We had the largest table games progressive jackpot ever at the property when an Austin resident won $750,000, a $243,000 slot machine jackpot and last night a $3 million-dollar winner,' Penz said. With more than 4,000 slot machines and 125 table games, the Seminole Hard Rock Casino Tampa is already one of the largest casinos in the world, but a new $700 million expansion will make the.

  1. Biggest Casino Winner In The World Championship
  2. Biggest Casino Winner In The World Series
  3. Biggest Casino Winner In The World History
  4. Biggest Casino Win In The World

Photo of Trinadad Torres courtesy of Westgate Las Vegas Resort & Casino.

Admit it. You have the same dream we do.

Everything conspires and you find yourself in the right place at the right time – seated in front of a Megabucks slot machine that’s primed and ready to hit. You push the button (of course, pulling a lever would be more dramatic, but this is 2015 and the one-armed bandit has gone the way of the horse and buggy). The logos on the reels all line up. And then the moment you’ve been waiting for finally arrives…you realize you’re a millionaire.

Correction: A multimillionaire.

IGT’s Megabucks has been paying out ginormous life-changing jackpots for almost 20 years. Its slogan is “Dream big. Win big.”

Thus, in 1989, an ordinary pensioner and the World War veteran named Elmer Sherwin, a US citizen, hit a huge jackpot in one of the casinos in Las Vegas. It was immensely big at that time — about five million dollars. To be exact, Elmer Sherwin won 4, 6 million dollars in 1989. The biggest casino in the world; The Largest casino is the 51,100 m 2 gambling area in the Venetian Macao, a casino-hotel resort owned by the Las Vegas Sands Corporation opened on 27 August 2007. On the premises can be found over 3,400 slot machines and 870 gaming tables. The second largest casino in the world is an older brother of Venetian. 28, 2000 - Las Vegas cocktail waitress Cynthia Jay-Brennan won a then-record Megabucks jackpot of $34.9 million at the now-defunct Desert Inn hotel-casino. Six weeks later, her car was hit by a drunk driver, killing her sister and leaving her paralyzed. ALWAYS START WITH A GOOD BREAKFAST $22,618,156.67.

A network of slot machines linked throughout Nevada, Megabucks boasts a top prize that builds from a base amount of $10 million. To play it costs $1 a spin, but to quality for that top amount you’ll have to shell out $3. That sounds pretty steep, we know. But trust us, if you hit Megabucks with only a buck or two invested, you’ll leave with a jackpot in the thousands instead of millions. And just imagine trying to live with that.

As you’d expect, Megabucks lays claim to having paid the largest slot jackpots in Vegas history. It last hit here in mid March at the Westgate Las Vegas Resort & Casino. The lucky winner was Trinadad Torres, a 78-year-old woman from Magna, Utah. She played $100 before netting the $10,744,292.71 jackpot. Her plans include traveling to the Philippines and buying a yellow Mustang.

While nothing to sneeze at, Torres’ windfall just misses placing her on our list below of the 10 biggest slot jackpots ever won in Sin City.

Photo of Excalibur courtesy of MGM Resorts International.

Jackpot amount: $39,710,826.36
When: March 21, 2003
Where:Excalibur

More than 12 years ago, a 25-year-old software engineer from Los Angeles, who wanted to remain anonymous (and who can blame him?), hit the city’s largest slot jackpot after playing $100 on a Megabucks machine. A C-note in return for nearly $40 million…now that’s what we’d call a damn good investment.

Photo of Cynthia Jay-Brennan at the Desert Inn courtesy of Ethan Miller / Las Vegas Sun.

Jackpot amount: $34,959,458.56
When: Jan. 26, 2000
Where: Desert Inn (imploded in phases in 2001 and 2004 to make room for Wynn Las Vegas)

Gobs bigger than any tip she’d received, cocktail waitress Cynthia Jay-Brennan, then 37 years old, hit the second largest Megabucks slot jackpot in Vegas (at that time it was the city’s highest Megabucks payout). But her story took a tragic turn when her car was rear-ended about six weeks later by a drunk driver. Her older sister Lela died in the accident, and Jay-Brennan was left paralyzed.

