Quote:
Originally Posted by Poker_Tiger
Same reason why professional poker players play pit games and
gamble on sports. Because they are degens. I know many poker
players who crush poker but have lost tons playing baccarat.
Baccarat is a hell of a drug.
This is closer to the truth. I've known Archie since his early days in California. We first met in a bar in South L.A. where I was hustling five and ten dollar pool. He challenged me to play him for $50, one game of Eight Ball. That was a big bet in the late 60's and early 70's. I was afraid he might be a strong player but i had to find out. So we played one game and I won fairly easily. Then he quit, just like that. Years later he told me he just wanted to see if he could make me nervous and he had. But I could still play pool when I was nervous, just had to concentrate more.
Like all of you I'm not sure of how much he was winners at one time, but he told me he was ahead 40 Mil at the top of his run. I do know that we had a long conversation outside the Cue Club one day back in the mid 90's. He said he had settled with the IRS for four million and still had 17 Million locked up in cages in Vegas. Most was at Binions where at one time he had all their 5K chips. Jack had to buy back chips from Archie for his other high rollers. But he read off a list of strip casinos where he had millions in the cages. As I recall, it was Bellagio, Caesars, the Mirage and one or two more where had a few Mil at each one.
I advised Archie to invest 10 Mil with the same Beverly Hills investment counselor my father was using. This guy only handled million dollar plus accounts. My dad was consistently earning 10% on his money every year. That way Archie would still have 7 million to play with, plus an income of over 80K per month. He refused. Archie didn't trust anyone! Years later when he was short on money he told me he should have listened to me.
Archie did buy a nice property in Greece for his parents, but proceeded to go off for most of the money he had won playing Baccarat. Almost every casino had banned Archie from playing Dice. One of the very few men to ever be banned from playing that game who were not cheats. I think only Caesars would still let him play, but with low limits. Too low for Archie.
What Archie learned how to do was control one die. While one die was bouncing along, the other one was sliding into the wall. This skill was enough to give Archie an edge. If he needed a big number like nine or ten, to be able to slide a six out there was strong. If he needed a small number like four or five, to be able to slide a one was equally strong. This was key to his huge winnings. Semi legal but he got away with it for a long time.
I know the whole story (and so does Ray Zee) about how his run started and who he played poker with and beat. He did have trouble beating Johnny Chan and Chip beat him at Stud a time or two. But pretty much everyone else went down and no one could beat him at Lowball (2-7) or Razz, his favorite games. His run started with a million dollar score playing pool and he won another three million playing heads up poker. When he got ahold of four million he went after Binions playing Dice. I asked him once how much he wanted win and he told me he wanted to win the whole casino! That was how his mind worked.
Since then Archie has had several "starter" bankrolls of a few hundred thou to a million or so, and he still dreams of making another big score. But those days are over. He's in the Casino Black Book and banned just about everywhere. I'm sure his picture is on file with every casino in North America, Indian ones included.
Last edited by Toupee Jay; 05-08-2021 at 01:57 AM.