{"id":30479,"date":"2021-11-17T13:51:26","date_gmt":"2021-11-17T13:51:26","guid":{"rendered":"https:\/\/www.bestusacasinosites.com\/?p=30479"},"modified":"2021-11-23T08:47:40","modified_gmt":"2021-11-23T08:47:40","slug":"who-lost-the-most-money-gambling","status":"publish","type":"post","link":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/","title":{"rendered":"Who Lost the Most Money Gambling?"},"content":{"rendered":"

Margaret Cooper<\/a> | November 17, 2021 | Updated on: November 23rd, 2021<\/p>

Terrance Watanabe is a gambler who is known to have lost the most money gambling. Watanabe spent $835 million over a year playing baccarat and blackjack at Las Vegas casinos. He ended up losing $127 million, which became the biggest losing streak recorded in Las Vegas. Unfortunately, his obsession with gambling has landed him in debt, and to this day, he still owes $15 million.<\/p>\n

Watanabe is not the only gambler who managed to lose a lot of money while gambling. There have been some unlucky players over the years. Below we list the other four that also lost a lot of money because of gambling.<\/p>\n

\"most<\/p>\n

Archie Karas – $40 Million<\/h2>\n

Known as the most famous gambler, Archie Karas lost $40 million because of reckless betting decisions. Karas had been on a winning streak while playing poker, baccarat, and dice games when he won the $40 million over time. He lost the money over three weeks. When Karas started his winning streak, he had gone to Las Vegas with only $50 and borrowed $10 000 from friends.<\/p>\n

Charles Barkley – $30 Million<\/h2>\n

Charles Barkley is an NBA All-Star who was a known high roller because of his money when playing blackjack. He once admitted that he lost $2.5 million while playing a single session of blackjack. However, to lose $30 million, he played other games such as baccarat, roulette, and dice. Barkley was not playing for winning but for the thrill of it all.<\/p>\n

Harry Kakavas – $20.5 Million<\/h2>\n

Henry Kakavas, a former Australian billionaire, is one gambler who did not mind spending money on gambling. He has managed to spend $1.43 billion on this activity. He lost $20.5 million in two years while he was playing at Crown Casino in Melbourne. He knew that he had a problem and excluded himself from gambling at Crown. However, he ended up going to the tables in Las Vegas.<\/p>\n

Maureen O\u2019Connor – $13 Million<\/h2>\n

Working as the mayor of San Diego, Maureen O\u2019Connor amassed a loss of $20 million from gambling. However, this can be considered a not so bad loss when comparing it to how much she spent on gambling. She had spent $1 billion and got some of the money from a charitable foundation under her second husband.<\/p>\n

Most Money Lost Gambling Conclusion<\/h2>\n

If you are a gambler, you will know that you don\u2019t always win whether you play online or in land-based casinos. However, as a responsible gambler<\/a>, you will know when to limit your gambling and how much you spend on it. You should always think about gambling as a way to entertain yourself and not make money. In that way, you don\u2019t end up chasing your losses and losing even more money than you have.<\/p>\n","protected":false},"excerpt":{"rendered":"

