Whenever gambling is mentioned, the glitzy images of Les Vegas come to mind. America has been considered as a gaming nation for a very long time. However, America is not the world’s biggest gambler as many would think. In fact, the biggest gamblers in the world include countries that are least suspect. The ranking of the 200 gambling countries is based on data provided by H2 Gambling Capital. The ranking takes into account the losses in a year divided by the adult population. The losses include the entire amount lost on all types of gaming including poker, slot machine, horse racing, and casinos.

The Biggest Gambling Countries In The World

Australia

• Ranking 4 th on this list of the top 10 largest sports betting companies by revenue in the world is Scientific Games Corporation, an American corporation that provides gambling products and services to lottery and gambling organizations across the globe. The company is headquartered in Las Vegas, Nevada and specializes in products such as.
• Sitting at the top of our list, Australia can be called a gambler’s paradise, as it provides all kinds of entertainment, from slots and casinos to betting and lotteries. Pair that with a no-tax-on-winnings policy, and you’ve got a perfect place for attempting to win big at.
• Gambling comes in many guises these days, with no end of options both online and in the real world. Online poker is hugely popular, but the richest prizes in the game are still handed out each year in Las Vegas at the World Series of Poker. The Main Event at the annual extravaganza has served up some huge paydays and created some very rich.

We’ve put together a list of the best gambling destinations from around the world. If you love to bet and are looking for the ultimate betting experience, make sure these go on your list! Las Vegas, Nevada. This one is a no-brainer: Vegas is the world’s most famous gambling hotspot with over 70 casinos. The main focal point is the 4-mile stretch simply called ‘The Strip’.

Gambling is so prevalent in Australia that the central bank was led to increase interest rates. Australia allows online wagering on sports. Slot machines are favorite games in the country. New South Wales accounts for half of the country’s total poker machines. Adult gamblers reported a loss of $1,128 per adult with 935 gamblers registered to be banned from casinos between 2006 and 2010. However, these gamblers were caught over 1,200 times for breaching their ban

Singapore

Singapore only opened its first casino in 2010 but has since become one of the largest gambling countries in the world. The opening of casinos in Singapore created worries in the country, with the majority fearing addictions and losses. The government is discouraging gambling by the locals by imposing an entry fee of $81 for locals who wish to enter the casino. Families are also allowed to ban their members from visiting the casinos under the “Family Exclusion Orders.” However, these measures have done little to dampen the gambling spirit in the country. The country recorded $1,174 losses per adult in 2010.

Ireland

The casino industry in Ireland is entirely unregulated because the country depends on the old Gaming and Lottery Act of 1956. According to the law of Ireland, only registered members’ club is allowed to offer casino services. Bets on gaming machines are not allowed beyond 6 pence while the rewards for gaming are allowed up to 10 shillings. However, this law cannot be enforced since the Irish pound has not been in use as a legal tender since 1999. The huge losses by gambling adults which average $588 per adult have forced the government to start enacting laws that will help regulate the gaming industry in Ireland.

Canada

Over 75% of Canadian adults have been involved in at least one form of gambling. The highest number of gamblers in the country comes from Saskatchewan. The province has gambling revenue of $841 per person above the age of 18 years. The popular gambling games in Canada include lottery and scratch and win. The popularity of lottery games in Canada has led to the government setting up initiatives to discourage giving of lottery tickets to minors as gifts. Canada recorded $568 gaming losses per adult

Finland

Professional Gamblers List

Over 41% of the adult population in Finland gambles weekly, according to the Ministry of Social Affairs and Health. The minimum age for gambling in the country was raised to 18 years in 2011 from 15 in the previous years in a bid to discourage gambling among children. The national lottery company in Finland is a property of the government and is managed by the Ministry of Education with the revenue from the company channeled to education, culture, and arts. The Paf Group of Finland, running the internet gambling company, offers paybacks to its loyal customers who spend at least $171.40 on its site but are certified to be suffering from gambling addiction. Finnish gamblers lose an average of $553 per adult.

