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Blog Entry

Charles Barkley lost $100K on Super Bowl bet?

Posted on: February 7, 2012 2:44 pm
Edited on: February 7, 2012 2:51 pm
 
Charles Barkley may have lost big betting on Tom Brady and company. (Getty Images)
Posted by Ben Golliver 

Congratulations, Gisele, your run as the biggest loser of the post-Super Bowl news cycle is probably over.

NBA Hall of Famer and TNT commentator Charles Barkley is ready to rip the headlines from the lady friend of Patriots quarterback Tom Brady, who flipped out on Giants fans after New York topped New England on Sunday.

Yep, it's officially Barkley's turn for public scrutiny. Why? Why else? He apparently lost big money gambling on the Big Game.

In an interview with 97.5 FM in Philadelphia, Barkley told host Mike Missanelli that he planned to wager $100,000 on the Super Bowl. In a follow-up interview on February 3, two days before the big game, Barkley revealed the team he planned to bet on: the Patriots.

Here was his reasoning, via SportsRadioTranscripts.com.

Who did you put your $100,000 Super Bowl bet on?:

“I’m a big believer in ‘In God We Trust,’ and I trust in Belichick, bro. I’m going with the New England Patriots. … I’m almost changed the plane to go to Vegas because I wanted to get the 2.5. … Three scares the hell out of me.”

And how about a score prediction for the Super Bowl?:

“31-17 Patriots. … I tell you, I don’t think it’s going to be close. As quiet as it’s kept, New England had the worst defense ever to make the Super Bowl, but if you look back at the playoffs, they’ve been one of the best defenses in the playoffs and I think that’s going to continue.”
The number of points New England was giving became a non-issue, as the underdog Giants won outright, 21-17.

Barkley, of course, has a long history of gambling losses. In 2006, Barkley said his gambling problem had cost him roughly $10 million. In 2008, he was sued for $400,000 by a Las Vegas casino for unpaid gambling debts. Shortly thereafter, he announced on TNT that he would give up betting altogether.

"I'm not going to gamble anymore," Barkley said. "I'm not going to gamble anymore. Just because I can afford to lose money, don't mean I should do it. It was a pain when it broke last week but it's going to turn into a good thing. I'm not going to gamble any more."

He went on to say that his gambling was not an addiction.

"I don't think I'm an alcoholic where I walk around with a bottle or a flask every day. I gamble probably once every two or three weeks to a month. It's not like I'm going every day to get up and look at the lines for sporting events. I like to go to Vegas, it's a fun place. But I've got to stop gambling. I don't see any problem with that."

Barkley did admit in the interview that he could return to gambling in the future. 

"I say to myself I'm not going to gamble right now. Is it for life? I don't know the answer to that question. For right now, the next year or two, I'm not going to gamble."

Well, at least that's no longer in question now.
Category: NBA
Comments

Since: Aug 27, 2006
Posted on: February 8, 2012 10:17 am
 

Charles Barkley lost $100K on Super Bowl bet?

“I’m a big believer in ‘In God We Trust,’ and I trust in Belichick, bro. I’m going with the New England Patriots. … I’m almost changed the plane to go to Vegas because I wanted to get the 2.5. … Three scares the hell out of me.”

Line was NE-2.5, but NE-3 scared the hell out of them?  Worst case scenerio besides that Pats not winning by 2 or more is that they win by 3, then he pushes with the line at -3 instead of wins with the line at -2.5.  Why would a push scare the hell out of him????



Since: Feb 8, 2012
Posted on: February 8, 2012 10:03 am
 

Charles Barkley lost $100K on Super Bowl bet?

Sir Douche Bag strikes again!!!!!!!!!!!!!!!!!!!!!!!!!!!! Cool




Since: Sep 14, 2006
Posted on: February 8, 2012 9:30 am
 

Charles Barkley lost $100K on Super Bowl bet?

barkley is a brainwashed philadelphian who hates all things new york due to his inferiority complex.....GO BIG BLUE!!!! GET ONE FOR THUMB !!!!



Since: Oct 7, 2009
Posted on: February 8, 2012 8:18 am
 

Charles Barkley lost $100K on Super Bowl bet?

this absolutely don't make any sense!!!! if you bet $1,000 on the Giants you wouldn't have gotten back $2,500!! the Giants were +115 on the money line, you would have gotten back $1,150!!!! you would have been almost better off betting the game with the points. i am glad the Giants won, but they were not the superior team, glad you won your bet, congrats!!!!!



