Like all casino games, baccarat has had its fair share of legendary players who’ve become famous through both triumph and tragedy. And many people find the stories of these baccarat legends to serve as both helpful and cautionary examples for the game. That said, let’s take a closer look at some of the most famous baccarat players in history.
When the subject of baccarat legends comes up, Akio Kashiwagi is always one of the first names to surface. Kashiwagi was a Tokyo businessman reportedly worth $1 billion, and he earned most of this fortune through real estate. However, real estate wasn’t the only thing that Kashiwagi was interested in since he also had a big fascination with baccarat. Initially, the Japanese businessman was very successful at baccarat, having made millions of dollars playing the game. And a big reason for his massive profits was that he sometimes bet $200,000 a hand.
In fact, he was so fearless with his betting amounts that casinos throughout Las Vegas and Atlantic City labeled him “The Warrior.” However, things turned sour for The Warrior when he began traveling to Atlantic City’s Trump Plaza Casino in 1990. At first, he was up $7 million while betting $200k a hand; however, this luck went downhill during a visit several months later, when he lost over $10 million and refused to pay up. Just a couple of years afterward, Kashiwagi was found dead in his Mount Fuji home after being stabbed 150 times by a samurai sword. Some say close ties to the Yakuza could have brought about his murder.
John W. Gates is another businessman on our list, and he made his fortune through oil and barbed wire in the late 1800’s and early 1900’s. Aside from being a very profitable businessman, Gates was also legendary for his various gaming exploits – most notably in the game of baccarat. He frequently played baccarat for thousands of dollars a hand, and reportedly once bet $1 million on a single hand.
Many say that this fabled baccarat hand led to Gates’ nickname of “Bet-a-Million.” Of course, it didn’t hurt matters that another story had the American wagering $1 million on which two raindrops on a windowsill would reach the bottom first; he apparently lost this bet. Another legend that spawned from his betting background was a week-long poker game that took place on a train ride from Chicago to New York. Gates and the other players only left the table to take bathroom breaks during the week.
It would be weird to write an article about the most famous baccarat players of all-time, and leave out Tommy “The Father of American Baccarat” Renzoni. The American first picked up baccarat by watching Cubans play it in Havana casinos. Eventually, Renzoni memorized the punto banco version of baccarat that Cubans were playing, and he returned to the United States.
His mission was to convince Las Vegas casinos to put baccarat tables on their gaming floors. It took a lot of effort on Renzoni’s part to make this happen because the game was totally new in America. However, several US casinos decided to give baccarat a try, and it didn’t take long for high rollers to find the game. Interestingly enough, baccarat still holds the reputation of being an elite game even today.
Made up of three Greeks, a Frenchman and an Armenian, the Greek Syndicate is one of the most successful gambling groups ever. The team consisted of Francois Andre, Zaret Couyoumdjian, Anthanase Vagliano, Eli Eliopulo and Nicolas Zographos, and they all met in Paris in the early twentieth century. Zographos was especially important to this group because he was a mathematical genius who knew virtually everything about baccarat.
Due to his incredible mathematical abilities, some say that Zographos was able to predict what cards would be drawn when a baccarat shoe neared its end. Whatever the case may have been, Zographos and the other members of the Greek Syndicate were consistent winners in baccarat, along with a number of other casino games.
It’s funny that the most famous baccarat player of all-time isn’t even a real person, but rather a fictional movie character. Agent 007 helped popularize baccarat among the general population through various films such as Dr. No, Casino Royale, On her Majesty’s Secret Service and For Your Eyes Only.
Not only did James Bond dress the part of a distinguished high stakes baccarat player, but he also earned profits like one too. Perhaps the best part of all this is that Bond’s winnings always seemed to come when the villains he played alongside were losing.