PDA

View Full Version : Money A Life On The Line-The story of legendary gambler Billy Walters


scho63
02-07-2015, 01:10 PM
I found this to be one of the coolest gambling articles I've read in a long time.

It is was too long to post here, so just a snippet from ESPN.

Talks about his connection to Phil Mickelson and Carl Icahn, how he has kept out of jail, the way he bets, his incredible success.

Just an awesome story, well worth reading :thumb:

http://espn.go.com/espn/feature/story/_/id/12280555/how-billy-walters-became-sports-most-successful-controversial-bettor

ON A MID-SEPTEMBER night, Ezekiel Rubalcada swaggers through the doors of Las Vegas' M Resort Spa Casino. He moves to the half-moon-shaped bar overlooking the sportsbook, catching up with old friends. He exchanges high-fives and playful F-bombs with a couple of bartenders, then makes a raunchy pass at a brunette waitress who escapes in a near sprint.


For 38-year-old Rubalcada, being at the M is a pleasing trip down memory lane, a visit to his primary workplace throughout 2010 and 2011. Back then, he had nearly $1 million in his account at the M. Dressed in slacks and a sport coat, he would saunter in and bet six figures a week on NFL and college games. He was, M Resort staffers say, one of the sportsbook's "bigger guys" -- a high roller who could afford to bet very, very big.

But he wasn't that at all.

In fact, Rubalcada was a faceless grunt in the most successful gambling enterprise of all time. The divorced father of two says he was paid $1,200 a week by an outfit called ACME Group Trading to sip vodka tonics or Bud Lights until a man he'd never met called or texted him on his small Nokia phone. The voice would tell Rubalcada, known as Lubbock, how many thousands of dollars to place on which games -- immediately. But the ultimate orders came from the greatest and most controversial sports gambler ever: William T. "Billy" Walters.

For almost four decades, Walters, now 68, is thought to have bet more money more successfully than anyone in history, earning hundreds of millions of dollars. Federal and state investigators sniff around his operation regularly. Scores of bettors and bookies have tried to crack his methods so they can emulate him. Even Walters' employees, like Rubalcada, have tried to figure him out so they can win alongside him. Walters has outrun them all.

CONTINUED AT WEBSITE-TOO LONG TO POST