Iverson Reported To Have Alcohol And Gambling Issues

[HenPrivilege]

I was part of a Marketing company that took a long distance company from nothing to the 4th largest. It got bought out for $4.5 B after 7 years.

I was a big baller back then, front row basketball, boxing, etc. flying to the Bahamas every few weeks, Ferrari, Benzo, renting yachts, private jets and shit.

The IRS fukked me and California drained me. Fortunately, everything I own was paid for years ago. I have a couple of companies that do well today but nothing like back then.

When money comes and goes so quick, it is very easy to get caught up gambling. When the IRS hit's you, it's a kick in the gut for them to basically take what they want, you really don't want a paper trail and trying to get a large hit at the tables is a huge lure. Before you know it, you've blown through a shit load of money.

I have a bunch of friends that was in the same boat. Thought the money would always keep coming but not recognizing that it was drying up. My expenses got so out of hand that I didn't even know it for over a year. Shit hit me all at once and I had to cut everything with a quickness. Girls... cutoff, family with hands out.. cutoff, trips... cutoff. Basically became a hermit for a couple of years (depressed as hell too). Basically started over about 9 years ago.

My mentor use to always tell me... "making a million is easy... Keeping it is hard as hell". I know full well how these guys go broke in what seems to be a matter of minutes.

That's some crazy shit. You was living that lifestyle and you lost it all? Much respect to you sir. I wouldn't mind experiencing some of that, minus the IRS.

You in California? What's up with hookin me up with a job? Sounds like your still makin things happen.

[NickS8753]

lakerboy is actually mark cuban if you didn't know. The Laker BS is just to hide his trail.

hahahaha

[talnted]

could not happen to a better CRICKET than iverson, hope he shoots himself next

yeah man, go fuuck yourself. I grew up idolizing this athlete followed him even when he was at georgetown. hes in a tough spot right now dont judge him

[chrislau86]

We're not all that different. I wish him luck

[elchampion33]

AI's life is crumbling... maybe john thompson can step in and talk to him but yeah its a sad story I hope Iverson gets it together I've loved him since his Georgetown days and his recent transgressions make it hard to like him but i have faith hell get the proper help

[TGoat]

I've got so many stories I don't know where to begin. Let's just say there is a very famous gambling personality (not a sports star) who went through 30 million.

How did he do it? Betting sports.

You see he was a degenerate and sports bettor before he made the money. Once he made it he became an even bigger degenerate and sports bettor.

He recently sold his beautiful home in Las Vegas and is renting a small house now. This guy is sick. Just really, really sick.

The story has been kept under wraps. It hasn't leaked out yet. I have some inside info, but I knew the guy before he became rich and famous. I wasn't the least bit surprised when I heard it.

[darrell74]

Alcohol and gambling problems.
Shhhhhhhh--------------------ttttttttt!!!!!!!!!!!! I might actually start liking the guy.

[jjgold]

You can lose 500 million if you gamble, no matter how much money you have if your a compulsive gambler your going to lose it all

Phil Ivy will die broke, that is fact

[fsugolf]

You can lose 500 million if you gamble, no matter how much money you have if your a compulsive gambler your going to lose it all

Phil Ivy will die broke, that is fact

wrong...phil ivey won't die, he is immortal

[HCBoone]

What a shame

[BrentCrude]

Da,what's the risk and reward to gamble when you already have at least a couple hundred million in the bag????You have to be retarded to wake up in the morning when you open your monthly team and endorsement checks for 700k and say to yourself,should I risk the majority of this money on gambling this month.What compulsion do you have to have to think that life would be better every month if you turned that 2 million into 5 million bucks.There is absolutely no incentive.This guy should be a ward of the state.

[Mac4Lyfe]

That's some crazy shit. You was living that lifestyle and you lost it all? Much respect to you sir. I wouldn't mind experiencing some of that, minus the IRS.

You in California? What's up with hookin me up with a job? Sounds like your still makin things happen.

I'm in Houston now where I recruit Oil and Gas. Hit me PM if you have any industry experience.

[Mac4Lyfe]

Da,what's the risk and reward to gamble when you already have at least a couple hundred million in the bag????You have to be retarded to wake up in the morning when you open your monthly team and endorsement checks for 700k and say to yourself,should I risk the majority of this money on gambling this month.What compulsion do you have to have to think that life would be better every month if you turned that 2 million into 5 million bucks.There is absolutely no incentive.This guy should be a ward of the state.

It's an addiction, guys get caught up in the action and lose all perspective. It's not about the money. It's about the lure of what money represents... Power, woman, sex, confidence, ego, etc. Afterwards you feel guilt, shame, despair and regret over what you just lost but the very next day your right back at it trying to catch up.

I've gambled alongside some of the most famous people in the US. It blows me away to think of all the people who I've played blackjack with. What's so crazy is that I could tell the one's that were going to have trouble very easily. It's very easy to recognize that tilt when you've been there yourself.

