Las Vegas: A British man who has sold all his possessions, including his clothes, will stand in a rented tuxedo on Sunday and bet everything on a spin of the roulette wheel.
If he wins, he doubles his money. If he loses, he will be left with only a TV crew documenting his every move.
Ashley Revell, a 32-year-old Londoner, said he was worth about $US140,000 ($182,000) after selling everything.
"I thought I was worth at least $US180,000," he said. He is spending a week gambling about $US3000 in an effort to raise his pot. By Wednesday he was down $US1000.
Mr Revell said he had planned to have a friend videotape his bet-it-all spin, but Britain's Sky One television decided it was worth a short reality series, called Double or Nothing.
Sky will not pay him, he says, but a crew has followed him and will cover the spin live on Sunday at the Hard Rock casino. It also plans to follow him for a month, afterwards, win or lose.
Mr Revell said he decided to take a big plunge while he was still young and raised the stakes as high as possible, including selling his clothes. "I like to do things properly," he said.
He definately has a set. Hope he wins.
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So how does it work with a non usa resident gambling in the USA. Does the IRS get an automatic 40% cut like they would if you are I were to win big in Vegas? Any gamblers here that know?
Actually, I hope he loses everything, it will make better TV
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Does the IRS get an automatic 40% cut like they would if you are I were to win big in Vegas
Don't know for sure, but I would guess the IRS wouldn't get much but the Brittish government would get an even larger percentage.
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All or Nothing. one spin Red or Black?
