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Gambling related articles


Some of the best gamblers of all time

By Nicky Mirando
June 2018

 

The Smart Money

Gambling isn't just about hoping to win big by taking a long shot and hoping for the best. Gambling is nothing short of a sport, a profession that has sculpted some players into legends. If gambling was all about luck, there would not be professional gamblers that consistently win at what they do. That is because they bet with smart money, with a competitive edge that helps them keep coming up on top of the pile.

For those smart gamblers out there, you know one of the fastest ways to traverse the road to greatness is to see how other greats did it before you. That is why we have put together a list of some of the best gamblers to ever live, all of which started with nothing more than a little bankroll and a big dream.

The High Rollers

Everyone knows that the house always wins, or at least, that is what they want you to think. But if that were true, how would there ever be professional gamblers that made a fortune doing just that, beating the house at their own game. Here is a list of some of the best gamblers who beat the casino:

Gonzalo Garcia-Pelayo

One of the first gamblers to ever exploit what is called the wheel bias, Gonzalo made his fortune by playing the game of roulette, a seemingly entirely random and luck based game. What Gonzalo discovered however, is that nearly every wheel was unique, and not perfectly center, meaning that it would hit some numbers more often than others. There are also wheels with other imperfections, like slightly bigger slots, or sticky gears. Gonzalo watched wheels for hours, recording results and then playing the odds, making big money in the process. That combined with free bets made it a very lucrative career for Gonzalo.

Dominic LoRiggio

With a nickname like, "The man with the golden arm", you can be that Dominic had a colorful personality and reputation. The nickname comes from the fact that Dominic practiced painstakingly for hours what is called, "controlled shooting." This is basically the ability to roll the dice in such a way that you get the outcomes you want when you want them while playing craps. While some say controlling the outcomes are impossible, Dominic made thousands of dollars at various casinos doing just that.

Archie Karas

A Greek and American poker player born in 1950, Archie is famous for having one of the longest recorded winning streaks in the history of casino gambling. No luck involved here, Archie turned a $10,000 loan into 40 million in only a three year period. Archie has claimed to have gambled more money in casinos that anyone else who has ever graced the scene. He came from a poor family, and spent much of his teenage years shooting marbles to make enough money to eat. The skills carried over however when he went to Vegas, and he is still known as one of the greatest gamblers of all time.

 


 

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