Is it Possible to Get Rich From Gambling?

By  //  March 10, 2022

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When it comes to gambling, people are basically divided into two camps: those who are fond of gambling and believe that you can win a lot of money with them and those who are suspicious and claim that you only lose money with these games and that the big winners are the casino owners.

The truth is not in any of the extremes. Although it must be admitted that there are few cases of great success of players and that, in general, it is true that casino owners almost always win.

But reality also tells us that there are many cases and examples of people who have become rich thanks to gambling. Here are some of the most well-known cases.

Bill Benter

This man born in 1957 was banned from most casinos in Las Vegas, the city of gambling. 

It happened after this expert mathematician decided to use his knowledge to count cards at the blackjack tables of the city’s casinos. He won every night for 7 years – unbelievable!

It is said that he also created a formula to increase by a large percentage the margin of success in horse racing predictions. It is speculated that every year he wins more than 100 million dollars in bets and games.

Edward E. Thorpe

Another mathematical genius who, instead of teaching in a classroom, preferred to use his knowledge and brilliance to make money in gambling. He has been very successful in his career.

He has been the first to be recognized for using a computer simulator to generate a winning strategy in blackjack

He has also used his knowledge to make money in the stock market. He is an expert in statistical and probabilistic analysis.

The press believes his fortune amounts to $800 million.

Zeljko Ranogajec

We are talking about an Australian with a photographic memory, a very rare but very useful type of memory for card playing.

He abandoned his university studies to devote himself entirely to making money in the game. He was one of those who chose blackjack to become a millionaire and managed to win seven-digit figures.

Some say he has amassed more than $1 billion in winnings despite his gambling methods being banned. He has also won a lot of money betting on horse races.

Billy Walters

Billy Walters is a legend in the sports betting world. Perhaps it is hereditary because his father was addicted to the game of poker.

He gambled continuously from the age of 9 and three decades later moved to Las Vegas to set up his own gambling business.

Walters’ annual earnings are estimated to reach $200 million. Not bad.

Phil Ivey

He is a true poker pro who became notably famous after reaching 10 World Series of Poker bracelets. Quite a feat.

He was considered a child prodigy of the game of chance and especially of poker. He started his career when he was 8 years old. Just playing online, he has won almost 20 million dollars, although his total income is much higher.

Elmer Sherwin

Although it is a game in which the chances of winning large sums are smaller, there are cases such as Elmer Sherwin’s, who won $4.6 million in a slot machine in a Las Vegas casino.

Sherwin was a World War II veteran and achieved his success at The Mirage casino within hours of its opening.

But Sherwin was a very lucky man. Sixteen years later he won $21 million on a slot machine again. Yes, again.

It is also possible to win millions or thousands of dollars on an online slot machine. You may be interested to see the best slot sites.

Gonzalo García Pelayo

This Spanish citizen is a mythical character whose name has been inscribed on the blacklists of many casinos in Europe and the United States.

For roulette fans he is almost a god because in the 90s, together with some of his relatives, he won a lot of money betting all over the world. He had a secret and winning gambling system.

By the way, roulette is one of the table games that offers the most winning chances to players in casinos. You know that.

Norman Leigh

This British gambler had big winnings in the middle of the last century also playing roulette.

It is said that he had a technical team of 12 people assisting him. He was a big winner in French casinos that, after discovering his system, banned him from entering.

He wrote a very famous book where he told all the methods he had used to win and offered all his advice to those who wanted to try their luck and challenge the casinos.

Conclusions

The above cases show that it is possible to win a lot of money playing gambling games but it is not the most common thing in the world. You decide what to do, but remember that gambling can also be addictive and very dangerous.