Sports Bettor Billy Walter’s Winning Streak
January 24, 2017
Had no air conditioning.
Asked what his biggest win was on a round of golf, Walters said, “Probably a million bucks, around a million dollars.”
“Ten,” McCarlie said.
But after 30 years of unprecedented success, the man who calls himself a Kentucky hillbilly agreed for the first time to open the door into his betting life in Las Vegas – a life he describes as one long hustle – in betting parlors, in pool rooms and on the golf course.
“When I met him, he was driving an old Cadillac full of bullet holes. He used to make his living off it. Now, he’s a very wealthy man,” Walters replied.
Extra: The “Keyser Soze” of Las Vegas?
Extra: Billy Walters’ Analytics
Extra: The $3.5 Million Bet
“Yes. Believe me,” McCarlie added.
“How much money have you taken off him m88 over the years?” Logan asked.
When it comes to gambling, everybody knows the house has the advantage. And he showed us how the hustle worked with Gene McCarlie, an old friend and casino owner.
“Who’s the better golfer?” correspondent Lara Logan asked Walters and McCarlie on a golf course.
Walters just missed a 60-foot putt, but after only three holes, he was up $17,000.
© 2011 CBS. So, how does a professional gambler approach the big game?
“By far. Most bettors come to a sports book inside the casino, to lay their bets, wagering $2.5 billion dollars every year. Small potatoes for Walters.
“That’s a lot of money,” Logan remarked.
The Super Bowl: America’s Biggest Bet
More people bet on the Super Bowl than any other sporting event.
He bets on football and basketball, is worth hundreds of millions of dollars, and has been so successful that many Las Vegas bookmakers are afraid to even take his bets.
“I’ll take 15,” Walters countered.
He gambled on the Super Bowl last year and won $3.5 million. I lost it all in the Horseshoe Hotel playing blackjack before I went to bed,” he replied.
Asked if there’s anything he doesn’t gamble on, Walters replied, “Not really.”
On the day we went along, the two buddies decided to play for $5,000 a hole, with a few side bets along the way. Walters has been almost as elusive as Howard Hughes, avoiding publicity, reluctant to reveal his secrets. I never got to bed to with it. . But there are some high rollers who consistently win, and it’s hard to find anyone better at winning than Billy Walters. All rights reserved.
“Probably $400,000,” Walters said.
“He is,” both men replied simultaneously, laughing.
“What’s the price?” Walters asked.
“Five-to-one for birdie,” McCarlie replied.
“What’s the most you’ve ever made on a hole?” Logan asked.
“You got it for a dime!” Walters agreed.
When Walters golfs, it’s mostly for fun. Nevada is the only state in the country where taking bets on individual games is legal
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