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Who is the richest gambler?

Who is the richest gambler?

For some, gambling is just a past time. There are gamblers, however, for whom it is a full-time activity. Their world revolves around gambling. For some, it might be a successful pursuit, but for the select few, it becomes a pathway to unimaginable riches and luxury! Successful gamblers have always been an enigma. They have made huge profits by betting at the casinos. Many amongst us might have heard about the success stories of gamblers. Who is the richest gambler?

Read on!

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Who is the richest gambler?

Billy Walters is widely considered to be one of the richest gamblers in history. Having started gambling at the young age of 9 years, and by the time he was 22 years old, he had already lost around $50,000.

His luck changed as he entered his 30’s, and he started a lucky streak. In 1986, he requested a $2 million freeze out game of roulette, at the Atlantic Club Casino Hotel in New Jersey, and played for 38 hours, winning $3.8 million. After that, there was no looking back for him. In the same year, he won the Super Bowl of Poker, netting in $175,000.

Along with his Syndicate, he made some huge winnings, including $400,000 from Las Vegas, and $610,000 from Atlantic City.

Sports betting

Along with gambling, Walters was also into sports betting and was known for making huge bets, sometimes as big as $3.5 million! He won $2.2 million in 2007 by predicting a University of Southern California over the University of Michigan. According to his own claims, he could net well over $50 million a year, betting and gambling.

Today, his net worth stands at around $200 million.

Notable mentions

Who is the richest gambler? Apart from Walters, some other notable people who made it big in the world of gambling include Bill Benter, who went on to earn close to $1 billion for his software for analyzing and predicting horse race winners, Zeljko Ranogajec, and Phil Ivey.

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