New Guide on Phil Mickelson’s Playing Provides Rationalization for LIV Loyalty

A brand new guide containing alleged particulars about Phil Mickelson’s sports activities playing over the previous three a long time might provide a proof as to why the previous PGA Tour famous person was prepared to defect to LIV Golf and why he has remained so loyal to the Saudi-backed circuit.
In keeping with an excerpt from his forthcoming guide, Gambler: Secrets and techniques from a Lifetime of Threat, which was first printed Thursday by the Fireplace Pit Collective, skilled gambler Billy Walters and Mickelson teamed as much as make huge offshore bets utilizing the latter’s title and the previous’s data. Because of that relationship, Walters obtained an inside have a look at the best way Mickelson wager and the way a lot was prepared to wager — and lose.
Walters, who has the fame of being one of the skilled sports activities gamblers in America, claims Mickelson was practically his equal in wagering urge for food and alleges the 53-year-old golfer has wager a complete of no less than $1 billion with losses reaching as a lot as $100 million.
“Phil preferred to gamble as a lot as anybody I’ve ever met,” Walters writes. “Frankly, given Phil’s annual revenue and web value on the time, I had no issues along with his betting. And nonetheless don’t. He’s a big-time gambler, and big-time gamblers make massive bets. It’s his cash to spend how he desires.”
One wager Mickelson allegedly wished to make that Walters did have an issue with dates again to September 2012. In keeping with Walters, Mickelson referred to as him from Medinah Nation Membership in the course of the thirty ninth Ryder Cup and requested Walters to put a $400,000 wager for him on the U.S. workforce (that he was enjoying on) to win. Walters claims cited Pete Rose and scolded Mickelson for contemplating such a wager. He additionally says he doesn’t know if it was positioned elsewhere.
Per the excerpt, the Walters-Mickelson partnership fell aside in 2014. Afterward, Walters poked round and spoke with two “very dependable sources” who mentioned “it was nothing for Phil to wager $20,000 a recreation on long-shot, five-team NBA parlays or wager $100,000 or $200,000 a recreation on soccer, basketball, and baseball.”
Walters additionally affords the next bullet factors that sum up Mickelson’s wagering habits between 2010 and 2014:
- He wager $110,000 to win $100,000 a complete of 1,115 instances.
- On 858 events, he wager $220,000 to win $200,000. (The sum of these 1,973 gross wagers got here to greater than $311 million.)
- In 2011 alone, he made 3,154 bets — a median of practically 9 per day.
- On sooner or later in 2011 (June 22), he made 43 bets on MLB video games, leading to $143,500 in losses.
- He made a staggering 7,065 wagers on soccer, basketball, and baseball.
If the allegations are true, Mickelson misplaced way over the $40 million determine that was reported final Could. Losses of $100 million or extra would definitely be an excellent cause for Mickelson to take an estimated $200 million to hitch LIV Golf and defend the upstart collection towards all comers.
In his biography of Mickelson, Phil: The Rip-Roaring (and Unauthorized!) Biography of Golf’s Most Colourful Celebrity, golf author Alan Shipnuck prompt as a lot. “Mickelson’s love of playing is key to understanding his fashion of play as a golfer,” Shipnuck writes. “It may also clarify the Saudi seduction. Primarily based on his feedback to me, he clearly loved the thought of sticking it to the PGA Tour, however the true motivation was plainly the humorous cash being provided by the Saudis.”
Sounds about proper.
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