Gambling News Archives - Gambling King https://bettingbin.com/category/gambling-news/ Gambling King Thu, 16 Jul 2020 01:53:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://bettingbin.com/wp-content/uploads/2020/07/cropped-logo1-1-32x32.png Gambling News Archives - Gambling King https://bettingbin.com/category/gambling-news/ 32 32 Biggest Roulette Winners of All Time https://bettingbin.com/biggest-roulette-winners-of-all-time/?utm_source=rss&utm_medium=rss&utm_campaign=biggest-roulette-winners-of-all-time https://bettingbin.com/biggest-roulette-winners-of-all-time/#respond Sat, 04 May 2019 11:24:16 +0000 https://export.mercury.space-themes.com/demo1/2019/05/04/writer-wins-95600-in-poker-after-learning-how-to-play-the-game-2/ WELCOME BONUS 100% UP TO +100 FREE SPINSRoulette may not have the jackpot potential of slot machines or Caribbean stud. However, it has still made plenty of people rich.

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Roulette may not have the jackpot potential of slot machines or Caribbean stud. However, it has still made plenty of people rich. In fact, some gamblers have won seven figures through this game. A few of these same players even mastered wheel bias en route to winning guaranteed profits. Below, I’m going to discuss seven of the biggest roulette winners in history. Each of these players crushed casinos and became legends in the process.

Joseph Jagger

Joseph Hobson Jagger (2 September 1830 – 25 April 1892) was an English textile industry businessman from Yorkshire, who in around 1881 is said to have “broken the bank at Monte Carlo” by identifying and exploiting biases in the wheels of the roulette tables there. He used his winnings to buy property in Bradford. In 2018 he was the subject of a biography by his great-great niece Anne Fletcher. Jagger used his insider knowledge to win £65,000 pounds over several days. He finally departed for England after the casino switched the wheels around overnight.

Billy Walters

William T. Walters (born July 15, 1946) is an American entrepreneur, philanthropist, and retired professional gambler widely regarded as among the most successful sports bettors in Las Vegas, having a winning streak which extended for over 30 years. In 1987, Walters stopped all gambling other than sports betting and returned to his roots in business. As of 2016, his holding company owned interests in eight car dealerships with one under construction, one golf course on the Las Vegas Strip, a rental-car franchise, and a number of commercial properties.[3] In 2020, his net worth was estimated at more than $100 million.[4]

Pedro Grendene Bartelle

Pedro Grendene Bartelle is the Vice-President of Grendene SA, which is the world’s largest sandal manufacturer. The Brazilian spends most of his free time running the Sao-Paulo-based company. When he’s not in the office, Bartelle likes to gamble. He frequently hits South American casinos and bets big on the roulette wheel. Bartelle had a particularly strong outing at Uruguay’s Hotel Conrad. He was betting up to $100,000 per round while using the “full and complete” strategy. The latter method involves betting on every variation of a certain number. In Bartelle’s case, he put multiple wagers down involving his lucky number 32. At one point, he won a single-number wager on 32 and booked a $3.5 million payout. This amount could possibly be the largest single roulette payout in history. He won $1,225,000 on a single spin during this trip. His two biggest wins alone add up to over $4.7 million in winnings.

Charles Wells

Almost twenty years after Joseph Jagger took Casino de Monte-Carlo for an enormous sum, Charles Wells sought to emulate his feat. However, Wells wasn’t quite as reputable in earning his roulette winnings. Once there, he began an incredible roulette winning streak. Wells won 1 million francs ($5 million today) by the end of his trip. He decided that this wasn’t enough, though, and returned to Monte Carlo. His win streak continued as he collected yet another 1 million francs in profit.

Gonzalo Garcia-Pelayo

Gonzalo Garcia-Pelayo Segovia ( Madrid , 25 of maypole of 1947 ) is an entrepreneur Spanish has been music producer , presenter , director , broadcaster and in the nineties also gained fame for big profit in casinos around the world with the game of roulette , after designing a legal method to win at the roulette tables of casinos, taking advantage of imperfections in the manufacture of the tables. Gonzalo García-Pelayo organizes members of his family, mainly his son Iván and Vanessa, and they dedicate themselves to playing at the Casino Gran Madrid . After organizing a team of people who took data from the roulette tables in the casino, they began to play at the end of 1991, being the summer of 1992 when they managed to win some 70 million pesetas in said casino. After being discovered, the Madrid casino prohibits them from entering. It is at this time that they start to travel to different casinos around the world: Las Vegas , Australia , Austria , Denmark , Holland. In total, the García-Pelayo family earned more than 250 million pesetas, a very high figure for the time.

