Worst betting losses ever

At the top of our list is American businessman Terrance Watanabe. Heir to the Oriental Trading Company, in 1977, he chose to sell it and throw himself completely into betting on blackjack and Baccarat. It is estimated that, out of a total of 825 million dollars wagered, this businessman lost about 127 million at Caesar's Palace and the Rio. Faced with such a calamity, it was sued by several entities, which are still seeking to recover their money.

Despite not becoming a big loser, Harry Kakavas is undoubtedly a frequent loser. However, if anyone possesses the knowledge and skills necessary to recover from their losses, Harry Kakavas is that very person.

Over the course of 16 months playing baccarat at Melbourne Crown Casino, this punter is estimated to have risked more than $ 1.43 billion! As you might expect, the losses were not small. A total of 20.5 million were held at the casino.

Consequently, in an absolutely astonishing” last move, “Harry sued the gambling entity, claiming it had”exploited his pathological desire to gamble." However, as expected, no reason was given.

Despite having achieved a position of considerable renown, this former Mayor of the state of San Diego, quickly lost control of the situation, becoming completely obsessed with the game.

Maureen is estimated to have lost approximately $ 13 million, resulting from bets worth more than a billion. Faced with such a state of obsession, Maureen borrowed $ 2 million from her husband's charitable foundation so she could bet on video poker. As expected, the result was not positive.

However, in addition to having already paid off all her debts, Maureen has an exemplary political career, created and enhanced thanks to a lot of work and dedication.

This is, without any doubt, one of the most Incognito bettors ever. Arriving in Las Vegas with only 50 dollars, Archie has come a long and fantastic way throughout his career, accumulating more than 40 million dollars. At one point, he even managed to leave a certain casino without chips.

However, Archie bet simply for fun and excitement, which this activity gave him, not valuing the money he collected in the least. He said that everything he really valued could not be bought: health, freedom, love and happiness.

Thus, Archie was constantly looking for new matches and opponents that would provide him with an exciting poker session. Despite being an absolutely genius player, he lost all his wealth in just three weeks!

The former basketball star of the Phoenix Suns is another name that could not be missing from our list. Due to his extreme gambling addiction, Charles is estimated to have lost around $ 30 million between various casino games.

However, he speaks quite openly about his addiction, accepting it and taking responsibility for the consequences of it. Above all, Charles values the excitement and pleasure that casino games give him, claiming that they make him fulfilled.

The Manchester United superstar has a wide range of controversial gambling stories. An example of this is the account of an occasion in which Wayne arrives at a casino already at dawn and loses half a million, in just two hours.

The former football legend says he bets with the aim of combating boredom caused by loneliness, seeking to revive the emotion that has always characterized his football career.

Here are some of the biggest losses in the history of the betting industry. We hope that this article has made you realize that this is a rather dangerous world and that it requires maturity, experience and tranquility.

Therefore, do not get carried away by the excitement that these games provide you, not letting yourself be deceived by possible gains that you can achieve. Always remember to bet consciously and according to your possibilities.