Casino can play a role in changing fortune?

[GigaBit]

Smith, founder of FedEx, started his business with 84 million us dollar.

If he started this business with 84 million US dollars then he was a very rich guy, I don't believe he didn't have other businesses because if he didn't have other businesses then how did he get 84 million US dollars?

He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week.

In this part there is something I need to understand, did he have 5000$ to play for fun or was it the last 5000$ he had? I can't believe the guy was so broke that he only got 5000$, he played managed to get 27000$ by luck and from what I can see he didn't play again, or did he?

How true is the story?

I honestly don't believe this story either.

As far i know that Smith founded the FedEX courier service in 1971 with 4 million inherited assets and 80 million collected from loan.The company is fall down verge of bankruptcy in just two years. All the expenses incurred in the work of the company, last he had $5000. Fate favored him. In 1976, the company made 3 million dollar.

[1715131113]

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[avikz]

People who had studied business, are usually aware of this story of FedEx. However, if Smith had lost that week, the story would have been a lot different. Casino can change the fortune of fortunate people. I am not sure if you believe in destiny or not, but I am a strong believer of destiny.

If you are destined to live a wonderfully wealthy life, you will do that eventually. Your efforts will bear fruits. But if you are destined otherwise, you will live a very different life. Since no one knows their destiny, we all have to keep on trying.

[Gozie51]

If you are destined to live a wonderfully wealthy life, you will do that eventually. Your efforts will bear fruits. But if you are destined otherwise, you will live a very different life. Since no one knows their destiny, we all have to keep on trying.

Surely so that we can't take away the aspect of destiny in our lives and the role that luck also plays. Destiny, luck and effort are really better match. Example if he was not destined to come back and succeed, the money reinvested would have also gone with the wind. There are numerous of people that have failed after reinvesting casino winning into their business and yet didn't come out of it. It is a nice story however and his decision worked for him too.

[danherbias07]

Wow. I didn't know that story but now I do.
If I am in his place I may not do that though. If my business will fall or not is relying on my luck from betting then I may not be a good businessman at all.
It's a good story but it should stop there.
Gambling for me should be entertainment and not be a savior of a debt, a company's life, bills payment, (yes, I have heard stories they do that) mortgage, or anything that has to do with daily or monthly necessities. What if it's a loss? That's when people get crazy thoughts.

[fzkto]

This story is undoubtedly an amazing road to success, but one can imagine thousands of completely opposite events. For example, when a man is on the verge of bankruptcy and carries money into a casino, hoping for a miracle, but ends up with nothing. Or an addicted gambler who bets his monthly salary on red or black, and his family is left without food and in debt until his next paycheck.

[darkangel11]

Great story. What you can take out of it is that he knew when to stop. Many people win money like Smith, but not many can stand up from the table and walk away with the money. Some will walk away just to come back the next day and lose it all. Some will celebrate, buy an expensive watch, a new suit, pick up some girls and party. The most important thing is to be smart and know what you came for to the casino. Be happy with what you got and never regret anything.

[Fortify]

Many of us who play casinos, suffer more or less. Many are blaming it again that it is a money-losing machine. In this regard I would like to share a success history by playing casino game. It is only for knowing the truth especially those are don't know the fact.

Many of us may know the name of an international courier service known as FedEx. This courier service company headquarter is in Tennessee, USA. FedEx currently distributes about 1.2 billion parcels a year in 220 countries with an annual revenue of about 3 billion. Smith, founder of FedEx, started his business with 84 million us dollar. At that time he started operations in 35 countries with 8 planes. But at one stage, the price of plane fuel increased and that contemporary time courier service did not become very popular. His company is on the verge of bankruptcy. Smith come back to Las Vegas feeling sad. At that time Las Vegas was known as the capital of casinos. He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week. Smith come back to FedEx headquarter and invest his money on his company even though his money was not enough to run the company but with his hard work and enthusiasm he arranged to send all the parcels. in this way he established his company.

