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Jackpot (or Not)! Vegas' biggest losers and winners

Ethan Miller | Getty Images

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Archie Karas

Archie Karas is a gambler who made his way into the annals of Las Vegas history. According to a 2008 article in the online poker publication Bluff, he spent three months in 1993 playing against poker's best at legendary casinos such as Binion's Gambling Hall and Hotel (pictured), eventually turning $7 million into $17 million in a streak known to aficionados as "The Run." Unfortunately, his skill at winning money was matched by his knack for losing it.

According to CNN, he won $40 million during a three-year period in the 1990s, all of which he lost in three weeks. In September 2013, he was arrested at his home in Las Vegas on allegations that he had marked cards in a San Diego blackjack game two months earlier, according to Reuters. In October 2013, he pleaded not guilty to burglary, winning by fraudulent means and cheating at a blackjack table.

Ethan Miller | Getty Images