Category Archives: gambling

Vegas Q: 0.26

MGM Mirage has sold its Treasure Island casino for $775 million to Phil Ruffin Sr: "I knew to build a 3,000-room hotel today would cost $3 billion," Mr. Ruffin told The Wall Street Journal. "I think it’s a good value." … Continue reading

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One Hand, One Million Dollars, No Falsifiability

Joe Nocera has a provocative parenthetical in his list of the best business non-fiction books: “Liar’s Poker”, by Michael Lewis (even though I’ve since become convinced that the anecdote that gives the book its title never happened). The title, and … Continue reading

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The 2.8 Million-to-One Winning Bet

A heartwarming story of a man who bet 50p on the horses and won £1 million. Except the odds were actually 2.8 million to one, which means he should have won £1.4 million, and he’s short to the tune of … Continue reading

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