Bad Luck
Nick Dandolos earned his fame not only for winning significant amounts of money but also for losing them. There were some infamous competitions where Dandolos lost large sums.
His first failure happened in 1949 when Dandolos was competing against Johnny Moss. The two gamblers agreed to play every type of poker. This idea is said to have offered a framework for the creation of the World Series of Poker. Unfortunately, in this competition Dandolos lost over $2 million – quite a large sum even for the wealthiest of high-rollers.
In spite of Dandolos’ passion for various games, there was one he loved most: Faro. The game is almost extinct nowadays, but even in those days it was a rare thing to see a man playing it. Nick was absolutely confident about his experience and skills so he asked Carl Laemmle, a famous movie producer, to provide him with financial support for a competition in Faro that would last for three months. However, the gambler was down on his luck and lost all Laemmle’s money.
One more failure occurred during the game with Ray Ryan, a promising professional gambler. For more than 15 days they were playing stud poker and lowball until finally they decided to break off. Dandolos thought he would win with ease, but by the end of the session, he lost more than $500,000. Some people even didn’t believe this competition really took place.
After the tournament was over, Dandolos did some investigation and found out that Ryan had hired a man to sit on the roof and look after Nick’s cards. The gathered information was then passed on back to Ryan through a small handheld transmitter.
Assistance from Mafia
Dandolos was furious when he got to know about Ryan’s cheating and turned to his long-time friend Caifano, who was a notorious mobster. Despite his small height, Caifano looked terrifying and was even called “The Enforcer”. So Caifano together with his accomplices roughed Ryan up to make the man return some of the winnings to Dandolos. However, Caifano was caught by the police and sentenced to 10 years in jail for blackmailing and fraud. The rumors say that Dandolos managed to get the biggest part of the money he lost in that game back, and since that accident, no one else ever dared to defraud him.
Possible Acquaintance with Einstein
Those who were familiar with Dandolos say that he was very nice and charming. Some even say he looked as if he had known some things about everybody. There is some gossip saying that Nick was privileged to escort Albert Einstein on his trip to Las Vegas. As far Einstein’s personality was supposed to be concealed, Dandolos told everyone to call his companion “Little Al from Princeton”. He also said that people should have been careful with the man as he controlled New Jersey. All this might be pure speculation, but it’s a well-known fact that during his break from Princeton, Albert Einstein was in Las Vegas, and Dandolos lived there at about the same time.
Dandolos’ Last Days
Nick had never been married and didn’t have children, so when bequeathing his wealth the man was extremely generous. He donated somewhere around $20 million to local charity funds, thousands of dollars to service personnel as tips, and huge sums to those in need. When in the year 1966 the gambler passed away, many people came to California to his memorial ceremony.
Nick Dandolos inspired many authors. In 1968 a book “Gambling Secrets of Nick the Greek” by Ted Thackrey was published. All Dandolos’ strategies were described there. On Amazon, the book is rated 4.5 out of 5 stars.
In 1978, Harry Mark Petrakis wrote a book called “Nick the Greek” that is also based on the life story of the legendary gambler. However, many readers doubt the credibility of some facts.
Gambling Secrets Of Nick The Greek
Early Life of Nick ‘the Greek’ Gambler Legend to Be
Nick ‘the Greek’ gambler legend to be, was born on the island of Crete in 1883. Raised in a well-off family, his family were hard-working and entrepreneurial types, making a living selling various commodities such as silk, linens, and textiles. An academic from a young age, the adolescent Nick Dandolos chose to study philosophy at a local catholic institution. At the age of 18, in an effort to enhance his horizons and discover his calling in life, Nick’s father gave him a handsome allowance and sent him on his way to the United States.
Arriving in Chicago, the young Nick was completely overwhelmed by the liberal laws and the general distaste for authority that existed in the city. After entering into a relationship with a young American woman, and subsequently ending it on bad terms, Nick would continue on his adventures heading towards the Quebec capital city of Montreal. It was here that he discovered his love of gambling, and was introduced to horse racing. After learning the intricacies of the sport, he began to bet heavily, one day striking big and landing a $500,000 pay-day. This first win ignited a fire in the belly of the young Nick, who was slowly maturing and becoming a notoriously brazen gambler.
