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Author Topic: The Biggest Wins with lowest risks in Casino History  (Read 6187 times)
GigaBit (OP)
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July 24, 2022, 12:54:29 PM
Merited by Haunebu (1), Fivestar4everMVP (1), qwertyup23 (1)
 #1

Everyone knows that gambling is a combination of luck and skill, but how much control can you have over luck? Gamblers are spending thousands of dollars or more, what did we get in return? But there are many people in this world who spend very little but get a lot.

Name           Spend        Winning Reward           Casino Name                               Year           
 

Archie Karas   $50         $40 million                  Las Vegas casinos                    1995         

anonymous      $3         $38.7 million          Excalibur hotel-casino,Las Vegas       2003

anonymous     $17         $22 million             Napoleon Sports & Casino               2021

Jon Heywood   30 cents      $18 million                  Mega Moolah jackpot            2015   

https://www.europeanbusinessreview.com/the-biggest-wins-in-casino-history/


So I think people who don't have enough money should gamble with small amounts of money which would be comparatively less risky.

Do you have any memorable events where your expenses were very low but you got relatively high returns in casino gambling or any kind of Sports betting?

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July 24, 2022, 01:52:56 PM
 #2

Do you have any memorable events where your expenses were very low but you got relatively high returns in casino gambling or any kind of Sports betting?
Of course, everyone involved in gambling must have had memorable events for them (1) or (2) times, I remember memorable events of 2020, I bet on one of the casinos, slot bets with purchase capital (Buy free spins), relatively cheap only $ 30, only once bought I won $ 600, but only once, after that never again, then only win small.

But if you compare to placing small bets on sports betting and big profits for example: football, maybe I can say the percentage is almost the average I experience, capital $2 win $142, but like the case you mentioned above, I've never experienced it.

Hopefully what happened in Las Vegas, I can experience the next day on online gambling sites, of course I have to dream of my luck in the jackpot.

R


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July 24, 2022, 02:21:56 PM
 #3

Do you have any memorable events where your expenses were very low but you got relatively high returns in casino gambling or any kind of Sports betting?
Gambling with small amount of money is the major issues ,The major thing that is faced with a lot of gamblers is the spirit of greediness.
Greediness is one difficult thing I found with gambling even with the one that got the luck and the skill. If one should examine this successful gambler you might be surprised they got one thing in common to say which is "not being greedy" . Eliminating that spirit of greediness when it comes to gambling is one very thing that has helped me in becoming a bit successful in this industry,  when I identified that I was playing with greed even after series winings, that's even when I do shits and will end up giving back the money to the platform and until when I changed my attitude towards gaming that Is when I started wining games.

 
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July 24, 2022, 02:29:46 PM
 #4

~

I had some interesting wins around $2k - $2.5k but unfortunately I have never had such spectacular wins.
It's hard to believe that you can win millions if you risk a few dozen cents or a few dollars. But I think this statistic is not about the total amount someone risked, but about the one-time bet that brought him that win. In fact, theoretically, these people could have played for years and lost in the past a much larger amount than they won  Wink Grin
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July 24, 2022, 02:31:50 PM
 #5

Everyone knows that gambling is a combination of luck and skill, but how much control can you have over luck? Gamblers are spending thousands of dollars or more, what did we get in return? But there are many people in this world who spend very little but get a lot.

Name           Spend        Winning Reward           Casino Name                               Year           
 

Archie Karas   $50         $40 million                  Las Vegas casinos                    1995         

anonymous      $3         $38.7 million          Excalibur hotel-casino,Las Vegas       2003

anonymous     $17         $22 million             Napoleon Sports & Casino               2021

Jon Heywood   30 cents      $18 million                  Mega Moolah jackpot            2015   

https://www.europeanbusinessreview.com/the-biggest-wins-in-casino-history/


So I think people who don't have enough money should gamble with small amounts of money which would be comparatively less risky.

Do you have any memorable events where your expenses were very low but you got relatively high returns in casino gambling or any kind of Sports betting?


Well sir, but you forget to say that chance to win that reward is extremely low, that are jackpot and not common win. So, if you're goin to play that amount you'll bet the entire reward while you're gonna win it  Grin

As always, play only for fun, and not for win, with this rules you'll maximize your experience at casino !