Since: Oct 7, 2009
Posted on: February 8, 2012 8:05 am
 

Charles Barkley lost $100K on Super Bowl bet?

yeah the Giants were the obvious pick? they were the way better team, NOT!!!! they were one dropped pass away from losing!!! i am not  a fan of either team but the Giants were very fortunate to win that game!!! it was a pretty even game and either team could have easily won!!!! if Welker don't drop that pass you were probably a LOSER!!!!! worse case scenario there is the Patriots kick a FG and manning has to go the length of field with minimal time left!!!! so please stop saying that the Giants were the dominant team and they rolled new england, in a way, they sort of got lucky!!!! i wanted the Giants to win, but to say they were the superior team is crazy, the Patriots were favored for a reason!!!!!!



Since: Sep 22, 2009
Posted on: February 8, 2012 8:03 am
 

Charles Barkley lost $100K on Super Bowl bet?

What kind of article is this?   It states Charles is "going to bet 100k and it will be on the Patriots."  We have no idea if he actually bet on the game or not, or how much, but the writer automatically assumes he did and lost 100k.   Horrible journalism.  No fact at all.



Since: May 7, 2010
Posted on: February 8, 2012 5:39 am
 

Charles Barkley lost $100K on Super Bowl bet?

Look, barkley obviously made the wrong decision in who he bet on. The reason he loses in gambling is that he lets his personal emotions cloud his judgment on who he bets on. I'm a colts fan obviously and for the record I don't hate the patriots. Even I knew 
that Eli has Brady's number and that the Giants in all likelyhood, would pull off the win. Gronk was hurt, the CB's were depleted, Bill
Beliechiek is good, but even he can't work miracles. I bet $1000 on the giants straight up, took no points, and am sitting with $2500
coming to me because i was smart enough to figure out in all likelyhood should win the game.
This is similar to blackjack, if you count the cards instead of randomly playing, it works, not cheating, just increasing the odds.
BTW, I didn't know 100% obviously who would win the superbowl, but it seemed pretty obvious to me and it should of been to anyone else as well that payed attention to these teams.

After the fact anyone can say they took giants money line. If u did nice hit. i cant agree with you blackjack theory on sports betting. your basically saying sports betting is like counting cards witch is complete BS. you have human element to account for like all the dropped passes that would have won it for NE. did u take the giants last SB money line too?



Since: Mar 10, 2008
Posted on: February 8, 2012 2:47 am
 

Charles Barkley lost $100K on Super Bowl bet?

Hi, im Charles Barkley..I lost 100k betting in the Super bowl, but im a big winner with Weight Watchers.
I already feel slim and trim going on weight watchers.Its the best thing ever..
I may be a sore loser at betting, but im a big winner at losing weight..
So what are you waiting for, get on that Weight Watchers diet like I did and lose some weight.
Than pick the Patriots and lose lots of money like I did! Im such a good role model:)



Since: Dec 7, 2011
Posted on: February 8, 2012 2:25 am
 

Charles Barkley lost $100K on Super Bowl bet?

charles is funny. how did a guy that big dunk the ball all the time and get all those rebounds. he is only about 6ft5in.



Since: Apr 3, 2010
Posted on: February 8, 2012 1:27 am
 

Charles Barkley lost $100K on Super Bowl bet?

Look, barkley obviously made the wrong decision in who he bet on. The reason he loses in gambling is that he lets his personal emotions cloud his judgment on who he bets on. I'm a colts fan obviously and for the record I don't hate the patriots. Even I knew
that Eli has Brady's number and that the Giants in all likelyhood, would pull off the win. Gronk was hurt, the CB's were depleted, Bill
Beliechiek is good, but even he can't work miracles. I bet $1000 on the giants straight up, took no points, and am sitting with $2500
coming to me because i was smart enough to figure out in all likelyhood should win the game.
This is similar to blackjack, if you count the cards instead of randomly playing, it works, not cheating, just increasing the odds.
BTW, I didn't know 100% obviously who would win the superbowl, but it seemed pretty obvious to me and it should of been to anyone else as well that payed attention to these teams.


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