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Phil Mickelson Gambled $1 Billion and Tried to Bet on Ryder Cup While on Team, According to Book
Sports Illustrated ^ | 08/10/23 | Sports Illustrated

Posted on 08/11/2023 3:44:32 AM PDT by srmanuel

For those of you interested in gambling, specifically sports gambling, this book is written by Billy Walters alleged to be the greatest sports gambler of all time, he was engaged in a sports gambling partnership with Phil Mickelson for a number of years. Billy Walters and Phil Mickelson got into trouble over allegations of insider trading, Mickelson according to Walters threw him under the bus, Walters ended up in prison and Mickelson walked away. If you have ever been interested in sprots gambling which I am then listening to interviews with Billy Walters are fascinating.

(Excerpt) Read more at si.com ...


TOPICS: Sports
KEYWORDS: gambling; golf; mickelson; phil; philmickelson
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1 posted on 08/11/2023 3:44:32 AM PDT by srmanuel
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To: srmanuel

Phil Mickelson must have been the face to agroup of gamblers if he could afford to lose a billion.


2 posted on 08/11/2023 3:48:06 AM PDT by Jonty30 (If liberals were truth tellers, they'd call themselves literals. )
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To: srmanuel

Here is the most recent interview with Billy Walters conducted by Brent Musberger, Walters over the years has been somewhat of a recluse this is one of the few interviews he’s ever conducted, it’s fascinating, if you are interested in the mind of a professional gambler, one who has made millions on sports gambling, I had no idea of the work he put in over the years seeking an edge and obviously he did it very well.

https://www.youtube.com/watch?v=u58VrAk0dTI


3 posted on 08/11/2023 3:48:36 AM PDT by srmanuel ( )
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To: Jonty30

He didn’t lose a billion, that is the sum he wagered over the years, Walters claims Mickelson lost over 100 million of the 1 billion he wagered.

100 million is a lot of money but Mickelson could probably afford it.


4 posted on 08/11/2023 3:50:00 AM PDT by srmanuel ( )
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To: srmanuel

LIV contract alone was $200 million.

Sports, especially skilled based sports, are full of OCD like people.


5 posted on 08/11/2023 3:53:04 AM PDT by EEGator
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To: srmanuel

I’ve heard it mentioned a time or two about Phil Mickelson’s penchant for gambling. Had no idea this was a very expensive and self-admitted addiction.


6 posted on 08/11/2023 3:53:09 AM PDT by NautiNurse (🇺🇸 Selling out the U.S.A.: The Briben Brand™)
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To: srmanuel

Gambling is ruining sports.

People are going to start finding out that almost every game in any sport is fixed to some degree.


7 posted on 08/11/2023 4:04:28 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: NautiNurse

Lot of rumors about Michael Jordan and why he had to “retire” from the NBA for a few years.


8 posted on 08/11/2023 4:05:20 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

Just like our elections.


9 posted on 08/11/2023 4:06:14 AM PDT by Leep (What skill or service did the biden family have that netted them tens of millions of dollars?)
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To: Leep

Indeed.


10 posted on 08/11/2023 4:06:39 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

Considering how his eyes looked in “The Last Dance”, I’d say he has/had more than one issue.


11 posted on 08/11/2023 4:09:01 AM PDT by EEGator
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To: dfwgator

You’d think that the Super Bowl 47 fiasco would have awakened quite a few sports fans.
But, their team won and a famous name went out in the glory of winning an SB!
Never mind that Guido and Luigi were in from Vegas...


12 posted on 08/11/2023 4:21:58 AM PDT by Cletus.D.Yokel (Cracker...)
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To: dfwgator

The only reason why sports have gone professional is because of gambling. If gambling disappeared, so would professional sports.

Not that isn’t a bad thing. I’ve always been of the opinion that sports were meant to be played for fun and not because you can become a billionaire from it.


13 posted on 08/11/2023 4:23:19 AM PDT by Jonty30 (If liberals were truth tellers, they'd call themselves literals. )
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To: dfwgator
Went to school with MJ. Recall vividly when his father was murdered by a couple of kids who, coincidentally, had posters of MJ on their bedroom walls. The two boys were horrified to learn they had killed MJ's pop. Of all the gin joints in all the world, they chose to murder their idol's father at an interstate highway rest area.

Heard MJ had issues getting top dollar for his Chicago estate because it was too customized with MJ self-adoration decor. Two very wealthy and influential liberals: MJ and Dean Smith (RIP).

14 posted on 08/11/2023 4:40:46 AM PDT by NautiNurse (🇺🇸 Selling out the U.S.A.: The Briben Brand™)
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To: EEGator

I’m fascinated by people like Billy Walters, he has self-taught brilliance, he’s basically a savant with numbers and handicapping sports but puts incredible time and effort into gathering every conceivable piece of information about every game he bets on, it’s pretty remarkable.

Here’s one of his rare interviews with Lara Logan when she was with 60 minutes, outwardly he seems like a very personable and engaging person, who is brilliant and puts in the work and basically outworks most people and can tolerate a lot of risk.

https://www.youtube.com/watch?v=02DVW4iuziA


15 posted on 08/11/2023 4:53:36 AM PDT by srmanuel ( )
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To: dfwgator

The USA is one of the very few countries that doesn’t allow gambling everywhere, in the UK they’re betting parlors everywhere, you can bet on anything imaginable.

Legal Gambling removes whatever cheating or game fixing that might exist to large degree, if something is up with a game in terms of fixing it, the people who usually report it are legal bookies.

Bookies are not overly concerned about the outcome of games, it’s the balancing of the wagers they take that allows them to make fortune, if you could make 10% of everything you did, it would not take long to become insanely wealthy, which is what bookies make.

The last thing legal bookies want is the game to considered fixed, it would quickly ruin their business and bankrupt them in the process.

The more legal gambling that is done, the less likely game fixing becomes.


16 posted on 08/11/2023 5:01:42 AM PDT by srmanuel
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To: Leep

Sports both Professional and College are more honest by a large margin than our election system.

Legal Gambling removes much of the rigging of sports that might exist, the last thing legal casinos and sports books want is to be accused of running a dirty operation, it would quickly ruin their business.

For the most part they self police the business, exposing any attempt to fix the outcome of a game.

The more legal gambling that happens, the less likely it is for games to be fixed.


17 posted on 08/11/2023 5:07:17 AM PDT by srmanuel
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To: srmanuel

Many of the recent suspensions for gambling among NFL players were made because the players were using WiFi in the team facility to place bets.

The NFL has more or less turned themselves over to gambling. There are betting windows inside many stadiums. Advertising everywhere for FanDuel and others.

It’s just a matter of time before the NFL has a major gambling scandal and it could very well finish the league.


18 posted on 08/11/2023 5:15:40 AM PDT by IamConservative (I was nervous like the third chimp in line for the Ark after the rain started.)
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To: srmanuel

Slow news day at Sports Illustrated I see.


19 posted on 08/11/2023 5:17:53 AM PDT by Nifty
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To: IamConservative
The players themselves aren’t even the biggest concern for gambling. I’d be more certain that they are fixing a game for the benefit of friends and family members who are the ones placing the actual bets.

The same goes for game officials.

20 posted on 08/11/2023 5:23:02 AM PDT by Alberta's Child (“Freedom is just another word for nothing left to lose.”)
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