4/15/2022

Roulette Wagers

52

One of the greatest roulette stories of all time belongs to Ashley Revell. The Kent, England, native sold all of his possessions in 2004 to accumulate enough money for a giant roulette bet.

Description of Different Roulette Bets The Inside Bets Any bet that takes place on the inside part of the table. More frequently referred to as the number grid. Tables will have minimum wager requirements that must be adhered to. Let's say the table minimum is $5. You can make several types of wagers on a roulette table, which is basically a 3-column chart that lists the 36 numbers on the wheel. The types of wagers are grouped into 2 categories: Inside bets are wagers placed on specific numbers on the table.

This included selling his house, car, clothes, and other belongings to build his bankroll. Once the fire sale was over, the 32-year-old had earned $135,300 (£76,000).

Roulette wagers online

The sheer notion of selling everything you own just for a single roulette bet sounds crazy. But there was a method to Revell’s madness.

Roulette Bets And Payouts

His story was being documented by the UK’s Sky One Channel, which later turned it into an episode of the miniseries Double or Nothing. Revell’s tale would also be part of an E!documentary called THS Investigates: Vegas Winners & Losers.

Roulette

The next step for Revell involved finding a casino that would actually accept his $135,300 wager. Las Vegas’ Plaza Hotel & Casino agreed to take the risk, which set the stage for Revell’s biggamble.

Roulette

The only problem with choosing Plaza is that they feature an American roulette wheel, which carries a 5.26% house edge. As I explained earlier, both French and European roulette offer strongerodds to win.

Nevertheless, Revell was undeterred and traveled to Las Vegas anyways. He placed $135.3k on red as part of a red/black wager (1:1 payout) and waited in anticipation while the wheel spun.

The ball landed on the red 7 pocket, which sent Revell off into a big celebration. He doubled his money and collected $270,600 in total.

The Brit later started an online poker site called Poker UTD, which folded in 2012. Today, he owns the site iGaming Recruitment, which matches job applicants with casino businesses.

Roulette Wagers

As for whether or not he’ll ever try something like this again, Revell seemed opposed at the time. But he certainly enjoyed the experience.

“That was just the most amazing experience I have ever had in my life. The first thing I am going to do is buy some new clothes, some sunglasses, obviously!”