"That's when I decided to throw caution to the wind. I just put the whole wad into the machine and on my tenth try -- BINGO! almost 50,000 dollars!"
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Some of his exploits are legendary. On one occasion he won 20 baccarat hands in a row while playing for $250,000 per hand. He was also one of the best tippers and dealers and wait staff loved to serve him. On another occasion after he won 5 million he reportedly tipped a cocktail waitress $125,000 so she could pa off the mortgage on her home.
Arbitrage betting, deceptively advertised as no-risk or risk-free betting, is a special case of betting on events offered by betting websites which is not gambling but rather an unusual investment practice.
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