Who is the richest gambler of all time and how can I reach his level?

The richest gambler of all time, as of the available sources, is Tony Bloom.

Tony Bloom's Profile

• Net worth: Approximately $1.7 billion14
• Gambling specialty: Sports betting, particularly football, and poker.
• Bloom's success is attributed to his mathematical skills, entrepreneurial spirit, and the development of a proprietary algorithm through his company, Starlizard. This algorithm analyzes football data against historical betting odds, allowing him to place highly informed and large-scale bets134.

Steps to Reach a Similar Level

While becoming as wealthy as Tony Bloom is exceptionally challenging, here are some key steps that can help you on the path to becoming a professional gambler:

Build a Bankroll

You need significant startup capital to withstand the risks and fluctuations in gambling. A substantial bankroll is crucial for long-term sustainability5.

Know Your Game

Understand the house edge, sports odds, and top strategies for your chosen game. Professional gamblers play the percentages and minimize risks through thorough knowledge of the games they play5.

Practice Extensively

Practice with low-stakes games or even free games to refine your skills and money management strategies. The "10,000-hour rule" suggests that extensive practice is essential for achieving expertise25.

Specialize in a Specific Area

Focus on a particular sport or game, such as football or horse racing, and develop an encyclopedic knowledge of it. This specialization can help you identify better betting opportunities2.

Use Advanced Tools and Analysis

Utilize data analysis and algorithms, similar to Tony Bloom's approach, to make informed betting decisions. This could involve working with data analysts, traders, and computer scientists to maintain an edge3.

Manage Risk

Understand the timing of placing bets and manage your risk effectively. Knowing when to place bets and how to maximize your odds is crucial for long-term success2.

By combining these elements—substantial bankroll, deep knowledge of the game, extensive practice, specialization, advanced analysis, and effective risk management—you can increase your chances of achieving significant success in professional gambling, though reaching Tony Bloom's level of wealth remains highly exceptional.