The Biggest Wins with lowest risks in Casino History

[goldkingcoiner]

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?

I am a bit curious at how many people won similiar amounts but decided to keep quiet about it? If I made $40 mill out of $50 dollars, I definitely would not go around parading my name on every billboard in town. But thats just me...

That being said, making 40 million out of a few dollars is amazing in itself. How lucky do you have to be? Also what game did she win at? It probably was not slots :S

I am more than surprised that a casino in Las Vegas would be the right place to win so much money. Don't they basically throw everyone who wins too much out immediately on some trumped up charges?

[seleme]

These stakes are high too for average gambler, I prefer doing small bets and keep riding on profit while heater is on. Running low balances looks easy for newbies since gambling is all based on lucky session. My best shot on slots was 7000x on $4 bet size, AFAIK. The more you play the more we lose due to house edge, so better to stick on low house edge games and protect our bankroll instead of chasing big hits which happens really rarely.

<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.

$80 to $1400 is lucky shot, almost over 20x of deposit amount but it doesn't happen every day. Losing is also part of game, so we have to feed casinos first then they can think about paying big one day or maybe they will not. Anyways, starting with low balance and grinding deposit on low bets can be fun and we can make some profit too in case of lucky game session.

[tabas]

There really are gamblers that are lucky. They've found their luck with those bets and made themselves millionaires, it really happens but not with all of us.
It's envying that we see people have made that for their lives because I've been doing that with small bets and it never happened to me. That's why it only occurs rarely and with those people that have been lucky at that particular moment.

[crzy]

We can all bet with less amount but still there’s a risk for that since we cannot always win in gambling and those who are on the list of OP are very lucky, and once in a lifetime opportunity. Many expect this to happen as well to them but again, this is their luck and probably your luck will be different to them. Just gamble your free money, have fun and don’t expect too much this should be how gambling works.

[RILWAN]

Seeing this list of winners over the years and history has proven that gambling is hugely dependent on luck. Because there is no mathematics to this betting with a very small amount and winning huge return.

[Slow death]

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

what has happened Is the following:

many people (myself included) play with small amounts, but because they have been playing small amounts for a long time, it becomes a lot of money over time and even when a person wins some big prize, they withdraw all the expense. what he had, he is left with little and as that person will continue playing, then he will lose everything again!

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?

the only big win i can remember was from 25$ to 450$, other than that I never tried to make a multi bet with many legs

[AmoreJaz]

Seeing this list of winners over the years and history has proven that gambling is hugely dependent on luck. Because there is no mathematics to this betting with a very small amount and winning huge return.

absolutely! those winnings were because of luck. and people should understand that even if you bet small, it is no assurance that you will also go home as winners. because it is not for everybody.
and if in case you are betting small for the most part of your life, you will come to the point that if you sum up all your bets throughout the years, is already a hefty amount of money. and you have no assurance that you will get it back with your winnings, because you can never be sure when will you get your winnings, that is if you will ever get it. so bet with your extra funds, no expectations whatsoever.

[romero121]

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.

What big wins by the gamblers. These people are extremely lucky, if not such wins weren't possible. Everyone can't be lucky as this. For gamblers who doesn't have enough money spending small amounts is the start of addiction, because very few understand everyone can't be lucky to win big. So, people gamble without setting the limits and this at times ruin the living.

[bitterguy28]

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?

This post could not encouraged people to gamble at all even with small amount , Imagine the ratio of your post?
there are only 5 winners in a 20 years time? meaning this event only happens once in a million or billion chances?
how many gamblers who gamble in same time that could even win closer to these?
and also how sure you are that those gamblers only spent that amounts?
they might be a loser in some days and just got back to gamble with that small amount because they have lost even their whole asset in gambling the other day?

[Wexnident]

Should we include lotteries here or is that a separate category? Cause I think some lotteries might just feat those results (might!). Wouldn't really think that it could happen to just anyone though tbf, I mean if you were to look at the gaps between those events they're quite a few years apart, not to mention the number of players would probably have increased compared to back then.

I am a bit curious at how many people won similiar amounts but decided to keep quiet about it? If I made $40 mill out of $50 dollars, I definitely would not go around parading my name on every billboard in town. But thats just me...

I don't think anyone would publicize that they won millions of dollars in public ngl, that is unless their salaries or incomes are already of that level or somewhere close, basically high-level business man and people like that. Families and friends can be quite scary when you suddenly become rich overnight.

[lienfaye]

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?

Yes it happened few years back and its from the lottery. IIRC the ticket only cost me $1 - $2 then I hit a decent win unexpectedly as it was not planned for me to gamble that day. It just happened that im with my sister and we're at the mall. I buy a ticket while waiting for her to return from buying her clothes.

