- Charles Barkley’s affinity for the game has been well known for some time.
- The Hall of Famer revealed new details about his habit to Shannon Sharpe
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Charles Barkley has revealed that he lost $25 million in accumulator bets, with the basketball Hall of Famer feeling “depressed” at times over his massive losses.
Barkley, who earned more than $40 million in the NBA and has been an analyst on TNT’s ‘Inside the NBA’ since 2000, is known to have a strong affinity for gambling.
And talking about Shannon Sharpe ‘Club Shay Shay’ PodcastBarkley divulged how high some of his bets have been over the years.
“There have probably been seven times where I’ve won a million dollars,” he said.
“But there have probably been 25 times where I’ve lost a million.”
Charles Barkley revealed that he had lost a total of $25 million gambling in Las Vegas.
Barkley made the revelation to Shannon Sharpe on the ‘Club Shay Shay’ podcast
He continued: “I felt so elated [when I won], but when I lost a million, I became very depressed. For the money, but for the loss.
‘I’d be down for a week [thinking]’Damn, did I lose a million dollars?’
It was getting out of hand. No matter how good it feels for her to win, when you lose, she just sucks.”
Speaking to Sharpe, Barkley revealed that he stopped gambling for two years and explained that sometimes he didn’t dare leave the casino.
“We’ll be sitting there, I’ll get up and my friends would be like, ‘Chuck, let’s spend the night.'”
“And in my head I’m like, ‘No, we’re not leaving this son of a bitch until he makes a million dollars.’
Previously, Barkley he told Phil Mickelson during The Match in 2021 that he wanted to be “broke” when he died.
Charles Barkley earned more than $40 million in salary during his 16-season NBA career
Barkley has worked as a broadcaster for TNT for more than two decades since retiring from the NBA.
Barkley has been married to his wife Maureen Blumhardt (center) since 1989.
Listen, everyone knows I like to play. I want to be completely broke when I collapse, Phil. I don’t want to leave all that money to my exploitative family. I’ve been taking care of them my whole life. I want to be completely ruined in my last breath.
He also said in a biography of his life, written by Timothy Bella, that his family ran an underground casino when he was a child.
“The house was like a casino on the weekends,” he said. “The boys would come on Friday and drink and play until Sunday.”
However, despite Barkley’s admitted gambling problems, he appears to be doing well financially.
The former power forward is worth about $60 million today, according to Celebrity Net Worth.
He also has endorsement deals with Nike, Coca-Cola, Right Guard, McDonald’s and T-Mobile.