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Author Topic: Is Michael Jordan a gambling addict ?  (Read 478 times)
crwth
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December 21, 2023, 08:34:18 AM
 #61

I know there were a lot of issues and conflicts during his time in the NBA where I remember that he is with his dad gambling or something. I think with what you posted OP, it's like "He can be an addict and still manage to be responsible". Since he has a lot of money, he doesn't necessarily get affected much because of the pool of money that he has. I'm seeing this as a type of "it's okay to be an addict as long as you're responsible".

Wouldn't that be a good question? Some people nowadays are getting more and more into video games and they are still responsible but spend a lot of time in front of a computer.

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December 21, 2023, 08:39:44 AM
 #62

Is Drake a gambling addict? I think not in the context, same thing with Michael Jordan.
Having spent sometime with people who are actually addicted to gambling it makes it obvious that neither of these celebrities are addicts, they are just famous and it will make an attractive story to make them up to be one.

- Jay -
Drake is not an addict but I suspect that he uses his bets as an advertisement to promote Stake. So I don't take Drake's post about his bets seriously because it is for commercial purposes. 

He gamble because he has promotion deal with that big casino so expect that we see him gamble from time to time since its provably part of promotion. If he doesn't have anything like that for sure we can see him gamble in minimal manner since for sure even if they are rich they are aware about any unnecessary loss from gamble since there are professionals handling their finances. Same with Michael Jordan for sure he is not in situation where he can't control his gambling activity since if he's really into abusive situation especially on gambling scene for sure this is a large scope for media and this will be in news. But we don't actually see that so I guess same with Drake they are just spending some time having fun gambling and they didn't take it seriously since they have other more business that need to deal with that's why Jordan became billionaire since he is busy on his businesses and other basketball related activities.

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December 21, 2023, 08:54:34 AM
 #63

I know there were a lot of issues and conflicts during his time in the NBA where I remember that he is with his dad gambling or something. I think with what you posted OP, it's like "He can be an addict and still manage to be responsible". Since he has a lot of money, he doesn't necessarily get affected much because of the pool of money that he has. I'm seeing this as a type of "it's okay to be an addict as long as you're responsible".


Gambling addiction does not affect those who have money to fuel the addiction. Like you said, he is a responsible guy, that is only because he is a billionaire and does not need to think about money. Every time Nike sells an Air Jordan, he gets paid a certain amount as a percentage because they use his name. Imagine how many of those shoes are sold worldwide every day and how much he makes only from Nike. When you have so much of money in spare, you can do whatever you want to do with it. 
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December 21, 2023, 09:00:23 AM
 #64

MJ would be broke already if he is addicted with gambling. No matter how rich a person is, as long as he is addicted with gambling, all his money will be gone in just a short period of time. However, since we only hear news that MJ gambles a lot of money, but his finances is still fine, there's no reason to assume that he is a gambling addict. The right words are, he loves to gamble, that's it.

I did a quick google search about his net worth, and the result figure is $3 billion. So he is far from being addicted, probably spending a lavish lifestyle but he deserve that as he is making lots of money especially from his own brand Jordan shoes.

most of his income really came from Nike, and as per report, he made billions from it.

https://www.sportingnews.com/us/nba/news/michael-jordan-made-nike-contract-revenue-net-worth/tahhp5y8wneeljjrdhqgpkg9
Quote
In 1997, Jordan and Nike launched Jordan Brand, his own sub-division of Nike. According to Centuro Global, as of 2020, Jordan has made $1.3 billion from his Nike deal.

You can also see on the same article that his overall salary from NBA is just less than $100 million.

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December 21, 2023, 09:01:32 AM
 #65


He takes care of his family, far from broke and gambling brings him entertainment.. so my question, would MJ be considered an addict?  I argue he's not.  He just loves to do it, but any negative effects may be literally zero ..


Wiki Definition "Addiction is a neuropsychological disorder characterized by a persistent and intense urge to use a drug or engage in a behaviour that produces natural reward, despite substantial harm and other negative consequences. Repetitive drug use often alters brain function in ways that perpetuate craving, and weakens (but does not completely negate) self-control.