Ashley Revel

Ashley Revell (born 1971 in Maidstone, Kent) is an English gambler. In 2004 he sold all his possessions, including his clothes, and gambled US$135,300 on a single spin of a roulette wheel in the Plaza Hotel & Casino, Las Vegas. Revell even changed his name by deed poll to “Ashley Blue Square Revell” after the UK online bookmaker contributed to his gambling fund.[citation needed] He raised additional cash through car boot sales and auctions. The ball ended up on 7 red and Revell doubled his money to $270,600. Revell used his winnings to set up an online poker company called Poker UTD, which later went out of business in 2012 due to controversy over US frozen accounts.

Paul Newey

Paul Newey (born 6 September 1968) is an English businessman and semi-professional poker player from Dorset, England who co-founded Ocean Finance and later New Wave Ventures. Newey is an avid gambler. On 4 January 2005 Newey nearly broke the bank at Birmingham’s Genting Casino Star City where he won £3 million and forced owner Stanley Leisure to issue a profit warning. The casino value declined by 12% as a result of Newey’s win. Newey lost his winnings later that month. In 2014, Newey won four times at the $5,000-a-spin machines in Aria Casino located in Las Vegas for a total of $1.75 million. Newey began playing high stakes poker tournaments in 2012 after entering the $1,000,000 Big One for One Drop event at the World Series of Poker. Newey was eliminated without cashing on Day 2 by eventual champion Antonio Esfandiari. In 2014, Newey again entered the $1,000,000 One Drop event; this time, he finished 7th, earning $1,418,667. Newey has had success in the poker world. As of 2018, Newey has cashed for over $4,800,000. Newey plays online under the alias “topdoll827”.

Conclusion

Multimillion-dollar roulette wins don’t happen on an everyday basis. However, the gamblers covered above show that such profits are possible. Jagger, Garcia-Pelayo, and Walters actually used skill to beat the house and win fortunes. They mastered an advantage gambling technique called wheel bias to win big. Ashley Revell bet his entire life’s savings on the roulette wheel. He got lucky when his wager came through and he won $135,000. Wells and Newey also won big with roulette, but they failed to hang onto their winnings. They prove that it pays to know when to walk away.

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Are You Trying to Be a Winning Gambler? https://bettingbin.com/are-you-trying-to-be-a-winning-gambler/?utm_source=rss&utm_medium=rss&utm_campaign=are-you-trying-to-be-a-winning-gambler https://bettingbin.com/are-you-trying-to-be-a-winning-gambler/#respond Sat, 04 May 2019 11:11:38 +0000 https://export.mercury.space-themes.com/demo1/2019/05/04/weekend-premiere-for-vietnams-landmark-corona-resort-and-casino-2/ Every gambler I talk to claims they want to win. Of course, every time I buy a lottery ticket I want to win, but we both know that I’m not likely to win the lottery.

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Every gambler I talk to claims they want to win. Of course, every time I buy a lottery ticket I want to win, but we both know that I’m not likely to win the lottery. What does one thing have to do with the other? You can’t do anything to improve your chances of winning the lottery.

And most gamblers never do anything to increase their gambling results. But there are things you can do to improve your chances to win when you gamble. When a gambler tells me they want to win, I often ask them what they’re doing to give themselves a better chance to win.

Most of them look at me funny, mumble something, and start playing slots again. But a few of them ask me what I mean. After all, they’re playing so they have a chance to win.

What else can they do? Every gambler who sits down at the slot machines or who plays a casino table game without thinking about strategy and the house edge isn’t dumb. Some of them simply want to relax and have some fun without thinking about anything important. But most smart gamblers want to improve their results.

People who say they want to be a winning gambler but don’t make a commitment and back it up with action are going to be at the mercy of the casinos and repeat their results over and over again. They’re never going to learn which games they should play and the proper strategies to use when they gamble.

How Much Time Are You Investing?

Nothing good is accomplished without some sort of investment. You either need to invest time or money, or both, if you want to accomplish anything good. When you decide you want to be a winning gambler, you can invest time and/or money. You can buy books and videos that teach you about gambling and strategy and you can go to seminars and schools designed to improve your gambling skills. All of these can be beneficial and help you improve your gambling skills and results. I’ve invested a great deal of money in gambling books over the years, and it’s a great way to learn. Nut you can learn just about everything you need to know about improving your gambling skills without investing much money.

Conclusion

If you truly want to be a winning gambler all you have to do is follow the steps on this page. Ask yourself the questions, answer them honestly, and start taking action. Once you make a decision, all you need to do is back it up with a smart plan and take action.

