
109: Edward Thorp – The Man Who Beat the Dealer, and Later, Beat the Market
Chat With Traders
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How to Beat the Side Bets in Casino Royale
In the 60s people were getting beat up. People like Muzzy Siegel got shot up, the El Rancho Vegas got burned down in a dispute and so forth. So yes there was a lot of risk. I didn't realize that initially but as time passed it began to become clear to me. One of the episodes of the book is about another thing that I discovered, how to beat the side bets when they were there in a game called Backerwet. It's one of the highest or the highest stake games in the world.
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