Why would anyone gamble? I always remember playing Blackjack with Troy Aikman and he was betting $5/hands. I thought he was square at the time and I didn't understand what was the point in him playing. Years later I now understand and try to keep the same perspective.

[balls2wall]

Probably. Maybe he's already here.

He was hitting me up for some points yesterday

[teaserpleaser]

im going to need proof before i believe this crap...

[balls2wall]

im going to need proof before i believe this crap...

if you were referring to my post


it was a joke man


AI may be hurting, but I doubt he is to the point to where he is trying to scrape up enough sbr points to get a free play at his sports book, or a free pizza

[Dexter]

You can lose 500 million if you gamble, no matter how much money you have if your a compulsive gambler your going to lose it all

Phil Ivy will die broke, that is fact

is ivey big into sports gambling? i know hes a big craps player

[Crayzee]

wow- thats shocking


fvkin gangbanger thug

his talents all that kept him alive this long

[TGoat]

is ivey big into sports gambling? i know hes a big craps player

Ivey makes the occasional big sports bet, and yes, he is a degenerate craps player, but he's estimated to make about 2mil~ a month from Full-Tilt (give or take), so unless Internet poker is closed down the chances of him going broke anytime soon are nil.

Ivey isn't the guy I was referring to. I won't reveal who it is, and most people couldn't guess, but it it's made public I'll comment on it. It's being kept pretty quiet right now, so I don't know how long they can keep the lid on it.

I was asked not to say who it is, and that's what I'll do.

[mlb]

Thank's guys for this thread and especially you mac ... Just a college guy and I go crazy over a $20 play .. Thanks for opening up my eyes and really need to think about things as I get older

[Mac4Lyfe]

MLB - one thing that has helped me the past few years is that I set aside a bank roll for each sport at the beginning of the season. Once I tap this then I'm done in that sport.

so for example I may start with $5K each on NFL and CFB. Both seperate accounts. Last year I was tapped out in the NFL after just 6 weeks so I was done but I was up pretty nice in CFB. I took some of my CFB winnings and transferred it to my NFL for the playoffs and did pretty good in the NFL. I keep each account separate for each sport. My roll for the NBA and MLB is much lower than football because I don't do as well. Finally I have a misc account for Hockey, boxing and misc stuff. Once an account is depleted, I'm done for the year in that sport.

This has worked real well for me and I never reload. If i can't take profits from another account then I'm done for that sport. That's the hard part. Sitting through many weeks of NFL without betting was tough but why spend money where your not making it... The time off helps me get a better perspective sometimes. I took off about 3 weeks in the NBA (even though I was up on the season) and I'm doing better as well.

I'm always true to myself when I gamble now. I do what I say I'm going to do and I know upfront what I'm willing to lose and won't go beyond that. Years ago, I lied to myself all the time. Said things like "one more time, one more deposit", then you feel like shit when you go against your word but then try and make excuses. That's a horrible feeling of desperation because you can't control the rush. It was like a crack addict. Instead of looking for rocks, your waiting for midnight for the ATM to clear, waiting to make another trip to the bank, etc. You don't ever want to go there.

[Wilforth]

so for example I may start with $5K each on NFL and CFB. Both seperate accounts. Last year I was tapped out in the NFL after just 6 weeks so I was done but I was up pretty nice in CFB. I took some of my CFB winnings and transferred it to my NFL for the playoffs and did pretty good in the NFL. I keep each account separate for each sport. My roll for the NBA and MLB is much lower than football because I don't do as well. Finally I have a misc account for Hockey, boxing and misc stuff. Once an account is depleted, I'm done for the year in that sport.

Thanks for putting it out there. Great example to follow.

[BillyCostigan]

MLB - one thing that has helped me the past few years is that I set aside a bank roll for each sport at the beginning of the season. Once I tap this then I'm done in that sport.

so for example I may start with $5K each on NFL and CFB. Both seperate accounts. Last year I was tapped out in the NFL after just 6 weeks so I was done but I was up pretty nice in CFB. I took some of my CFB winnings and transferred it to my NFL for the playoffs and did pretty good in the NFL. I keep each account separate for each sport. My roll for the NBA and MLB is much lower than football because I don't do as well. Finally I have a misc account for Hockey, boxing and misc stuff. Once an account is depleted, I'm done for the year in that sport.

This has worked real well for me and I never reload. If i can't take profits from another account then I'm done for that sport. That's the hard part. Sitting through many weeks of NFL without betting was tough but why spend money where your not making it... The time off helps me get a better perspective sometimes. I took off about 3 weeks in the NBA (even though I was up on the season) and I'm doing better as well.

I'm always true to myself when I gamble now. I do what I say I'm going to do and I know upfront what I'm willing to lose and won't go beyond that. Years ago, I lied to myself all the time. Said things like "one more time, one more deposit", then you feel like shit when you go against your word but then try and make excuses. That's a horrible feeling of desperation because you can't control the rush. It was like a crack addict. Instead of looking for rocks, your waiting for midnight for the ATM to clear, waiting to make another trip to the bank, etc. You don't ever want to go there.

