9 of the Biggest Baccarat Heists in History

 9 of the Biggest Baccarat Heists in History

Sometimes the tables get turned on casinos and they’re not in a good way. These casino heists have highlighted vulnerabilities in security and led to increased scrutiny and tightened regulations.슬롯사이트

Heather Tallchief didn’t need camera breaches or cheating to steal $3 million from a Vegas casino. Her meticulous approach and strategic betting helped her win, and this heist highlighted the thin line between luck and skill in Baccarat.

1. Archie Karas

Almost every Vegas gambler knows the name of Archie Karas. He’s the Greek-American gambler who turned $50 into a $40 million fortune in just three years. He won big at poker, baccarat, blackjack, and craps.

He even bargained with casinos to allow him to bet way above the limits. He was so good that he even beat the best players at the time, like Stu Ungar and Johnny Chan.

2. Phil Ivey

Phillip Dennis Ivey is one of the most famous poker players in history, winning ten WSOP bracelets and appearing at many final tables. He’s also a multi-millionaire thanks to his poker winnings and investments.

Ivey is often referred to as “The Beast” and has a reputation for being one of the most dominant players in both high stakes cash games and live tournament events. He has also mastered edge sorting, which is a strategy that allows him to win millions from casinos.

3. Kelly Sun

Baccarat is a casino game with a reputation for being easy and requiring little skill. Kelly Sun, nicknamed “the Queen of Edge Sorting,” turned this perception around by demonstrating that certain decks had a distinct weakness in the cards’ edges.

She and Phil Ivey won millions of dollars at gambling dens using the strategy of edge sorting, which entailed capitalizing on casinos’ inability to recognize the game’s key cards—sixes, sevens, eights, and nines. Now, their story is getting a Hollywood spin.온라인카지노

5. The Royal Baccarat Scandal

The Royal Baccarat Scandal of 1890 rocked British high society. During a game of Baccarat, Sir William Gordon-Cumming—a friend of the future King Edward VII—was accused of cheating. Despite his vehement denials, the scandal tainted the game’s reputation and drew attention to its high stakes.

An anonymous high roller’s $12 million win left casinos in awe. The player’s meticulous betting patterns and strategic exploiting of slight advantages highlighted the potential for life-changing payouts in this high-stakes game.

6. Borgata Heist

Three men stole half a million dollars worth of jewelry in a brazen smash-and-grab at the Borgata Hotel Casino and Spa in Atlantic City. Police say the men entered a store at the casino, smashed display cases and made off with the merchandise.

These types of burglaries are known as “smash-and-grabs,” and they’re often committed overnight when the jewelry stores are closed. The thieves enter and exit within minutes without worrying about alarms or creating noise.

7. Whale Win in Macau

Macau, the special administrative region of China that’s eclipsed Vegas in recent revenue stakes, is a high-rollers’ paradise. VIP players, known as whales, jet into town and enjoy the trappings of luxury, often gratis: six-star suites, fine dining, top-brand shopping.

They also bet billions at the tables, and their results directly impact casino stocks. That’s why the ‘whales’ are such a big draw for casino staff. Especially when it comes to their favorite game: baccarat.

8. Archie Karas’ “The Run”

In the world of gambling, there are countless stories of epic wins and losses. But few are as remarkable as the story of Archie Karas, also known as “The Run.” In late 1992, Karas arrived in Vegas with $50 in his pocket and turned it into $40 million within two years by playing pool, poker and dice.

But his impressive streak came to an abrupt halt in 1995 when he lost most of his winnings in just three weeks. First he lost $11 million in craps and then $2 million to Chip Reese at poker. Then he switched to baccarat and lost an eye-watering $17 million.

9. Edge Sorting

Edge sorting is a very clever trick that gives players an advantage when playing baccarat. It works by identifying the high cards from the low ones by looking at the pattern on their backs.

Phil Ivey used this method to win big at Crockfords Casino in the UK and Atlantic City’s Borgata. However, he was eventually banned from these casinos. That’s because casinos view this technique as cheating and they don’t want players to be using it in their establishments.카지노사이트