Succesful Gamblers

In this article, we look at five of the most successful gamblers from the last half a century. Their skill allowed them to overcome the element of luck in their respective betting endeavours. So, here they are! Hall of Famer Phil Ivey is an absolute legend in the world of poker. The 43-year-old California native has won an impressive. Among all the mentioned gamblers, Phil the poker legend is the most successful. This man has won up to 15 WSOP bracelets. He was nicknamed the ‘poker brat’. He wrote ‘Play Poker like the Pros’ which is among the first and the most comprehensive poker books out there. Archie Karas is considered by many as one of the best gamblers in history. He is famous for the longest and largest documented casino gambling winning streak in history, known as The Run. Karas arrived in Las Vegas in December 1992 with just $50. By the beginning of 1995, he won more than $40 million.

Celebrities in terms of appearance, talent, and money seemed to have it all. They appeared to have a fabulous, wonderful and lavish lifestyle that cannot be afforded by a low money earner. If fame and money weren’t enough for them, then gambling can be their other entertainment outlet. What’s more about it? Celebrity gamblers can also possess innate gambling talents and skills like any normal gambler. There’s more to it here. We’ve come up with the list of successful celebrity gamblers you’d love to know.

BenAffleck

An American actor that was known for his role as Batman. He is also a screenwriter, producer, and director whose big break occurred with a part in Good Will Hunting’s Academy Award. He took part in so many Hollywood movies and won two Oscars for his career as an actor. But apart from his acting skills, he’s also an experienced casino gambler. He won the California State Poker Championship in 2004, earning in exchange a huge amount of paycheck. The win led him to qualify for the final tournament of the World Poker Tour. His success does not stop him from poker. He is also a fantastic blackjack player that led him to be banned at the Hard Rock Hotel in Las Vegas.

50 Cent

Among the celebrity gamblers who is an American singer, songwriter, producer, rapper, and actor himself is 50 Cent. He was discovered by Eminem and signed to Shady Records under the aegis of Dr. Dre’s Aftermath and Interscope Records. He became one of the bestselling rappers in the music industry worldwide with the help of Eminem and Dr. Dre. He has sold more than 30 million copies of albums during his career and received many prestigious awards. Despite his success in the music industry, he is a high roller in the sports betting world. He’s pretty extravagant with his bets in 2012, including a half-million New York Giants and San Francisco stake. 50 Cent is an avid sport better and alleged to have won on his stakes.

Floyd Mayweather

A professional promoter of American boxing and former professional boxer. With a record of 50 victories out of 50 professional fights, he won multiple world titles throughout his boxing career. He’s record is flawless, making him one of the best boxers in the sport to participate in. Aside from boxing, gambling also his escapade. He earned a reputation for his love of gambling, including a number of excellent and high-stake bets that he has made over the years. Mayweather has made an impressive record for placing a number of huge successful bets in the past. In which made it on our list of successful gamblers.

Derren Brown

He’s an English mentalist, illusionist, and writer from England. He has produced several other shows for the stage and television since his television debut. And with his stage show secret, he made his way to Broadway. Brown is not alleging supernatural powers, in fact, he exposes the methods of the who assert claims they are such as faith healers and mediums. Derren Brown was not a novice at casinos until he found success because he was a frequent visitor to casinos in London. Casino staff said he was always a winner, although he only bet small. He was subsequently banned from casinos later on.

Victoria Coren Mitchel

She is a professional poker player, an English author, and a presenter. Victoria was the first woman to win an event on the European Poker Tour, the first player to win both two awards from television professional tournament and television celebrity tournament. She was the first player to win two major European poker tour events. And aside from poker, she also plays Texas hold ‘em at London’s Victoria Casino. Reported to have won over £2 million in poker and became famous for being the winner in most poker tournament games. Victoria has taken the spots for every renowned poker competition, making her unbeatable and renowned successful for gambling.

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We often see gambling as being quite a romantic notion. It is someone outwitting all of the other players at the table or place where they are gambling, making a large amount of money, and riding off into the sunset as a successful gambler.

