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Speaker 1: Welcome to Stupidity, home of the greatest media mind ever

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Speaker 1: to walk the planet.

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Speaker 2: Okay, sure, here's the deal.

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Speaker 3: He's a true icon in every sense of the word.

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Speaker 4: He's loved and feared more than any being. To Grace's plummet.

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Speaker 1: There, Hey a bad with a voice that sounds like

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Speaker 1: very white and be got say hey, let go with baby.

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Speaker 1: God himself would pay thirty nine ninety nine for a cameo.

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Speaker 1: Fact of the matter is you are about to embark

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Speaker 1: on a transcendent experience that can only be described as

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Speaker 1: psychological nudity.

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Speaker 3: This iss and this is stupidoy.

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Speaker 2: Here we go jump Holy.

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Speaker 5: All right, welcome into stupidity. Billy and Mikey are here.

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Speaker 5: Billy Walters is going to join us. He's the Michael

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Speaker 5: Jordan of gambling. I'm really excited for this, Billy. You

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Speaker 5: seem to be excited for Billy Walters. He is just

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Speaker 5: going to spill the beans on Phil Nicholson. I can't

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Speaker 5: wait for this.

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Speaker 4: Mean, I mean, what do you mean? It's kind of mean?

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Speaker 6: I mean Phil, Phil lost why he gamble like a

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Speaker 6: billion dollars? It seems like a problem at this point.

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Speaker 5: Oh, Phil, But you said it's kind of mean that

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Speaker 5: Billy Walters is using Phil Nicholson to sell a book.

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Speaker 6: I wouldn't say such a thing.

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Speaker 4: Well, Chris Russo did I mean he said that?

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Speaker 2: Yeah?

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Speaker 6: Well, anyway, where are you? You're in Buffalo?

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Speaker 3: What was that?

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Speaker 4: What kind of transition was that?

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Speaker 3: Why are you sprinting away from a hard one far transition?

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Speaker 5: Do you feel like Billy Walters used Phil Nicholson to

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Speaker 5: sell books?

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Speaker 4: I'm just asking you a question.

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Speaker 6: We'll find out when we talked to Billy. I guess yeah.

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Speaker 4: Do you think Billy's gonna acknowledge that he did?

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Speaker 7: You know?

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Speaker 6: But I think maybe Billy will sell the book and

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Speaker 6: then we'll be like, oh, yeah, you know what, No,

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Speaker 6: that wasn't what happened at all.

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Speaker 4: All right, you know.

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Speaker 5: I'm in Buffalo. I'm just outside of Buffalo and Rochester,

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Speaker 5: New York. To answer your questions that you didn't answer mine, well, I.

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Speaker 6: Have another for you. I have another question for you

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Speaker 6: related to the first one. If you had a spill

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Speaker 6: the beans book or situation, whose beans would you be spilling?

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Speaker 4: Oh? Wow, all Levatards?

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Speaker 6: Yeah, beans.

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Speaker 5: He doesn't have a lot of beans, though, Levatard. I

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Speaker 5: mean he doesn't you know, beans, beans the spill.

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Speaker 6: If he did have a lot of bean musical though,

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Speaker 6: you wouldn't sell them. You wouldn't say them now, Like

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Speaker 6: now you say there's no beans, and then when it's

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Speaker 6: bean spilling time, then you spill the beans.

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Speaker 4: Right, I'll figure out the beans once I get to

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Speaker 4: bean filling time.

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Speaker 3: I was going to say, you got to start selling

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Speaker 3: this now. If you're eventually going to do it, you

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Speaker 3: got to say, hey, listen, there's some beans, like I'm

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Speaker 3: not going to talk about it, and then you wait

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Speaker 3: and then you keep building it up and then you

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Speaker 3: eventually release the book and there could be you know, beans,

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Speaker 3: but as long as everybody buys the book, the beans.

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Speaker 5: All right, So there are a few beans, I'll work

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Speaker 5: them out, Okay, I'll get to them. But I am like,

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Speaker 5: it has to be someone big that people care about,

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Speaker 5: right Like Billy Walter's wrote about a lot of other things,

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Speaker 5: but the thing that everyone's latching onto is Phil Nicholson

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Speaker 5: because he's interesting and people want to know about his

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Speaker 5: gambling habits. You have to spill the beans on someone

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Speaker 5: that people are interested in, right, Like, I can't, like,

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Speaker 5: what's the point is spilling beans on I don't know

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Speaker 5: Hank Goldberg.

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Speaker 4: No one caress. He's passed away. He's gone. Ouch. What

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Speaker 4: do you mean too soon?

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Speaker 6: Yeah, he died, Billy, No, I know, I'm aware of it.

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Speaker 4: Who would you spill the beans on everyone? I don't know.

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Speaker 6: I don't think I'm a bean spiller?

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Speaker 5: Oh you are, am I I feel like you would listen,

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Speaker 5: desperate times call for desperate measures. If you if you

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Speaker 5: had the beans and you needed money and you need

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Speaker 5: to spill the beans, you would spill the beans.

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Speaker 6: Well, why are you putting me in this position? Why

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Speaker 6: do you put me in desperate times? What are your

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Speaker 6: intentions here? I don't understand.

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Speaker 5: What I'm saying is that perhaps you're correct, okay, that

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Speaker 5: you are not a bean spiller.

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Speaker 4: But if you were desperate, in need.

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Speaker 5: Of the money, and you had the beans to spill

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Speaker 5: on somebody, I feel like you and just about anyone

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Speaker 5: would spill those beans.

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Speaker 4: That's all I'm saying. They'll be offended.

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Speaker 6: That's fair, right, would you?

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Speaker 4: Yea who on?

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Speaker 3: Who whoever? Whoever? Would get me the most money?

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Speaker 2: Okay?

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Speaker 3: I feel like if you're gonna do it, you gotta

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Speaker 3: go all the way. You can't be like, oh, I'm

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Speaker 3: gonna protect this guy, and I'm gonna protect this guy. Like,

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Speaker 3: if you're gonna do it, you just gotta go full

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Speaker 3: heel and.

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Speaker 5: Just name the upper level management guy at ESBN you

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Speaker 5: would spill the beans on.

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Speaker 6: I feel like Mikey's strategy.

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Speaker 4: Right, Billy Bell jouts.

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Speaker 6: I feel like Mikey's strategy of you need to start

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Speaker 6: like teasing for build up and then there's nothing is

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Speaker 6: exactly what happened with the UF doc right where I

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Speaker 6: was like, oh my god, like we're gonna get a

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Speaker 6: documentary on this team that everybody's wanted for years. What

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Speaker 6: was really going on there? And then nothing was really revealed?

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Speaker 4: Right?

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Speaker 5: Well, I mean this stuff happened, they just didn't reveal it.

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Speaker 5: You're right, Billy, it's a good point. Yes, the UF

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Speaker 5: documentary is. It's it's so disappointing. It makes urban Meyer

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Speaker 5: look like this great football coach and Tiba, who already

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Speaker 5: looks good, like he doesn't need but Tibo looks great,

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Speaker 5: like the legend of Tiba. But really, I think the

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Speaker 5: disappointing part is that, man, you know what urban Meyer

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Speaker 5: is at this point, and somehow they made urban Meyer

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Speaker 5: look good. None of the off the field stuff that

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Speaker 5: you wanted is in that documentary. It was very disappointing.

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Speaker 5: Urban would still on everyone.

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Speaker 3: Right, it's not a documentary, it's a highlight room. That's

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Speaker 3: that's really what it is.

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Speaker 4: And those teams were great.

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Speaker 5: They were fantastic, they were talented, they were exciting to watch.

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Speaker 5: They were in the National Championship conversation every single year.

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Speaker 4: Tebow, as I've pointed out.

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Speaker 5: Several times on an hour show, was kind of like

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Speaker 5: a halo over that over that no one was paying

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Speaker 5: attention to the crap that was going on everywhere else

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Speaker 5: because everyone was just focused on Tim Teba and so that,

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Speaker 5: in addition to what he did on the field, is

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Speaker 5: why he is such a legend in college football. So

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Speaker 5: Urban Meyer classic bean spiller, right, I mean.

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Speaker 6: He's the rare bean spiller that has more beans to

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Speaker 6: be spilled on him, I think than on others, you

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Speaker 6: know what I mean. Like, I don't think Urban is

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Speaker 6: defending many people. I think people are kind of defending

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Speaker 6: Urban in the sense that, like in a bean spilling situation,

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Speaker 6: Urban has more things that should be spilled than he

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Speaker 6: has on other people, I would think, right.

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Speaker 4: But I think I feel like Urban has a lot

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Speaker 4: on a lot of.

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Speaker 6: People, though I did, but what they have on him

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Speaker 6: is worse. So, like, what's gonna happen there?

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Speaker 4: The staring contest, who's gonna blink first?

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Speaker 6: It's yeah. And also like I feel like the beans

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Speaker 6: that he has people care about less than the beans

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Speaker 6: on him.

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Speaker 3: It's mutually a sure destruction. You can spill the beleans

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Speaker 3: on urban, but he's probably got some stuff on you.

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Speaker 3: That's my point. He's going to go down.

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Speaker 5: Yeah, listen, he might not be a bean spiller, but

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Speaker 5: what he is, Bill, he's a bean collector. Okay, He's

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Speaker 5: got beans on everyone. And if you release the beans,

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Speaker 5: and Mikey is right, he is going to come back

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Speaker 5: with ten times the fury and release the beans on you.

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Speaker 4: You know, I.

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Speaker 6: Have a question for you. Yes, so did you Rochester?

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Speaker 6: Did you what?

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Speaker 4: Sorry?

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Speaker 6: Did you ever? Did you ever as a kid have

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Speaker 6: magic beans as a toy? I feel like that was

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Speaker 6: a thing earlier in the world. No, No, I feel

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Speaker 6: like that was one of those things. Magic beans is

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Speaker 6: one of those things that you'd send away for you see,

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Speaker 6: like in a magazine, you send like whatever, a dollar

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Speaker 6: fifty and they send you quote unquote magic beans, and

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Speaker 6: it was just like whatever they were like actual beans,

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Speaker 6: and you had to believe that something magical would happen.

