Quick Fact – Betting “The Farm”

1908 Johnny-Behind-the-Gat bet more than he should’ve. He was a prospector and miner said to have little common sense, a big temper and a penchant for using his weapon to solve disputes. John Cyty (his real name), in a 12-hour roulette game, bet and lost $75,000 worth of shares (a roughly $2 million value today)…

The Right to Life, Liberty … and Recovery of Gambling Losses?

1906-1909 An allegedly underaged young man, Master Wadell, gambled at various games from poker to faro and lost big over the winter of 1906-1907. His preferred playhouse was the Sixty-Six casino in the mining town of Rhyolite, Nevada. Subsequently, he sued the club’s three owners for what he claimed were his total losses — $10,000…