Showing posts with label Gambling. Show all posts
Showing posts with label Gambling. Show all posts

Friday, December 18, 2009

Week 15 Picks: Video Message Taken on TBJ

After submitting hundreds of e-mails and drunk phone calls to the basketball jones, I finally decided to up my game and make a video. I submitted a question about the NBA All-Defensive team that was first brought up on this site when Babcock, Casten, and I did a NFL picks podcast last season. I am proud to have sparked such enthusiastic discourse.

My question comes 12:24 into the episode below (although the whole episode is great, so watch all of it). It's nice to get Boner Salad some international exposure.

Ep. 486: Cry Foul from The Basketball Jones on Vimeo.




The Basketball Jones is hands down the best podcast out there, and everyone should be helping them out. You should email feedback@thescore.com (Canadian television network, and also international website that features great liveblogging and Jones videos) and let them know that you want to them to include more basketball jones.


We've got quick-hit picks this week. Here they are:

NEW ORLEANS -7 over Dallas

Green Bay +2 over PITTSBURGH

Miami +3 over TENNESSEE

NEW ENGLAND -7 over Buffalo

Arizona -12.5 over DETROIT

PHILLY -8 over San Francisco

JETS -4.5 over Atlanta

Chicago +11 over BALTIMORE (seems like a steep line to me. But I don't really recommend this. If anything throw Baltimore into a teaser)

KANSAS CITY -2 over Cleveland

Houston -12.5 over ST. LOUIS

SAN DIEGO -6.5 over Cincinnati

DENVER -14 over Oakland

SEATTLE -6.5 over Tampa Bay

MINNESOTA -9 over Carolina

NY Giants -3 over WASHINGTON



10 point teaser of the week: Baltimore -1 over Chicago, Denver -4 over Oakland, and San Diego +3.5 over Cincinnati

Lay it down.

A few tunes to get you through this frigid weekend:






Friday, November 13, 2009

Week 10 Picks



Watching Philip Rivers, LaDainian Tomlinson, and Shawne Merriman triumph over the Giants in the meadowlands in the final minute on Sunday felt like being neutered. I haven't been able to watch or talk about football since it happened. Hopefully, I'll be able to bring myself back this weekend. And, more importantly, hopefully the Giants will pull themselves back together. There couldn't be a more aptly timed bye.




NY JETS -7 over Jacksonville: You can officially bury whichever team loses here. I'm assuming (as I'm hoping the Giants will do this week) that the Jets were able to find their early season form over their bye week. I like them at home in this one.


Denver -3.5 over WASHINGTON: Apparently that Steelers victory made quite an impression on Vegas. Only 3.5? That wouldn't be enough even if Clinton Portis were playing.....which he's not.


PITTSBURGH -7 over Cincinnati: There is no way the Bengals beat Pittsburgh twice this year.


TENNESSEE -7 Buffalo: I said in my week 1 picks that I really thought this Tennessee team was good, especially on defense. I still feel that, personnel wise, they are very talented. Now that they've got some positive momentum, I like them to win their third straight this weekend at home. Perhaps the biggest nonstory in this one is that we're still not sure whether or not TO will play due to his injured hip.


MINNESOTA -17 over Detroit: This line is really steep, and I'd love to take the Lions. BUT, how can I go against the Vikings coming off of a bye week? I can't. But, I really wouldn't feel good laying it down on these 17 points. I'm looking forward to Detroit on Thanksgiving.


NEW ORLEANS -13.5 over St. Louis: The Saints have shown that they can spot good teams double digit points and come back to win. They won't get behind against St. Louis, which means we're looking at complete destruction.


Atlanta -1.5 over CAROLINA: Pass.


Tampa Bay +10 over MIAMI: What a great surprise it was to see the creamsicle uniforms resurfacing. I love those uniforms. I think the pirate on the helmet is badass, and the colors are great. I also like what we saw from Josh Freeman, and I think he and Chad Henne will have a close matchup this weekend.


