We have all dreamed of winning the lottery, hitting that huge jackpot or being able to win at one of the gambling tables. Most of us don’t but then there are those that are actually professional gamblers and have hit the big times!
There are some professional gamblers out that have learned to either play the system and win, count cards or are just darn lucky. But mostly the ones that are still rich today and probably still getting richer are the ones that have learned when to play, not to play or know how to count cards!
With internet bursting with online slots and casino’s these professional gamblers have the world at their feet. As their playgrounds just got bigger giving them not only a place to earn more money but a place to sharpen their skills even more and practice online.
Most of the richest gamblers, however, may fiddle online but they have got rich in the actual brick and mortar casino establishments or betting bookies. An online casino may be convenient, but it lacks the thrill of pitting your wits against the actual tables in a crowded room filled with bustle and the twiddling noises of the slots in the background.
In no particular order here are 5 of the Richest Gamblers in the world:
Is a brilliant mathematician, who after getting a physics degree hit the casino strip in Vegas! His particular table of choice being the blackjack table. Using his excellent mathematics skills her started to count card and read books on how to hone this particular talent to nearly perfect. But after seven years of effectively counting cards, he was banned from nearly every casino along the Vegas strip.
After being banned from the casino he teamed up with another rich gambler that is on our list, Alan Woods. Together, each bringing their unique talent to the table, they joined forces and started betting on the horse racing scene. After both moving to Hong Kong, they developed a mathematical formula for predicting racing outcomes.
He makes an average of $4.5 to 10 million per race and around $100 million a year.
A mathematics wiz from Australia who dropped out of university to pursue a life of” advantage gambling”. Armed with an incredible math talent and a photographic memory he was able to successfully count cards! Taking the blackjack tables at the casino’s in Australia it is believed that he made a 6 to 7 figure win from a couple of hundred dollars. But as with Bill Benter, the casinos soon realized what he was doing which had him banned from the casino life!
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Not being at all deterred he took to horse race betting finding that he could use his mathematical skills to his advantage and predict winning outcomes of the races. Having been banned from gambling in most of the casino’s in Australia he moved to the United States.
He is known for making around $7.5 million dollars on a Keno Jackpot in New South Wales in 1994. He was inducted into the Blackjack Hall of Fame in 2011!
He is also very secretive about his life, wealth and does not give interview there is a lot of controversy over him and speculation that for business his uses his wife’s surname.
Phil Ivey has at one time or another been dubbed as “the best all-around poker player” in the world. He was even elected to the Poker Hall of Fame in 2017, won a World Poker Tour, won not one but ten World Series Poker bracelets and been at World Poker Tour final tables nine times.
His winning ranges from no less than $100 thousand a game to millions. For instance, in 2012 he is said to have won around £7.3 million at Crockfords casino which is in London where he was playing Punto Banco.
Edward O. Thorp
Author of “Beat the Dealer” a book that showed that it was possible to overcome the house odds and beat the deal in blackjack by card counting. A mathematical genius that has used his knowledge to master his blackjack theory by analyzing the game whilst developing reliable ways to card count.
He has not only successfully used his knowledge of statics and probability for gambling but in the stock markets too. His book “Beat the Dealer” has sold over 700 000 copies and is used by many a top gambler including Bill Benter.
Billy Walters is one of the top sports betting gamblers around and has had successful wins spanning over 3 decades. His story began at the age of 9, he had a temporary job of delivering newspapers of which he used he earning to bet on the New York Yankees in the 1955 World Series to win over the Brooklyn Dodgers. This was not a success for him and he lost the bet but he had got the betting bug and soon became a regular sports better. In his early betting days he was not a big winner and in fact, lost more than he won. By the age of 25 he had lost $50 thousand all together and in 1982 he has lost so much that he lost his house as well.
Still, he did not stop gambling and had more losses in his earlier years than most people ever have. He lost everything he owned about fifteen times and three wives along the way and still, he did not seek gainful employment as his father pleaded with him to do.
Due to some luck and a wheel-bias he and his gambling partner at the time won $3 million at the Atlantic Club Casino Hotel when he was in his late 30s. Since then he has only had one significant loss until he was convicted of insider trading and sentenced to 5 years imprisonment which is being appealed by his legal team.