By the definition itself of addiction that you provided from Wikipedia. Defining addiction means user have an urge to gamble. It’s different to like something to do but rather it’s almost compulsory thing to do for him that’s why he is urging to do it.

On case of MJ, he clearly just using it for entertainment since he already has the money which means he doesn’t have any serious intention to get more rich. He also has a good family status and everything to him is fine including finances. I believe the only time he can be considered as gambling addict if he is losing money more than the income he is getting in regular basis.

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December 21, 2023, 10:45:34 AM
 #66

Well there's a lot of internet meme as far as MJ's gambling addiction,

~~~

But I guess if you are that guy that can make more than $1-5 million day from his endorsements and his shoes, then definitely you can play and burn that money without thinking about losing.

Call him gambling addict, but we all know how much this guy is worth. So for him, he is just having fun for sure when he gambles and then lose $1 million a day.

Numbers are really that something that not everyone would be able to reach and we do really just saw that these this something that had been burned to gambling on daily basis on which we cant really be able to avoid to tell that he had really that gambling addiction and this is something that absurd on spending up tons to gambling but just like been said that its none of our business and its his money to be spent.
I wasnt aware on the money that he's earning came from sponsorships or whatsoever but if he's really that getting 1-5M per day then losing those 1M amount in gambling
wont really be an issue.

Did MJ admit that he was an addicted gambler? So far we havent see any impulsive actions that had been made by MJ. He do just simply burning out those cash in a fast manner
and it is really just that people cant really be able to imagine on how big the money they've been burning into casinos or whatever gambling he's really that been doing.
Lets just move on and let him do as he pleases since its money after all its not ours.

Yeah, I don't think that we have heard him admitting that he is a gambling habit, but I think his bet on golf is legendary already and so his gambling addictions too. But as I have said, money is not a question of a person like Jordan, he can earn millions in a day and so that his just chump change for him.

Unlike let's say a player during his height of his NBA careers, they've gotten millions in contract and so they could fell and gamble and they won't be affected. But the big difference is that when they retire, that's the time that they will realized what they done is wrong because there's no more money coming in to them and they've lost everything in millions to the casinos.

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December 21, 2023, 11:13:18 AM
 #67

He is seriously competitive, that I know.
And he use gambling as a means to make people pay for their mistakes. Just like what he did on most of his Chicago Bulls game where his friends at golf are telling him that the Cavaliers will win against them because he is half-drunk. He scored 40 in that game and they won it by 20+ points. And so they pay for taunting him. Cheesy
It won't even matter if he is a gambling addict or not, he can pay for it and money is coming even now because of the Jordan brand which I think is a never-ending entry of money and even his kids will inherit it.
Jordan does love a lot of sports and I think he will always make a bet especially if he will be the one playing the game. I mean if it is his skills that are on the line either with golf, baseball, or basketball. Well, sports gambling is not really an expensive gambling one to two rounds will be enough, and then it's done.

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December 21, 2023, 11:16:18 AM
 #68

until now I have never heard news from a valid source if Michael Jordan is addicted to gambling.
If it's true that when he was still playing, of course he could manipulate the match fixing. and when he retired as a high-ranking official at the NBA washington wizard club, he could also arrange the results of the match but I have never heard of MJ being hit by a match-fixing case and being processed to court.

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December 21, 2023, 11:38:11 AM
 #69

I was recently arguing with someone whom stated that MJ is a gambling addict, and I pushed back.  I think we could probably all agree that being addicted to anything is never good, no matter what it is.  Michael is famous for being a big gambler.  However, it's not like that's the only thing he does in life.  He's a billionaire with many companies and countless things to do each day. Gambling doesn't effect those important things in life.

He takes care of his family, far from broke and gambling brings him entertainment.. so my question, would MJ be considered an addict?  I argue he's not.  He just loves to do it, but any negative effects may be literally zero ..


