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Author: Smart Group

29 October, 1998

The true facts - date 1891.

 

Preface:

This is the true story (see members) of how one man broke the bank of Monte Carlo, not once but twice, over a period of 7 & 11 days. You can't call that luck!!!!


The story:

Note: Our research & interpretation of his methology was gleaned from various articles & archives around the era of the late 1890's.

Although his history is relatively unknown other than his brief claim to fame, we do know that he was Charles Wells, an English engineer, con-man & swindler.

He promoted shonky companies developing bizarre inventions &, it's said, conned a wealthy aristocratic widow to the tune of approx. £40,000 (a lot of money in those days).

In 1891 he was about to be investigated by police in England, so hastily set off on a Mediterranean cruise in his steam yacht, the "Palais Royal" & arrived in Monte Carlo.

Monte Carlo was then, a haven for royalty, & he was regarded as of no importance until he started winning (Big).

The records show that he had enough money for ten bets of £200. At the time people were lucky to be earning 30 shillings a week (£1.50).

He waited for some time & then placed £200 on Red which won..... (see members)

On his 1st. day he'd won £30,000 (£30,000,000 today) & although alarmed, the casino reasoned that his incredible luck would run out the next day.

By the 2nd. day he'd doubled his money & that's when the alarm bells started. After the casino was closed the owners brought in experts to check the wheel for any defects or bias.

After the 3rd day the owners brought the lot in, mathematicians, gaming experts, etc., & by now where also recording his bets plus the wheel, & even interrogating croupiers.

Within 7 days he walked away with approx. £220,000 (£220,000,000 today). "The man who broke the bank of Monte Carlo" is a song that was written about him.

About 8 months later he arrived back & done it again. This time it took him 11 days to walk away with approx. £180,000 (£180,000,000 today).

He came back for 3rds. but the casino had a loophole up their sleeve. They discovered he had a criminal record, so it was a case of "Hiss off & don't come back".

In today's values he won more than £400,000,000 & it has been said, the only time that the 'black cloth' has ever covered a table. (concede)

After a few spells in prison Charles Wells, by now a penniless invalid, died in 1926 aged 85, & to this day, because the 'Gurus' could never work it out, it's still classed as "incredible luck".

Gleaning the facts:

As you will see, there wasn't much information to go on, & the casino keeps his recorded bets safely locked away in a vault..... (see members)

It took 34 years of research to figure out how he done it, & nobody else carries the distinction of this achievement except us. & we mean nobody!!!!!

If you're not winning then it's time you joined a Smart Syndicate.

'Gambling Syndicates'...... your best bet !!!!!!!!!!!

 

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