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Barkley admits huge losses, big gains while gambling

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  • Barkley admits huge losses, big gains while gambling

    Associated Press


    PHOENIX -- Basketball Hall of Famer Charles Barkley admits he has a gambling problem, but said Monday that he's several thousand dollars richer after returning from Las Vegas.

    In an interview with Phoenix television station KTVK, Barkley said he won "about $700,000" over the weekend.

    "That was all profit [from] blackjack and I bet on the Super Bowl. I had the Colts," Barkley added. "I played a lot of blackjack."

    Barkley did not say how much be bet on Sunday's game in which Indianapolis beat the Chicago Bears 29-17 in Miami.

    In an ESPN interview in May 2006, Barkley estimated that he'd lost about $10 million gambling over the years.

    He said Monday that he lost $2.5 million "in a six-hour period" one night last year.

    "It's a stupid, bad habit. I have a problem," Barkley said of his gambling. "But the problem is when you can't afford it. I can afford to gamble. I didn't kill myself when I lost two and half million dollars … I like to gamble and I'm not going to quit."

    Barkley, who lives in the Phoenix area, was elected to the Hall of Fame last year.

    He averaged 22.1 points and nearly 12 rebounds in a 16-year career that included stops in Philadelphia, Phoenix and Houston. He was the league's MVP in 1993 with the Suns, and he won gold at the 1992 Barcelona Olympics as part of the original U.S. Dream Team.

  • #2
    Much respect to Barkley.... He is also a considered a "Whale"

    Comment


    • #3
      Nice...but he never bet on his own team

      signed

      Pete Rose

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      • #4
        If any of you degenerates want to see a gambling problem immortalized on celluloid, rent "Owning Mahowny," starring Philip Seymour Hoffman as the afflicted one in a true story based on a Canadian guy in the 80s.

        This guy was a bank employee and could sign off on huge loans and went wild.

        Recommended.
        You can't always get what you want, but if you try some time, you might find, you get what you need.

        Comment


        • #5
          Originally posted by GrandPa
          If any of you degenerates want to see a gambling problem immortalized on celluloid, rent "Owning Mahowny," starring Philip Seymour Hoffman as the afflicted one in a true story based on a Canadian guy in the 80s.

          This guy was a bank employee and could sign off on huge loans and went wild.

          Recommended.
          Awesome movie.....I've suggested it a couple of times on the board before.

          The first time I was watching, I got hooked on it in the morning while working out and had to take a later train to work.
          Every
          Villain
          Is
          Lemons

          Comment


          • #6
            Great movie GrandPa....anyone who gambles should watch it

            Comment


            • #7
              Originally posted by The Lovedoc
              Much respect to Barkley.... He is also a considered a "Whale"
              no respect for lovedoc... he is also considered a "Minnow" ps-he is also considered my friend-its ok doc to chat with me-I STILL LOVE YOU BROTHER-IRONCHUNG !!
              Last edited by WayneChung; 02-06-2007, 05:26 PM.
              DON'T YOU EAT THE YELLOW SNOW !! PS-MARVIN LOVES SPLIT SALAD !!

              Comment


              • #8
                Originally posted by WayneChung
                no respect for lovedoc... he is also considered a "Minnow" ps-he is also considered my friend-its ok doc to chat with me-I STILL LOVE YOU BROTHER-IRONCHUNG !!
                PS-GUYS IS THER ANYBODY HERE WHO HAS NOT AT SOME POINT IN THER GAMBLING LOST ENOUGH TO PUT THEM IN A BIND,WHERE THEY HAD TO BORROW MONEY OR SELL SOMETHING TO PAY THE MAN,GO BACK THRU ALL OF YOUR YEARS OF GAMBLING AND THINK ABOUT THIS ONE ??
                DON'T YOU EAT THE YELLOW SNOW !! PS-MARVIN LOVES SPLIT SALAD !!

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                • #9
                  today barkley said on the radio he bet $100,000 on the colts and it was one of his smaller sb bets over the years.
                  “A government big enough to give you everything you want, is strong enough to take everything you have."

