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01-16-2011, 08:05 PM
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#1
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,623
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60 minutes to profile big time sports bettor
I'm sure this would be of interest to many of us here...show just started because of Jets game here on the East Coast...looks like it's going to be the last story...so you have time...
If this has been posted already, my apologies in advance...
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01-16-2011, 08:07 PM
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#2
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Registered User
Join Date: Jul 2006
Posts: 5,594
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I just started another thread. You can delete mine if you want.
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01-16-2011, 08:23 PM
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#3
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Registered User
Join Date: Apr 2007
Posts: 7,656
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This should be interesting!! In the opening comments of the show, he states his largest bet, I believe, was 3 1/2 million on the Super Bowl.
Lord, have mercy. 
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01-16-2011, 08:42 PM
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#4
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
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billy walters is the computer man.
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01-16-2011, 08:58 PM
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#5
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Registered User
Join Date: Aug 2008
Posts: 1,881
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betting in vegas over the last decade has been an interesting endeavor. over the past few years, homeland security, I.C.E, and other federal agencies have "busted" horseplayers and sent them to jail for moving money through casinos into pools. horseracing is a legal betting proposition in most of the lower 48 states and yet the government chose to interperate the laws so as to prosecute and convict horseplayers.
this guy is on t v bragging about betting 3.5 million on a superbowl. there is only 1 place to bet sports, legally, in this country....vegas. does anyone believe he can move all his sports bets in vegas ?
how does he avoid the scrutiny that befell those horseplayers ? interesting ....isn't it ?
Last edited by sonnyp; 01-16-2011 at 09:00 PM.
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01-16-2011, 09:11 PM
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#6
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Registered User
Join Date: Apr 2007
Posts: 7,656
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Nice segment on a man who started out dirt poor in Kentucky, born to a mother of three, by the time she was 17, who as he said, "wasn't around much." Teaching himself how to shoot pool. Pretty amazing.
Looks like he's not only of extraordinary wealth, but that his wealth has helped a LOT of people who otherwise may not have been the beneficiaries of such.
Sonny, maybe those other whales weren't or aren't as detailed or as good at what they do as he is.
Lara Logan was enjoying her assignment, too.
Nice jet. Beautiful paint job.
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01-16-2011, 09:14 PM
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#7
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Registered User
Join Date: Jul 2006
Posts: 5,594
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Lara Logan was enjoying her assignment, too.
I noticed that too. Looked like she had a crush on him or something. I guess having a private jet helps.
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01-16-2011, 09:32 PM
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#9
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Registered User
Join Date: Jan 2006
Posts: 28,551
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Quote:
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Originally Posted by Stillriledup
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What an injustice it is to put Brandon Lang's name in the same sentence with Billy Walters'.
Lang is a fraud, who has cost his gullible clients millions of dollars...while Billy Walters is a true legend in the gambling world.
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01-16-2011, 09:46 PM
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#10
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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I liked the part about when there was a discrepancy between the Vegas line and his line. To paraphrase his answer when asked what he does when this happens, "bet more".
This is exactly where I was going with the other thread "Odds too high?"
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01-16-2011, 09:49 PM
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#11
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
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he is the very best roulette player i have ever heard of in my life. he beat the golden nugget in atlantic city out of $3 million in a weekend!
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01-16-2011, 09:49 PM
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#12
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Veteran
Join Date: Oct 2009
Posts: 25,607
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Quote:
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Originally Posted by thaskalos
What an injustice it is to put Brandon Lang's name in the same sentence with Billy Walters'.
Lang is a fraud, who has cost his gullible clients millions of dollars...while Billy Walters is a true legend in the gambling world.
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Right! I hear you.
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01-16-2011, 09:50 PM
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#13
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Registered User
Join Date: Jan 2006
Posts: 28,551
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Quote:
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Originally Posted by cj
I liked the part about when there was a discrepancy between the Vegas line and his line. To paraphrase his answer when asked what he does when this happens, "bet more".
This is exactly where I was going with the other thread "Odds too high?"
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Agreed...how could a man like Billy Walters operate properly, if he was paranoid about the lines moving against his opinion?
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01-16-2011, 10:03 PM
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#14
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Quote:
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Originally Posted by lamboguy
he is the very best roulette player i have ever heard of in my life. he beat the golden nugget in atlantic city out of $3 million in a weekend!
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There is no strategy I've ever heard of that has a positive expectation in roulette. The way to be the best player is to never play. Maybe I'm wrong and someone can enlighten me.
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01-16-2011, 10:34 PM
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#15
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
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Quote:
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Originally Posted by cj
There is no strategy I've ever heard of that has a positive expectation in roulette. The way to be the best player is to never play. Maybe I'm wrong and someone can enlighten me.
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he sent 2 guys to atlantic city to scout the roulete wheels at the golden nugget to figure out the bias to the wheel when steve wynn called on a sunday night to see how the place was doing, they told him that they were doing great except for a roulette player. he asked who the player was and was told it was b. walters. he immediately had the roulette wheels closed. he had them taken out with 2 wheelers to be inspected and could not find anything to them except for the bias to spin certain numbers.
walters had walked into the hotel on a friday night and never checked into his suite. he went directly to the roulette wheel and only left to go to the bathroom until the wheel got closed down. wynn paid him and barred him from every casino that he owned at the time.
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