Golfer Phil Mickelson is in the news for losing $40 million in less than half a decade. The golfer lost the massive sum of cash betting on a wide variety of events. In fact, Mickelson even made 50 wagers in less than half an hour while in the presence of a reporter.
All the Juicy Details
The details of Mickelson’s gambling losses are explained in a new book hitting store shelves this month. The book, “Phil: The Rip-Roaring (and Unauthorized) Biography of Golf’s Most Colorful Superstar”, written by sports reporter Alan Shipnuck, gives readers an inside look into golf’s most beloved personality.
The book delves into how Mickelson spent time gambling while golf writer John Hawkins was in his presence. Hawkins observed Mickelson wagering in a locker room back in the aughts. The experience, as recently revealed in an excerpt from the book, details how Mickelson used his phone in front of Shipnuck to place several wagers on college basketball games.
Hawkins noted that it seemed as though Mickelson was attempting to show off while in his presence, possibly to win his favor as a buddy who would go to bat for him in the media. Though Hawkins did not put all the details of Mickelson’s wagers in the piece he wrote about the golfer at the time, he is talking about the experience now that Shipnuck’s book is available.
Is Phil Mickelson a Gambling Addict?
Mickelson, also noted for correctly predicting the Baltimore Ravens’ first Super Bowl victory, is likely a gambling addict. The golfer wagered on the Ravens to win it all that year and made it known to the media yet his losses have clearly surpassed his gains.
The fact that the public is aware of Mickelson’s $40 million gambling loss in the first half of the 2010s is an indication that the golfer has likely lost even more than he is unwilling to discuss publicly. Mickelson’s character also took a hit years back when it was revealed he engaged in insider stock trading.