Tom Brady's Gambling and HUGE loss.

[Bushdark]

Being a player and gambler at the same time can’t work all the time, its too bad for Tom on losing almost everything. This is not the end yet for him, he should focus more on his playing and be better. From all his bad experiences last year, I do hope that he will find his way to rise again and hopefully he already learned the lesson. Gambling is bad if you take it too much, greed and addiction will take you on a bad situation.

He is in a big dellima right now that he had lost everything that he had successful earned. This is why we need to be very careful the way we go about gambling. Gambling is bad when we don't have a proper control of it which can lewd to side effect of becoming an irregular gambler that can go extra miles to make sure they get what they want which can eventually lead to bad luck.

 The previous year had been a turbulent one from Tom and I hope he will stand on his feet again not overthinking or doing something that would damage his image more. This life is all about risks and when we take it and become successful then we become a win but the contrary would make us a great failure.

[1715616295]

1715616295

[Fatunad]

Ehhhh not so sure I'm with you on this.  First off, no one really knows why Tom Brady and his wife decided to divorce.  I'm sure his continued football career deep in to his 40's is part of it, but I'd also guess that it was certainly not THE reason for the divorce. 

Also, no one really knows how much money Brady had invested in to FTX.  I've been reading all these wild accusations saying he put every dollar he had in to FTX etc etc, but this is all conjecture. 

If there are no solid proofs then all of the words would be floating around would really just remain speculations which its never been that good to make out or draw some conclusions without any basis.i
If he had been into that situation then it is really just  that safe but as long a certain person wont that quit and still thrive then everything would really be having the solution.
Lets just not make out some conclusive approach about others problems because each of us does have a problem and would really differ to each other.
Lets just hope that he would be able to make it.

i'm with you here. i am a believer of the saying, "there's hope as long as you're alive". so yeah, even if he seemed to lose everything today, if he won't give up, he can still recover those losses. maybe not his ex-wife, but at least get back on his feet financially. for sure, he still has some savings to go on with this life. remember, a lot of people on this world are living paycheck to paycheck or even just few hundred bucks a month. he's an athlete, he can very well find another job or team, if he is not choosy.

There are really just some people who do easily give up and believe that everything is over and this is why some people do end up on some suicidal attempts because the current things that they are facing is the end of their lives which is really that very wrong.Just like i said that as long you do breath and live, there's always a chance for you to cope up and solve out problems.There's no problem that has no solution.It is really just a matter
on how you would be standing up and trying out to cope up and tries to recover because if you do find yourself on easily giving up then you would be ending up on messing
it up entirely.

[Hydrogen]

Tom Brady officially announced his retirement prior to the 2022 NFL season:

Seven-time Super Bowl champion Tom Brady officially announces retirement from NFL

February 1, 2022

https://www.cnn.com/2022/02/01/sport/tom-brady-retirement-nfl-spt-intl/index.html

You can see by the date he initially planned to retire. Probably to spend more time with his wife and family.

Tom Brady opens up about his divorce from Gisele

In a recent conversation on his podcast, Brady talked about some of the personal costs of playing in the NFL for two decades.

“I haven’t had a Christmas in 23 years and I haven’t had a Thanksgiving in 23 years, I haven’t celebrated birthdays with people that I care about that are born from August to late January. And I’m not able to be at funerals and I’m not able to be at weddings,” Brady said.

Meanwhile, in an interview with Elle magazine published in September, Bündchen, 42, said she had “concerns” about her husband returning to the field after initially retiring last winter.

“This is a very violent sport, and I have my children and I would like him to be more present,” Bündchen told the publication. “I have definitely had those conversations with him over and over again. But ultimately, I feel that everybody has to make a decision that works for [them]. He needs to follow his joy, too.”

https://www.cnn.com/2022/11/01/sport/tom-brady-gisele-divorce-open-up-intl-spt-scli/index.html

I don't think Tom Brady expected to make it to the superbowl this year.

Everyone that plays for the tampa bay buccaneers probably didn't train hard or prepare well for the 2022 season. Given that all of them thought Tom Brady was retiring.

If they were making a run for the superbowl they would have needed to plan for the 2023 year when everyone could have put in the preparation to make it happen.

[Yatsan]

Tom Brady officially announced his retirement prior to the 2022 NFL season:

Seven-time Super Bowl champion Tom Brady officially announces retirement from NFL

February 1, 2022

https://www.cnn.com/2022/02/01/sport/tom-brady-retirement-nfl-spt-intl/index.html

You can see by the date he initially planned to retire. Probably to spend more time with his wife and family.

