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

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
Since: Feb 7, 2012
Posted on: February 7, 2012 9:36 pm
This comment has been removed.

Post Deleted by Administrator

Since: Apr 19, 2008
Posted on: February 7, 2012 8:56 pm

Charles Barkley lost $100K on Super Bowl bet?

- quit your whining about professional athletes. Love him or hate him, Barkley was one of these best ever to undertake his profession, and if you pick the very best at almost any profession they're making a ton of money. I know complainers like you like to discount athletes and sports (but then why are you taking the time to read and comment on a sports website?), but professional athletes are more talented than you, many of them work harder than you at what they do, and they make way more money for their companies than you probably do for yours. The economic system in this country tends to reward that, and why shouldn't it?

Since: May 5, 2009
Posted on: February 7, 2012 8:51 pm

Charles Barkley lost $100K on Super Bowl bet?

Then get a marketable skill and find someone to buy it quit crying

Since: Sep 24, 2006
Posted on: February 7, 2012 8:38 pm

Charles Barkley as the Gambler

You've got to know when to hold 'em

Know when to fold 'em

Know when to walk away

Know when to run

You never count your money

When you're sittin' at the table

There'll be time enough for countin'

When the dealin's done

Since: Feb 25, 2008
Posted on: February 7, 2012 8:29 pm

Charles Barkley lost $100K on Super Bowl bet?

It must be nice to have $100K to just throw around and bet on a football game.  And people wonder what wrong with the economic system in this country?  Former professional athletes have that kind of money just laying around and there are working people who can barely get by on their salaries.  What a crock!

Since: Apr 26, 2011
Posted on: February 7, 2012 8:09 pm

Charles Barkley lost $100K on Super Bowl bet?

I don't think Barkley is stupid but betting $100,000 on the Patriots to win last Sunday was a terrible bet.

That game was up in the air, imo. I bet less than I usually do and bet a buddy a movie ticket on the Giants. 

Since: Mar 29, 2008
Posted on: February 7, 2012 7:48 pm

Charles Barkley lost $100K on Super Bowl bet?

Who cares? He's rich enough to be as stupid as he wants to be.  If a normal working stiff like me lost a $100k, it would take 20 years to pay it back!!

Since: Mar 9, 2008
Posted on: February 7, 2012 7:12 pm
This comment has been removed.

Post Deleted by Administrator

Since: Jan 17, 2010
Posted on: February 7, 2012 6:45 pm

Charles Barkley lost $100K on Super Bowl bet?

So Barkley thought the Patriots defense turned it around by stopping the mighty Bronco's and Ravens offenses? Barkley you are not a smart man, but you know what gambling is, lol.

Since: Sep 18, 2006
Posted on: February 7, 2012 6:41 pm

Charles Barkley lost $100K on Super Bowl bet?

BrBrady's face showed his fear, and lace of confidence before and during the game.

Brady's LACE of confidendence must be Gisele.  I had $5 on them myself.

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