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In reality, the odds of a streak of 6 losses in a row are much higher than many people intuitively believe.Read our Top 5 Biggest Losses. is credited with one of the fastest casino losses in history when he lost £1.5 million in three minutes playing roulette.The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails.In a report published in 2014, Australians were found to have spent AUD16.3 billion on gambling over the previous year.

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