Every definition of gambling addiction applies to Jordan's behavior it's not a competitive behavior that he claims he poses in his character it is more of the urge to prove that he can excel in gambling while others accumulate losses, from his early days to his high school days while playing in the NBA and after he has done playing in the NBA he still has it and until base don the account of people around him he still does, its just his enormous earnings from endorsement and his business ventures that keep him go beyond zero in his gambling adventures.
Only time can tell if he can keep up or if he will find a way to cure himself of his addiction.


Quote
Though Jordan claimed he could stop gambling, there is no public evidence suggesting that he ever did. In fairness, he never needed to. His career flourished despite everything that happened in the time leading up to his first retirement, and he is so wealthy through his basketball and endorsement earnings that he could never realistically lose it all betting. Whether he ever truly had a problem is ultimately irrelevant. Even if he did, it was just a speed bump. Jordan's rise to the top of the basketball world was hardly interrupted, and as a result, he could enjoy his hobby unimpeded.


https://www.cbssports.com/nba/news/michael-jordan-and-gambling-a-brief-history-of-basketballs-most-famous-bettor/

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December 21, 2023, 12:36:50 PM
 #70

Addiction is defined by its impact on a person's life, not its frequency. Is MJ's gambling harmful? Most important question. He has a successful career and family, suggesting his gambling hasnt hampered them. Addiction typically shows up subtly. Do gambling pleasures surpass other areas of his life? Does it dominate his thoughts?

Addiction is biological and behavioral. Remember that even mild habits can escalate. Understanding moderation and control is crucial. Does MJ govern his gambling or vice versa? This distinction is vital for distinguishing a hobby from an addiction.

MJ's gambling may not be a major issue, but it could get worse. Moderation and self-awareness are crucial. A harmless interest and a harmful addiction might be muddled.

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December 21, 2023, 12:53:36 PM
 #71

~
If it were based on your definition (or wikis) then no, not really since anything negative is basically offset by the immense wealth that he has. I reckon your friend simply assumed that if MJ wasn't as successful as he was, gambling would've devoured him. Now sadly this is just a what if scenario and can't be answered no matter what since, well, MJ was successful. For all we know he could really just like gambling, or his itch for gambling is pretty much well scratched due to the sheer amount of money he has.

I'd assume he wasn't as well really. Just the fact that he takes care of his family and is involved in the business world is enough to say that he has his wits with him all the time.

R


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December 21, 2023, 01:01:51 PM
 #72

I think Jordan has some kind of a different gambling addiction. He gambles and spends a lot of money not to win money, but he simply likes that fact of competition. That is his mentality. He always wants to be bigger, better, greater, score more points, make more rebounds, win in every dispute, be the first in everything. He likes challenges and win in them, and he also likes to show that. Maybe we could say that he has harmless gambling addiction.

R


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December 21, 2023, 01:17:12 PM
 #73



He takes care of his family, far from broke and gambling brings him entertainment.. so my question, would MJ be considered an addict?  I argue he's not.  He just loves to do it, but any negative effects may be literally zero ..


You don't have to show you don't take care of your family or it proven to be so that you don't take care of your family before you are considered to be an addict gambler. Family may be someone's first love and then second thing becomes gambling or other things that you enjoy doing and if that thing you like to do affects your other area of life or don't allow you a concentration to balance off all that you do then you are addicted to that thing that shields you off from that other aspects of your life. Even when you allow your work to take you away from other part of your life then you are addicted to it.

So in the case of Mj, he can be said to be addicted if he allows gambling to control his other aspects of life., giving money out to family is not the only thing important in the family but quality time also matters, so does he give quality time to the family? That should also be important to know if he is addicted above his family.
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December 21, 2023, 01:22:00 PM
 #74

I was recently arguing with someone whom stated that MJ is a gambling addict, and I pushed back.  I think we could probably all agree that being addicted to anything is never good, no matter what it is.  Michael is famous for being a big gambler.  However, it's not like that's the only thing he does in life.  He's a billionaire with many companies and countless things to do each day. Gambling doesn't effect those important things in life.

He takes care of his family, far from broke and gambling brings him entertainment.. so my question, would MJ be considered an addict?  I argue he's not.  He just loves to do it, but any negative effects may be literally zero ..