OAKLAND -2 over Kansas City: The Chiefs have played teams tough on a more consistent basis. But, all logic goes out the window when the Raiders are at home, where they've given San Diego a run for their money and have also beaten the Eagles.


ARIZONA -8.5 Seattle: I really thought that this Seattle team was going to be, at least, as good as the Cards. But, clearly, I misread that one (keep in mind, I also said "I like how this Browns team is built" in week 1).


Philadelphia +1.5 over SAN DIEGO: This is how much I hate the Chargers. The Eagles are coming off a tough loss. They got spanked last time they went out West. So, I think they'll be especially motivated. On top of that, everyone hates Philip Rivers, and I don't think the Eagles are immune to that. They won't let this happen.


DALLAS -3 over Green Bay: Dallas seems to be really hitting their stride. They should be pretty tough to beat from here on out, setting us up perfectly for another epic late season choke.


New England +3 over Indy: The Colts have to lose at some point, and this is the opponent best armed to take them down. Bill Belichick knows what to do.


Baltimore -11 over CLEVELAND: I'll be surprised if there isn't a riot in the stands at the end of this one.

Friday, October 23, 2009

Week 7: Looking to Bounce Back




KANSAS CITY +5 over San Diego: I don't really have the logic to explain myself here. My head is saying I should pick San Diego. But, I hate the Bolts, and they really are not good. They haven't impressed me once so far this year. This Chiefs team seems to be growing more confident each week, and they haven't won at home yet. They're due. The way the Chargers have looked, I think the best case scenario for them this week is a 3 point win.


Indianapolis -13.5 over ST. LOUIS: The three team tease is back and more reliable than ever. The Colts should be at the top of your teaser flow chart every week. You don't even need to look at the matchup. It's like the new Velveeta version of Easy Mac. You can't go wrong.





Chicago +1 over CINCINNATI: The Bengals looked very ordinary last week, and I really don't think they're as good as that 4-2 record. The injury to Antwan Odom makes this game a lock for the Bears, who have impressed me even in their losses. Also, doesn't it seem like it would be smart to always tease an underdog against the Bengals? They seem to always win on the last minute, ensuring a small margin of victory, or they lose. Either way, with the tease, you're probably in good shape.



Green Bay -8.5 over CLEVELAND: The Browns suck, and they seem to be getting worse. I'm really not sure what else you want from me.



Minnesota +5.5 over PITTSBURGH: The Steelers have won 9 in a row at home, and they'll have Troy Polamalu, a major game changer, back in action. But, I just don't like that pass-happy offense against this Vikings defensive front. This could be a long day for Big Ben. The Vikings big wins (San Fran, Green Bay, and Baltimore) have come at the Metrodome. This will be their first major road contest (they've been at Cleveland, Detroit, and St. Louis). This win in Pittsburgh will be a major statement.



New England -15 over Tampa Bay: Last year I lost when I wagered on the London game. I expected the Giants to steamroll the Dolphins, but the rainy field in London made it just a three point game. But, after last week, I certainly can't justify taking Tampa because of weather considerations. The Patriots are building momentum.




San Francisco +3 over HOUSTON: Frank Gore is back, Glen Coffee has some experience under his belt, Michael Crabtree is in the starting lineup, and I love the Niners from this point forward. Plus, they are coming off a bye, and they were embarrassed their last time out. I can only imagine that the image of Mike Singletary's grundle is permanently burned into Dre Bly's memory after that one.




OAKLAND +6 over NY Jets: 6 points? really? The Jets have lost three straight, and haven't looked good doing it. Their head coach seems completely shell-shocked after these losses, and they're bringing a rookie quarterback into the black hole to face a tough defense. On the other hand, the Raiders seemed to have bounced back extremely well from the ass whooping the Giants put on them a couple of weeks ago. They just beat a team that was playing in the NFC championship game last year, their coach was just cleared of assault charges, their new stud defensive lineman has guaranteed they will make the playoffs, and their recently deceased players are coming back to the field as pigeons. Yeah, I like Oakland here.







