“The problem is I love gambling too much” Charles Barkley lost $2.5 Million in 6 hours due to uncontrollable habit
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Charles Barkley
Charles Barkley has acknowledged that his overwhelming passion to win caused him to lose about $3 million in less than a day. Barkley received inadequate salary throughout his career, similar to many sportsmen in the 1980s and 1990s. Chuck never earned more than $10,000,000 a year in the league, despite being selected for several All-NBA teams, All-Star games, and MVP awards. Intriguingly and his final season with the Rockets saw him post one of his poorest stats and earn the most money of his career. Barkley acknowledges that he has a problem with gambling, but then claimed that after visiting Las Vegas, he is now several thousand dollars richer.
Over the course of a fruitful 16-year career in the NBA, he may have ‘only’ made around $45 million, but he more than made up for it with a hefty contract with TNT. It would be simple to start investing some of the millions of dollars the star still brings in each year in gambling. Barkley hasn’t always had trouble with gambling. In truth, gambling among athletes is rather prevalent. Many specialists think that a gambler’s addiction is nurtured by their competitive mentality as an athlete.
Charles Barkley and his NBA career in a nutshell
As a player, Charles Barkley was undoubtedly the biggest exception in basketball history. He was billed at 6-6 but really measured closer to 6-foot-4 due to his numbers, and he was the best power forward in NBA history, dominating opponents who were half a foot taller. Barkley is one of just six players to accomplish this milestone, joining Kareem Abdul-Jabbar, Wilt Chamberlain, Karl Malone, Tim Duncan, and Kevin Garnett as the only other five NBA players to have at least 20,000 points, 10,000 rebounds, and 4,000 assists.
But when discussing Barkley’s adventures, many people first think of his 16-year NBA career’s worth of running commentary on basketball and life, which was frequently bizarre and always entertaining. A decade after his 1999 retirement, Barkley was inducted into the Naismith Basketball Hall of Fame in 2006. Since his playing days are gone, Barkley has developed into one of basketball’s biggest off-court stars, presenting TNT’s acclaimed “Inside the NBA” coverage and providing uninterrupted entertainment for basketball fans all around the world.
Barkley and his gambling problem
In a 2006 interview with ESPN, Charles Barkley described how he had lost more than $10 million in losses overall, including one instance in which he lost $2.5 million in a six-hour period. Barkley was aware of his problems and knew it was a risky course of action. He acknowledged that he couldn’t quit gambling, though, because it had no negative effects on his personal life. He made the decision to indulge in this risky desire because he could. Although Chuck often deposits millions of dollars in casinos to play with, NBA fans were startled to learn that Barkley had earned a sizeable fortune during his nearly four decade long career in the game.
Barkley’s losses grew steadily over time, eventually amounting to between $10 and $30 million. He was previously sued by a casino for not repaying loans totaling $400,000. He did paid back the entire money, along with a $40,000 legal fee. The most astonishing aspect of it all is how at comfortable he appears to be.
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Irvin Philip
(701 Articles Published)