Phil Mickelson Gambled More Than $1 Billion and Lost $100 Million on Bets, According to a New Book

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Phil Mickelson Gambled More Than $1 Billion and Lost $100 Million on Bets, According to a New Book
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Walters and Mickelson met at the 2006 AT&T Pebble Beach Pro-Am and formed a betting partnership in 2008. In his book, Walters says that from 2010 to 2014, Mickelson made 858 bets of $220,000 and 1,115 bets of $110,000. In the past three decades, the pro gambler estimates that the golfer lost about $100 million. “The only other person I know who surpassed that kind of volume is me,” Walters writes.

“I never bet on the Ryder Cup,” he said in a statement. “While it is well known that I always enjoy a friendly wager on the course, I would never undermine the integrity of the game. I have also been very open about my gambling addiction. I have previously conveyed my remorse, took responsibility, have gotten help, have been fully committed to therapy that has positively impacted me and I feel good about where I am now.

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