Parrondo's paradox from classical to quantum: A review

Two losing games can be combined in a certain manner to give a winning outcome—this is known as Parrondo's paradox. Parrondo's paradox has found its applications across different disciplines such as physics, biology and finance, amongst others. At the turn of the millennium, there has been immense attention on the quantum Parrondo's games as classical games are simulated using quantum notation. This review paper traces the construction of quantum Parrondo's games from classical capital-dependent, history-dependent and cooperative Parrondo's games. Directions for future research will also be discussed.