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Speaker 6: Never had hm hm Mikey.

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Speaker 3: Sorry, I don't even know what you're talking about.

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Speaker 2: You guys.

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Speaker 6: I've never heard of magic beans?

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Speaker 4: Am I creed?

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Speaker 3: Other than Jack and the beanstock and hold on jelly,

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Speaker 3: whatever was in that chili.

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Speaker 6: By magic beans.

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Speaker 4: I'm looking up magic beans right now.

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Speaker 5: Maybe we'll jar my memory old yeah, magic beans.

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Speaker 6: I mean, we don't have to just like let people

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Speaker 6: who are listening to this weight around for us to

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Speaker 6: google magic beans. I can just you know, pretend I

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Speaker 6: never asked a dumb question and move on.

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Speaker 4: All right.

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Speaker 5: Well, Billy Walter's some claim that he has spilled the

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Speaker 5: beans here on Phil Micholson, I don't think he did.

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Speaker 5: I mean everyone is kind of kind of aware of, uh.

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Speaker 4: He the beans.

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Speaker 6: What do you mean you don't think he did?

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Speaker 2: Well?

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Speaker 5: Alan Shotnik did the I mean the story the book before,

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Speaker 5: and we had the author on kind of spilled the

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Speaker 5: beans before before Billy spilled the beans.

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Speaker 4: But you're right, he spills the beans. You're right. What

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Speaker 4: I don't know what I'm doing here.

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Speaker 5: You threw me off Billy, because I can't you know what,

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Speaker 5: I don't know if you feel bad for Michelson or

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Speaker 5: you're disappointed and Walter's are spilling the beans and using Micholson.

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Speaker 6: Got to be honest with you, I don't know either.

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Speaker 6: It's one of those that will talk to Billy and

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Speaker 6: then we'll kind of figure out how we feel. We're

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Speaker 6: regroup and this is how we feel, you.

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Speaker 5: Know, all right, so many beads, so many beans. Let's

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Speaker 5: talk to Billy Walters about beans. Very excited to talk

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Speaker 5: to this gentleman. His name is Billy Walters. He is

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Speaker 5: the Michael Jordan of gambling. We'll get to that in

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Speaker 5: a second. He also has a new book app Gambler Secrets.

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Speaker 4: From a Life at Risk.

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Speaker 5: Billy, Let's start right there with the book, and thank

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Speaker 5: you for joining us. By the way, why'd you decide

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Speaker 5: to write this book?

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Speaker 7: Well, Stu, I'm not getting any younger. I'm seventy seven

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Speaker 7: years old and I wrote this book. It's an autobiography

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Speaker 7: of my life, and I wanted to share this with

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Speaker 7: people who are you know, or petty shoes and addiction,

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Speaker 7: people who have problems in their life. And I'm also

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Speaker 7: at a point in time in my life that you know,

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Speaker 7: legalized sports money in the majority of the states in

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Speaker 7: the United States has become a reality, and.

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Speaker 2: You know, that's been my dream for a long time.

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Speaker 7: And so in the book, I wanted to everything that

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Speaker 7: I know about sports betting in my experience a one

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Speaker 7: hundred percent of In the book, it's called the master Class,

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Speaker 7: and I primarily wrote this do for average betters, the

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Speaker 7: master class of the professional of the professionals. There's things

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Speaker 7: in there for them also, I think will help them,

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Speaker 7: but I primarily wrote.

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Speaker 2: It for average betters.

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Speaker 7: And people are just beginning the best sports because of

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Speaker 7: the expansion of sports in the US, and I can

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Speaker 7: see some things out there that I want to address

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Speaker 7: in regards to that. I also went to federal prison.

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Speaker 7: I was convicted of inside of trading. I had a

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Speaker 7: friend who I feel like to treat me, and I went.

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Speaker 7: I was in prison, and you know, although maybe like

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Speaker 7: a lot of people, I thought I knew or understood

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Speaker 7: something about prison, when I went to prison, what I

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Speaker 7: realized was I knew nothing about prison, and I.

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Speaker 2: Thought I knew what freedom meant.

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Speaker 7: But until I went into prison, I never read and

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Speaker 7: what freedom either And the men that I was in prison,

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Speaker 7: some of the things that I learned in regards to

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Speaker 7: their lives and things such as that, it was just

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Speaker 7: here's mind over to me.

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Speaker 4: What did you learn about prison that you didn't know

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Speaker 4: before you went in?

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Speaker 7: Well, again, I thought I understood basic freedom, uh, you know,

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Speaker 7: and but once I got into prison, when you all

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Speaker 7: of your freedom was completely taken away and you have

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Speaker 7: none I mean zero, I mean, uh, when you're told

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Speaker 7: what time to go to bed, when you're told what

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Speaker 7: everything everything that it possibly is, and your choices in

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Speaker 7: regards to you know, even toothpaste, things like that, it's uh,

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Speaker 7: they're all taken away from ms too. And so from

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Speaker 7: you know, that's what I've learned about prison. Clearly, there's

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Speaker 7: nothing good about prison. I'm not saying that we don't

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Speaker 7: need prisons. There's people that clearly need to be in prison.

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Speaker 7: But I met a lot of men in there that

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Speaker 7: I mentor. And the thing that just absolutely caught me

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Speaker 7: around me is was I met men that had been

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Speaker 7: in prison, some of them over twenty five years. And

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Speaker 7: these men did not want to go back to prison

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Speaker 7: under any circumstances. But I would spend a lot of

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Speaker 7: one on one time over this.

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Speaker 2: Places they closer, they.

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Speaker 7: Got to the door, and you know it was it

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Speaker 7: was traumatic for them because a lot of them didn't

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Speaker 7: even know how to use the cell phones to But

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Speaker 7: the thing that they feared the most they had no

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Speaker 7: where to make a living. They had no job skilled.

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Speaker 7: Let's go over to make a living. The all day

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Speaker 7: they knew was a lot of crime. And I ain't

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Speaker 7: deep down they knew that in order to feed your

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Speaker 7: families or surprive that's what they would probably have to do.

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Speaker 8: And that's what really openedizes.

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Speaker 7: And so when I got out of prison, I made

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Speaker 7: sure in my mind, I was going to make sure

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Speaker 7: that I would evening in my power were to try

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Speaker 7: to change things to people who actually deserved a second chance.

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Speaker 7: I started working the Senator Harry Reid in Nevada, and

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Speaker 7: he and I were working together, and my goal was

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Speaker 7: was to put location on schools inside of federal prisons.

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Speaker 2: And I offered to put up the.

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Speaker 7: First million dollars in all money, and I want to

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Speaker 7: put vocational schools in their Lacristians for the counners, americandition repairman.

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Speaker 2: And truck rounders.

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Speaker 7: And unfortunately Senator Read he passed away from pancreatic cancer,

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Speaker 7: and we didn't get that done. But then I got

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Speaker 7: introduced to a pulgram in Las Vegas. It's called Hope

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Speaker 7: for Prisoners and I was introduced it to the ex

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Speaker 7: actually the next sheriff Cark County, which is Las Vegas.

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Speaker 7: His name was Bill Young, and I met a guy

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Speaker 7: named John Ponder. He started this organization in twenty twelve,

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Speaker 7: and I was blow away about what this organization was.

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Speaker 7: There A saidivism right for Hope for Prisoners as to

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Speaker 7: and they've been there since twenty twelve is seven percent.

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Speaker 7: So when I saw, you know what it was again.

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Speaker 7: You know, my dream was to put locational schools and prisons.

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Speaker 7: So I worked with John and initially made some resources available.

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Speaker 7: They expanded their facilities, but then most recently we worked

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Speaker 7: with the governor about Governor Joel Lombarrow, and I had

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Speaker 7: the corrections there and we now we're now putting in

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Speaker 7: vocational schools in state prisons in the back and so

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Speaker 7: that is I can't tell you I saw them about that,

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Speaker 7: and I'm just so proud of the associated with Hopeful Prisons.

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Speaker 5: Were you able to I'm sure you were. Was there

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Speaker 5: a lot of gambling going on in prison.

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Speaker 7: As far as I'm concerned, I knew there was some

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Speaker 7: pubalic gambling going on, but I wasn't remotely involved with it. Frankly,

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Speaker 7: and I don't want to sound the wrong way, but

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Speaker 7: whatever they were gambled for in prison, I would have

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Speaker 7: had no interest in it to start with. That's number one.

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Speaker 7: Number two, you can imagine I was a pretty high

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Speaker 7: profile person in there, sure, so I wanted to be

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Speaker 7: about as far away from as I could be. And

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Speaker 7: then on top of that, on weekends, I had visitation.

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Speaker 7: Every weekend I was there, stoo, I unlike a lot

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Speaker 7: of these men there are sixty percent of the men

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Speaker 7: and in federal prisons to never get a visit. I mean,

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Speaker 7: I realized how I was when I was in there.

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Speaker 7: I had, I had resources, I had lots of friends.

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Speaker 7: I really didn't lose a friend because I walked to prison.

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Speaker 7: Because most people who know me, they know my background

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Speaker 7: and my wife for forty seven years, she visited me

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Speaker 7: almost every weekend, ninety nine percent of the time. She

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Speaker 7: was there the Friday, Saturday, and Sunday. So now the

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Speaker 7: entire time I was in prison, so we already watched

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Speaker 7: World football football game in this entire years a super Bowl,

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Speaker 7: So when sport from being played, I was a visitation

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Speaker 7: Number one and number two. The last thing I wanted

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Speaker 7: to do was be involved in any kind of prison gaming.

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Speaker 7: But yes, there was something going on.

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Speaker 5: So you watched the full Super Bowl in prison. They

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Speaker 5: allow that in prison. Just the game is that big

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Speaker 5: that even prisoners can watch it?

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Speaker 2: Oh yeah, yeah.

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Speaker 7: As a matter of fact, we went to this big

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Speaker 7: room and they had TV set up in there and

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Speaker 7: you could bring food if you had food or whatever,

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Speaker 7: and it was it was something that all the guys

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Speaker 7: really enjoyed. They really got into it, and it was

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Speaker 7: the only time. It was once a year, but they

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Speaker 7: did allow inmates to There were two Super Bowls. The

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Speaker 7: first one I tried to it once they cut it

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Speaker 7: off before it was over. But the second one they yeah,

349
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Speaker 7: and then the second one they played it in entirety.

