And over the last four years, it's worth less than one point. But from 1974-2022, it's actually only worth closer to 2.5 points. This is generally assumed to be worth three points. Walters' handicapping system revolves around power ratings (more on that below) but before getting into the details, he outlines the basics that everyone must understand: Walters lists three main areas where bettors need to be astute in order to be successful: Handicapping, betting strategy, and money management. Master Class is aimed more at beginners, but there are still many takeaways that bettors need to be reminding themselves of at all times. Here are some key learnings from both chapters that should help most bettors improve. In Walters’ new book ' Gambler: Secrets from a Life at Risk' with Armen Keteyian, he dedicates two chapters to his betting system, which he titles Master Class and Advanced Master Class. The original Kentucky sports betting gambler has made hundreds of millions of dollars by beating sportsbooks over the past few decades - and has now decided to share his betting system with the world.

Billy Walters is widely considered the most successful American sports bettor of all time.

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