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Who Is The Richest Gambler In The World? - Business - Nairaland

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Who Is The Richest Gambler In The World? by ItuExchange(m): 9:31am On Jul 27, 2016
It’s somebody you have never heard of.

Actually… it’s a bunch of people you’ve never heard of. But they’re all rich. Super rich. Like, make $100k a day rich

I’m going to tell you a little story. It’s quick and it’s 100% true.

About two years ago I was in Hong Kong for an investors meeting. I was with several other investors who were meeting up at the Ritz Carlton in HK. We were being pitched lots of different deals by local HK startups.

One of the fellow investors and I began talking… which lead to beers… which led to bar hopping. (A common trend in HK… maybe the only trend?).

Anyway… He began to tell me how he made money.

He lived full time in Hong Kong, but he was from the US. He said he was a professional poker player.

“In Hong Kong?” I asked.

“No… In Macau. I take the ferry over every day. Or sometimes a helicopter, if someone really wants to play me,” he said.

“If someone wants to play you?” I asked.

“Yeah… the Chinese like to lose.”

“Wait… what? I don’t get it? Chinese people like to lose poker games to you?”

We had both been drinking… so he leaned in… and said…

“Well… yeah… they like to lose… They want to play me because I win, almost every time. Sometimes I let them win, just to make the game fun. But, they’re not playing to win. They’re playing to lose.”

I looked at him awkwardly. What the heck was he talking about?

He continued, “They have to lose. That’s how they get their money out of the country. They use the casinos to launder their money, but they have to legitimately lose money in gambling. That’s where I come in. They take care of me. They make it worth my time.”

I stared at him blankly… a bit of a buzz kill.

He stared back grinning, “It’s all legal. Well, at least from my end. They just pay me. I don’t have anything to do with the casino or laundering the money. That’s between them and the casino. I just play cards. And win.”

“Wow,” I said. “I didn’t know that job existed.”

“Yup. It’s strange. But I get to play poker all day and get paid more than I ever would for winning any WPT tournament. That’s the World Poker Tour.”

The conversation didn’t go much further than that. I understood what was going on.

So, there you have it - the richest gambler in the world.

Source: https://www.quora.com/Who-is-the-richest-gambler-in-the-world


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Re: Who Is The Richest Gambler In The World? by ikbnice(m): 9:37am On Jul 27, 2016
that's it with gambling, some people love to lose.
Re: Who Is The Richest Gambler In The World? by Nobody: 9:44am On Jul 27, 2016
The Richest gambler is the one that takes the highest CALCULATED RISK

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