The “Million Dollar Bum” Goes From Rags to Riches and Back Again

 


This one comes straight from Scoblete’s “100 Greatest Events in Casino Gaming” in Casino Player magazine.

As he tells the tale, Scoblete checked around at the Treasure Island Hotel & Casino in Las Vegas to obtain verification. Back in 1995, a man living on Las Vegas Boulevard—as in, literally living on the street—cashed in a $400 check issued by the Social Security Administration.

Instead of spending the funds on food or lodging, he took a shot at the TI blackjack tables.

Soon enough, a hot streak like no other saw the man stacking $1.6 million in chips.

Unfortunately, he failed to get out while the getting was good. Instead of buying himself a new home, the unlikely blackjack titan wound up losing every last penny back to the house.

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