Notorious Gambler Archie Karas Gets Probation

I made it, I lost it and like Frank Sinatra says, I stood tall and I took the punches and I did it my way." Archie Karas;

Archie Karas is the self-proclaimed king of gambling. He’s been around for a long time, playing, hustling, and getting by. He went from busto to robusto and back and it didn’t faze him too much, or so it seems. He says that what attracts him to gambling is the thrill of action and not the lure of money.

Karabourniotis has truly seen it all. Back in 1992, he drove to Las Vegas with $50 in his pocket (or at least that’s how the story goes) and went on a hot streak that ended up with him earning $40 million while playing poker, pool and pit games. According to another story, he also won all of the $5,000 denomination chips at Binions.

His streak came to an end in 1995. In the span of a couple of months, Karas was broke once again. Pit games, which accounted for most of his winnings, also marked his downfall. For Archie, however, this wasn’t the disappointment it would be to most people. Living the life of a gambler and riding the streaks of both good and bad luck was his thing. He was (and still is) living that same life, for better or for worse.

Last year, charges were brought against the Greek immigrant and after an abundant amount of evidence was presented in the form of casino surveillance footage, Karas pleaded guilty to a burglary charge. The notorious gambler clearly took the best play once again as, although he was potentially facing up to three years in prison, he got away with probation.

Money means nothing to me, I don't value it, I've had all the material things I could ever want. Everything. The things I want money can't buy: health, freedom, love, happiness." Archie;

A puzzling question is why someone who claims to have no regard for money would get himself in this situation for just a couple thousand dollars. However, if there is one thing I’ve learned over the years, it is that hardcore gamblers are a different breed and their view of the world is much different than that of non-gamblers or those who are not so hardcore.

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