Billy Walters on 60 minutes again

[daneblazer]

live est now

[VegasInsider]

Thanks. I'll def have to check it out. I enjoyed the last segment they did on him.

[vcj16]

rerun

[beanbag]

thanks gonna check it out.. pretty interesting guy..

[jjgold]

garbage

He made most of his money illegally

[valaub04]

did he give out a free winner on Sox/Rays? :-)

[Maxmillion]

garbage He made most of his money illegally

in what way i am curious

[obamaismyuncle]

did he give out a free winner on Sox/Rays? :-)

never follow one of walters plays. seriously. most of this clowns money came from bookmaking and organized crime.

[Brock Landers]

good piece

[jjgold]

Booking

[opie1988]

Booking

....and real estate, auto dealerships, and developments. He owns several Hyundai and Kia dealerships (Honest to God), and numerous golf courses (including the one I live on.) Billy is actually one of my partners, along with 4 others, on 2 upscale developments here in east Texas.

No, I've never met him. He's never been here, and would most likely have no idea who I am.

[ttwarrior1]

he probaly just logs into sbr and fades brock and jj, etc

[wantitall4moi]

dont let the fools over at EOG here you talk about him. Hell Shrink threatened to give my IP address so Walters could sue me for libel. LOL, too bad everything I said was 100% true. But regardless they think the guy walks on water over there.

The guy has a legendary name and people think it sounds cool to be connected to it. I am surpirsed Doyle brunson isnt thrown about more, maybe because he actually is still in the spotlight in terms of gambling. While Walters was never ever in it. But that just helps lend to the mystery. because he is too 'smart' to get caught up. Truth is somewhere in the middle to be sure.

But people think this guy cant make a losing bet and everything he plays is as good as gold. he made money just like anyone else with brains did back then. he used his money (well money he got from less than legal ventures) to make moves and cause his own money to makemoney for him.

Shit I remember being able to bet 8-10K on a baseball game and watch a guy erase the odds and move the line 15 cents before I left the window. Giving you a nickle scalp right there, sometimes more if they were lopsided before you made it. Then pf cuorse you could wait to see if it moved again later and pick up another 3 to 5 cents. Which is pretty much what those guys did as well. when you can arbitrage a million or more a day that is basically a license to print money. And during baseball thats a 9 monthbusiness of free money rolling in. And it isnt exactly gambling when you know that the worst you can do is buy back for the same price you bought and at least break even.

[jjgold]

80% of Walters income had nothing to do with betting sports
He is a hamburger afraid to make a bet
Is scalps and middles...no risk that is why he does not lose

[Reload]

did he give out a free winner on Sox/Rays? :-)

If he did, I'm sure all of his cash would be lined up to pound the other side

[imaboss]

any other places to find information on this guy

[daneblazer]

80% of Walters income had nothing to do with betting sports
He is a hamburger afraid to make a bet
Is scalps and middles...no risk that is why he does not lose

Making enough for 4 planes and 11 houses. Wouldnt that make one a shark?

[tony_come]

We got some smart ppl here on sbrforum

but useless

[Johnnythunder]

Pretty good piece....recall seeing it early this year

[thekid667]

Hes a rich bum.

[beermankirk]

Is he still winning at the Donkey Kong? Billy's hot sauce and sports betting!

[Call82]

No matter what, he found a way to make money big time, no need to bash...

[hhsilver]

was this a repeat of the one from less than a year ago??

[patswin]

was it a new one or a repeat?

[Philphan]

Not really sure how much of this is true but I guess it shows you can win long term with a big bankroll

[jjgold]

This story has been played out for the last 15 years

He is a hamburger

[seaborneq]

What's the big deal of betting both sides of a line? Should not have been included in the piece.

[MadTiger]

He admitted to manipulating the lines by his betting. Faking one way, people betting, and then coming back on the true play hard as hell, getting more points in his favor.

[seaborneq]

He admitted to manipulating the lines by his betting. Faking one way, people betting, and then coming back on the true play hard as hell, getting more points in his favor.

Don't you have to bet more money? That is still a hedge isn't it. No different that what the regular guy does to guarantee a profit. I didn't think it was a big deal.

[Cap dat 4ss]

He admitted to manipulating the lines by his betting. Faking one way, people betting, and then coming back on the true play hard as hell, getting more points in his favor.

screen shots or never happened. Just luke cannuk and rod

[wantitall4moi]

The thing is he cant do now what he used to do then. Some people give him credit for it, but it was a bunch of guys doing the same thing.

Back when you could actually bet money on a sporting event the number would change because of it. nowadays books move on air and have such ridiculous limits you would have to make about 20 bets to even start thinking about effecting a line. Thats why sportsbetting isnt a real good way to make money these days. And why he got out of it and went into other stuff. That and it takes a lot of money to make little money doing it the way he did.

Either way it is good to see this sort of stuff being rerun over and over again. good propaganda for a struggling Vegas to get more get rich quick degenerates in there.

[BrentCrude]

He's like Biff on Back to the future,something doesn't add up?Is he a government plant?Maybe laundering $$$$$$$,contra type arms dealer?He reminds me of a cross between Jerry Jones and Ken Stabler.

[Mammon]

Many haters in this thread.