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 7 DAYS AGO
Cover Image Source: Getty Images | William Thomas Cain
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
Since only a small amount of money was involved in each incident, they were considered "minor crimes".
14 hours ago
The dress from the 'Sultan of Sequins' had much more value than what the owner expected.
1 day ago
Grant Cerwin sent an email to Craig Jelinek asking if Costco could donate one of the famous 93-inch teddy bears for his middle school fundraiser in LA.
1 day ago
The problem occurred across the airline's app and some booking platforms including a top website.
1 day ago
While the restaurant claims it wasn't related to the tip, the waitress has a different story to tell
2 days ago
"Seriously, how desperate are they for money?" a Reddit post said sharing the listing.
2 days ago
A "gift from God," Otha Anders started collecting pennies after he found one lying on the ground.
2 days ago
The companies and the world learned a valuable lesson of vetting email IDs before handing out money
2 days ago
He got a check for $50,000 every year, for the next 20 years and pocketed $38,000 after taxes.
3 days ago
Actor Charlie Sheen is most known for his role on syndicated tv show 'Two and a Half Men.' How much are reruns paying him?
4 days ago
Jaime Siminoff, whose pitch was rejected by all but one shark, walked out without a deal. He returned to the show as a millionaire investor.
4 days ago
"You know we're getting old when Pokemon is on Antiques Roadshow."
4 days ago
The cyberattack on payment gateway provider Slim CD lasted for over a year.
4 days ago
The Digital Landscapes program of the retail giant will track and share consumer data with suppliers
5 days ago
A Canadian student found a solution to save money on rent by super commuting to university from another city.
6 days ago
She said that the payment screen must have switched while she was entering her phone number
6 days ago
He made a whopping $195,000, doubling his life savings in under a minute.
7 days ago
While no reactions were reported due to the two products, Costco is still urging people not to eat these products.
7 days ago
The creator's consipiracy theory suggests restaurants try to trick people into spending more money.
Sep 9, 2024