![]() It has been estimated that Nick the Greek won and lost over $500 million on gambling during his lifetime. What makes Nick Dandalos stand out as one of the most famous gamblers in history is that he repeatedly went from rags to riches, winning and losing money gambling. This game is widely acknowledged as the inspiration for the World Series of Poker. This became a major tourist attraction, as many flocked to see the pair compete. The pair played every known poker variant in games set up by Horseshoe Casino owner, Benny Binion. Still, Dandalos went on to improve his casino gaming skills and went on to make a name for himself playing poker.įrom January to May 1949, Dandalos went head-to-head against legendary poker player Johnny Moss. He soon moved from Chicago to Montreal, where he started to make a name for himself gambling on horse races.Īfter he won more than $500,000 gambling on the horses, Nick returned to Chicago, where he lost all his winnings playing dice and card games. Born to a wealthy family, Nick moved to the United States when he was 18, where he lived off an allowance from his parents. Nick Dandolos – Inspiration Behind the World Series of PokerĪnother Greek to make it onto our list of most famous gamblers in history is Nick “The Greek” Dandalos. Over the following year, he went on to lose his $40 million playing high stakes poker, craps, and baccarat. Still, all good things must come to an end, and Archie Karas’s legendary winning run ended in 1995. Within two years, Karas won a massive $40 million, making him one of the most famous gamblers on the Las Vegas casino circuit. His winning streak continued playing both poker and craps at Binion’s Horseshoe Casino. He swiftly won enough at the poker tables to repay his debt. He boosted his $50 bankroll with a $10,000 loan from an old poker friend. The American-Greek gambler headed to Las Vegas, where he had the greatest winning run in the history of casino gambling. Karas built a bankroll of more than $2 million playing high stakes poker, but then lost all but $50. He boosted his money by playing pool, before moving on to LA’s poker rooms. He made his way to the USA, where he undertook jobs in bars to pay his way. Karas was born on the Greek island of Cephalonia in 1950 and ran away from home at the age of 15. ![]() The high stakes gambler went on to lose it all the following year. By the beginning of 1995, he won more than $40 million. Karas arrived in Las Vegas in December 1992 with just $50. He is famous for the longest and largest documented casino gambling winning streak in history, known as The Run. Anargyros Nicholas Karabourniotis/ Archie KarasĪrchie Karas is considered by many as one of the best gamblers in history.
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