Many players dream of breaking the bank at the roulette tables, but few have managed to achieve what seems like an impossible goal. In this game, whether a bet wins or loses usually depends purely on chance. A house advantage is built into every single wager, and it steadily erodes most players’ bankrolls over time.
One of the very few exceptions to this norm is Gonzalo Garcia Pelayo, aptly dubbed the Master of the Roulette Wheel. Pelayo won hundreds of thousands of dollars at roulette tables across Europe and Las Vegas.
His story is easily one of the most inspiring gambling tales of all time. We share it in this article, along with several other accounts of gamblers who managed to beat the game of roulette.
Gonzalo Garcia Pelayo's Life
1Pelayo's Early Days of Wheel Bias Analysis
Gonzalo Garcia Pelayo was born in Madrid on June 25, 1947. He enrolled in Spain’s Official Film School in the 1960s, but his filmmaking education came to an abrupt halt when the institution unexpectedly closed.
At that point, Pelayo turned to music, accepting a job at National Radio, which laid the foundation for his successful career in the entertainment industry. Among his most notable achievements are the creation of the Andalusian rock genre and his production work with renowned Spanish artists such as Carlos Puebla, Luis Pastor, and Maria Jimenez.
During the 1970s and 1980s, Pelayo revisited his passion for filmmaking and directed several feature films, including Living in Seville and Manuela. His journey as a roulette player began in the early 1990s when he decided to pick up the game as a hobby.
Initially, he played purely for fun at Casino Gran Madrid, but he soon noticed that certain numbers seemed to appear more often than others. This realization prompted him to begin recording the outcomes of spins to see whether his suspicions were justified.
Pelayo quickly realized that it was too laborious for one person to gather data on multiple wheels, so he recruited his son Ivan and daughter Vanessa to help him. They spent countless hours each day at Casino Gran Madrid documenting the results produced by the roulette wheels.
While his children focused on data collection (they manually recorded more than 30,000 results!), Pelayo, who had a knack for mathematics, set out to develop computer software that would allow him to analyze the recorded data accurately.
The program he wrote in the simple QBasic language assigned a numerical value to every pocket on the wheel: the more frequently a number appeared, the higher the value it received.
This enabled Pelayo to create a profile for each wheel his children tracked, helping him identify biased wheels and compile lists of numbers with abnormally high hit frequencies. He reasoned that these numbers were more likely to occur. It was a turning point for the entire Pelayo family.
2The Pelayos' Success in Casino Gran Madrid
After profiling numerous wheels, Pelayo determined that exploiting these biases could negate the casino’s edge and give the player an impressive 6% advantage. Of course, the player would not win every spin, but someone armed with this information could avoid losing to the house over the long run.
The roulette team expanded as more members of the Pelayo family joined. Pelayo understood that losing streaks were inevitable despite their edge and that he needed a larger bankroll to withstand those dry spells.
Although he was a successful filmmaker and music producer, he was by no means wealthy. Pelayo therefore sold the rights to one of his documentary films, which helped him boost the bankroll to about $2,200.
Because Pelayo’s simulations revealed pocket bias, he and his relatives decided to bet straight up on the favored numbers. Individual numbers had lower odds of appearing (1 in 36), but they offered higher payouts of 35 to 1. The Pelayos’ modest starting bankroll also helped them avoid detection during the early stages of their roulette run.
The family had a rough start, losing half of their initial $2,200 while playing at Casino Gran Madrid. Despite the setback, the Pelayos persisted and continued wagering on the favored numbers.
The bias soon paid off, prompting the family to visit the casino as many as six times a week. With the entire family now involved, the Pelayos could assign one member to each biased table. This tactic proved effective because it prevented the Casino Gran Madrid staff from realizing they were all connected.
After a few months of play, the family grew their modest $2,200 bankroll to more than $100,000. Encouraged, they began placing larger and larger bets on the biased numbers. Despite this success, the Pelayos still experienced cold streaks, at one point losing a sizable $80,000.
3Casino Madrid Strikes Back
These cold streaks were more than offset by the Pelayos’ massive wins, which totaled hundreds of thousands of dollars. Pelayo forbade team members from tipping the dealers. This policy, combined with the astonishing profits they generated, soon attracted the attention of Casino Gran Madrid.
The floor personnel were ordered to monitor the Pelayos’ play to determine what was happening. They tried various tactics, from pressuring team members and instructing croupiers to spin the ball faster to swapping wheels between tables.
All these efforts proved futile. After months of playing the same biased wheels, the Pelayo team could identify them by tiny physical imperfections, such as scratches.
The casino responded with accusations of cheating and attempted to ban them permanently. The situation escalated to the point where the matter was taken to court.
The Spanish Supreme Court ruled in the Pelayos’ favor, reasoning that exploiting biased wheels is a legitimate form of advantage play, not cheating. The family eventually left Casino Gran Madrid – not because they were barred but because the casino replaced the wheels, eliminating the bias. By the end of this stint, the biased wheels had made the Pelayos $1 million richer.