Photo of Palace Station courtesy of Station Casinos.

Jackpot amount: $27,580,879.60
When: Nov. 15, 1998
Where:Palace Station

Ignoring your budget isn’t always a bad thing. Just ask the then 67-year-old retired flight attendant from Vegas who racked up the city’s third largest Megabucks slot payout. She’d only intended to play $100 at Palace Station that day, but wound up putting $300 in…and we’re pretty she doesn’t regret overspending one bit.

Jackpot amount: $22,621,229.74
When:
May 27, 2002
Where:Bally’s

How does that old expression go? The early bird catches…the $22.6 million slot jackpot. Well, that’s how Johanna Heundl (then 74 years old) of Covina, California, might remember it. She was on her way to breakfast when she decided to stop and play a Megabucks machine. Having looked away for a moment, she couldn’t believe her eyes when she turned back and saw all the logos aligned in the payline.

Photo of Caesars Palace courtesy of Caesars Entertainment.

Jackpot amount: $21,346,952.22
When:
June 1, 1999
Where:Caesars Palace

An Illinois man, then 49 years old and described as a “self-employed business consultant,” put a $10 bill into a Megabucks machine at the Roman-themed property and hit this whopping multimillion-dollar slot jackpot on his first spin. Here’s what we want to know: Is he still consulting? Can we hire him to help us get into the business of being millionaires?

Jackpot amount: $21,147,947
When:
Sept. 15, 2005
Where:Cannery Casino Hotel

One man, two times a Megabucks winner. What are the odds? They’ve got to be astronomical. Certainly, anyone would be happy to score a single multimillion-dollar slot jackpot. But not everyone is Elmer Sherwin. A frequent Vegas visitor, Sherwin hit his first Megabucks jackpot of $4.6 million at The Mirage back in 1989. It was a sign of even better things to come. Sixteen years later, at the age of 92, that lucky son of a gun (kidding, we’re not jealous…really) did it again, adding another $21.1 million to his bank account.

Photo courtesy of the M Resort.

Jackpot amount: $17,329,817.80
When:
Dec. 14, 2012
Where:M Resort

Oh, the best things in life are free…especially when they lead to a $17.3 million jackpot. A Las Vegas woman stopped by the M Resort in Henderson to gamble with her “free play” credits and enjoy a meal with some dining vouchers. Before she knew it, she’d become a multimillionaire.

Photo of “Rampart Lucky Local” courtesy of the Rampart Casino.

Jackpot amount: $14,282,544.21
When:
Nov. 30, 2014
Where: Rampart Casino

Late last year a Las Vegas man put $20 in a Megabucks slot machine at the Summerlin-area Rampart Casino. Within five minutes he’d hit a jackpot worth $14.2 million. His plans were altruistic (unlike ours). The man, dubbed the “Rampart Lucky Local,” said he would make a donation to his church. The church, which had been holding services in a high school gym, can now have its own location built.

Photo of Aria courtesy of MGM Resorts International.

Jackpot amount: $12,769,933
When:
Jan. 21, 2011
Where:Aria

A woman visiting her niece in Vegas decided to drop $6 in a Megabucks slot machine before heading back to her room. Her reaction when the winning symbols lined up: “The machine broke.” Luckily, her niece was there to clarify things. We think we should book a room at Aria because about four months after that jackpot occurred, another Megabucks jackpot hit at the resort for $10,636,897. Talk about lightning striking twice!

Photo of New York-New York courtesy of MGM Resorts International.

Casino

Jackpot amount: $12,510,549.90
When:
April 14, 1997
Where:New York-New York

New York-New York opened its doors on Jan. 3, 1997. Perhaps due to a little of the “city that never sleeps” magic, Vegas resident Suzanne Henley made her fortune at the Big Apple-themed megaresort just a few months later. On her way home from work, she stopped in to play a Megabucks machine – one that she’d had an inkling might hit. Henley waited in line an hour before she could play. And at 1:44 a.m., after putting $100 in, her diligence paid off…to the tune of more than $12.5 million.

