Terrance Watanabe said he wagered over $825 million and lost close to $127 million of it in Caesars Palace and the Rio casinos back in 2007. This is believed to be the biggest losing streak in Vegas history.
See more list of casino losses that players experienced.
1. $10 million over three weeks
A guy bet $600k PER HAND on Baccarat and ended up a few million. He went on to share it with the people around him. He lost ten million in three weeks. Also, he had a room booked for a month so he made his man fly back to Thailand to get even more money.
2. $9 million in one night
“Multiple times per week there are high rollers who win or lose over $1 million. The most that a person lost was about $9 million in one night.
While that may look like an obscene amount of money, that’s what he had budgeted himself to gamble that trip. With all that happened, he did not lose himself for losing that money.
3. $720,000 in five hours
Few weeks after a gambler was caught, he came back to the Casino with 4 briefcases of $250,000 each. After 5 hours, he was down $720,000.
4. $320,000 in 25 minutes
A few years back a big player lost $320,000 in 25 minutes. He had just sat down with three full racks of $1000 checks.
5. $2,200,000 loss that ended in suicide
The house lost about $3 million in an hour to this game player, and then they won $5.2 million back from him in six hours. The player then lost all his gains and an added $2.2 million to the casino. He then hanged himself in the suite that night.
John Ford has been writing online gambling content for over 18 years. Born and raised in the heart of the Short Pump, Virginia, John’s journey through the casino industry began on the casino floor itself. He started as a dealer in various games, including blackjack, poker, and baccarat, cultivating an understanding that only hands-on experience can provide. John’s passion for writing casino guides stems from his casino experience and his passion for helping fellow punters. His articles are more than reviews; they are narratives that guide both novices and seasoned players through the labyrinth of online casinos.