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

You don't really give enough information on this to make it a wow story. If he went into a casino with poker or card counting skills before it was heavily tracked, then it is very possible that he used many years of practice to accumulate those funds with a starting bankroll - that would bring the element of risk involved right down. You could truly say he "earned" it in that scenario. However if he went wild on three games of roulette and managed to double his money by fluke, then he is probably the one out of a thousand, hundred thousand or maybe even a million who beat the casino at their own game. These casinos are masters at what they do and earn big money year after year, it's not impossible but it's extremely rare for people to walk out of them on a regular basis with more money than they started.

[qwertyup23]

<...snip...>

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

I think this is one of those instances where a gambler gets lucky in his casino run.

The fact that the person came into the gambling establishment with $5,000 and left with $27,000 is proof that he was indeed lucky that day. The fact that you were able at to at least double your money in gambling is lucky enough, let alone earning a x5 profit on your end. Though this story may be inspiring, this can be awfully deceiving in a way that it somehow encourages gambling whenever you hit rock-bottom.

[dunfida]

Many of us who play casinos, suffer more or less. Many are blaming it again that it is a money-losing machine. In this regard I would like to share a success history by playing casino game. It is only for knowing the truth especially those are don't know the fact.

Many of us may know the name of an international courier service known as FedEx. This courier service company headquarter is in Tennessee, USA. FedEx currently distributes about 1.2 billion parcels a year in 220 countries with an annual revenue of about 3 billion. Smith, founder of FedEx, started his business with 84 million us dollar. At that time he started operations in 35 countries with 8 planes. But at one stage, the price of plane fuel increased and that contemporary time courier service did not become very popular. His company is on the verge of bankruptcy. Smith come back to Las Vegas feeling sad. At that time Las Vegas was known as the capital of casinos. He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week. Smith come back to FedEx headquarter and invest his money on his company even though his money was not enough to run the company but with his hard work and enthusiasm he arranged to send all the parcels. in this way he established his company.

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

That was indeed luck which did really help him on at least making some recovery and pursuing his dream or goal on establishing the company once again even on a small amount of money.

This is a good success story i would say which playing in casino is somewhat relevant particularly on his life or condition but we know that this wont be applicable to everybody as we do know that

luck isnt on our side all the time which does means that it will really be totally in random and the person of the story above did really not have that intent on making that 5k turns out to 27k in a week
but turns out that he was lucky and opens up again an opportunity in going back into the business.

[Davidvictorson]

Lol. This story sounds like a folklore. This is because OP didn't put a source. Well, let's assume that Smith actually turned his $5,000 to $27,000 within a week at a Las Vegas casino. That's like a one in a million occurrence and it's a good thing that he wasn't a gambling addict and was able to invest it in his business. Well I would conclude that he was responsible for changing his own fortune and not the casino. Because he may have just decided to blow the $27,000 on wine, women and cars but he didn't.

[goinmerry]

If you are lucky, then you are lucky. In that story, that person didn't really become addicted to the process but take advantage of his luck.

Instead of pushing more, the money that came from the profit was used wisely.

We all have that luck moment in gambling but in most cases, we are being carried away instead of stopping. There's already a profit but since most people feel lucky, they will push more thinking they will grab more money. But what happened next? We already know that.

There's really a situation where gambling turned people's futures for good. It's just that, we should know when to stop once we reached that moment.

[PX-Z]

Well, it doesnt change the fact that he got lucky on that day he go to casino. So luck really will cost a fortune in an instant way  while he did is all about hardwork and determination after why the company still exist and get profit.

This is the same for sweepstake lottery winner, become 1 day millionaire then become poor if money is managed poorly after or become more rich if did the opposite and work for it.

[Hydrogen]

I think there definitely is a small sliver of the population who consistently profit from gambling.

Rather than being a suave character smoking a cigar from a movie. They're more likely to be math geeks with spreadsheets and big number crunching algorithms who endlessly pore over game statistics. In a setting and routine most would find tedious and boring.

Over the last 50 years, the quant movement of geeks using math and statistic based logic, have come to dominate asset trading and gambling sectors. Mathematically quantifiable logic has come to surpass gut feelings and intuitive emotional reasoning in ways that can be applied to real world settings to generate consistent results.

Such could represent the most neglected aspect of gambling and investment trading. That there is a side to it which can be learned and taught through practice and training.

