Famous Pro’s

Here is a list and brief overview of some of the most famous gamblers of all time:

1. Edward Thorp-

Many people have nicknamed Thorp the “father of card counting”. This was a man who knew his way around a blackjack table like no one else before or after him. He was a mathematics professor at a university, giving him a special advantage when it came to cards. Not only did he count cards, but he studied the game of blackjack to such an extent that there was almost no chance of him losing a hand. He would spend his weekends gambling, raking in close to $70,000 (in today’s money) every time.

2. Archie Karas:

Archie Karas won more than $40 million at Las Vegas casinos and gambling halls from 1992 to 1994. His story is incredible; especially when you consider that he arrived in the city with $50 in his pocket. He borrowed $10,000 to begin gambling, and turned that into $17,000,000 within six months. The games he played most often were pool, poker, and shooting dice. While many famous gamblers had a trick or cheating scheme up their sleeve, Karas was just incredible at reading people and getting lucky when he needed to. Playing pool or poker with him was an ordeal for everyone else. He would get under your skin in one manner or the other, ensuring that he had the mental edge. It was a shame that he let his success get to his head and eventually gambled away his entire fortune in 1995.

3. Arnold Rothstein:

Ever wondered who inspired the story of The Great Gatsby? It was Arnold Rothstein, a man who made his fortune by being an expert at gambling in the late 1800s and early 1900s. Rothstein was a cigar salesman by profession, until he managed to put together savings of $2,000. He took that money and began gambling, betting on everything from baseball to elections to horse races to traditional casino/poker games.

He started off with smaller bets, but it got to a point where he was betting $30,000 or $40,000 at single events. He won as much as $850,000 during one horse race, which was an incredible amount back in the early 1900s.

It is often said that Rothstein was behind the famous “fix” of the 1919 World Series. However, the reality is that Rothstein never actively participated in fixing. He would just be informed about what was going on, which allowed him to place the right bets at the right time.

Many people may exceed the monetary sums that Rothstein bet and won, but he was a gambling pioneer for his time. He is the classic example of a man who started from humble beginnings, used his skill to build up a sizable sum of money and influence, which he used to his advantage in all of his future bets.

theme by teslathemes