Whether you’re new to the gambling world or have been professionally playing for a while, you are probably interested in learning more about how some of the richest gamblers got their start as professional gamblers. In this post, we will introduce you to the gambling legends that have made millions or even billions off the sport of gambling.
Born in Pittsburgh, Pennsylvania in 1957, Bill Benter is now considered the richest gambler in the world. Known as a math genius, Benter used his skill of counting cards to play on blackjack tables across Las Vegas, after earning a degree in physics. He spent seven years winning big at blackjack before being banned from the majority of the casinos in Vegas.
Benter then met Alan Woods and moved to Hong Kong, where the two gamblers created the first software-assisted gambling operation, considered the most successful one of its kind today, to help them predict the outcome of horse races. After Woods and Benter had a falling out, Benter continued gambling on horse races, by himself, in Hong Kong. Today, he makes an estimated $100 million per year.
Edward E. Thorp
Considered the father of card counting, Edward E. Thorp was born in 1932 in Chicago. He earned his mathematics degree from UCLA and worked as a professor of mathematics for 18 years from 1959 to 1977. He was the first person to use computer simulation to create a blackjack strategy. He invented card counting in order to help improve players’ odds, which he tested and verified in casinos across Vegas, Reno and Lake Tahoe.
Thorp then wrote the book Beat the Dealer, the first guide to card counting, which is now used by gamblers across the world. He then created the first wearable computer in 1961 and used it at casino tables to play games like blackjack and roulette until the device was banned in 1985. Thorp used his math knowledge in the stock market and created hedge fund techniques that helped him earn a whopping fortune of about $800 million.
Ranogajec was born to Croatian immigrants in Australia, where he dropped out of college to pursue advantage gambling, using his photographic memory and math knowledge to play blackjack and turn hundred-dollar bets into million-dollar wins. He was ultimately banned from most Australian casinos, so he turned to horse betting where he used his math knowledge to correctly predict the races, which earned him winnings in the billions. He now earns an estimated $1 billion per year, but he is very private. And so, his net worth is not known.
Known as one of the biggest sports betting legends, Walters was raised by his grandmother in Munfordville, Kentucky along with his siblings. His father was a professional poker player, and his uncle a professional gambler. It can be said that his gambling bug runs in the family. He made his first bet at the tender age of nine, and nearly 30 years later, he began running his own bookmaking service, illegal in Kentucky at the time. After he was fined $1,000 for it, he moved to Las Vegas, where he works with several analysts to help him win big. He makes an estimated $15 million per year, and his net worth is an estimated whopping $200 million.
Antonius originally wanted to become a pro tennis player, but he switched his dream career to poker after a pretty severe back injury. He earned over $17 million between 2007 and 2016 playing online poker. Antonius likes to claim that he is self-taught and does not use software to gain an edge over other players. His biggest poker win occurred in 2012 when he earned $1.2 million during the $250,000 Aussie Millions Challenge.
Phil Ivey was the youngest player ever to win 10 World Series of Poker bracelets. Born in California and raised in New Jersey, Ivey began playing poker at the age of eight, when his grandfather taught him five-card stud poker. Ivey then used a fake ID to gain access to casinos in Atlantic City as a teenager. He also played against coworkers at his telemarketing firm as an early adult and became a professional poker player at age 20. The pro has earned a net worth of over $23 million, is considered the fifth most winning poker player in tournaments and until 2011 was the biggest online cash game winner ever. He won most of his net worth, a whopping $19 million, through playing online poker.
If these gamblers could make it big, what makes you think you can’t? Luck is not the only big factor in casino gaming. You must also practice and hone your skills, the best way for which is playing at an online casino in India. However, to find the most trusted online gambling sites out there, remember to check out authentic casino gaming review sites and see what the experts recommend.