The Gambler Who Beat Roulette: The Story of Niko Tosa

Niko Tosa is a folk hero in the world of gambling, especially at roulette tables. You may have heard the name being thrown around in gambling halls. However, Niko Tosa is merely an alias, and no one knows who this man is except that he is Croatian. Maybe the croupier at that roulette table remembers – definitely, the man walked away with £1.3 million.

Now, this particular unforgettable event happened in 2004. However, to date, Niko Tosa remains the gambler who beat roulette. The popular opinion on roulette is that winning relies extensively on luck. So, Niko Tosa could not have beaten a system of luck or chance? Or perhaps he did – something no one will ever replicate.

Keep reading to know how he did it!

The Ritz Club Incident

You must be wondering – how did a man beat a game which extensively depends on sheer luck. Even if you wager on red or black, you have less than 50% chance to be right. The fact is that science has never been 'Niko Tosa' kind of accurate with roulette wheels, making the feat even more impressive. However, do not be mistaken – the Croatian legend, the gambler who beat roulette, was not alone that fateful evening in 2024 at the Ritz Club.

Niko Tosa had two friends with him, a male and a female. They chose a private VIP area in the Caren Room. However, one thing we can say for sure is that these three gamblers had an unusual approach to wagering on the roulette wheel. For one, they only placed bets six or seven seconds after the wheel began spinning. They would then place up to 15 random bets when the wheel begins to decelerate. But how could they have known which numbers to pick?

Well, witnesses at the scene mentioned Niko Tosa and his friends had a knack for neighbor bets. They would pick a number and then two of its immediate neighbors from the left or right, summing to five different pockets. Amazingly enough, this trick won a bunch. They even had winning streaks, up to 13 back-to-back hits. Then, Niko Tosa and his friends began to double-up bets. At this point, casino security had begun to be overwhelmed by tension.

Soon, they had chips worth up to £60,000 and verily above £100,000 in no time. At this time, these two gamblers began betting up to £15,000 per round. They couldn't care less about their losses as long as they kept winning, too. At the end of their session, Niko Tosa had turned his £30,000 worth of chips into £3100,000. His male friend did even better, turning £60,000 into £684,000. The lady friend served drinks mainly. They left with £1.3 million that night.

The casino most definitely suspected Niko Tosa and his friends to be dubious. When they returned to the casino, they got arrested. However, when the police searched these gamblers, they found nothing. They inspected the roulette wheel, but there was still nothing. After nine months, the police dropped the case against Niko Tosa and friends and gave them back their winnings.

Methods and Techniques of Niko Tosa

Niko Tosa, in his interview with Bloomberg in 2023, quoted his roulette winning method as simple. So, below are his methods and techniques.

1. Exploiting wheel imperfections : Niko Tosa, Nenad Marjanovic, and Livia Pilisi searched for a table with a slight defect. This imperfection significantly lowers the randomness of the roulette wheel.
2. The concept of "hot zones" and wheel bias : The entire Niko Tosa strategy depended on hot zones, popularly known as neighbor bets. This system involves picking a number to wager on and then wagering on surrounding numbers or pots, too. Remember, Niko and his Serbian friend, Nemad, placed up to 15 random wagers.
3. The role of timing and prediction without using a computer ​: Timing was an essential factor in Niko Tosa's winning strategy. The gambler who beat roulette, Niko, waited six to seven seconds after the wheels had started spinning to place his bets.

Predicting the Next Bull Run

It is very much possible to predict when the next crypto bull run will be, unlike winning on a Bitcoin casino roulette wheel in 2024. Here are key indicators that a bull run is nigh:

1. On-chain metrics: Properly inspecting the prospects of a crypto token is possible with on-chain metrics, meaning information directly from the Blockchain. These metrics help investors analyze and determine how the market will respond to a particular asset.
2. Trading volume and liquidity: The clearest indicator of a crypto bull run is when an asset demand over-exceeds its supply. So, yes, as the trading volume goes higher, there is an increased likelihood of a bull run.
3. Market sentiment and social media trends: The mainstream media has a huge influence on the crypto market. If the media rally rounds a new Blockchain innovation off a crypto network, there is the likelihood of the native token gaining exponential value.

Impact on the Gambling World

The ricochet from Niko Tosa's win on that fateful night at the Ritz Club in London is huge. Casinos became more aware, integrating surveillance technologies to avert the recurrence of such incidents.

Certainly, Niko Tosa's win had a long-term effect on how casinos monitor and maintain their roulette wheels. The betting rules became stricter more than ever. The gambler who beat roulette, single handedly, effected ever-lasting changes in the gambling industry.

Today, with online casinos, especially those that have crypto roulette, the entire gaming process is much more transparent. There can never be a cashing out on defects, as winning on these games depends extensively on provably fair technology.

Conclusion

Niko Tosa still travels all around the world, exploring different roulette wheels in different countries of the world. Somehow, he has kept his identity hidden, thus making it easy to simply enter a casino hall as a nobody and leave as a winner.

However, with online gambling sites, with Bitcoin gambling roulette wheels, it is impossible to replicate Niko Tosa's feat. Also, due to Niko's win, land-based casinos have since upped their surveillance and roulette wheel inspection routines.

This blog is for informational purposes only and does not constitute financial or investment advice. Please gamble responsibly and ensure compliance with the laws in your jurisdiction.