Lil Baby Says Losing $8 Million in One Day Made Him Quit Gambling

Baby had Michael Rubin call casinos to ban him from playing in their establishments.

Lil Baby Says Losing $8 Million in One Day Made Him Quit Gambling

Lil Baby loves gambling. Whether that be on betting on himself in his career, cards or rolling dice, the Atlanta rapper is always down to play the odds.

Baby hopped on Lil Yachty’s A Safe Place podcast where he admitted that losing a fortune in less than two days forced him to get his gambling habit under control.

“$8 million,” he said when asked what’s the most he’s lost. “Like one day, probably like 40 hours straight, I lost like $8 million, $9 million. I made myself stop gambling.”

Baby continued: “I had Mike Rubin write a letter to every casino and ban me from the casino. I just do s–t. I don’t gamble no more.”

Don’t expect to see Lil Baby in the casinos anymore, but he’s still making it rain in other ways. The 4PF rapper and Fanatics CEO Michael Rubin have become close friends over the years as they’ve aligned on REFORM Alliance ventures and business dealings such as Mitchell & Ness and Fanatics.

Rubin and Lil Baby have been the subject of plenty of memes and social media fodder with photos from his famed “white parties” on July 4. Elsewhere talking to Yachty, Baby revealed the memes actually bother him.

“I don’t play with n—-s, period on no funny, weird s–t. I’m dapping Kuzma up and Mike’s happy to see me he run up on me. I got 10 other pictures,” Baby said. “We play like that. They white so they don’t really understand how I understand. Even when the picture came out before it went viral I told Mike, ‘I can’t have pictures like that.'”

He continued: “When that picture came out, I literally made Mike Rubin go to the security camera in his house and go to the footage the whole time. I ain’t even gonna post that s–t… Certain s–t, all that type s–t like that really bother me. How I grew up, certain s–t can’t be on your name.”

The 30-year-old called Michael Rubin a “super great influence” on his life. “We have the best conversations ever,” Baby added. “He damn near fascinated with the way I live, and I’m fascinated with the way he lives so we live in the middle.”

Lil Baby is looking to kick off 2025 on a high note as he readies a pair of albums, the first of which is set to arrive on Jan. 3 with WHAM (Who Hard As Me).