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Report: Charles Oakley tried to cheat three times at casino

BIG3 - Week Two

CHARLOTTE, NC - JULY 02: Coach Charles Oakley of the Killer 3s waits for the game against Power to start during week two of the BIG3 three on three basketball league at Spectrum Center on July 2, 2017 in Charlotte, North Carolina. (Photo by Grant Halverson/Getty Images)

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Charles Oakley was arrested for gambling fraud last month. The Former Knicks/Bulls/Raptors/Wizards/Rockets forward reportedly removed a chip from the table of a Las Vegas casino once he realized he’d lose his bet.

But this wasn’t just a momentary indiscretion.

Charles Oakley didn’t just try to pull a fast one over a Vegas casino -- he tried to cheat 3 TIMES during a round of Ultimate Texas Hold’Em ... TMZ Sports has learned.

During the first hand, Oakley started off strong ... with a pair of 4s. But the dealer ended up with a winning hand, 2 pair. When Oakley realized he was gonna lose, he allegedly pulled back a $100 chip from his bet.

Later on during the gambling session, Oakley had a monster hand -- 3 of a kind -- and this time, officials say he secretly ADDED chips to his bet on 2 different occasions during the hand, thereby increasing his payout by $125.

Oakley’s charge was reduced from a felony to a misdemeanor. But did he really think he’d get away with this? What was he thinking?