Las Vegas sports betting legend Bill Walters has never had a losing year - a winning a streak that's made odds makers call him the "most dangerous sports bettor in Nevada." Lara Logan reports.
@@GNMbg for sure. If nothing else, it’s a great story. The only issue I see with his publication and revealing his secrets is the bookmakers now also have them lol.
What is the software that's shown on his screen? Does it tell him the latest lines everyone in Vegas, up to the second? Can anyone buy or lease that program?
Both teams he bet $400k on at 3:26, Packers and Browns, lost. this was wk 14 of the 2010 season,12/12. browns lost to bills,13-6, packers to lions 3-7. yet she says he "won big" on his football bets.. sounds like fake news.
I've been putting work into my strategy and this was my first week and I'm up $300. I feel I could of made more cut had tough losses. I'm also betting low since i just started
This guy got semteced to 5 years for insider tradinig . thats why he made money , just another scammer that Vegas promoted to lure in dumb people who think they can make it
@@urosuros2072 The govt goes after "insider traders" when it cant find anything else because its easy i.e. Martha Stewart. Billy made less on the insider deals than in any ONE year of gambling on sports. Dude is the all-time GOAT of sports gambling...don't believe me, believer EVERY other big time gambler in the world. And most of the time it was through legal sportsbooks. Feds HATE good gamblers just like the casinos hate them because they dont like to lose.
@@jaysantos536 Well if he got convicted for insider trading stocks dont you think he did same shady things in gambling ? You dont trow away your whole life reputation for 1 trade at older age after your already became rich , only reason to do it is if your doing simmilar things your whole life and this one fraud doesnt make difference . Also guy made most money on college sports which can easily be defrauded
@@urosuros2072 you are making a LOT of unfounded allegations sir. You have NO idea how he handled his business in ANY way so...........the BOTTOM LINE is he is regarded BY HIS PEERS as the best sports gambler of all time and the facts are he was charged with ONE crime and convicted and served his time. By all acounts of everyone that knows him well, Billy is VERY well RESPECTED.
Actually his personality and temperament was his downfall many times, too much gamble in him and hyper competitive which led to mistakes. His edge was being part of the computer group back in the 1980s which allowed him to earn a ton of money and more importantly he got the secret sauce on how to build sophisticated algorithms better than anyone else so he could continue on without them. Like they say it”s not what you know it’s who you know.
@@ryanc9888 Well, and his temperment for greed too. If he stuck to sports gambling, and is as good as he says he is, he didnt need to be involved in insider trading in the first place, right? Sweet jet, but man, he lived high on the hog. Its a free country, but a jet, seven houses, the guy had to have had massive bills that he didnt really need to have. Maybe thats why he did it. Maybe his golf courses and car dealerships werent doing well either, idk. Id have simplified life. One or two nice houses, and be legitimate as possible. Taking risks with illegal activities when youre 65 years plus, is a pretty stupid gamble from a guy whos supposed to be the greatest gambler of all time. Pretty ironic.
@@chocolatetownforever7537 Walters is still extremely rich and lives in his mansion in beautiful Carlsbad. He was never desperate for money, he just can’t stand losing a dime to anyone. He lost in the stock market so he wanted it back despite being worth 300 million. The judge even said he has so much money from sports betting and other business that the 40 million profit from his alleged Insider trading was completely unnecessary and it was just about keeping score.
it is INSANE how there’s been little to no government intervention in online gambling, it is out of control and needs immediate regulations for the public (the 1% heavily profiting this decade)
At 4:00, why does he say "$1,370,000 plus 10%" when the 10% vig is already included in that amount? They don't send you a bill for an extra 10% if you lose. You just lose the bet.
For every BW, there are millions of people losing thousands of dollars a week. Football 🏈 is the worst. Why? Because the ball is misshaped and takes odd bounces when it is fumbled. Unpredictable. Who could have predicted SF beating Green Bay last week in a cold weather game? Nobody! They blocked a punt and caught the ball 🏈 and ran in for a TD to tie the game at the very end. Then made the game winning field goal. They crushed the Packers at home. And now Rodgers may even leave as a result of this bitter loss. I would have bet on GB and lost. Most people can’t win 50 percent of their bets and that is a losing proposition.
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