Margaret Cooper | November 17, 2021 | Updated on: November 23rd, 2021Terrance Watanabe is a gambler who is known to have lost the most money gambling. Watanabe spent $835 million over a year playing baccarat and blackjack at Las Vegas casinos. He ended up losing $127 million, which became the biggest losing streak recorded in […]<\/p>\n","protected":false},"author":6,"featured_media":30485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,67,153],"tags":[],"yoast_head":"\nWho Lost the Most Money Gambling? \u2013 Biggest Gambling Losses<\/title>\n<meta name=\"description\" content=\"Who Lost the Most Money Gambling? Find out about the gamblers who lost the most money while gambling at various casinos.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Who Lost the Most Money Gambling? \u2013 Biggest Gambling Losses\" \/>\n<meta property=\"og:description\" content=\"Who Lost the Most Money Gambling? Find out about the gamblers who lost the most money while gambling at various casinos.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/\" \/>\n<meta property=\"og:site_name\" content=\"Best USA Casino Sites\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-17T13:51:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-23T08:47:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"321\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Margaret Cooper\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Margaret Cooper\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/\"},\"author\":{\"name\":\"Margaret Cooper\",\"@id\":\"https:\/\/www.bestusacasinosites.com\/#\/schema\/person\/b790273ae3956e3b1bc483b1390e247c\"},\"headline\":\"Who Lost the Most Money Gambling?\",\"datePublished\":\"2021-11-17T13:51:26+00:00\",\"dateModified\":\"2021-11-23T08:47:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/\"},\"wordCount\":450,\"publisher\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png\",\"articleSection\":[\"Casino News\",\"Gambling News\",\"Responsible Gambling\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/\",\"url\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/\",\"name\":\"Who Lost the Most Money Gambling? \u2013 Biggest Gambling Losses\",\"isPartOf\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png\",\"datePublished\":\"2021-11-17T13:51:26+00:00\",\"dateModified\":\"2021-11-23T08:47:40+00:00\",\"description\":\"Who Lost the Most Money Gambling? Find out about the gamblers who lost the most money while gambling at various casinos.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#primaryimage\",\"url\":\"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png\",\"contentUrl\":\"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png\",\"width\":500,\"height\":321,\"caption\":\"most money lost gambling\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.bestusacasinosites.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Who Lost the Most Money Gambling?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bestusacasinosites.com\/#website\",\"url\":\"https:\/\/www.bestusacasinosites.com\/\",\"name\":\"Best USA Casino Sites\",\"description\":\"Best USA Casino Sites\",\"publisher\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bestusacasinosites.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.bestusacasinosites.com\/#organization\",\"name\":\"Best USA Casino Sites\",\"url\":\"https:\/\/www.bestusacasinosites.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.bestusacasinosites.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2024\/03\/footer-logo.png\",\"contentUrl\":\"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2024\/03\/footer-logo.png\",\"width\":323,\"height\":68,\"caption\":\"Best USA Casino Sites\"},\"image\":{\"@id\":\"https:\/\/www.bestusacasinosites.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.bestusacasinosites.com\/#\/schema\/person\/b790273ae3956e3b1bc483b1390e247c\",\"name\":\"Margaret Cooper\",\"url\":\"https:\/\/www.bestusacasinosites.com\/author\/margaret\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Who Lost the Most Money Gambling? \u2013 Biggest Gambling Losses","description":"Who Lost the Most Money Gambling? Find out about the gamblers who lost the most money while gambling at various casinos.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/","og_locale":"en_US","og_type":"article","og_title":"Who Lost the Most Money Gambling? \u2013 Biggest Gambling Losses","og_description":"Who Lost the Most Money Gambling? Find out about the gamblers who lost the most money while gambling at various casinos.","og_url":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/","og_site_name":"Best USA Casino Sites","article_published_time":"2021-11-17T13:51:26+00:00","article_modified_time":"2021-11-23T08:47:40+00:00","og_image":[{"width":500,"height":321,"url":"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png","type":"image\/png"}],"author":"Margaret Cooper","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Margaret Cooper","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#article","isPartOf":{"@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/"},"author":{"name":"Margaret Cooper","@id":"https:\/\/www.bestusacasinosites.com\/#\/schema\/person\/b790273ae3956e3b1bc483b1390e247c"},"headline":"Who Lost the Most Money Gambling?","datePublished":"2021-11-17T13:51:26+00:00","dateModified":"2021-11-23T08:47:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/"},"wordCount":450,"publisher":{"@id":"https:\/\/www.bestusacasinosites.com\/#organization"},"image":{"@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png","articleSection":["Casino News","Gambling News","Responsible Gambling"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/","url":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/","name":"Who Lost the Most Money Gambling? \u2013 Biggest Gambling Losses","isPartOf":{"@id":"https:\/\/www.bestusacasinosites.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#primaryimage"},"image":{"@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png","datePublished":"2021-11-17T13:51:26+00:00","dateModified":"2021-11-23T08:47:40+00:00","description":"Who Lost the Most Money Gambling? Find out about the gamblers who lost the most money while gambling at various casinos.","breadcrumb":{"@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#primaryimage","url":"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png","contentUrl":"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2021\/11\/most-money-lost-gambling.png","width":500,"height":321,"caption":"most money lost gambling"},{"@type":"BreadcrumbList","@id":"https:\/\/www.bestusacasinosites.com\/who-lost-the-most-money-gambling\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.bestusacasinosites.com\/"},{"@type":"ListItem","position":2,"name":"Who Lost the Most Money Gambling?"}]},{"@type":"WebSite","@id":"https:\/\/www.bestusacasinosites.com\/#website","url":"https:\/\/www.bestusacasinosites.com\/","name":"Best USA Casino Sites","description":"Best USA Casino Sites","publisher":{"@id":"https:\/\/www.bestusacasinosites.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bestusacasinosites.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bestusacasinosites.com\/#organization","name":"Best USA Casino Sites","url":"https:\/\/www.bestusacasinosites.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bestusacasinosites.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2024\/03\/footer-logo.png","contentUrl":"https:\/\/www.bestusacasinosites.com\/wp-content\/uploads\/2024\/03\/footer-logo.png","width":323,"height":68,"caption":"Best USA Casino Sites"},"image":{"@id":"https:\/\/www.bestusacasinosites.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.bestusacasinosites.com\/#\/schema\/person\/b790273ae3956e3b1bc483b1390e247c","name":"Margaret Cooper","url":"https:\/\/www.bestusacasinosites.com\/author\/margaret\/"}]}},"_links":{"self":[{"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/posts\/30479"}],"collection":[{"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/comments?post=30479"}],"version-history":[{"count":1,"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/posts\/30479\/revisions"}],"predecessor-version":[{"id":30487,"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/posts\/30479\/revisions\/30487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/media\/30485"}],"wp:attachment":[{"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/media?parent=30479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/categories?post=30479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bestusacasinosites.com\/wp-json\/wp\/v2\/tags?post=30479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}