Dana White, the dynamic CEO of the Ultimate Fighting Championship (UFC), recently delved into the tantalizing world of high-stakes gambling, sharing his jaw-dropping experiences at one of Las Vegas‘ most iconic casino resorts. In an intriguing episode of the Full Send Podcast, White unraveled captivating tales of his high-stakes bets at Caesars Palace on the bustling Las Vegas Strip.
High Tolerance for Risk
During the conversation, White, known for his fearless approach in both business and gambling, was asked about his ventures into the world of betting. He candidly responded, “I have a very high f**king tolerance for risk. You’ve gotta have it… a high tolerance for risk and a certain mindset.”
$1 Million in Winnings per Night
Considered a legendary high-roller, White frequently graces Caesars Palace with his presence. In the recent podcast, he nonchalantly revealed that he bagged around $1 million per night by playing baccarat at this renowned Las Vegas Strip establishment.
Offering a glimpse into his colossal winnings, White mentioned that between January and March, his baccarat escapades netted him a staggering $26-$27 million. For White, placing $350,000 per hand at Caesars and up to $400,000 at Bellagio is simply “f**king big boy play.”
“Caesars Palace… I clipped these guys for a million dollars per night from like January… the first week of January, all the way into March,”
Dana White, CEO of UFC
$8 Million Was White’s Biggest Loss in One Night
As any seasoned gambler knows, the thrill of winning is often shadowed by the abyss of losing. White admitted candidly that the bitter pill of loss is a constant companion in gambling. He confessed to one particularly brutal night where he was “murdered,” losing an incredible $8 million in one night.
For those prone to problem gambling or haunted by the impulse to chase losses, White’s anecdotes serve as a stark reminder of the volatile nature of the game. Understanding your limits becomes paramount, as White poignantly confirmed.
White’s Ultimate Aspiration: $1 Million a Hand
Asked about his typical duration at the tables, the UFC supremo’s strategy was straightforward and bold: “If I win three hands in a row, we’re leaving.” Whether a string of success or an unsteady win-loss rhythm, White emphasized that once he nets between $800,000 to $1 million, he calls it a night.
White disclosed a meticulous strategy: initiating play on a freshly shuffled board, betting that first crucial hand on the banker. He painted a scene where the game’s outcome teeters on the edge of a knife—”They put the cards in. It’s a 50/50 shot,” he mused, with the occasional tie adding a twist to the tale.
Caesars’ High-Roller Ecosystem
Regaling further into the world of high-stakes gambling, White estimated that Caesars harbors more than two dozen players of his caliber, with some even outspending him. When quizzed about placing a $1 million hand, White audaciously revealed it as one of his life goals. “That’s my goal in life before I die… $1 million per hand.”
He continued, elaborating on his aspiration to secure $30 million in credit for these prodigious bets. Yet, as White humorously noted, no casino has yet entertained this larger-than-life prospect. “No,” he concluded when asked if any casino would agree to such terms, underscoring the enormity of his ambition.
White’s tales from the gambling frontline offer not just a glimpse into his exhilarating high-stakes world but also a vivid portrayal of the relentless risks and roaring rewards that define the life of a true gambler.
