Part II

The Computer Group had burgeoned into the first truly national network of sports bettors, able to buy up the best point spreads from coast to coast. At the height of its powers, the Computer Group of 1983-85 wielded more influence over the millions of Americans who bet on sports than any superstar athlete or Super Bowl franchise. Yes, it was even more important than the split-fingered fastball. In its sleekest moments, the Computer Group had as grand an effect upon its constituency in the 1980's as OPEC had upon American consumers in the '70's.

As its influence grew, the Computer Group became something of an underground social club, extending its unofficial membership to at least one smalltime hoodlum, as well as sharing information with the likes of Irwin Molasky, the powerful real estate developer and Las Vegas civic leader.

Profits were staggering. The group never had a losing season betting on college football or college basketball. According to figures compiled recently by Michael Kent, the Computer Group in 1983-84 earned almost $5 million from wagers on college and, occasionally, NFL games. Yet Michael Kent suspects that his records are incomplete. They do not account for personal bets made by Dr. Mindlin, or Billy Walters, or by the dozens of other associates who had access to the Computer Group's information. By the time everyone had exhausted Kent's forecasts in the 1983-94 sports year, they might easily have earned $10 million, perhaps $15 million. Perhaps more.

"When you worked it down all the way to the bottom," says Billy Walters, "it might have been 1,000 people using our information."

Finally, in 1987, success got the best of them. They had to break up, just like the Beatles. Despite all the time they had spent working together, the members of the Computer Group had never really known one another. In most cases they had spoken only by phone, in staccato conversation, using code names. Faces rarely had been attached to voices. And so, as their legend had grown in recent years, it was only proper that these reclusive celebrities be united last Jan. 22 in Las Vegas, to shake hands and wonder where all the time had gone, as 17 of them assembled in Courtroom No. 4 of the Foley Federal Building, awaiting their arraignments on 120 counts of conspiracy, gambling, and racketeering charges.

Among these Garbos there were two their partners most wanted to see: Billy Walters, gambler of gamblers, who had come to Las Vegas in debt and was now a millionaire; and the treacherous doctor, Ivan Mindlin, whose cunning had built the group - and then led to its demise.

On the day they were arrested, just two weeks before the five-year statute of limitations on their case would have run out, Billy Walters sat in a holding cell with Dr. Mindlin and a third member of the group, Billy Nelson. Dr. Mindlin wore his hair longer than Walters remembered - combed back, until it splashed against his shoulders. The three of them were discussing their contempt for the FBI and, in particular, the ambitious special agent Thomas B. Noble, whose investigation of six years had uncovered so very little. Walters and Nelson went back and forth in their denigration of Noble, using many unpleasant terms, until finally the doctor spoke up. Walters recalls Mindlin saying: "Yeah, and can you believe that S.O.B. told two people that, if they'd tell him how I killed my wife, he'd go easier on them?" Now, in the courtroom 17 days later, his former colleagues whispered about Dr. Mindlin. He was the most intriguing presence among them. Yet he sat alone in a corner, as if he were the least popular boy in school.

In groups of four they were called to the bench of U.S. Magistrate Robert Johnston. Dr. Mindlin's was the first name called. Each man and woman was asked about his or her education, and it turned out that all had attended college, with the exception of Billy Walters. Then the magistrate wanted to know how they intended to plead.

"Not guilty," each of them said.

"Not guilty," the magistrate repeated each time, a little sarcastically. He then proceeded to set all the gamblers free, on their own recognizance, and several of them hurried back to their homes, for their were games that night, and wagers to be made.

Part I