The Biggest Names in the Gambling World

March 3, 2020 Posted in News by No Comments

The casino has always been an entertaining hobby to have, especially in the gambling world.

Our ancestors have been gambling because this type of winning money has been famous even in ancient times.

There have been winners and losers, and really, can you win if you don’t know what you’re doing?

The answer is probably. That’s why it’s called luck-based games.

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That’s how some of the most famous names in casino history have popularized themselves.

They were willing to risk their money and, as you can see, it was worth it.

There were a lot of extraordinary gamblers throughout history, from Henry VIII to Frank Sinatra.

But, let’s find out about the gamblers of our time (some of them may be still alive and well).

Here Are the Biggest Names in the Gambling World

1. Archie Karas

Anargyros Nicholas Karabourniotis or known commonly as Archie Karas is a Greek-American professional gambler who mostly played poker.

He currently lives in Las Vegas, Nevada even though he was born in a poor Greek family.

When he was only 15 years old he ran away from home and worked as a ship waiter.

From there he Got to Oregon, the USA where, after a period of time, had his bankroll up to $2M.

He quickly lost that money but he insisted on getting to the biggest games like high-stakes poker in Las Vegas.

There, he challenged the biggest poker names in that time like Chip Reese and Doyle Brunson.

He kept losing and winning millions of cash every day and that’s why he was famous; because he was a risktaker.

In 2013, he was arrested for cheating and had three-year probation. He never won any championships or casino-related awards.

2. David Edward “Chip” Reese

He was an American professional poker player from Ohio.

Some of them call him the ‘greatest cash poker player of all time’.

As a kid, he had health problems and later on, Chip got an offer from Harvard University but he declined it and got in Darthmouth instead.

That’s when he started playing poker with his friends. His first trip to Las Vegas was very lucky and got him rich in a night.

That’s why he never left. Except for poker, Chip started betting on sports too. He was a part of the World Series of Poker where he won more than $1M by beating Andy Bloch in 2006.

In 2007 he tragically passed away in his home because of pneumonia complications.

3. Edward O.Thorp

Technically, even though he wasn’t a gambler, Edward Thorp was a blackjack researcher.

Being a mathematics professor, he started having all these different theories about how to win and why you’re not winning.

Being a professional in theoretical blackjack, he found all of these holes in the games and that’s how, after years of research, he became an author by writing the book ‘Beat the Dealer’ where he explains his views.

This book, published in 1962 became a New York Times bestseller and got him the title ‘the father of card counting’.

That was the peak of his fame and since then, he wrote 5 more books and is now alive and well in the 87th year of his life.

4. Billy Walters

Raised by only his grandmother, Walters had a very hard childhood.

His father died when he was only 18 months old and that was the last straw for his alcoholic mother to leave him after a period of time.

He had to work 80 hours a week in bakeries, and gas stations.

But, his gambling career started when he was only 9 years old.

Walters bet on the New York Yankees and even though that day they lost, he never gave up.

After the death of his grandma, he had to move to Louisville with his mother.

There he met his wife Susan and he worked in the car sales for a while before coming to Las Vegas.

His biggest win was almost $4M in Monte Carlo in 1971 and except for casino games, he was sports betting as well.

Now, he has 3 children, a car-sales holding company and a net worth of $100M.

5. Phil Ivey

From all of the gamblers on this list, Phil Ivey is the only one who is in the Poker Hall of Fame.

Born in an American family in California, Ivey started gambling in the late 90s.

Since then, he got a fake ID card just so he could play poker in casinos in New Jersey.

That’s how he got his first nickname ‘No Home Jerome’.

His second nickname is ‘Tiger Woods of Poker’ and since then, he has won 10 bracelets and appeared at 9 World Poker Tour final tables.

 They didn’t need much in order to be lucky and win so big that they became famous.

So, neither do you. All you need is a will to play and you’re all set.

Who knows when will you win big?