A Story of Roulette<br />© www.Casino-Mate.com   2011<br />The men who broke the bank<br />
Joseph jagger<br />Joseph Jagger<br />Joseph Jagger found an error in a roulette wheel at Beaux-Arts Casino in Monte Carlo...
Joseph Jagger<br />Joseph jagger<br />Jagger made his bets accordingly and won an enormous amount very quickly. The next t...
Joseph Jagger<br />Joseph jagger<br />But Jagger remembered there was a slight etch on his “lucky” wheel. He located the w...
Joseph Jagger<br />Joseph jagger<br />Fortunately for Jagger, he realized that casinos did not take lightly to being beate...
Charles wells<br />Charles wells<br />Like Jagger, Wells was exceptionally lucky at roulette, though this wasn’t because h...
Charles wells<br />Charles wells<br />Using £4000 of money that he had defrauded from investors in a “musical jump rope” s...
Charles wells<br />Charles wells<br />Alas, Wells’ many deceitful acts eventually caught up with him. He was arrested and ...
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The Men Who Broke The Bank

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Joseph Jagger and Charles Wells were two very different men who shared one similarity: they did exceptionally well at the roulette table.

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The Men Who Broke The Bank

  1. 1. A Story of Roulette<br />© www.Casino-Mate.com 2011<br />The men who broke the bank<br />
  2. 2. Joseph jagger<br />Joseph Jagger<br />Joseph Jagger found an error in a roulette wheel at Beaux-Arts Casino in Monte Carlo in 1875.<br />After hiring some clerks to record the results of the different wheels, Jagger discovered that there was an error on one of the six wheels. The error record showed that a clear preference for nine of the numbers on the wheel (7, 8, 9, 17, 18,19, 22, 28 and 29). <br />
  3. 3. Joseph Jagger<br />Joseph jagger<br />Jagger made his bets accordingly and won an enormous amount very quickly. The next three days were good for Jagger: he amassed about £60 000. Fellow gamblers, attentive to his unusual success, starting following his bets and the casino was quickly facing a worrying outflow of its financial resources. To fend off Jagger, Beaux-Arts decided to rearrange all the roulette wheels.<br />
  4. 4. Joseph Jagger<br />Joseph jagger<br />But Jagger remembered there was a slight etch on his “lucky” wheel. He located the wheel, played on that table, and kept on winning. The casino decided to amplify its efforts and move the frets and metal dividers between the numbers every day. Without a knowledge of which precise numbers were biased for any particular day, Jagger began a volte-face losing streak<br />
  5. 5. Joseph Jagger<br />Joseph jagger<br />Fortunately for Jagger, he realized that casinos did not take lightly to being beaten at their own game and so he gave up, taking his net winnings of about two-million francs with him (that’s nearly £3.5-million by today’s standards). <br />Thanks to his impressive winnings, Jagger was able to retire from his regular job and managed to invest his money into property.<br />
  6. 6. Charles wells<br />Charles wells<br />Like Jagger, Wells was exceptionally lucky at roulette, though this wasn’t because he had discovered a flaw in the mechanics of the wheel. Wells good fortune was just a lucky streak, he would later admit.<br />Unlike Jagger, Wells had something of a reputation for being an unsavory character prone to deception, fraud, and cheating.<br />
  7. 7. Charles wells<br />Charles wells<br />Using £4000 of money that he had defrauded from investors in a “musical jump rope” scam, Wells went to Monte Carlo (the same casino as Jagger!) and broke the bank twelve times, winning one million francs. Wells’ system was the high-risk Martingale method, which advises that when a player loses a round that he doubles-up on his next bet.<br />
  8. 8. Charles wells<br />Charles wells<br />Alas, Wells’ many deceitful acts eventually caught up with him. He was arrested and extradited to New England, found guilty of fraud and sentenced to eight years imprisonment. He would later serve another three years for fraud and an additional five years for a financial scam in France. <br />In 1926, Wells died in Paris, alone, and, rather ironically, in complete poverty.<br />Please feel free to distribute and republish this document providing that all links contained herein remain intact ©www.Casino-mate.com<br />

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