Buffalo +7 over CAROLINA: I don't care if Ryan Fitzpatrick is playing quarterback or not. There is no reason for Carolina to be giving 7 to anybody besides St. Louis.



New Orleans -6.5 over At Miami: Miami is a very popular pick this week. I guess I understand it from the standpoint that the wildcat might neutralize the Saints pressure and Miami will chew up minutes. But, I will direct your attention back to Monday night in week 2. Miami perfectly executed their game plan, holding the ball for over three full quarters. And yet, despite having less then 15 minutes of possession, Peyton Manning was able to score his points quickly enough to win the game. The Saints can do the same thing.



DALLAS -4 over Atlanta: I love Dallas coming off the bye here. Some of you out there might be wondering what it's going to take for me to believe in the Falcons. I don't have an answer. Every week I'm wrong about them, and I'm still not convinced.



NY GIANTS -7 over Arizona: I wouldn't want to be the Cardinals this week. The Giants were embarrassed last week. They are better than they showed, and I'm sure they are itching to get back out on the field. They were getting blown out in the first half, and they still had a chance to make it a one possession game had it not been for Roman Harper's forced fumble.

CC Brown had the Roy Williams syndrome last week. He was so eager to play the run that he got roasted in the passing game. Of course I'd rather have Kenny Phillips. But Brown started in this league for 4 years with Houston, and I expect him to bounce back and at least play competently from here on out.



Philadelphia -7 over WASHINGTON: NFC East divisional matchups are always closer than you'd think. Were it not for the Eagles losing to Oakland last week, I might like the Skins here. But, like the Giants, I'm sure the Eagles have had a bad taste in their mouth all week.



Your Teaser of the Week:




10 point teaser:

Indy -3.5 over St. Louis, Green Bay +1 over Cleveland, and New England -5 over Tampa Bay.

Saturday, January 10, 2009

Can Steph Help the C's Get Their Swagger Back? Plus..the Playoff Picks




Don't try and convince yourself, that was not a close game last night. The setting was perfect for them to make a statement, and because of that it would have been nice to see a sense of urgency. Even if they hadn't been sliding, this was a huge game. I had it circled in December, during the midst of a huge winning streak, because I knew Cleveland was right on our heels (those were good days..) and I knew that this was a possible Eastern Conference Finals matchup. This should have been one of the most epic games of this regular season. And yet, the only player on the court that seemed to grasp the magnitude of the night was LeBron James.


Now, I'm not panicing by any means. Kelly Dwyer has been saying this week that what we're seeing from the Celtics is "regression to the mean". I like the way that sounds. Normal NBA teams go through these types of skids. But, something happened this morning that I never expected:


I woke up, got out of bed, and said to myself "man, we NEED Stephon Marbury."


I was livid when I first read the reports that the Celtics were interested in bringing Marbury on board. But, this morning, it makes sense. They said on the radio last night that Rondo has been in a lot of pain from being knocked hard to the floor so many times. We're not even halfway through the season. He's going to need some stretches in which he plays fewer minutes. On top of that, although he did have a stretch earlier this year where he looked like the best point man in the East, Rondo is still a work in progress.

Marbury would give the Celtics a guy that could play a lot of minutes when Rondo struggles. Additionally, he will keep defenses more honest than Rondo or House can. Teams cannot leave him open to shoot as they do with Rondo, and yet he can create offense and handle the ball better than House can. In fact, he could be very dangerous on the floor with the starting unit.

Marbury's "cancer" effect is well documented (if you haven't read this yet, get on it!). But, I'm not really concerned that he will be able to negatively change the chemistry of this team. The leadership is too solid. On top of that, who in the NBA has more to prove than Marbury (you could argue several people here, but just stick with me)? The guy DOES NOT WANT to be a cancer. He grew up devoting his life to basketball. I'm sure it kills him that he has developed this reputation. I think the sense of rejection that he felt from the Knicks this season really hurt him and led to the actions that we're seeing (sorry, I've been attending native american peacemaking circle training for the past two days and I am going for the final day in about 15 minutes). I think he will be ecstatic to be joining such a great organization, and I think he will be happy to contribute.

