Instruct: Given a question, retrieve relevant passages that can help answer the question.
Query: What is the largest amount of money ever won at a casino?
William Lee Bergstrom (1951– February 4, 1985 born in Austin, Texas) commonly known as The Suitcase Man or Phantom Gambler, was a gambler and high roller known for placing the largest bet in casino gambling history at the time amounting to $777,000 ($2.36million present day amount) at the Horseshoe Casino, which he won.[1] Bergstrom returned to the Horseshoe three years later in 1984 and placed several additional bets, including a $1 million bet ($2.41million present day value) which he lost.[1] This bet remains as one of the largest bets ever placed against a casino.[2]
Finishing Round 5 meant the contestant would begin again at Round 1. There was no limit on the amount of money someone could win which theoretically meant someone could win more than a million pounds, the top prize of "Who Wants to Be a Millionaire?", although no contestant ever won anywhere near this amount of money.
The Portmarnock Professional Tournament was a golf tournament played in Portmarnock, Ireland. The event was held just once, in 1910, and had total prize money of £250, provided by the Portmarnock club. The tournament was won by James Sherlock who beat Harry Vardon 2&1 in the 36-hole final. The prize money was reported to be the largest amount ever for a professional tournament promoted by a golf club.
Low taxes have drawn many foreign companies to Monaco and account for around 75% of the $5.748 billion annual GDP income in (2011). Similarly, tourism accounts for close to 15% of the annual revenue, as the Principality of Monaco also has been a major center for tourism ever since the famed Monte Carlo Casino, which was established in 1856. The casino is alluded to in the ABBA song "Money, Money, Money".
In his first year of using the martingale, Andruet won a lot of money and played increasingly often in casinos around the world, both out of enjoyment for the game and for the financial opportunities on offer. He drew attention to himself through his provocative personality and ended up on casinos’ radars. He was ultimately banned from casino blackjack, being referred to as the “Demon of the Game”. Unable to play blackjack, he switched to roulette. However, his exceptional memory and mathematical abilities did not give him an advantage in roulette, and he lost much more than he won. His friends tried in vain to dissuade him from playing. In order to sustain his lifestyle, he started consuming and selling drugs, including heroin and cannabis. This led to the large amount of money won at blackjack rapidly evaporating, and he entered into the vicious cycle of gambling addiction. He spent more money than he had, took out loans that he could not repay, was banned from holding a bank account (known as "interdit bancaire" – literally “bank-barred” – in France), became homeless, and his lifestyle became increasingly chaotic and vulnerable.
Technically, every player may be offered comps, but most casinos require players to have played for a given period of time and play at a certain level, i.e., the duration of play and amount wagered are directly proportional to the level of expected comps. What games are played are also factors. Casinos award comps based on a player's Average Daily Theoretical loss, also known as ADT, theoretical loss, or "theo" for short. The theoretical loss is the amount of money a player is expected to lose based on the long run statistical advantage the casino has on the particular game being played.
Money laundering is typically composed of three phases: placement, layering and integration. The first phase, placement, occurs where illicitly acquired funds are put into the legitimate economy. This often occurs at a financial institution and is achieved by breaking large sums of cash into smaller amounts before making deposits into various bank accounts. Layering occurs where the money launderer moves the illegal funds through a serious of often complex transactions in an effort to disguise the funds or make the tracing of the origin of the funds as difficult as possible. The third and final phase, integration, involves using the funds in legitimate transactions such as the purchase of a business, real estate, investments or luxury items. With placement and integration money launderers will take steps to hide not only the illegal source of the funds but also their identity to prevent being linked to the illicit activities that resulted in the generation of the funds in the first place.
