Phil Mickelson has wagered more than $1 billion, according to book by renowned gambler Billy Walters

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Phil Mickelson has wagered more than $1 billion, according to book by renowned gambler Billy Walters
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Mickelson's betting numbers are staggering.

He said he ended his betting partnership with Mickelson in 2014. Two years later, Walters was indicted in an insider trading case that partly involved stock tips prosecutors said he illegally passed to Mickelson. Mickelson was never charged but had to repay about $1 million he made off a stock deal. Walters was convicted and sentenced to five years in prison. He claims he could have avoided prison if Mickelson had told a “simple truth.

Walters said Mickelson told him he had two offshore accounts, and that Mickelson had limits of $400,000 on college games and $400,000 on the NFL. — Mickelson in 2011 made 3,154 bets for the year and on one day he placed 43 bets on Major League Baseball games that resulted in $143,500 in losses.“Based on our relationship and what I’ve since learned from others, Phil’s gambling losses approached not $40 million as has been previously reported, but much closer to $100 million. In all, he wagered a total of more than $1 billion during the past three decades,” Walters wrote.

Most stunning to Walters, he writes in the excerpt, was a phone call from the Ryder Cup in 2012 at Medinah. He said Mickelson was so confident he asked Walters to bet $400,000 for him on the U.S. winning. Rory McIlroy, at odds with Mickelson over the divide between the PGA Tour and LIV Golf, couldn’t resist a dig at Lefty over the claims in the book.

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