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5 Interesting Facts About the History of Casinos https://bettingbin.com/5-interesting-facts-about-the-history-of-casinos/?utm_source=rss&utm_medium=rss&utm_campaign=5-interesting-facts-about-the-history-of-casinos https://bettingbin.com/5-interesting-facts-about-the-history-of-casinos/#respond Sat, 04 May 2019 11:10:35 +0000 https://export.mercury.space-themes.com/demo1/2019/05/04/pamela-stevens-unveils-casino-in-downtown-las-vegas-2/ A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertainment, such as stand-up comedy, concerts, and sports.

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A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertainment, such as stand-up comedy, concerts, and sports.

The history of casinos didn’t begin in the Nevada desert under the glow of the neon Las Vegas lights. The first venues that resemble our modern-day casinos opened in Europe hundreds of years ago.

Dice games played within people’s homes and amongst encamped soldiers during ancient times are generally considered to be some of the first evidence of gambling culture. But even before casinos were established in Europe, there were gambling establishments in China that date back as far as the 1st millennium A.D.

The first card games, a type of dominoes game, and wooden tiles used in lotteries appeared in China during the 9th and 10th centuries. Here are some of the more interesting facts within the historical timeline of gaming casinos:

Slot machines started in 1887.

There are at least two different accounts of the original invention of slot machines. One is that the first device was the Liberty Bell machine, invented by an American named Charles Fey in 1887.

It was relatively simple, featuring just three reels and five symbols: a Liberty Bell (hence the name) along with a horseshoe, a heart, a diamond, and a spade. The early machines served a purpose and certainly attracted the attention of plenty of people who enjoyed playing them. They were, however, somewhat basic. Over time they became more and moresophisticated with a number of improvements made.

The Chinese Were First to Make a Living by Gambling in Casinos

During the Tang Dynasty (617-908 A.D.), several gambling organizations were created in which players could gamble at designated venues that provided heavy security and high stakes gaming action. Then around 1000 A.D., during the Song Dynasty, more gambling groups were formed as more various gambling games were invented.

At the time many of these Chinese casinos were run by the Chinese criminal underground, the Triads. These officials, probably because of gambling debts, became puppets of Triad leaders which lead to corruption within the Chinese government.

Casinos originated in Italy.

There are many big casinos all over the world, and some of the most popular ones can be found in Las Vegas, Macao, and London. But did you know that the term casino and the first-ever casino or gambling house originated in Italy? The casino was derived from the root word “casa,” which means house. That term developed to cover lots of establishments like summerhouses and social clubs. Organized gambling can also be dated back to 1638 in Venice. Even though there are many countries today that are very enthusiastic when it comes to casinos, the credit on where it started is hugely credited to early Italians. Also, know that casino games were played way before this, and they were actually very popular. Due to the popularity of casino games, Italians decided to start an establishment for them.

The oldest casino game is Baccarat.

Baccarat is one of the world’s oldest casino games and it can trace its roots all way back to the 1400s in France. The name “baccarat” is actually Italian and quite literally means, zero- a reference to the fact that in the game, tens, jacks, queens, and kings, have a value of such. It also is a reference to the fact that a hand such as seven and three has a value of zero- or in other words, baccarat. Whilst the game is 700 years old, it took around 500 years for it to gain the popularity that it enjoys today. Nowadays in 2017, it is one of the premier casino games in not just Europe, but the world.

The game of roulette originated in Paris.

The first form of roulette was devised in 18th century France. Many historians believe Blaise Pascal introduced a primitive form of roulette in the 17th century in his search for a perpetual motion machine. The roulette mechanism is a hybrid of a gaming wheel invented in 1720 and the Italian game Biribi. The game has been played in its present form since as early as 1796 in Paris. An early description of the roulette game in its current form is found in a French novel La Roulette, ou le Jour by Jaques Lablee, which describes a roulette wheel in the Palais Royal in Paris in 1796. The description included the house pockets, “There are exactly two slots reserved for the bank, whence it derives its sole mathematical advantage.” It then goes on to describe the layout with, “…two betting spaces containing the bank’s two numbers, zero and double zero”. The book was published in 1801. An even earlier reference to a game of this name was published in regulations for New France (Québec) in 1758, which banned the games of “dice, hoca, faro, and roulette”. The roulette wheels used in the casinos of Paris in the late 1790s had red for the single zero and black for the double zero. To avoid confusion, the color green was selected for the zeros in roulette wheels starting in the 1800s.

