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He married and had a child before graduating high school. The marriage was short-lived. In , Walters went to work as a salesman at McMackin Auto Sales, a used-car lot in Louisville. Each time he sold a car, he mailed a self-promotion letter to 10 people living on each side of that customer's home.

He would peruse the daily newspaper for car adverts, inviting the ads' sellers to do trades with him. He went through the phone book and cold-called people. Walters worked 80 hours a week selling cars and setting dealership records. In , he was hired as sales manager at Steven's Brothers Auto Sales, a competing dealership.

He worked at Stevens Brothers until , when he started his own business, Taylor Boulevard Auto Sales, wholesaling cars to other dealers throughout the southeastern United States.

During that time, Walters also remained involved in sports betting. In , he left the automobile industry to become a full-time sports bettor and bookmaker. In , he pleaded guilty to a misdemeanor charge of possession of gambling records in Kentucky.

He quit booking and the charge was later expunged from his record. It was then that he decided to move with his wife, Susan, to Las Vegas, where betting on sports was legal.

Walters started gambling when he was 9 years old, when he bet the money he earned from his paper route on the New York Yankees to beat the Brooklyn Dodgers in the World Series. The Dodgers won and Walters lost the bet, but it did not deter him from gambling.

Walters was a losing gambler as late as Walters once lost his house during a game of pitching pennies. The winner did not take possession; Walters agreed to pay off the debt over the next 18 months.

Walters's success changed in his mid to late 30s. Caesars, however, declined his request. Walters then took his proposition to the Atlantic Club Casino Hotel , then known as the Golden Nugget, which was accepted. The pair noticed a wheel bias and bet on the 7—10—20—27— Jarecki at the San Remo Casino in Monte Carlo in In the s, Walters joined the Computer Group, which used computer analysis to analyze sports outcomes.

Over a period of 39 years, Walters had only one losing year, with a year winning streak. Though he has finished with a loss for a few months, he was always in profit by the end of the year.

Walters bet on basketball, the NFL , and college football. In , Walters, along with Billy Baxter , "Roxy" Roxborough , and "Lefty" Rosenthal , was inducted into the Sports Betting Hall of Fame at the Circa Hotel and Casino in Las Vegas.

He commands respect from every prominent bookmaker in the world and is known for contributing as a philanthropist to many causes. In an interview with VSiN in February , Walters announced he was co-authoring a memoir with journalist and best-selling author Armen Keteyian.

The book, called Gambler: Secrets from a Life at Risk. It details Walters' life story and includes two chapters on his secrets and strategies to sports betting. Walters also goes into detail about his fractured friendship with Phil Mickelson and his belief that if the golfer had testified during the insider trading trial, Walters would not have been convicted.

The book became a New York Times best seller. In April , Walters was found guilty of insider trading after using non-public information from Thomas C. Davis, a board member of Dean Foods. Lawyer Daniel Goldman , then an assistant United States Attorney for the Southern District of New York , was part of the trial team.

Walters's source, company director Thomas C. Free Bets added to Free Bet Credits balance. Free Bet risk excluded from returns. net provides complete and comprehensive information by comparing the most popular betting sites on the web. We give you the best choice of bonuses, features, and available markets, helping you to choose a bookmaker that you can trust and feel confident in.

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He quit booking and the charge was later expunged from his record. It was then that he decided to move with his wife, Susan, to Las Vegas, where betting on sports was legal. Walters started gambling when he was 9 years old, when he bet the money he earned from his paper route on the New York Yankees to beat the Brooklyn Dodgers in the World Series.

The Dodgers won and Walters lost the bet, but it did not deter him from gambling. Walters was a losing gambler as late as Walters once lost his house during a game of pitching pennies. The winner did not take possession; Walters agreed to pay off the debt over the next 18 months.

Walters's success changed in his mid to late 30s. Caesars, however, declined his request. Walters then took his proposition to the Atlantic Club Casino Hotel , then known as the Golden Nugget, which was accepted.

