ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Man bet entire life savings and sold everything he owned on a single roulette spin: "I picked red..."

He made a whopping $195,000, doubling his life savings in under a minute.
PUBLISHED NOV 6, 2024
Representational photo of two men playing Russian Roulette | Cover Image Source: Getty Images | William Thomas Cain
Representational photo of two men playing Russian Roulette | Cover Image Source: Getty Images | William Thomas Cain

It's hard to imagine someone risking all their life savings on a single roulette spin, but that's exactly what Ashley Revell did. He took a gamble that most of us wouldn't even consider. Revell sold his home, his entire wardrobe, and everything he ever owned to gamble $97,500 at the Plaza Hotel & Casino, Las Vegas.

This rare incident was showcased in the Sky One reality show "Double or Nothing" and viewers were more than happy to help him make a decision over whether to go with red or black. "It was just… pleading that I’d pick[ed] it and that it would come in red," he told CNN at the time.



 

“Before I actually walked up to the wheel, I was thinking about putting it on black, and then suddenly the guy was spinning the ball around and all the Sky viewers said … they [had] voted that I should put it on red," he added. Eventually, he decided to put it all on red. “But … I was just pleading that it would come in and I’d get lucky this time. What I was really worried about was that I’d lose and my parents would be upset and my family would, you know, all my friends would be upset," he said.

Ashley revealed that his father was totally against the idea, as any parent would. The dad said that he was a "naughty" and a "bad boy" and advised him against the decision. "So, you know, I think most all dads are just concerned, and he’s seeing all my friends being married off and having kids and stuff, and he’s like any father, he just wants me to settle down and make sure I’m secure," Ashley said in the interview.



 

All his doubts vanished when his daring move doubled the money. Revell made a whopping $195,000, doubling his life savings in under a minute. Needless to say, his daring feat soon became a viral hit across the globe, so much so that it inspired another reality show, "Red or Black." After the win, he was greeted with a bottle of champagne from his family.

"It was just wicked. I can't describe my feelings going through that. It has just been a complete sort of roller coaster ride. First, it's on, then it's off," he said about his decision to bet his entire life savings.  

Image Source: Getty Images | William Thomas Cain
Image Source: Getty Images | William Thomas Cain

As per reports, Revell spent some of the cash on a cross-Europe motorbike trip, where he ended up meeting his future wife. Fifteen years after the big win, Revell returned to Las Vegas where the hotel commemorated the win and its new single zero roulette table with a promotional free chip to players.

Ashley was an avid poker player all his life, so he set up his online poker site, pokerutd.com shortly after his trip to Vegas. However, he later shut it down because of unknown reasons. He then moved on to start a recruitment agency for gambling companies, as per Roulette Star. However, it's safe to say that he is still very much in the gambling world.

MORE ON MARKET REALIST
National Taxpayer Advocate noted the IRS is battling 27% drop in workforce and new tax law changes
9 minutes ago
Harvey almost turned into Michael Jackson after hearing the answer.
3 hours ago
This comes after a contractor exposed IRS data involving Trump, Elon Musk, Jeff Bezos, and others.
20 hours ago
As a part of a plan to increase profitability, UPS will reduce 25 million work hours.
20 hours ago
Despite low unemployment, many Americans remain only loosely attached to the workforce.
23 hours ago
The Consumer Confidence Index slipped to 85.5 amid war concerns, rising costs, and a weak labor market
1 day ago
Harvey had to tell the world that his lips were 'all naturale.'
1 day ago
While the investment in AI has surged, its contribution to the GDP isn't the biggest
1 day ago
The CFRB's projections estimate the debt to rise by $5.5 trillion in the worst case scenario.
1 day ago
Harvey couldn't help but teach the contestant a lesson on show etiquette.
2 days ago
Even the fans came out in support of the contestant Jess Graham, calling the puzzle unfair.
2 days ago
Taking advice from his dad in the audience, Robert chose to play it safe.
4 days ago
The reduction in utility bills will be temporary and residents will end up paying some of that back
5 days ago
The player, Chad Hedrick got the fans to the edge of their seats before scoring the win.
5 days ago
The layoffs are expected to hit the People Experience and Technology units of the retailer.
5 days ago
In the retailer's latest earnings call, CEO Ron Vachris praised the app based checkout system.
5 days ago
The bill aims to overhaul the governance of community associations to increase transparency.
5 days ago
The silicone strings attached to a Yetonamr toy have caused over 30 instances of choking. attached to the toy violate the safety standards and pose as a choking hazard.
6 days ago