Sex with the 23-year-old is being auctioned through the Moonlite Bunny Ranch brothel in Nevada which has become famous for publicity stunts and its celebrity clientele.
Bailey revealed she grew up “sheltered” in a home with strong Christian values, attending a “strict” all-girls boarding school in her teens.
She was planning to have sex for the first time on her wedding night, but realised that her cheating ex-boyfriend “wasn’t worth waiting for” and neither was marriage.
Bailey – who has described herself as a “bona fide virgin” – has written a blog post explaining why she is selling her virginity through a legal brothel and addressing critics who say the stunt will make her a prostitute.
“I grew up nestled in a gated community in the suburbs of Sacramento, California. I was adopted when I was one year old, and grew up with very strong Christian values as my adoptive father was an elder at our home church.
“I grew up very sheltered. I was not allowed to watch TV, listen to any music other than Christian music, have friends over, or have sleepovers ever.
“If we did watch a movie, it was on the Hallmark or Disney channel. If we were allowed to watch TV, we were allowed to only watch programs like Little House on the Prairie. I remember sneaking and watching Carmen Sandiego cartoons and Hannah Montana with my sister.”
Bailey said her parents sent her to the girls-only Christian boarding school in Stockton, Missouri, when she was 16 and she had no contact with boys while she was there.
“Needless to say, the lack of male company and deep religious study contributed to me becoming an adult virgin.”
After graduating, she moved in with her birth father in Charlotte, North Carolina, before moving to Wisconsin to live with her biological grandmother.
She eventually got a boyfriend, who was also a Christian, and they moved in together, but she did not want a sexual relationship until they were married.
But the relationship began to unravel after he was unfaithful to her.
“I learned that love can be deceiving when I discovered that he slept with his ex on Valentine’s Day, however. Being the naive 19 year old that I was, I thought that if I stayed with him and we enrolled in couples therapy, I could make our relationship right again.
“At that point I had virtually nobody and my ex-boyfriend brought me companionship. So, I stayed. Foolishly. Only to be heartbroken after one of our couples therapy sessions when I found out that he had already met and slept with someone else – on their first date no less.
“After grieving for a while, I came to the conclusion that waiting until marriage to lose my virginity was the wrong decision, because my ex-boyfriend wasn’t worth waiting for.”
That’s when she made the decision to sell her virginity, she said.
“I thought that I could trade my virginity for my boyfriend’s lifelong devotion. I was wrong. So, I decided that I was going to get something for my virginity – something that benefits me and my life.
“I wanted to lose my virginity in the most profitable way possible.”
She then contacted Dennis Hoff, who runs the Bunny Ranch and other legal brothels in rural Nevada.
Bailey has faced criticism for her decision, which she has brushed aside.
“Society perceives me as a deviant, and I am okay with that. At the end of the day, it is my body. I have the right do what I want with it.
“Going through the Bunny Ranch allows me to legally have sex for money. Does this make me a prostitute? Gasp! Meh, I don’t know. If you take a picture once, does that make you a photographer?
“I do not think that capitalizing upon your purity makes you a bad person. Just like having sex with multiple men does not make you a bad person. We all make choices. Mine was to wait. Now it is to sell.”
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