Money launders may use various methods to target casinos. A common method is for a launderer to buy-in at a casino with cash from criminal activities, play with ony a small amount of money, and then cash-out requesting a cheque. The money launderer will then claim the funds from the casino are "winnings". Casinos may address this specific risk through a number of controls including: not offering cheques; only offering cheques where they can confirm the funds in question are in fact winnings; or, clearly branding cheques either the "return of buy-in funds" (in other words confirming the funds are not winnings) or "verified win"(only issued where the casino has tracked the player and can confirm the funds are in fact winnings).
Set in a virtual Las Vegas casino, players create profiles and are given a set amount of virtual money. A player can then visit any part of the virtual casino and wager their virtual money as they could in a real casino.
There were 5,619 entrants to the main event. Each paid $10,000 to enter what was the largest poker tournament ever played in a brick and mortar casino at the time. Many entrants won their seat in online poker tournaments. 2004 Main Event champion Greg Raymer finished in 25th place in his title defense.
Gottesman and Sullivan were surprised by the amount of money lost on the hotel and on expensive headliner entertainment, while the resort suffered from poor revenue on its table games and only minimal success from the Arabian Room. Managers of the Sands Hotel and Casino leased the showroom and casino for a short time, but were unable to make it a success. By August 1955, Gottesman was prepared to sell the resort as he had become upset with the large amount of his own money that he had to spend to keep it operational. The casino was closed briefly for a lack of business.
Prior to 2003, the tournament format was a Limit Hold'em tournament, but in 2004, No-Limit Hold'em became the standard. The 2006 tournament, with 1,232 entrants, was the largest field ever for the event. Since its inception, with the exception of 2008, the Casino Employees event has started on the first day of the WSOP. Much of the drama encountered at the Casino Championship often involves informal rivaliries between dealers and proposition players. Proposition players are people hired to play poker, with their own money, at casinos to get games started or to ensure that they do not die out. Thus, while both the prop and dealer are casino employees, they sit on opposite sides of the table.
The story mode tells the tale about this gambler who comes to the casino with $1000 where he meets the casino's cashier. She exchanges his hard currency for gambling chips and the game begins. As the gambler, the player must make a certain amount of money in order to progressively gain access to the high roller rooms. These additional rooms are where casino patrons are permitted to wager more money.
Another type of suspicious activity is related to money laundering, where a casino patron may put large amounts of money in play, but gambles very little before cashing out.
Even if the game were run honestly, the mathematical nature of the razzle board makes it entirely unlikely that a player would ever win before running out of money, or that the prizes won would ever equal the amount of money spent chasing them.
Casinos in the United States say that a player staking money won from the casino is "playing with the house's money".
There were 839 entrants to the main event. Each paid $10,000 to enter what was the largest poker tournament ever played in a brick and mortar casino at the time. Many entrants, including the overall winner Chris Moneymaker, won their seat in online poker tournaments. The 2003 Main Event was the first tournament to pay out at least $2,500,000 to the winner. Dan Harrington made the final table and looked to win his second Main Event championship, but fell short in third place.
Some public voices oppose the current practice of government. One reason for the opposition comes from the fact that the Bureau of Indian Affairs grants tax-payer money to tribes for economic development purposes. Some tribes take that money and use it to create casinos and other gaming establishments. Certain citizens reject the idea of using tax payer money to build tax-exempt tribal casinos which generate tax-exempt revenues. Another complaint from other U.S. citizens is the negative effects casinos have on nearby neighborhoods. They argue that casinos increase the amount of traffic, pollution, and crime. As a result, cities find themselves paying the cost of dealing with these issues.