The reality of this is a little bit different. Being a gambler requires the cultivation of a certain select handful of skills in order to get the best possible results. To try and help people who want to start down the path of gambling and actually be successful, here are some of the different options and skill sets that are required for good gambling. Click here for more in-depth information about how to gamble effectively.

Page Contents

  • 5 5. Focus

1. Patience

When you were growing up, you were probably told that patience is a virtue. Well, it really is, and so if you’re going to be a successful gambler, you need to be patient.

Gambling is all about long-term strategy and risk. It’s understanding the fundamental concepts of gambling, and then being able to successfully make strategies based on the application of statistics, odds, and a healthy dose of luck.

Consequently, you need to have a very good level of patients in order to cope with potential minor setbacks and problems. If you’re not a patient person, you will quickly become frustrated, walk away from the gambling table, and then your career will be over.

2. Good Reading Skills

When we talk about good reading skills, we’re not talking about being able to pick up a book and recite a passage from it. instead, we are referring to the act of being able to read the other players at the table with you.

It has long been the case that with a healthy grasp of psychology, it is possible to detect and gather information about other people based on minute details, like for example facial expressions, actions, tics, things like that.

A successful gambler will be able to use this information to accurately read the people playing a game with him or her, and then be able to make decisions based on the actions they have worked out other people will take. For more advice on this, click here.

3. Willpower

Willpower is an important part of being able to gamble successfully, because there are many instances where willpower will be required to make sure that you don’t make a bad decision.

For example, after a series of losses, you need willpower to keep going, especially when it looks like you may not win any money at the tables that night. On the opposite end of the spectrum, it takes willpower to be able to walk away from the gambling table when you have done very well, because otherwise you risk losing everything.

A healthy amount of willpower is a necessary tool for getting the most out of gambling, especially when you are going to try and learn how to navigate gambling successfully and not make serious losses and put yourself in financial jeopardy.

4. Logical Thinking

Succesful

If you are going to be a successful gambler, then you need to make sure that you have cultivated a very logical mindset. Logic is essential for everyday life, and being able to make logical decisions is important for staying sensible.

When you are gambling, you are going to get caught up in the emotions of the moment. Winning will bring a sense of euphoria, but it will also bring a reckless and irresponsible mindset, where you feel encouraged by your success to take bigger and bolder risks. Logical thinking will help to prevent this.

Succesful Gamblers

In some respects, this is not a bad thing, but in others it can be incredibly detrimental for you to take a risk where logically speaking, there is very little chance of a payoff.

Logical thinking will allow you to critically analyse the current situation, calculate your potential chance for success, and then make the correct decision for your overall gameplay. In some cases, this will be walking away from the gambling table, accepting that you have had a good time, and that now it is sensible to stop.

5. Focus

Ultimately, gambling is a very demanding exercise. It requires you to be sharp and focused at all times, to be able to make the correct decisions in a very quick time period in order to get the best results.

Successful Professional Gamblers

Gambling will require you to be able to focus on a handful of different things at once. On the one hand, you will need to be able to think about the statistics and odds of the current situation, as well as your own actions, the actions of people around you, and your overall level of control over the situation. You have to be able to focus on multiple things simultaneously, and this is quite a challenge for people.

Thankfully, there are many resources to help you build your focus up, so click here for more information on what to do in that regard. It’s important to note that when it comes to gambling, you have to be sharp, focused, and ready to engage.

Successful Gamblers

Closing Thoughts

Ultimately, gambling can be a very lucrative and profitable venture if you take the time to master it. Unfortunately, there are very few people who are successful gamblers, because luck does play a heavy part in how things happen. Statistics and probability do play into gambling quite a lot too, so if you have a secure understanding of maths, you will be more likely to succeed, but it is also important to make sure that you are respecting your own limits when it comes to gambling.

Successful Gamblers Stories

A gambling addiction can be a very real thing which does financially cripple quite a few people, so you need to make sure that you can step back at any given point to regain control over a situation. There are numerous resources online if you feel that you are battling with a gambling addiction, so please stay safe and responsible while gambling.