I have heard several people on the radio make the "Manny to the Dodgers" comparison. That doesn't work that well for me. I think Randy Moss to the Patriots is a more accurate comparison. The Oakland Raiders and the New York Knicks parallel one another in many eerie ways. Marbury is a real talent, and I think he would relish the opportunity to join forces with guys like KG, Pierce, and Ray Allen (as Moss felt with Tom Brady). This is a shot at redemption for him.

So, there it is. I'm crying out for Stephon Marbury. We need some swagger back. We need to shake it up. I also really, really hope PJ Brown is working out right now and that he and Danny Ainge have already had phone conversations about when exactly he will be joining the team, but only time will tell.






The Picks:

TITANS OVER RAVENS: This is going to be a battle, but I expect the Titans to run on Baltimore. The Titans will lock down McLain and Mcgahee.

CAROLINA OVER ARIZONA: The line is something insane (I think 9.5) on this one. I don't expect it to be that lopsided, but Williams and Stewart will keep Carolina's offense on schedule.

GIANTS OVER EAGLES: A new season starts now for the Giants. If you've actually been watching the Eagles, they aren't that scary. If Philly plays the game they played last week, the G-Men will run away with this one.

SAN DIEGO OVER PITTSBURGH: The Steelers can't protect Ben Roethlisberger, and I don't think their offense will be able to do anything against the Chargers, who have just the right kind of momentum right now.

Friday, October 3, 2008

Take 5 Week 5


I have returned from the bye-week, refreshed and ready to go...For the year I'm 9-6 vs the Spread. Let's get it on...



1) Indianapolis (-3) @ Houston

If the Colts aren't poised for a breakout game then I don't have two middle names.


2) Chicago (-3.5) @ Detroit

The Lions have had miserable starts to every game this year and with Chicago's defense playing the way it is and Orton being efficient enough the Bears should be able to hold off Detroit by more than a field goal. I'm not saying its going to be pretty, in fact I would recommend not watching this game at all, especially if you have money on it.


3) Jacksonville (-4) vs. Pittsburgh

Roehtlisheishberger willed the Steelers t a Monday night win but at this rate he will be doing pregame analysis next to Marino in about 3 weeks. I have to think that the number of sacks allowed + QB yelling at O line - every decent running back on the team = not going to cover. However, Troy Polamalu does have a lot of hair.


***Upset Of The Week***

4) Buffalo (+1.5) @ Arizona

The Cardinals are going to be missing Anquan Boldin and recent reports confirm that Kurt Warner's wife is still ugly.


5) New York Giants (-7) vs Seattle

Seattle should have kept the Sonics and sent the Seahawks to Oklahoma City...doesn't this make so much more sense. Shouldn't Oklahoma have a football team??? Seahawks are 1-7 coming to the East Coast over the past few years. Man, I miss Nirvana.



As promised here are your three 3 team teasers for this weekend's College football games. I'm working on the assumption that your 3 team tease will get you 9 points to work with on the spread for each game. That's the way it works for this guy I know who knows another guy who bets on sports. FYI I get the lines for take 5 off of a site called Vegaslines. There are probably a million other sites to get them from all with some possibility for variation, I just use this one because it looks as though it was designed by an 8th grader in 1997. The pairings of these teases are somewhat arbitrary, but use a combination of any of the teams below and you'll have a great chance to make some money. And if you're always interested like me, Check out Scott Ferrall's free picks here..this guy kicks ass, if you don't have Sirius/XM than you're missing out on his show, its awesome.


