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The James Altucher Show

The World's Most Successful Gambler | Billy Walters

The James Altucher Show

James Altucher

Education, Business

4.62.7K Ratings

🗓️ 28 September 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

Today, we speak to a gambler with a 36-year winning streak, the man who is arguably the most successful and controversial gambler alive, Billy Walters!From his roots in extreme poverty to his rise as a revolutionary figure in sports betting, Billy Walters has broken the norms, setting unparalleled records and redefining the realms of sports wagering. He's now sharing his extraordinary experiences and tightly-guarded secrets of his betting system in his revealing memoir "Gambler: Secrets from a Life at Risk". The conversation follows Walters' ascent from an innovative and enterprising car salesman to becoming a revolutionary figure in sports betting, breaking records, overcoming addictions, and his skirmishes with organized crime. We gain a detailed understanding of his proprietary betting system, getting a glimpse of the formulas, point systems, and principles he has refined over the decades. Billy also provides a plethora of advice for aspiring sports wagerers, focusing on maximizing the wealth of information available online to make informed and lucrative wagers.Whether you're intrigued by the tumultuous and triumphant life stories or looking to learn the strategies to bet and win, this episode offers a compelling blend of the gripping, the blistering, and the enlightening, all seen through the eyes of a man who has lived a singular and highly intriguing American life.-----------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

Imagine betting hundreds of millions of dollars on sports over a 36 year period and winning

0:14.0

every year, having a positive record every year.

0:17.0

This guy, Billy Walters, he wrote the book, Gambler, Secrets from a Life at Risk.

0:22.5

He describes completely his method for gambling.

0:25.2

He also talked about stocks and he's got some crazy stories.

0:28.3

He went to jail for insider trading, he hung out with Carl Icon, he's hung out with

0:32.4

the best poker players in the world and just insane stories from the gambling world.

0:37.7

And I always wanted to talk to him, he wrote this great book, I read the book and I said

0:41.1

we got to get this guy on the podcast, he came on, he's made hundreds of millions of dollars

0:45.5

gambling and I want to do that too.

0:48.0

Here's Billy Walters.

0:50.0

This isn't your average business podcast and he's not your average host.

0:57.9

This is the James Altiger show.

1:02.8

Billy, I really enjoy the book, Gambler, Secrets from a Life at Risk, thank you for coming

1:13.8

on the podcast.

1:14.8

No, thank you for having me, I appreciate it.

1:18.2

Really, really great book.

1:19.5

I don't even know where to begin.

1:20.9

You've had this almost movie like story as a gambler, a businessman, so many people you've

1:29.4

met from the poker world, the gambling world, the investing world, you spend time in

1:34.4

prison, unfortunately.

1:36.4

Again, I don't know where to begin, but it seems like one thing that fascinated me in

...

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