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Speaker 5: Why they cut it off though, First off, which super

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Speaker 5: Bowl was it and why they cut it off?

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Speaker 2: It was Philly and Philly, and I think it was

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Speaker 2: Philly and the Raiders.

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Speaker 7: And I was only in there for thirty one months,

355
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Speaker 7: so I just remember there was one they cut off,

356
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Speaker 7: and when they cut it off. They only cut it

357
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Speaker 7: off about two minutes ago. Really all the actually took

358
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Speaker 7: place in the last two minutes, so we not only

359
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Speaker 7: missed the last part of the game. Everybody was the

360
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Speaker 7: one that had the most action involved with it.

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Speaker 5: Why they cut it off? Though I was curfect, people

362
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Speaker 5: getting out of hand?

363
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Speaker 4: What happened?

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Speaker 7: No, people weren't getting out of hand. People were you know,

365
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Speaker 7: they were very orderly. They in prison, you have counts

366
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Speaker 7: at different times of the days too. The prison I

367
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Speaker 7: was in at four o'clock every afternoon, you have to

368
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Speaker 7: be standing by your buck. At nine o'clock every night,

369
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Speaker 7: you have to be standing by your buck, and then

370
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Speaker 7: they do counts at twelve o'clock, two o'clock, at four

371
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Speaker 7: o'clock in the morning, and then on the weekends they

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Speaker 7: do a ten o'clock am account also, So the game

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Speaker 7: was up against one of the count counts, and instead

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Speaker 7: of allowing it to run over and people get back,

375
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Speaker 7: they call it because people had to be back in

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Speaker 7: their barracks for count got it.

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Speaker 3: Billy, are you with me?

378
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Speaker 5: Because gamblings, as you mentioned earlier, gamblings become mainstream to mainstream.

379
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Speaker 5: For me, I missed the days where I would meet

380
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Speaker 5: some guy in an alli, He'd hand me a bag

381
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Speaker 5: of cash, or I'd hand.

382
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Speaker 4: Him a bag of cash. I want to feel like

383
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Speaker 4: I'm about to get arrested.

384
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Speaker 2: What do you think, Well, here's what I think.

385
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Speaker 7: I actually got arrested four times, and I got indicted

386
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Speaker 7: four times for betting.

387
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Speaker 2: On ballgames, nothing more Noththeless.

388
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Speaker 7: You know, I got arrested the first time in nineteen

389
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Speaker 7: ninety my wife.

390
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Speaker 2: For forty seven years.

391
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Speaker 7: I saw her taking out of the front of our

392
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Speaker 7: home with handcuffs and leggers over betting on ball games.

393
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Speaker 7: So I went through fore indictments. I spent millions and

394
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Speaker 7: millions of dollars. I prevailed on all four indictments because

395
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Speaker 7: once the truth came out, I was I was exonerated.

396
00:18:19,840 --> 00:18:22,600
Speaker 7: But the problem was was in a couple of things.

397
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Speaker 7: The first indictment, I think law enforcement really didn't understand

398
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Speaker 7: the difference between organized betters and organized bookmakers.

399
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Speaker 2: We were the first group of organized betters.

400
00:18:31,359 --> 00:18:34,119
Speaker 7: After that, I think it kind of became a vindictive

401
00:18:34,160 --> 00:18:38,760
Speaker 7: type of thing, and that was what happened. So from

402
00:18:38,760 --> 00:18:41,479
Speaker 7: that perspective, Stu, I'm really glad to see that we

403
00:18:41,520 --> 00:18:45,560
Speaker 7: have legalized sports betting. That hopefully nobody else gets arrested

404
00:18:45,560 --> 00:18:47,640
Speaker 7: and taken out of their home and seeing their why

405
00:18:47,720 --> 00:18:48,600
Speaker 7: in that kind of condition.

406
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Speaker 4: For now, I understand that I just kind of miss

407
00:18:51,720 --> 00:18:52,960
Speaker 4: those days, you know, No, no.

408
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Speaker 2: I missed them too.

409
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Speaker 7: And I tell you the other part that I miss

410
00:18:55,400 --> 00:18:58,479
Speaker 7: about it, Stu, And I think you know you've been

411
00:18:58,520 --> 00:19:00,399
Speaker 7: around I could see that, and I think you probably

412
00:19:00,440 --> 00:19:03,080
Speaker 7: really relate to this. You know, back in those days,

413
00:19:03,119 --> 00:19:06,400
Speaker 7: are with thousands of bookies throughout the United States, and

414
00:19:06,440 --> 00:19:08,640
Speaker 7: you know, small guys and had a lot of guys

415
00:19:08,720 --> 00:19:10,480
Speaker 7: you could bet with you had there are a lot

416
00:19:10,480 --> 00:19:15,439
Speaker 7: of various options today. What's happened in legalized sports Petty's,

417
00:19:15,480 --> 00:19:17,560
Speaker 7: there's there's some things that have been good about this,

418
00:19:17,640 --> 00:19:20,720
Speaker 7: but the problem is we created a monopoly. You've only

419
00:19:20,760 --> 00:19:24,200
Speaker 7: got a very small number of places that are actually

420
00:19:24,600 --> 00:19:29,040
Speaker 7: book bikers, and as a result, the customer, the resident

421
00:19:29,080 --> 00:19:31,879
Speaker 7: of whatever state they're in, they're the ones that are

422
00:19:31,920 --> 00:19:35,400
Speaker 7: really losing out. Because you know, if you remember still

423
00:19:35,600 --> 00:19:38,280
Speaker 7: back it wasn't that long ago, two team parlays paid.

424
00:19:38,119 --> 00:19:40,520
Speaker 2: A dollar eighty. They were nine to five. Right now

425
00:19:40,760 --> 00:19:42,480
Speaker 2: now two team parlays.

426
00:19:42,280 --> 00:19:43,600
Speaker 8: Are twelve to five.

427
00:19:43,600 --> 00:19:46,320
Speaker 7: They're only paying you to sixty and then you know

428
00:19:46,720 --> 00:19:48,960
Speaker 7: six point tasers used to be even money. Now six

429
00:19:49,080 --> 00:19:52,280
Speaker 7: point taser someone charge as much as a dollar thirty, Well,

430
00:19:52,400 --> 00:19:55,159
Speaker 7: what's kind of happened here? And not kind of what

431
00:19:55,240 --> 00:19:58,000
Speaker 7: has happened here? You know, there's no truth in lending

432
00:19:58,080 --> 00:20:01,000
Speaker 7: when it comes to advertising price. So the sporting event

433
00:20:01,480 --> 00:20:03,560
Speaker 7: and the fact of the matter is one of the primary

434
00:20:03,600 --> 00:20:05,639
Speaker 7: reasons I wrote this was because of the new and

435
00:20:05,760 --> 00:20:08,600
Speaker 7: average better. Most people when they make a bet on

436
00:20:08,600 --> 00:20:11,400
Speaker 7: a on a ball game, they're betting on another pretense

437
00:20:11,440 --> 00:20:13,040
Speaker 7: they're laying a dollar ten to a dollar.

438
00:20:13,640 --> 00:20:15,000
Speaker 2: Well, that isn't the case.

439
00:20:15,160 --> 00:20:17,600
Speaker 7: If you may make a bet on the game, you know,

440
00:20:17,720 --> 00:20:19,480
Speaker 7: a porch bereat of the game, that's the case. But

441
00:20:19,520 --> 00:20:22,480
Speaker 7: if you're betting off parlays a teaser, if you're laying

442
00:20:22,480 --> 00:20:24,399
Speaker 7: as most of a dollar thirty five on some of

443
00:20:24,440 --> 00:20:29,560
Speaker 7: these games, you know, so essentially the average better. The

444
00:20:29,640 --> 00:20:32,560
Speaker 7: bottom line is they got a very little chance of

445
00:20:32,600 --> 00:20:34,719
Speaker 7: winning the starting As a matter of fact, if if

446
00:20:34,760 --> 00:20:36,960
Speaker 7: they're one of these guys that has one place they're

447
00:20:36,960 --> 00:20:38,920
Speaker 7: betting and they're not shopping out getting bet for the

448
00:20:38,960 --> 00:20:42,120
Speaker 7: best numbers, and they don't understand anything all about betting strategy.

449
00:20:42,560 --> 00:20:44,440
Speaker 7: I'll just I'll just tell you they got no chance

450
00:20:44,440 --> 00:20:48,080
Speaker 7: to win. But you know, that's another reason I wrote

451
00:20:48,080 --> 00:20:50,000
Speaker 7: the book. In there, I put in a I put

452
00:20:50,000 --> 00:20:52,000
Speaker 7: in a basic Betty's preadit. It's the same thing I've

453
00:20:52,000 --> 00:20:54,520
Speaker 7: done my entire life, and that is, get as many

454
00:20:54,560 --> 00:20:57,280
Speaker 7: accounts as you can shop around and make sure you

455
00:20:57,280 --> 00:20:59,600
Speaker 7: at least get the best number. And if you go

456
00:20:59,600 --> 00:21:02,399
Speaker 7: to buy the point I put in, I put in

457
00:21:03,359 --> 00:21:05,280
Speaker 7: I put all that information in there. You can see

458
00:21:05,280 --> 00:21:07,560
Speaker 7: whatever half points work. And what you got to find

459
00:21:07,600 --> 00:21:09,399
Speaker 7: out is some have punts will work more than the

460
00:21:09,440 --> 00:21:12,800
Speaker 7: other because certain points are revaiable than others. And the

461
00:21:12,880 --> 00:21:15,520
Speaker 7: other thing is I put in a comparison how point

462
00:21:15,640 --> 00:21:18,760
Speaker 7: prints compare the money lives so and that way you

463
00:21:18,760 --> 00:21:20,520
Speaker 7: can take a look at them and see which one

464
00:21:20,600 --> 00:21:22,480
Speaker 7: is the best deal. And if you want to buy

465
00:21:22,520 --> 00:21:24,399
Speaker 7: at the point, you know, if you can buy for

466
00:21:24,640 --> 00:21:26,240
Speaker 7: the fair amount of money or less, buy it.

