Top 5 Craziest Gambling Losses Ever

Welcome to Droid’s Slots Top 5. This week, we’re taking a look at the top 5 strangest gambling losses of money and more.

An Italian man named Bruno Venturi was playing’s ‘Sixty Seconds’ game in 2009, when he realised he was onto a winning streak. Having only initially bet (€20) £18, Venturi quickly racked up a total winning of (€700,000) £650,000 in a matter of hours.

However, when Venturi attempted to collect his winnings, he was informed by Eurobet that he wouldn’t be able to claim any of it. The reason? Eurobet’s website had incurred a glitch which meant that Venturi had played most of his games for free, since the website had failed to charge him adequately.

This bet is a little less kosher than what you’d usually find in your local William Hill. In 2013, Ugandan news sources reported that Henry Dhabasani bet the mortgage of his home on Arsenal beating Manchester United at Old Trafford. Rashid Yiga, who he was betting against; was staking his wife and a new Toyota Premio on Manchester to win. Little more than 90 minutes later Manchester United had a decisive 1-0 victory over Arsenal. Dhabasani is reported to have fainted at the final whistle and was evicted from his home the following day.

Terrance Watanabe is a special entry to this list because he is a record breaker. During a year long gambling binge in 2007, Watanabe managed to lose over $127 million to Ceasar’s Palace and Rio Casinos. The two casinos’ parent company, Harrah’s Entertainment Inc, derived about 5.6% of its annual Las Vegas gambling revenue from Mr Watanabe alone. It is believed to be both the biggest overall loss, as well as the longest losing streak in Las Vegas history.

Matthew Webb was the first person recorded to ever swim the English Channel in 1875. He completed it in under 22 hours and was considered one of the greatest athletes of his time. Years later, Webb managed to fall into debt and would do stunts for money. For his final stunt, he managed to raise $10,000 to swim through the whirlpool rapids of the Niagra River, below the Niagra falls.

He struggled to raise the money as many said it was a suicide mission. On the 24th July 1883, Webb leapt from a small boat situated near the Niagra Falls Suspension bridge and sadly, proved the critics right. You should bear in mind that a modern day expedition to walk on the moon costs around $1.5 billion.

This is precisely the amount Harry Kakavas gambled away during the course of a 14 months binge. His game of choice; Baccarat. Kakavas is popularly believed to be one of the biggest high rollers in the world. His extravagant losses totalling 1.5 billion, attest to that title.

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