dimanche 29 mai 2011

Billy Walters

Billy Walters
"Do like Billy Walters and bet on yourself!"

Billy Walters is an excellent all-around professional gambler.  He started gambling at 5 years old and never stopped.  He is known as the greatest and richest sports bettor in the world.  Claiming a lifelong 57% winning percentage on his sports bets.  In 1986, Billy Walters won $3.8 million at the roulette exploiting the flaw of an old wheel at the Golden Nugget casino in Atlantic City.  Winning $3.5 million on 2010 Superbowl and $400 000 on a single golf hole.

But things wasn't always that perfect for Billy Walters.  Before making the big jump in Las Vegas to become a full-time pro gambler.  At 35 years old, Billy Walters was the typical pathological gambler/loser.  He was broke, owing money to several bookmakers, couldn't command any credit, into his third marriage, a ill son...  Despite being a very successful used-car dealer, making between $400 000 to $500 000 a year, he was penniless.  Gambling away all his profits.

No matter what regular job he got in the past, in his mind, he always been a professional gambler - pool, gin rummy, poker, blackjack, roulette, golf, horses, whatever...  But it all changed when in 1982, he moved to Vegas and focused all his efforts into being a professional gambler.  After being broke fifteen times, as he said, he started to focus, went on a 30-year winning streak as a sports bettor, and became a success story.

Thankx to his sports betting expertise, the once dirt poor boy from Kentucky now worth hundreds of millions of dollars.  He owns 7 homes around the world (one of his house worth $29 millions), 8 car dealerships, owns and operates 9 golf courses, shopping centers, commercial properties, a $20 million private jet, and a team of sports consultants and programmers who work for him in his gigantic office located in his Clark County area's grand estate.  And on a normal day, he can gamble an easy $2 million which is enough to move the line and change the odds. 

In a good year, he can rake $15 millions from gambling, which account for only 20% of his revenues.  So if $15 millions represents 20% of his yearly revenue.  We can conclude that he rake $75 millions a year, most of it via real estate.  Not bad for a degenarate gambler!

That's the American Dream!

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2 commentaires:

  1. oh yeah Billy is the king of gambling there, we all hope to become like him :(

  2. i think most people want the dream like billy walter but there one thing they can't do is risk it all.



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