My guess is yes, and my guess is that it was on Butler.
Can anyone confirm this as being correct or incorrect?
Thanks,
fh
MonkeyF0cker
SBR Posting Legend
06-12-07
12144
#2
Not sure offhand, but I can find out for you this afternoon.
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BeatTheJerk
BARRELED IN @ SBR!
08-19-07
31794
#3
Adam Meyer had Butler +6.5. He faded the Shrink and cashed big. Good for him ..............
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Fishhead
SBR Aristocracy
08-11-05
40179
#4
Originally posted by MonkeyF0cker
Not sure offhand, but I can find out for you this afternoon.
THX
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SlickFazzer
SBR Posting Legend
05-22-08
20209
#5
does Walters' team bet baseball?
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Dank_Fire
SBR MVP
05-13-09
2274
#6
Originally posted by SlickFazzer
does Walters' team bet baseball?
I herd no. He is playing golf during Summer
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MonkeyF0cker
SBR Posting Legend
06-12-07
12144
#7
Originally posted by SlickFazzer
does Walters' team bet baseball?
No. Football and (men's) basketball only.
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3PtShooter
SBR MVP
04-13-08
3936
#8
Think I read somewhere he was on Duke,,,,will try to find it
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raydog
SBR Hall of Famer
11-07-07
6984
#9
the shrink would never fade a walters sydicate play, so you can almost be guaranteed that his 500k airbet was following billy on duke
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jjgold
SBR Aristocracy
07-20-05
388179
#10
Originally posted by raydog
the shrink would never fade a walters sydicate play, so you can almost be guaranteed that his 500k airbet was following billy on duke
All I know Shrink had 500k on Duke, he was a dumb bettor also and easily conned.
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Scorpion
SBR Hall of Famer
09-04-05
7797
#11
Originally posted by the shrink
for those of you who respect billy walters (and i do), you might be interested in this tidbit...
I was informed that billy walters bet 2 million dollars on the colts -4 at the bellagio...
Supposedly, he had phil ivey place the wager for him...
The shrink
I heard Billy Walters bet 2 Million Dollars on The Super Bowl
Posted By THE SHRINK 02-04-10, 09:00 am
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Fishhead
SBR Aristocracy
08-11-05
40179
#12
Originally posted by Scorpion
I heard Billy Walters bet 2 Million Dollars on The Super Bowl Posted By THE SHRINK 02-04-10, 09:00 am
So Shrink(and Billy Walters) lost both the SUPERBOWL and the NCAA CBB FINAL...................gawd almighty.
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SlickFazzer
SBR Posting Legend
05-22-08
20209
#13
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Scorpion
SBR Hall of Famer
09-04-05
7797
#14
Originally posted by THE SHRINK
Billy Walters Loses Millions On Chargers Game
written January 19, 2010 by Kenneth Weitzner
Greed Kills. We all know that as sports bettors. Even the best can sometimes "get a bugaboo" up their derriere and wager much more than normal on a particular sporting event. Such was the case this past Sunday.
Wise guys like Billy Walters are the most feared gamblers in our industry. No one commands as much respect as this icon. He came to Las Vegas penniless, but has risen to the top of the sports betting chain. Very few bookmakers will take bets directly from this man. I have seen BW put many operators out of business firsthand when I worked for him.
Sunday was no ordinary day for this exceptionally gifted man. I believe he had accomplished what he had set up to do all week long. With a plethora of people assisting him, Billy Walters worked hard to make sure the Chargers were only a 7 point favorite over the Jets on Saturday. The line had opened 9 in some spots.
Then, his beards were ordered to "pound" the Chargers. It works something like this in order to get down the most money possible.
First, you bet them on parlays. Normally, bookmakers will not move a line on a parlay because the result is dependent on two or more different outcomes. So which of the them would you move? The answer for most is none of them.
Personally, I used to be involved betting round robin parlays for Mr. Walters. I would actually parlay 3 games in order to get down more money for him. I would parlay team "A" with Team "B", then team "B" with team "C," and finally team "A" with team "C." None of the lines would ever move.
After parlaying the Chargers, the next sequence that is used to get maximum volume before the line moves is to bet "teasers." There are numerous types offered, but the most common one used by BW and other wise guys is the two team 6 pointer. For those who may not be familiar with this, bookmakers allow you to add or subtract 6 points on two different games. You lay the customary 11-10 juice, but you must win both bets in order to collect. Sometimes a tie on one game along with a win will count as a push.
In this case, Billy had his army of beards wager 6 point teasers with the Chargers being brought down to 1 with a variety of other NFL Playoff games. For example, I believe he took the Saints down to 1 (they were 7 point favorites over the Cardinals), along with the Chargers minus 1.
Everything looked fine for BW after the Saints throttled Arizona on Saturday. His teasers were still alive and the line on the San Diego game was still at 7, even though he probably already had millions of dollars placed on them.
The next sequence of events used by wise guys to get more volume down without altering the pointspread is to bet your team on the money line.
Billy Walters did exactly that. He ordered an all out blitz (pun intended) on the Chargers and laid as much as 4:1 in some places before the assault was haulted.
Lastly, unless you live in a vacuum, you would have observed that the line on the San Diego Chargers was at 7 on Saturday and even early Sunday before it closed at 9 just before kick off late Sunday afternoon.
In order to move an NFL playoff game a full two points off of 7 on the day of the game takes an extraordinary amount of money. Since BW knew the public would also be betting on the Chargers, I believe he ordered his beards to wager "all they could" early Sunday morning. I suspect he laid 7 and he also laid 7 minus 20 before the bookmakers had finished drinking their first cup of coffee.
The public followed soon after and laid the worst of it as is often the case (8 and even 9).
When the Jets were only down by 7 at halftime, I wonder if Billy knew he was on the wrong side. As a casual observer, I felt the Jets were fortunate to be down by only a touchdown. And we all know what often happens when a big favorite allows an underdog to hang around long enough.
The Jets were the "right" side in the second half, and I can only imagine what Billy Walters felt like knowing he was about to lose one of his biggest wagers ever.
Was BW showing discipline or was he being greedy with his methodology of getting down so much volume on an NFL playoff game?
I believe only Mr. Walters knows that answer.
Billy Walters Loses Millions On Chargers Game
Posted By THE SHRINK 01-19-10, 08:53 am