Billy Walters – A True Story About Gambling Success
Gambling is often considered a distinctive part of past and modern-day history. Throughout the years, many have tried to improve their skills and become better gamblers. Gambling is a segment in which many have tried to succeed, and many like Billy Walters have managed to do so. However, the gambling history knows only a few persons who have become extremely popular and have been considered figures who had a huge impact on gambling as a whole.
In this article, we would like to introduce you to Billy Walters – one of the most recognisable gamblers and businessmen. He had a rich gambling history and years of experience in sports betting, specifically. His talent has helped him become extremely wealthy. But apart from being the most successful sports bettor, he is also appreciated for being a philanthropist and a successful businessman.
Read this article to learn more about Billy Walters professional gambler career and how he managed to become one of the most popular figures in sports betting.
Who is Billy Walters – Short Biography
Billy Walters was born on July 15, 1946. His childhood was not that good from a family perspective. His father died when Walters was 18 months old. Later, his mother gave up raising him and his sisters, leaving the responsibilities to her mother. Billy Walters was raised by his grandmother in Munfordville, Kentucky. Walters grew up there in poverty.
Billy Walters’ grandmother used to work two jobs to earn money to raise him and his sisters. The house that they used to live in had no running water and indoor plumbing. When Walters was 7 years old, his grandmother helped him get a loan of $40 to buy a power loan mower to start working as a grass cutter. Later, when he was 9 years old, he got another loan of $90 which helped him start a paper route.
| ✔️ Full Name | William T. Walters |
| 📅 Date of Birth | July 15, 1946 |
| 🏘️ Place of Birth | Munfordville, Kentucky |
| 🧒 Children | 3 |
| 💲 Net Worth | $200 Million |
| 💰 Biggest Gambling Win | $3.5 Million |
| 📈 Business | Car Dealership, Golf Courses, Real Estate |
Unfortunately, when Walter was 13 years old, his grandmother passed away. Then, he was forced to move to Louisville, KY. This was a new chapter in his early life because he had to start living with his mother. Back then, Billy Walters had to work two jobs. He used to work in a bakery in the morning from 4:30 a.m. to 7:30 a.m before school. Then, after school, he worked at a gas station in the evenings from 3:00 p.m. to 11:00 p.m.
He used to pay a rent of $10 for a room in his mother’s basement, where he used to live. Before he graduated high school, he was already married and had a child. Unfortunately, his marriage did not last long. His early childhood, though, helped him become a stronger person striving for a better life. But the Billy Walters sports betting enthusiasm was what would help him later.
Billy Walters Career in Gambling
Without a doubt, the early life of Billy Walters was not very good. What he has always been associated with is his gambling career. Billy Walters gambler activities first started when he was at the age of nine. Maybe the harsh life that he had forced him to try to earn extra money by betting.
Back then, he wagered with the money he earned from the paper route. He wagered on the New York Yankees to win over the Brooklyn Dodgers in the 1955 World Series. The Dodgers won, and Walters lost the bet together with his money. But this did not stop him, and he continued betting.
Billy Walters gambler career did not start well. In fact, until 1982, he was a losing gambler with over $50,000 behind his back lost in bets. And he was barely 22 years old. An interesting fact is that in a game of pitching nickels, Walter bet his house and lost it. But then, instead of taking his house, the winner agreed that Walters would pay his debt in 18 months.
Billy Walters professional gambling success started to shine out a bit later during his mid to late 30s. This was before the era of Billy Walters sports betting career. In 1986 a freeze-out with Caesars Atlantic City hotel-casino for $2 million at the roulette tables was requested by Walters.
But as Walters was known to have lost around $1 million twice at Las Vegas blackjack tables, Caesars Atlantic City rejected his request. Many casino enthusiasts are now also trying to play with high stakes at the best real money roulette casino sites.
But this did not discourage Walters who was there for the win. Then, Walters delivered his proposition to another big gambling establishment – the Atlantic Club Casino Hotel, and it accepted it. Back then, the best roulette sites were still a mirage, and land-based casinos were the place to experience gambling thrills.
Then, Walters and his partner in gambling deposited $2 million at the casino. They played roulette for over 38 hours. The outcome was them winning a record amount of $3,800,000. This was way more than the latest record of Richard W. Jarecki winning $1,280,000 at San Remo Casino in Monte Carlo in 1971.
But yet another interesting fact about the Billy Walters gambler career is that in 1986 he also won a huge prize of $175,000 after he participated in the Super Bowl of Poker. Many players nowadays are dreaming of winning such rewards while playing at the best online casinos.
Billy Walters Sports Betting Streak
The beginning of the Billy Walters sports betting career dates back to the 1960s. He started learning how to use computer algorithms to analyse sports outcomes. For a long period of over 39 years of betting on sports, Walters registered a huge betting success. Here are the most preferred sports and events on which Billy Walters used to place bets.
- Basketball
- NFL
- College Football
- Super Bowl
He had only one losing year and a 30-year winning streak. Walters used to bet on various sports events such as basketball, NFL and even college football. Without a doubt, the Billy Walters biography is rich in betting ups and downs. But he was lucky enough to register lots of winning series throughout the years. Many other sports enthusiasts nowadays are betting at the best gambling sites, trying to be as successful as he was.
One of the betting achievements that added extra money to Billy Walters net worth was when he bet on New Orleans Saints to win the Super Bowl XLIV. Then he added $3.5 million to his bank account. And in 2007, Walters won another $2.2 million after he bet on the University of Southern California to win over the University of Michigan.
Billy Walters Success in Business
Apart from being a successful gambler and sports bettor, Billy Walters was also a successful businessman. Without a doubt, his harsh childhood has taught him how to earn money and how to praise his efforts. The different jobs that we worked as a child were the roots of his attitude toward hard work.
But the glamorous period of Billy Walters biography started in 1965 when he started a job as a car salesman at McMackin Auto Sales which was a used-car lot in Louisville. His attitude to business showed soon after. Every time he sold a car, he used to mail self-promotional letters to at least ten people living nearby his latest customer’s home.
Besides, he also used to check the car ads in the newspaper and tried to trade with the ads sellers. He used to make cold calls regularly. This approach helped him sell over 32 cars a month which granted him $56,000 a year. This was quite a big amount of yearly income for the 1960s.
Billy Walters was working hard 80 hours a week and was setting dealership records often. In 1967 he was hired by another dealership – Steven’s Brothers Auto Sales, where he worked for 5 years. Then, in 1972 he started his own business. His company was named Taylor Boulevard Auto Sales. Walters started to sell cars to the other car dealers in the southeast of the United States.
During his working career as a car salesman, Walters did not give up on betting. In 1981, he left the car sales business to become a full-time bettor. He even started his very own betting service which is another addition to the Billy Walters biography. This was another prominent moment in Billy Walters professional gambler career.
Billy Walters and His Influence in Gambling
Without a doubt, the Billy Walters biography has inspired lots of people throughout the years. He was one of the few prominent figures that have managed to engrave their names in gambling history. Billy Walters gambler success was possible thanks to his huge interest in betting and his business approach. His successful 30-year betting streak is one-of-a-kind and indicates the great talent that he had.
FAQ
In this article, we provided you with the most important details regarding Billy Walters and his amazing gambling career. But if you need to find out more details, you can check the section below. We have managed to provide you with brief answers to some of the most frequently asked questions about Billy Walters professional gambler career.
