Casino Workers Spill The Secrets Of The Gambling Industry On Reddit. 2012-05-23T15:38:00Z The letter F. Stories, strategies, and tips for better personal finance. Jun 18, 2013 It was a gambling binge that ended up costing him over $200 million. During that year, 6% of Harrah's total Las Vegas gambling revenue came from Terry Watanabe. He gambled so much that Harrah's invented a new tier in their Total Rewards program just for him called “Chairman.”. Editor’s Note: We are grateful to Ms. Jodie Nealley for sharing her story with readers of The BASIS. Throughout, we have provided links to journal articles and other sources to illustrate how aspects of Jodie’s story coincide with scientific findings.This Editorial is part of our month-long Special Series on Gambling Disorder. To understand my story you need to understand my addictions.

A Reddit member with the username WSBgod claims to have made millions of dollars in unrealized gains from options linked to Tesla stock.

One of the greatest advantages Michael Jordan benefitted from in his career is that he played in the pre-social media age. Who knows how the MJ gambling addiction narrative would have played in a time when people consider it their God-given right to know everything about everyone. Jordan’s personal brand thrived off mystique, a luxury modern-day icons go without. This is why everyone has seen Draymond Green’s dick.

Michael Franzese, former New York mobster and captain of the Colombo crime family, is one of the few who witnessed first-hand MJ’s appetite for gambling. Franzese, who in 1986 made Fortune Magazine’s list of Fifty Most Wealthy and Powerful Mafia Bosses, had close relations with several athletes who were gambling at his establishments and also provided security services for companies and events, which is how he met Michael Jordan.

In an appearance on Mike Tyson’s Hotboxin podcast in April, Franzese described witnessing just how ferocious MJ could be when it came to winning and money.

“I love Jordan, to me, he is still the all-time favorite basketball player, but we were once in a security meeting with the NBA. Michael was playing the head of security in table tennis for five bucks. Of course, Michael wins, he wins at everything. So Horace has his warm-up suit on, and Michael goes where are my five bucks. He said that it’s up in his room, so he goes up and tells him to go out to get it.”

“Horace looked at him and said, five bucks Michael. He said yeah, this is my trophy, I beat you. He puts it in his pocket and walks away. I said, wow, this is intense.”

One of the dirtiest conspiracies tied to Jordan’s gambling plight is whether the mafia or drug organization killed Michael Jordan’s father, James, due to his son’s unpaid gambling debts.

The former mob boss appeared on Vlad TV to lend credibility to this narrative.

“I don’t have first-hand knowledge of this, but being as I was working with the NBA at that time, I was told two things:

One, he was told to leave the NBA around the time his father got murdered, because stories were about to come out and there was a lot of heat on the fact on the fact that because of Michael’s gambling habit, his father paid the price. And the NBA didn’t want the press, so they asked him to leave for a while, and that’s when he went to play baseball. And then when things settled down he came back. The plan was always, from what I was told, for him to come back.

I heard this from a source who was pretty knowledgable, somebody I knew pretty well inside the NBA.”

During the murder trial in 1996, convicted murderer Daniel Green dubbed his co-defendant, Larry Demery, the trigger man. He then said something suspicious:

“He said you did it,” reporter Mark Roberts asked. “How do you feel about Larry Demery?”

“I feel that both of us are pawns in a game,” Green said. “Of course, I’m upset for the way he did it.”

Larry Demery is currently being considered for parole via the Mutual Agreement Parole Program.

Michael Jordan is known for being the best player in the history of basketball, being as dominant on the offensive end of the court as he was on defense, constantly making the highlight reels and knocking everybody off their feet with his crafty moves.

Thus, the six time NBA champion and ultimate leader of the original American Dream Team made a lot of friends and enemies during his entire career on his way to stardom, although nobody could ever disrespect the GOAT or diminish his impact.

Gambling Addiction Stories Reddit

In fact, Michael was so damn fierce that he even punched his own teammate Steve Kerr in the face during practice, being a very tough guy to deal with if things didn’t go the Bulls way and definitely not the guy you want to be rivals with.

And most of this kind of behavior can be explained by what could’ve been Michael’s main feature: his competitiveness. Michael just hated losing, whether it was a pickup game, a ping pong matchup or game 6 of the NBA finals, this guy just couldn’t handle defeat.

Furthermore, his competitive spirit and determination to win often pushed him over the edge, although that wasn’t always positive, as he’s been known for struggling with gambling and losing a lot of cash in Vegas for this affection.

Betting on Rock Paper Scissors

As a matter of fact, one of his former teammates even stated that the multimillionaire face of the Jordan brand actually betted as much as 100K dollars in rock, paper and scissors matchups against other buddies, and even if you have as much money on the band as MJ does, this is just bananas.

Golfing and losing

The former San Diego Sports Arena manager Richard Esquinas was actually inspired by his royal Airness as most of us were, but for many different reasons, as he talked about Jordan’s gambling problem in his best-selling book, stating that the greatest player in basketball history actually owed him almost 1.3 million dollars after 10 days of golfing together, although MJ wind up having to pay just under 1 million, but after refusing to do so, Esquinas had to settle with “just” 300 thousand dollars.

Also, Charles Barkley even told the media that his longtime rival and buddy betted him 300k on a single putt while playing golf with him and other wealthy guys, and here we are, struggling to get to the end of the month.

Olympic Poker

Michael Jordan and the USA Dream Team had pretty much a walk in the park during their Olympic run at Barcelona, outscoring opposing teams by more than 40 points per game. Of course, that made both Jordan and his buddies sit down and relax, spending most of the time partying and of course: Gambling.

As a matter of fact, rumors say that Michael Jordan actually slept for just under 1 hour after staying up until 6 am playing poker alongside Magic Johnson, Charles Barkley and his Bulls teammate Scottie Pippen before completely wrecking Croatia’s hopes in the match for the gold.

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Betting on luggage

As crazy as it may sound, Michael’s gambling problem actually made him do prop bets about the most absurd things on a return flight after the Olympics while team USA was waiting for their bags at Portland, even stating that he was going to be the first guy to receive his luggage. But, the craziest thing is that he actually won, getting the easiest 900 dollars of his life. Nonetheless, he furtherly revealed that he had actually bribed the airport staff just to win the bet. Classic Michael.

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Oh, Craps Table!

A decade ago, Jordan was reportedly partying in Vegas alongside other athletes, like Adam Pacman Jones from the Cincinnati Bengals, that told the media that Michael was so obsessed with the craps table that he winds up losing as much as 5 million dollars in the casino and that he was actually 1 million up at one point before the 6 time NBA Champion took matters into his own hands to waste everybody’s money. Sadly for Jones, he got into a brawl at a strip club after losing that lot of cash and got suspended from the NFL. Tough night, buddy!

Playoff game tomorrow? Let’s hit the casino!

If you have a gambling problem, avoiding Atlantic City would definitely be the smartest thing to do, especially if you have to play the New York Knicks in the playoffs the day after. Still, Jordan had no time for friendly advice and decided to party all night long in the casino, eventually losing the game and making the media had a feast with him.

However, this is Michael Jordan we’re talking about, so the Bulls obviously bounced back from that tough loss and took the series with great ease, eventually winning the last consecutive championship of his first three peat back then in 1993.

Besides, it’s been rumored that his first retirement was actually a secret gambling suspension, but that the league didn’t want to taint the image of the ultimate face of the NBA, the guy that made this sport so popular and beloved.

Truth or not, you just can’t mess with MJ or he’ll get back at you, and if you manage to beat him, he won’t catch a break until he takes everything back from you, so you better treat him with respect and please, don’t test him.