Anyway its hard to win in gambling and these people that op mentioned are just lucky to win using small amount.

[aew]

Do you have any confirmation that people didn't lose more than what they won ?
Its possible some of them might be a gambling addict who spend all day in a casino.
Your post make it look like some guy got 17$ and won millions
What if that guy had over thaosends of spins each spin with 17$ each
Then one of them got lucky ?
It sounds ridiculous? Believe me there is people who spend all the time and money on casinos.

[yahoo62278]

Do you have any confirmation that people didn't lose more than what they won ?
Its possible some of them might be a gambling addict who spend all day in a casino.
Your post make it look like some guy got 17$ and won millions
What if that guy had over thaosends of spins each spin with 17$ each
Then one of them got lucky ?
It sounds ridiculous? Believe me there is people who spend all the time and money on casinos.

This is true, noone is likely taking into account the amount of money a user spent before getting their big win. I have sat in a casino spent over 1000$ to finally hit 1500$ giving me a 500$ profit but had to pay taxes on the 1500$ win making me only be a small winner.

[yhiaali3]

This depends entirely on luck, some people are lucky and win many times big prizes and others are not as they spend a lot of money and win little, personally I see gambling as a loss, especially for people who are not satisfied and insist on continuing even if they lose all their money.

[peter0425]

Do you have any confirmation that people didn't lose more than what they won ?
Its possible some of them might be a gambling addict who spend all day in a casino.
Your post make it look like some guy got 17$ and won millions
What if that guy had over thaosends of spins each spin with 17$ each
Then one of them got lucky ?
It sounds ridiculous? Believe me there is people who spend all the time and money on casinos.

good point there , i can use myself as an example ..

Have played using a thousand bucks to gamble but never make a good win just in couple of hours playing , then I lose everything so i need to deposit again?

but suddenly i have no funds available that time so i need to check all my wallets if there are something remains and I find couple of bucks directly in one of my gambling site and started to use playing , and luckily ? it brings me a thousand bucks as winning so what it  means that i only get even because losing in first site and make it high in next site.

[Don Pedro Dinero]

This is why the lottery is so appealing: the chance to win exorbitant amounts of money for very little money.

But there are many people in this world who spend very little but get a lot.

The way you put it is false. The cases you mention in your article are exceptional, and it is more normal to bet a lot and be ruined than the cases you mention.

There are a couple of things that caught my attention in the article:

Archie Karas – $40 million

Mr. Karas, a Greek-American, is famous for a winning streak known by many as The Run. He won a total of $40 million from Las Vegas casinos, and it only took him three years (1992-1995). Archie is a legend on The Strip, who managed to turn $50 into $40 million before losing most of it in the space of three weeks. 

LMAO he lost it all afterwards?

American Software Engineer – $38.7 million
A man who wishes to remain anonymous hit the $38.7 million jackpot in March of 2003.
<...>
Standard practice dictates that the winner gets his money over the course of 25 years.   

I didn't know this and it is very interesting. I suppose it's a way for the winners not to lose everything soon after, as in the previous case.

[xSkylarx]

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?

This is something I can't really forget in my crypto journey. I was new to bitcoin and crypto gambling that time and I managed to earn some few amounts from faucets. I was thinking how I could grow it to even more so I can buy something I want. I came across to this sportsbook where you can use bitcoin to predict the outcome of some games. I got familiarized by how it works on some NBA games I put a bet on like lower odds means higher chance of winning because the team is stronger. I bet on a volleyball game and choose the team with lower odds even if I don't have complete knowledge of the team playing. Luckily, I managed to make 0.02btc that time with my 0.001 capital going all-in for each bet per game. I got very greedy that when I bet the 0.02btc on a game, the opposing team with higher odd won the game. It was evening that day that I wasn't able to sleep because of that experience.

[CryptoHeadlineNews]

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?

These are rare occasion that happens once in a blue moon, because for every 10,000 people, the probability of one or two person winning such amount with small capital is 1 is to 100,000  (1:100,000), it takes the greatest luck for an individual to finally win this which at times don't come from sport bookers

[Strongkored]

-snip-

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?

Even though you only use a small amount, it doesn't mean the risk is smaller because if you experience a losing streak, the losing funds will still be large.
Don't really have great experience in gambling, have won multiple bets from freebet and it's fun because you can make money.
And all the stories in the article are really rare luck not many people can experience it, even though they have had big wins but what has been spent may be greater than that.

[Betwrong]

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

Gambling with small amounts is what I think the best thing a gambler can do. You should not count on winning something big, because whatever your skills are, really big wins depend on luck even in sports betting, even in poker, let alone in cases like in the article from your post where in most cases it was 100% luck.