Wiki Definition "Addiction is a neuropsychological disorder characterized by a persistent and intense urge to use a drug or engage in a behaviour that produces natural reward, despite substantial harm and other negative consequences. Repetitive drug use often alters brain function in ways that perpetuate craving, and weakens (but does not completely negate) self-control.[1] This phenomenon – drugs reshaping brain function – has led to an understanding of addiction as a brain disorder with a complex variety of psychosocial as well as neurobiological (and thus involuntary)[a] factors that are implicated in addiction's development.[2][3][4] Classic signs of addiction include compulsive engagement in rewarding stimuli, preoccupation with substances or behavior, and continued use despite negative consequences. Habits and patterns associated with addiction are typically characterized by immediate gratification (short-term reward),[5][6] coupled with delayed deleterious effects (long-term costs).[3][7]"

(sorry hilarious and cyrus, I know you see this same type of topic a trillion times a day but this is bit different and something I'm truly interested in discussing, being his situation is unique).

Well I doubt he is a gambling addict, otherwise he would not be living such a luxurious life (anymore). Gambling addicts tend to break themselves financially, even if they were rich before. Furthermore, there is only 1 true MJ and it is not Michael Jordan. Roll Eyes

He seems to have things under control, if you ask me.

Gambling is a disbalance of neurochemicals. In other words its a imbalance in the chemicals in your brain. And unless you started early, when you were a kid and your brain was still in the development phase, it will not "alter" your brain functions permanently. So the best cure for gambling addicts is to go cold turkey for a long time.

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December 21, 2023, 01:30:35 PM
 #75

MJ can be called a gambling addict because he has been playing gambling since he was very young, from his high school years until he became famous, his betting value has also been increasing over time.
He's also had some gambling problems, but it's all resolved.  If he wasn't addicted, he might have stopped gambling after having problems with gambling. Luckily he's a professional basketball player and has a good busines so he gets a lot of money.*

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December 21, 2023, 01:31:37 PM
 #76

until now I have never heard news from a valid source if Michael Jordan is addicted to gambling.
If it's true that when he was still playing, of course he could manipulate the match fixing. and when he retired as a high-ranking official at the NBA washington wizard club, he could also arrange the results of the match but I have never heard of MJ being hit by a match-fixing case and being processed to court.
I am not getting this. Have you heard of any match fixing that Michael Jordan was involved in? I have not heard of anything like that. Like we have said already, Micheal Jordan is not an addict. Or we can say he is a successful gambler. A successful gambler can nyit be considered as an addict. That is why no newsonline will refer to him as an addict.

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December 21, 2023, 01:53:29 PM
 #77

I was recently arguing with someone whom stated that MJ is a gambling addict, and I pushed back.  I think we could probably all agree that being addicted to anything is never good, no matter what it is.  Michael is famous for being a big gambler.  However, it's not like that's the only thing he does in life.  He's a billionaire with many companies and countless things to do each day. Gambling doesn't effect those important things in life.

He takes care of his family, far from broke and gambling brings him entertainment.. so my question, would MJ be considered an addict?  I argue he's not.  He just loves to do it, but any negative effects may be literally zero ..


Wiki Definition "Addiction is a neuropsychological disorder characterized by a persistent and intense urge to use a drug or engage in a behaviour that produces natural reward, despite substantial harm and other negative consequences. Repetitive drug use often alters brain function in ways that perpetuate craving, and weakens (but does not completely negate) self-control.[1] This phenomenon – drugs reshaping brain function – has led to an understanding of addiction as a brain disorder with a complex variety of psychosocial as well as neurobiological (and thus involuntary)[a] factors that are implicated in addiction's development.[2][3][4] Classic signs of addiction include compulsive engagement in rewarding stimuli, preoccupation with substances or behavior, and continued use despite negative consequences. Habits and patterns associated with addiction are typically characterized by immediate gratification (short-term reward),[5][6] coupled with delayed deleterious effects (long-term costs).[3][7]"

(sorry hilarious and cyrus, I know you see this same type of topic a trillion times a day but this is bit different and something I'm truly interested in discussing, being his situation is unique).

