William Lee Bergstrom (1951 – February 4, 1985), commonly known as The Suitcase Man or Phantom Gambler, was a gambler and high roller known for placing the largest bet in casino gambling history at the time, amounting to $777,000 ($2.87 million present-day amount) at the Horseshoe Casino, which he won.
[1] After dropping out Bergstrom made a living selling real estate and owning property in Texas.
[2] On September 24, 1980, Bergstrom arrived at Binion's Horseshoe Casino in Las Vegas with two suitcases: one containing $777,000 in cash, the other empty.
Bergstrom, who remained anonymous at the time, placed the full amount on the Don't Pass line in craps.
Then, on November 16 he returned and placed a $1,000,000 bet with a suitcase filled with $550,000 in cash, $140,000 in gold Krugerrands, and $310,000 in cashier's checks.