16, 2011. And there’s no one better at winning than Billy Walters.
Extra: The “Keyser Soze” of Las Vegas?
Extra: Billy Walters’ analytics
Extra: The $3.5 million bet
“He is,” both men replied simultaneously, laughing.
He bets on football and basketball, says he’s worth hundreds of millions of dollars, and is so successful that many Las Vegas bookmakers are afraid to even take his bets.
Walters has been almost as elusive as Howard Hughes, avoiding publicity, reluctant to reveal his secrets.
Produced by Tom Anderson
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.
But, as we reported earlier this year, after three decades of unprecedented success, the man who calls himself a Kentucky hillbilly agreed 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.
Asked what his biggest win was on a round of golf, Walters said, “Probably a million bucks, around a million dollars.”
Asked if there’s anything he doesn’t gamble on, Walters replied, “Not really.”
“Five-to-one for birdie,” McCarlie replied.
“Who’s the better golfer?” correspondent Lara Logan asked Walters and McCarlie on a golf course.
“You got it for a dime!” Walters agreed.
“That’s a lot of money,” Logan remarked.
The Super Bowl: America’s biggest bet
More people bet on the Super Bowl than any other sporting event.
“How much money have you taken off him over the years?” Logan asked.
“Ten,” McCarlie said.
“Yes. It was updated on June 27, 2011.. Most bettors come to a sports book inside the casino, to lay their bets, wagering $2.5 billion dollars every year.
Walters just missed a 60-foot putt, but after only three holes, he was up $17,000. Nevada is the only state in the country where taking bets on individual games is legal. Now, he’s a very wealthy man,” Walters replied.
When Walters golfs, it’s mostly for fun. Believe me,” McCarlie added.
This story was first published Jan. I lost it all in the Horseshoe Hotel playing blackjack before I went to bed,” he replied.
“What’s the most you’ve ever made on a hole?” Logan asked.
“I’ll take 15,” Walters countered.
He gambled on the Super Bowl last year and won $3.5 million. But some high rollers beat the odds and win consistently. All Rights Reserved.
When it comes to gambling, everybody knows you can’t win forever. I never got to bed to with it. And he showed us how the hustle worked with Gene McCarlie, an old friend and casino owner.
© 2011 CBS Interactive Inc. He used to make his living off it. Small potatoes for Walters.
“What’s the price?” Walters asked.
“Probably $400,000,” Walters said.
“When I met him, he was driving an old Cadillac full of bullet holes. Had no air conditioning. So, how does a professional gambler approach the big game?