Omar Siddick, the former top manager at Fry’s Electronics, earned $225,000 a year and has lost $8 million in one day.

He doubled that last million in the Bicycle Club and then lost all his money by making huge bets on baccarat and craps in a couple of days. He returned to Greece with a sum of $12 million, but soon he moved back to Las Vegas where, in less than a month, he lost all his money, saving only $1 million from his huge bankroll. When the loss reached 20 million dollars, Archie switched to craps and lost another 17 million dollars. But by the middle of the same 1995, in three weeks, he lost almost all the money won during that time. In six months, he won $17 million, which by the beginning of 1995 had turned into $40 million, playing baccarat, billiards, craps, and poker.

The desire to recoup is inherent in every person and so, for you to remember the danger of losing composure, we bring to your attention the biggest winnings and losses in Las Vegas.Īrchie Karas came from Greece in December 1992 to Vegas with only $50 in his pocket. Each gambler coming to the casino understands that it is possible not only to win a fortune but also to lose even more without reaching the original goal.