Billy Walters on 60 Minutes Sunday (1/16/11)

zengrifter

zengrifter

Banned
Billy Walters will be featured on 60 Minutes this Sunday (1/16/11).
Here's a video preview >>

Las Vegas Professional Gambler Tells "60 Minutes"
He's Never Had a Losing Year

(CBS) Pro gambler Bill Walters bets tens of millions of dollars on sports each year, calling his losses "feathers" and his wins "chicken." So far, there's been chicken at the end of every year he has made a living on gambling in Las Vegas, a winning streak that's made odds makers call him the "most dangerous sports bettor."

MORE- http://www.cbsnews.com/videos/preview-billy-walters-big-bets/
 
zengrifter

zengrifter

Banned
See also >>

zengrifter said:
Billy Walters and the Story of the Computer Group

By Ian Thomsen

The Arrests

He was in the bed sleeping when the two men walked into his bedroom. Billy Walters sleeps in a big clean bed in Las Vegas, in a small but elaborate home renovated to his liking, with palm trees and white flowerpots and two satellite dishes in the yard, and four large televisions in the den, and a security guard who sits just out of sight behind the shrubs across the street. This environment was disrupted early last Jan. 5, when the two strangers introduced themselves to Billy Walters with all the subtlety of an alarm clock. He greeted them by sitting up in the bed, blinking. His wife wasn't in the bed with him. They already had her, probably.

"You're going to have to get dressed," one man said. Billy Walters reached down for the pile of wrinkled clothes he had worn the night before. The room was quiet. The men watched him dress.

"We don't like to have to do this to you," the other man said.

His wife Susan was downstairs with a third man in the kitchen. There was not a lot of chit-chat. Susan and Billy Walters were led across their fine, trimmed yard in handcuffs. The path to law and order wended past a copy of the daily newspaper, which lay on their driveway like an upturned headstone. As Billy Walters glanced down at the headline, he realized that he was the front-page news:

INDICTMENTS TARGET BETTING GROUP IN LAS VEGAS

As he tells it, what steams Billy Walters most of all was the sight later that day of his pretty wife in leg irons, chains scraping the floor as she staggered toward him. Afterward, when they had been released without bail, she revealed how the manacles had eaten through her stockings.

MORE- http://pregame.com/forums/blogs/johnny-detroit/archive/2008/02/22/billy-walters-and-the-story-of-the-computer-group.aspx
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zengrifter

zengrifter

Banned
zengrifter said:
Billy Walters will be featured on 60 Minutes this Sunday (1/16/11).
Here's a video preview >>

Las Vegas Professional Gambler Tells "60 Minutes"
He's Never Had a Losing Year

(CBS) Pro gambler Bill Walters bets tens of millions of dollars on sports each year, calling his losses "feathers" and his wins "chicken." So far, there's been chicken at the end of every year he has made a living on gambling in Las Vegas, a winning streak that's made odds makers call him the "most dangerous sports bettor."

MORE- http://www.cbsnews.com/videos/preview-billy-walters-big-bets/
Click to expand...
Okay here is the Billy Walters 60 Minutes segment >>
http://www.cbsnews.com/videos/sports-betting-billy-walters/
 
T

The Chaperone

Well-Known Member
zengrifter said:
The segment mentioned that Walters has "anonymous partners waiting to make sportsbook bets?"
Isn't that in criminal violation of the Nevada Messenger Betting Law? zg
Click to expand...
It's legal as long as they are getting a piece of the action. Otherwise every father and son combo that bets together during Super Bowl weekend or March Madness would be committing a felony. Wouldn't make sense.
 
zengrifter

zengrifter

Banned
"One of my favorite Walters stories is the time he scored an uncanny, and statistically improbable, winning record at roulette at the Golden Nugget. Casino bosses were sure he had to be cheating. So they had the wheel analyzed by engineers, who found nothing wrong with it. And the legend of Billy Walters grew."

From today's Editorial - John L. Smith | LVRJ -
Walters was a founding member of the infamous and feared "Computer Group," the breakthrough collective of gamblers, handicappers and investors who processed the day's sports schedule at such a high level they consistently produced better odds than those on the wall of your local sports book. The Computer Group banked millions, and the bookies took a beating. The Computer Group spawned a generation of imitators, some of whom pounded the sports books to pieces.

But the FBI and Metro were watching, and indictments followed. A trial came later, and Computer Group lawyers mopped the floor with the feds. The FBI and U.S. attorney's office were so embarrassed they put gambling cases on the back burner of their list of prosecutorial priorities.

Walters & Co. seemed to have the opposite effect on Nevada gaming regulation. The sports book industry was so routed it sought protection against Walters from the Gaming Control Board. That led to big rule changes, but Walters managed to adjust.

MORE- http://www.reviewjournal.com/john-l-smith/billy-walters-gets-best-it-60-minutes?ref=169​
 
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