Golf legend Phil Mickelson, known for his incredible achievements on the green, has also dabbled in the world of high-stakes gambling. In a forthcoming book titled "Gambler: Secrets from a Life of Risk," professional gambler and Las Vegas businessman Billy Walters reveals some eye-opening details about Mickelson's gambling habits over the past three decades.
According to Walters, Mickelson placed hundreds of bets with him amounting to exactly $220,000, as well as 1,115 bets totaling precisely $110,000. This sizable gambling portfolio led Walters to estimate that Mickelson has lost over $100 million on his bets during this time. Walters himself, considered one of the most successful professional gamblers in recent history, acknowledges that only he has bet at such a high volume.
Their partnership began after a chance meeting at the 2006 AT&T Pebble Beach Pro-Am. Two years later, Mickelson and Walters formed a betting alliance that would see them taking on risky wagers together. Sharing a mutual passion for sports, Mickelson even asked Walters to place a $400,000 bet on behalf of the U.S. team in the 2012 Ryder Cup—an offer that Walters ultimately declined. It should be noted that PGA Tour players, including Mickelson, are strictly prohibited from wagering on events under the organization's Integrity Program.
While Walters faced legal trouble for insider trading in 2017 and served five years in federal prison, Mickelson found himself named in the same case for benefiting from a stock tip he received from Walters. Although he was not accused of any wrongdoing, Mickelson voluntarily paid back nearly $1 million in earnings derived from the stock tip.
As the August 22 release date for "Gambler: Secrets from a Life of Risk" approaches, fans and readers will surely gain an unparalleled insight into the life of this golf legend and the risky ventures he has explored outside the fairways.
In a shocking turn of events, professional golfer Phil Mickelson finds himself facing scrutiny and criticism due to his involvement in sports gambling. This revelation raises questions about the consequences of his actions and the potential impact on his reputation.
A Troubling Past
Mickelson's history with sports gambling is no secret. In 2015, court filings revealed that he transferred a significant sum of approximately $3 million to an undisclosed "illegal gambling operation." Furthermore, reports from 2007 linked him to an alleged mob bookie, adding fuel to the fire of speculation.
Upon learning of Mickelson's involvement in gambling, there were those who expressed their disbelief and concern. One individual even confronted Mickelson, comparing the situation to the infamous case of Pete Rose, the former Cincinnati Reds manager who was banned from baseball for betting on his own team. The question raised here is whether Mickelson is willing to jeopardize his illustrious reputation, often likened to that of legendary golfer Arnold Palmer, for the sake of his gambling activities.
Silence Speaks Volumes
Despite attempts to gather comments or statements from Mickelson's representatives regarding this matter, no response has been received thus far. The absence of a response leaves room for speculation, leaving many wondering what Mickelson's stance and intentions are regarding the issue.
A Public Confession
In a revealing interview with Sports Illustrated last year, Mickelson acknowledged the rampant speculation surrounding his financial troubles. He openly admitted that his gambling habits had crossed a line of recklessness and embarrassment, forcing him to confront the issue head-on. This confession shed light on the personal struggles Mickelson has faced and the impact it has had on his life.
A Pioneering Move
Last year, Mickelson made headlines when he became one of the first professional golfers to leave the PGA Tour in favor of joining LIV Golf. Reports indicate that he was offered an astounding sum of approximately $200 million to join the Saudi-backed league. This move raised eyebrows within the golfing community, and various tours, including the PGA Tour, the DP World Tour, and the Saudi-backed LIV Golf circuit, eventually reached a significant merger agreement in June. The goal of this unified operation is to bring about a harmonious and cohesive golfing landscape.
The story surrounding Phil Mickelson's involvement in sports gambling continues to captivate audiences and raise important questions. As the rumors swirl and speculation increases, it remains to be seen how this will impact Mickelson's career and reputation going forward. One thing is certain: this gamble has undoubtedly stirred controversy and brought into focus the consequences of such actions.