DANA WHITE said he is a 'degenerate gambler' and admitted to losing a staggering $1million boxing bet once. <\/p>\n
The UFC boss is a notorious blackjack player but opened up on his love for betting on sports. <\/p>\n
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Things did not go so well for him in 2007, though, when he lost $1m after Jermain Taylor was knocked out by Kelly Pavlik. <\/p>\n
White told ESPN: Oh my god. What was the kids name? Jermain Taylor. <\/p>\n
\"And who did he fight? I know this for the ass-whooping I took. He fought the tall, lanky, white kid from Ohio, Kelly Pavlik. <\/p>\n
\"I bet $1million on Taylor and he got destroyed. <\/p>\n
\"It was the first time I ever bet $1 million dollars because I was so confident Taylor was going to win that fight.\" <\/p>\n
White grew up in Boston but in the early 90s he left for Las Vegas after a run-in with crime boss Whitey Bulger. <\/p>\n
Living in Sin City, where he later became UFC president, was how his love for betting started. <\/p>\n
White said: Id say its about time. I like it. Its obviously a thing people love to do. <\/p>\n
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\"It makes whatever youre watching a lot more fun, a lot more interesting, so Ive always been for it. But Im from Vegas. <\/p>\n
I play table games too much. Im a degenerate if youre not getting it. Im a degenerate, yes. I love to gamble.\" <\/p>\n
Astonishingly, White has been banned from the Palms Casino Resort TWICE due to the success of his blackjack playing. <\/p>\n
The first occasion in 2012, saw White retaliate by refusing to put on UFC events at the casino, where The Ultimate Fighter bouts had been staged. <\/p>\n
But under new owners, the promoter was invited back in 2014. <\/p>\n
It did not lost long, however, as between March 1 and May 21, White claimed to have won $2MILLION. <\/p>\n
He found himself again barred from betting there, but this time he was awarded a BELT for being the 'undisputed blackjack champion'. <\/p>\n
His childhood friends Frank and Lorenzo Feritta bought the UFC in 2001, and White was immediately named the promotion's president. <\/p>\n
The Feritta brothers sold the UFC for $4.4BILLION to entertainment company WME-IMG in 2016. <\/p>\n
White, who stayed on as president, is said to have pocketed $360m after the sale due to his shares in the company, according to Darren Rovell. <\/p>\n
The promoter, who has an estimated net worth of $500m, denied in a 2014 Las Vegas Review-Journal interview that he had a gambling problem. <\/p>\n
He said: Has it affected my personal life? Has it affected my professional life? Have I lost all my money? <\/p>\n
\"Theres nothing negative about what Ive been doing lately.<\/p>\n
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UFC chief Dana White says he is a degenerate gambler and admits losing staggering $1million boxing bet - The Sun<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" DANA WHITE said he is a 'degenerate gambler' and admitted to losing a staggering $1million boxing bet once. The UFC boss is a notorious blackjack player but opened up on his love for betting on sports Continue reading