I lost it all in the Horseshoe Hotel playing blackjack before I went to bed,” he replied.
“Five-to-one for birdie,” McCarlie replied.
Walters has been almost as elusive as Howard Hughes, avoiding publicity, reluctant to reveal his secrets. All rights reserved.
“What’s the most you’ve ever made on a hole?” Logan asked.
“When I met him, he was driving an old Cadillac full of bullet holes. But there are some high rollers who consistently win, and it’s hard to find anyone better at winning than Billy Walters. Had no air conditioning. Most bettors come to a sports book inside m88 the casino, to lay their bets, wagering $2.5 billion dollars every year.
He bets on football and basketball, is worth hundreds of millions of dollars, and has been so successful that many Las Vegas bookmakers are afraid to even take his bets.
“He is,” both men replied simultaneously, laughing.
On the day we went along, the two buddies decided to play for $5,000 a hole, with a few side bets along the way. Small potatoes for Walters.
Extra: The “Keyser Soze” of Las Vegas?
Extra: Billy Walters’ Analytics
Extra: The $3.5 Million Bet
© 2011 CBS. And he showed us how the hustle worked with Gene McCarlie, an old friend and casino owner.
“Who’s the better golfer?” correspondent Lara Logan asked Walters and McCarlie on a golf course.
“That’s a lot of money,” Logan remarked.
But after 30 years of unprecedented success, the man who calls himself a Kentucky hillbilly agreed for the first time to open the door into his betting life in Las Vegas – a life he describes as one long hustle – in betting parlors, in pool rooms and on the golf course.
“You got it for a dime!” Walters agreed.
“Probably $400,000,” Walters said.
The Super Bowl: America’s Biggest Bet
More people bet on the Super Bowl than any other sporting event. Nevada is the only state in the country where taking bets on individual games is legal.
When Walters golfs, it’s mostly for fun. He used to make his living off it. Now, he’s a very wealthy man,” Walters replied.
“Ten,” McCarlie said.
Asked what his biggest win was on a round of golf, Walters said, “Probably a million bucks, around a million dollars.”
He gambled on the Super Bowl last year and won $3.5 million. So, how does a professional gambler approach the big game?
“What’s the price?” Walters asked.
Walters just missed a 60-foot putt, but after only three holes, he was up $17,000. . Believe me,” McCarlie added.
Asked if there’s anything he doesn’t gamble on, Walters replied, “Not really.”
When it comes to gambling, everybody knows the house has the advantage. I never got to bed to with it. “How much money have you taken off him over the years?” Logan asked.
“I’ll take 15,” Walters countered.