467
00:21:26,240 --> 00:21:27,760
Speaker 2: If you don't get better off, pace it.

468
00:21:28,080 --> 00:21:29,480
Speaker 7: And the other thing I did is too that I

469
00:21:29,560 --> 00:21:32,680
Speaker 7: put a money management system in there, because even if

470
00:21:32,680 --> 00:21:35,320
Speaker 7: you're a recreational better but the youre a guy who's

471
00:21:35,320 --> 00:21:37,120
Speaker 7: got a job, you love sports, you want to bet

472
00:21:37,160 --> 00:21:39,400
Speaker 7: on sports, and you know, you need to have some

473
00:21:39,480 --> 00:21:41,399
Speaker 7: kind of a plan. But the other thing you need

474
00:21:41,680 --> 00:21:44,200
Speaker 7: you need to be able to get a fair price

475
00:21:44,240 --> 00:21:46,080
Speaker 7: on whatever your betty in order to have some sort

476
00:21:46,119 --> 00:21:47,320
Speaker 7: of a strategy to do it.

477
00:21:47,880 --> 00:21:50,879
Speaker 8: So that's as I wrote my book. Early on in

478
00:21:50,880 --> 00:21:52,320
Speaker 8: my life, I.

479
00:21:52,240 --> 00:21:55,520
Speaker 7: Was addicted to the gambling and I went through some

480
00:21:55,680 --> 00:21:58,560
Speaker 7: issues with it, and I shared that in the book.

481
00:21:58,680 --> 00:22:01,840
Speaker 7: And fortunately for me, there are a number of things

482
00:22:01,840 --> 00:22:05,359
Speaker 7: that happened. Number one, I'm married. I've married my wife

483
00:22:05,400 --> 00:22:07,119
Speaker 7: forty seven years ago. It was the best thing I

484
00:22:07,119 --> 00:22:11,440
Speaker 7: ever did in my life. And I quit alcohol and

485
00:22:11,440 --> 00:22:14,040
Speaker 7: then I pardoned up with a really smart guy that

486
00:22:14,160 --> 00:22:17,720
Speaker 7: understood money management and accommodation of these things. Is that's

487
00:22:17,720 --> 00:22:20,560
Speaker 7: how I was able to turn myself around. And but

488
00:22:21,359 --> 00:22:25,679
Speaker 7: again I primary reason for writing this from a sports standpoint,

489
00:22:25,800 --> 00:22:28,080
Speaker 7: it was for the beginning and average better.

490
00:22:28,560 --> 00:22:31,720
Speaker 5: The book is Gambler Secrets from a Life at Risk.

491
00:22:32,200 --> 00:22:34,159
Speaker 5: I love to buy a hook like I love to

492
00:22:34,160 --> 00:22:36,200
Speaker 5: buy the half point down. My staff makes fun of

493
00:22:36,240 --> 00:22:38,439
Speaker 5: me all the time, especially Mike Ryan. Am I an

494
00:22:38,480 --> 00:22:40,200
Speaker 5: idiot for buying that half point.

495
00:22:40,320 --> 00:22:42,280
Speaker 7: No, you're not an idiot all if you buy at

496
00:22:42,280 --> 00:22:45,560
Speaker 7: a fair price. You know, and in the books to

497
00:22:46,320 --> 00:22:49,959
Speaker 7: you know, I put in a chart and it shows

498
00:22:49,960 --> 00:22:53,440
Speaker 7: you exactly what every half point is worked by. And

499
00:22:53,640 --> 00:22:55,159
Speaker 7: if you want to you know, if you want to

500
00:22:55,200 --> 00:22:57,639
Speaker 7: pay more than that, so be it. But you're instead

501
00:22:57,640 --> 00:23:00,240
Speaker 7: of living attend your land more than eleven two. But

502
00:23:00,320 --> 00:23:03,640
Speaker 7: they'll give me example, it's the number three in the NFL. Okay,

503
00:23:04,640 --> 00:23:07,960
Speaker 7: if you want to buy on to a tie, say

504
00:23:08,080 --> 00:23:09,440
Speaker 7: say the games two and a half, and you want

505
00:23:09,440 --> 00:23:12,320
Speaker 7: to take three, that's worth that's worth twenty two cents

506
00:23:12,320 --> 00:23:14,440
Speaker 7: to buy twenty two extra cents, so it's worth three

507
00:23:14,480 --> 00:23:17,320
Speaker 7: miles thirty two. Okay, if you're buying off of three

508
00:23:17,320 --> 00:23:18,400
Speaker 7: and you want to go to two and a half,

509
00:23:18,440 --> 00:23:19,440
Speaker 7: you want to go to three and a half, that's

510
00:23:19,440 --> 00:23:20,600
Speaker 7: for twenty cents.

511
00:23:20,880 --> 00:23:21,800
Speaker 2: So it tells you the.

512
00:23:21,800 --> 00:23:25,359
Speaker 7: Exact you know, fair value both ways, and then you

513
00:23:25,440 --> 00:23:27,040
Speaker 7: make if you can buy it for less than that,

514
00:23:27,160 --> 00:23:28,920
Speaker 7: or you can buy it for that amount of money

515
00:23:28,960 --> 00:23:30,680
Speaker 7: you want to do it, go for it. If they

516
00:23:30,680 --> 00:23:33,359
Speaker 7: want to charge you an extra thirty cents three minus

517
00:23:33,359 --> 00:23:35,880
Speaker 7: thirty five or three minus forty, it's a bad deal.

518
00:23:35,920 --> 00:23:38,960
Speaker 7: You shouldn't do it. But every point in there I've

519
00:23:38,960 --> 00:23:41,720
Speaker 7: put the true value of what you know what the

520
00:23:41,760 --> 00:23:45,280
Speaker 7: fair price is for I half a point And because honestly, Stude,

521
00:23:45,680 --> 00:23:47,679
Speaker 7: I haven't been able to find any place yet you

522
00:23:47,720 --> 00:23:51,199
Speaker 7: can go and see how these things compare and what

523
00:23:51,280 --> 00:23:53,040
Speaker 7: the improvements are. That's the reason I put them on

524
00:23:53,080 --> 00:23:57,440
Speaker 7: a football because right now it's amazing to me here

525
00:23:57,480 --> 00:24:00,680
Speaker 7: we are. We've got millions of people betting sports. Everyone

526
00:24:00,720 --> 00:24:03,800
Speaker 7: thanks for learning eleven to ten, but but they're involved

527
00:24:03,840 --> 00:24:06,359
Speaker 7: in certain things. They're fair land way more than eleven

528
00:24:06,400 --> 00:24:08,760
Speaker 7: and ten, and they don't know it. That's the reason

529
00:24:08,840 --> 00:24:11,280
Speaker 7: for lays and feezers are the most profitable things that

530
00:24:11,359 --> 00:24:15,359
Speaker 7: these force books have because began they're getting a dollar

531
00:24:15,440 --> 00:24:18,199
Speaker 7: thirty dollars thirty five a lot of these bests, and

532
00:24:18,240 --> 00:24:21,280
Speaker 7: the public doesn't know that. Now, if you know, you

533
00:24:21,320 --> 00:24:23,399
Speaker 7: know you're laying a bottle a dollar thirty five and

534
00:24:23,440 --> 00:24:24,720
Speaker 7: you want to do it, fine.

535
00:24:24,560 --> 00:24:25,040
Speaker 2: Go do it.

536
00:24:25,160 --> 00:24:27,159
Speaker 7: You know you're not you know, the chances you win

537
00:24:27,240 --> 00:24:29,960
Speaker 7: them are much much less. But at least now you

538
00:24:30,080 --> 00:24:32,560
Speaker 7: know you know what the fair price is, you're no

539
00:24:32,600 --> 00:24:35,280
Speaker 7: longer I would say, find an our fight in the dark.

540
00:24:35,440 --> 00:24:37,280
Speaker 7: You know, you know exactly where you're going.

541
00:24:38,160 --> 00:24:38,480
Speaker 4: Billy.

542
00:24:38,600 --> 00:24:40,560
Speaker 6: The thing that we make fun of with Stu Gotts

543
00:24:40,640 --> 00:24:42,680
Speaker 6: is that he will buy.

544
00:24:42,320 --> 00:24:44,640
Speaker 4: There a couple of Billy's gotten it up. Here you go,

545
00:24:45,000 --> 00:24:45,399
Speaker 4: here you go.

546
00:24:45,840 --> 00:24:50,800
Speaker 6: He'll buy down a something from like two to one

547
00:24:50,840 --> 00:24:52,920
Speaker 6: and a half or something, right, and then he'll give

548
00:24:52,960 --> 00:24:54,480
Speaker 6: his prediction for the game, and he's like, the team's

549
00:24:54,520 --> 00:24:56,160
Speaker 6: gonna win by eight. And we're like, well, why are

550
00:24:56,200 --> 00:24:59,320
Speaker 6: you buying down half points if you're so convinced that

551
00:24:59,320 --> 00:25:01,080
Speaker 6: they're going to low out the other teams?

552
00:25:01,800 --> 00:25:02,960
Speaker 4: Was money?

553
00:25:04,359 --> 00:25:09,320
Speaker 7: Well, I better leave that alone, said, but I will

554
00:25:09,320 --> 00:25:12,720
Speaker 7: take I will say this, Uh, I don't recall buying

555
00:25:12,840 --> 00:25:15,200
Speaker 7: one from two to one and a half, but if

556
00:25:15,200 --> 00:25:16,480
Speaker 7: it were cheap enough, I would.

557
00:25:16,760 --> 00:25:18,120
Speaker 2: And that's the reason I put the.

558
00:25:18,320 --> 00:25:19,280
Speaker 4: I never do that, Billy.

