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Bookie net

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Bet365 Punter Jailed After Winning £236,000 Sports Betting…

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In , Walters stopped all gambling other than sports betting and returned to his roots in business. As of , his holding company owned interests in eight car dealerships with one under construction, one golf course on the Las Vegas Strip, a rental-car franchise, and a number of commercial properties.

Walters grew up poor in the rural town of Munfordville, Kentucky. His father, an auto mechanic, died when Walters was 18 months old. His mother, who was an alcoholic, walked out on her son and two daughters shortly after the death of Walters' father.

He was raised by his grandmother in a home with no running water or indoor plumbing. Walters credits his grandmother, a devout Baptist, with instilling a strong work ethic. She worked two jobs cleaning houses and washing dishes while raising seven children.

His grandmother arranged both loans for Walters. His grandmother died when Walters was 13, forcing him to move to Louisville, Kentucky , to be with his mother.

There he worked two jobs, one in the morning at a bakery and the second at a gas station in the evenings. 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. 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.

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