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Archie Karas
Nickname(s)The Greek
ResidenceLas Vegas, Nevada
BornAnargyros Nicholas Karabourniotis
November 1, 1950 (age 70)[1]
Antypata, Greece
World Series of Poker
Money finish(es)7

Anargyros Nicholas Karabourniotis[2] (Greek: Ανάργυρος Καραβουρνιώτης, born November 1, 1950), commonly known as Archie Karas, is a Greek-Americangambler, high roller, poker player, and pool shark famous for the largest and longest documented winning streak in casino gambling history, simply known as The Run, when he drove to Las Vegas with $50 in December 1992 and then turned a $10,000 loan into more than $40 million by the beginning of 1995, only to lose it all later that year. Karas himself claims to have gambled with more money in casinos than anyone else in history[3] and has often been compared to Nick the Greek, another high-stakes gambler of Greek origin.[4]

Early life[edit]

Karas was born on November 1, 1950 in Antypata on the island of Cephalonia, Greece. He grew up in poverty and had to shoot marbles as a teenager to avoid going hungry. His father, Nickolas, was a construction worker who struggled financially.[2]

Karas ran away from home at the age of 15 after, in a rage, his father threw a shovel at him, barely missing his head. He never saw his father again. Nickolas died four years later.

Karas worked as a waiter on a ship, making $60 a month until the ship arrived at Portland, Oregon. He would later move to Los Angeles, where he would gamble his bankroll up to $2,000,000 before losing it playing high-stakes poker.[2]

Gambling career[edit]

He worked at a Los Angeles restaurant, which was next to a bowling alley and a pool hall. There he honed his pool skills and eventually made more money playing pool than he did as a waiter. When his victims from the pool hall thinned out, he went to Los Angeles card rooms to play poker. Karas claims to have gone from broke to millionaire and back several times. Later, he became an astute poker player, building his bankroll to over $2,000,000. Professional poker players such as Chip Reese and Doyle Brunson, had played and considered Karas a weaker poker player often giving Karas handicaps to play. In December 1992, Karas had lost all but $50 playing high-stakes poker. Instead of reevaluating his situation and slowing down, he decided to go to Las Vegas in search of bigger games. The next three years would go down in legend as the greatest run in casino gambling history.[2]

You've got to understand something. Money means nothing to me. I don't value it. I've had all the material things I could ever want. Everything. The things I want, money can't buy: health, freedom, love, happiness. I don't care about money, so I have no fear. I don't care if I lose it.[3]

The Run[edit]

Karas' initial run lasted for six months when he drove to Las Vegas with $50 and turned a $10,000 loan into approximately $17 million playing poker and pool. In December 1992, after losing his entire bankroll, Karas drove to Vegas with his car and $50 in his wallet. After arriving at The Mirage, Karas recognized a fellow poker player from the Los Angeles scene and convinced him for a $10,000 loan. Karas quickly turned the loan into $30,000 playing $200/$400 limitRazz.[3] Karas returned $20,000 to his backer, who was more than content.[5]

With a little over $10,000 in his pocket, Karas went to a bar with a pool table adjacent from the Liberace Plaza on East Tropicana. There he found a wealthy and respected poker and pool player. Karas refused to reveal his name for the sake of his opponent's reputation; he simply referred to him as 'Mr. X'. They started playing 9-ball pool at $5,000 a game raising the stakes as games progressed. After Karas won several hundred thousand dollars, they raised the stakes to $40,000 a game. Many gamblers and professional poker players watched Archie play with stakes never seen before. Karas ended up winning $1,200,000. The two decided to play poker at Binion's Horseshoe where Karas won an additional $3,000,000 from Mr. X. Karas was willing to gamble everything he made and continued to raise the stakes to a level few dared to play at.[6]

