Billy Walters Talks Phil Mickelson, Sports Betting Secrets & New Book "Gambler" in Latest Interview 

He moved a ton of $$ on a weekly basis betting sports no doubt about that best ever however is open for debate

Bill is a major PHILANTHROPIST NATIONALLY...VEGAS,KY, & MANY OTHER PLACES & CAUSES..THANKS BILL & MRS WALTERS..

I ordered the book but was able to check out the CD version.. excellent advice..

Cage is a horrible actor

Cage is an absolute garbage actor.

I was thinking more of De Niro but you got the director right!!

A movie about gambling and money directed by Scorsese would only be right if it starred him lol

Cage is a clown and so are you for suggesting him

Good ol Mr. Waters

Curious how much he tipped you? I caddied for him once at Shadow Creek and he tipped me $1000 along with four passes to play any course he owned.

@steveludwig4200 Nice... I didn't ever make this amount. But it was his own course which he played often... so next caddie up kinda thing. We made great money overall at the course but he also let us play as much as we wanted... so he took care of us in this way as well.

@@Hempdog Free golf can save a LOT of money!

I was his personal caddy when he and Phil got started

The irony of that, cause Michael Jordan had a major gambling problem

The LeBron of sports betting 🫵🏿🤡

the sports betting whale in vegas is also made alot with round robins and other bets and his agency sends out emails the whale is amazing and has been banned sometimes for winning

Did he write it himself

What book

@@baopham9703 Obviously had a co-author.......Great book! Just read it..........Should make it a movie.......This guy is unreal..........What a story!

Great fascinating life!

Read the book in 3 days! Great read! Unreal life!

Americans aren’t “blokes”.

a little prison never hurt no one

Trials and tribulations! if you maintain an overall positive mental attitude on average, you'll be strong enough to get through the worst case scenarios possibly imaginable to man. A dark experience like that will motivate you to appreciate your life, freedom and possible opportunities more than you would ever imagine and solidify what it really means to be fortunate. What doesn't break you, makes you!@@jfraz_7720

A little prison time is good character development

Correct. Warren Buffett has a very small portfolio.........You wanna diversify buy a mutual fund or ETF!!!!

😂

no one can twll many dogs have won inbaseball sometimes many in a nite especially oakland as

we're the clowns that built vegas

No sht🤩

He's talking about books that don't take sharp action and why it's important/smart for books to take sharp money so they can use that information to adjust their lines.

Explain ?? Betting site like FanDuel ??

@@richyung5524 they will let u bet large amounts of money only if you're a losing sports bettor. The minute they see u start beating the line, or found the right formula to win consistently. Then they'll cut your limits to pennies. They won't even give u chance to win your money back.

FanDuel is owned by Flutter Entertainment, in the UK they own the brands paddy power, betfair, sky bet etc,. I opened a paddy power account, placed 10 bets that were sharp and got restricted to tiny stakes, might not be happening in the us right now because they are still growing but they will eventually limit all sports bettors who aren't long term losers.@@richyung5524

A smart better has hundreds of books they can bet with, if they're betting multiple sports. They're not all going to shut you down

everything's good , until it isn't . btw : tesla's run has concluded . market is over , saturated with e vehicles now .

@@ccarrera951 ha!

He's looking for action, to win money in 3 hours or less. The only long-term investment he makes is future bets in the NFL which takes about 18 weeks to win or lose

No, he's saying if they played on Monday night, then they're playing on a short week on the road, they're at a disadvantage. Possibly 8 points, or -8 on the power rating

You're being a little mislead here. the bulk of Billy's money did not come as a direct result of sports betting, he won a poker tournament in 1986 for $175,000 and im guessing had built up a decent bankroll at which time he admits to retiring from poker and using that money for real estate and to build a golf club, he then years later used the same land the course was on and redeveloped it into extremely expensive housing development that made him something like $100 million dollars. When you sit back and realize that when he went to jail he also was ordered to pay the government back $43 million dollars in insider trader case he was busted on. Which is probably telling you.... that he was just using his wealth from his other various ventures for most of the very high stakes gambling he was doing, before that he wasn't using runners and all of that. I like Billy but you're being told a fairy tale. You don't make $200 million dollars betting sports, even if you could max bet millions every single day of your life you would not get to that number. He straight up told you in this interview that he purposely avoided the media at all costs as a strategy, well now that's all were seeing, wouldn't you believe that this is also a very specific strategy? He will lead you to believe he's a hooker with a heart of gold, but even his friends called him a degenerate gambler, an alcoholic and a person that has literally 0.0% money management skills. White lies is what they are called mixed with a fairy tale story. But the overwhelming majority of all his money, ALL of it, came from real estate and all the golf courses he eventually went on to buy and sell. You really think you're making $200m dollars betting sports? LOL Cmon man.