The "I never bet on BC because it makes me feel wierd, but I'll do it this weekend" Tease:


1) Wisconsin (+10.5) vs Ohio State, BC (+1) @ NC State, Auburn (+5.5) @ Vanderbilt


The "Making a Run for the BCS" Tease. (Ok Im just kidding about Uconn but they're not getting much respect here)


2) UConn (+16.5) @ UNC, Alabama (-7) vs Kentucky, Missouri (-1) @ Nebraska


The Strictly Home Team Tease:


3) Notre Dame (+2.5) vs Stanford, Michigan St. (+2) vs Iowa, Mississippi (+7) vs South Carolina


Have some fun with these. Sometimes three is better than one, you know?

U. S. A.

Tuesday, June 24, 2008

Vegas, baby

After spending four days in Las Vegas, I can safely say that "whatever happens in Vegas, stays in Vegas." So instead of discussing various exploits, which included hanging out with Willie McGinest (no, I am not kidding), I will give you some thoughts on the City of Sin, raw and unedited:

1. Las Vegas represents the very best of America and the very worst of America.

Vegas hotels embody this concept. They are modern marvels, featuring the best in architecture, food, service, and amenities. They also represent some of the best commercial real estate developments in the world, bar none. For those of you who view America as a modern-day Roman empire, Vegas represents the peak of building and human triumph during this particular gilded-age. It’s as if humans have built a modern day Babylon to the god of money. You can see it soaring into the Vegas sky from the Strip. Just go there and take a look.

Where else can you find 10-12 hotels with 10,000 rooms, 5-star dining, gourmet buffets, beautiful pools, lavish casinos, and world-class shopping within a five-mile radius? Answer: no where else.

The strip is really a testament to American ingenuity or better yet, a clever response to the demand for high-end resorts and hotels. Attention to details, combined with the miraculous ability to keep visitor's costs low, make Vegas the premier attraction for vacationers and cash-heavy Americans. Want examples?

- The hotels keep everything clean and in tip-top shape
- The service is amazingly good - Polite, knowledgeable, and accessible people make these hotels run smoothly
- The food is always good, and readily available (you can eat the Bellagio buffet for 20 bucks and have some of the best food in the world)
- Small details like the amount of booze in your drinks are always thought through. Think of the movie Casino where Ace asks his chef about the blue-berries in the muffins.
- The hotel architecture is thematic and completely over-the-top; some would call it pleasing to the eye (but not me!)

Paradoxically, Vegas attracts some of the seediest elements of American society. Drugs, hookers, addicts, organized crime -- you name it. With the very best of America comes the very worst. Exploitation, greed, and sin. But a far more insidious force was in play in Vegas. Scratch the surface and the rot is exposed if you look close enough.

Everyone knows the mob founded Vegas. Everyone knows about prostitution and how it exploits women. Fair enough. Nothing new to me. What really surprised me, however, was something completely unexpected. It was the sheer amount of people visiting Vegas who a. probably couldn’t afford to be there in the first place and b. were getting ripped off by the casinos. Basically, people were getting hosed left and right. Cheap flights, deals on hotel rooms, and cheap buffets make Vegas a good destination for people on a strict budget. But the gambling at these hotels changes this picture entirely. What I saw in Vegas was people throwing away fortunes on the card-tables. And these people were not high-rollers or foreigners with money. They were regular dudes like you and me.

Even if you saved a boat-load of money on your trip-planning, how can you justify gambling thousands of dollars on Vegas card tables? A quick google search will remind you that the odds are ALWAYS stacked against you in Vegas. In other words, the house always a slight percentage edge in each of their games. That said, gambling is like throwing away your money for the slight chance you'll come out ahead. Insane, right?

