Casino games like baccarat can be very alluring, yet it is essential to know when and how to leave without losing everything you won. Some of history’s greatest winners were smart enough to know when it was time to leave with their winnings intact.

Baccarat is one of the world’s most beloved casino games and is especially prevalent in Macau where 88% of their gambling revenue is generated from this classic card game.

Akio Kashiwagi

Akio Kashiwagi was one of the greatest high-rollers ever to make history in baccarat. He gambled for eighty hours straight at times – sometimes betting up to $200,000 per hand! As part of an elite class of international gamblers who enjoyed penthouse suites and first-class air tickets when travelling for gambling trips across Europe, Australia, and North America.

In 1990, Kashiwagi won an astounding $22 million at one Australian casino and instantly became a celebrity of gambling world – even garnering Donald Trump’s attention! Donald invited Kashiwagi over for a game of baccarat where they would either win or lose $12 million!

Phil Ivey may be best known for winning 10 World Series of Poker bracelets, but he also excels at other casino games – particularly baccarat! He’s won more than $20 million online casino gaming alone! But like any big winner, Phil Ivey wasn’t spared losses. When chasing his wins too aggressively he eventually ran into financial difficulty and lost over $50 million!

Phil Ivey

Phil Ivey is best known as an exceptional poker player, but he also dabbles in other forms of gambling like baccarat. In 2012 he played marathon rounds at casinos across New Jersey and Britain using edge sorting (noting any imperfections on back of cards to decipher value) – winning an astounding $9.6 million! Unfortunately some casinos, like Crockfords refused to pay him his winnings causing Ivey to pursue them through court action.

Judges decided in Ivey’s favor and ordered that he receive payment from the casino; however, his success wasn’t shared by British Supreme Court which found his technique violated essential premise of baccarat and therefore constitute cheating despite this setback. Still significant enough for Ivey to earn fourth place on our list of Biggest Baccarat Wins In History with Lin Hasan coming in second on our list as our winner.

Kerry Packer

Kerry Packer was an infamous and reckless gambler with an immense wealth portfolio who would hazard everything on casino games such as baccarat and blackjack – his winning streak often coincided with vast losses, thanks to his photographic memory that enabled him to instantly calculate odds for baccarat tables – this combined with his legendary temperament made Kerry an unparalleled force at the tables.

Packer was Australia’s richest person when he died in 2005 with an estimated net worth of $6 billion, giving him access to immense stakes gambling – particularly baccarat. Packer ran rings around casinos using edge sorting techniques involving exploiting manufacturing errors that improved their chances of winning; these techniques weren’t always ethical but that didn’t deter this formidable pair – often winning millions overnight before losing all their wealth the next morning.

Archie Karas

Archie Karas had no idea what was ahead when he first began playing baccarat – having once shot marbles to make ends meet as a child, this journey would prove exciting and unpredictable!

Karas was an immensely wealthy individual during his baccarat sessions; he would rake in millions annually using shipping wealth as bankroll for high-stakes games with his fellow Greek Syndicate members: Nicolas Zographos, Eli Eliopulo, Francois Andre and Athanase Vagliano.

Phil Ivey may be best known among poker fans as “Tiger Woods of poker”, but not many realize he was also an accomplished expert at baccarat. While his 10 World Series of Poker bracelets only scratch the surface of his impressive casino winnings (he even once won $10 Million on one single baccarat game!), his real accomplishment lay elsewhere – with this list’s biggest win being when he died $4m in debt due to gambling debts.