Lil Baby Reveals He Lost $8 Million in One Day from Gambling: A Wake-Up Call
Lil Baby recently opened up about a staggering experience where he lost $8 million in just one day due to gambling, an incident that made him take serious action to stop. The 30-year-old rapper shared the details during an appearance on the A Safe Place podcast with Lil Yachty on December 18, 2024.
Lil Baby’s Shocking Loss at the Casino
During the podcast, Lil Baby recalled spending 40 hours straight at a casino, which led to a significant financial loss. “I lost like $8 million, $9 million,” he admitted, revealing the extent of his gambling issues. For the rapper, it wasn’t just a random loss—it was a wake-up call.
“I made myself stop gambling,” Lil Baby confessed. To ensure he wouldn’t fall back into old habits, he enlisted the help of Mike Rubin, the CEO of Fanatics. Rubin wrote a letter to casinos asking them to ban Lil Baby from their premises. “Because I’ll just do s—,” Lil Baby explained, acknowledging that he couldn’t control himself when it came to gambling.
Lil Baby’s Decision to Quit Gambling
The decision to quit gambling came after the rapper realized that his losses were far too great. “I don’t gamble no more,” he firmly stated, adding that he made a conscious effort to end that part of his life. His revelation sheds light on the pressures of fame and the temptations that come with it.
50 Cent Reacts to Lil Baby’s Gambling Admission
The rapper’s candid comments caught the attention of 50 Cent, who shared the clip from the podcast on his Instagram. 50 Cent, known for his bold sense of humor, was taken aback by the scale of the loss. He called Lil Baby’s actions “crazy,” joking, “I thought only Floyd Mayweather does s— like that,” referencing the boxer’s infamous gambling habits. Despite the jest, 50 Cent expressed relief that things didn’t spiral further, commenting, “I’m just glad he didn’t kill nobody.”
Lil Baby’s Career Update: New Music Coming Soon
While Lil Baby’s gambling story may have garnered significant attention, he is also focusing on his music career. The “Band4Band” rapper is gearing up for the release of his highly anticipated fourth solo studio album, titled WHAM (Who Hard As Me). Set to drop on January 3, 2025, the album will feature collaborations with some of the biggest names in hip hop, including Future, Young Thug, Travis Scott, and 21 Savage. Fans are eagerly anticipating the 15-track project.
Additionally, Lil Baby and Lil Yachty recently released a collaboration with Rod Wave, titled “F— the Fame”, from Rod Wave’s latest album, Last Lap.
50 Cent Gears Up for Las Vegas Residency
While Lil Baby focuses on his upcoming album, 50 Cent is preparing for a major milestone in his career. The Power star will kick off his first-ever Las Vegas concert residency, 50 Cent: In Da Club, with six performances at PH Live at Planet Hollywood Resort & Casino at the end of 2024 and into 2025, including a special New Year’s Eve performance. 50 Cent’s residency promises to bring the energy and excitement to Las Vegas, offering fans an unforgettable experience.
Conclusion: A Lesson Learned for Lil Baby
Lil Baby’s experience with gambling serves as a cautionary tale, showing how easy it is to get lost in the world of high-stakes betting. His decision to walk away from gambling for good and focus on his music is an inspiring one. With a new album on the horizon and a clear direction for his future, Lil Baby is poised to continue his success in the music industry while leaving behind a troubling chapter.
