The Richest Gamblers

Anyone can become wealthy just via gambling, but it is essential to remember that the odds of winning are pretty low. As a result, it is critical to know that winning money and getting wealthy due to gambling is extremely unlikely to occur. Everyone has a distinct definition of what it means to be successful. Being a successful gambler can mean different things to different people. It may simply mean having fun while not losing too much money for others. Gambling may be considered an entertainment cost, and being successful at it may just entail having a good time. In the eyes of others, being a good gambler may entail being able to bet and come out on top. This article will introduce you to the wealthiest gamblers in the world.

1.) Haralabos Voulgaris (NBA Sports Betting) $2 million

Robert Haralabos Voulgaris, better known by his alias Bob, is widely regarded as one of the world’s most talented and prolific NBA sports bettors. Bob’s father was an avid gambler, which helps explain why Haralabos Voulgaris was so interested in sports betting when he was younger. The summer after they graduated from high school, the two embarked on a road trip to Las Vegas, where Haralabos spent most of his time in the sportsbook, watching NBA games and honing his betting abilities.

Some accounts claim that he gambled away all of his money on a single wager: the Shaq/Kobe Lakers to win the NBA Championship in 2000. He was earning insane money for numerous straight years because he could read coaches and predict their every action. As a result, he was willing to put up more than $1 million at risk on any day of NBA games. Being a skilled bettor, he decided to try his hand at poker in the 2017 World Series of poker’s big one and managed to place fourth, taking home $3 million in live wins throughout the tournament.

2.) Patrik Antonius ( Poker) $4 million

Born in Helsinki, Finland, Patrik Antonius had long dreamed of being a professional tennis player but was forced to give up after suffering a back injury. When he was 18, he began playing poker at a local casino out of curiosity, and it was then that he found his natural poker aptitude. Because he loved playing card games with his friends, Antonius began joining large poker tournaments at some time. They competed in the European Poker Tour and the World Poker Tour, among other competitions. As he proceeded to play online poker, Antonius decided to relocate to Las Vegas to devote his time and energy exclusively to the game.

By 2016, Antonius had amassed over $17 million in online poker winnings, including the most significant victory in the history of online poker in 2009, when he won a hand for more than $1,3 million. Patrik Antonius has earned moreover $4 million in his professional career so far, making him Finland’s highest earner thus far.

3.) Jonathan Duhamel (Poker) $32 million

Jonathan Duhamel is most known for his victory in the Main Event of the 2010 World Series of Poker, which he won after winning three WSOP bracelets in his career. Jonathan Duhamel has an estimated net worth of 32 million dollars.

What’s remarkable about Duhamel is that he won the 2010 Main Event championship by defeating John Racener heads-up, collecting $8,944,310. Consequently, he became the first Canadian player to win the Main Event bracelet in the tournament’s history. Duhamel is a massive fan of the Montreal Canadiens led to his decision to contribute $100,000 of his winnings to the Montreal Canadiens Children’s Foundation, which is the most outstanding single contribution ever made to the organization.

4.) Howard Lederer (Poker) $60 million

A former World Series of Poker bracelet winner, Howard Lederer, a professional poker player from the United States, won two World Poker Tour titles. Lederer had eight final table appearances at the World Series of Poker before his first and second winnings in the event. He co-founded, alongside Chris Ferguson and Ray Bitar, the business responsible for creating the Full Tilt Poker online gambling site. The government charged Lederer with fraud in 2011. Still, Lederer was able to settle with the government a year later, losing more than $2.5 million in assets but not admitting to any wrongdoing.

He began playing chess as a child and later dropped out of Columbia University to relocate to New York City to pursue a poker career. That’s when he started guiding his sister through the game. He has also made several appearances on “Poker After Dark” and provided video commentary for other tournaments. He has contributed to many books on poker strategy, offered analysis for poker programs, and served on the board of directors of the Poker Players Alliance for five years.

5.) Doyle Brunson (Poker) $75 million

Doyle Brunson is a seasoned pro who has been in the game for more than five decades. Aside from his professional poker career, he was a two-time World Series of Poker (WSOP) Main Event champion, was inducted into the Poker Hall of Fame, and is the author of many poker-related publications.