Tom Brady opens up about his divorce from Gisele

In a recent conversation on his podcast, Brady talked about some of the personal costs of playing in the NFL for two decades.

“I haven’t had a Christmas in 23 years and I haven’t had a Thanksgiving in 23 years, I haven’t celebrated birthdays with people that I care about that are born from August to late January. And I’m not able to be at funerals and I’m not able to be at weddings,” Brady said.

Meanwhile, in an interview with Elle magazine published in September, Bündchen, 42, said she had “concerns” about her husband returning to the field after initially retiring last winter.

“This is a very violent sport, and I have my children and I would like him to be more present,” Bündchen told the publication. “I have definitely had those conversations with him over and over again. But ultimately, I feel that everybody has to make a decision that works for [them]. He needs to follow his joy, too.”

https://www.cnn.com/2022/11/01/sport/tom-brady-gisele-divorce-open-up-intl-spt-scli/index.html

I don't think Tom Brady expected to make it to the superbowl this year.

Everyone that plays for the tampa bay buccaneers probably didn't train hard or prepare well for the 2022 season. Given that all of them thought Tom Brady was retiring.

If they were making a run for the superbowl they would have needed to plan for the 2023 year when everyone could have put in the preparation to make it happen.

Well, for sure he has plans. He's not even new in that industry for him to have a huge name. Such thing happened for a couple of times in any industry but more often in sports. Some players are tired and some are just wanting to take an ease with their career. There are even athletes who have retired early but still came back for another season. Bottomline is, no matter what reason he has, that would be his concern. We, as fans, can also support him for what he is doing. But I hope this coming league would still be as exciting as before wherein betting is not only done for money alone but for entertainment and enjoyment as well for the fans of this industry.

[STT]

The most important use for money is security so the lack of it can alter things dramatically in life.  Which is why we never exceed a budget beyond gaming, dont rely on one bet paying off to be ok.  
  I think in this case Tom Brady will be fine, he has his skill and knowledge and can keep using those for years to come in one way or another; he himself is a resource in demand & with a long career imo.   Even if he has nothing now, he has enough to make a living far more then most .

[crwth]

What a sad situation for him because of what happened there are a lot of people in that particular situation, and you have to choose only between two, career or family. That’s a tough decision, and you need to assess what you want in your life.

Obviously, we know what Tom Brady chose and that’s his decision we just have to respect it and I hope he is accountable for it.

[piebeyb]

I think whatever he does, of course he already understands the risks, so why do I feel sorry for him, while we also know that everyone when betting anything is of course conscious unless he is drunk, but I think that will be an important lesson for him 

[QueenVera]

This a very sad story and I also do Fe for him but in the other hand be shouldnbe aware of the dangers of chasing after losses and I'm sure that's one of the major things that brought his downfall but his also very strong to have come out to address the public or for an interview despite all he must have been going through.
I learnt the very hard way not to gamble with money you can't afford to lose or borrowed money not belonging to you and it was far back over 3 years back when I gambled away over $1800 and it was a very huge sum of money in my local currency a d that very incidence messed my entire life up and today I finally moved passed it and sworn never to bet involved in such act no matter how promising the game might seem

[worle1bm]

Many people who have their funds with FTX or even have investment in the token not have a single thought how bad things would go like the whole FTX collapse and exposing what they were actually doing behind the scenes.So it was his bad luck that he lost the money but many others have also lost significant wealth with this crash and scam of SBF.

[swogerino]

Honestly, I'd say he took quite the gamble. Maybe the gambler of the year for 2022! This man bet his marriage on making it all the way to the super bowl. He also bet the majority of his wealth on the FTX scam. Unfortunately Mr. Brady has lost it all! You have got to feel bad for the guy. I am a huge Brady fan, and can sympathize with his losses. Surely many people that don't like him for whatever reason may be happy with his current predicament, which is honestly pretty sad if that is the case. We are all human here, and dealing with tremendous loss is difficult. Especially when you're in the lime light. I recently heard on a radio talk show a clip from a reporter asking Tom Brady just the other day what he was going to do now? Tom replied, " You know *name of the reporter* if I knew what I was going to do I would have already F$%king done it!" Poor Tom. I would bet that Brady stays at it, he is not going to end his career like this, having one of the most brutal years personally 1000% affected his game, I would bet that he gets picked up by another team soon, hopefully New England! Any thoughts on this?

