Billy Walters contributed to a forum owners suicide?

**belvedere86** · 01-17-11, 11:19 AM

He can't be a nice guy. nice guys don't make money

**opie1988** · 01-17-11, 11:24 AM

Contrary to what was shown on 60 Minutes, most of what BW has isn't from his gambling. He's made the vast majority of his money from real estate deals. Many of which have been considered shady at the very least. You can read all about it online.

He's obviously a super sharp guy in many respects. You don't get what he has without being very intelligent....but he's no saint.

**pavyracer** · 01-17-11, 11:26 AM

Originally posted by SBR_John

Shrink was telling everyone that the Colts were a Billy Walters play. I remember making a post saying that all the sharps in Costa Rica were on the Saints and Walters was too. Shrink dismissed it which I remember thinking 'what is he doing?' Walters admits to manipulating people by giving them the opposite side of what he really wants to bet hoping the line will move and then blasting the other side. It happened again with Duke and Butler where Shrink claimed Duke was a Billy play. It wasn't.

When you "manipulate a line" what you really do is manipulate people. If you ever hear 'this is a Billy Walters play' you should probably run. Because if you bet it, you are likely betting against Billy Walters(not with him) and that could be at least hazardous to your fiances.

He may look like a great guy on 60 Minutes but as he himself said; "Look around the room, if you can't tell who is the mark, then you are the mark."

This is why I always cap and play my own games without knowing what Billy The Goat or whoever bet. I'd rather lose my money on my pick than someone elses.

**RealSlimShady** · 01-17-11, 11:27 AM

Trying to follow "Billy plays" was way too difficult and the Shrink spent too much time trying to do so, with mixed results over time.

**jjgold** · 01-17-11, 11:29 AM

Walters made majority of his money illegally

I say 70 % was from booking and organized crime

You cannot win that much money with 3000 max bets

He is a big fraud

**AribaAriba** · 01-17-11, 11:29 AM

Poor The Shrink, he is a perfect example of what gambling addiction can do to someone's life.

**THE PROFIT** · 01-17-11, 11:30 AM

Originally posted by SBR_John

Shrink was telling everyone that the Colts were a Billy Walters play. I remember making a post saying that all the sharps in Costa Rica were on the Saints and Walters was too. Shrink dismissed it which I remember thinking 'what is he doing?' Walters admits to manipulating people by giving them the opposite side of what he really wants to bet hoping the line will move and then blasting the other side. It happened again with Duke and Butler where Shrink claimed Duke was a Billy play. It wasn't.

When you "manipulate a line" what you really do is manipulate people. If you ever hear 'this is a Billy Walters play' you should probably run. Because if you bet it, you are likely betting against Billy Walters(not with him) and that could be at least hazardous to your fiances.

He may look like a great guy on 60 Minutes but as he himself said; "Look around the room, if you can't tell who is the mark, then you are the mark."

Most mormons don't gamble, so gamblers would probably just have one fiance.

**ProfaneReality** · 01-17-11, 11:36 AM

Shrink was guilty of the same thing, albeit on a smaller level.. so...all's fair in love and war.

**minet123** · 01-17-11, 11:37 AM

(Sorry Tony)The only thing that contributed to Ken and Jackie's demise was their own selfish self-contentedness
Permanent solutions do not solve temporary problems
and what they did is the most selfish thing you can do

**brad89** · 01-17-11, 01:36 PM

Originally posted by pavyracer

This is why I always cap and play my own games without knowing what Billy The Goat or whoever bet. I'd rather lose my money on my pick than someone elses.

