Tag Archives: PlayOLG

Gambling in Ontario, Ed Thorpe Beats the Dealer & the ‘Suitcase Man’

Hey High Rollers, big weekend in the NFL…play-offs, interesting match-up between Dallas and Green Bay.  I will likely be betting the packers at BetOnline.  Wanna wager? Simply click the banner below and you’ll have money on your favourite team in minutes. Good luck & good gambling.

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Gaming in Ontario

The Canadian online gaming market expanded in 2015 as the Ontario Lottery and Gaming Corporation has unveiled a new online gambling site, PlayOLG.ca. It’ll feature blackjack, baccarat, roulette, slots and video poker. The site also allows users to purchase lottery tickets online. Ontarians spend about $500,000 a year on off-shore gambling sites and OLG is hoping to get its share.

* Players will have to set weekly maximum
* Can play for free
* Proceeds to support hospitals, cultural activities and non-profit corporations
Ontario, which is Canada’s most populous province, is now the seventh Canadian province of 10 that offers regulated online gambling (British Columbia, Quebec, Manitoba, New Brunswick, Nova Scotia and Prince Edward Island).

Super Bowl Wager
In 1989, Las Vegas Casino owner Bob Stupak bet big on Super Bowl XXIII, featuring the 49’ers and the Bengals at Joe Robbie Stadium in Miami. Stupak fired large, a million bucks, on San Fransisco to win. And, they did! The winning touchdown coming with 49 seconds left on the clock. Stupak had bragging rights for two reasons, as it was also, at the time, the largest bet ever made in Vegas.

The ‘Suitcase Man’
In 1980, William Lee Bergstrom became a Las Vegas legend. Known as the ‘Phantom Gambler’ and ultimately the ‘Suitcase Man’, he anonymously entered Binion’s Horseshoe Casino with $777,000 in a suitcase and placed it all on a single bet. He doubled his money instantly and left, disappearing for three years. In 1984, he reappeared in the casino and bet $1,000,000 on a single bet at a craps table. he lost! The next year, almost a full year after his million dollar bust, he committed suicide in a hotel room.

Ed Thorpe
Authored Beat the Dealer, the first book to mathematically prove, in 1962, that the house edge in blackjack could be overcome by card counting. The mathematics professor and hedge fund manager is best known for being ‘the father of the wearable computer’ in 1961.

The House Edge

NBA Ring?
The late Jerry Buss, a poker fanatic and owner of the LA Lakers, promised Johnny Chan an NBA championship ring if he could win three in a row.  Incredibly, in 1989, Chan navigated a field of 178 players to find himself heads-up with Phil Hellmuth, a 24 year old from Wisconsin.  Hellmuth won!  While Johnny Moss, Doyle Brunson and Stu Ungar have also won two world champions in a row, Chan is the last person to do it.  The Hall of Famer has won 10 bracelets, tied for seond on the all-time list with Doyle Brunson.

Six Sided Poker Dice 
Poker dice are dice which, instead of having number pips, have representations of playing cards upon them. Poker dice have six sides, one each of an Ace, King, Queen, Jack, ten and nine, and are used to form a poker hand.

The ‘Brat’ a Swinger?
Phil Hellmuth has been offered a chance to appear on ABC’s “Wife Swap.” But, don’t expect him to take the network up on it…and took to Twitter to explain:
Have an offer to be on ABC television show “Wife Swap,” but wife won’t do it! Though I’m SURE she would look amazing!
– phil_hellmuth (@phil_hellmuth)

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