What's the biggest bet ever won?

William Lee Bergstrom (1951 – Febru) commonly known as The Suitcase Man or Phantom Gambler, was a gambler and high roller known for placing the largest bet in casino gambling history at the time amounting to $777,000 ($2.56 million present day amount) at the Horseshoe Casino, which he won.

en.wikipedia.org - William Lee Bergstrom - Wikipedia

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American gambler

William Lee Bergstrom (1951 – February 4, 1985) commonly known as The Suitcase Man or Phantom Gambler, was a gambler and high roller known for placing the largest bet in casino gambling history at the time amounting to $777,000 ($2.56 million present day amount) at the Horseshoe Casino, which he won.[1] Bergstrom returned to the Horseshoe three years later in 1984 and placed several additional bets, including a $1 million bet ($2.61 million present day value) which he lost.[1] This bet remains as one of the largest bets ever placed against a casino.[2]

Early life [ edit ]

Bergstrom was born in Austin, Texas and attended Austin High School graduating in 1969. Majoring in electrical engineering, he enrolled at Texas Tech University in Lubbock, Texas in Fall, 1969. Bergstrom, who enjoyed aviation, became a private pilot, and worked as a waiter at a local restaurant in Lubbock, often working till late at night prior to returning to his dorm room at Weymouth Hall on the Texas Tech campus. In Spring of 1971, Bergstrom departed Texas Tech and attended the University of Texas, but dropped out in 1974. His brother Alan Bergstrom described their childhood as marred. Their parents were divorced and Bill constantly desired the respect and affection of his father.[1] After dropping out Bergstrom made a living selling real estate and owning property in Texas.[3]

Gambling [ edit ]

On September 24, 1980, Bergstrom arrived at Binion's Horseshoe Casino in Las Vegas with two suitcases: one containing $777,000 in cash, the other empty. Benny Binion had a policy of honoring a bet of any size if it was the player's first bet at the casino. Bergstrom, who remained anonymous at the time, placed the full amount on the Don't Pass line in craps. The shooter established a point of six, then made a seven two rolls later, resulting in a $777,000 win for Bergstrom. Binion helped Bergstrom stack his winnings into the empty suitcase.[1] According to Ted Binion, Bergstrom had borrowed most of the money for the bet and intended to commit suicide if he lost. Instead, he won and traveled the world for several years before returning on March 24, 1984.[4] On his second visit, Bergstrom placed a $538,000 bet, again on a single roll of dice. He won again, took his mother to a Willie Nelson show, and won an additional $117,000 on three more craps bets. Then, on November 16 he returned and placed a $1,000,000 bet with a suitcase filled with $550,000 in cash, $140,000 in gold Krugerrands, and $310,000 in cashier's checks. Again, Bergstrom bet the Don't Pass. This time, the shooter threw a seven on the come out roll, resulting in a loss for Bergstrom.[1]

Death [ edit ]

Bergstrom never recovered from his million dollar loss and committed suicide on February 4, 1985, by swallowing pills.[5][3] The reason for his suicide remains unknown. Friends and family believed that he was not broke at the time of his death and still had $647,000.[6] His note suggested his suicide was triggered by a breakup with a man 10 years his junior.[1]

Legacy [ edit ]

Bergstrom's story remains in Las Vegas lore and has inspired awards and prize giveaways throughout Las Vegas.[7]

Is there a medication for gambling addiction?

Clinically, several medications are available in the United States that have been used in treating gambling disorder, including naltrexone (an opioid antagonist), lithium (a mood stabilizer) and a variety of other antidepressant and antipsychotic medications.

psychiatry.org - Expert Q&A: Gambling Disorder - Psychiatry.org

Gambling is a common, legal form of entertainment and recreation that is enjoyed by millions of people every day. The vast majority of people who gamble are able to do so without any long-lasting problems or harm. But, like alcohol, tobacco or drugs of abuse, gambling can become an addiction. Recent research has shown that up to 1 percent of the population is currently has a gambling disorder. There are many different warning signs that gambling is becoming a problem. The most common symptoms are lying about gambling, not stopping or controlling gambling, spending excessive amounts of time gambling, and being preoccupied by gambling. Any gambling behavior that creates harm, distress and negative life problems could signify a gambling disorder. For example, two simple questions to ask are: “Have you ever had to lie to people important to you about how much you gambled?” and “Have you ever felt the need to bet more and more money?” A yes answer to either question suggests that there may be a gambling problem.

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What's the biggest bet ever won?

Is a lottery gambling?

Which company pays bonus?

American gambler

Early life [ edit ]

Gambling [ edit ]

Death [ edit ]

Legacy [ edit ]

See also [ edit ]

How do you stop sandbagging?

Who is best player of football?

Is there a medication for gambling addiction?

What rank is Philippines in military?

Can casinos hear you?

Why do gamblers keep gambling?

Can I withdraw my 1XBet welcome bonus?