John Daly says he has lost between $50 million and $60 million during 12 years of heavy gambling, and that it has become a problem that could “flat-out ruin me” if he doesn’t bring it under control.
Daly discussed his addiction to gambling in the final chapter of his autobiography, John Daly: My Life In and Out of the Rough, to be released next Monday.
He told one story of earning $750,000 when he lost in a playoff to Tiger Woods last fall in San Francisco at a World Golf Championship. Instead of going home, he drove to Las Vegas and says he lost $1.65 million in five hours playing mostly $5,000 slot machines.
That’s losing $5,000 every 55 seconds (not counting any winnings along the way).