559
00:25:19,320 --> 00:25:22,840
Speaker 7: Oh but well, I mean, but you know, if the

560
00:25:22,880 --> 00:25:25,359
Speaker 7: price were to be cheap enough, it would actually you'd

561
00:25:25,359 --> 00:25:27,960
Speaker 7: have value of doing that. But but but the numbers,

562
00:25:28,119 --> 00:25:30,159
Speaker 7: you know, most of us look at, are threes and

563
00:25:30,280 --> 00:25:33,600
Speaker 7: sevens and ten's. And you know, the game six and

564
00:25:33,600 --> 00:25:35,480
Speaker 7: a half, clearly you want to take seven. If the

565
00:25:35,480 --> 00:25:37,120
Speaker 7: game's loue and a half, you want to take ten.

566
00:25:37,400 --> 00:25:40,680
Speaker 7: And I've also put them in the order. I've put

567
00:25:40,720 --> 00:25:46,119
Speaker 7: the uh, the most important numbers there in order, you know,

568
00:25:46,200 --> 00:25:47,920
Speaker 7: and so uh.

569
00:25:48,080 --> 00:25:48,920
Speaker 2: I give you the example.

570
00:25:49,000 --> 00:25:52,480
Speaker 7: Three a team is favored in the NFL by three,

571
00:25:53,040 --> 00:25:54,240
Speaker 7: they'll win that game.

572
00:25:54,880 --> 00:25:55,640
Speaker 2: Uh.

573
00:25:55,880 --> 00:25:59,040
Speaker 7: You know they're going to win that game. Uh much

574
00:25:59,080 --> 00:26:01,359
Speaker 7: loreder They're going to a game about twelve. They're going

575
00:26:01,440 --> 00:26:03,560
Speaker 7: to win that game exactly about three eight percent of

576
00:26:03,600 --> 00:26:06,560
Speaker 7: the time. So you start to think about it, Miami

577
00:26:06,600 --> 00:26:12,199
Speaker 7: is three over uh or any other set of certain things. Whoever,

578
00:26:12,440 --> 00:26:14,800
Speaker 7: whoever's a three point favorite, eight percent of the time,

579
00:26:14,840 --> 00:26:16,760
Speaker 7: they're gonna win that game by three points.

580
00:26:16,800 --> 00:26:19,679
Speaker 8: So you can see how important for years.

581
00:26:19,840 --> 00:26:22,399
Speaker 4: Very important. How much money have you bet today, Billy.

582
00:26:23,200 --> 00:26:26,920
Speaker 7: I haven't met anything today on sports? I've bet I've

583
00:26:26,960 --> 00:26:31,240
Speaker 7: been they Uh. In regards to the book, uh, I've

584
00:26:31,280 --> 00:26:34,000
Speaker 7: been doing a few interviews with that, and I'm.

585
00:26:33,880 --> 00:26:35,720
Speaker 2: In New York. I'm a little bit under the weather.

586
00:26:35,920 --> 00:26:37,920
Speaker 7: And but I can tell you it's not going to

587
00:26:37,960 --> 00:26:40,240
Speaker 7: be a loan with toll Mate's leather. And I'll be

588
00:26:40,280 --> 00:26:40,880
Speaker 7: an action.

589
00:26:42,280 --> 00:26:43,040
Speaker 6: I thought you are.

590
00:26:43,280 --> 00:26:44,880
Speaker 4: You're the Michael Jordan of gambling.

591
00:26:44,880 --> 00:26:47,439
Speaker 5: How does it feel to be called the Michael Jordan

592
00:26:47,520 --> 00:26:48,120
Speaker 5: of gambling?

593
00:26:48,640 --> 00:26:51,159
Speaker 7: Well, I'm honored to say the least. And uh and

594
00:26:51,400 --> 00:26:54,000
Speaker 7: and if I can fellow shoes, I'll tell you about it.

595
00:26:54,160 --> 00:26:57,440
Speaker 7: Uh uh, that's that's quite an honor, is really all

596
00:26:57,440 --> 00:26:58,200
Speaker 7: I can say.

597
00:26:58,680 --> 00:27:00,520
Speaker 5: Pretty damn cool. I want to get to your relationship

598
00:27:00,520 --> 00:27:03,159
Speaker 5: here with Phil in just a second. But I am wondering,

599
00:27:03,200 --> 00:27:07,520
Speaker 5: what is the worst bet you've ever made, Billy Man.

600
00:27:07,560 --> 00:27:09,920
Speaker 2: I'll tell you I made so many bad ones.

601
00:27:09,960 --> 00:27:12,680
Speaker 7: I can't remember the moss too, but you know, after

602
00:27:12,720 --> 00:27:14,480
Speaker 7: the fact, there's a lot of them looked really bad.

603
00:27:14,680 --> 00:27:17,880
Speaker 7: And uh, you know, before the fact, I can't think

604
00:27:17,880 --> 00:27:19,600
Speaker 7: of any really bad ones I made, But after the

605
00:27:19,640 --> 00:27:20,240
Speaker 7: fact there were a.

606
00:27:20,280 --> 00:27:20,800
Speaker 2: Ton of them.

607
00:27:21,280 --> 00:27:23,720
Speaker 4: Sure. What's the most you've won the single night, a

608
00:27:23,800 --> 00:27:24,320
Speaker 4: single day.

609
00:27:25,880 --> 00:27:31,399
Speaker 7: Uh Oh, I don't know exactly, but you know at

610
00:27:31,480 --> 00:27:32,840
Speaker 7: least four or five million bucks.

611
00:27:33,280 --> 00:27:39,080
Speaker 5: Jesus Christ, wait a minute, exactly for my Billy.

612
00:27:41,040 --> 00:27:43,480
Speaker 2: Well, and I told the story of the book.

613
00:27:43,840 --> 00:27:45,760
Speaker 7: I bet three and a half million on the Wars

614
00:27:45,800 --> 00:27:49,040
Speaker 7: when they were playing the Colts in the Super Bowl,

615
00:27:49,160 --> 00:27:52,960
Speaker 7: but earlier in the year, I bet which I want

616
00:27:52,960 --> 00:27:55,040
Speaker 7: an extra two million dollars on them.

617
00:27:54,840 --> 00:27:55,800
Speaker 2: To win the Super Bowl.

618
00:27:56,359 --> 00:27:58,480
Speaker 7: So when that game is over, I won three and

619
00:27:58,520 --> 00:28:00,240
Speaker 7: a half million in the street bet I made. But

620
00:28:00,600 --> 00:28:03,240
Speaker 7: the future bets by them one and also one of those,

621
00:28:03,320 --> 00:28:05,160
Speaker 7: so it was a total five and a half million,

622
00:28:05,200 --> 00:28:06,440
Speaker 7: and that would have been the one.

623
00:28:07,200 --> 00:28:11,520
Speaker 4: Jesus, what's the most you've lost to today? Same numbers roughly, Uh?

624
00:28:12,880 --> 00:28:16,560
Speaker 7: In sports, I don't know. I probably you know two,

625
00:28:16,640 --> 00:28:19,200
Speaker 7: two and a half million bucks three. I've had some

626
00:28:19,320 --> 00:28:22,080
Speaker 7: bad days. I'll tell you a quick story anyway. I

627
00:28:22,119 --> 00:28:23,560
Speaker 7: don't want to take ever your time with it. But

628
00:28:24,040 --> 00:28:26,399
Speaker 7: there was one Sunday and I had a really bad Sunday.

629
00:28:26,400 --> 00:28:28,840
Speaker 7: And I actually had a home in Benita Spraced, Florida

630
00:28:28,840 --> 00:28:31,080
Speaker 7: at the time, and it had been raining, it was

631
00:28:31,160 --> 00:28:36,160
Speaker 7: overcast and uh and and I'd had a real back

632
00:28:36,280 --> 00:28:39,360
Speaker 7: injury and I was taking some muscle relaxers and and

633
00:28:39,520 --> 00:28:41,840
Speaker 7: things for the pain. And the day it was old

634
00:28:41,840 --> 00:28:43,600
Speaker 7: when I got clean sheet and I lost them off

635
00:28:43,640 --> 00:28:45,720
Speaker 7: every game, And so I told my wife, I said, look,

636
00:28:45,760 --> 00:28:47,120
Speaker 7: I got to get out and take a walk. So

637
00:28:47,720 --> 00:28:49,440
Speaker 7: I walked down to the end the street and came back.

638
00:28:49,840 --> 00:28:51,440
Speaker 2: I can only walk about a half a walk.

639
00:28:51,880 --> 00:28:54,160
Speaker 7: Well, I passed my house, looked at the house two

640
00:28:54,200 --> 00:28:56,160
Speaker 7: doors down, went up and opened the door.

641
00:28:56,240 --> 00:28:58,239
Speaker 2: When air and uh.

642
00:28:58,480 --> 00:29:02,520
Speaker 8: But that was that today that I get him between I.

643
00:29:02,520 --> 00:29:06,360
Speaker 7: Guess getting clean sheeted and in the back and the

644
00:29:06,440 --> 00:29:07,760
Speaker 7: muster relaxers back.

645
00:29:08,160 --> 00:29:09,440
Speaker 2: That's the day I'll never forget.

646
00:29:11,280 --> 00:29:11,800
Speaker 4: Go ahead, Bill.

647
00:29:12,360 --> 00:29:15,040
Speaker 6: Do you see people like Mattress Mac. I think this guy,

648
00:29:15,160 --> 00:29:16,959
Speaker 6: Mattress Mack a bit of a clown.

649
00:29:17,400 --> 00:29:18,240
Speaker 4: Mattress quack.

650
00:29:18,480 --> 00:29:21,840
Speaker 6: I mean, guy's betting like ten million on a game,

651
00:29:21,960 --> 00:29:24,120
Speaker 6: and it seems like these things are with no rhyme

652
00:29:24,200 --> 00:29:26,640
Speaker 6: or eath, and whatsoever loses all kinds of money doesn't

653
00:29:26,640 --> 00:29:27,959
Speaker 6: seem to matter whatsoever to him.

654
00:29:28,720 --> 00:29:30,920
Speaker 7: Well, what I understand, I already don't know all the facts,

655
00:29:30,960 --> 00:29:34,400
Speaker 7: but he's using this to promote his business. And he

656
00:29:34,560 --> 00:29:37,520
Speaker 7: makes these bets and if he wins, the people who

657
00:29:37,640 --> 00:29:40,320
Speaker 7: buy products from him, they get they get those for free.

