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John Daly loses $50M gambling
Old 05-02-2006, 01:04 PM   #1
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John Daly loses $50M gambling

Can you believe this guy losing $50M from gambling?*

http://sports.yahoo.com/golf
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Re: John Daly loses $50M gambling
Old 05-02-2006, 01:13 PM   #2
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Re: John Daly loses $50M gambling

With that putter and this strategy...

He said he plans to start at the $25 slots in the casinos and set a "walkout loss number," which would tell him it's time to leave.
"If I make a little bit, then maybe I move up to the $100 slots or the $500 slots, or maybe I take it to the blackjack table," he wrote. "It's their money. Why not give it a shot, try to double it? And if I make a lot, I can ...
"Well, that's my plan."

Yeah, I can see that he'd have a problem.

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Re: John Daly loses $50M gambling
Old 05-02-2006, 03:15 PM   #3
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Re: John Daly loses $50M gambling

$8,776,552 Daly career winnings. Endorsements dollars, I have no idea. Maybe an exaggeration, did get lots of attention.

http://images.pgatour.com/players/intro/149697
Link to PGA official rankings.
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Re: John Daly loses $50M gambling
Old 05-02-2006, 03:33 PM   #4
 
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Re: John Daly loses $50M gambling

Quote:
Originally Posted by DOG51
Can you believe this guy losing $50M from gambling?

http://sports.yahoo.com/golf
Actually that cigarette dangling from his mouth, has a better chance of ruining him than the gambling! He also looks like the most overweight golfer on the tour.

This guy does not seem very smart at all levels. A good golfer, but not very smart!
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Re: John Daly loses $50M gambling
Old 05-02-2006, 03:52 PM   #5
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Re: John Daly loses $50M gambling

It just goes to show you that it really doesn't matter how much money an addicted type of person has - they will spend it all ASAP.

Wasn't Limbaugh spending $10,000 a week for his "prescription" pain killers?

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Re: John Daly loses $50M gambling
Old 05-02-2006, 05:31 PM   #6
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Re: John Daly loses $50M gambling

Wouldn't $10,000 of prescription painkillers in a week be enough to kill a horse? I think he's getting ripped off...


Daly already "won" the lottery of being good enough at golf to make millions... Wouldn't gambling stop being fun after you've already won a $10 million jackpot? He should go back to drinking and smashing hotel rooms, or whatever it is he used to do...
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Re: John Daly loses $50M gambling
Old 05-02-2006, 05:40 PM   #7
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Re: John Daly loses $50M gambling

And if he'd gambled in stock markets instead of casinos, his expected return would have been positive instead of negative. Not that it's the wisest retirement plan, but he probably would have ended up with more money, instead of a lot less money.
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Re: John Daly loses $50M gambling
Old 05-02-2006, 06:38 PM   #8
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Re: John Daly loses $50M gambling

I think it runs in the family ..

http://sports.yahoo.com/golf/pga/new...v=ap&type=lgns
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