Betting his marriage?This has only two option,the first one if he was crazy enough to throw away everything build up so far with his family if they were truly getting along nicely or the second one which I hope is not the case,he had enough of this marriage and his wife  that he wanted to get rid of these.

Gambling has shown us throughout history that it can destroy lives and if he was good and great and gambled all these away because of his feeling superior in predicting outcomes to the Super Bowl then he has screwed up really really big in the worse possible way.I feel empathy for him as a gambler myself but this is something I would never do.

[bittraffic]

So they really put all thier money into FTX, unlike Oleary who only invest the money that was paid to him by FTX for shilling the company. It would be sad if Brady and his wife put all thier money into one basket. It's like no one had advised them about investment.
It's a big lesson to learn but because Brady is still a baller. He could make money more than what is lost.

Many people who have their funds with FTX or even have investment in the token not have a single thought how bad things would go like the whole FTX collapse and exposing what they were actually doing behind the scenes.So it was his bad luck that he lost the money but many others have also lost significant wealth with this crash and scam of SBF.

I only see a few people actually claimed they lost millions on FTX. They may be embarrassed but the streamers who promoted FTX are still doing vlog but are now shouting scams to FTX.

[ethereumhunter]

Many people who have their funds with FTX or even have investment in the token not have a single thought how bad things would go like the whole FTX collapse and exposing what they were actually doing behind the scenes.So it was his bad luck that he lost the money but many others have also lost significant wealth with this crash and scam of SBF.

This provides a reality and a lesson for all of us not to put all our assets into an exchange even if the exchange is good because we also don't know whether the exchange will survive in the future. And when someone loses in any way and feels disappointed, that's normal for that person to experience. What sets him apart is that if he continues to sink into his disappointment and can't get back up to try fixing things, he still has a chance, even if the people around him don't believe he can still get up. What he has to do is not give up because of that bad experience but instead make his bad experience one of a valuable lessons for him so he can get up again.

[klidex]

I think whatever he does, of course he already understands the risks, so why do I feel sorry for him, while we also know that everyone when betting anything is of course conscious unless he is drunk, but I think that will be an important lesson for him 

Because he has self-confidence and believes that the bet he makes can provide a sizable amount of profit, he will not think about the risks that will be experienced because his mind is already closed by the results of that profit earlier.
So do not be surprised if someone dares to take such a big risk if the benefits to be obtained are also large.
Only after an incident like that would he regret and think about what he had done to suffer a loss and lose a sizable amount of money.

[Yaunfitda]

I think whatever he does, of course he already understands the risks, so why do I feel sorry for him, while we also know that everyone when betting anything is of course conscious unless he is drunk, but I think that will be an important lesson for him 

It's because we think that he wasted his money as far as his association with SBF and his failed project FTX. And it cost him his marriage too, he has a good life already, all he has to do is think about his future and his family.

But I guess that is too much to ask for a athlete or a personality like Tom who thinks he can always win in this game called life.

Now he is back to square one and thinking how he can bounce back financially.

[CryptoHeadlineNews]

Honestly, I'd say he took quite the gamble. Maybe the gambler of the year for 2022! This man bet his marriage on making it all the way to the super bowl. He also bet the majority of his wealth on the FTX scam. Unfortunately Mr. Brady has lost it all!

For me, I think he took his gambling to the very extreme of which he ought not to have done, because the last thing any normal human being could do is gamble his wife, of which he did, and I'm sure that should be one of the reason why she is firing for divorce. And from brief research i got from online, I was made to understand that his wife "Gisele Bündchen" is one of the highest paid models in the world, which means she already has her own money, and as such he ought to have invested wisely and not putting everything into one basket, as nobody knows tomorrow.

Moreover, this is what happens when a man gambles

[beerlover]

I think whatever he does, of course he already understands the risks, so why do I feel sorry for him, while we also know that everyone when betting anything is of course conscious unless he is drunk, but I think that will be an important lesson for him 

It's because we think that he wasted his money as far as his association with SBF and his failed project FTX. And it cost him his marriage too, he has a good life already, all he has to do is think about his future and his family.

But I guess that is too much to ask for a athlete or a personality like Tom who thinks he can always win in this game called life.

Now he is back to square one and thinking how he can bounce back financially.

He hasn't lost everything? I mean people are acting as if he lost all of his money, but this dude earns that much money per year, let alone all the money he has made so far. He didn't lose all that he owned, he still has a ton of investments and assets which means that it is not all of his money, he will be fine financially. Hell this dude could retire today, become a broadcaster and still could make tens of millions of dollars every single year from his new job and commercials.

