Among his famous victims are country music legend Willie
Nelson ($300,000 playing dominoes) and adult magazine publisher Larry Flynt
($2 million in a poker game).
n a recent interview Preston said
that the trick to winning lies in knowing the odds.
"When you put down a sports wager," he says, "it helps to know something
other people don't know."
It's a principle he's put to use in creative ways. In the 1970s, for example,
Preston challenged former Wimbledon champion Bobby Riggs to a high stakes
game of pingpong, insisting only that he be allowed to choose the
paddles. Riggs agreed -- and was soundly beaten when Preston showed up with
two cooking skillets (which the gambler had been secretly practicing with
for months).
Now in his mid-70s, Preston is still active in his trade. He's spent the
last few weeks playing in the World Series of Poker in Las Vegas -- and he's
still a winner. Recently, Preston bet that golf star Annika Sorenstam, the
first woman to play in a PGA Tour event in 58 years, would not make the cut
at the Colonial tournament. Once again, he was right.
Which is probably a good thing. Preston, who spoke to NPR before Sorenstam's
results were in, said his wager on that event was so large that a loss might
have prompted him to "renew my passport and go to China."
Carlos Mortenson
Daniel Negreanu Doyle Brunson
Gus Hanson Huck Seed
Johnny Chan Phil Hellmuth
Sam Farha Stu Unger