658
00:29:40,800 --> 00:29:43,640
Speaker 7: And if they don't, they you know, they pay whatever

659
00:29:43,720 --> 00:29:47,760
Speaker 7: the normal prices. At least that's my understanding. As a result,

660
00:29:47,880 --> 00:29:51,600
Speaker 7: he's promoting himself. The casinos force books. They want to

661
00:29:51,600 --> 00:29:53,560
Speaker 7: promote him because they want to they want to be

662
00:29:53,680 --> 00:29:57,280
Speaker 7: more Mattress backs, and he's got a lot of publicity.

663
00:29:57,960 --> 00:30:00,640
Speaker 2: He seems like a really nice guy. But I think

664
00:30:00,720 --> 00:30:02,760
Speaker 2: I think is I.

665
00:30:02,800 --> 00:30:07,280
Speaker 7: Think it's more promoting his business. Is at least that's

666
00:30:07,320 --> 00:30:09,040
Speaker 7: what he said, and that's what I understand.

667
00:30:09,560 --> 00:30:11,960
Speaker 5: How about this Felika guy, the bear He told us that,

668
00:30:12,040 --> 00:30:14,320
Speaker 5: you know, a hard nine on the unders, you know,

669
00:30:14,400 --> 00:30:16,600
Speaker 5: for cakes in the World Cup final and it went

670
00:30:16,680 --> 00:30:17,080
Speaker 5: way over.

671
00:30:17,240 --> 00:30:18,480
Speaker 4: I mean he's not good at this, is he?

672
00:30:18,880 --> 00:30:18,920
Speaker 7: No?

673
00:30:19,720 --> 00:30:21,800
Speaker 2: I'll be honestly, I don't know him.

674
00:30:21,880 --> 00:30:24,880
Speaker 4: So, okay, you're not missing much. Let me tell you

675
00:30:25,040 --> 00:30:26,680
Speaker 4: yet he's costing me money.

676
00:30:26,720 --> 00:30:29,520
Speaker 6: Billy, What about Drake? What do you think about Drake's

677
00:30:29,560 --> 00:30:30,280
Speaker 6: sports bets?

678
00:30:31,440 --> 00:30:34,600
Speaker 7: I only know about what I read, and I ripped

679
00:30:34,640 --> 00:30:37,480
Speaker 7: a couple three things about those, and it seems like

680
00:30:37,600 --> 00:30:40,040
Speaker 7: he likes to play, and it looks like he plays

681
00:30:40,120 --> 00:30:43,760
Speaker 7: high so, but I don't know much about his successful failure.

682
00:30:44,760 --> 00:30:47,840
Speaker 5: The new book is out, it's fascin. Your story is fascinating,

683
00:30:47,880 --> 00:30:49,240
Speaker 5: Billy Gambler's Secrets for.

684
00:30:49,320 --> 00:30:50,200
Speaker 4: My Life at Risk.

685
00:30:50,920 --> 00:30:53,440
Speaker 5: I'm certain you've heard Chris Russo by Now, what do

686
00:30:53,480 --> 00:30:57,240
Speaker 5: you make of Russo getting upset? I mean, just taking

687
00:30:57,360 --> 00:31:00,120
Speaker 5: a flamethrower to you, Billy, because he feels like he

688
00:31:00,240 --> 00:31:02,040
Speaker 5: used Phil Micholson to sell a book.

689
00:31:02,960 --> 00:31:07,160
Speaker 7: Well, evidently mister Russo didn't read my book. First of all,

690
00:31:07,320 --> 00:31:09,360
Speaker 7: any and all the any and all the money that

691
00:31:09,480 --> 00:31:11,800
Speaker 7: I heard from the book, one hundred percent of us

692
00:31:11,840 --> 00:31:16,400
Speaker 7: going to charity, and secondarily, anyone.

693
00:31:16,080 --> 00:31:18,840
Speaker 2: Who knows me, I don't need to make any money

694
00:31:18,840 --> 00:31:19,320
Speaker 2: in the book.

695
00:31:20,320 --> 00:31:22,520
Speaker 7: I did this book for the reasons that I pointed out,

696
00:31:22,760 --> 00:31:25,240
Speaker 7: and if he knew the facts in regards to mine

697
00:31:25,240 --> 00:31:28,760
Speaker 7: and Phil's relationship, he could understand why I had to

698
00:31:28,840 --> 00:31:31,920
Speaker 7: explain it in the book. I believe I would have

699
00:31:32,000 --> 00:31:34,680
Speaker 7: never gone to prison, and Philip came forward and testified

700
00:31:35,240 --> 00:31:38,520
Speaker 7: while I was in prison, my daughter committed suicide.

701
00:31:39,400 --> 00:31:43,120
Speaker 2: So if he read the book, I think he could.

702
00:31:42,920 --> 00:31:46,320
Speaker 7: Probably understand a little clear what my motivation was for

703
00:31:46,440 --> 00:31:50,240
Speaker 7: writing the book, whether it be my early childhood, my

704
00:31:50,400 --> 00:31:55,960
Speaker 7: early gambling career, when I was addicted, to the foreign

705
00:31:55,960 --> 00:31:59,240
Speaker 7: indictments that I went through for being a better and

706
00:31:59,400 --> 00:32:02,360
Speaker 7: then and then going to federal prison. If he reaches

707
00:32:02,480 --> 00:32:05,840
Speaker 7: details of that, I think you'll see pretty clearly where

708
00:32:05,920 --> 00:32:08,280
Speaker 7: I wrote it, and he'll understand if he reads a

709
00:32:08,320 --> 00:32:11,960
Speaker 7: book that I didn't need Phil Micholson's.

710
00:32:12,480 --> 00:32:15,160
Speaker 2: To help me sell any books.

711
00:32:15,640 --> 00:32:16,480
Speaker 4: Have you heard from Phil?

712
00:32:17,560 --> 00:32:19,480
Speaker 2: No, Well, since I got out of prison, I heard

713
00:32:19,520 --> 00:32:20,360
Speaker 2: from me. One time.

714
00:32:20,600 --> 00:32:22,680
Speaker 7: I was at a club that were both members at

715
00:32:23,200 --> 00:32:24,960
Speaker 7: and I was hitting balls on the range and I

716
00:32:25,120 --> 00:32:27,520
Speaker 7: was headed to my car, and he walked up to

717
00:32:27,720 --> 00:32:30,400
Speaker 7: me with a big smile on his face. And this

718
00:32:30,600 --> 00:32:32,680
Speaker 7: was the first time I seen him since I got

719
00:32:32,760 --> 00:32:35,080
Speaker 7: out of prison. I didn't hear from him one time

720
00:32:35,160 --> 00:32:39,000
Speaker 7: in prison, even when my daughter committed suicide. He walks

721
00:32:39,080 --> 00:32:40,880
Speaker 7: up and he said, Oh, it's so good to see you.

722
00:32:41,040 --> 00:32:44,400
Speaker 7: I'm so glad you're b playing golf. And we had

723
00:32:44,440 --> 00:32:46,960
Speaker 7: a few other private words and that was the last

724
00:32:47,000 --> 00:32:49,640
Speaker 7: time I spoken to him, and probably it will be

725
00:32:49,720 --> 00:32:50,760
Speaker 7: the last time I was free.

726
00:32:52,000 --> 00:32:53,680
Speaker 5: If you wouldn't mind, Billy, I'd love for you to

727
00:32:53,760 --> 00:32:56,440
Speaker 5: explain the nature of your relationship with Phil, Like the

728
00:32:56,480 --> 00:32:58,760
Speaker 5: first time you met him, What was your impression of him?

729
00:32:58,760 --> 00:32:59,800
Speaker 4: How'd you guys get connected.

730
00:33:00,640 --> 00:33:02,840
Speaker 7: I played in the AT and T in two thousand

731
00:33:02,840 --> 00:33:04,840
Speaker 7: and six and I made the cut and I was

732
00:33:04,920 --> 00:33:09,440
Speaker 7: playing on Sunday. My partner was Freddie Akatucon and Phil

733
00:33:09,920 --> 00:33:12,000
Speaker 7: was playing with Steve Lyons, who was at the Fort

734
00:33:12,080 --> 00:33:15,240
Speaker 7: Motor Company to time over his sponsors. And the entire

735
00:33:15,360 --> 00:33:19,640
Speaker 7: round of golf. You know, he talked to me the

736
00:33:19,840 --> 00:33:22,440
Speaker 7: entire round and there's nothing it was all about sports,

737
00:33:23,080 --> 00:33:26,480
Speaker 7: and it was clearly he knew who I was, and

738
00:33:26,560 --> 00:33:29,000
Speaker 7: of course I knewho he was, and I never saw

739
00:33:29,080 --> 00:33:32,560
Speaker 7: him again until two thousand and eight and I played

740
00:33:32,600 --> 00:33:36,200
Speaker 7: in the Wacoba Championship. I was invited there by Walkovi,

741
00:33:36,280 --> 00:33:39,320
Speaker 7: a bank because I was a client, and I played

742
00:33:39,360 --> 00:33:42,040
Speaker 7: the program with Jim Ferrick and I came in after

743
00:33:42,120 --> 00:33:44,400
Speaker 7: the round. I walked in the locker room and Phil

744
00:33:44,440 --> 00:33:47,720
Speaker 7: approached me again and he said, I understand and do partnerships.

745
00:33:48,160 --> 00:33:50,240
Speaker 7: And I said, yeah, I do partnerships with lots of

746
00:33:50,320 --> 00:33:52,680
Speaker 7: people under certain circumstances.

747
00:33:53,000 --> 00:33:54,680
Speaker 2: And I explained to him what they were.

748
00:33:55,320 --> 00:33:59,760
Speaker 7: And then after redeveloped a partnership, it was a betting partnership.

