She played all morning and afternoon, winning and losing, and winning again. Try as she would, she could not get them to give her a louis. At seven o’clock she retired from the fight, only a poor five francs the winner. She was fearfully tired, her head ached, and the smile of fortune seemed transformed into the wryest of grins.

The fourth day she had no trouble and her confidence came back. But the fifth ... the first dozen came up seven times running and broke to the third. By all the laws of average it was due to rest a bit and allow the equilibrium to establish itself. It was, therefore, with a confidence almost insolent, that the girl staked on the second and third dozen. She was so sure of winning that she felt as if the money were already in her hands, and did not even wait to watch the spinning wheel. She had reached down to secure her winnings when to her surprise she saw both her stakes being raked in. The number two had declared itself.

Next time it would come right, and again she staked on the second and third dozen. She waited almost listlessly. To her dismay she saw her stakes swept off a second time. There must be a mistake.... No, the ball was resting in the slot marked twelve.

She sat down on one of the leather-padded lounges. It was not the money she had lost that worried her, but the fact that her system had proven untrustworthy. She hated to be beaten like that. A mixture of resentment and anger dominated her,—a mood most dangerous to a gambler. She rose, and going back to the table put one louis on the second dozen and another on the third. She won. She had regained all that she had lost.

She did not play any more that day. She went to the Café de Paris, and, having ordered a jug of chocolate, sat down to think. It was evident that to gain four straight wins every day, was too great a strain on her system. Well, then, instead of playing four coups with five francs each time, why not play a single coup with a louis for the stake? In this way she would not tire herself out with long play, nor exhaust her luck. Accordingly the next day she began playing on these lines.

For a time all went well. She found that with average luck she won three times out of four. Then a spell of bad luck set in, and in spite of the care with which she played she found her gains were reduced to two out of three. This left her no profit. She must do something to raise her average. She thought the matter over. If she had to have a certain proportion of losses, why not let them be fictitious ones? Why not let her losses be made with imaginary stakes and her gains with real ones? She made up her mind that, playing with her usual care, she would wait until she had lost twice in her head, before playing on the table a third time for a win. It needed lots of patience; often she had to wait for two hours before her chance came, but with this method she won three times out of four. However to develop a system in theory and put it into practice are two very different things. To play a system one must be as emotionless as a machine; systems make no allowance for human passion and impulse, and this she soon found to her cost.

It happened one day that, when she went to the Rooms in the afternoon, she staked as usual a louis on the second and another on the third dozen, after having watched the wheel for awhile. The number eleven came up. Now according to her system she should have called her day a loss and gone home. But on this particular afternoon her mood was mutinous. She determined to try again. She re-staked in the same fashion, and the eleven repeated. She was furious with herself for being so weak and foolish. It would take her four days to regain her losses. It was too tedious, too discouraging. Well, it could not be helped now. She walked to the door, but just as she reached it she hesitated. Her irritation grew. No, she would not let them beat her. Going back to the table she fumbled in her bag and drew forth two notes of a hundred francs each. She handed them to the croupier.

“Second and third dozen, please.”

She was strangely calm now, but she could not bear to see the ball spin. She turned and went to another table, pretending to watch the play there. She forbade herself to look back, then when she heard the ball drop, she glanced round. The croupiers were cleaning up the tables, but the rake swung clear of the hundred francs she had put on the middle dozen. She had won.

Again she snatched victory from defeat. She had retrieved her losses and had a louis to boot. But strange to say she felt no elation. She had been reckless and risked two hundred francs. It must not happen again, she told herself.