**Fishhead** · 01-17-11, 01:39 PM

Interesting thread

**ttwarrior1** · 01-17-11, 01:41 PM

which sportsbook does he gamble at, all we have to do is look at there lines and see how they compare to some others, then pound the fucker

**Grux** · 01-17-11, 01:45 PM

Originally posted by SBR_John

Shrink was telling everyone that the Colts were a Billy Walters play. I remember making a post saying that all the sharps in Costa Rica were on the Saints and Walters was too. Shrink dismissed it which I remember thinking 'what is he doing?' Walters admits to manipulating people by giving them the opposite side of what he really wants to bet hoping the line will move and then blasting the other side. It happened again with Duke and Butler where Shrink claimed Duke was a Billy play. It wasn't.

When you "manipulate a line" what you really do is manipulate people. If you ever hear 'this is a Billy Walters play' you should probably run. Because if you bet it, you are likely betting against Billy Walters (not with him) and that could be at least hazardous to your finances.

He may look like a great guy on 60 Minutes but as he himself said; "Look around the room, if you can't tell who is the mark, then you are the mark."

I know someone who remembers you saying all the sharp money was on the Saints.

**MadTiger** · 01-17-11, 01:46 PM

Originally posted by opie1988

Contrary to what was shown on 60 Minutes, most of what BW has isn't from his gambling. He's made the vast majority of his money from real estate deals. Many of which have been considered shady at the very least. You can read all about it online. He's obviously a super sharp guy in many respects. You don't get what he has without being very intelligent....but he's no saint.

This. His ethics are very questionable. Even the stuff he admits to is enough to condemn him in many eyes.

You are only as good as your word.

**3PtShooter** · 01-17-11, 01:46 PM

Originally posted by Fishhead

Interesting thread

How True !! A MUST READ THREAD !!!

**wtf** · 01-17-11, 01:49 PM

Originally posted by minet123

(Sorry Tony)The only thing that contributed to Ken and Jackie's demise was their own selfish self-contentedness Permanent solutions do not solve temporary problems and what they did is the most selfish thing you can do

i dont know

greedy middle aged jews, go broke gambling

dont want to lose face-almost impossible to climb the mountain again

chose easy way out

**crustyme** · 01-17-11, 01:58 PM

the shrink shouldve saved some money for a real shrink.

**Bill Dozer** · 01-17-11, 02:01 PM

Originally posted by RealSlimShady

Trying to follow "Billy plays" was way too difficult and the Shrink spent too much time trying to do so, with mixed results over time.

Right, unless you are betting for him it was almost impossible to get his plays. The exception being if you played the bet right after at your local or at a small book who is slower to keep up with the market.

**Rio DiNero** · 01-17-11, 02:08 PM

Originally posted by SBR_John

Walters admits to manipulating people by giving them the opposite side of what he really wants to bet hoping the line will move and then blasting the other side. It happened again with Duke and Butler where Shrink claimed Duke was a Billy play. It wasn't.

When you "manipulate a line" what you really do is manipulate people. If you ever hear 'this is a Billy Walters play' you should probably run. Because if you bet it, you are likely betting against Billy Walters (not with him) and that could be at least hazardous to your finances.

He may look like a great guy on 60 Minutes but as he himself said; "Look around the room, if you can't tell who is the mark, then you are the mark."

Spot on! The only person that knows who Billy Walters is playing is BW himself. He is a hustler, swindler, and a con-man, but sharp as a knife.

**Dank_Fire** · 01-17-11, 02:12 PM

Originally posted by ttwarrior1

which sportsbook does he gamble at, all we have to do is look at there lines and see how they compare to some others, then pound the fucker

You will never learn.

**ttwarrior1** · 01-17-11, 03:17 PM

if he influences a line we can see what line changed and pound the opposite side like he is doing. As far as i'll never learn. Ive never made a real money bet over 20 bucks in my life, kid.

**rake922** · 01-17-11, 03:20 PM

Originally posted by SBR_John

Shrink was telling everyone that the Colts were a Billy Walters play. I remember making a post saying that all the sharps in Costa Rica were on the Saints and Walters was too. Shrink dismissed it which I remember thinking 'what is he doing?' Walters admits to manipulating people by giving them the opposite side of what he really wants to bet hoping the line will move and then blasting the other side. It happened again with Duke and Butler where Shrink claimed Duke was a Billy play. It wasn't.

