Paired with Phil Mickelson, Billy Walters won big — and lost bigger

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Paired with Phil Mickelson, Billy Walters won big — and lost bigger
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In his new book, and in an interview with The Post, sports gambling star Billy Walters continues to swing back at his former golfing and betting partner.

Billy Walters has spent a lifetime among pool hustlers, card sharks, Vegas charlatans, down-on-their-luck gamblers and desperate addicts. He has been beaten, cheated, left for broke, chased by law enforcement and busted by ill-fated decisions, bad bets and, once, by a jury of his peers. This is to say he’s plenty familiar with betrayal.Still, he says, there was something different about what golfer Phil Mickelson did to him.

Mickelson was not made available to comment for this story, but his representatives took issue with any suggestion Mickelson could have impacted Walters’s case in any way. A lawyer for Mickelson said none of the counts Walters was convicted of had anything to do with the golfer — four of the 10 were related to a stock Mickelson never touched.

such as casino magnate Jack Binion, billionaire Carl Icahn and former Senate majority leader Harry M. Reid . The prosecutors said Davis provided “highly confidential information,” including sneak previews of a half-dozen quarterly earnings announcements. Davis, who pleaded guilty to insider trading charges and cooperated with the government in Walters’s case, testified that he used a prepaid cellphone, called the “Bat Phone,” and used coded language when speaking with Walters, referring to the Dallas-based company as the Dallas Cowboys in calls.

After less than a day of deliberations, Walters was convicted on all 10 counts he faced, including securities fraud, wire fraud and conspiracy.The government never suggested Mickelson had any knowledge of the source of Walters’s information or that it was obtained dishonestly, and a member of the golfer’s legal team noted Mickelson had no connection to Davis. Mickelson also never invested in another stock, Darden Restaurants, that was part of the case against Walters.

He said he felt Mickelson hasn’t been honest when discussing his gambling habits, that Mickelson was fooling the golf world just as Walters felt he had been duped for so many years.

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