The pair noticed a wheel bias and bet on the 7—10—20—27— Jarecki at the San Remo Casino in Monte Carlo in In the s, Walters joined the Computer Group, which used computer analysis to analyze sports outcomes.

Over a period of 39 years, Walters had only one losing year, with a year winning streak. Though he has finished with a loss for a few months, he was always in profit by the end of the year. Walters bet on basketball, the NFL , and college football. In , Walters, along with Billy Baxter , "Roxy" Roxborough , and "Lefty" Rosenthal , was inducted into the Sports Betting Hall of Fame at the Circa Hotel and Casino in Las Vegas.

He commands respect from every prominent bookmaker in the world and is known for contributing as a philanthropist to many causes. In an interview with VSiN in February , Walters announced he was co-authoring a memoir with journalist and best-selling author Armen Keteyian. The book, called Gambler: Secrets from a Life at Risk.

It details Walters' life story and includes two chapters on his secrets and strategies to sports betting. Walters also goes into detail about his fractured friendship with Phil Mickelson and his belief that if the golfer had testified during the insider trading trial, Walters would not have been convicted.

The book became a New York Times best seller. In April , Walters was found guilty of insider trading after using non-public information from Thomas C. Davis, a board member of Dean Foods. Lawyer Daniel Goldman , then an assistant United States Attorney for the Southern District of New York , was part of the trial team.

Walters's source, company director Thomas C. Davis, using a prepaid cell phone and sometimes the code words "Dallas Cowboys" for Dean Foods, helped Walters, between and , realize profits and avoid losses in the stock, the Federal jury found. At the trial, investor Carl C. Icahn was mentioned in relation to Walters's trading but was not charged with wrongdoing.

On December 4, , the U. Supreme Court refused to hear Walters's appeal. Walters was initially imprisoned at Federal Prison Camp, Pensacola , but was released to home confinement in Carlsbad, California , on May 1, , amid the COVID pandemic.

His sentence was scheduled to be completed on January 10, , [26] and was commuted by Donald Trump on January 20, Walters has three children, and is an avid golfer. Walters is a noted philanthropist and has donated to Opportunity Village, a Las Vegas nonprofit for people with intellectual disabilities.

The couple were also honored as Las Vegas Philanthropists of the Year in by the Association of Fundraising Professionals Las Vegas Chapter. Walters donated a "substantial gift" in to HOPE For Prisoners, a Las Vegas nonprofit that assists formerly incarcerated people with re-entry into society.

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Download as PDF Printable version. American professional gambler. For other people named William Walters, see William Walters disambiguation. Munfordville, Kentucky.

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Our collection of Betting and betting strategy guides , provides sports bettors with a general understanding of phrases, simple wagers and odds.

Bettors will learn the 10 different types of sports wagers, how to take advantage of live betting, understanding what "vig" is and how spreads are formed, and how to pay taxes on your sports betting winnings.

More comprehensive guides will take users through strategic plays, statistical analysis, futures wagers and how to line shop to maximize your winnings. In addition to our guides, gamblers can practice their new knowledge at our recommended sportsbooks, all of which we have put through a comprehensive review.

Whether it's your first bet and you simply need to know what a moneyline is, or you've been doing it for years and want to add to your knowledge, our guides offer a mix of explanation and analysis for bettors of all levels.

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It doesn't matter where gamblers are on their journey, we will guide you to the best online bookies and help you make the right bets. Bookies provides comprehensive sports analysis, comparable sports odds and the latest reviews of the best online bookies available so you have the most relevant information at your fingertips to make faster, smarter plays.

So what are you waiting for? Dive in, learn more about all the different ways to become a better gambler, figure out where you want to place your bet and start making smarter picks. We'll be here for whatever you need to make your gambling experience a better - and hopefully more lucrative - one.

We use cookies to improve our service and to enhance your user experience. For more information, or to change your cookie settings, please click Privacy Policy. Our BEST offers from the BEST Sportsbooks.

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