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: Sep 7, 2009
Posted on: February 7, 2012 11:57 pm
 

Charles Barkley lost $100K on Super Bowl bet?

I always find it interesting how people like to suggest to celebraties on how to spend their money.  I know people who bet 10 dollars, some probably more and I know some of these same people who are posting on this site, saying Charles should donate the money to a homeless shelter are people who paid 50-100 dollars playing fantasy football.  
Rumor has it that there were over a 100 million dollars worth of bets for superbowl in Vegas along and not all of it was Charles Barkley. So squash the holier than thou attitude that he should have donated his money to charity.  I am sure that  over time, Charles Barkley has raised more money for charity than you or I have ever donated.



Since: Jun 5, 2011
Posted on: February 7, 2012 11:45 pm
 

Advice for Charles...

Dear Charles:

The next time you want to gamble, please do something very simple.  Take the money you were going to bet, put it into a nice envelope, and take it to a homeless shelter.  You want to dump 100K?  How about giving 50 homeless people 2K apiece?  Even if they blow it, at least you will have made 50 people happier than they've been for a long time, and you will spend the same amount of money as if you had actually gambled.  
 
The difference between a "professional gambler" and "someone with a gambling problem" is this: the professional gambler wins and the "person with a gambling problem" loses.  You, Charles, are the latter.  Please give your money to people who need it instead of people who are rich and laughing at you behind your back.   



Since: Jun 5, 2011
Posted on: February 7, 2012 11:40 pm
 

Giselle a "loser?"

Dude: are you blind?  Exactly how is a supermodel a "loser?"  She was emotional after a game.  This is much better than a wife who doesn't care about sports but just wants the player's money and fame.  Giselle already has more than enough of both.

As for Brady, he is probably doing exactly what he should do: saying "yes, dear" and enjoying a little "tea and sympathy."  In the locker room, if he gets any grief, he can say something like "a happy supermodel wife makes for a happy home" and get on with trying to win it all next year.   



Since: Feb 9, 2007
Posted on: February 7, 2012 10:55 pm
 

Charles Barkley lost $100K on Super Bowl bet?

This isn't sports news



Since: Nov 9, 2011
Posted on: February 7, 2012 10:43 pm
 

Charles Barkley lost $100K on Super Bowl bet?

thought sir pork a lot was giving up gambling after he welched on his losses a few years back.  tell us all how to live our lives, you're a real role model in how NOT to live your life.



Since: Dec 13, 2006
Posted on: February 7, 2012 10:18 pm
 

Charles Barkley lost $100K on Super Bowl bet?

As Coleman in "Trading Places" once famously said: "What a scumbag....."



Since: Oct 24, 2006
Posted on: February 7, 2012 10:13 pm
 

Charles Barkley lost $100K on Super Bowl bet?

WOW!!! I can honestly say that that's the first time I've ever heard a post like this one on this site! HA HA! Nice!



Since: Nov 25, 2006
Posted on: February 7, 2012 10:13 pm
 

Charles Barkley lost $100K on Super Bowl bet?

he was a solid player during his career...but the guy's an idiot and just hates anything to do with NY



Since: Oct 20, 2010
Posted on: February 7, 2012 10:11 pm
 

Charles Barkley lost $100K on Super Bowl bet?

He says he doesnt have a problem cause he only bets 3-4 times a month?? Yet he blew 100 million...oh, he also said he would never bet again. Sounds like he has a problem to me. Im not hating, its his money...




Since: Oct 3, 2006
Posted on: February 7, 2012 9:55 pm
 

Charles Barkley lost $100K on Super Bowl bet?

He came on a Philly radio show last week and said he was taking the Pats with 100k, but even then he wondered why the Patriots were favored. What a dumbass.


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