4The Pelayos Take on Las Vegas
Their tremendous success at Casino Gran Madrid inspired the Pelayos to tour casinos throughout Europe, with Amsterdam as their first stop. Their winning streak continued there, and over several months they amassed approximately $400,000 in profits.
These results aroused the Dutch casino’s suspicions, so management contacted Casino Gran Madrid and the Pelayos were exposed. As the family traveled to other major European cities such as Vienna and Paris, casino after casino barred them for their advantage play.
They typically exploited the tables in each country for three to four months until local casinos detected them and asked them to leave. As their reputation spread across the continent, a security guard at a Copenhagen casino even threatened them with a gun when they tried to enter the premises.
Pelayo’s nephews decided to quit, and the team shrank to three members: Pelayo, his wife, and his son, Ivan.
With European opportunities drying up, the Pelayos explored the prospect of taking on roulette tables across the Atlantic. Las Vegas looked like the perfect destination for advantage players of their caliber.
However, an assault on Sin City posed several challenges. First, the roulette tables there operated under American rules and used wheels with both a single and a double zero, which doubled the casino’s edge to 5.26%.
Enhanced surveillance was another hurdle; it was far more difficult for advantage players to slip under the radar in Las Vegas casinos.
The family maintained their edge on double-zero wheels by seeking out more pronounced number biases. To avoid detection, team members tried to blend in as much as possible by altering their accents.
5The End of Pelayo's Roulette Career
The Las Vegas campaign proceeded smoothly for a while, until Pelayo hit a major snag one night. He was wagering huge sums on two biased numbers when something extraordinary occurred. The number with the lowest probability according to his computer simulation – 19 red – miraculously appeared.
Ironically, 19 red sat right between his supposed sure winners, 8 and 31 black. Pelayo again covered the two likely numbers with sizable bets, reasoning that the odds of 19 red appearing twice in a row were virtually nonexistent. To his shock, the ball settled on 19 red again on the very next spin!
The advantage player still did not give up, convincing himself there was absolutely no chance the number would hit three times in a row. Unfortunately, that is precisely what happened when the wheel produced the dreaded number yet again.
Overcome with a sense of utter failure, Pelayo collapsed on the casino floor from fatigue and disappointment. He was in such poor condition when taken to the hospital that staff initially thought he had suffered a heart attack.
After he recovered, he returned to the casino a couple of days later, only to realize he had completely lost his confidence as an advantage player.
As Pelayo explained in an interview with U.S. National Public Radio, it was similar to what happens to a bullfighter who has been gored and is afraid to face the bull again. The family ultimately decided to quit permanently and return to their normal lives in Spain.
Pelayo ended his roulette career with more than $1.5 million in net profits. His remarkable story has inspired aspiring roulette players worldwide, so much so that he published it in his 2003 book The Fabulous Story of Los Pelayos (La Fabulosa Historia De Los Pelayos), later adapted for the silver screen.
Today, Pelayo continues to collect data and study probabilities, but he has shifted his focus to other forms of gambling, most recently poker.
- High Stakes Roulette
- Low Limit Roulette
- Fibonacci Roulette System
- Parlay Roulette System
- Martingale Roulette System
- Inside Bets
- Outside Bets
- Roulette Rules
- Roulette Strategies
- American Roulette
- French Roulette
- European Roulette
- American and European Wheel Sequences
- Roulette – From a Perpetual Motion Machine to a Casino Landmark
- Roulette Basics and Rules of Table Conduct
- Roulette's Bet Types
- The French Roulette Layout
- Independent Trials, Odds, and Casino Edge in Roulette
- En Prison and La Partage
- Taking Your Roulette Game to the Next Level with Call Bets
- The Many Faces of Roulette – Interesting Variations to Try
- Progressive Roulette Systems
- Reading Biased Wheels and Other Predictive Methods
- Improving Your Roulette Game
- Dispelling Roulette Myths
- How to Protect a Roulette Bankroll
- Software Providers of Online Roulette
- Roulette Games with Progressive Jackpots
- Live Dealer Roulette
- Roulette Goes Mobile
- Roulette in Literature, Film, and Television
Other Famed Assaults of the Roulette Tables
As inspiring as his story is, Pelayo is hardly the only player who has managed to crush casinos at roulette. Other gamblers have earned respectable profits at the roulette tables – some by exploiting wheel bias, others through outright trickery. Below, we present the stories of four players who have beaten the house at its own game.
Joseph Jagger's Monte Carlo Stint
Richard Jarecki, the German Doctor Who Uncovered the Secrets of the Wheel
The Roulette Exploits of William Walters and His TeamCharles Wells - the Trickster Who Broke the Bank at Monte Carlo
Charles Wells is a name many roulette players recognize. Wells’ roulette journey began around 1861, shortly after he patented an invention – a machine that could control the speed of ships’ propellers – which earned him ₣5,000.
It was around this time that Wells began frequenting French casinos, losing all of his money and developing a serious gambling addiction – a problem that ran in his family. He then launched another project, a railroad in Berck, but instead of finishing it, he fled to England with his investors’ money.
