Gambling has two sides; the winning side and the losing side. However, you can win and lose at the same time. Seasoned gamblers know that they cannot win every time as there are moments of bad streaks. Most times, players can boost their winning chances by adopting the right gambling strategies and tips.
Online casinos do not influence their games as they are random. Most of these games use RNG software that ensures that their outcomes are entirely fair and random. With this technology, the casino operator and the players do not influence the game. However, you should avoid unregulated casino sites.
Non UK sites are not licensed in the United Kingdom, but they hold licenses from enviable gambling commissions in other jurisdictions like Isle of Man, Spain, Spain, Malta, Curacao, etc. Hence, they feature fair games that offer equal winning and losing chances.
Also, these gambling sites are accessible to players looking for casinos not on Gamstop; these are offshore casinos without UK licenses. Hence, they are not mandated to partner with the UK self-restriction scheme.
This article gives some examples of the most significant losses in the history of non UK gambling sites. The section below looks at a few players that lost a considerable sum at different casino sites without UK license.
What are the Biggest Losses at Non UK Gambling Sites?
Here are some of the most significant gambling losses at non UK casino sites:
- Charles Barkley: 30 Million USD
Charles Barkley is a successful basketball player. Being a high roller, he bet with 2.5 million USD in a single blackjack, and he lost. He played at different online casinos, and he played different categories of games, including roulette, dice, baccarat, and blackjack. He lost almost all his fortune when he parted with 30 million USD. He took a break for a while; he is back at it now, but he now gambles responsibly.
- Archie Karas: 40 Million USD
He is one of the most famous punters; being one of the most enormous losses, he is recognized as the player with the largest and longest winning streak in gambling history. He loves to play Dice, Baccarat, and Poker. He once had a 7 million USD bankroll. While waiting for a challenger, he would put the money on the table. At some point, his massive winning streaks ceased, and he made several reckless bets. Within three weeks, he lost everything he won after bargaining with the casino to allow him to exceed the bet limits.
- Maureen O’ Connor: 13 Million USD
Maureen was a mayor in San Diego when he lost 13 million USD bets. This is a massive sum, but considering that he bet with over 1 billion USD, it is commendable that she could minimize her losses.
Conclusion
Huge losses at non UK gambling sites are undesirable as they could take a toll on players’ financial strength. To avoid losing a massive sum, ensure that you master the rules and dynamics of the game you intend to play, and do not gamble when you are not emotionally stable.