When you "manipulate a line" what you really do is manipulate people. If you ever hear 'this is a Billy Walters play' you should probably run. Because if you bet it, you are likely betting against Billy Walters (not with him) and that could be at least hazardous to your finances.

He may look like a great guy on 60 Minutes but as he himself said; "Look around the room, if you can't tell who is the mark, then you are the mark."

The superbowl is one game out of thousands in a year a person can wager on. No need to bet so much that you have to contemplate killing yourself.... You need sound money management and can't be crippled or suicidal as the result of one bad game

**Dank_Fire** · 01-17-11, 03:33 PM

Originally posted by ttwarrior1

if he influences a line we can see what line changed and pound the opposite side like he is doing. As far as i'll never learn. Ive never made a real money bet over 20 bucks in my life, kid.

Lol. When he places bets the entire market moves offshore and vegas. Even without him placing a wager you will see discrepancies between books with lines and this doesn't mean anything.

**opie1988** · 01-17-11, 03:33 PM

Originally posted by ttwarrior1

if he influences a line we can see what line changed and pound the opposite side like he is doing. As far as i'll never learn. Ive never made a real money bet over 20 bucks in my life, kid.

Gee.....I wonder why nobody ever thought of this!!!

BW must be a real idiot. Please. You think he buys $20 million jets by being stupid? Use your head.

**MBENZ** · 01-17-11, 03:57 PM

Shrink started losing it in 08,from there it was all downhill.When he hired Mo dimentia had set in.Walters had little or nothing to do with his downfall.

**pavyracer** · 01-17-11, 04:01 PM

Originally posted by MBENZ

Shrink started losing it in 08,from there it was all downhill.When he hired Mo dimentia had set in.Walters had little or nothing to do with his downfall.

Someone else hired Mo so it can't be just dementia.

**SBR_John** · 01-17-11, 04:12 PM

Originally posted by pavyracer

Someone else hired Mo so it can't be just dementia.

**Grits n' Gravy** · 01-17-11, 04:14 PM

I know Billy a little through his daughter who runs his golf business and he knew exactly what he was doing when he fed info to Ken. He knew Ken's ego would put the info out for all to see and create opportunities for him to get an edge. Love him or hate him, Billy is a ruthless businessman who finds weakness and exploits it. Like a poster mentioned earlier, research his land deals in Vegas and you will get a much clearer picture of how he generates most of his wealth.

**nosniboR11** · 01-17-11, 04:17 PM

first off shrink killed himself , i dont care about anything else, he was the one that did it, no reason to ever look elsewhere

**dfberger23** · 01-17-11, 04:19 PM

What's the story on this shrink guy?

**mav2112** · 01-17-11, 04:37 PM

With some of the land deals I read about with his "friend" Las Vegas mayor Oscar Goodman............you would never have to win another bet in your life when you buy land from the city for pennies on the dollar and then sell it for millions.............

Just do the research...........when I read about some of the real estate deals I was wondering if this was the same Billy Walters..........

**Grits n' Gravy** · 01-17-11, 04:41 PM

Originally posted by mav2112

with some of the land deals i read about with his "friend" las vegas mayor oscar goodman............you would never have to win another bet in your life when you buy land from the city for pennies on the dollar and then sell it for millions.............

Just do the research...........when i read about some of the real estate deals i was wondering if this was the same billy walters..........

bingo!!!!

**MartinBlank** · 01-17-11, 05:06 PM

I'm still trying to wrap my head around "The Shrink" killing himself over a gambling loss.

Who was he into, and how much did he really lose?

**biff** · 01-17-11, 07:02 PM

Originally posted by MartinBlank

I'm still trying to wrap my head around "The Shrink" killing himself over a gambling loss. Who was he into, and how much did he really lose?

all i know he bet duke spread