Athletes who got burned on betting
Today, many people gamble online and place bets on sporting events. However, this type of activity always involves financial risk, so betting decisions should be made consciously and without treating gambling as a way to earn guaranteed income. In Poland, gambling activities are regulated by law, and legal betting services may only be offered by operators holding the appropriate licence. Only adults are permitted to participate in gambling. Using illegal gambling websites may also mean a lack of adequate player protection, difficulties in pursuing claims, and potential legal consequences. The risks associated with gambling are not limited to anonymous players — the history of sport also includes cases of well-known athletes for whom reckless betting or intensive gambling led to serious financial, professional, or personal consequences.
Tiger Woods
The world famous golfer is known to many people not only as an athlete, but also as a gambler. He often spends his time playing blackjack and poker. In a single game Tiger can lose up to $25,000. But there are reports that he can lose up to $1 million.
Michael Jordan
The truly great basketball player and “King of the Air” is familiar to many regulars in gambling establishments. Michael often plays cards and bets.
The athlete himself has spoken of having an addiction that threatens his family’s budget.
Danny McClain
This is the famous baseball player who was the best player of 1968. And it wasn’t long before fans found out that the player had a problem with cheating.
More often than not, Danny was betting on horse racing, which is an illegal activity across the ocean. And there was the problem of betting with the Syrian mafia, which he had to get involved with because of debts. Once he lost $50,000, that’s where the trouble started.
The baseball player’s career didn’t end well. After one of the games, an angry fan seriously injured the player.
Alex Rodriguez
This is a modern day baseball player who not too long ago was caught playing poker and taking part in a sweepstakes. The matter was investigated and Alex is now facing a lifetime suspension.
Wayne Rooney
The Red Devils legend is not only famous for his football game, but also for leaving nearly £60,000 for 2 hours in a casino. And previously, the player had squandered around £700,000 on a sweepstakes.
Art Schlichter
The American football player has been prosecuted 20 times for fraud and gambling. He’s been known to lose $700,000 on betting. So he had to cooperate with the FBI and surrender the betting bank where he placed his bets.
Rick Tockett
The hockey player is known to have lost the sum of $2 million on bets. This was at a time when he was practising professionally. He even set up his own betting business, which was against the law. And that hobby came at a high cost.
Charles Barkley
The basketball player’s game was not in the tens of millions of dollars. It started with bets of $70,000, and progressed to a bet of $10 million. And that’s the maximum amount he lost at a time, with 2.5 million down in just a couple of hours.
Paul Hornung
The American football player lost $13 million at a time, for which he was disqualified for a year. Upon returning to the game, Paul stopped betting and didn’t even give any more predictions.
John Daly
This golfer knows how to lose $20 million at a time. And it is he who is considered the record holder of all athletes. Although the record is questionable, in fact.
Some say that John has lost a total of around 50 million.