5 Roulette Bettors Who Broke the Bank
The casino game roulette is known for having high chances of being won. It is also recognized for having a notoriously high house edge. Furthermore, roulette is also found to have a rather high losing rate. As much as it is so easy to win this casino game, it's also a lot easier to lose as the game relies so much on chance and bows a bit more than the others to the house.
There are of course, throughout the centuries, individuals who have all won roulette. Many of these simply came and went, and their names remain in obscurity. However, there are a few who have accomplished previously unknown feats in roulette, like winning all the money in the table. Those who have achieved this and similar exploits are granted celebrity status and, often, the animosity of their host casino. Such lucky players are as follows:
Let's start with a well-known English gentleman named Joseph Jagger who was dubbed "The Man Who Broke the Bank at Monte Carlo", a title he rightfully deserved so. He speculated that slight mechanical imbalances can create biases in the wheel and he was right - after hiring five clerks to record all the results in Monte Carlo's Beaux-Arts Casino in 1873, he discovered a single wheel out of six that favors nine of its numbers more than the rest. With this knowledge in mind, he gambled away his money and won a sum equivalent of A�3,250,000, but not without resistance from the casino.
Yet another "Man Who Broke the Bank at Monte Carlo", Charles Wells' feat is no less than that of Jagger. With A�4,000 in hand, he gambled at the fabled Monte Carlo Casino and broke the bank 12 times in 11 hours, winning 1,000,000 francs in July, 1891. He later won around the same amount in three days in November of the same year. The casino hired private detectives to figure out Wells' system, which turned out to be no more than the Martingale coupled with an absurd amount of luck.
Fast forward a century and we have Gonzalo Garcia-Pelayo in the 90s. He set off to the arduous task of finding a biased wheel in Casino de Madrid, where he won €600 every night, owing to a reportedly 15% player edge the wheel bias gave him. He ended up with a million Euros and, like Jaggers, faced some counterattack from the house, including a serious lawsuit.
In the same decade, programmer Chris Boyd decided to gamble his $220,000 savings but failed to find a casino that takes such amount. After successfully negotiating with the dealer and pit boss of Benny Binion's Horseshoe Club, he wagered everything on red in a European-style roulette game. Luckily, the ball landed on Red 7 and Boyd subsequently doubled his money.
More recently, Ashley Revell did a very daring gamble - he sold everything he owned, amounting to $135,300, for a single roulette bet. In April 11, 2004, he wagered what's basically his net worth plus additional funds from bookmaker Blue Square, auctions and car boot sales at Vegas' Plaza Hotel and Casino. There, he successfully doubled his money, thanked and generously tipped the dealer, and left to found Poker UTD, an online poker company.
The people described above are all examples of the fact that one can win big in roulette. However, consider these as extremely rare occurrences, and not as inspiration to give your all in the game. After all, roulette is still a game of chance, where some are simply lucky while some are not.
The casino game roulette is known for having high chances of being won. It is also recognized for having a notoriously high house edge. Furthermore, roulette is also found to have a rather high losing rate. As much as it is so easy to win this casino game, it's also a lot easier to lose as the game relies so much on chance and bows a bit more than the others to the house.
There are of course, throughout the centuries, individuals who have all won roulette. Many of these simply came and went, and their names remain in obscurity. However, there are a few who have accomplished previously unknown feats in roulette, like winning all the money in the table. Those who have achieved this and similar exploits are granted celebrity status and, often, the animosity of their host casino. Such lucky players are as follows:
Let's start with a well-known English gentleman named Joseph Jagger who was dubbed "The Man Who Broke the Bank at Monte Carlo", a title he rightfully deserved so. He speculated that slight mechanical imbalances can create biases in the wheel and he was right - after hiring five clerks to record all the results in Monte Carlo's Beaux-Arts Casino in 1873, he discovered a single wheel out of six that favors nine of its numbers more than the rest. With this knowledge in mind, he gambled away his money and won a sum equivalent of A�3,250,000, but not without resistance from the casino.
Yet another "Man Who Broke the Bank at Monte Carlo", Charles Wells' feat is no less than that of Jagger. With A�4,000 in hand, he gambled at the fabled Monte Carlo Casino and broke the bank 12 times in 11 hours, winning 1,000,000 francs in July, 1891. He later won around the same amount in three days in November of the same year. The casino hired private detectives to figure out Wells' system, which turned out to be no more than the Martingale coupled with an absurd amount of luck.
Fast forward a century and we have Gonzalo Garcia-Pelayo in the 90s. He set off to the arduous task of finding a biased wheel in Casino de Madrid, where he won €600 every night, owing to a reportedly 15% player edge the wheel bias gave him. He ended up with a million Euros and, like Jaggers, faced some counterattack from the house, including a serious lawsuit.
In the same decade, programmer Chris Boyd decided to gamble his $220,000 savings but failed to find a casino that takes such amount. After successfully negotiating with the dealer and pit boss of Benny Binion's Horseshoe Club, he wagered everything on red in a European-style roulette game. Luckily, the ball landed on Red 7 and Boyd subsequently doubled his money.
More recently, Ashley Revell did a very daring gamble - he sold everything he owned, amounting to $135,300, for a single roulette bet. In April 11, 2004, he wagered what's basically his net worth plus additional funds from bookmaker Blue Square, auctions and car boot sales at Vegas' Plaza Hotel and Casino. There, he successfully doubled his money, thanked and generously tipped the dealer, and left to found Poker UTD, an online poker company.
The people described above are all examples of the fact that one can win big in roulette. However, consider these as extremely rare occurrences, and not as inspiration to give your all in the game. After all, roulette is still a game of chance, where some are simply lucky while some are not.
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