Two Famous Greek Gamblers from the History

Gambling is said to be as old as humanity itself. Throughout history there have been famous personalities who have become memorable due to their gambling habits, successes or losses. Today I am going to take a look at some of the most renowned winners, losers, cheaters and hustlers of human history, from times when today's benefits, like no deposit bonuses and mobile games existed.

The biggest winning streak: Archie Karas

Archie Karas - Anargyros Karabourniotis by his birth name - is a living legend among gamblers of the world. During his life he has won and lost fortunes, earning the distinction of the greatest gambler of all times. With no WPT titles and no WSOP bracelets, he has managed to gamble more money in his life than anyone in human history. Archie Karas is best known for his incredible winning streak between 1992 and 1995, when he managed to turn a meager $50 into $40 million. Known as "The Run", his winning streak is documented to be the longest and largest in history. After making a living off playing pool in a small Los Angeles pool hall, he went on to play poker. He managed to work his bankroll up to $2 million, but lost everything but $50 in a high stakes game. But his enthusiasm was unbroken - he went to Las Vegas, searching for bigger games, which he found there in abundance. He turned his $50 into $17 million in six months. During The Run, Karas beat poker legends like Stu Ungar, Chip Reese and Johnny Moss. Then he went on to dice, multiplying his winnings - until losing it all in just three weeks.

The inspiration for the WSOP: Nick the Greek

Nick Dandolos, also known as Nick the Greek, was a famous high stakes poker player, often also called the King of Gamblers. He was born in 1883 on the island of Crete, and sent to the USA as a young boy by his grandfather. He lived in Chicago, on a generous allowance from his wealthy family, later moving to Montreal and starting his gambling career. He won a lot betting on horse races, but he lost everything on card games after returning to Chicago. But he didn't give up - he perfected his poker skills and went on playing for high stakes. Nick the Greek played "heads up" poker against Johnny Moss between January and May 1949. During the marathon they played virtually every variation of poker that existed at the time. The game, that was set up as a tourist attraction, is credited as being an inspiration for the World Series of Poker we know today.

- This article was written by Stephen Benton


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