It should come as no surprise that some crazy bets have been seen in many casino establishments. These reckless bets have also been destined for infamy – learn more.
Betting big on Roulette is exceptionally risky at best, selling everything you own to fund the bet, is riskier still, well this was the mind set of one Ashley Revell back in early 2004. He decided that he was going to sell all his belongings and close his bank accounts in order to take a huge bankroll of $135,300 to Las Vegas. Originally these funds were raised for Poker tournaments, but once the Brit landed in Las Vegas, he made the crazy decision to bet all his cash on a single spin of a Roulette wheel in the Plaza Hotel and Casino. Ubelivably, Ashley Revell won and doubled his money to $270,000. Revell used his winnings to set up an online company named Poker UTD. However, by 2012 the business venture went bust.
Unemployed waiter Archie Karas borrowed $10,000 from a close friend and took the cash to Binion’s Horseshoe Casino. Archie used his cash to enter a casino Poker competition. Remarkably, Archie beat 15 of the best Poker players in the world and his luck continued whilst playing Craps. Archie walked in to the casino with a $10,000 loan and walked out with $17 million, not a bad day at the office at all.
William Lee Bergstrom
William Lee Bergstrom was from Texas and loved to gamble, in fact, he was a high roller and his legendary punt holds the record for one of the biggest ever bets placed at a casino. Again, the bet was placed at Binion’s Horseshoe Casino Las Vegas. On his person, Bergstrom had 2 suitcases, one was empty and the other contained $777,000 that he considered to be a lucky number. He placed the entire amount on the Don’t Pass line of a dice game and won.
Jake Cody is a successful Poker player with over $4.5 million to his name. One day whilst celebrating winning yet another Poker tournament, he decided to place all his winnings of $60,000 on a spin of a roulette wheel. This bet took place at Nottingham’s Dusk Till Dawn casino. The crazy idea saw the light of day because of a throw away comment that was actually a joke, as someone casually suggested that he should bet all his cash on a wheel spin. Cody managed to double his money but later said that he would stick to his Poker comfort zone for his future betting kicks.
Frederick W Smith
Frederick W Smith founded the $55 billion worth FedEx, which is an international shipping giant. However, things were not always so good. In the 1970s, FedEx was really struggling and Smith was down to his last $5000 in operation money. He took it to the Blackjack tables of Las Vegas and turned it to $27,000. This proved enough to help Smith raise more capital to keep the company a float until it turned its first profit.