Despite this setback, Billy continued to bet on sports and eventually became one of the most successful sports bettors in the world. Billy Walters is an American sports bettor and developer who has a net worth of $200 million. He was born in Munfordville, Kentucky to a dirt poor family. Despite an early setback when he lost all the money he had saved from a paper route on a World Series bet, he persevered and eventually became one of the most successful sports bettors in the world.Bill Walters is a member of Richest Business
Age, Biography and Wiki
Net worth: $200 Million (2024)
Some Bill Walters images
When Walters first starting betting on sports, information was not as easy to come by as it is now. He had a crew go to the airport and read newspapers from across the United States to gather information. Today he is known as one of the most successful sports betters in history. He has made hundreds of millions of dollars better on a variety of sports then parlaying the money into more traditional investments. Walters now owns golf courses, real estate, car dealerships, and even seven homes. He prefers to stay private and keep to himself. Bill claims that he profited 37 straight years betting on football and basketball. Walters was a member of a betting system based on statistical analysis called The Computer Group. The group was formed in Las Vegas in 1980 and made millions a year. In 20013 the Southern Nevada Water Authority's turf-rebate program was forced to pay Bill Walters $500,000. In April 2017, Bill Walters was found guilty of insider trading after a three-week trail in New York Federal court. Prosecution charged Billy with using insider information to make $40 million illicit profits between 2008 and 2015. He faced some serious jail time and a very large financial penalty. The case is currently being appealed.
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