Monte Carlo

noun4

1. •
   A ward of Monaco, Europe, famous for its casinos.

   • "Why do people go if they invariably lose?" asked the blind man. "My dear fellow, why do they go to Monte Carlo?" was the retort, accompanied by a tolerant shrug. — 1923
2. •
   Ellipsis of Monte Carlo method.

   • The probability density of the Bayesian posterior was estimated by Metropolis-coupled Markov chain Monte Carlo, with multiple incrementally heated chains. — 2004
3. •
   A commonly served drink consisting of beer and grenadine.
4. •
   An informal dance competition, where contestants in one quarter of the floor are eliminated by a randomly drawn card representing the corner.