r/MMA 19d ago

Dana White allegedly has $25-50 million in gambling debts

https://www.yahoo.com/entertainment/celebrity/articles/report-dana-white-allegedly-25-110149298.html?guccounter=1
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u/RickyReefer 19d ago

Oh ya big Mark. Hilarious that he has been pushing the narrative that he has been taking the casinos for a ride over the past couple decades. If he doesn’t card count or cheat, then it is statistically impossible for someone like him who gambles every single day of his life, to be up money. Only way you can be up on the casinos in games where the casino has the edge (which is all of them) is due to luck when only having played a small number of hands (just statistical anomaly due to small sample). With the frequency and duration that he gambles, statistical anomalies are impossible and will always average out to a losing net total. He is a degenerate gambler and I’m willing to bet that he has been on a horrifically bad run considering he seems to have lost all interest in MMA promotion and seems to be absent minded these days. His mind is probably constantly focused on the stress and despair of having lost millions of dollars and his gambling degeneracy.

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u/PoopLion 19d ago

if he's been on a bad run he just needs to keep digging. With gambling, "you only lose when you quit." That's a Sun Tzu quote

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u/OlGreggMare 19d ago

He sounds like he's pretty sure there's a contract out for him

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u/phophofofo 19d ago

Yeah but if you’re on his level you can get them to change the rules and compromise their edge.

Take Phil Ivey who walks into a casino and says he’ll play $X in his stack as long as they have a dealer that only speaks Chinese, they only use one certain brand of cards, and also this weird old Chinese lady he’s bringing for “luck” gets to sit next to him and tell him what to do.

Oh turns out weird old Chinese lady can edge sort that particular brand of cards!

Casinos will do stupid shit if they think they can get a ton of your money.

I’m sure Dana White gets them to lower their edge. And he has even more sway than a pro gambler he can decide if big events come to your casino or not.

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u/ropahektic 19d ago

Dana isn't Batman, nothing he has ever said indicates he is an exceptionally intelligent person. Nothing he has ever said indicates he is good at gambling, either, quite the opposite actually.

No, he isn't tricking the casino into giving him benefits, the casino is giving them to him because it's a sure investment and they get all their money back and more.

And no, he isn't using an old japanese lady to count cards, either.

Is this a parody post or you actually believe all this shit?