Last updated on: March 26th, 2025
Phil Mickelson Sports Betting History
Everyone always knew Phil Mickelson was a famous sports bettor based on his personality and rumors from golf insiders. But, the knowledge of certain details only scratched the surface in a 2023 book released from fellow famous sports bettor Billy Walters. In the book, “Gambler: Secrets from a Life of Risk”, Walters expressed just how much Phil Mickelson enjoyed sports betting in the US on pro sports. Nobody has better details than Walters, who had a joint venture with Phil Mickelson in gambling for five years. Learn everything surrounding the sports betting history of Phil Mickelson on this page.
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Reports On Phil Mickelson’s Big Wins + Losses
- Won $560,000 on the Baltimore Ravens Super Bowl odds. At +2800, Phil only risked $20,000.
- Lost $143,500 betting on the MLB in June of 2011. He placed 43 bets on this day.
- Averaged 9 bets per day when betting in 2011.
- Lost close to $100,000,000 over the course of three decades while placing around $1 billion in bets overall.
Phil Mickelson Unit Size
While it’s impossible to get a full breakdown of the bets Phil Mickelson placed, the book gave a brief look into Mickelson’s betting habits. In 2011, Mickelson placed a $110,000 bet at standard odds (-110) 1,115 times. If we call this one betting unit for Mickelson, we must then consider the 858 wagers at $220,000 as two units. Or, maybe these were max bets at 5 and 10 units.
Possible Phil Mickelson Payout Size
| 1 unit: | 2 units: | 5 units: | 10 units: |
|---|---|---|---|
| $100,000 | $200,000 | $500,000 | $1,000,000 |
| $20,000 | $40,000 | $100,000 | $200,000 |
While an athlete making headlines about legal sports betting is always major news, there wasn’t anything in reports of Mickelson doing anything out of bounds. Integrity issues surrounding the PGA nor LIV Golf were brought up. Maybe one day Mickelson will release his own sports betting book detailing his biggest memories and regrets.
Mickelson Tries Betting On Ryder Cup
One of the largest red flags from some could come from Mickelson’s desire to bet on golf and play his Ryder Cup odds. But, Phil didn’t go against his team. Rather, he wanted to bet on the US Team to take the victory in 2012. Per Billy Walters’ book Gambler, his phone conversation with Mickelson had him thinking:
“He was so confident that he asked me to place a $400,000 wager for him on the U.S. Team to Win”
Phil Talks Moderation
Despite being famous sports bettor Phil Mickelson, he is also a human who realizes his action can affect others. Use this as a way to realize, your betting habits can affect others around you. If you need help with problem gambling, please seek help. Phil wasn’t scared to admit it, and you shouldn’t be either.
Most of you will enjoy this football season with moderation while having lots of fun and entertainment. The fantasy leagues will provide banter amongst friends and money won or lost betting won’t affect you. I wont be betting this year because I crossed the line of moderation and…
— Phil Mickelson (@PhilMickelson) September 18, 2023
In Recovery
Phil Mickelson has publicly acknowledged his gambling addiction, revealing that he is in recovery after years of excessive betting that distanced him from loved ones. In a social media post, he admitted that while money was never an issue, his addiction prevented him from being present for those he cared about. With the support of his wife, Amy, and years of professional help, he has stopped gambling and is focusing on rebuilding relationships. Mickelson expressed gratitude for his recovery journey, emphasizing his commitment to self-improvement and being more present in his daily life.
