Phil Mickelson Lost $100M After Tried A Bet On 2012 Ryder Cup

Phil Mickelson responds to gambling charges in a formal statement: “I would never undermine the integrity of the game.”

To address certain information pertaining to his prior history of gambling, Phil Mickelson has released a statement. An excerpt from a book that will be released in two weeks gives the specifics.

Mickelson cited statements made by well-known gambler Billy Walters in his autobiographical book “Gambler: Secrets from a Life at Risk.” The six-time major champion specifically denied outright ever placing a wager on the Ryder Cup result.

I never place a wager on the Ryder Cup. Although it is generally known that I always appreciate a friendly wager on the course, Mickelson stated on Twitter that he would never compromise the integrity of the game. “I’ve also been quite honest about my addiction to gambling. I previously expressed my regret, accepted responsibility, sought help, and gave my whole commitment to therapy, all of which have had a great effect on me. I feel good about where I am today,” he continued.

I never place a wager on the Ryder Cup. I usually love a friendly wager on the course, as is generally known, but I would never compromise the fairness of the competition.

In 2022, golf writer Alan Shipnuck released a book titled “Phil: The Rip-Roaring (and Unauthorised!) Biography of Golf’s Most Colourful Superstar.”

He gave Mickelson’s gambling problems a lot of attention in it and included dramatic anecdotes from others who were personally affected by it and were contacted by Shipnuck.

Another book on the topic is published a year later.

Revelations from the Billy Walters segment regarding Phil Mickelson Billy Walters has had a prosperous 30-year career as a sports bettor. His friendship with Phil Mickelson received its own complete chapter in his memoir, which will be released on August 22. On Thursday, a portion of that chapter was made public.

Waltes claims that in 2008, he and Mickelson collaborated to place timed bets and split the profits 50/50. Because of his success, Walters was able to get over the restrictions that bookmakers had placed on him.

In the piece that has been made public, Walters describes how, up until 2014, he collaborated with Mickelson. He predicted that Phil Mickelson will have wagered more than $1 billion between 2010 and 2014, losing roughly $100 million.

But the 2012 Ryder Cup is the most contentious, and that is precisely what Phil Mickelson addressed in his comments. On the final day of that competition, Mickelson called Walters from Medinah Country Club, according to Walters.

According to Walters, Mickelson called him and asked him to place a $400,000 wager on his victory on the tournament’s last day. The pro golfer, according to him, was “confident.”

Walters continues his account by saying that Mickelson may have found another means to complete this transaction in spite of his refusal to do so.

That day, Phil Mickelson fell to Justin Rose in their match, and the United States lost the Ryder Cup to Europe. The incident has earned the moniker “Miracle at Medinah.”