So, how was the game last night? Were the cards good? Did you get to hit a mega win that is swelling you up with pride? It doesn’t matter if you haven’t got there yet – there is no rush. But, why we are talking about cards in a write up on richest gamblers – aren’t you wondering that? Of course, you are! Well, cards counting is what most (almost all) of the richest gamblers did in their early life. Today, they have established themselves as professional gamblers. If you are not into cards like the poker legends, try out online gambling. However, before starting to invest in, play some online casino games with free slot bonuses, see what you prefer and then go ahead.
Getting back to the richest professional gamblers, we have come up with ‘Top 3 Richest Gamblers’ who have made millions (in fact billions) just being a gambler. So, let’s get started:

1. Bill Benter
(100 Million Dollars Per Annum)
Bill Benter (also known as William Benter) was born in 1957 in Pittsburg, Pennsylvania. He is a mastermind in Mathematics and holds a degree in Physics. He started off as a professional gambler at the blackjack table in Las Vegas using his mathematics skills for card counting. Later he improvised his skills with strategies shared in Edward Thorp’s book ‘Beat the Dealer’. He was so good at it, that he got banned from most of the casinos in Las Vegas after seven years.
Then, he met Alan Woods and shifted to Hong Kong where the duo explored the horse racing market. Together they created a formula to predict the result of horse races. In 1987, after the two parted the ways, Benter refined the formula and developed the most successful software for horse race gambling. Over time, he expanded the array of variables that have to be examined for every horse in a race. It is anticipated that he makes 100 million dollars every year – often scraping 5 to 10 millions on a single-day race.
Apart from being the richest punter, Bill Benter is known for his philanthropic activities and contributions to political and charity groups.

2. Edward O. Thorp
(80 Million Dollars Per Annum)
Edward Thorp born in Chicago, Illinois on August 14th, 1932 is hedge fund manager, great gambler – with a Ph.D. in Mathematics from University of California, Los Angeles (UCLA). He has been a math professor as well from 1959 to 1977. With the use of computer imitation, he invented card counting strategy that would help increase odds of Blackjack players. He tested his theory in the casinos of Lake Tahoe, Reno, and Las Vegas. After irking others’ interest, he wrote the very famous book ‘Beat the Dealer‘, the original complete guidebook to card counting for all newbie and pro players. Also, he along with Claude Shannon invented the first wearable computer in 1961. Until prohibited in 1985, he used it extensively in the blackjack and roulette tables. Furthermore, he invented the ‘Thorp count’ methodology for backgammon players. While being an esteemed member of the Blackjack Hall of Fame, he also formed a baccarat syndicate.
In the 1960s, he made good use of his unparallel understanding on statistics and probability in the stock market. Moreover, developed and validated valuable hedge fund methods in the fiscal market earning his an estimated fortune of 800 million dollars.

Best Gamblers In History

3. Zeljko Ranogajec
(Supposedly 1 Billion Dollars Per Annum)
He is the most secretive gambler of all – this is why he isn’t that famous. However, he lives the life of the Rich somewhere in Europe. He was born in 1961, in Hobart, Australia. He left his commerce and law studies to chase his dream career in advantage gambling. With his photographic memory and intricate mathematic calculations, he can easily turn hundred-dollar stakes into seven-digit wins. Eventually, it got his outlawed from the majority of the Australian casinos. Hence, he jumped to validate his skills in predicting the results of horse betting. As they say, it made him a fortune of billions.
He never gave any interviews or shared any of his ventures with other, which is why it is hard to guess his net worth right. However, a close family source depicts him to be a multi-billionaire. It is claimed that he accounts 6 to 8% of Tabcorp’s annual revenue. It is also reported that Ranogajec has been fighting a 900-million dollar tax war with the ATO (Australian Taxation Office). Keeping these speculations aside, one cannot overlook that he is the record-holder of winning $7.5 million in Keno in the 1990s.
Next time if anyone tells you that gambling is game of luck or it’s the house that always wins, tell him about these people. We have just introduced top 3 richest gamblers in this post, but in reality, there is a section of people who make a living by placing bets. Hold on, for there are going to be many more names to add up to this list!

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