Sports Betting Legend Billy Walters Pardoned by President Trump

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Professional sports bettor and gambling legend Billy Walters has received a last minute pardon from outgoing President Donald Trump.

Walters, 74, had been found guilty in April 2017 of insider trading and was sentenced to five years behind bars. He launched an appeal which made it to the US 2nd Circuit Court of Appeals, but the conviction was ultimately upheld. The US Supreme Court declined to hear the case in October 2019.

The case against Walters generated major headlines due to the high-profile nature of Walters’ acquaintances; professional golfer Phil Mickelson was mentioned for his trades in Dean Foods, and for previously owing Walters $2 million. Mickelson was not criminally charged but later agreed to forfeit $1 million in a civil case brought by the SEC.

Walters served part of his sentence at the Federal Prison Camp in Pensacola, Florida, but was released to home confinement on May 1, 2020 due to the coronavirus pandemic. He had been scheduled to serve out his sentence until January 2022 prior to being pardoned by President Trump.

“I am thankful to the President and extremely grateful for the longstanding support of friends and family, especially my wife, Susan,” said Walters in a statement provided to and published by USA Today.

Billy Walters’ net worth was reported to be $100 million as of 2014. He is best known for joining the Computer Group in the 1980s; a sophisticated group of sports bettors who made millions of dollars by using computer data to analyze sports outcomes. He reportedly had just one losing year betting on sports in nearly forty years of wagering on sports.

RX Forum users were quick to comment on the news as it surfaced earlier. Join the discussion by creating a free RX Forum account.

The 2016 MLB Midseason Bookie Update

At the midway point in the MLB Season, online bookies should be noticing steady action coming in on the World Series favorites. When it comes to pay per head agents and bookies that use per head services, managing all of the World Series wagers is easy. See below for information on where the money is headed.

PayPerHead.com is offering a premium NFL season deal that will let bookies test PayPerHead.com’s premium platform for only $3 per head. That’s a 77% savings bookies will want to get today.

NL Update

The Chicago Cubs just acquired reliever Aroldis Chapman from the New York Yankees. The NL favorite Cubs just went from a 3/1 World Series chalk to a 2/1 or less World Series chalk. Online bookies shouldn’t expect their players to not bet on the Cubs just because of the lower odds. Chapman was the missing cog from the Cubs, the one thing that a lot of MLB bettors believed the Cubs needed in order to ensure a World Series win. Be very careful about taking large bets on the Cubbies to win the World Series.

Odds on the San Francisco Giants and Washington Nationals to win the Fall Classic, the only other 2 teams getting any buzz, are likely to go up slightly. The Giants could pose a problem. Check with your pay per head rep in order to manage odds and large bets on San Francisco. Washington has an outside shot to beat the Cubs and Giants in the NL. If you set a max-betting limit on all 3 teams, you should be okay.

AL Update

The American League is sort of a mess. The favored team to win the AL are the Texas Rangers. At the beginning of the season, Texas was a huge underdog. That’s changed. Texas is now a 3 to 1 chalk to make it to the World Series. The problem with Texas is that both their starting rotation and bullpen have ERAs above 4.

Cleveland is a co-choice to win the AL this season. Cleveland has a dynamite starting rotation, knows how to score runs, and is managed well. Expect professional MLB bettors to jump on the Indians in your future book. As always, manage all MLB betting through per head tools, to keep your book on track.

 

Online bookies that are looking to get ready for the NFL season will want to make the switch to PayPerHead.com’s premium platform for $3 per head to test their industry-leading platform. Try PayPerHead.com today.

MLB Futures Odds: Top Value Teams to Consider for Betting

Doc’s Sports
As the MLB season enters the final week of May, it has recently crossed over the quarter point of its 162-game schedule. Some of the preseason favorites have held their ground through their first 45+ games, but a few contenders have fallen off the pace. Conversely, a few teams that were quickly written off as long shots before they even played their first game are making some early noise in the division standings.

Doc’s Sports has recently updated its MLB Futures Odds to win each division as well as the American and National League Pennant and the World Series. The following is a brief look a few teams that currently offer the best value in their futures odds to win their division race or league pennant.

Los Angeles Angels
The Angels started the season as second or third-favorites to win the AL West behind Oakland and Texas, but through this past Sunday’s games they are just a game and a half behind the Athletics in the standings with an overall record of 28-21. Texas has fallen five games off the pace, followed by Seattle (-5.5) and Houston (-11.5), so this appears to be turning into a two-team race for the division title.

Los Angeles’s current odds to win the AL West are 7/4 as opposed to Oakland’s odds of 2/3. The A’s do have the top team ERA in the American League at 2.90, but the Angels are currently ranked fourth with a team ERA of 3.61. When it comes to scoring runs, these two teams occupy the same exact ranking in the AL, with the A’s pounding out 248 runs so far as compared to the Angels’ 241 total runs. Given the difference in the odds, I am going with Los Angeles in terms of maximizing the value in the numbers.

San Francisco Giants
Switching over to the National League West, the surprising San Francisco Giants have opened up a five-game lead over Colorado in the standings with an overall record of 32-18, which is the best in the majors. They started the season as distant second-favorites to win the division, well behind the heavily-favored Los Angeles Dodgers. The Dodgers are 5.5 games back at 27-24, followed by San Diego (-9.5) and Arizona (-13).

It’s hard to say whether or not the Giants can maintain this blistering pace over the next 110 games or so. This fast start now has them favored over the Dodgers to win the NL West, so some of that value has been drained, but there is some solid value in their current 9/2 odds to win the NL Pennant. San Francisco is ranked fourth in the NL in scoring with an average of 4.2 runs per game, and it is backing that up with a 3.05 team ERA that is ranked second.

Milwaukee Brewers
Few baseball experts had the Brewers taking the early lead in the NL Central after last season’s three-way battle royale to the division title between St. Louis, Pittsburgh and Cincinnati. Some of the bloom is off the rose with Milwaukee after struggling a bit the past few weeks, but it is still holding down the top spot over the Cardinals by a game and half with a record of 30-21. The Reds are 6.5 games back, followed by the Pirates at seven games back. The Chicago Cubs (-10.5) are once again bringing up the rear.

The Brewers’ current odds to keep this ride going all the way to a NL Central title are 7/4 as opposed to the Cardinals’ odds of 5/8 to come out on top again in this division. While I am not all that thrilled at betting against St. Louis and its ability to take control of this race, there is some definite value in Milwaukee’s odds. The Brewers have a respectable team ERA of 3.29, and they are banging out an average of 3.90 runs per game. If they can maintain these numbers as the season wears on, there is no reason they should not stay in the NL Central Division race until the last days of the season.

Doc’s Sports is offering $60 worth of member’s picks absolutely free – no obligation, no sales people – you don’t even have to enter credit card information. You can use this $60 credit any way you please for any handicapper and any sport on Doc’s Sports Advisory Board list of expert sports handicappers. Click here for more details and take advantage of this free $60 picks credit today.