Billy Walters alleges that Phil Mickelson called him during the 39th Ryder Cup and asked him to place a $400,000 bet for him on the U.S. team to win.
Here is what Walters alleges Mickelson's betting habits included from 2010-14:Betting $220,000 to win $200,000 858 times.Making 43 bets on June 22, 2011, on MLB games, resulting in $143,500 in losses."The only other person I know who surpassed that kind of volume is me," Walters writes.The book claims that Mickelson first met Walters at the 2006 AT&T Pebble Beach Pro-Am. In 2008, Mickelson approached Walters about forming a betting partnership, the excerpt said.
"In all the decades I've worked with partners and beards, Phil had accounts as large as anyone I'd seen," Walters writes."You don't get those accounts without betting millions of dollars. "Phil liked to gamble as much as anyone I've ever met. Frankly, given Phil's annual income and net worth at the time, I had no problems with his betting. And still don't. He's a big-time gambler, and big-time gamblers make big bets. It's his money to spend how he wants."
Mickelson and Walters ended their partnership in the spring of 2014, according to the book. At that time, federal authorities were looking into a"series of stock trades" that Mickelson and Walters made, according to ESPN.said that Mickelson paid back nearly $1 million and did not face any further discipline. Walters was convicted on charges of conspiracy, securities fraud and wire fraud in 2017 and was sentenced to five years in federal prison. He was also fined $10 million.
"Phil Mickelson, one of the most famous people in the world and a man I once considered a friend, refused to tell a simple truth that he shared with the
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