Wells continued to scam people to fuel his addiction until he eventually wound up at the Monte Carlo Casino in 1891. Each roulette table on the premises held a bank of ₣100,000, a sizable sum for that era.
When a player won more than this amount, they “broke the bank,” and a black cloth was ceremoniously draped over the table to indicate it was temporarily out of service. Cashiers would then visit the casino’s vaults to fetch more money and pay the lucky winner in full.
At the time of Wells’ arrival, only five people had succeeded in breaking the bank at the Monte Carlo Casino.
Wells alone did it five times during his first Monte Carlo stint, which lasted only five days, winning ₣500,000 in the process (about $13 million in today’s terms). This feat caused a furor in Monte Carlo.
Some believed his success was a publicity stunt; others were convinced he cheated the house by bribing the croupiers – a reasonable supposition given the many frauds he had committed. Wells himself attributed his success to his “infallible” system, which later turned out to be the Martingale betting progression.
The trickster went on to purchase a lavish yacht with some of his Monte Carlo profits. He continued his schemes, which eventually earned him two jail sentences for confidence trickery and fraud.
After his second release from prison, Wells continued playing roulette, eventually losing all of his remaining money to the house. He died in 1922 of kidney failure.
Although Wells’ life was far from exemplary, his brief success at the Monte Carlo Casino earned him a place in gambling history and inspired various movies and songs, including Fred Gilbert’s “The Man Who Broke the Bank at Monte Carlo”.
Joseph Jagger's Monte Carlo Stint
Wells was not the only Englishman to break the bank at Monte Carlo. His compatriot, Joseph Hobson Jagger, actually did so first. Jagger ran a textile business in the 1870s, but it met with little success. With bankruptcy looming, he borrowed money from friends and relatives and traveled to Monte Carlo with his nephew and son.
Unlike Wells, who allegedly relied on a progressive system, Jagger had hands-on experience with spinning wheels from his textile business. He was well aware that wheels were prone to imbalances, a tendency that applied equally to roulette wheels, which could favor certain numbers when even minor physical defects existed.
With help from his relatives and clerks, Jagger discovered that a specific wheel at the Beaux-Arts Casino favored numbers 7, 8, 9, 17, 18, 19, 22, 28, and 29. Sure enough, his bets on these biased numbers earned him £65,000 (about £7.4 million today) in just three days.
The Beaux-Arts Casino grew suspicious of Jagger’s large wins and moved the biased wheel to another table. When Jagger returned the next day, he quickly sensed something was amiss. Nevertheless, he identified the wheel by a small scratch and resumed his winning streak.
The casino countered by rotating the frets that separated the pockets, causing the wheel to favor different numbers each night. This time, Jagger could do nothing, but he was wise enough to call it quits and return to England with the balance of his roulette winnings.
Jagger’s roulette exploits are chronicled in greater detail in his niece’s 2018 book From the Mill to Monte Carlo: The Working-Class Englishman Who Beat the Monaco Casino and Changed Gambling Forever.
Richard Jarecki, the German Doctor Who Uncovered the Secrets of the Wheel
German physician Richard Jarecki was another gambler who beat casinos at roulette for seven-figure sums. A mathematically inclined individual, Jarecki began experimenting with roulette advantage play in the late 1960s.
Much like Pelayo, Jarecki enlisted his wife and several other team members to gather data. They approached the task diligently, sometimes recording as many as 10,000 spins on a single wheel, a laborious process that could take a month.
Jarecki leveraged his advantage at roulette in major casinos throughout Monte Carlo, France, Germany, and Italy. A 1960s managing director of Casino Sanremo labeled him a ‘menace’ and expressed hopes that Jarecki would ‘never return to [his] casino’.
The hostility was understandable given that Jarecki extracted a massive fortune from Casino Sanremo’s roulette tables. By the end of his European run in the early 1970s, the American doctor had amassed more than $1.28 million in winnings, equal to roughly $8 million today.
Jarecki’s roulette success was so great that Sanremo authorities petitioned the government to ban his family from entering Italy. Despite the animosity, he continued to trouble the Italian casino until it eventually replaced all its wheels.
The Roulette Exploits of William Walters and His Team
Among gamblers, the name William Walters is spoken with reverence; he is regarded as one of the most successful punters of all time. Walters holds the record for the longest winning streak in sports betting, which lasted more than three decades.
Another of his accomplishments was beating Atlantic City’s Atlantic Club Casino Hotel (now closed) at roulette. He did so in the 1980s with the help of his team and the advanced computer calculations they used to uncover potential advantages.
Like Pelayo and Jagger, Walters and his team recorded spin outcomes in person at the casino. Their computer analysis revealed a bias toward five numbers: 7, 10, 20, 36, and 27.
Walters and his team deposited $2 million at the casino cashier in 1986 and, after a two-day session, walked away with an additional $3.8 million by betting on the biased numbers.
The Atlantic Club was displeased by this turn of events and asked Walters and his team to stop playing. They graciously obliged and moved their action to the Claridge Casino, extracting another $610,000 from the biased wheels there.