 
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July 24, 2022, 03:44:09 PM
 #6

This kind of compilation may encourage anyone to believe that does not matter one's current economical position to gamble into a new life of luxury and comfort. From the article:

Quote
The Casino Always Wins

Always remember the golden rule that the higher you climb, the harder you fall. Although casinos will always have the upper hand, you shouldn’t let that stop you from dreaming big.

It would have been fair if they included the aproximated chances of each of those cases they talk about (they do not). It is okey to feel happy for those that got a life changing strike of luck at their local casino, but let us not forget that those fancy resorts do not build themselves by handing over money to any gambler that enters with positive expectatives.

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July 24, 2022, 03:53:57 PM
 #7

We have no control over luck because luck will only come to the right people and deserve it. No matter how hard we try to get lucky, if it's not the time, we won't be able to get it. But if luck has come upon us and if we only use a few dollars to bet, we can win a lot of money.

I haven't had a memorable event like what I said before because I realized that luck wouldn't come if it wasn't the right time. So I don't try to bet more than I can afford because I don't want to see big losses.

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July 24, 2022, 04:02:26 PM
 #8

...
Jon Heywood   30 cents      $18 million                  Mega Moolah jackpot            2015   
...

The multiplier on that bet is just nuts, we are talking about something like x54,000,000... And this is the biggest multiplier i had ever see on gambling.

I know the jackpots can be huge, but this is just nuts.

Quote
Despite such a big win, he went to work the next day like nothing happened.

Would you keep a normal life after winning 18 millions? I'm not sure.

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July 24, 2022, 04:40:21 PM
 #9


So I think people who don't have enough money should gamble with small amounts of money which would be comparatively less risky.

Do you have any memorable events where your expenses were very low but you got relatively high returns in casino gambling or any kind of Sports betting?
Many people get relatively high returns on their wagers, but high return varies from person to person. High to you might be betting 1$ and hitting 1 million, but high to someone else might be betting 1$ and hitting 3000$.


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July 24, 2022, 04:45:07 PM
 #10

This kind of compilation may encourage anyone to believe that does not matter one's current economical position to gamble into a new life of luxury and comfort. From the article:

Quote
The Casino Always Wins

Always remember the golden rule that the higher you climb, the harder you fall. Although casinos will always have the upper hand, you shouldn’t let that stop you from dreaming big.

It would have been fair if they included the aproximated chances of each of those cases they talk about (they do not). It is okey to feel happy for those that got a life changing strike of luck at their local casino, but let us not forget that those fancy resorts do not build themselves by handing over money to any gambler that enters with positive expectatives.
That is a father that amount understand I didn't want to know the difference between local casino gambling game and the foreign casino gambling because someone said local  casino I get confused because I don't really know what makes a casino to be local and the one that makes it to be international or foreign. These two things get me confused when I come across of casino gambling game.
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July 24, 2022, 05:03:36 PM
 #11

All of the winners you've included on this list has won huge jackpot mainly thru luck only. They might have been playing on a high or low risk casino game however instead of winning the regular reward, they've won the jackpot and the chances of achieving this kind of winning is too low. So, if you look it into it, the risk of achieving the jackpot is too high however these players are just too lucky.

Also, upon checking on the article included by OP, It looks like there are other huge winners who've won the jackpot but they've done it using strategies and huge funds to gamble with.

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July 24, 2022, 05:11:54 PM
 #12

I would say it is not lowest risk, but low bet amount with a high risk bet.
Risk is for me related to the winning chance, when someone win a huge amount from small bets means that he play a high risk game where the winning chance is so small but may give really huge return when the luck come.
So I think you should edit your title to "biggest win with low bet", low bet here does not mean low risk because basically the risk is so huge due to low winning chance.
Lottery game for example, you may million dollar with few cents or bucks but your chance is so low = high risk and you may spend a lot of money before you hit the jackpot.