[TimeTeller]

If you are lucky, then you are lucky. In that story, that person didn't really become addicted to the process but take advantage of his luck.

Instead of pushing more, the money that came from the profit was used wisely.

We all have that luck moment in gambling but in most cases, we are being carried away instead of stopping. There's already a profit but since most people feel lucky, they will push more thinking they will grab more money. But what happened next? We already know that.

There's really a situation where gambling turned people's futures for good. It's just that, we should know when to stop once we reached that moment.

It is certain that some people are lucky in gambling.
But if they don't know when to stop, that fortune will be taken easily away from them.
If you know how to strategize to use the winnings wisely, you can get out from gambling alive.
Alive, meaning, you are on the positive side rather than a losing one.

[Lanatsa]

I think there definitely is a small sliver of the population who consistently profit from gambling.

Playing poker and sports-betting

These are the games which i do really believe that someone could able to sustain their game and ending up profitable or do even make a living from it.Sounds impossible but it do really happens
and not for everybody considering that gambling is for entertainment.

Based up on what happened on the person stated on OP, then it was just luck and it had been connected and gambling did make some significant contribution on why
he had attained or achieved ways on making some capital  for a business.Its situational plus having that luck it is all about.

[ralle14]

This reminds me of the story about a guy that went to the casino and gambled everything he had.

Anyway, the interesting part for me is the $27,000 that he won from the casino was more than enough to keep the company going. It's not the best time to go to a casino and gamble when your company is struggling financially but he's super lucky that it worked, if it went the other way around it'd be devastating.

[BobK71]

I think there are very few lucky people who get this kind of benefit. Especially through casino games. I heard a long time ago that someone got the jackpot. So I didn't know the story anyway. In the real sense, when someone has this kind of success, it gives them a different kind of satisfaction that comes which is difficult to express in words. I myself have never won a lottery or a jackpot but I am happy to see the other one. Over all Smith is a lucky man who has established himself as well as his business by Diligence and the help of Casino.

[alegotardo]

[...]

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

Yes, success stories really exist, I don't think anyone ever questioned that.
But something that was not clear in his account is: Was Smith a professional player and did he rely on his skills to win or did he just rely on luck?
But regardless of this answer, statistics and facts prove that it is much easier to lose money than to win, and this should be clear in everyone's mind when betting, and know that they must set a limit.
Smith walked into the casino with $5000 knowing that this was his limit, and I believe this amount would not be missed by anyone who owns FedEx.

[Darker45]

This is a great story. But this is one unique story in a million of other gambling stories. Sure, there are success gambling stories. Certainly, a number of gamblers had their lives changed for the better because of gambling. But, lest we forget, these are more exceptions rather than the rule. You go into gambling, you will more likely lose than win. That is the rule. You spend money on gambling, you are burning it rather than gain from it. That's the rule.

[adzino]

Many of us who play casinos, suffer more or less. Many are blaming it again that it is a money-losing machine. In this regard I would like to share a success history by playing casino game. It is only for knowing the truth especially those are don't know the fact.

Many of us may know the name of an international courier service known as FedEx. This courier service company headquarter is in Tennessee, USA. FedEx currently distributes about 1.2 billion parcels a year in 220 countries with an annual revenue of about 3 billion. Smith, founder of FedEx, started his business with 84 million us dollar. At that time he started operations in 35 countries with 8 planes. But at one stage, the price of plane fuel increased and that contemporary time courier service did not become very popular. His company is on the verge of bankruptcy. Smith come back to Las Vegas feeling sad. At that time Las Vegas was known as the capital of casinos. He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week. Smith come back to FedEx headquarter and invest his money on his company even though his money was not enough to run the company but with his hard work and enthusiasm he arranged to send all the parcels. in this way he established his company.
This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

Not sure if you narrated the whole story accurately or not. I mean he had "84 million US dollar" and started his business with that. He went almost bankrupt, but saved his company by investing those $27,000 USD he won from gambling? How can only $27,000 save someone from bankruptcy? Are you sure it wasn't something like $2.7 million USD?
Anyway, he was just lucky. Not everyone gets lucky. Most of them are "unlucky" and loses almost everything they gamble with!