He has a name and that name alone would worth a lot of money. Whereas, his marriage is a different story, I am not sure if it was because of this or not, but it seems a sad situation indeed.

[dothebeats]

I think whatever he does, of course he already understands the risks, so why do I feel sorry for him, while we also know that everyone when betting anything is of course conscious unless he is drunk, but I think that will be an important lesson for him 

It's because we think that he wasted his money as far as his association with SBF and his failed project FTX. And it cost him his marriage too, he has a good life already, all he has to do is think about his future and his family.

But I guess that is too much to ask for a athlete or a personality like Tom who thinks he can always win in this game called life.

Now he is back to square one and thinking how he can bounce back financially.

I don't think he's lost it all financially. The man still has a lot of gigs to do and a lot of endorsement contracts for himself. Before he gets financially dry, it will take a lot of bad investment choices for him to make. He's still playing at the highest level of NFL, and there's still a lot of companies willing to have him as an endorser for their products or services due to his large following and a lot of audience. It must have hurt for him losing hundreds of millions in FTX, but he can be quite 'frugal' for a while and get the money after a couple of gigs and a couple of contracts.

[darkangel11]

I don't think he's lost it all financially. The man still has a lot of gigs to do and a lot of endorsement contracts for himself. Before he gets financially dry, it will take a lot of bad investment choices for him to make. He's still playing at the highest level of NFL, and there's still a lot of companies willing to have him as an endorser for their products or services due to his large following and a lot of audience. It must have hurt for him losing hundreds of millions in FTX, but he can be quite 'frugal' for a while and get the money after a couple of gigs and a couple of contracts.

That's correct. He was estimated to have a net worth of over $500 million a year ago and lost 40 million in FTX. He also made some other bad investments like buying an NFT with an ape for over $400k and in the fall of last year that NFT was worth only $100k.
The divorce took close to $200 million from him and current reports estimate that he's now worth about $250 million and his wife owns 150 million more than him.

You can say 2022 wasn't Tom's year, but look on the bright side. He could get at least 50% of his FTX investment back because the company has billions in assets. He also has more money than we will ever have, because I consider myself wealthy, but I'm nowhere close to his current fortune. Wish I had 20% of what he owns.

[Casdinyard]

Regardless of how great of a person you are, you don't toy with your partner's feelings. Of all things you could bet on, you'd bet on your marriage lasting over a specific period of time. That's just nuts. As a fellow gambler I can sympathize with him losing a lot of his money over gambling but I'd say with what happened between him and his ex-wife, he had it coming.

I don't think he's lost it all financially. The man still has a lot of gigs to do and a lot of endorsement contracts for himself. Before he gets financially dry, it will take a lot of bad investment choices for him to make. He's still playing at the highest level of NFL, and there's still a lot of companies willing to have him as an endorser for their products or services due to his large following and a lot of audience. It must have hurt for him losing hundreds of millions in FTX, but he can be quite 'frugal' for a while and get the money after a couple of gigs and a couple of contracts.

That's correct. He was estimated to have a net worth of over $500 million a year ago and lost 40 million in FTX. He also made some other bad investments like buying an NFT with an ape for over $400k and in the fall of last year that NFT was worth only $100k.
The divorce took close to $200 million from him and current reports estimate that he's now worth about $250 million and his wife owns 150 million more than him.

You can say 2022 wasn't Tom's year, but look on the bright side. He could get at least 50% of his FTX investment back because the company has billions in assets. He also has more money than we will ever have, because I consider myself wealthy, but I'm nowhere close to his current fortune. Wish I had 20% of what he owns.

Still, to lose almost half of all you own on a single streak is just something. I'm pretty sure he still has the avenues and opportunities to reclaim most of the earnings he lost through other ways. But man, that is just a punch in the gut if I ever see one.

[rhomelmabini]

What a sad situation for him because of what happened there are a lot of people in that particular situation, and you have to choose only between two, career or family. That’s a tough decision, and you need to assess what you want in your life.

Obviously, we know what Tom Brady chose and that’s his decision we just have to respect it and I hope he is accountable for it.

Yeah, he did that decision and one thing is for sure he knows the risk on it but I don't think he'd go broke, maybe he needs to start living way less compare to what he's doing before this had happened. The guy is still breathing and to be honest he'd even live for a decade with the money he has, there are other lives out there worst than his. Start living the frugal way and choose wise decisions next time, life is a continuous learnings.