With a bankroll of $4 million, Karas gambled his bankroll up to $7 million after spending only three months in Vegas. By now, many poker players had heard of Mr. X's losses to Archie. Only the best players dared to challenge him. Karas sat at the Binion's Horseshoe's poker table with 5 of his 7 million dollars in front of him, waiting for any players willing to play for such stakes.[7]

The first challenger was Stu Ungar, a three-time World Series of Poker champion widely regarded as one of the greatest Texas hold'em and gin rummy player of all time. Stu was backed by Lyle Berman, another professional poker player and business executive who co-founded Grand Casinos. Karas first beat Stu for $500,000 playing heads-up Razz. Karas then played Ungar in 7-card stud, which cost Ungar an additional $700,000.[7] The next player was Chip Reese, widely regarded as the greatest cash game player. Reese claims that Karas beat him for more money than anyone else he ever played. After 25 games, Reese was down $2,022,000 playing $8,000/$16,000 limit.[7]

Karas continued to beat many top players, from Puggy Pearson to Johnny Moss. Many top players would not play him simply because his stakes were too high. The only player to beat Karas in the first round during his run was Johnny Chan, who beat him for $900,000, though Chan did lose to Karas frequently, before and after the streak. By the end of his six-month-long winning streak, Karas had amassed more than $17 million. Karas said that Doyle Brunson was the only player able to win playing Razz during his winning streak.[8]

The poker action for Karas mostly dried up due to his reputation and stakes. He turned to dice, for $100,000 per roll.[4] Karas was allowed to make pass line and come bets of up to $300,000, but with no odds.[9]Jack Binion capped Karas' buy bets on the 4 and 10 at $100,000. At one point, Binion raised Karas' 4 and 10 buy bet limit to $200,000. Karas quickly won $920,000 under these conditions; then Binion immediately lowered the limit back to $100,000.[9] Karas said that he could quickly win $3 million on dice, while it would take days to weeks with poker. Karas stated, 'with each play I was making million-dollar decisions, I would have played even higher if they'd let me.'[3]

Transporting money became a hassle for Karas, as he had several million dollars in his car every day. He carried a gun with him at all times and would often have his brother and casino security guards escort him. At one point, Karas had won all of the Binion's casino's $5000 chips, the highest denomination at the time.[10] By the end of his winning streak, he had won over $40 million.[11][12]

Downfall[edit]

Karas's odds-defying two-and-a-half-year streak came to an end in 1995 when he lost most of his money in a period of three weeks. He lost $11 million playing dice and then lost the $2 million he won from Chip Reese back to him. Following these losses, he switched to baccarat and lost another $17 million, for a total of $30 million. With approximately $12 million left and needing a break from gambling, he returned to Greece. When he came back to Las Vegas, he went back to the Horseshoe, shooting dice and playing baccarat at $300,000 per bet, and in less than a month, lost all but his last million.[13]

With his last million, he went to the Bicycle Club and played Johnny Chan in a $1,000,000 freezeout match. This time, Chan was backed by Lyle Berman, and they took turns playing Karas. He preferred playing both of them, instead of just Chan, as he felt Chan was the tougher opponent. Karas won and doubled his money, only to lose it all at dice and baccarat, betting at the highest limits, in just a few days.[13]

Mini-streaks[edit]

Since he lost his $40 million, he has gone on a few smaller streaks. Less than a year later, he turned $40,000 into $1,000,000 at the Desert Inn. He then went back to the Horseshoe and won an additional $4 million before losing it all the next day.

A few years later, Karas went on another streak at the Gold Strike Casino, 32 miles outside Las Vegas. He went with $1,800 and lost $1,600 until he was down to just $200. Then after getting something to eat, he decided to gamble the rest of it. He shot dice and ran his $200 into $9,700 and then headed to Las Vegas. He stopped at Fitzgeralds Casino & Hotel and won another $36,000, betting $1,000 with $2,000 odds. He went back to Binion's and won another $300,000 at the Horseshoe and by the third day, had won a total of $980,000 from a low of $200.[14]

Personal life[edit]

Karas currently resides in Las Vegas. His family lives in Greece. Karas stays in touch with his family by phone, and tries to travel back to Greece at least once per year. He brought his mother, Mariana, to Las Vegas for six-month visits when he was on his winning streak.

