There are plenty of gambling fans in the world who are trying to become rich overnight. They play for jackpots to secure big wins. It is commonly thought that this is how gamblers become rich.
However, that’s not always the case. The richest gamblers in the world have worked for a long while to improve their gameplay to a point where they can make enough cash to sustain themselves, and then some.
Gambling is not just about getting those big wins but rather a collection of smaller ones that add up over time.
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There you can find the most suitable place for you to start gambling, enjoy fun games, and not worry about security. Who knows? Maybe in the future, your name could be found in such a list of famous gamblers, too.
Let’s take a look at who the most successful gamblers in the world are and how they have gotten to this point.
Bill Benter (Horse Racing and Blackjack)
Imagine being so good at a card game you get banned from Las Vegas casinos after seven years of dominating it. That’s what happened to Bill Benter, who used his background in physics and his understanding of mathematics to dominate blackjack.
His natural wit along with his deep scientific knowledge made him one of the top analysts in the gambling world. He never relied on pure luck but could implement his understanding of the numbers into the game.
Thus, it was not a problem for him to know when is the best time to play slot machines in a casino or guess some other things. However, this knowledge led him to be banned from visiting the gambling heaven.
After this, he moved to Hong Kong and met Alan Woods, with whom he focused on horse racing. Later, he created software for betting on this sport.
Today, he is the richest gambler in the world, with a net worth of $1 billion. He brings in a whopping $100 million annually.
Edward Thorp (Baccarat, Blackjack)
Edward Thorp is known for a number of things. Alongside Claude Shannon, he is known to invent the first wearable computer back in 1961. He came to be known as one of the most famous professional gamblers and even found his way into the Blackjack Hall of Fame.
All in all, Thorp can be considered a genius in many fields, gambling being one of them. He has a net worth of $800 million.
Billy Walters (Sports Betting)
Walters is valued at $200 million and is an inspiration for many who like to bet on sports.
He started betting with the little cash he made by delivering newspapers at the age of nine. As an adult, he created a sports betting company based in LA and made millions of dollars. However, he was found guilty of insider trading and went to prison.
Despite all of that, he remains one of the most popular names in this industry. It is estimated that he had made $15 million before being sent to jail.
Phil Ivey (Poker)
Renowned as a World Poker Tour champion as well as World Series of Poker champion eight times, Phil Ivey has plenty of feats to boast. He also found himself in the WSOP main event, within the top 25 players.
Being victorious in a number of tournaments around the globe, Phil is a player who cannot be rivaled by many. He is valued at $100 million, earning him a spot among the top gamblers of the world.
Chris Ferguson (Poker)
Another professional poker player, Chris Ferguson is worth $80 million. He started playing this game when he was just a kid and started entering and dominating various tournaments during the 1990s.
Chris is renowned for having five WSOP bracelets. He also owns 63 money finishes and plenty of other awards.
Doyle Brunson (Poker)
Doyle Brunson was born in Texas and is a gambling genius. He has won two WSOP championships and holds ten WSOP bracelets. Other than being involved in the world of casinos, Brunson is also an author of two books, Super/System and Super/System 2.
These are a guide to all things poker so if you want to learn some tips for excelling at this game, you might want to read his book.
Brunson is valued at $75 million, thanks to an illustrious career in the industry of gambling.
Howard Lederer (Poker)
Howard Lederer made his fortune playing poker at a pro-level. He has won a number of competitions. He is valued at $60 million and is referred to as one of the greatest in the industry.
Lederer is also the co-founder of an online gambling platform by the name of Full Tilt Poker. Other than this achievement, he has also made a number of appearances on Poker After Dark.
Duhamel became the first Canadian player to win the bracelet in 2010 when he beat John Racener for $8,944,310. He then went on to win the High Roller Event at a European tournament the year later and achieved plenty more after that.
Considered to be the most successful professional in the business, Duhamel is valued at $32 million and has raked in over $12 million since 2013.
Known as the ‘cold-blooded killer’ when sitting across from his opponents, Patrik has been victorious in a number of tournaments. He has made a lot of income with his skills at Hold ’em tables and has achieved a net value of $25 million in a few years.
His winning streak across different competitions has made him a very well-known and respected name in the industry.
Haralabos Voulgaris (NBA Sports Betting)
When it comes to making bets on the NBA, there isn’t a name more well-known than Haralabos Voulgaris. Even though his net value may be lower than the rest at around $2 million, he has made much more cash than he has lost. He can read coaches very easily and that is what has helped him find so much success.
He also tried his luck at poker in 2017 and did very well by finishing 4th in the World Series and taking home $3 million.
So, there they are. The top names in our Poker Hall of Fame for the year. Reading some of these people’s stories is the best reminder that it takes a whole life to become this good at anything.
Most, if not all, of these pros, began their careers when they were young. They put in a lot of work to get where they are now. And it’s not always about making cash either because they ended up losing a lot of it, too.
Whether you’re into horse race betting, card counting, or something like poker or blackjack, be ready to take it slow and only bet what you can afford. When you do that, your gameplay will improve and you’ll be able to beat the market leaders in any live tournament.