Mac, can I ask how old you are? I'd be interested in knowing how long it took you to gain that discipline. I'd actually like to PM you, but I think mine are still disabled. Grr.

[Mac4Lyfe]

Mac, can I ask how old you are? I'd be interested in knowing how long it took you to gain that discipline. I'd actually like to PM you, but I think mine are still disabled. Grr.

44... It took several years to get it right. I was close to going to GA. I can tell you some stories that would trip you out. I would be at the BlackJack table just dumping money and was enjoying it. I didn't even care if I won or lost, just liked the thrill of the game, the action, flossing in front of woman, etc. I knew I was an addict but didn't want to do anything about it. One time I signed over 8 markers in about 30 minutes. I didn't even remember signing that many at the time. I was chewed.

Finally, I just said either I was going to stop on my own or go to GA. I stopped going to casino's cold turkey. I walked right pass the tables. I even sat at tables watching friends play and I wouldn't play. I stayed away from the casino's for about 2 years and then said that i was no longer addicted. My buddy was like "if you go back your going to get caught up again" but I said to myself that i was going to go and play for 1 hour and spend $200. I went and played for an hour and was up like $50 and walked right out. I said, cool, I'll go back in a few months. I went back about 3 months later and same thing. A few hours and won a little. Mind you, I use to fly to Vegas or the Bahamas every week. That was about a decade ago and now I go to the casino's about 3 or 4 times a year and gamble no more than 4 hours a day.

I was able to be true to my self and did what I say I was going to do. Upfront I lay my limits. How many hours and how much money. It's non negotiable. I don't go over what I say, win or lose because I don't ever want to feel that feeling of helplessness, shame and deceit. I guess I was lucky because most people I've met can't control themselves and have to have help. Well actually, I couldn't control myself and I really needed help. I think it was that final feeling of desperation. I finally didn't want to ever feel like that again.

I did the same thing with Marijuana. I use to smoke every day in my 20's. I enjoyed it big time. One day I decided that it was illegal (even though I didn't agree) and it could only hurt me in the long run if I got caught. I stopped cold turkey. Me and my GF at the time use to smoke together and she couldn't understand how or why I would just stop. I've never had the urge to smoke again.

[Mac4Lyfe]

^^^ I actually flushed a dime bag down the toilet in front of her and she was like "you crazy mutherfuker" what got into you. She was so pissed. She tried for several weeks to get me to smoke with her. One time she layed the weed all over her stomach and pussy. She was like "you better come get this" and I walked out my apartment. Suffice it to say we were pretty much done after that. Crazy.

[Gopi-1]

It has been documented over the years about his gambling episodes in Atlantic City. One time the dealer, I think it was 3 card poker, overpaid him and he refused to give back the extra chips.


On December 9, 2005 after the Sixers defeated the Charlotte Bobcats, Iverson paid a late-night visit to the Trump Taj Mahal. After winning a hand at a three-card-stud poker table, Iverson was overpaid $10,000 in chips by a dealer. When the dealer quickly realized the mistake and requested the chips back, Iverson refused and a heated head-turning argument between him and casino staff began. Atlantic City casino regulations reportedly state that when a casino makes a payout mistake in favor of the gambler, he or she must return the money that they did not legitimately win by playing.[20]

That fukker doesn't even tip the servers, and all his orders are comped, whatta douche. I work for a tribal casino here in San Diego were he played multiple times already. He plays 3 card poker heavy, plays 3 hands most of the time, 3 dimes on both the pair plus and the ante bet, that's 18 Gs already and if he decide to play all 3 hands, he has to cough another 9 Gs...

[Darrellp32]

Imagine that

[mp5070]

Not Surprised!

[Dexter]

Ivey makes the occasional big sports bet, and yes, he is a degenerate craps player, but he's estimated to make about 2mil~ a month from Full-Tilt (give or take), so unless Internet poker is closed down the chances of him going broke anytime soon are nil.

Ivey isn't the guy I was referring to. I won't reveal who it is, and most people couldn't guess, but it it's made public I'll comment on it. It's being kept pretty quiet right now, so I don't know how long they can keep the lid on it.

I was asked not to say who it is, and that's what I'll do.

lol - you speak as if "TGoat" from cyberspace is going to be in the news for leaking this info.

we're all just avatars pal

[TGoat]

lol - you speak as if "TGoat" from cyberspace is going to be in the news for leaking this info.

we're all just avatars pal

It doesn't matter. I keep my word.

[WileOut]

im sure the dude bet on his own games

I would bet every thing I own that at least 10% of basketball and football players (college and pro) bet on their own games, if there was any way to find this out of course (which there isn't until somebody comes forward then of course nobody would take the bet).

It is probably a lot closer to 70% but I would only be willing to risk everything I own on 10%.

[paco]

I had this assholes Maybach parked right in front of the club during Final 4 here in Detroit. After 4 hours, queer gave me $10! Everyone knows that's a $100 spot.

[Gopi-1]

Sad...

[KiDBaZkiT]

jjgold reported to have cocaine and gambling issues.