The_man_who_broke_the_bank_at_Monte_Carlo The_man_who_broke_the_bank_at_Monte_Carlo

The man who broke the bank at Monte Carlo - Definition and Overview

Related Words: Beat, Broken, Busted, Dead, Flat, Impoverished, Needy, Poor, Ruined, Short

Joseph Jaggers (1830 -- 1892) was a British engineer, popularly known as the man who broke the bank at Monte Carlo.

Jaggers gained his practical experience of mechanics working in Yorkshire's cotton manufacturing industry. He extended his experience to the behaviour of a roulette wheel, speculating that its outcomes were not purely random numbers but that mechanical imbalances might result in biases towards particular outcomes.

In 1873, Jaggers hired six clerks clandestinely to record the outcomes of the six roulette wheels at the Beaux-Arts Casino at Monte Carlo, Monaco. He discovered that one of the wheels showed a clear bias, in that nine of the numbers occurred more frequently than the others. Exploiting this characteristic, Jagger made a profit of USD 450,000 before the casino management intervened to modify the wheels.

A popular song The Man Who Broke the Bank at Monte Carlo was written about his exploits in 1891 by Fred Gilbert.

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Example Usage of broke

roaritsmolly: im broke:( i have 64$ in my bank account now i have 3$ cause i had to pay a fucking parking ticket! fuck you!!
Cris_Da_Ish: @_JOYFUL5463 o yes we broke up over a months ago back in sept. and im yo friend, so dont be postin u aint got no friends lol
shanelaine: Josh and I watched a couple of hours of Friends, and Ross and Rachel broke up for the first time.
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