Top 10 Celebrities Who Went Broke
Playing games of chance for money, otherwise known as gambling, can be a fun way to pass the time and test out how your luck is running that day.
Unfortunately for some people, it can be a little too much fun and those who lack self-control will find themselves in a downward spiral of increasing stakes and a decreased concern for anything outside celebrities who lost money gambling gambling.
Whether you are a minimum-wage worker or a multi-billionaire oil tycoon, there is a limit to the amount of money that you should be https://cetsolarstore.com/gambling/is-casino-gambling-legal-in-california.html on any given day.
No one has unlimited money, and the thrill of hitting a big score can sometimes drive people to gamble far beyond their click />I will now take a closer look with you at some of the most famous gambling addicts that have ever walked the face of the Earth.
click here though some of these stories may sound like these people led an exciting life on the edge, I do not recommend trying to pull these stunts at home.
Archie Karas It only makes sense that the first famous gambling addict I talk about today is the king of them all.
Born way back in 1950, Archie was a gambler from the very beginning of his life.
His first gamble was running away celebrities who lost money gambling home after his father threw a shovel at his head, and he proceeded to shoot marbles with other people on the street in order to feed himself.
Once his ship arrived in the USA, Archie decided to test his luck by staying there, and he ended up in Los Angeles with another boring waiter job.
In addition to this new job, he became such a monster at billiards that he began to play people for money.
It turns out that he was so skilled at the game of pool that no one would gamble with him anymore, as he was pulling in more money every week than his waiter job was paying.
After his pool hustle came to a halt in Los Angeles, Archie turned to playing poker for a living.
He valued money so little that he was a very tough opponent for most people, as he was constantly raising and re-raising, which really put people to the test.
This was almost his entire bankroll, which meant that one bad beat could erase all of his fortunes.
Somehow or another, Archie managed to dodge any cruel twist of fate for the following six months as he proceeded to stomp all of the best poker players in Vegas with his fearless approach.
Just like most gambling addicts, Archie did not walk away when he should have.
After three years of nonstop winning in a town that is extremely tough to win in at all, Archie proceeded to punt off his entire bankroll in a matter of celebrities who lost money gambling three weeks.
Archie then moved back to Greece to clear his mind and reconsider his questionable life choices up to this point, but the gambling addict that he had inside called him to Vegas again.
When he returned, he proceeded to dust off the rest of his fortune in craps, baccarat, and poker against Johnny Chan, who is a two-time WSOP champion.
This ended one of the sickest gambling runs to have ever occurred in the history of gambling itself, which begs the question of whether he was cheating or not.
Michael Jordan This man needs no introduction, since he is known worldwide as the best basketball player to ever live.
However, this confidence that he could be the best spilled over into gambling and the results were not what he had hoped.
There is not much information about Michael Jordan and his gambling addiction before he became an NBA star.
I assume that he picked up this habit later in life once he came across hundreds of millions of dollars.
He was a heavy sports bettor as well as a heavy blackjack player.
One of the biggest gambling controversies surrounding Michael Jordan was in 1993 when he was caught gambling in Atlantic City casinos the night before a big playoff game.
He should have been resting up and focusing on the task at hand, but gambling was more important to him.
The funny thing is that Atlantic City was a full 2-hour ride away from where his team was staying in New York.
This begs the question of whether he felt like he needed to hide something or if he simply needed to get away from the game to get a grip on himself and his addiction.
Leonard Celebrities who lost money gambling Leonard Tose is not as famous as the first two gambling addicts that I have mentioned thus far, but he certainly was just as big of a risk-taker.
Some might say that this was a gamble in and of itself, but Tose was accustomed to taking such heavy risks.
He was known for his celebrities who lost money gambling nature when gambling, and blackjack was his game of choice.
Throwing caution to the wind in this manner contributed to his eventual downfall, as he continued this rapid gambling pace even after he sold the Eagles.
Harry Kakavas Harry Kakavas was an Australian real estate salesman who celebrities who lost money gambling a giant fortune from his houses located on the Gold Coast.
It was a classic case of being lucky enough to be in the right place at the right time, but Harry insisted on testing his luck even further in casinos.
It turns out that Harry was clinically diagnosed as a pathological gambler who was unable to control himself or think rationally when in a gambling environment.
Once he got tired of losing millions to casinos in Australia, he would travel to Macau and Las Vegas to try his luck, but to no avail.
For the next seven years, he proceeded to stop selling real estate and focused his attention on suing the casinos for taking advantage of him.
As internet gambling laws in south the case with most of these high-stakes gamblers suing the casinos, Harry came away empty-handed.
After losing all of his court battles, he returned to selling real estate on the Gold Coast in 2013.
He is reportedly cured of his gambling addiction now and is back to living a normal life at this point, but very few people on the planet can claim that they have felt the exquisite pain of losing as much money as he did.
Call them degenerates, call them superstitious, call them whatever you want—these guys loved to gamble and had a tough time saying no.
Leonard Tose was a case of letting the lavish lifestyle get the best of him.
Everything was going great for the distinguished businessman until he let his gambling celebrities who lost money gambling ruin everything.
I am talking about the most extreme levels of highs and lows on a Baccarat table that one could ever imagine.
Like them or hate them.
Respect them or think they are completely unethical and irresponsible.
For many poker players, the obvious goal is to move up to high stakes poker games.
After all, bigger stakes… Las Vegas is synonymous with partying.
PEOPLE LOSE CONTROL AFTER LOSING IN CASINOS
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