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With his card counting methods, which tilted the house edge in his favor,. Thorp was soon on his way to casinos across the United States, mainly Las Vegas, Lake Tahoe, and Reno.
His book on card counting was the first of its kind and is still regarded as the ultimate guide to this popular blackjack strategy.
Thorp went so far as to invent the portable computer to carry into casinos until they became banned in He used card counting also in backgammon and baccarat.
A maths professor, Benter started using his understanding of maths for gambling purposes. After spending years in training, Benter started visiting Las Vegas casinos playing blackjack using card counting.
Sometime later, casinos caught up with him and banned him from playing, which meant Benter would turn to sports betting, horse racing in particular.
He developed software for betting, which allows him to earn money without him himself gambling. Yes, they do!
As their title would suggest, they are professional gamblers, meaning they think of gambling as a means of earning a living, just like a professional baker would think of running a bakery.
Instead, he hit the casinos, hoping to cash in on his knowledge. He started small, counting cards in Vegas while playing blackjack.
Thorp, his skills improved, and Benter started winning a lot more often. However, casinos always frowned upon card counting, which made it nigh impossible for Benter to make a career out of playing blackjack.
Moving from blackjack to horse racing, Bill Benter made a transition from gambling into the world of sports betting, so to speak.
However, the truth of the matter is that Benter technically never gambled. However, when we look at how Bill Benter approached horse racing, we must acknowledge the brilliance of his approach.
Benter is a philanthropist donating to charitable causes both in Hong Kong and the United States. William Benter was born and raised in Pittsburgh, Pennsylvania.
He came across the book, Beat the Dealer , by Edward O. Thorp , which helped him improve his methods. Benter then met with Alan Woods , a like-minded gambler whose expertise in horse racing complemented his own in computers.
The two became racing partners and in , moved to Hong Kong. Using his statistical model, Benter identified factors that could lead to successful race predictions.
A completely free platform to track your money. This was instrumental in me building my wealth and cash flow over time.
You now might be waiting for your dreams to come true, you might be inspired by the tales behind some of the richest gamblers in the world.
Most casino games have a favorable advantage and you are playing against the odds. If you want to make money gambling, you have to focus on games that you can gain an edge.
In order to make money gambling, you must be very disciplined and determined for success. Professional gamblers are very keen on winning. You can apply the same theories to anything you do.
In addition, pro gamblers have realized that they need to make consistent value bets, which mean that you put out money where you have a slight edge in winning.
While luck is a serious component, there is no doubt in my mind that skill is the majority. I will never turn down a good poker game.
Gambling is a tough way to make money, but you can make money instantly if you are good. Pro gamblers continue to look for an edge in order to succeed.
From Pittsburgh, Pennsylvania, Bill Benter is a mathematical genius who changed the Hong Kong horse racing market, winning millions along the way!
Here at WGG we rate Bill Benter as the wealthiest and most sucessful gambler of all time! While he was never a professional gambler, he was certainly one of the "highest rollers" the worlds casinos and race tracks have ever seen.
The World's Greatest Gamblers is all about profiling the most succesful gamblers in the world. Nowadays most gamblers and sport bettors alike use this formula to calculate the most likely winner, truly remarkable!
This Finish born maestro has the record for the first ever win of a hand over one million dollars, the pot totalled one million three hundred and seventy seven million dollars.
His first tournament win was in Helsinki and his love for the game grew exponentially. After he moved to the online poker scene and today he is seen as the big shot, in online poker games.
His estimated net worth is said to be around four million dollars. Most of the people on the list have made their millions on blackjack, and websites like LVBet have great offers with regards to blackjack especially with evergoing closure on casinos.
It later turned into their livelihood. Phil Ivey, however, also became famous with the edge-sorting casino scandal.
He then got involved in a number of legal processes trying to defend his position but the UK court eventually ruled in favour of the casino claiming that his actions were considered as cheating.
The godfather of horse racing software Alan Woods was born in Murwillumbah, New South Wales, Australia, in In his early gambling career, he used math to count cards at blackjack tables until moving to Hong Kong in the s.
There, he teamed up with Bill Benter forming a syndicate that became the most successful in the history of the horse racing industry.
The pair developed a software that took into account factors like the formulaic consideration of track, form, weather and more.
After the partners separated in , Woods moved on to Manila to a continuing success, teaming up with Zeljko Ranogajec. A page that might be interesting for you is the one dedicated to online casinos in Hong Kong and gambling in the special administrative area in general.
Patrik Antonius is a Finnish poker player, currently residing in Monte Carlo. Originally planning to become a professional tennis player, Antonius had to give up his dream career due to a serious back injury.
However, he soon found poker to be a satisfactory substitution to tennis. Antonius found his way to a local casino when he was only 18 and after a long path of losses and he eventually got better became a winner.
The rest, as they say, is history. However, in various interviews, Patrik Antonius has stated that he feels a disadvantage when playing online as people may use different software to gain an edge.
Furthermore, Antonius also claims to be self-taught and that he has never read a poker book or watched a video tutorial. He currently has no WSOP bracelets, but this is due to the fact that he has focused mostly on participating in poker cash games around the world.
Our team has done a fair bit of research in search of answers to the frequently asked questions regarding the richest gamblers worldwide.
Without further ado, we present to you the nine questions which seem to arouse the most interest in.