Gambling is often seen as entertainment or a risky investment, but for some, it has been a matter of survival. Throughout history, people have turned to gambling in desperate times, hoping for a win that could change their fate. Here are real-life stories of individuals who gambled not for pleasure, but for survival.

The Great Depression: Betting on Hope

During the 1930s Great Depression, countless Americans were left jobless and desperate. Some turned to underground gambling houses as a last resort. One such gambler was Nick “The Greek” Dandolos, a legendary poker and dice player who reportedly started with just a few dollars and turned it into millions. While his story had highs and lows, it illustrates how gambling became a means of survival for many during economic hardships.

Archie Karas: From Broke to Millionaire (and Back Again)

Greek-American gambler Archie Karas arrived in Las Vegas in the early 1990s with only $50. Through an incredible winning streak, he transformed it into $40 million, becoming a legend. However, his luck eventually ran out, and he lost everything. His story is a testament to how gambling can provide temporary financial salvation—but also devastating losses.

The Holocaust Survivor Who Gambled for Food

Edward Thorp, a famous mathematician and blackjack strategist, once shared the story of a Holocaust survivor who used his card skills to win food and essentials in Nazi labor camps. Although rare, such stories highlight how gambling skills have sometimes meant the difference between life and death.

Underground Poker in War Zones

In modern conflict zones, underground poker games have been a way for soldiers, journalists, and civilians to make quick money. Some have used their winnings to escape dangerous situations or fund their survival. These high-stakes games come with risks, but for many, they offer the only chance at financial stability.