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Archive for January, 2018

There’s a saying in life that the rich get richer. While that’s not always the case, especially if you’re a lucky punter who falls on the right side of the odds, it’s certainly true that those with deep pockets have the ability to win big. What’s more, with time to spare and VIP access to the best casinos in the world, celebrities have plenty of opportunities to ante-up and dance with lady luck.

In this piece, we’re going to take a look at five famous faces that have not only tangoed with the widow of fortune, but led her across the dancefloor. To put it another way, we’re going to show you five times celebrities took down the house and banked a fortune.

Floyd Mayweather

When he’s not skipping around the ring and throwing the occasional punch, the man who calls himself Money Mayweather is partial to a punt. Being a resident of Las Vegas, it’s not hard to find some action, especially when you’ve got a bankroll the size of Mayweather’s. According to reports, the retired boxer decided to take a shot at some slots action. In typically bombastic fashion, Mayweather was quick to show the world a handful of betting slips he’d printed from a selection of machines. When the grand total was in, Mr Money had added another £100,500/£77,000 to his bank account.

Philip Green

Ever won so much that the casino was in danger of reporting lower than anticipated profits for the year? In all likelihood, the answer is now. Indeed, it would take a special series of events for you to start playing casino games online and bank so much that the operator started to get worried. Sure, it’s possible. If you look at the sheer number of options at a platform such as Sun Bets Casino, there are plenty of ways to win on a ton, especially on progressive jackpot slots such as Gladiator.

However, even with a mega win worth £600,000, the house will probably survive. The same can’t be said for Les Ambassadeurs in Mayfair. Although the exclusive casino is far from financial ruin, it did suffer a scare in 2005 when Philip Green anted up. The billionaire businessman is reportedly worth £3.5 billion, but even he had cause to smile when he won’t close to £2 million during a single session at Les Ambassadeurs.

Phil Ivey

To the world at large, he might not be a huge celebrity, but Phil Ivey is a legend in the gambling world. Known as one of the best pokers to ever do it, Ivey has won millions both live and online during his career. However, perhaps the thing he’ll be most known for in the mainstream media is his baccarat technique. Without delving too far into the complexities of his legal battles with two major casinos, let’s just say that Ivey found a way to smash the house.

After learning of a printing error on a certain brand of playing cards, Ivey was able to use a technique known as edge sorting to gain an edge on the dealer. While there are arguments on both sides as to whether Ivey was in the right, the fact remains that he was able to win more than £15 million Punto Banco (a baccarat variant) at Crockfords, London, and the Borgata, Atlantic City. Even though he eventually had his winnings denied by the courts, Ivey will still go down as someone that left two major casinos with blackeyes.

Mike Ashely

Billionaire businessman Mike Ashley might be better known as the founder of Sports Direct or the owner of Newcastle United, but to casino bosses he’s known as a whale. No, that’s not a slight on his weight. In the casino world, whales are big money players with plenty to spend. Ashley is one such player, but in 2008 he managed to turn the tables on the house. Swimming into Mayfair’s exclusive Fifty London, Ashley put a series of chips worth £480,000 on the roulette board. With a myriad of outcomes covered, Ashley was in a strong position and when the wheel eventually stopped spinning, the whale banked an impressive £1.3 million.

Dana White

Anyone who knows Dana White will know three things. Firstly, he loves mixed martial arts (he’s the head honcho at the UFC). Secondly, he loves American Football. Thirdly, he’s big into blackjack. Known to wager thousands in a single session, White has actually developed something of a reputation in his hometown of Las Vegas. Naturally, with a reputation for betting and winning big, White often struggles to find any action when he’s not dealing with his roster of UFC fighters.

In 2014, a £1 million blackjack win at the Palms Casino Resort caught the attention of pit bosses and led reduction in White’s maximum bet. According to reports, the casino decided to slash his bet per hand by 80%. While that would have been frustrating for White, other stories suggest he’s been asked to leave the blackjack tables in other casinos because he’s won too much. So, in that respect, a reduction in his max bet probably wasn’t such a bad thing after all.

As you can see, being a famous face doesn’t mean you’re spurned by the betting gods. In fact, just as you have the ability to win some serious cash, the celebrities of this world also have their fair of good fortune every once in a while.

A surprisingly high number of gamblers have no clue about concepts like risk versus reward and the basics of probability.  Many simply start betting on sports teams or play casino games without in-depth understanding; depending solely on chance even in situations where knowledge and skill would be valuable assets.  It is important to bring forth all your prior knowledge and apply it appropriately before making decisions.  So, here are a couple of tips to point you in the right direction.

Making a distinction

The most important principle when engaging in any form gambling is to differentiate between games of chance and those that require skill. Games that depend on chance include slots, baccarat, keno roulette and others.  Sports’ betting also falls into this category since there’s a slim chance of correctly predicting the outcome of games for every wager.Casino games that require a certain level of skill include card games like poker and blackjack.  When playing these games, you will have to use your prior knowledge and abilities to make the right plays at the right time. You may also need to implement a pre-planned strategy to improve your odds.

Educate yourself

Whether you are a seasoned vet or a newbie, you will have to take time out to read and understand the intricacies of sports’ betting or any preferred casino game. There are plenty of resources online that can widen your scope by offering new strategies and ideas. Try as much as possible to get new information relating to odds, money management, player psychology, bluffing techniques, slow playing, reading tells among other subjects.  For sports betting you will have to do plenty of research on the performance of sports teams, individual players and other related stats.  In Online Casinos, having information at your finger tips will enable you to make informed decisions when placing betsin live poker and blackjack,Casinopedia.org explains strategies and other important definitions. The probability of making successful bets is greater when you understand the tactics of the players.

Player psychology

When playing cards there is more to the game than just a good hand. A large part of the gaming process involves the study of your opponents’ behavior.  In many cases you can win a game by leveraging on psychological advantage.  Even when playing online, it is possible to pick up some tells that will give you an insight into your opponent’s style of play.  Once you master this and use it to your advantage, you could have an upper hand.  Being observant can help you spot another player’s weaknesses, which you can then capitalize on as part of your strategy.

Know when to fold

An important principle that gamblers need to exercise, especially when it comes to card games, is to know when to toss in the towel.  Experienced players know that you cannot rush profits, so when the odds are stacked against you, there’s no shame in folding. In gambling there always a next try and your lucky streak will come.

The bottomline

You cannot become a successful bettor or card player overnight. It takes plenty of practice, knowledge and the right mindset to enjoy positive returns in the long run. Make sure you pick up tips from various sources and use them to create your own winning strategy.

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