In a ceremony devised by François Blanc, the original owner of the casino, a black cloth was laid over the table in question, and the successful player was said to have broken the bank.
Joseph Jagger was a Bradford textile engineer who looked for and found imperfections in the balance of a wheel which he exploited to win a fortune and break the bank.
[4][5][incomplete short citation] He is generally thought to have inspired the song "The Man who Broke the Bank at Monte Carlo".
During that time period he amassed a fortune of $415,000 ($11,374,844 in 2020)[1] In one of the more legendary feats, Darnborough bet on the number 5 and won on five successive spins.
According to Clark, after one such successful evening of roulette, he bought a small, recently created golf course at Sospel, behind Mentone, and then built a hotel there.