| You are in: Programmes: High Stakes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| High Stakes: Winners and losers ![]() The 'Whales' These players are an elite group of high rollers being wooed by casinos across the world. The competition for the wealthy high-stake players is increasing among the casino operators. They are flown in private casino jets to Las Vegas, Melbourne and Asia and are put up in the resorts' most luxurious suites.
Packer is renowned for his enormous wins and losses at cards. Last year he was reported to have lost 20 million US dollars over the course of a weekend playing baccarat in Las Vegas. On meeting a Texan oil man worth $50 million, Packer is reputed to have asked him if he would toss for it. The 'Cheats' Casinos now spend a vast amount of money on their surveillance operation, desperate to weed out those who try to beat the system. As well as the cheats, there are those who use their skill quite legitimately who have also been banned. World memory champion and card counter Dominic O'Brien, for example, has been barred by many casinos.
The 'Winners'
Stuart Wheeler, multi-millionaire and chairman of the spread betting company, IG Group, is an extremely shrewd gambler. For him, gambling is an academic exercise where you make money by researching your subject and playing the odds.
In the 1997 General Election he won �30,000 betting on a Tory defeat. He recently donated them �5 million. The 'Losers' In 1965, footballers Peter Swan and David Layne bet �50 that Ipswich Town would beat Sheffield Wednesday (the team they played for). They did, 2-0. The case went to court. They were found guilty of "conspiracy to defraud", banned from English football for life and sent to jail for 4 months.
Peter Swan had played for England 19 times and may well have been included in the 1966 World Cup-winning England side...had he not placed a �50 bet on the other team winning. By the time their life-time ban was lifted 10 years later, their best playing days were over. Internet Links: | Top High Stakes stories now: Links to more High Stakes stories are at the foot of the page. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Links to more High Stakes stories |
![]() | ||
| ---------------------------------------------------------------------------------- To BBC Sport>> | To BBC Weather>> | To BBC World Service>> ---------------------------------------------------------------------------------- © MMIII | News Sources | Privacy |