Billy Walters – The Warren Buffett of Sports Betting Markets

Vegas used to be filled with rumours of a man or group of men – nobody really knew the specifics – that was said to be feared by Vegas bookmakers. This team beat the spread in sporting events as a matter of course, and were wealthy beyond comprehension as a result. In the world of sports gambling, these guys had discovered the Holy Grail. They mystery that surrounded these mystery men made them the whole story so much more intriguing.

That was, until the mystery man was unmasked as Billy Walters, a lifelong gambler and successful investor – and a very wealthy one at that.

Walters’ operation was first disclosed in a book called “The Smart Money” – By Michael Konik. In the book a pseudonym was used for Walters, and the author accounts his experiences running money around Vegas for Walters, betting with the aid of cell phones and walkie talkies, and subsequently getting banned when the sportsbooks discover that the teams and games he is betting are a bit fishy. Understandable, when these games are the hottest syndicate games bet all around Vegas by Walters and his teams of “runners”.

Walters was further introduced to the non-betting public through a story on 60 minutes in January 2011. It is a fascinating interview for both betting and non-betting types, as Walters is a charismatic, raskal type, and 60 minutes do a fantastic job of educating the lay-person in what sportsbetting is and how Walters and his team make money from it.

For sportsbetting fans, this interview is riveting. The seriousness with which Walters and his team attacks sports wagering is impressive and it is clear that huge amounts of money are at stake. Walters moves on his sports teams like a hedge-fund trader moves on a stock at the open of a day’s trading – betting to the house limit when he finds an attractive proposition. The team assembled around this betting operation is vast, runners have codenames and large cash on hand to bet in person at the sportsbook window, and Walters monitors all of these bets and amounts on a computer set-up that has all too many similarities to a hedge-fund manager or a stockbroker at the New York Stock Exchange.

Interestingly, Walters claims that Wall Street types have more to hide and are bigger thieves that those people that he has run into in the gambling world.

Walters was rather secretive about the individuals he has working with him. He claimed to not know the real name of his runners – that may indeed be the case – but he was particularly elusive about the advisors and “brains” behind his brains trust. One individual in particular was a ‘rain-man’ type of intellectual who has an encyclopedic knowledge of college teams and players. Walters reports that this man possessed a brilliant ability to forecast games because of this.

Betting men and women would be well served by watching the interview with Walters, and reading Michael Konik’s “Smart Money”, should they wish to know more about this fascinating character.

Casino Gambling-The Games Gamblers Play

When most people think of Casino gambling, probably the first thing which comes to mind is Las Vegas, or Atlantic City. Imagine of bright lights, the sounds of hustle and bustle, and rows and rows of slot machines often come to mind. This is not all there is to casino gambling. The article will discuss casino gambling, as well as some of the games casino gamblers play.

By definition, an casino is basically a building that accommodated gambling. Patrons are often offered the opportunity to gamble by playing many games of chance, or some of skill also. Casino gambling games most often have mathematically calculated odds that ensures the casino retains at least a small advantage which is referred to as the “edge”.

Slot machines are a common gambling accommodation provided to patrons of most casinos. Slot machines are coin operated gambling apparatus, with three reels that spin when the lever is pulled. Most slot machines have a currency detector installed, that validates the coins inserted for play. Slot machines pay off based on how the three reels stop. Each will has a different pattern or symbol visible on the front, and pay offs are based on these patterns or symbols.

The game of poker is also popular in gambling casinos, and can be played in many different styles. Most commonly, the players in a poker game all have fully, as well as sometimes partially concealed, playing cards, and make bets into a pot based on their cards. The player or players which have the best poker combination of playing cards wins the pot in at the end of each hand.

Many patrons of casinos chose to play a dice game called craps. It is also a very popular game among casino gamblers. All the players in the game have the opportunity to bet money against the casino, gambling on the outcome of the roll or series of rolls. The rules of craps can vary from casino to casino, but there are some that will remain common. There are no strategies involved in betting on craps. Its a game of chance, all based on the outcome of the roll of two dice.

Of all casino gambling games, the roulette wheel is often considered the signature casino gambling game. In the game of roulette, the dealer will spin a roulette wheel. The wheel has 37-38 clearly marked numbered pockets where a ball will stop. The pockets are labeled from 1-36 and are alternated between black and red with number one starting with red. Also there is a green pocket, marked with the number zero. Most roulette wheels used in the USA have an addition green pocket marked 00. Roulette is a complete game of chance, as casino patrons bet on where they think the ball will land when the wheel stops spinning. get more info at [http://www.casinoandsportstalk.com/].

