Biggest gambling losses of all time. This will make you feel better about your losses

larry175 · May 14, 2018

The top 5 biggest gambling losses of all time

At number 3 - Terrance Watanabe - $127 million

Terrance Watanabe, is a business man that inherited a small fortune from his father, and is now the CEO of a company his fathered started in the 1930's, the Oriental Trading Company. But he isn't known for his business exploits. Instead, Terrance entered the limelight after he revealed to his family that he lost close to $127 Million in 2007 to Harrah's Entertainment Inc in Las Vegas. Casino employees stated that Terrance would often gamble for 24 hours straight, and lose up to $5 Million in a single day. Furthermore, Terrance was allowed to break casino rules and play three hands of blackjack at once.

festeringZit · May 14, 2018

larry175 said:
The top 5 biggest gambling losses of all time

At number 3 - Terrance Watanabe - $127 million

Terrance Watanabe, is a business man that inherited a small fortune from his father, and is now the CEO of a company his fathered started in the 1930's, the Oriental Trading Company. But he isn't known for his business exploits. Instead, Terrance entered the limelight after he revealed to his family that he lost close to $127 Million in 2007 to Harrah's Entertainment Inc in Las Vegas. Casino employees stated that Terrance would often gamble for 24 hours straight, and lose up to $5 Million in a single day. Furthermore, Terrance was allowed to break casino rules and play three hands of blackjack at once.

I've never seen a casino that didn't allow you to play multiple BJ hands at once?

larry175 · May 14, 2018

festeringZit said:
I've never seen a casino that didn't allow you to play multiple BJ hands at once?

Maybe he is from a country with different casino laws

festeringZit · May 14, 2018

larry175 said:
Maybe he is from a country with different casino laws

He lost his money in Vegas. I looked it up. They reported the story wrong, it wasn't against the rules for him to play multiple hands, they just allowed him to
bet higher than the normal table limits, by letting him play 3 hands of $50K each.

packer2012 · May 14, 2018

festeringZit said:
He lost his money in Vegas. I looked it up. They reported the story wrong, it wasn't against the rules for him to play multiple hands, they just allowed him to
bet higher than the normal table limits, by letting him play 3 hands of $50K each.

If a guy loses that big..... No doubt most joints would let him touch the cards in a shoe game...... With his COCK!

larry175 · May 14, 2018

festeringZit said:
He lost his money in Vegas. I looked it up. They reported the story wrong, it wasn't against the rules for him to play multiple hands, they just allowed him to
bet higher than the normal table limits, by letting him play 3 hands of $50K each.

oh yeah makes sense now

kidman232 · May 14, 2018

festeringZit said:
I've never seen a casino that didn't allow you to play multiple BJ hands at once?

we only allow two hands, alot of casino's wont let you play 3x anymore. It use to be standard 3 hands at 5 times table min.

festeringZit · May 14, 2018

kidman232 said:
we only allow two hands, alot of casino's wont let you play 3x anymore. It use to be standard 3 hands at 5 times table min.

I'm surprised... especially at the high-roller level. Did they give a reasoning for limiting to 2 hands?

larry175 · May 14, 2018

kidman232 said:
we only allow two hands, alot of casino's wont let you play 3x anymore. It use to be standard 3 hands at 5 times table min.

thats quite interesting
are you allowed to put all cards on the table

kidman232 · May 14, 2018

festeringZit said:
I'm surprised... especially at the high-roller level. Did they give a reasoning for limiting to 2 hands?

Its been two hands at double table min for the 6+ years ive worked there. Our max bet is 10k, you can bet more with approval (this is normally someone from out of town wiring in money). Argosy casino use to let you play 3 hands at double table min, but i think it was just on 6 or 8 deck out on main floor

kidman232 · May 14, 2018

larry175 said:
thats quite interesting
are you allowed to put all cards on the table

Im not sure exactly what you mean

RX drew · May 14, 2018

There are many stories like this that never hit the news. This stuff takes place not just in Sin City. Where there is a wager able to be accepted people will be close.

LoCalDallasGuy · May 14, 2018

is it me or that website article horseshit? so discombobulated lol.

MotorCityMadman · May 14, 2018

I have seen players in LV playing a whole table by themselves table limit. In the D it's nothing to see players play 3 hands at GT table limit.

larry175 · May 15, 2018

yeah the news don't want the public to know how many people lose big. They will scare them from going to casinos and making them money

charliepeete · May 15, 2018

i played 6 hands at once at 5 dollars per hand up in cripple creek colorado about 15 years ago .........

niltes · May 15, 2018

the whole state is still talking about that.

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