What’s The Biggest Bet Ever Placed?

What is the biggest bet to ever be made? Well, we would love to tell you. That one bettor has placed a $5.9 million bet. We may all visit casinos for the sole purpose of winning money; however, how much are you willing to bet to make a large profit? While you think about that, there are some players who are willing to spend thousands of dollars or more on a single bet.

Yep, some bets have been so large that they have left us shocked to this day. And the 5.9-million-dollar bet is not the only big bet that has been placed before. There are plenty of other players who have made ridiculously large bets, and we share those stories with you here. But before we get started, we would like to clarify something first.

There are a few things to consider when it comes to tracking down the biggest bet ever to be made. Things such as currency, the value of the bet, as well as the location are important.

This aspect of betting, as well as the betting form, will affect the betting amount. Without wasting any more time, let’s look at the biggest bets ever to be placed; you may want to sit down for this.

 Biggest Bet to be Placed

5 Of the Biggest Bets Made in History

Below are the five biggest bets to be placed at casinos.

1.    Kerry Packer – $100 million

Kerry Packer, a major bettor, and Australian media mogul sought to place possibly the largest wager ever when he met a brazen Texas tycoon who brazenly declared his worth of $100 million in an attempt to impress Packer. The displeased billionaire offered the Texan the chance to bet the entire $100 million on a coin flip, but he politely (and sensibly) rejected! This bet was made, but Packer has spent $2 million betting on his horse, among numerous another big bet. However, he did lose $7 million to the relief of bookers.

2.    Floyd Mayweather – $5.9 Million

One of the world’s most prolific sports bettors is Floyd “Money” Mayweather, often placing six-figure wagers on whatever he can get his hands on. His $5.9 million betting overshadowed his highest bets on the Miami Heat to beat the Indiana Pacers in the NBA finals in 2013. He made $6.49 million in profit from this big bet. Mayweather is no stranger to the bookies, one of his largest wins was $600,000.

3.    The Anonymous Political Punter -$1.2 million

The 2014 Scottish Independence Referendum in the United Kingdom was one such political event that drew attention. One courageous anonymous tipper staked $1,235,000 (£900,000) on a poor outcome. After Scotland’s population confidently said ” no, ” the punter won $265,000 (£193,000) after Scotland’s population confidently said “no.” The bettor attempted to bet on a hung parliament in the next election, putting their earnings on the outcome. This would-be analyst was stopped in his tracks by the SNP’s landslide victory, proving that political certainty does not exist, especially when relying on the sentiments of the entire people of a country.

4.    Billy Walters – 3.5 million

Billy Walters began his career with McMackin Auto Sales in Louisville, where he sold used cars. Walters was also active in sports betting, and in 1981 he decided to leave his job as a car dealer and pursue a career as a professional gambler.

He immediately started winning big, turning $2 million into $3.8 million at the Golden Nugget Casino after discovering a bias on one of the roulette wheels.

When Walters approached his bookmaker and sought to put a $3.5 million wager on the New Orleans Saints in Super Bowl XLIV, his bookmaker should have been concerned. When the Saints defeated the Indianapolis Colts 31-17 in the Super Bowl for the first time, he won the bet.

5.    Phantom Gambler – $777,000 Bet

The Suitcase Man is another bettor who placed the largest wager. William Lee Bergstrom, sometimes known as the Phantom Gambler. On September 24, 1980, he flew to Las Vegas and checked two luggage into Binion’s Horseshoe Casino. One was empty, but the other was stuffed with $777,000 in cash.

Binion’s had a policy at the time of honoring any bet if it was the bettor’s first stake at the casino. Bergstrom had never been to the casino before, but he accepted Benny Binion’s offer and put the entire $777,000 on the Don’t Pass line of a craps table. Bergstrom’s wager paid off when the shooter established a point of six and then seven out inside two rolls.

In 1984, Bergstrom went to the casino and played on the Don’t Pass Line, which he won again. This time the wager was worth $538,000, and as a result of his triumph, he treated his mother to a concert by Willie Nelson. He even added to his pot by winning another $117,000 on extra craps wagers.

In November of that year, his luck finally ran out. He came to Binion’s with $550,000 in cash, $140,000 in gold, and $310,000 in cashier’s checks in his suitcase. Bergman chose the Don’t Pass line once more, but the shooter threw a seven on the come-out roll, costing him $1,000,000.

Biggest Bets Made in Sports

These are the biggest sports bet to be made and won.

  1. $2.5 Million Kansas City Royals Future Bet – Vegas Dave spread his money across 15 casinos and placed the same bet across all gambling establishments. His bet on the Kansas City Royals to win the World Series at 30 to 1 won him 2.5 million.
  2. $1,2 Million on the Tiger Woods Master Bet – James Adduci placed an $85,000 bet on Woods in 2019 with 14-1 odds and won $1.2 million when Tiger Woods on the 2019 Masters.
  3. $800,000 New England Patriots Super Bowl Bet – Charles Barkley placed a $500,000 bet on New England Patriots to win the Super Bowl in 2002, and they indeed won, leading to a hefty payout for Barkley.
  4. $560,000 Baltimore Ravens Super Bowl Future -a Phil Mickelson on the Baltimore Ravens placed $20,000 bet to win the Super Bowl at 22-1 odds.
  5. £200,000 Leicester City Premier League Future – Leigh Herbert placed a £100 bet and walked away with £200,000 on 5000-1 underdogs bet on Leicester City.

Play Casino Games Online

If you want to place large bets, you should consider playing online. While most casinos have a minimum deposit, contact the casino if you want to be a high roller. They will enroll you in their high roller program (terms and restrictions apply), allowing you to wager huge amounts. However, remember to gamble responsibly. The last thing you want to do is risk everything you own and lose everything. Gambling can be unpredictable, so proceed with caution. Aside from that, best of luck. Making million-dollar wagers is a risky business, so we hope you can afford it!

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