computer gang ( or kids?) in the 80s

[hhsilver]

I heard something about a group in the 70s and early 80s, before there were PCs and before computers were widely used, led by a computer wizard who was able to come up with lines better at predicting outcomes than the bookie lines. I was told they won enormous amounts of money in both Vegas and throughout the country.

Does anyone know about them. Is what I heard true? Whatever happened. Did the books catch up as computer usage became more widespread? Or is what I heard an urban legend or exaggeration?

[Dark Horse]

The Computer Group. Legendary stuff.

I'll start with the easy one.

Billy Walters now owns golf courses, and still bets big.

http://www.waltersgolf.com/about-walters-golf.asp

Best introduction is an interview with him in Gambling Wizards, and the Smart Money is really about him.

Another former member of the Computer Group is closely involved with Pinnacle. Someone else know more about him?

[jjgold]

Now today the same guys would go broke, they won because no one moved lines much then , tech on the books end was way behind, now the book is way ahead of the player.

[Bill Dozer]

Now today the same guys would go broke, they won because no one moved lines much then , tech on the books end was way behind, now the book is way ahead of the player.

Billy is still winning. The other guys who bet the lines that never moved are now moving the lines.

[Willie Bee]

There was a pretty interesting show on The History Channel or one of those channels not that long ago. Some good stuff.

[Scorpion]

http://www.winneronline.com/articles/april2004/the-gang-that-beat-las-vegas.htm

http://www.winneronline.com/articles/april2004/the-gang-that-beat-las-vegas-part2.htm

http://www.winneronline.com/articles/may2004/the-gang-that-beat-las-vegas-part3.htm

http://www.winneronline.com/articles/may2004/the-gang-that-beat-las-vegas-part4.htm

http://www.winneronline.com/articles/june2004/the-gang-that-beat-las-vegas-part5.htm

http://www.winneronline.com/articles/june2004/the-gang-that-beat-las-vegas-part6.htm

[Scorpion]

Shrink knows Billy

[Omnivorous Frog]

Everyone who worked during those days knew Billy, and or his moves, fakes and gigantic computer group moves. When that pager went off it caused a stampede to the windows. Depending how far the food chain you were is when the order came. Then the reversals caused panic selling, or other side buying sometimes for 2X to 3X the original order. The actual computer boys was really just one computer programmer who got hooked up with the doctor. Soon the doctor got overloaded and got Billy in since he was floundering after bailing on his used car gig. Right guy, right place at the right time. Now I could not even wash his balls.

[Scorpion]

http://www.offshorebettor.com/images/COMPUTER.htm

[datadriven]

so who is the Pinny facor? the Dr.?

[jjgold]

I bet Billy does not even bet anymore

Everyone talks like they know this guy personally

The characters on these baords is unreal.

[Omnivorous Frog]

The only person I ever heard even close to say he knew him was Shrink. He was highly visible but not to us peons. I would say 95% of the people on these boards were not even in the business when he worked his magic. Reminds me of that EF Hutton advert. When Billy talked, people listened. Or barked, yelled or screamed. To be in a sportsbook and have everyone's pagers going off at once, it only came from one source. Remember one thing, the government came after him and friends and they walked. When has that happened as of late?

[rolemand]

http://www.offshorebettor.com/images/COMPUTER.htm

Great article but the spelling is atrocious. Who edits these things anyways????

[jjgold]

Shrink did not know him, he is one of the biggest internet liars of all times. He knows shit, says he gets Walters plays, all he does is do coke day and night.

[Scorpion]

jj
did shrink pay the money he owes you? $400 i think

[jjgold]

No, he stiffed me

A forum owner to say the least, I guess he needed it.

[Omnivorous Frog]

I had wars with The Shrink for years jj, way worse than yours. However, I do believe he worked layoffs with Billy. And he knew some things that only someone who knew him personally would know. All I know is he kept his word to me, and is a good business man most of the time. What has the RX done since he left?

As far as the snow, I was under the impression he preferred Diet Pepsi over Coke.

[JELLYBEAN]

The DR.is not involved with pinny. He is However part of another book the starts with "C" and it is not CRIS. The one's behind pinny are somewhere else in that story

[hhsilver]

The DR.is not involved with pinny. He is However part of another book the starts with "C" and it is not CRIS. The one's behind pinny are somewhere else in that story

Thanks for all the responses and the links.

I'm wondering if anyone knows what happened to Mike ****, the genius who made so many others rich. Could he be involved with pinny. Maybe he even started pinny. It is [was-USA , sad to say ] so superior that such a creative brain may have been there at the start. Or maybe Mike is our Ganchrow. Have they ever been see together ???
The story is fascinating. I'm so impressed with what he accomplished.

Do you think the books/casinos were behind their arrests?

[Dark Horse]

so who is the Pinny facor? the Dr.?

Ask SBR John. If he's at liberty to say.

[datadriven]

It's Michael Konik isn't it?

[TheOffshoreGambler]

I always enjoy reading the story of the computer group. Interesting read. Would love to meet some of those guys in person.

[stuckinvegas]

JJ you don't know shit about these people. THEY are the ones that moved the lines. How is a book supposed to move a line when they didn't know what the group was betting?

Did you ever see the Shrink do coke? If you did you must have been doing it with him.

[Omnivorous Frog]

JJ stayed at a Holiday Inn Express last night, so he knows them all. I think as soon as the word lines was mentioned jj suffered a flashback, grabbed the mirror and hallucinated The Shrink snorting along side him giving him 4 bills for another bag.

[Justin7]

There are actually 2 guys from the computer group involved with Pinnacle. One of them is discussed at length in "Gambling Wizards", which is a very entertaining book.

[Dark Horse]

Has to be Stan *******.

[aircoryell]

Jimmy 'Sneakers', commonly referred to as "Henry", is the former computer group member who owns/operates Pinnacle

take it to the bank.