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Reading: Michael Jordan Grabbed Charles Barkley’s Chips In A Casino And Won $300K Playing Blackjack In 30 Minutes
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Home > NBA News & Analysis > Michael Jordan Grabbed Charles Barkley’s Chips In A Casino And Won $300K Playing Blackjack In 30 Minutes

Michael Jordan Grabbed Charles Barkley’s Chips In A Casino And Won $300K Playing Blackjack In 30 Minutes

Michael Jordan once took casino chips from Charles Barkley and returned them in 30 minutes after winning over $300,000 in blackjack.

Ishaan Bhattacharya
Apr 11, 2024
4 Min Read
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Credit: Fadeaway World

Michael Jordan had a love of gambling that many people have brought up over his career, but no one could stop the Bulls star. Cedric the Entertainer revealed that he was once in a casino with Jordan and Charles Barkley, with Jordan taking nearly $300,000 worth of chips from Barkley to play blackjack.   

“I’m on the roulette table with Charles (Charles Barkley), you know? He doing good too, he is up like $600,000 or something at the time. He got a bunch of chips on the table… MJ (Michael Jordan) walks in, grabs a bunch of Charles’s chips, and walks off!”

Cedric then revealed that Jordan would return Barkley’s chips to him in about 30 minutes, revealing that he had made a profit of about $300,000 in that time.

“Charles was like, ‘Man! Bro, how much was that?!’. MJ was like, ‘Does it matter? Like it doesn’t matter dog, you know I got you!’ He went over there, he started gambling. He started playing blackjack, came back about 30 minutes later, gave him all his chips, [and] say ‘I’m up $300,000 over here man, I’m good!’”

Michael Jordan absolutely loves gambling, having previously said that competition fuels him, and gambling on it adds to the thrill. Even though many assume Jordan’s NBA career was sidetracked by his gambling habits, his winning record proves that he rarely let his affinity for gambling spill over onto the court. 

Jordan is a supreme competitor and always looking for ways to beat people. Everyone who watched ‘The Last Dance’ has seen the clip of how Jordan used to get fiercely competitive even with Bulls’ security guards, so it’s abundantly clear that betting gives Jordan a thrill that not many things could replicate.


Michael Jordan Once Spent All Night Gambling To Recover $500,000 In Loss

Michael Jordan has plenty of money, being known for being the richest NBA player during his playing days, and is currently the richest basketball player ever with a net worth of over $3 billion.

Jordan’s gambling habit has never been about the money, but about winning. This is exemplified through a story about Jordan revealed by Roland Lazenby, who claims Jordan once spent all night in a casino to recover $500,000.

“During exhibition season in late October, Leahy’s running account of the comeback tracked Jordan up at Connecticut’s Mohegan Sun casino the night before a game. Jordan, down $500,000 at the gambling tables, stayed till the sun came up, and he had won his money back, plus about $600,000 more, all the while unaware that Leahy was providing a running play-by-play of the event for readers back in D.C.”

These gambling stories reflect the incredible winning drive Jordan became well-known for on the NBA court. While he had to tackle some unsavory media attention for his gambling habit, Jordan expertly navigated through it and realized his potential as the greatest NBA player in history.

Thank you for being a valued reader of Fadeaway World. If you liked this article, please consider following us on Google News. We really appreciate your support. 

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Thank you for being a valued reader of Fadeaway World. If you liked this article, please consider following us on Google News. We appreciate your support.

TAGGED:Charles BarkleyMichael Jordan
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ByIshaan Bhattacharya
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Ishaan Bhattacharya is a content manager for Fadeaway World from New Delhi, India. With his expertise in NBA content creation, Ishaan brings a wealth of experience to his role, contributing to the site's authority and reach within the basketball community. Over the last year, Ishaan has interviewed Ray Allen and Mark Tatum, while also covering the 2023 NBA Abu Dhabi Games which saw the Dallas Mavericks take on the Minnesota Timberwolves.Since joining Fadeaway World in March 2022, Ishaan Bhattacharya has become known for his unique perspective on the NBA. He consistently delivers this insight through his daily news coverage and detailed opinion pieces on the most significant topics in the league.Before his tenure at Fadeaway World, Ishaan worked in corporate communications, where he serviced prominent sports brands, including NBA India, Sports18, Amazon Prime Sports, and Royal Challengers Bangalore. This experience in strategic communications for leading sports entities has enhanced his ability to craft impactful narratives and connect with a global audience.A true MFFLer (Mavs Fan for Life, for the uninitiated), Ishaan is a massive fan of the Dallas Mavericks. When he is not upset about Jalen Brunson walking in free agency, you can see Ishaan as an avid gamer and content creator. His passion for basketball extends beyond the Mavericks, as evidenced by his thoughtfully curated NBA Mount Rushmore, featuring LeBron James, Michael Jordan, Kareem Abdul-Jabbar, and Bill Russell—each representing distinct eras and bringing their unique qualities to the game.Featured On: ESPN, Sports Illustrated, Bleacher Report, Yahoo Sports, NBA, Fox Sports, The Spun
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