Billy Etbauer is an American cowboy and rodeo rider.
He was born in Huron, South Dakota, January 15, 1963, and now lives in Edmond, Oklahoma. He won the saddle bronc riding World Championship five times. In the early years he traveled and competed with his brothers Robert(1991 World Champ) and Dan Etbauer. He is known for winning the 10th round of the NFR at least 10 times. He has made it to the NFR a record 20 times in saddle bronc riding. In 2005 he was a guest on the Late Show with David Letterman and spoke about the NFR. In 1992 he won $101,531 in 10 days at the finals. As of 2007 he had $2.7 million on PRCA earnings alone. He and his wife raise quarter horses in Oklahoma.