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.
 
DOG51 said:
Can you believe this guy losing $50M from gambling? :eek:

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! ;)
 
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?

Audrey
 
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...
 
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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