http://www.cnn.com/2004/SHOWBIZ/TV/04/08/people.bet.reut/index.html
Is it just me, or does anyone else think this is a really, really stupid thing to do?
Yeah, he’s a moron.
stoooopid
Dude is insane.
Betting literally everything on a single spin of the wheel, eh? Hm, sounds pretty foolproof to me; nobody ever walks away emptyhanded in Vegas, right? :rolleyes:
Seriously, though, he must have some sort of contingency plan. I don’t think they’d’ve agreed to make a reality show about a homeless man. Not without some kind of twist, at least; maybe they’ll offer him bikini-clad models or something. That’s certainly never been done before.
Ahhh, big whoop. People do this in Vegas every day.
Of course, it’s with a life savings bet of around 15 bucks, but it’s all the same…
If he loses, then what? The rest of the series is him wandering the streets and eating out of garbage cans? Well, at least the food will be better than fear factor.
I seem to recall a few years ago that a Texan? - who had never bet in his life - had been saving money for a rainy day. He had approximately $200,000 (I think) and he went to a casino just to have one bet to see what the fuss was. He bet - and won - never to be heard from again.
I have tried to Google it but have come up empty-handed. Maybe someone else will be able to find it 
actually that’s the best possible strategy you can possibly have. It’s when you play time after time that the house always wins.
Of course he’s an idiot but at least he’s smarter then people that go there and lose $5,000 every year and get all excited the one year they come back with an extra $1,000.
Yeah I recall that. He bet his whole life savings in one go and then left. The only reference I could find that sounded like it was:
from this site but I’m sure I read it as a news story.
And funnily enough if he lost it in a business venture or the stock market people would just shrug and go bad luck even though his odds are better than those of the average person starting a small business.
bacarrat > roulette
It rates right down there with the couple who sold their house and possessions to buy big jackpot lottery tickets, in the apparent belief that the size of their stake improved their odds.
They lost.
Yep, he’s a moron. A colorful, optimistic one, but still a moron.
He’ll come out ahead somehow. He’ll get some kind of deal if he loses and end up plenty happy.
Maybe he’ll host the next reality TV series.
I don’t know the odds on the games so you could be right.
This all reminds me of a gambling documentary I saw once where the casino owner went through all the games what the long term pay offs were and how every second you spent in a casino is a losing one.
He summed up by the end saying the smartest thing you can do is go in place one bet (I forget what game it was craps maybe) and walk out.
Maybe that guy saw the same documentary.
Doesn’t he get paid by the tv crew regardless of winning or losing? Or is that already included in his bet?
“Hi, I’m Ashley Revell, and welcome to this episode of Fricking Moron Challenge!”
It is a very dumb thing to do.
I’m sure it’ll be fixed so he’ll win though. Or they’ll give him the money back somehow.
According to the news story, he is not being paid for the tv show.
Even with Roullete, on a red and black only bet, you don’t even have a 50/50 chance. Your chances are worse because they have 0 green and 00 green in there too.
The best bet is to watch a BJ game, keep a decent track of the hi and low cards and when the + or minus count gets to where you want it nand they are deep into the shoe, place a bet behind a player who is playing strictly basic strategy. It’s the only time in a Casino you could find a situation where you know the odds are something better than 50/50.