749
00:34:00,240 --> 00:34:02,840
Speaker 7: In the lasted five years we had a friendship, but

750
00:34:03,240 --> 00:34:06,120
Speaker 7: I felt like we were friends for eight years. And

751
00:34:06,920 --> 00:34:09,359
Speaker 7: you know, I kind of I think I'm a pretty

752
00:34:09,360 --> 00:34:12,400
Speaker 7: good judge of character, and I think that's probably what

753
00:34:13,280 --> 00:34:16,520
Speaker 7: disappointed me. Hurt me the worst, because I thought he

754
00:34:16,800 --> 00:34:18,399
Speaker 7: First of all, I thought he was a stand up guy.

755
00:34:18,800 --> 00:34:22,360
Speaker 7: I've been around him enough and I thought he was

756
00:34:22,400 --> 00:34:27,320
Speaker 7: a stand up guy, really did. And then this issue

757
00:34:27,400 --> 00:34:29,760
Speaker 7: came up with this investigation in the sold the District

758
00:34:29,800 --> 00:34:34,279
Speaker 7: of New York and inside of trade, and you know,

759
00:34:34,680 --> 00:34:38,600
Speaker 7: in that court case to the biggest mistake I made

760
00:34:38,960 --> 00:34:43,000
Speaker 7: in retrospect after playing thirty one months of Moneymoon a quarterback,

761
00:34:43,480 --> 00:34:46,560
Speaker 7: I wish I had testify, but I didn't, And I

762
00:34:46,640 --> 00:34:47,400
Speaker 7: canna explain.

763
00:34:47,160 --> 00:34:47,880
Speaker 2: To you why I didn't.

764
00:34:47,920 --> 00:34:50,840
Speaker 8: You know, when the trial was coming to an end with.

765
00:34:50,960 --> 00:34:54,520
Speaker 7: The prosecution, there was only one witness against me, and

766
00:34:54,680 --> 00:34:58,520
Speaker 7: this guy his name is Tom Davis. Two years before this,

767
00:34:58,800 --> 00:35:01,640
Speaker 7: he had volunteered in for the SEC and the FBI

768
00:35:02,200 --> 00:35:04,600
Speaker 7: and told them emphatically, I did not give him any

769
00:35:04,640 --> 00:35:08,040
Speaker 7: inside of relation. After that, they learned he had a

770
00:35:08,120 --> 00:35:10,759
Speaker 7: double money for a better women's charity he had found

771
00:35:10,760 --> 00:35:13,680
Speaker 7: and fells on tax return and he'd actually given someone

772
00:35:13,719 --> 00:35:17,560
Speaker 7: else inside of relation. So two years later, he and

773
00:35:17,640 --> 00:35:21,279
Speaker 7: his lawyers the other district. So he goes up there

774
00:35:21,320 --> 00:35:23,680
Speaker 7: and he gets a former prosecutor at least, and he

775
00:35:23,800 --> 00:35:27,040
Speaker 7: makes it the I the Southern District. It took him

776
00:35:27,200 --> 00:35:30,360
Speaker 7: twenty nine meetings with the FBI and the Southern District

777
00:35:30,440 --> 00:35:33,359
Speaker 7: to get their story straight. Okay, that was the only

778
00:35:33,520 --> 00:35:35,000
Speaker 7: witness that there was against me.

779
00:35:35,560 --> 00:35:38,080
Speaker 2: Okay, prior to going to New York, I knew every

780
00:35:38,200 --> 00:35:41,279
Speaker 2: fact about the case I was involved with. I may

781
00:35:41,360 --> 00:35:42,600
Speaker 2: not be the smartest man in the world.

782
00:35:42,640 --> 00:35:44,839
Speaker 8: But I'm not stupid. If I'd been guilty, I thought

783
00:35:44,880 --> 00:35:45,839
Speaker 8: I was guilty.

784
00:35:46,000 --> 00:35:48,240
Speaker 7: I would have keep argued. I would have paid a fine.

785
00:35:48,239 --> 00:35:50,200
Speaker 7: I would have taken a reduced sentence. I wouldn't have

786
00:35:50,200 --> 00:35:51,920
Speaker 7: got a raft, but I would have done those things

787
00:35:51,960 --> 00:35:55,719
Speaker 7: and saved some money and possibly not got as much

788
00:35:55,800 --> 00:35:56,440
Speaker 7: time as I did.

789
00:35:57,080 --> 00:35:57,640
Speaker 2: I went there.

790
00:35:58,000 --> 00:35:59,799
Speaker 8: I've been in federal court a number of.

791
00:36:00,400 --> 00:36:02,800
Speaker 7: I thought I understood that process. As my lawyers in

792
00:36:02,880 --> 00:36:07,000
Speaker 7: Las Vegastan, we really didn't understand how things work in

793
00:36:07,040 --> 00:36:10,239
Speaker 7: feederal Portland Southern District. And but once we got there,

794
00:36:11,040 --> 00:36:14,560
Speaker 7: the lawyers who were represented me with a poor end

795
00:36:14,560 --> 00:36:16,799
Speaker 7: of the trial, they said, look, we had twenty three

796
00:36:16,840 --> 00:36:21,080
Speaker 7: witnesses a call and including me, and they said, look,

797
00:36:21,160 --> 00:36:24,000
Speaker 7: we've got this case for him. Uh, this guy has

798
00:36:24,080 --> 00:36:26,359
Speaker 7: no credibility. And they were right about that. I watched

799
00:36:26,400 --> 00:36:28,000
Speaker 7: it every day. They caught the guy in at least

800
00:36:28,040 --> 00:36:31,520
Speaker 7: twenty five lives and they said, if Jerry can't leave

801
00:36:31,600 --> 00:36:33,000
Speaker 7: this guy, they cannot convict you.

802
00:36:33,960 --> 00:36:39,560
Speaker 2: And so I agreed to them. It was my choice.

803
00:36:39,600 --> 00:36:41,799
Speaker 7: It was my final choice. I said, Okay, we've been

804
00:36:41,840 --> 00:36:44,840
Speaker 7: in trial for three and ninth weeks too. They stopped

805
00:36:44,880 --> 00:36:49,520
Speaker 7: the trial. Multiple occasions, people were sleeping. One of Jersey.

806
00:36:49,360 --> 00:36:51,160
Speaker 8: Said next week he was out of there. He has

807
00:36:51,200 --> 00:36:53,480
Speaker 8: something he had to go do. He was in It

808
00:36:53,719 --> 00:36:56,840
Speaker 8: was a weather beun horrible. Uh, and there was a

809
00:36:57,080 --> 00:37:01,080
Speaker 8: holiday weekend coming up, and so that a decision we made.

810
00:37:01,760 --> 00:37:04,640
Speaker 7: I didn't testify. We wrapped it up. Bottom line is,

811
00:37:05,239 --> 00:37:07,240
Speaker 7: if you can't believe him, there's no way you convent

812
00:37:07,360 --> 00:37:13,320
Speaker 7: mister Walker here what the facts are. But anyway, the prosecutors, frankly,

813
00:37:13,400 --> 00:37:16,919
Speaker 7: I think they did a much better job of trying

814
00:37:16,960 --> 00:37:20,200
Speaker 7: the case and my lawyers did. At the ten trades

815
00:37:20,239 --> 00:37:22,719
Speaker 7: that I made, there were four trades in those ten

816
00:37:22,800 --> 00:37:26,160
Speaker 7: trades I made that suspicious work. And if you didn't

817
00:37:26,200 --> 00:37:31,200
Speaker 7: understand the background detaning those trades, you know, I can

818
00:37:31,280 --> 00:37:34,279
Speaker 7: see if those questions were answered, how someone could think

819
00:37:34,320 --> 00:37:37,640
Speaker 7: there was something there. But the guy who was alleged

820
00:37:37,680 --> 00:37:40,320
Speaker 7: all these things, they caught him in twenty five lives.

821
00:37:40,680 --> 00:37:43,520
Speaker 7: How all this stock off alone for ten years, And

822
00:37:43,600 --> 00:37:45,279
Speaker 7: there was nothing I did with this stock that I

823
00:37:45,360 --> 00:37:48,200
Speaker 7: hadn't done with one hundred other stocks, including the amount

824
00:37:48,200 --> 00:37:51,600
Speaker 7: of money I invested out of the stock for ten years.

825
00:37:51,640 --> 00:37:54,440
Speaker 7: I never short of the stock for one time. This

826
00:37:54,600 --> 00:37:57,120
Speaker 7: guy was on the board of another public a traded

827
00:37:57,160 --> 00:38:00,480
Speaker 7: company at the same time, a company called Affirmative Insurance.

828
00:38:01,200 --> 00:38:03,960
Speaker 7: I saw my last five hundred thousand shares of DOC

829
00:38:04,040 --> 00:38:06,920
Speaker 7: in that company for one cent after I went bankrupt.

830
00:38:07,440 --> 00:38:09,720
Speaker 2: And this man is supposed to be giving me inside information.

831
00:38:10,640 --> 00:38:13,200
Speaker 7: So anyway, that's what the facts were in retrospect, Like

832
00:38:13,239 --> 00:38:16,600
Speaker 7: I said, and yeah, they asked me this, but here's

833
00:38:16,600 --> 00:38:17,600
Speaker 7: what I really think of.

834
00:38:18,400 --> 00:38:21,040
Speaker 2: You know, I was portrayed to the jury.

835
00:38:21,400 --> 00:38:24,040
Speaker 7: I was a wealthy guy for Las Sagers, who had

836
00:38:24,080 --> 00:38:28,360
Speaker 7: a private airplane, who had multiple homes, and they didn't

837
00:38:28,400 --> 00:38:30,759
Speaker 7: know me. I never got up, I never testified. They

838
00:38:30,800 --> 00:38:33,120
Speaker 7: never understood me my background or how I got to

839
00:38:33,280 --> 00:38:35,120
Speaker 7: where I got to. And I think there was a

840
00:38:35,160 --> 00:38:38,560
Speaker 7: certain amount of resentment there because again I was a

841
00:38:38,600 --> 00:38:40,880
Speaker 7: wealthy guy, I had a private airplane, in multiple homes,

842
00:38:41,239 --> 00:38:43,880
Speaker 7: regardless of how I got them. They were just I

843
00:38:43,960 --> 00:38:46,920
Speaker 7: think there was some of that also that was probably involved.

