Famous Gamblers in History

Famous Gamblers in History

Throughout history, there have been many famous gamblers, but few of them have received any recognition. These people represent the phenomenon of brilliant minds taking risks. While the gambling world is notorious for promoting the notion that luck is the best predictor of success, other factors contribute to fame and fortune. This article will look at some of the most notable gamblers in history, so read on about famous gamblers in history!

Henry VIII

Henry VIII was the best gambler of all time. He amassed debts worth tens of millions of pounds and never flashed his royal status during games. He took advantage of all gambling opportunities in England and was regarded as one of the richest gamblers of all time. However, he was not the most popular royal. Therefore, his gambling career ended prematurely when he realized that he was losing control.

John Montagu

There are many more famous gamblers in history. For example, in the 18th century, the renowned statesman, John Montagu, was a gambler. In fact, he was so addicted to gambling that he would even ask for a meat sandwich during his long gaming sessions. Interestingly, he was also the 4th Earl of Sandwich. A few of these famous gamblers may be the most famous. But they all share something in common: they were passionate about it.

Famous Gamblers in History

Edward Thorp

Edward Thorp is another famous gambler. Not only is he one of the richest gamblers in history, but he also had a successful investment gig. In fact, he developed a system that netted him an average of 20% per bet. His card counting strategy was revolutionary, influencing the blackjack game as we know it today. Few people in history have achieved this kind of success. However, this is certainly an impressive list.

Archie Karas

Archie Karas started his gambling career in 1990. After three years, he had tripled the amount he borrowed from his bank. During that time, he won more than $40 million. His success was so astounding that he was banned from casinos in 2013.

President Roosevelt

During his presidency, President Roosevelt also borrowed the habit of gambling and used it as a diplomatic tool. He played poker with Winston Churchill on his way to give a speech. The President also attended poker tournaments held at the White House, and he was perfectly fine with losing hundreds of dollars. But he preferred to play for small amounts of money and did not mind losing a few hundred dollars. The famous gamblers listed above all have made their lives better.

Phil Ivey

One of the most successful gamblers in history is Phil Ivey. His edge in poker was made possible by a technique called edge-sorting. This technique helped him to spot good cards that the casinos didn’t want to pay. As a result, after Ivey won $9.6 million from a baccarat table, the casino refused to pay him for his winnings. 

In addition, one of the most famous gamblers in history was John Montagu, a famed nobleman and the 4th Earl of Sandwich.

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