Terrence Watanabe: the man who emptied 200 million in casinos

There are many dramatic stories associated with gambling. There have been cases where people have lost a fortune playing cards or roulette. However, there have also been the lucky ones who have become fabulously rich through gambling.

Our story is about an American man who had a passion for poker. This man’s name is Terrence Watanabe. He went down in history as the man who lost 200 million in casinos.

Terrence visited the casinos every night. In a single game, the American could lose several million. This did not discourage him at all. Watanabe was on his way to hitting the jackpot.

It was estimated that Terrence lost an average of 125 million a year. He could not be called a good gambler. Among other things, the man didn’t know how to stop in time. In other words, he was breaking the cardinal rule of gambling.

Terrence’s Watanabe early years

Terrence was born into a Japanese immigrant family. The future gambler’s father was a very enterprising man. So Watanabe Sr. set up a trading company. It brought him a solid income. Little Terrence grew up in luxury. The boy had been used to a lot of money since childhood. He was convinced he would never be poor.

In his youth Terrence began to be attracted to gambling. The American became a frequent visitor to the gambling houses. He was unlucky at cards. He could lose a large sum of money in an evening. By the way, Terrence perceived his fiasco stoically and never got upset.

His first losses

The man often went to Las Vegas. There he spent millions in casinos. One time, his losses exceeded $20 million. And that was just the beginning. Because in 2007, Terrence lost a lot more than that in poker – $127 million!

Casino employees said Mr. Watanabe was a very generous customer. He gave them fabulous tips. Terrence always parted with a smile and never regretted a loss.

Not surprisingly, with this way of life, the American was in debt. Watanabe had to start selling his assets little by little. The creditors took Terrence to court. He made the excuse that he had no money to repay his debts.

According to the gambler, the casino owners were trying to get their hands on him. They allegedly used fraudulent schemes to swindle him out of his money while he was gambling. In addition, Terrence accused the gambling houses of using drugs that make players lose vigilance and cause drowsiness. Of course, in this condition a person is no longer able to assess the situation soberly.

Reaction of the casino management

The owners of the casino denied any such accusations. They say Terrence is just a very bad poker player. That’s why he shouldn’t go to the casino at all.

It is not known for certain whether Mr. Watanabe goes to the casino or not. He may have taken a short break before his next trip to the gambling house. Either way, Terrence has already made a name for himself as the world’s most unlucky poker player. Thanks to the hero of our article, casinos have become rich by $200 million.