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Stand Behind Roulette System https://bettingbin.com/stand-behind-roulette-system/?utm_source=rss&utm_medium=rss&utm_campaign=stand-behind-roulette-system https://bettingbin.com/stand-behind-roulette-system/#respond Sat, 04 May 2019 11:09:32 +0000 https://export.mercury.space-themes.com/demo1/2019/05/04/american-gaming-industry-sees-annual-stock-values-decline-2/ The stand behind roulette system is a simple way to improve your chances of winning a bet before you run out of money or hit the betting limit of the table. It’s called the stand behind system because you stand behind the other players at the roulette table and watch the action until it’s time to start betting.

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The stand behind roulette system is a simple way to improve your chances of winning a bet before you run out of money or hit the betting limit of the table. It’s called the stand behind system because you stand behind the other players at the roulette table and watch the action until it’s time to start betting.

How the Stand Behind Roulette System Works

The stand behind roulette system is a simple system that anyone can learn how to use in just a few minutes. It uses the Martingale system and adds another layer to improve your short term chance of success. The Martingale system is the most well-known gambling system in history. You start with a small wager and double your bet every time you lose. When you win a bet, you take your winnings and then make another small bet.

What’s the History of Roulette System

The Martingale system is the most popular and commonly used roulette strategy. The concept behind it is pretty simple – you increase your bet after every loss, so when you eventually win, you get your lost money back and start betting with the initial amount again. It seems quite logical, and it’s fairly easy to understand and implement. No need to be a math wizard or a strategic mastermind in order to use this system.

Using the Martingale System

The most effective way of using the Martingale is to only bet on even-money outside bets – 1-18, 19-36, Red, Black, Even, and Odd. They have the maximum odds of winning (almost 50%), but the lowest payout of all – 1:1. This means you win the same amount of money you bet for the spin. Overall, those are the safest bets you could possibly place in a game of roulette.

For even-money bets, the bet progression that you will use goes like this:
1 – 2 – 4 – 8 – 16 – 32 – 64 – 128 – 256 – 512 – 1024 – 2048 – 4096 – 8192

Other Ways to Use the System

You can use the stand behind betting system with any games and wagers that pay even money, or close to it. The best games are the ones where the odds are as close to 50/50 as possible. Here’s a list of other games where you might use the stand behind betting system.

  • Baccarat
  • Blackjack
  • Craps

When you play baccarat, the player bet pays 1 to 1 and the banker bet pays 1 to 1 minus a 5% commission. The banker bet has slightly better odds, but it gets complicated to determine the size of your bets after losing to make sure you cover your previous losses because of the commission.

Conclusion

I’ve used the stand behind roulette system many times. It’s a fun way to gamble, but I always do it with extra money that I can afford to lose. I’ve never lost seven spins in a row after watching for three spins to line up, but I know if I play long enough I will. The simple fact is that you can’t use any system to beat roulette. Even a system that works almost all of the time like this one has a fatal flaw. They’re great while they work, but when they don’t work they cost you so much money that you end up losing in the long run anyway.

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Why Play High Stakes Casino Games? https://bettingbin.com/why-play-high-stakes-casino-games/?utm_source=rss&utm_medium=rss&utm_campaign=why-play-high-stakes-casino-games https://bettingbin.com/why-play-high-stakes-casino-games/#respond Sat, 04 May 2019 11:08:04 +0000 https://export.mercury.space-themes.com/demo1/?p=44 There are many things that you need to consider if you want to make the most out of your high stake gambling experience, such as wagering limits for different game categories, but also payment limits and fees, processing time, mobile availability and others.

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There are many things that you need to consider if you want to make the most out of your high stake gambling experience, such as wagering limits for different game categories, but also payment limits and fees, processing time, mobile availability and others. But don’t worry, this article contains all the information you need. We tried to give you all the means to choose the best place to play at so keep on reading!

What Exactly Are High Stakes Casino Games?

We can start off by defining the word stakes and how it is used in casino lingo. Simply put, the stake is the amount of money you want to bet on a casino game. Low stakes casino games are games that require a small amount of money and high stakes games are games that require a lot of money.

The Benefit of High Stakes Games

When it comes to finding games of chance where you can bet as much you like, there are certain casinos that will fit you like a glove. However, not all of them do great with all types of players. Some are good for playing high stake slots, while others have really big maximum limits for table games such as roulette, blackjack and casino poker. But the important thing is that all casino games have certain variations and tables where you can place some pretty big bets.

Conclusion

High rolling is the stuff of Hollywood movies and TV shows. Many gamblers envision themselves gambling in exclusive rooms and enjoying the best perks casinos have to offer. That said, it’s no surprise that some wealthy people get into high stakes play. But you also need to consider the risks associated with placing bigger bets. The house still has an edge even after all the comps they give you. They’re also experts at offering the right rewards to get you back into the casino. Of course, none of this is to say that you can’t play for high stakes and still remain responsible. You just need to be more careful when doing so.

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