Although Brunson has won more than $6 million in cash prizes, his winnings have been far higher when he has competed in high-stakes poker tournaments. During his career, Brunson was the first player to win $1 million in a single poker tournament, and he also won 10 World Series of Poker bracelets. He declared his retirement from tournament poker in 2008, but he returned to the game over the summer of 2018 and finished sixth in the $10,000 2-7 Single Draw at the World Series of Poker, earning about $44 million.

6.) Chris Ferguson (Poker) $80 million

Chris Ferguson joined the ranks of the world’s best professional poker players after winning six World Series of Poker events, including the 2000 WSOP Main Event and the 2008 NBC National Heads-Up Poker Championship. Ferguson is considered one of the best poker players in the United States, if not the entire world. Ferguson, who was just ten years old, began playing online poker in a fun mode and in chat rooms, where he practiced his strategy and tactics.

Ferguson graduated from UCLA with a doctorate in computer technology and started the online poker site Full Tilt Poker. When Ferguson’s firm’s profit was reaching new heights, Full Tilt Poker’s Alderney license was revoked when it got discovered that the companies were diverting money from clients for their personal use, according to the company. Ferguson struck a deal with the Department of Justice, agreeing to repay a portion of the money. The lawsuit got eventually dropped in 2014. Ferguson’s current net worth is approximately $80 million at the time of writing.

7.) Phil Ivey (Poker) $100 million

Philadelphia resident Phil Ivey is sometimes referred to as “the Tiger Woods of poker” because of his success in the game. One of the most renowned gamblers of our day, he has an estimated net worth of more than $100 million. After winning 10 World Series of Poker bracelets, one World Poker Tour championship, and nine World Poker Tour final tables while still in his thirties, Phil Ivey became the youngest player in history to accomplish this feat.

Phil Ivey was widely regarded as the best player in poker history, having earned more than $15 million in live tournament profits and being at the pinnacle of the poker world with the finest poker face the game has ever seen. The divorce settlement he received from his ex-wife Luciaetta resulted in millions of dollars being awarded to Luciaetta in 2009. According to various reports, she received a handbag collection valued at more than $1.2 million, jewelry valued at over $1 million, $180,000 in monthly alimony payments, half of the proceeds from the sale of their house, and 40 percent of their company interests following their divorce.

8.) Terry Ramsden (Horse racing) $200 million

Ramsden is a well-known English investor and gambler who is renowned for his expertise in horse betting and the Japanese stock market. In 1984, he acquired Glen International, a modest Edinburgh-based firm with a small yearly turnover of £18,000. Within three years, he had boosted the company’s income to £3.5 billion per year, propelling him to the top of the United Kingdom’s wealth rankings. Apart from being the world’s most successful gambler and possessing costly vehicles, properties, and racehorses, Ramsden formerly held a 30 percent stake in Chelsea football club and the entirety of Walsall Football Club.

In 1991, he was arrested in the United States and sentenced to six months in prison while awaiting deportation to the United Kingdom. Ramsden’s debts accumulated to £100 million, and he filed for bankruptcy in 1992. A year later, he entered a guilty plea and was sentenced to two years probation with a two-year suspension of his sentence. After it got discovered that Ramsden had violated the Insolvency Act in 1997 and was concealing assets worth £300,000, he was sentenced to 21 months in jail, of which he spent ten months. In addition, he was ordered to pay £10,000 in prosecution costs. 

9.) Billy Walters ( Sports betting) $200 million

William Billy Walters, whose net worth is reported to be $200 million, earns around $15 million each year, including one instance in which he made $2 million in a single day. He is a high roller gambler, with bets as high as $3.55 million. It is noteworthy since he is a woman. Walters established the Computer Group in the 1980s, which was responsible for analyzing sporting events.

For over 40 years, Walters has only had one losing season during a 30-year winning streak. Because of his fame and the fact that he was one of the most renowned gamblers in history, Walters frequently enlisted the assistance of others (including well-known celebrities) to place bets on his behalf. In 2017, he was found guilty of insider trading after utilizing non-public information obtained from Thomas C. Davis, a Dean Foods board member, to make his most significant investment. Walters may have been sentenced to prison, but his case is presently being appealed.

