This former quarterback for the Philadelphia Eagles sustained £14,630,000 losses after gambling an approximately £14,630,000. He didn’t have a passion for table games but spent his money on an illegal dog-fighting ring.
His betting and involvement in this unethical type of gambling got him suspended from the National Football League. The NFL commissioner said it was not only immoral but a breach of established league guidelines.
Michael was playing for the Atlanta Falcons at the time, who took action against him. They requested a reimbursement of the bonus he received. The court agreed with the Falcons, stating he was using the money to aid the betting ring.
Through all the drama, Vick has paid his dues and is now an NFL studio analyst. It’s safe to say his gambling addiction nearly cost him everything.
Frank Saracakis’ recreational activity of roulette, and the irresistible temptation to play the Melting Pot, had him purchasing £9,509,500 worth of chips. He was heir to a Greek automobile company and decided in 1995 to visit London’s Crockford’s Casino.
He played for a couple of hours, and eventually lost all the chips he had purchased. Luckily for Frank, he didn’t lose it all, but he did lose a noticeably large amount.
Pete McMartin’s gambling addiction was triggered when she won £18.29 playing slots back in 1994. Since that moment, the wagering amount escalated to £2,194.50 in one betting session.
She eventually lost her whole paycheck, £2,926, in one evening of playing the slot machines. It might not compare to the vast amounts the other people in this piece experienced, but it was all of Pete’s monthly earnings. This goes to show how it can happen to anyone, especially if maintaining control is a problem.