The problem with Vegas is that attracts people without a lot of money who are suckered into going there with cheap flights, food, and rooms. The reasoning is simple: with the money I don’t spend on rooms and food, I will use for gambling. The Casinos basically make a wager that says: I will make it cheap and easy for you to get here, but in exchange you will gamble enough to make this arrangement profitable.
The Casinos basically hose you for four days and when you're done staying there, you've lost a ton of money. And this brings me back to my original point which is that Vegas brings out the worst in American society. On the one hand you get nice hotels and modern marvels. But on the other hand, you have casinos ruthlessly exploiting people who can't afford to be living or experiencing this lifestyle. You could call it American capitalism at its best or exploitation at its very worse. Either way, it bothered me to a certain degree.

2. Vegas attracts all sorts of interesting people and it functions as a microcosm of America. The weak dollar also makes Vegas an international hotbed of intrigue.

People watching in Vegas is like attending a zoo for the planet earth. You will see every type of person imaginable. Instead of over-generalizing or even attempting to describe what I saw, I will give you a list of my top-four favorite groups:

1. The guy's weekend. Walk around the tables in the Casino and you will quickly identify this particular group. They are rowdy and drunk and ready to high five you after hitting blackjack or seeing the dealer bust. Since most of them married, they quickly want to know “what the women are like in Vegas” since they can’t go out to the singles bars. These guys are about 30-50 and they’re there with friends, looking to win big or come home ahead. These guys also love the strip clubs, a topic they will broach without prompting at the black-jack tables. High-five! Texas rules! 2. The family vacation. Since Vegas has to compete with Indian Casinos, guys like Steve Wynn and Adelson decided to make Vegas a family destination which can attract non-gambling dollars. How do you do this? Build museums, theme parks, golf courses, shopping malls, and “stuff the kids and wife will like.” Well, it worked. Walk around Vegas and you will see 14 year old kids accompanying their parents through the hotel lobbies. This is weird because the gambling age is 21 and you’re literally not allowed on the floor unless you look over 25. Families will also haul their small kids onto the gambling floor, throwing dice or hitting the slots while junior sleeps on their back or arm. Not a pretty sight!

3. The foreign whale. The American dollar is weak relative to other currencies. Aside from boosting exports and weakening the trade deficit, the weak dollar sparks investment into the United States from outside investors or in this case, whales. Whales are a classic Vegas term, which embodies the concept of a foreign gambler who has been flown into Vegas in order to gamble obscene amounts of money. Vegas will show you plenty of that, but I’d like to add a new category: the foreign dolphin. With the dollar so cheap, Vegas is inundated with foreigners looking to spend their money. They may not be millionaires playing 10,000 dollar blackjack, but they’re staying in Vegas to have some serious fun and spend money on clothes. I call them dolphins because they are aquatic mammals smaller than Whales.

4. The addict. Sadly you will notice your fair share of addicts or desperate people. Like alcoholism, gambling can become an addiction or even a disease. And Vegas seems to attract these types of people for obvious reasons.

Friday, May 16, 2008

Vegas: I will own you

Pop quiz, hotshot: What do John Daly, Charles Barkley, and Michael Jordan have in common? Answer: They are successful athletes who enjoy gambling. Question number two: There's a bomb on a bus. Once the bus goes 50 miles an hour, the bomb is armed. If it drops below 50, it blows up. What do you do? What do you do? Question number three: What else do they have in common? Answer: After a successful career, they lost a ton of money gambling. For example:

· “In an ESPN interview in May 2006, Barkley estimated that he'd lost about $10 million gambling over the years.”

· “In a 2007 interview with Phoenix television station KTVK, Barkley said he lost $2.5 million "in a six-hour period" one night last year.”

· On May 2008, “Charles Barkley acknowledged he owes a $400,000 gambling debt to a Las Vegas Strip casino and promised Thursday to repay it after a prosecutor said the retired NBA star faced criminal charges.”

· In 2006, John Daly admitted losing over $50 million dollars in gambling over the last 12 years.

· In a 2006 interview with Ed Bradley, Michael Jordan admitted, “he’s made some reckless choices at the gambling table with his money.” Jordan goes onto say, "Yeah, I’ve gotten myself into situations where I would not walk away and I’ve pushed the envelope.”

