Archie Karas, born Anargyros Karabourniotis in Greece in 1950, is one of the most famous and controversial gamblers in history. He is mostly known for his incredible hot streaks at the craps tables, which have earned him millions of dollars and a place in gambling folklore.
Karas arrived in Las Vegas in 1992 with just $50 in his pocket. He was determined to turn his luck around and started playing high-stakes poker and pool. However, it was his incredible run at the craps tables that made him a legend.
Karas’ most famous hot streak began in December 1992 when he won $1 million playing high-stakes poker at the Mirage Casino. He then took his winnings to the craps tables and started placing huge bets on the pass line and the come line. Over the next three years, he went on an incredible run, winning over $40 million in total.
Karas’ success at the craps tables was due in part to his high-risk playing style. He would often bet everything he had on a single roll of the dice, and his incredible luck meant that he won more often than not. However, he was also a skilled player who knew the odds and was able to make calculated bets that paid off.
Despite his incredible success, Karas’ gambling career was not without controversy. He was known for his volatile temper and his tendency to gamble away his winnings. He reportedly lost all of his winnings in a high-stakes baccarat game in 1995, and he has also been arrested for cheating at blackjack.
Despite these setbacks, Karas remains a legend in the gambling world. He is known for his incredible hot streaks and his high-risk playing style, which have inspired other gamblers to take risks and chase their dreams. While his gambling career has had its ups and downs, there is no denying that Archie Karas is one of the most famous and iconic gamblers of all time.