Sports Bettor Billy Walter’s Winning Streak

Believe me,” McCarlie added.

“I’ll take 15,” Walters countered.

Asked if there’s anything he doesn’t gamble on, Walters replied, “Not really.”

“Five-to-one for birdie,” McCarlie replied.

Copyright 2011 CBS. Now, he’s a very wealthy man,” Walters replied.

“What’s the price?” Walters asked.


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.

“That’s a lot of money,” Logan remarked.

He gambled on the Super Bowl last year and won $3.5 million. So, how does a professional gambler approach the big game?

“By far. Small potatoes for Walters.

“Ten,” McCarlie said.

When Walters golfs, it’s mostly for fun. Most bettors come to a sports book inside the casino, to lay their bets, wagering $2.5 billion dollars every year. I never got to bed to with it. Had no air conditioning.

“How much money have you taken off him over the years?” Logan asked.

“You got it for a dime!” Walters agreed.

Walters just missed a 60-foot putt, but after only three holes, he was up $17,000. All rights reserved.

“He is,” both men replied simultaneously, laughing.

Walters has been almost as elusive as Howard Hughes, avoiding publicity, reluctant to reveal his secrets.

“What’s the most you’ve ever made on a hole?” Logan asked.

When it comes to gambling, everybody knows the house has the advantage. He used to make his living off it. But there are some high rollers who consistently win, and it’s hard to find anyone better at winning than Billy Walters. I lost it all in the Horseshoe Hotel playing blackjack before I went to bed,” he replied.

“Probably $400,000,” Walters said.

Asked what his biggest win was on a round of golf, Walters said, “Probably a million bucks, around a million dollars.”

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. . The Super Bowl: America’s Biggest Bet

More people bet on the Super Bowl than any other sporting event. Nevada is the only state in the country where taking bets on individual games is legal. 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.

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.

The Gambler

Extra: The “Keyser Soze” of Las Vegas?

Extra: Billy Walters’ Analytics

Extra: The $3.5 Million Bet

“When I met him, he was driving an old Cadillac full of bullet holes

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