Richest gamblers in the world have made their fortunes through various forms of gambling, including horse racing, sports betting, and poker. These gamblers have become famous for their skills and have won millions of dollars through their gambling endeavors.
Bill Benter, a mathematics genius, is currently the richest gambler in the world, earning around $100 million annually. Benter started using his knowledge for gambling purposes, and after years of playing, he has become a successful gambler. He studied physics and used his knowledge to count cards at blackjack tables. After being banned from most Las Vegas casinos, he moved to Hong Kong and created the world’s first software-assisted gambling operation.
Tony Bloom, with an estimated combined net worth of up to $1.7 billion, is known for his success in sports betting and poker. He owns the UK’s biggest gambling consultancy syndicate, Starlizard, which is believed to make hundreds of millions of pounds each year.
Edward Thorp, with a net worth of $800 million, is considered the father of card counting and invented the point system. Thorp, a mathematics professor with a master’s degree in physics and a doctorate degree in mathematics, invented the original card counting system and used it in real-world situations.
Andrew Black, worth $670 million, co-founded Betfair, the world’s first and largest bet exchange. Black worked in a derivatives business but became more successful as a gambler, eventually earning enough money to give up work and focus on gambling full time.
Zeljko Ranogajec, worth $600 million AU, is a master mathematician who specializes in blackjack, horse racing, keno, and sports betting. He is known as “The Joker” and has an estimated annual betting turnover of over $1 billion.
Other Richest Gamblers
Phil Ivey, with a net worth of $100 million, is one of the most famous poker players in history. He has won more than $15 million in live tournament earnings and has been referred to as “the Tiger Woods of poker.”
Chris Ferguson, with a net worth of $80 million, is another famous poker player. He has won 6 World Series of Poker bracelets and has been a successful player for over 20 years.
Jonathan Duhamel, with a net worth of $32 million, is known for winning the Main Event at the 2010 World Series of Poker. He defeated John Racener heads-up to win the title, earning $8,944,310.
Patrik Antonius, with a net worth of $4 million, is a Finnish poker player who has made over $17 million playing poker online. He scored the biggest win in online poker history in 2009, having won a hand worth over $1.3 million.
Archie Karas, another high roller, got close to $40 million but lost it all. He is known for playing pool and poker and made the longest winning streak in history with only a $50 wager.
In the history of gambling, some notable mentions include Charles Wells, Allan Woods, and Amarillo Slim. Charles Wells was an English gambler who broke the bank at Monte Carlo in 1891 when he won 1 million francs at the roulette table. Allan Woods was an Australian and Hong Kong professional gambler who managed to become one of the biggest gamblers in the world. Amarillo Slim was an American professional gambler best known for his poker skills and proposal bets.
William T. Walters: The Richest Gambler in Las Vegas
William T. Walters, also known as Billy Walters, is considered one of the richest gamblers in Las Vegas. He is an American entrepreneur, philanthropist, and retired professional gambler who made a fortune through sports betting. Walters had a winning streak that lasted for over 30 years.
Walters began his gambling career by betting on sports events for fun. However, he soon discovered his talent for gambling and started to make a living out of it. He gradually moved on to playing blackjack at casinos in Las Vegas, using card counting techniques to win big.
As a professional gambler, Walters was obligated to pay taxes on his winnings. This applies to all individuals who earn money through full-time or part-time gambling, whether it be online or offline.
In conclusion, the richest gamblers in the world have made their fortunes through various forms of gambling, including horse racing, sports betting, and poker. They have become famous for their skills and have won millions of dollars through their gambling endeavors.