Ed Jarecki
Christiansted, St Croix,US Virgin Islands
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Ed Jarecki, originally Edward Ochab Jarecki, was a German-born American physician who became legendary in the 1960s for his remarkable success in legally beating European roulette tables. A meticulous and intelligent individual, he utilized a system based on identifying biased roulette wheels—those with slight mechanical imperfections that caused certain numbers or sections to appear more frequently than pure chance would dictate. Jarecki, along with a small team, would painstakingly observe wheels for thousands of spins to detect these biases. Once a bias was confirmed, they would strategically place bets, leading to substantial winnings, reportedly over $1.25 million (a sum equivalent to many millions today) from casinos in Monte Carlo, San Remo, and Divonne-les-Bains. His exploits not only made him a casino legend but also forced casinos to upgrade their equipment and maintenance procedures to counteract such strategies. He was known to be a private individual despite his fame in gambling circles and spent his later years in Manila, Philippines, where he passed away in 2018.
Professional Summary
Ed Jarecki's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Notable Achievements
Mastering Biased Roulette Wheels
Successfully developed and executed a system to identify and exploit mechanical biases in European roulette wheels during the 1960s, leading to winnings exceeding $1.25 million.
Catalyst for Casino Equipment Modernization
His consistent and significant wins highlighted the vulnerabilities of older roulette equipment, compelling casinos worldwide to invest in more precise, balanced, and regularly maintained wheels, thereby enhancing game integrity.
Achieving Casino Legend Status
Became a celebrated figure in gambling history for his intellectual approach to beating the casino, demonstrating that with keen observation and analysis, 'the house' could be beaten legally.
Educational Background
Executive MBA, Business
University of Nebraska at Omaha
Bachelor of Science - BS, Engineering, Industrial Systems
University of Nebraska at Omaha
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Company Overview
Valicor US™Valicor is a leading provider of non-hazardous wastewater treatment and resource recovery services across North America. They specialize in processing a wide range of industrial liquid and semi-solid waste streams through their Centralized Wastewater Treatment (CWT) facilities, helping businesses meet environmental regulations, achieve sustainability goals, and recover valuable materials like used oil and other byproducts. Their services cater to industries such as manufacturing, automotive, and food processing, offering an environmentally responsible alternative to on-site treatment or disposal.
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