The greatest basketball player of all time plans to spend his 50th birthday doing what he loves best: gambling foolishly.

“When you reach a milestone like turning 50, you just want to surround yourself with the people you love doing some of your favorite things,” said Jordan. “Hanging out at the OTB all day with a bunch of fellow degenerate gamblers just seemed like the right thing to do.”

Jordan said he’s planning to lose no more than $500,000 in his day-long run at the off-track betting facility, which he called “taking it easy.”