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RankedFacts.com > Blog > History > Odds > 10 Most Outrageous Bets Ever Made: Unbelievable Wagers
HistoryOdds

10 Most Outrageous Bets Ever Made: Unbelievable Wagers

RankedFacts Team
Last updated: September 23, 2025 8:57 pm
RankedFacts Team
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10 Most Outrageous Bets Ever Made: Unbelievable Wagers
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Gambling has fascinated people for centuries. That little thrill you get from buying a lottery ticket or placing a bet at the casino? It’s a common feeling. But some folks throughout history have taken betting to a whole new level – making wagers so wild they defy common sense. These aren’t your average bets; they’re truly outrageous. Let’s dive into 10 stories of bets so crazy, you won’t believe they actually happened.

Contents
10. “The Suitcase Man”9. Losing to Win8. A $10K Cheeseburger7. Betting Big on FedEx6. Double or Nothing, Literally5. Blindly Confident and Deadly4. A Shocking Team Rivalry3. Drinking and Flying2. All Clothes Are Off!1. The Gambling Granny!

10. “The Suitcase Man”

The $5,000,000 Suitcase Man

Meet William Bergstrom, a gambler who earned the nicknames “Suitcase Man” and “The Phantom Gambler.” Why? Because he walked into Binion’s Horseshoe Casino in Las Vegas back in September 1980 with two suitcases: one empty, the other stuffed with $777,000 cash.

The casino owner, Benny Binion, had a unique policy: he’d honor any player’s first bet, no matter how large. Bergstrom seized this opportunity, placing the entire $777,000 on a single dice bet. He won! And then won two more bets shortly after. Binion helped him fill the second suitcase with his winnings, and Bergstrom vanished.

He reappeared in March 1984, bet $538,000, and won again. But his luck finally soured in November of that year when he returned to bet a staggering $1,000,000 and lost. Tragically, Bergstrom reportedly planned to end his life if he lost his first huge bet, and he eventually did take his own life a year after the million-dollar loss, though the direct link remains unclear.

9. Losing to Win

Ted Forrest Weight Bet.mov

Ted Forrest isn’t just a World Series of Poker bracelet winner; he’s also known for an incredible weight-loss bet. Fellow poker pro Mike “The Mouth” Matusow didn’t believe Forrest could drop from his weight of 188 pounds down to under 140 pounds.

How much did Matusow doubt him? Enough to bet $2 million on it! Forrest accepted the challenge and managed to slim down to a reported 138 pounds. He won the hefty $2 million prize from Matusow. Talk about a win-win situation – getting healthier and richer at the same time!

8. A $10K Cheeseburger

Howard Lederer, nicknamed “The Professor” for his thoughtful poker style, is a successful player with multiple major titles. He was also famously a vegetarian – until a bet changed that. After a big win alongside fellow poker pro David Grey, Grey decided to test Lederer’s commitment.

Grey dared Lederer to eat a cheeseburger for $10,000. Without hesitation, Lederer agreed. After some back-and-forth attempts to get the other to back down, Lederer ate the cheeseburger and collected his winnings. In a funny twist, Lederer reportedly offered Grey a chance to win the money back if he simply ate two olives. What strange bets friends make!

7. Betting Big on FedEx

How The Founder Of FEDEX Saved The Company From Bankruptcy With His Blackjack Winnings

Today, FedEx is a global shipping giant. But back in its early days, things were incredibly tough. Founder and CEO Frederick Smith faced a dire situation just three years after starting the company. FedEx was losing $1 million a month and couldn’t cover a $20,000+ fuel bill.

Desperate, Smith took the company’s last $5,000, flew to Las Vegas, and gambled it all on blackjack. Incredibly, lady luck was on his side. He walked away with over $30,000 – just enough cash to keep FedEx afloat and give it the breathing room it needed to eventually become the powerhouse it is today. Smith literally bet his entire company on cards, an outrageous gamble that paid off spectacularly.

6. Double or Nothing, Literally

Red or Black? - Betting your whole life on one roulette spin

English gambler Ashley Revell took the concept of “all in” to a whole new level in 2004. He sold absolutely everything he owned – including his clothes – raising a total of $135,000. He then traveled to Las Vegas with this life savings.