                  Gerald Ford

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                  • #10
                    Originally posted by WayneChung
                    PS-GUYS IS THER ANYBODY HERE WHO HAS NOT AT SOME POINT IN THER GAMBLING LOST ENOUGH TO PUT THEM IN A BIND,WHERE THEY HAD TO BORROW MONEY OR SELL SOMETHING TO PAY THE MAN,GO BACK THRU ALL OF YOUR YEARS OF GAMBLING AND THINK ABOUT THIS ONE ??
                    it is so refreshing to know that everybody on here controls and manages their gambling well-CAN I GET AN,AMEN BROTHERS ?
                    DON'T YOU EAT THE YELLOW SNOW !! PS-MARVIN LOVES SPLIT SALAD !!

                    Comment


                    • #11
                      Originally posted by WayneChung
                      it is so refreshing to know that everybody on here controls and manages their gambling well-CAN I GET AN,AMEN BROTHERS ?
                      AMEN BROTHER!!!!!!/////JUST sHAKING THE bUSH<<<<<

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                      • #12
                        Originally posted by wayne1218
                        AMEN BROTHER!!!!!!/////JUST sHAKING THE bUSH<<<<<
                        I L;OVE YOU UNC !!
                        Last edited by WayneChung; 02-06-2007, 08:47 PM.
                        DON'T YOU EAT THE YELLOW SNOW !! PS-MARVIN LOVES SPLIT SALAD !!

                        Comment


                        • #13
                          Originally posted by WayneChung
                          PS-GUYS IS THER ANYBODY HERE WHO HAS NOT AT SOME POINT IN THER GAMBLING LOST ENOUGH TO PUT THEM IN A BIND,WHERE THEY HAD TO BORROW MONEY OR SELL SOMETHING TO PAY THE MAN,GO BACK THRU ALL OF YOUR YEARS OF GAMBLING AND THINK ABOUT THIS ONE ??
                          MY WORST MOMENT WAS IN MY EARLY TWENTIES,I HAD TO GO TO SOME RELATIVES AND GET THEM TO COSIGN A NOTE TO PAY THE MAN OVER 10 DIMES,MOST EMBARRASSING MOMENT OF MY LIFE,BUT THEIR HAVE BEEN MANY OTHER TIMES WHERE GAMBLING HAS KNOCKED MY BANKROLL INTO OBLIVION IN THE LAST 30 YEARS,IM AM IN MY MID-FORTIES,WELL UPPER NOW !!
                          DON'T YOU EAT THE YELLOW SNOW !! PS-MARVIN LOVES SPLIT SALAD !!

                          Comment


                          • #14
                            Originally posted by WayneChung
                            MY WORST MOMENT WAS IN MY EARLY TWENTIES,I HAD TO GO TO SOME RELATIVES AND GET THEM TO COSIGN A NOTE TO PAY THE MAN OVER 10 DIMES,MOST EMBARRASSING MOMENT OF MY LIFE,BUT THEIR HAVE BEEN MANY OTHER TIMES WHERE GAMBLING HAS KNOCKED MY BANKROLL INTO OBLIVION IN THE LAST 30 YEARS,IM AM IN MY MID-FORTIES,WELL UPPER NOW !!
                            MY LAST EX-WIFE CAME WITH THE GREATEST LINE OF ALL-SHE SAID IF THEY DID AWAY WITH GAMBLING,DRUGS,FOOD,ALCOHOL,AND WOMEN-THAT I WOULD INVENT A NEW ADDICTION-YOU KNOW WHAT GUYS-SHE'S BLOODY WELL RIGHT !!
                            DON'T YOU EAT THE YELLOW SNOW !! PS-MARVIN LOVES SPLIT SALAD !!

                            Comment


                            • #15
                              I had a conversation with a stick man at the craps table in the Venetian one year. He said that when Barkley came into the casino the whole place lit up. He was always polite to other players and dealers. he also said that no matter if Barkley won or lost he always tipped VERY GENEROUSLY....

                              later in the conversation he said that Jordan, although friendly, never tipped.
                              Remember the three R's:
                              Respect for self; Respect for others; and Responsibility for all your actions.

                              Comment

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