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Archie Karas is a Vegas legend for winning (and losing) millions but his current accommodations are a much cry from a high roller suite.
Karas is currently being held without bail on the Clark County Penal complex in Las Vegas as he awaits extradition, charged with cheating at a California casino by marking cards while playing blackjack.
The Barona casino in California is where the alleged incident took place, with the casino claiming that security footage clearly shows Karas -- whose real name is Anargyros Karabourniotis -- marking cards during sessions that saw him win greater than $8,000.
He could resist three years in jail if convicted and it isn't his first scrape with being accused of cheating by a casino; he's been arrested four times previously for similar instances and the Nevada Gaming Control Board has mentioned him as a "threat to the gaming industry" within the past.
Karas has fallen on hard times lately but many still remember his amazing run within the early 1990s that saw him turn $50 that he started with in December 1992 into greater than $40 million by early 1995. Dubbed "The Run", he initially won millions playing poker and pool but then switched to high stakes craps, betting $100,000 or more per roll.
His run finally came to an abrupt end, losing all his winnings in barely a question of months playing craps and baccarat. Karas would continue to seek out success in smaller spin-ups by turning a couple of thousand dollars into $1 million+ bankrolls but he'd continue to donate it back on the high-stakes baccarat and craps tables.
Karas proudly claims that nobody in history has gambled extra money in total than he has, a claim that may be impossible to prove but most likely true given the large sums of cash he'd regularly wager for years.
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