In marketing the WSOPE, Harrah's Casino did not rely upon the reputation of Harrah's or the WSOP alone. On July 5, 2007, Harrah's announced its alliance with England-based Betfair, one of the largest online gaming companies in the world. The agreement builds on Betfair's European reputation in advertising the WSOPE while creating the largest agreement between a web-based and brick-and-mortar casinos. Due to changes in U.S. laws, effective in 2007, the WSOP could no longer accept money from online gambling companies. This prevented the WSOP from acknowledging WSOP qualifiers from online events. The WSOPE is not bound by this limitation. The United Kingdom Gambling Act of 2005 allows for legal regulated online poker sites. Furthermore, as the laws that govern the age of gambling differ in England than the U.S., the WSOPE admits younger players. In 2007, four of the five finalists at the first event of the WSOPE had won bracelets. Thomas Bihl, however, outlasted each of them to claim the first-ever WSOPE bracelet. No previous bracelet winners played at the second final table; Dario Alioto won the bracelet. Annette "Annette_15" Obrestad, became the youngest player to win a WSOP bracelet event at age 18 years, 364 days in the final event of the tournament.
There were 631 entrants to the main event. Each paid $10,000 to enter what was the largest poker tournament (by prize pool) ever played in a brick and mortar casino at the time.
The 2014 election cycle saw the largest amount of dark money ever spent in a congressional election; the "New York Times" editorial board described 2014 "the greatest wave of secret, special-interest money ever." On the eve of the election, Republican-leaning dark money groups dominated, with $94.6 million in expenditures, exceeding dark money expenditures by Democratic-leaning dark money groups ($28.4 million), and by expenditures that could not be classified ($1.9 million). Karl Rove's dark money group Crossroads GPS alone spent over $47 million in the 2014 election cycle.
In the full swing of the crisis, Gerrie takes Barrie by bus to go to an old friend of his, Peter Aerts, aka "The Lumberjack", who is now a professional kickboxer to borrow a large sum of money. With this money he goes to a casino, where he places the entire loan on a single number at the Roulette table and wins. The entire group join him and although are unnaware of the origin of such a large amount of cash, are thrilled to have won against the odds. Gerrie however bets it all again, loses everything and promptly vanishes from the casino before the rest of the group discover what he has done. Then Rickert loses his Opel Manta as it gets picked up and towed away by the local authorities. Despite chasing it for a short distance with a small child's bicycle, the car is lost (except for a wheel that was secure to the kerbstone in an effort to prevent it from being removed.)
The hotel's opening was delayed by 85 days, largely as a result of inclement weather and industrial disputes. This delay meant that the hotel and conference centre was not available during the early stages of the America's Cup race, necessitating refunds to overseas visitors. Although the 417-room Burswood Island Hotel opened its doors to the public on 4 October 1987, the hotel's management reportedly allowed one of the casino's highest rollers to stay there a day early, during which time he won A$1.4 million, which was believed at the time to be the highest amount ever won by an individual in an Australian casino.
Examples of near money are as follows:Over the past three centuries what has been accepted by the public as money has been expanded from gold and silver coins to include first bank notes and then bank deposits subject to transfer by check (cheque). Until recently, most economists would have agreed that money stopped at that point. No such agreement exists today, and the definition of money appropriate to present circumstances is debated. Since the 18th century, economists have known that the amount of money in circulation is an important economic variable. As the theories became more carefully specified in the 19th and early 20th centuries, they included a variable called the money supply. 
"What is an acceptable enough medium of exchange to count as money? It has ever changed and will continue to change over time"
Marge prays in the middle of the casino which attracts a huge crowd. The casino lets Homer go because Marge was causing a "disturbance" that hurt business. The owner tells them they can even keep the money they won, but are banned from ever entering the casino again. Homer refuses and demands the casino stop treating people who count cards like they're cheating when all they're doing is playing by the rules. He is then thrown out by a robot.
All casinos and most home games play poker by what are called table stakes rules, which state that each player starts each deal with a certain stake, and plays that deal with that stake. A player may not remove money from the table or add money from their pocket during the play of a hand. In essence, table stakes rules creates a maximum and a minimum buy-in amount for cash game poker as well as rules for adding and removing the stake from play. A player also may not take a portion of their money or stake off the table, unless they opt to leave the game and remove their entire stake from play. Players are not allowed to hide or misrepresent the amount of their stake from other players and must truthfully disclose the amount when asked.