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The World's Most Successful Gamblers

From Connor Christopher
June 2016.

 

It's important to gamble responsibly; to know your limits and to stick to them. Gambling is supposed to be fun and there's no guarantee of success. However, there are many people who have become masters in their fields and have gone on to become some of the richest people in the world.

The key to success in gambling is knowing what you are betting on and becoming an expert in your chosen field, but that is not easy. Whatever it is that you choose to make your money on, whether it's poker, horse racing, baccarat, blackjack or sports betting, it's not easy to become a master. It can take years and years to become an established poker player, learning strategy for baccarat can be challenging and becoming a master of horse racing requires endless studying of both horse and jockey. There are people who have mastered gambling, and not by luck - by a lot of hard work mastering their trade.

Here are some of the world's most successful gamblers:

Scotty Nguyen

The Vietnamese poker player was a bus boy before ditching that life to learn to become a card dealer. Eventually, he realised he had the skills to try professional poker in 1985.

It wasn't all plain sailing for Nguyen though. Throughout his career, in which he won five world poker championships, he had many losses and even had to go back to dealing in the early years.

In over 20 years of gambling, the former bus boy has taken home more than $11.25 million from live tournament winnings alone.

William Benter

Regarded as one of the wealthiest gamblers in the world, the American-born genius developed computer software that mastered the Hong Kong horse racing tracks.

Benter used computer science and with the help of his team, they made their own prices and probabilities, and used these to bet against the general public who generally place bets on horses because they like the name or because a friend gave them a tip.

It is estimated that Benter now makes around $10 million from Hong Kong horse racing every year.

Phil Ivey

Many rate Ivey as the world's greatest poker player. Before he'd even turned 30, Ivey had earned millions and already won five World Series of Poker Tournament titles.

He has since won another three World Series titles and firmly established himself as one of the greatest players of all time.

According to Celebrity Net Worth, Ivey is now worth a staggering $100 million.

Zeljko Ranogajec

In 1994, expert gambler Ranogajec broke the world record for the biggest Keno jackpot ever won, taking home $7.5 million. Although Ranogajec actually bet more than $7.5 million to win the jackpot, after minor prize wins plus rebates he also received, it worked out that he had made a hefty profit.

The big money for Ranogajec came from horse racing. Although he remains very secretive about his gambling, it is estimated that he turns over $1 billion a year from his professional gambling operations all over world.

 

 

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