Next month, my dad will be celebrating his 80th birthday with my mom amid the high-octane thrills and glitter of Las Vegas. The smart money says they'll have a great time, as they have for the past fifty-seven years. Wish 'em luck! And wish Dad a happy birthday...in a month! Maybe some of that luck will rub off on the gaming tables or slot machines.
As for luck, it's hard to beat Archie Karas. Archie (born Anargyros Karabourniotis in 1950) is a Greek-American gambler famous for hitting Vegas with just fifty bucks and parlaying it into forty million. That's the largest and longest documented winning streak in history. The guy was golden. And just so you don't get the wrong take home lesson, Archie also lost it all. As my grandpa, a gambler in his own right, used to say, "Don't gamble if you're going to cry about it." My grandma, who never gave him the last word if she could help it, would add, "Easy come, easy go."
So how do you make a million in a Vegas casino? Easy. Start with two million.