844
00:38:47,880 --> 00:38:50,560
Speaker 5: Billy, one word to describe Phil Nicholson. You have one word.

845
00:38:50,600 --> 00:38:52,480
Speaker 5: I know it's a tough spot, but what word you're

846
00:38:52,480 --> 00:38:52,800
Speaker 5: going with?

847
00:38:53,560 --> 00:38:54,480
Speaker 2: Disingenuous?

848
00:38:55,080 --> 00:38:58,680
Speaker 4: Really, Okay, how much money did did you take from Phil?

849
00:38:59,640 --> 00:39:01,640
Speaker 7: Already didn't take any money from Phil. Phil and I

850
00:39:01,719 --> 00:39:04,640
Speaker 7: made money together. We were partners spending sports and we

851
00:39:04,760 --> 00:39:07,319
Speaker 7: made money. Is until the bookmakers cut us off.

852
00:39:07,520 --> 00:39:10,400
Speaker 4: And then, Uh, you know how much did film make

853
00:39:10,440 --> 00:39:11,160
Speaker 4: off of you, Billy?

854
00:39:12,000 --> 00:39:12,920
Speaker 2: Well, that part I don't know.

855
00:39:13,040 --> 00:39:15,920
Speaker 7: I mean, he might have made I'm just guessing a

856
00:39:15,960 --> 00:39:17,960
Speaker 7: couple of million bucks or something, but I don't I

857
00:39:18,000 --> 00:39:19,120
Speaker 7: don't know the exact number.

858
00:39:19,480 --> 00:39:21,359
Speaker 5: But you guys were winning so much as a team

859
00:39:21,520 --> 00:39:23,480
Speaker 5: that the bookmaker started to cut you off, is what

860
00:39:23,520 --> 00:39:23,919
Speaker 5: you're saying.

861
00:39:24,040 --> 00:39:24,640
Speaker 2: Well, what happened.

862
00:39:24,680 --> 00:39:27,400
Speaker 7: He did these accounts before or before I started at

863
00:39:27,440 --> 00:39:30,760
Speaker 7: any accounts, and I thought I understood his patterned because

864
00:39:30,760 --> 00:39:31,600
Speaker 7: he explained.

865
00:39:31,239 --> 00:39:31,600
Speaker 2: It to me.

866
00:39:31,840 --> 00:39:34,960
Speaker 7: But later on, after the fact, what I learned was

867
00:39:35,560 --> 00:39:37,960
Speaker 7: his pattern he was making a lot more best than

868
00:39:38,000 --> 00:39:41,040
Speaker 7: I reasonally thought. He was doing some things that you know,

869
00:39:41,120 --> 00:39:43,600
Speaker 7: a bookmaker could recognize the difference.

870
00:39:43,280 --> 00:39:45,080
Speaker 2: Between what he was doing and what I was doing.

871
00:39:45,200 --> 00:39:47,480
Speaker 7: I kept we kept the counts for I know, six

872
00:39:47,600 --> 00:39:50,400
Speaker 7: eight months, and then finally the bookmakers told him, you know,

873
00:39:50,560 --> 00:39:54,080
Speaker 7: we're cutting these closing these accounts down, but if you want.

874
00:39:54,000 --> 00:39:55,759
Speaker 2: To come back and start better this, ye're welcome to

875
00:39:55,880 --> 00:39:58,000
Speaker 2: any time. And he did.

876
00:39:58,640 --> 00:40:02,400
Speaker 7: After after we he discontinued our partnership with those two bookmakers.

877
00:40:02,760 --> 00:40:05,440
Speaker 7: He opened up an account with another book marker he'd

878
00:40:05,480 --> 00:40:07,760
Speaker 7: had for some period of time that was a dormant

879
00:40:07,800 --> 00:40:10,680
Speaker 7: one after we lost those two, and we continued.

880
00:40:10,239 --> 00:40:11,200
Speaker 2: All our partnership.

881
00:40:12,760 --> 00:40:16,759
Speaker 5: Fascinating stuff. New book Gambler Secrets from a Life at Risks.

882
00:40:17,120 --> 00:40:20,960
Speaker 5: Billy Walters, who is the Michael Jordan of gambling, joining

883
00:40:21,000 --> 00:40:23,920
Speaker 5: us here on stup potty. A final question for you,

884
00:40:24,040 --> 00:40:26,239
Speaker 5: Because we are amateur gamblers, we are bad.

885
00:40:26,320 --> 00:40:28,440
Speaker 4: I buy hooks when it's one and a half just

886
00:40:28,520 --> 00:40:29,879
Speaker 4: to get it down to one, and then I picked

887
00:40:29,920 --> 00:40:32,239
Speaker 4: the team by eight. As Billy pointed out earlier.

888
00:40:32,360 --> 00:40:35,880
Speaker 5: Your best bet, like season totals, wins team to the

889
00:40:35,960 --> 00:40:39,080
Speaker 5: super Bowl. Billy Walter's two best bets headed into the

890
00:40:39,200 --> 00:40:40,160
Speaker 5: NFL season.

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00:40:40,920 --> 00:40:43,480
Speaker 2: Well again, as I go into the book, and.

892
00:40:45,600 --> 00:40:48,000
Speaker 7: To me, it's all about Bayue and I do handicap,

893
00:40:48,120 --> 00:40:51,239
Speaker 7: and the way it works for me is, you know,

894
00:40:51,880 --> 00:40:53,400
Speaker 7: I come up with the prediction of my own and

895
00:40:53,400 --> 00:40:56,920
Speaker 7: I bet my opinion against the bookmaker's opinion, and I

896
00:40:58,000 --> 00:40:59,000
Speaker 7: what the two best bets are.

897
00:40:59,080 --> 00:40:59,680
Speaker 2: I can't kill.

898
00:40:59,640 --> 00:41:02,680
Speaker 7: People general what your two best bets are, because I mean,

899
00:41:04,200 --> 00:41:05,960
Speaker 7: you know, I don't you know, it's not just what

900
00:41:06,080 --> 00:41:07,879
Speaker 7: I do. I don't sell picks and I'm not trying

901
00:41:07,920 --> 00:41:11,520
Speaker 7: to hustle people. So uh, all I would say you

902
00:41:11,719 --> 00:41:13,680
Speaker 7: is do your homework and a.

903
00:41:13,719 --> 00:41:14,520
Speaker 2: Couple other things.

904
00:41:15,800 --> 00:41:19,200
Speaker 7: STU to me. If you're betting sports, uh, I think

905
00:41:19,480 --> 00:41:21,839
Speaker 7: you know you need to set aside how much money

906
00:41:21,960 --> 00:41:25,360
Speaker 7: you can afford to to to bet. You know, you

907
00:41:25,440 --> 00:41:28,759
Speaker 7: need to come up with a betting strategy. You need

908
00:41:28,800 --> 00:41:32,000
Speaker 7: to come up you know, follow the money management system

909
00:41:32,239 --> 00:41:36,000
Speaker 7: and uh, and don't chase losses because you're loser. I mean,

910
00:41:36,080 --> 00:41:40,280
Speaker 7: don't don't let you take because you lost three games

911
00:41:40,320 --> 00:41:42,480
Speaker 7: on something you like and there's one Sunday night you've

912
00:41:42,520 --> 00:41:45,040
Speaker 7: got no opinion at all, but you're stuck and you're

913
00:41:45,080 --> 00:41:47,480
Speaker 7: going to develop and catch up. So that's the kind

914
00:41:47,520 --> 00:41:51,040
Speaker 7: of stuff, uh, that will really get you in trouble.

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00:41:51,280 --> 00:41:56,560
Speaker 5: And Billy, you have never after a long Saturday of losing,

916
00:41:56,640 --> 00:41:58,800
Speaker 5: you've never bet the Hawaii Rainbows, because I'm telling you,

917
00:41:58,880 --> 00:42:00,000
Speaker 5: you haven't lived unless you've done it.

918
00:42:00,280 --> 00:42:03,319
Speaker 7: I mean, I've been on the y Rainbows a lot

919
00:42:03,400 --> 00:42:05,800
Speaker 7: of times, and I've been up relate at night watching

920
00:42:05,840 --> 00:42:08,320
Speaker 7: the bus, but I never did it because I was

921
00:42:08,360 --> 00:42:12,360
Speaker 7: a loser. I actually liked the game, right, yeah, I

922
00:42:12,480 --> 00:42:16,680
Speaker 7: like the game and the bulls were fun to watch.

923
00:42:17,120 --> 00:42:19,759
Speaker 5: Yeah all right, Billy, we appreciate the time. It's a

924
00:42:19,800 --> 00:42:23,160
Speaker 5: fascinating story on the way out here. Please promote your books,

925
00:42:23,160 --> 00:42:24,440
Speaker 5: sell the book, watching people buy this.

926
00:42:25,280 --> 00:42:27,520
Speaker 2: Thank you. You guys are my kind of guys. Thank

927
00:42:27,560 --> 00:42:28,120
Speaker 2: you very much.

928
00:42:28,760 --> 00:42:31,719
Speaker 7: What do you mean by that, Billy, Well, I mean

929
00:42:31,800 --> 00:42:34,359
Speaker 7: you actually know you know what you're talking about, you guys,

930
00:42:36,040 --> 00:42:37,200
Speaker 7: and you're a lot of fun to be with.

931
00:42:37,560 --> 00:42:39,160
Speaker 4: Thank you, Well, we appreciate that.

932
00:42:39,239 --> 00:42:42,920
Speaker 5: Feel better, Gambler, Secret from a Life at Risk Billy Walters,

933
00:42:43,120 --> 00:42:45,359
Speaker 5: You've done a tremendous job selling this book. Okay, because

934
00:42:45,560 --> 00:42:47,480
Speaker 5: like I don't read, but I'm kind of into this. Okay,

935
00:42:47,600 --> 00:42:50,560
Speaker 5: so excellent job by you. Start feel better. We appreciate

936
00:42:50,600 --> 00:42:50,879
Speaker 5: the time.

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00:42:51,040 --> 00:42:52,520
Speaker 2: Thank you, Still, good luck to you, guys.