Charles Barkley is a former NBA player and two-time Olympic winner. Barkley played as a Power Forward for many teams. He scored more than 12,000 points in the NBA with 4,000 assists. On the other hand, Charles Barkley was a controversial player and was involved in gambling issues. In 1991, Charles Barkley tried to spit on a fan, but he eventually spit on a young girl. Barkley was addicted to gambling and this created lots of issues for the star player.

Charles Barkley earned over $40 Million from the NBA, but his greed for money never stopped. Bakley was an avid gambler. He won many games at the casino and also lost a lot of cash through gambling. In 2006, Charles Barkley revealed he lost more than $10 million in gambling in an interview with ESPN, but he did not accept that he was an addict. Charles Barkley has lost more than $25 million in gambling.

Barkley loved playing blackjack and he lost $2.5 Million in this casino game. Also, Charles Barkley accumulated millions of dollars from gambling. Barkley won a blackjack game when he was in Las Vegas. He predicted Indianapolis Colts to beat the Chicago Bears in Super Bowl XLI and received more than $700k.

Aftermath of the Charles Barkley Gambling Issues

Charles Barkley never regretted it after losing money in gambling. He also stopped betting at the Casino after receiving a civil complaint from the Wynn Las Vegas casino. Barkley accepted it and repaid an amount of $400,000 to the casino. Charles Barkley attended a game show on TNT and revealed he would stop gambling for the next 2 years.

Even after retirement, Charles Barkley remains one of the richest NBA players with a net worth of $80 million. Barkley’s shocking revelation about gambling is one of the famous incidents in NBA history. What’s surprising is he lost a million dollars every day more than 20 times. Barkley’s greed for money resulted in a loss over $25 million. Gambling didn’t affect him financially, but his fame in the NBA reached a low point.

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