I would focus on the consequences of dependencies.
If an ordinary person, having a family or without a family, working a simple job, begins to become overly involved in gambling, then he will have problems with finances, in his personal life, probably with health and relationships with other people. I mean a person who cannot control his gambling passion. That is, the reason for everything is finances, that is, their absence. In the case of Michael Jordan, even if he is addicted to gambling, most likely he does not experience financial problems and will not experience them in the future.

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December 21, 2023, 02:09:24 PM
 #78

I was recently arguing with someone whom stated that MJ is a gambling addict, and I pushed back.  I think we could probably all agree that being addicted to anything is never good, no matter what it is.  Michael is famous for being a big gambler.  However, it's not like that's the only thing he does in life.  He's a billionaire with many companies and countless things to do each day. Gambling doesn't effect those important things in life.

He takes care of his family, far from broke and gambling brings him entertainment.. so my question, would MJ be considered an addict?  I argue he's not.  He just loves to do it, but any negative effects may be literally zero ..


Wiki Definition "Addiction is a neuropsychological disorder characterized by a persistent and intense urge to use a drug or engage in a behaviour that produces natural reward, despite substantial harm and other negative consequences. Repetitive drug use often alters brain function in ways that perpetuate craving, and weakens (but does not completely negate) self-control.[1] This phenomenon – drugs reshaping brain function – has led to an understanding of addiction as a brain disorder with a complex variety of psychosocial as well as neurobiological (and thus involuntary)[a] factors that are implicated in addiction's development.[2][3][4] Classic signs of addiction include compulsive engagement in rewarding stimuli, preoccupation with substances or behavior, and continued use despite negative consequences. Habits and patterns associated with addiction are typically characterized by immediate gratification (short-term reward),[5][6] coupled with delayed deleterious effects (long-term costs).[3][7]"

(sorry hilarious and cyrus, I know you see this same type of topic a trillion times a day but this is bit different and something I'm truly interested in discussing, being his situation is unique).

Anyone,  irrespective of his affluence or influence can be an addict. It has got nothing to do with how the society sees you but when they find you at the extreme of addiction, which logically wrecks you that's when it becomes a call for concern.

MJ might be an addict but a healthy addict as every of his gambling activity is done in moderation. But, once thing to learn from him is that even in his state of addiction, he still has a way of maintaining a healthy balance across board.

.
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Saisher
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December 21, 2023, 02:24:49 PM
 #79

I was recently arguing with someone whom stated that MJ is a gambling addict, and I pushed back.  I think we could probably all agree that being addicted to anything is never good, no matter what it is.  Michael is famous for being a big gambler.  However, it's not like that's the only thing he does in life.  He's a billionaire with many companies and countless things to do each day. Gambling doesn't effect those important things in life.

He takes care of his family, far from broke and gambling brings him entertainment.. so my question, would MJ be considered an addict?  I argue he's not.  He just loves to do it, but any negative effects may be literally zero ..


I think he is because he already spent a fortune doing this and has no regret will all the wasted money and he has a long history of this ever since his school days and there are a lot of reports about the money that he spends and how he gambles, how about the unreported, I believe he pays people not to expose his addiction but for average gamblers the amount is just too much.
He may think that it's nothing because he is earning enough to cover the losses, but the fact remains the same he has an uncontrollable urge to gamble and money doesn't matter to him when he bet.
Botnake
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December 21, 2023, 02:33:29 PM
 #80

Did he admit he is an addict?

If not, then he isn't a gambling addict. I don't know if gambling addiction could also be a positive thing, because we can be on a scenario that we are making a lot of money in gambling and we are getting addicted to it, and people who sees us that we are going to the casinos all the time believe we are addict, but personally I feel like I'm okay being judge and called as gambling addict.

In the case of MJ (The GOAT), I'm sure he isn't addict in gambling, he just have a lot of money that he wants to throw to get entetained, that's it, nothing more, nothing less.

I knew a retired NBA player which which reportedly addicted to gambling, and that is Charles Barkley, but never heard MJ gets reported before.

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