Billy Walters holds the reputation of being one of the most controversial and well-heeled sports gamblers in America, and in a new book scheduled for release later this month, he is laying bare his recollections of gambling alongside Phil Mickelson — who apparently matched him in both volume and intensity. Mickelson has bet a total of at least $1 billion, Walters claims, with losses reaching as much as $100 million.
In an excerpt from “Gambler: Secrets from a Life at Risk” released to Fire Pit Collective, Walters details the way he and Mickelson teamed up to make massive offshore bets, using Mickelson's name and Walters' expertise.