Wisconsin Casinos, The Top Three

I have been gambling in Wisconsin since I was 16 years old! I snuck in for two years straight. After legally gambling at the age of 18 for a few months they moved the age limit up to 21. So I was forced to sneak in for a few more years. I only played blackjack. I hate slots and it would be my luck to hit a jackpot and not be able to claim it because I was under age. So, since the age of 16 I have played at nearly every casino in Wisconsin. I am a diehard gambler and many times when I was just 16 I would drive 2 hrs to Ho Chunk casino. All the time at risk of not getting in as I was only 16!

So lets start with my favorite and move down.

1. Oneida Bingo and Casino in Greenbay WI.

Oneida is like Las Vegas in Wisconsin. Well not quite, but they do have nearly all the games Vegas offers. Blackjack, Craps, Let it Ride, Roulette, Caribbean Stud, Bingo, POKER! And a sports book. Poker and the Sports book are just down the road at their Mason St casino and you can take a shuttle back and forth. Oneida is one of the only casinos in Wisconsin to offer all of these games.

2. Potowotomi Bingo and Casino

The “Pot” has Blackjack and Craps, Let it Ride, Roulette and POKER. They are however always packed. Located near downtown Milwaukee and being a newer casino they are always busy. It can be difficult to get on a table. They do have a nice little poker room. They also have some great food at the “Firepit” sporstbar and grill.

3. HoChunk Bingo and Casino in Wisconsin Dells

“The Chunk” was great for a while. At one time they had the first poker room in Wisconsin. And they had a variety of games for a while. When it came time to pay Uncle Sam they decided it wasn’t worth it. So they lost the poker room and variety of table games. Now they just have Blackjack, Slots and Bingo. It is a great casino to visit when vacationing in the Dells, but if driving from Milwaukee I would choose the 2-hour drive to Oneida over “The Chunk”.

Enjoy

Casino Games With a Skill Element – A New Genre for Millennials While Playing

The reasons for the influx of skill games in casinos today can be summed up in three little words: Millennials, Millennials, Millennials! We all know what happened when casinos noticed in the early 1980’s that more people were playing slots than table games. While the now oldest of the millennials were having their diapers changed, their baby boomer parents were bypassing the blackjack tables to play the one arm bandits, which now account for over 80% of gaming revenue.

Those that were born in the early 1980’s to the late 1990’s are Millennials that grew up playing video games, and the casinos also took notice that this generation didn’t care to sit in front of a machine that did all the work for them in order to win. They want to be involved to make it happen. This led to the introduction of games of skill at the 2016 Global Gaming Expo in Las Vegas.

Two Companies, GameCo and Gamblit Gaming, introduced their wares at the expo and by all accounts, things look very promising for skill-based games. Other companies, Konami, Scientific Games, and Next Gaming are creating their own versions to attract the Gen Y’s.

Here’s a brief look at what could be coming soon to a casino near you:

GameCo Products

Danger Arena

Skill-based Video Game Gambling Machines (VGM), with patented game design, maintain the same return to player as traditional slot machines. Play as Baz or Thyme to conquer Danger Arena. Take out 6 or more Danger Bots and you’re in the money. Eliminate 10 bots for top payout!

Pharaoh’s Secret Temple

The adventure has begun and players must unlock the riches of the Pharaoh’s Secret Temple by matching gems to collect rare treasures before their time is up. Gamble playing this casual video game with awesome boosts, Power-Up Prizes, charms, and Egyptian-themed traps.

Nothin’ but Net – Basketball

Get ready to hit the courts with a new game. Players can choose from a male or female player and have 16 chances to win big. Your skills will be challenged as you test your range from down-low to downtown. Just don’t miss the money ball!

Gamblit Gaming Products

Cannonbeards Treasure

An adventure awaits in the deep blue as 2-4 players engage in a fast-paced game of cards, skill, and naval warfare! Build a hand by grabbing the cards you need and reach the objective first to win a chest of gold! Be careful not to bust lest your opponent’s take the booty! makes for an extremely social, interactive and satisfying experience that will keep players engaged as they lower the sails and take to the seas!

Gamblit Poker

Grab the best poker hand and win big! This game puts a fast paced, irresistibly fun, skill-based spin on the ubiquitous game of poker. This 2-4-person game makes for a highly social, head to head interactive table experience that can result in cash winnings up to 240x your bet! Each player starts with two cards which, as soon as the game begins, are followed by a single deck of cards shown in rapid succession in the middle of the table. Players have to quickly grab the cards they need in order to complete the best possible poker hand. The player with the best hand wins the pot!

Other games of skill that may soon occupy the gaming floors are Terminator 2, Mission Impossible, and Judgment Day

Keep in mind that these, like any other casino game, carry a House Edge.

Good Luck with skill!