Kerry Packer Tribute

Kerry Packer

Gambling Legend Kerry Packer

The Gambler That Was Larger Than Life!

We know the house always wins, right? The reason they always win is that there is an advantage for them built into any game you play. But more than that, they simply have a bigger bankroll and can weather any storm or winning streak you might throw at them.

But wait… do you know what puts the fear of God into any casino executive… it’s a ‘Whale’! We talk about whales and high rollers but really there are only a few true whales out there that can shake the timbers and threaten to bring the house down like no other. One of those was the late great Kerry Packer from Australia.

Kerry Packer exploits are legendary! Like the High-Limit Room rumors of this gambling behemoth signing several markers one night for at least 6 million while sitting in one of Vegas’ finest casinos…

Now that’s not going to put the house in jeopardy but it’s reported that Kerry Packer would play in the $500 to $1,000 per hand range until he was winning then up his bets to as much as $300,000 a hand in Baccarat. He was also fond of Blackjack and wasn’t shy about betting millions then quitting while he was ahead. Some called him “Hit and Run Packer”.

He was far more than that though, he was splash and style and lit up a room like no other when he entered and something more; he was a man of no fear. It’s been reported and corroborated by many that an obnoxious oil millionaire from Texas was running his mouth flappers at the table one night and  Kerry Packer was annoyed with him. He asked the man to tone it down a bit and the man just got more abrasive, going on to say to Kerry Packer… “You know who I am partner? I’m worth $60,000,000!”

Kerry Packer was quiet for a moment then pulled out a coin and said,

“I’ll flip ya for it”

One New Years Eve in the mid nineties he shook up the Las Vegas Hilton by winning over nine million dollars at $150,000 per hand. The casino missed its profit projection and no one got bonuses, it’s even said some heads rolled. But that night he tipped the dealers over a million dollars and tipped a lounge singer $100,000.

It was his money and he’d damn well do as he pleased with it. That included yearly charitable contributions that paled his occasional casino losses, like the millions Kerry Packer donated to a children’s hospital.

It’s said, though neither the casino nor Kerry Packer would confirm or deny it, that Aspinalls closed its doors in May 1990 due to one of his winning streaks with monster sized wagers. Stories vary in the media about his crushing session at the MGM in 1995. But the high and low end of it confirm that between seven and twenty hands he brought down at least twenty million dollars and at most twenty six million.

What about online gambling? We don’t really have a way to know what goes on because the real high rollers don’t normally post winning screenshots and they don’t make a splash when they come into the casino. If you are a ‘casino whale’ you probably already know how to get the most out of your experience.

If you’re a high roller of a lesser magnitude we might have some suggestions for you. You’re not going to get a car or a suite or a spa treatment, and the casinos can’t introduce you to someone for a dinner date and companionship, at least that we know of.

But some will send you chocolates and brandy or scotch and show tickets… but it’s just not the same. To get your full value as a high roller it’s really necessary to do some leg work an research and make certain you are playing at a quality online casino property that will not only pay your winnings in a timely manner but will actually be there for you when you have a losing session or two.

If you’re a true ‘whale or high roller’, we suggest that before depositing you contact customer service or the manager and let them know you plan to give them some serious coin. Ask them to consider back-dating your VIP status to your first deposit after you have shown them you are a serious player. Ask what their very best VIP tier is and then negotiate for better comps, better rebates, and better bonuses.

You can also request table limits be raised for your account at some casinos. But be aware of some property’s maximum weekly and monthly pay out limits. Some casinos do not have limits and others may waive them for special VIP players such as yourself.

We can’t caution too much to always play within your means. Gambling can be an astounding thrill even in the comfort of your own home, but playing outside of your comfort zone can make for a less than good time. Regardless of your betting style please drop us a line or leave us a comment below anytime if you want personal recommendations for your particular situation. We’ll be able to introduce you to a casino that is just the right fit for you.

In closing; Please remember one of the famous quotes of Kerry Packer:

“I only gambled what I could afford to lose”

Kerry Packer was a mega whale and a gambling legend in his own time and even though he gambled such vast amounts, he did manage to keep his gambling under control and within his own predetermined budget. Although his budget was larger than any other known gambler at the time.

As most of us gamblers know, there is never any limit as to how much we can win or lose while gambling, and one of the single most impressive attributes of Kerry Packer was the fact that he was a gambler his entire life but he still managed to leave a vast fortune to his family upon his death. Packer never let gambling control or destroy his life as so many before and after him have. Always remember to gamble with your head and not with your emotions!

 

*More Gambling Legends and Their Stories!

Archie Karas

Archie Karas

Gambling Legend Archie Karas was a High-Roller, Poker Player and Pool Shark, who managed to make an astonishing amount of money in what became known as "The Run". After arriving in America Archie Karas took a job in a Los Angeles restaurant, which happened to sit right next to a bowling alley and pool hall. He honed his skills at pool...
Joseph Jagger

Joseph Jagger | Roulette Take Down II

Table five saw Joseph Jagger start with odd/even bets for an hour or two, eventually switching to center column and heavy on the 'odd'. He laid waste to over a thousand francs before moving to table three. He tipped the Croupier 500 while asking if it were advisable to bet heavy on '0' and bulk up all splits, neighbors and corners.
Joseph Jagger

Joseph Jagger | Roulette Take Down

When Joseph Jagger arrived on July 6, 1875 he was feeling trepidations, but any doubts were easily drowned by his determination to break the bank at Monte Carlo. At the age of 46 his productive years were almost behind him and he wasn't about to matriculate to a desk upstairs at the Mill or retire early only to wither in some dank corner of the...
Johnny Moss

Johnny Moss

Having chosen to go all out for gambling alone, Johnny Moss had it tough in the early years while searching for Oil rich poker games with big bankrolls. A roughneck job at Texaco presented Johnny with the long sought opportunity, and before long he was up with a fat bankroll. With a decent sized bankroll now, Johnny decided to give...
Doyle Brunson

Doyle Brunson

Brunson did not only create amazing strides playing professional poker, he also created amazing records in the field of poker writing. One of the most authoritative poker books "Super System: How I Made One Million Dollars Playing Poker", which was first published in 1978, is his work. The book unlocks the top poker winning secrets of...

 

Comments are closed.

SiteLock