Skip to main content

Charles Barkley talks about gambling problems: "I lost $1 million 10-20 times"

barkley gambling (1) (1)

Apart from being passionate about basketball, Charles Barkley's second passion is gambling in casinos. Barkley himself was never shy to express himself and let the media in his personal life. In an interview with Graham Bensinger, he openly talked about his gambling problems and the fact he lost over 10 million dollars in 20 years.

Barkley said he won several millions of dollars at times playing; however, he admitted to losing even more than that ever since he started gambling back in the '80s.

"I've won a million dollars probably four or five times in a single day. I've lost a lot more millions in a single day. I've lost a million dollars at least 10 to 15, somewhere in there. I probably only won a million five or six times, but I've lost somewhere between 10 and 20, I can't get an exact number because we are going back to the '80s."

Scroll to Continue

Recommended Articles

Gambling became a sort of an addiction for Barkley, who had the mindset to win at least a million dollars every time he gambled. He didn't find fulfillment winning anything smaller than that, so his friends helped him understand he can also have fun winning less money. Barkley said he realized you couldn't win in that game against the casino, but you can smart be enough to recognize when to quit, which is something he now knows how to do.

"It got out of hand, but I quit for two years, and I remember talking to my friends who said Gambling is not your problem, you're just an idiot. We've sat on a table with you, and you were up 300, 400, 500, 600 thousand dollars, and they said let's quit. I developed this thing where I have to win a million dollars. Let's not try to break the casino because you can't break the casino, and since I developed that mentality, Gambling is a lot more fun to me, to be honest."

LeBron James & Anthony Davis

JJ Redick explains why Anthony Davis isn’t the only reason for the Los Angeles Lakers' recent turnaround

While Anthony Davis has been great as of late, the real reason for the Lakers recent hot streak is because of their sudden ability to hit threes at a high level

Trae Young & Nate McMillan

Trae Young explains what happened behind his exchange with Nate McMillian that led him not to attend the last game for the Atlanta Hawks

Young acknowledged the incident between himself and McMillan, and it doesn't seem like the relationship between the player and coach is in a good spot right now

Shaquille O'Neal & Devean George

"Hell no, that's a lie, that's cap” - Devean George clears the air on sh*tty hazing story involving Shaquille O’Neal

Tyronn Lue once shared a hazing story involving Shaquille O'Neal's excrement and Devean George's shoe. But George called cap on the rumor

Shaquille O'Neal opens up about his biological father

How Shaquille O'Neal went from being sponsored by Reebok to becoming a part-owner in thirty years

Reebok CEO Todd Krinsky opens up about Shaq's rise to part-ownership of the company that sponsors him.

USA guard Kobe Bryant

"It was a breath of fresh air" — Kobe Bryant on his favorite part of playing in the Olympics

Many have been trying to imitate Kobe Bryant, but they're only mimicking one aspect of his game.

Utah Jazz guard Jeff Hornacek

"Just point at the basket" — how Jeff Hornacek became a great shooter thanks to his wife and Walter Davis

At first, Jeff Hornacek scoffed at his wife's advice. But he loved her ever more deeply when the ball started going in.