FOCUS, JACK! Your concern is the athlete's gambling problem. And don't try to call Larocque for this one. The radio's down. All right, pop quiz: why do these athletes continue gambling after losing so much money? Common sense would dictate that after losing millions of dollars, or at least a sizeable portion of your net worth, you would give it a rest, right?

"You're crazy! You're fuckin' crazy!"

But let’s say you did your homework and found out that the odds are always stacked against you at the casino. Blackjack, for instance, gives the house a 52% edge and to the best of my knowledge, craps is the only game which allows gamblers to break even. So why on earth would you continue gambling if: a. you keep losing a ton of money b. it’s basically impossible to EVER win at the casino? A TNT analyst asked Barkley this question, and he replied:

"It's not a problem. If you're a drug addict or an alcoholic, those are problems. I gamble for too much money. As long as I can continue to do it I don't think it's a problem. Do I think it's a bad habit? Yes, I think it's a bad habit. Am I going to continue to do it? Yes, I'm going to continue to do it…I'm going to continue gambling. I like to gamble. It's really nobody's business, because it's my own money, I earned it.”


Barkley’s response is fascinating on many levels and I think it gives us a window into the mindset of athletes who gamble for outrageous sums of money. Be prepared! This isn't the Boy Scout marching song.

First of all, Barkley admits his gambling is a problem, but doesn’t entertain the notion that it can be an addiction like drugs or alcohol. Drugs and alcohol exist on a separate plane from gambling and from an athlete’s perspective, drinking and doing drugs could ruin your career while gambling is just harmless fun in the offseason. Gambling is legal and while I may lose some money, my ability to play basketball and therefore make more money is not diminished.

(Of course I am merely speculating as to what an athlete may think about gambling, but what I can say for sure is that denials like this one are a sure sign of an addiction. Despite what Charles may say, gambling is addictive just like drugs and booze. And as you all probably know, denial is the first sign of an addiction.)



Barkley also reminds us that not only can he afford to gamble like a madman, but also that the way he spends his time and money is no one else’s business except his own. I suspect his thinking goes like this: after playing basketball throughout my 20s and 30s, I made a ton of cash and now I have free time to burn. I have more money than God, so who are you to say I can’t gamble it away? “I like to gamble. It's really nobody's business, because it's my own money, I earned it.” The whim of a madman...I like that!
Fair enough, Sir Charles. Spend away! You can think of this mentality another way: what may be a lot of money to regular people is really not that much to rich people. Buffet spending a million dollars is like a regular guy spending $5,000 dollars: probably too much to be gambling, but well within their ability to pay-back over a reasonable length of time.

And what about the overwhelming desire to win and the consequences that may have on your mentality or actions? Jordan and Barkley were fierce competitors and both had the “whatever it takes” mentality during their hey-day.
You think these players wouldn't have been prepared for gambling losses, right? Two years they spent setting up that playoff career, two years they invested in it. You couldn't understand the kind of commitment players like that have. You ruined a man's life's work with this gambling and you think you can walk away? You got blinders on to the world! But I got your attention now, didn't I? Maybe your desire to win “no matter what” makes you do stupid or irrational things sometimes? In his 60 minutes interview, Jordan explains this concept as it relates to gambling:

"I want to win. I want to go out on a limb and win,” says Jordan. "And sometimes that can take you past the stage that you know you probably should take a step back from. Sometimes I don’t look at that line. I just step over that line. But once I step over it and I feel the lack of success,
it’s very embarrassing things.”

It's a game. If he gets the money he wins, if the bank account blows up he wins.

Whichever reason you choose to believe, it’s always interesting to read about how athletes gamble away their fortunes. I like to think about it this way: no matter who you are or what you’ve done, Vegas is the ultimate equalizer. You can bring a ton of hustle, talent, or hard work to Vegas, but it will always eat you alive and then spit you out.

That said, I can’t wait for my Vegas trip in June....and Speed 3 if they ever make it.