I remember another story where he said the most he ever won golfing was $1m but quickly goes on that he lost it all playing blackjack that night, showing you that he's all action 100% of the time. He once when he was young and first married gambled his house and lost it and had to go home to tell his wife to pack because they have to leave. He has a good work ethic and a strong business mind but definitely just an action guy, which makes it even more unlikely that he's "the worlds greatest sports bettor" Probably at best above average in a time where you could spot way more angles and the lines aren't going to be nearly as saturated as they are today.

@frankrizzo5155 Long term it is mathematically impossible to come out ahead in parlays. Most people like you can’t understand basic math that’s why you’ll never be profitable.

its a book for chumps , u gonna bet like its in 1980? everythign is online now and stats are available for u , gambling is all about money management , dont bother listening to this old fart

I’ve never known anyone who even semi-regularly bet that ended up ahead, usually the opposite. It’s why I don’t bet.

the spread with wisconsin is almost always favorable. easy money.

@@mark8337 investing is always about managing risk. plenty of people make money betting semi regularly, regulary or full time. like all capital speculation you need a strategy and must be consistent.

I noticed that as well

Futures

What players said it was fixed?

It would be impossible to (fix) games. That’s a fairy tale. At least in football. Can one player or official try to affect the outcome? Yes of course. But the idea there’s all these moving parts playing along. No. You would know definitively in short order if there was a concerted group effort to fix games. Anyone who believes that probably still doesn’t know Santa isn’t real.

@@jamesmathews858 they only need one ref or one important player to make a few mistakes. If you got told to drop a few passes for $1,000,000 you would definitely take it. The amount of money on the line is immense.

Blandino came out today and said as much

sprtsbetting whale in vegas is up over 30 mill

@@rogerrosen2323 Will NEVER last...........it never does!!!!

Billy said it's 1% that can win. So if you only know 99 people that bet, you may not know that one person that does win

@@teambitcoin7530 That was my point. You made it. A 99% loss endeavor is not a wise endeavor. It’s like you’re a high school football player forsaking your classroom work and then college classroom work because you’re betting on making it to the NFL. Not a wise way to look at things.

No

He's not really gambling. He's betting with an edge due to superior information and skill

What are you trying to sell.. cuz obviously what you said is a lie

@@jmtolerico thanks for reminding me, I can sell and make millions that I haven't thought

@@siangiumienhhleix2239 didn't quite follow that

u tube video guy banned for winning 11 million

info means nothing they can sit on a ball and run out the clock and not make total or spread

Zero

​@@vincevegas8529if you believe that you're the worst punter ever.

False…

@@vincevegas8529 so are you claiming Billy has not won millions but has gained money by other means? Your whole view is logically flawed.

MMA is the easiest to bet on now only because it's so new and the oddsmakers don't know what they're doing most of the time

Still college basketball.

ehh , what?

The reason he's ragging on Phil is because he didn't back them up on that tax evasion case. Then I think his daughter committed suicide when Billy went to jail, and Billy blames Phil for that

@@teambitcoin7530 Suicide because of that? Must be serious other issues. Sorry for his loss.

That's simple known math, not the same

If you're counting cards and you win, you're going to get backed off. That's part of the game. The casinos have the right to exclude anybody they want. It's only in Atlantic City. I believe that they can't back you off for counting cards. That's what I've heard anyway

You're absolutely right. His book isn't going to teach you how to win. It's going to help you to possibly win

He doesn’t state the total of his future bets here

Yes and on here it was 3.5 plus futures. Why’s are you trying to create a negative narrative

He'd never ever do that

@@denisyanakiev9788 I know

If you're winning in sports, why would you sell your picks? Just bet the games

@@teambitcoin7530 It’s dude out here gambling with subscriber money and not there real income that’s why.

You obviously don't know just how great of a handicapper this guy is... it's not even close. Inside info all day every day and he parlayed his gambling into tens of millions, if not hundreds of millions... no pun intended 💯

@@Hempdog I get it but at the end of the day it's all just luck; the ball bounces 1 other way and the other side wins; I wonder if billy is going public to lure in more bettors to fail for the casinos so they get even stronger; Trust me, flip a coin and bet

thats why ive always thought it was rigged. the rate at wihch the house beats the public goes beyond the odds of probability

It's not rigged. The sportsbooks give out bad odds because of the vig/juice they charge on every bet. That's why 99% of bettors lose money long term. You either have to build better models than the sportsbooks or identify market inefficiencies in the odds. Billy did both.

You are a fool who doesn’t understand anything about betting ❤