We had a teacher that ran a gambling club for the teachers.
The teachers would all put into a pool at the start of the year and he would pay out the percentage at the end of the year. He had bank accounts in a few countries and would look for odds imbalances and spread the bet to gain an advantage.
He used to give us cash and send us to the TAB to put bets down on his behalf as he was banned for winning too much. Each year a new batch of students would come who were all not banned.
In return he taught us all how to count cards and play poker. Dude was a maths wiz.
He one day came into a different class and asked the teacher for everything in his wallet as he had “found one”. The other teacher gave him all the cash. Turns out he had seen something along the lines of “world all-stars” vs “Tonga” at ice hockey, with 8,000:1 odds. But they messed up and had it round the wrong way. Both teachers retired at the end of the year.
We had a teacher that ran a gambling club for the teachers.
The teachers would all put into a pool at the start of the year and he would pay out the percentage at the end of the year. He had bank accounts in a few countries and would look for odds imbalances and spread the bet to gain an advantage.
He used to give us cash and send us to the TAB to put bets down on his behalf as he was banned for winning too much. Each year a new batch of students would come who were all not banned.
In return he taught us all how to count cards and play poker. Dude was a maths wiz.
He one day came into a different class and asked the teacher for everything in his wallet as he had “found one”. The other teacher gave him all the cash. Turns out he had seen something along the lines of “world all-stars” vs “Tonga” at ice hockey, with 8,000:1 odds. But they messed up and had it round the wrong way. Both teachers retired at the end of the year.