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July 24, 2022, 05:12:43 PM
 #13

All of the winners you've included on this list has won huge jackpot mainly thru luck only.
That was the first thing that came to mind as soon as I read the article as well, it's all a matter of luck and they never could have planned to hit jackpot with such little amount but it just happened for them. This case happens in like 1 in 100 so I guess they were really in luck the day they hit jackpot. I know for a fact that they did not just start visiting the casino to play games, these set of individuals must have been regular visitors and not first timers and they must have lost a couple of amounts as well to this casino. My sincere hope is that these amounts they won was able to change their life and that didn't squander it away on unnecessary things.

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July 24, 2022, 05:15:57 PM
 #14


So I think people who don't have enough money should gamble with small amounts of money which would be comparatively less risky.

Wrong, its completely a wrong advice. Take a look at your post itself you just gave 4 examples but have you ever wondered what is the probability of happening this in someone's life? I won't say not even once in a million times so instead of spending $1 for million times to lose 1 million dollars with no assurance of getting any returns I would choose something better way if I am really interested in making money.

Gambling is mainly for fun so you can take it as job and think you can get your main and only source of income from doing it.

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July 24, 2022, 05:26:25 PM
 #15

Have played about $1 and was lucky to win $100 x100 often hit when I played gambling, but looking at the winning records of people at your thread I don't think I've ever felt that victory. If that happened to me maybe I would stop gambling and enjoy the results because millions of $ in my country is enough to eat as long as I live. Bet with a very low risk and win X millions, all gamblers expect but it is very difficult to achieve.

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July 24, 2022, 05:30:40 PM
 #16

All of the winners you've included on this list has won huge jackpot mainly thru luck only.
That was the first thing that came to mind as soon as I read the article as well, it's all a matter of luck and they never could have planned to hit jackpot with such little amount but it just happened for them. This case happens in like 1 in 100 so I guess they were really in luck the day they hit jackpot. I know for a fact that they did not just start visiting the casino to play games, these set of individuals must have been regular visitors and not first timers and they must have lost a couple of amounts as well to this casino. My sincere hope is that these amounts they won was able to change their life and that didn't squander it away on unnecessary things.
I highly doubt that the chances of these kind of events happening is just 1 in 100 but rather much lower, more like 1 in a million chance.

Also, it is included on the article where the winnings goes to. The 40 million jackpot winner, unfortunately lost most of winnings and has some jail time for things he had done. The 38.7 million jackpot winner haven't been able to receive the whole lump sum but it given on a 25 year basis. Lastly, the 18 million jackpot winner have paid off his father's medical bill before his personal expenses. Looks like all of them have different experience on how they were able to use the funds they've won.

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fiulpro
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July 24, 2022, 06:16:55 PM
 #17

30 cents?
Imagine going to a casino and spending that much only to know the fact that you won millions, what I usually do is I will collect pennies, call them Lucky pennies and roam around and use a machine in a casino to see if I do hit something but I don't overdo it only the pennies that are lying around and that is it, at the end of the day I do believe that someday it might or might not happen but may as well try with those pennies for real, and my friend's father have one wish before he dies, he wants to win a lottery which is funny since he has been going on for ages, like 50 years and all be won was 1£ and the lottery was forth 10£. Hope he wins tho.
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July 24, 2022, 06:59:40 PM
 #18

Great thread op. These are the kinds of threads that actually inspire many gamblers like me. Turning small amounts into ridiculously huge amounts is what every gambler aspires for, but such events happen very, very rarely.

Have heard of Archie Karas before, but not the others. Personally, I turned a freebet into something around 100 bucks which felt great since I literally risked nothing. Free money basically.

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Eureka_07
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July 24, 2022, 07:13:24 PM
 #19

<snip>
Do you have any memorable events where your expenses were very low but you got relatively high returns in casino gambling or any kind of Sports betting?
My biggest probably was turning $80 into a ~$1400 after a day or two of playing it. Badly, just like the some person mentioned to that article, I also lose it after some of the coming days. Learning is to take some profit.
I also have some good wins from starting with $50, one time starting with this amount I was able to make it to be at $800, cashed some out and lost the other. But it's fun. Somehow tiring, but I like to play so it's fine.
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July 24, 2022, 07:41:40 PM
 #20

Yes, I have unforgettable events, but they are not of this magnitude referred to in the topic. I think I've been lucky on many occasions but I haven't made a huge amount of money knowing that most of the tickets I won were on very low bets.

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