Nick ‘the Greek’ Poker and Gambling Mastery
After his big win on the horses, Nick decided to return to Chicago where he quickly sought out many other forms of gambling, such as dice, cards, and poker. It was in poker that Nick discovered his passion for gambling, and quickly began developing his skills in the popular card game, becoming a master of many variants of poker. His talent did not go unrecognized, and his appearances at local casinos would cause huge commotion with fascinated spectators watching Nick ‘the Greek’ poker talent showcased live.
Gambling Secrets Of Nick The Greek Orthodox
Nick became an absolute master of the bluff, and would often leave his opponents feeling incredibly manipulated due to his formidable powers of persuasion, use of body language, and unorthodox wagering styles. By this point, Nick Dandolos had become a celebrity in Chicago clubs, betting enormous sums of money on highly risky events like dice-rolls, or high stakes card games. His wealth skyrocketed but quickly tumbled on several occasions throughout this period, as the young Greek truly became the most well-known gambler across the country in the 1920s.
Gambling Secrets Of Nick The Greek Pdf
When the law banning gambling in the State of Nevada was lifted, Nick ‘the Greek’ decided to permanently relocate to Las Vegas, a city that had already become the gambling capital of the world. The sin city was perfectly suited to the intense demand that Nick ‘the Greek’ had for high-quality gambling establishments, but more importantly, they were also willing to take his astronomical betting wagers. After several years making a name for himself in Las Vegas, casino owners and mafia bosses regularly approached Nick to have him work for them as an affiliate partner, but Nick resisted. Throughout the entirety of his betting career, Nick ‘the Greek’ Dandolos never worked for anyone but himself.
Battle of Poker Giants: Dandolos vs Moss
The culmination of Nick ‘the Greek’ Dandolos’ talent as a poker player, his entertainment value, and the extremely high-value betting capacity he possessed made him incredibly hot property throughout Las Vegas, every casino wanted a piece of him and many quite literally begged him to visit. One such industrious owner was Benny Binion, who managed to arrange for Nick to face off against Johnny Moss in a poker match, Moss was chosen quite simply because he was one of the only gamblers on the planet who could match Nick’s high-value bets. The two elite poker masters caused a spectacle and crowds flocked to Binion’s casino to get a piece of the action.
Over the course of five months, Dandolos and Moss went head-to-head in a series of poker battles, with the game variant constantly changing to keep the audience interest peeked. Week after week huge cash flows were going back and forth. Until one fateful afternoon, Nick ‘the Greek’ had played his last hand, having just lost $4 million he announced to his opponent famously, “Mr. Moss, I will have to let you go.”
Years later, the memory of this epic battle lives on. The World Series of Poker credits its initial inspiration to start long form competitive poker tournaments to the legendary match between Nick ‘the Greek’ Dandolos and Johnny Moss. If you want to try and channel some of Nik’s talent, then head over to our top online poker sites or try your hand at casino poker.
Playing for the Love of the Game, Not the Money
Nick ‘the Greek’ Dandolos was a man who often mixed with the rich and powerful. On one such evening, playing in a VIP poker game with the likes of the Egyptian King Farouk I watching on, Nick cleaned out New York mob boss Frank Costello. As Nick began to leave Costello yelled at him claiming he was a coward for leaving, Nick immediately handed a deck of cards to the King of Egypt for him to shuffle, and invited Costello to a single highest card draw, with the winner taking $500,000. Costello lit a cigar, picked up his coat, and left the building without saying a word.
Moments such as these defined Nick ‘the Greek’ Dandolos, and he was also a charitable man giving away today’s equivalent of over $400 million to charities. Although his fortune at the time of his death had dwindled away, he continued to play poker to the very end. Just a few months before his death, an admirer spotted him playing poker for pennies and asked him how can he play for such small amounts when he has gambled millions back in the day, he replied: “It’s still poker, isn’t it?”. The pure love for the game of poker – rather than the astronomical sums of money he won over his career – may very well be the true gambling secrets of Nick ‘the Greek’ Dandolos.