10.) Zeljko Ranogajec ( Sports betting, keno, horse racing, BlackjackBlackjack) $600 million AU

In addition to being known across the world as “The Joker,” Zeljko Ranogajec is also a skilled mathematician who has studied tax regulations, finance, and banking. He is a well-known Australian businessman and professional gambler with an estimated yearly betting turnover above $1 billion. While Ranogajec loved playing various gambling games, he eventually mastered blackjack card counting and began making money while placing bets at casinos in Australia and other countries. He is regarded as one of the world’s wealthiest gamblers, having set a world record by winning $7.5 million on keno in 2005.

As reported by the Daily Mail, Ranogajec attended the University of Tasmania in the 1980s, where he studied Commerce and Law before teaming up with an intelligent mathematician named David Walsh to cash in at the casino. Although horse racing is Ranogajec’s primary emphasis, sports betting is also a source of fascination for him. Despite spending about $3 billion on gaming every year, this middle-aged guy wants to keep his private life a secret.

11.) Andrew Black ( bridge and horse racing) $670 million

An entrepreneur from the United Kingdom, Andrew Black is a passionate racehorse owner who also happens to be a professional bridge player. Betfair, the world’s first and largest betting exchange, was created by him and his partners.

Black was employed as a derivatives trader at one point in his career. Still, he was also becoming more successful as a gambler, finally earning enough money in wins to quit his job and devote his time exclusively to gambling for a while. Given that gaming did not offer him sufficient financial support, he chose to start a software company. When he was younger, he would occasionally play bridge with Wray. He would sometimes show him a prototype he had coded that had attracted Wray’s eye and had successfully gained Wray’s interest and investment.

Betfair was established by the two of them in 2000. In 2010, Betfair went public on the London Stock Exchange at a share price of £13 (valuing the company at £1.4 billion), making Black’s 15 percent stake in the company worth about £200 million.

12.) Edward Thorp ( Baccarat and Blackjack) $800 million

Thorp has above-average intelligence as a mathematics professor who holds a master’s degree in physics and a Ph.D. in mathematics. Edward Thorp, sometimes known as “the father of card counting,” was the inventor of the original technique and the first person to employ it in a real-world setting.

In addition, he wrote “Beat the Dealer: A Winning Strategy for the Game of Twenty-One,” which details his card counting techniques and his innovative point system, which has been utilized successfully by card players all over the world to beat the dealer. The first blackjack player to employ a computer simulation to create his strategy, he later devised card-counting procedures that significantly improved the odds of winning the game.

Thorp systematically researched Blackjack, delving deeply into every aspect of the game’s mechanics. When he began winning massive sums of money and stuffing his pockets with cash, he became a significant draw for casino owners and executives. Thorp eventually turned his attention to the stock market, where he amassed a substantial fortune in stocks and hedge funds.

13.) Tony Bloom ( Poker and Sports Betting) $1.7bn

Tony is a poker legend who also serves as the chairman of a football team. He is the proprietor of Starlizard, the largest gambling consulting syndicate in the United Kingdom, estimated to generate hundreds of millions of pounds in revenue each year.

Football odds are calculated by the company’s employees using advanced algorithms and their knowledge of the game, resulting in even more exact odds than those supplied by bookies. These odds are then sold to particular bettors, hoping that they would be able to beat the market and make long-term profits.

Bloom acquired ownership of the Brighton & Hove Albion football club in 2009, and he supervised the team’s elevation to the Premier League in 2017. He has contributed more than £200 million to Brighton, including a £93 million donation in 2011 to enable the team to relocate to a more modern stadium with a larger capacity.

Bloom began gambling as a youngster, using his pocket money to spin the wheels of fruit machines, which he maintained throughout his teenage years. He also used a fictitious identification card to place a few bets at the racetrack when he was 15. A former accountant and then a stock trader, he decided to pursue a career in professional sports betting to join the world’s elite group of wealthy gamblers.