Biggest Gambling Losses of All Time

Biggest Gambling Losses of All Time

Gambling Losses

Nobody likes losing, but it is something we have all experienced in our lives. Whether it is a casino online Malaysia sports game, a competition or a challenge, losing can make you feel dreadful.

But when a high roller loses, those closest to him, and pretty much everybody else, sits back and says to themselves “How can they lose so much money, and seem so nonchalant about the whole ordeal?”

Therefore, we have brought you the most significant in trusted online casino Malaysia gambling losses of all time in this mmc996 list.

  1. Steve Richards lost £30,000 on one game of rugby – Steve Richards, a 56-year-old-roofing contractor, had a passion for betting. Despite his love for betting, Steve won only small bets. On the day, Steve bet £10, and with the odds against him, he successfully guessed the results of 12 rugby matches. As a result, Steve took home £38,970. However, Steve was not delighted with his winnings. Less than a week later, Steve bet £30,000 on one rugby match. Unfortunately for Steve, he lost £30,000.
  2. Mark Johnston lost $500,000 at a Las Vegas casino in one weekend– Nevada law bars casinos from allowing players who are too intoxicated to gamble. Mark Johnston, a 52-year-old businessman, was in Vegas during a weekend and he lost $500,000 on table games. Johnston argued that he was blackout drunk and he should not have to pay the fee. According to him, the casino continued to serve him alcohol even though he was unable to see his cards. His legal team is looking into eyewitness accounts and security camera footage to try and find evidence of his noticeable intoxication.
  3. Bruno Venturi lost all his earnings because of a software bug Bruno Venturi, a 41-year-old from Naples, Italy lost £650,000 in a matter of seconds. It started with Bruno turning £17 into £650,000 in three and a half hours on the website Eurobet UK. However, the gambling company refused to pay Bruno his winnings. The site believes that Bruno’s claim is void because of a software bug that only charged him for one in six of his bets. The judge ruled in favour of Eurobet. Moreover, Eurobet fixed the software bug, and Bruno Venturi actually lost £59,908 during those three and a half hour gambling binge.
  4. Terrance Watanabe lost around $127 Million in a year– Terrance Watanabe is a businessman that inherited a small fortune from his father and is now the CEO of a company his father started in the 1930s, the Oriental Trading Company. Terrance entered the limelight after he revealed that he lost about $127 Million in 2007 in Las Vegas. Casino employees revealed that Terrance often gambled for 24 hours, and lost around $5 Million in a single day.

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