At the Plaza Hotel & Casino, Revell placed the entire sum on a single spin of the roulette wheel, betting on red. The tension must have been immense! The ball landed on 7 red, instantly doubling his money to $270,000. This incredible gamble was captured by Sky One for a mini-series aptly named Double or Nothing. Revell truly risked it all.

5. Blindly Confident and Deadly

Not all outrageous bets end with laughter or riches. This one ended in tragedy. In 1986, Russian pilot Alexander Kliuyev was flying Aeroflot Flight 6502. He got into an argument with his co-pilot, boasting that he could land the plane completely blind, using only instruments with the cockpit curtains drawn.

The argument escalated into a bet. Kliuyev, tragically overconfident, decided to prove his point during the actual landing, endangering the lives of all 90 passengers. He failed to slow the plane sufficiently, causing it to crash and flip over upon landing. Over 60 people lost their lives due to this horrifyingly irresponsible bet. Kliuyev survived and was sentenced to prison, a stark reminder of how deadly arrogance and reckless wagers can be.

4. A Shocking Team Rivalry

Husband and wife bet Taser shock on Bears-Packers

Sports rivalries can get intense, but John and Nicole Grant took it way too far. John, a Chicago Bears fan, and his wife Nicole, a Green Bay Packers fan, decided to make a truly shocking bet on a 2014 game between their fiercely rival teams.

Forget doing dishes or wearing the rival jersey; they agreed the winner would get to taser the loser! Yes, you read that right. After the Bears surprisingly won, John prepared to collect on his bet. However, Nicole called the police on him. John was arrested and charged with felony possession of an electric weapon. They apparently learned their lesson, as their next bet reportedly involved the loser simply wearing the winning team’s jersey.

3. Drinking and Flying

"Hold My Beer!" - The Story of Tommy Fitz and His Drunken Bet

Thomas Fitzpatrick, a decorated war veteran (Marine Corps in WWII, Army in the Korean War, even earning a Purple Heart), is bizarrely best known for two drunken flights fueled by bar bets. The first incident happened in 1956.

While drinking in a New Jersey bar, Fitzpatrick bet his friends he could travel from New Jersey to New York City in just 15 minutes. To prove it, he stole a small plane from the Teterboro School of Aeronautics and skillfully landed it on a street in Manhattan, right in front of the bar where the bet originated – all in the dead of night without lights or radio!

Incredibly, he did it *again* two years later in 1958 after someone doubted his story. This time, he landed near Yeshiva University. He wasn’t charged for the first flight, but the second stunt earned him six months in prison.

2. All Clothes Are Off!

Doria Tillier French Weathergirl Does Weather Forecast NAKED! Runs around Field

French weather reporter, model, and actress Doria Tillier made a very public and very bold bet in 2013. She was apparently quite upset after the French national soccer team lost the first leg of their World Cup qualifying match against Ukraine 2-0.

Tillier declared on air that if France managed to overcome the deficit, qualify for the 2014 World Cup, she would present her weather report completely naked. Many likely didn’t expect France to pull it off, but Les Bleus rallied, winning the second leg 3-0 and securing their spot in the tournament. True to her word, Tillier delivered a (creatively filmed) naked weather report, much to the amusement of viewers.

1. The Gambling Granny!

Greatest Craps Roll Ever? New Jersey Grandma Rolls 154 Times!

Our final outrageous bet belongs to Patricia DeMauro, a grandmother who achieved legendary status at the Borgata Hotel Casino in Atlantic City back in 2009. After getting bored playing slots, her friend taught her the basics of craps.

What happened next was statistically astronomical. DeMauro, a complete novice, started rolling the dice and just kept winning. She rolled the dice 154 times consecutively over four hours and 18 minutes without rolling a seven (which would have ended her turn). This incredible streak set a world record for the longest craps roll, smashing the previous record.

Starting with just $100, she walked away with a significant, though undisclosed, amount of money. The odds against her historic run were calculated to be lower than being struck by lightning. Patricia DeMauro became an instant legend, the “gambling granny” who defied impossible odds.

From life-altering casino wins and losses to bizarre personal challenges and even life-threatening dares, these outrageous bets show the extreme lengths some people will go to for a gamble. They are fascinating, sometimes funny, and occasionally tragic reminders of the power and peril of taking a chance.

Which of these bets do you find the most outrageous? Share your thoughts in the comments below!

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