So how do you become a successful gambler? Back in 1873, engineer Joseph Jaggers won $300,000 dollars in three days at the casino in Monte Carlo by noticing that the mechanical faults in their wheels made certain numbers come up more often than others.
Before gambling was legalized in Las Vegas in the 1930s it was a small desert town; today it has 35 million visitors and earns seven and a half thousand million dollars from its casinos every year. What do they do with the profits? Build hotels. The world's biggest hotel is the MGM Grand Hotel & Casino with 5,005 rooms. In fact somebody estimated it would take one person 329 years to sleep in every hotel room in Vegas.
What's the longestrunning bet? There was a tenyear bet between writer Paul Ehrlich and businessman Julian Simon that certain metals would be more expensive in 1990 than in 1980. Ehrlich lost when copper, chrome, nickel, tin and tungsten dropped in price. Simon was trying to make the point that the world is not heading for catastrophe and that we are not using up the world's resources as Ehrlich had predicted.
What's the least successful bet? Fraudster (骗子) Horatio Bottomley went to Belgium in 1914 and bought all six horses in a race. He also paid the jockeys to cross the finishing line in a particular order. Then he put huge amounts of money on all the horses. Unfortunately, the race meeting was by the sea and a mist came in and covered the entire course. The jockeys couldn't see each other and the judges couldn't make out who had won. Bottomley lost a fortune.
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