“You’re kidding?” He turned to the other two golfers. The complainer didn’t know whether to be amused or concerned. If you win, I’ll double your entire worth. “I’ll flip this coin.” Packer showed the man it was a legitimate coin, with heads and tails. “What are you talking about?” the complainer replied in confusion. “I’ll flip you for it,” Packer said as calmly as if he were ordering a soda. Packer frowned, rolled his eyes, and took a coin out of his pocket. “$60 million, give or take,” said the complainer proudly, chest puffed for effect. Or at least, he didn’t know the depth of Packer’s fortune, estimated in the $6 to $10 billion range. “From the stock in your portfolio to the cash in your accounts, to the clothes on your back.”Īs the story goes, the complainer didn’t know who Packer was.
#Kerry packer gambling story full#
“The full pull,” Packer said, or something to that effect. But just a few holes into the round, one member of the group became impossibly whiney, complaining about something of little to no importance.Ī man of zero tolerance, especially when it came to raining on his leisure time enjoyment, Packer casually asked the mouthy complainer what his net worth was. Packer was part of a well-heeled foursome that cooked up a plethora of bets-enough action so that you’d need a blackboard to keep track of it all. And during one intense twenty-hand blackjack session at the MGM Grand that had him on his feet the whole time, jumping back and forth between tables, he took the house for a whopping $33 million!īut perhaps the greatest Kerry Packer gambling story that I’ve ever heard took place on a golf course. Somewhere in Europe, he won twenty baccarat hands in a row, betting $250K per. Packer’s wagering antics are legendary, bordering on the absurd.įor example, he famously played two entire multi-deck blackjack shoes at the Bellagio, betting $10,000 per hand, with all winnings going to the dealers as a tip.
Packer’s photograph isn’t beside that term than the book’s a cheap knock-off. Pick up a visual dictionary and look up “high stakes gambler.” If Mr. That brings us to now-deceased Australian media tycoon Kerry Packer. But the difference is they have so much money, the action needs to involve nosebleed stakes just to get the juices flowing.Ī round of golf for a Bentley? Yawn. And then they’ll wash it all down with a highly competitive Round Robin (aka Sixes). Garbage (aka Trash) chock full of sandies, greenies, barkies and anything else they can think of. Closest to the pin or longest drive for bragging rights and a beer. And then there’s Kerry Francis Bullmore Packer.Ī little something per side to make things interesting.
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