Karas's story was documented in Cigar Aficionado by American author Michael Konik[3] and also was featured, along with Stu Ungar, in an E! documentary special called THS Investigates: Vegas Winners & Losers.[15] Konik also wrote an article about Karas which was featured in a book about Las Vegas gamblers called The Man With the $100,000 Breasts.[4]

He was interviewed, along with poker player Tony G, by Tiffany Michelle during the 2008 World Series of Poker. He was also a featured player on ESPN's coverage of the 2008 WSOP.[16]

Biggest Casino Winner In The World Championship

Cheating[edit]

Winner

Karas was arrested on September 24, 2013 after being caught marking cards at a San Diego casino's blackjack table by the Barona Gaming Commission. He was arrested at his Las Vegas home and extradited to San Diego to face charges of burglary, winning by fraudulent means and cheating. He was found guilty and sentenced to three years probation.[11]

See also[edit]

Biggest Casino Winner In The World Series

Biggest Casino Winner In The World

Biggest Casino Winner In The World History

References[edit]

  1. ^'Anargyros Nicholas Karabourniotis'. Nevada Gaming Control Board. Retrieved 2016-10-07.
  2. ^ abcdTom Sexton (2008-02-11). 'Sexton's Corner, Vol. 31: Archie Karas, The World's Biggest Gambler'. Poker News. Archived from the original on 19 February 2009. Retrieved 2009-03-02.
  3. ^ abcdeMichael Konik (2008). 'Tables of Dreams'. Cigar Aficionado. Archived from the original on 10 February 2009. Retrieved 2009-03-02.
  4. ^ abcHoward Schwartz (2008-06-21). 'Archie Karas, The Greatest Gambler'. Poker Works. Archived from the original on 20 February 2009. Retrieved 2009-03-02.
  5. ^Paul McGuire. 'The Return of Archie 'The Greek' Karas'. Bluff Magazine. Archived from the original on 2014-02-20.
  6. ^Tom Sexton (2008-02-18). 'Sexton's Corner, Vol. 32'. Poker News. Retrieved 2009-03-02.
  7. ^ abcTom Sexton (2008-02-25). 'Sexton's Corner, Vol. 33'. Poker News. Retrieved 2009-03-02.
  8. ^Tom Sexton (2008-03-03). 'Sexton's Corner, Vol. 34'. Poker News. Retrieved 2009-03-02.
  9. ^ abTom Sexton (2008-03-17). 'Sexton's Corner, Vol. 36'. Poker News. Retrieved 2014-03-10.
  10. ^Tom Sexton (2008-03-10). 'Sexton's Corner, Vol. 35'. Poker News. Retrieved 2009-03-02.
  11. ^ abEmma Lacey-Bordeaux (2013-09-29). 'Legendary gambler Archie Karas accused of marking cards in San Diego casino'. CNN. Retrieved 2014-03-10.
  12. ^Tom Sexton (2008-04-14). 'Sexton's Corner, Vol. 40'. Poker News. Archived from the original on 15 April 2008. Retrieved 2009-03-02.
  13. ^ abTom Sexton (2008-04-14). 'Sexton's Corner, Vol. 37'. Poker News. Archived from the original on 14 February 2009. Retrieved 2009-03-02.
  14. ^Tom Sexton (2008-03-31). 'Sexton's Corner, Vol. 38'. Poker News. Archived from the original on 14 February 2009. Retrieved 2009-03-02.
  15. ^Karas, Archie (2008-06-13). THS Investigates: Vegas Winners & Losers (documentary). USA: THS.
  16. ^Archie Karas in 2008 WSOP on YouTube

Biggest Casino Win In The World

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Archie_Karas&oldid=966053601'
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