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I have two distinct lives. One in the trenches of low-budget film and television, the other in professional gambling. Because of the feast-or-famine nature of show business I need a reliable income... gambling. So here you will read about both worlds. Enjoy!



Thursday, August 11, 2022

Gambling With an Edge - mail bag 8/11/2022

 No guest this week as we answer questions from our mail bag. 

 We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.

click to listen - alt click to download

Show Notes

[00:00]  Introduction

[00:30]  Bill Benter's published material

[02:02]  Risk of ruin for 8/5 and 8/6 Jack or Better

[03:47]  Getting flat-bet at a Strip casino

[05:06]  Intermittent fasting

[17:00]  Getting cut off from comps at a small locals casino

[19:39]  Backed off aggressively for counting at a Native American casino

[22:26]  Relationship between net worth and bankroll

[26:55]  Gambling advice, blackjack on Vice

[30:16]  https://SouthPointCasino.com

[31:06]  https://BlackjackApprenticeship.com

[31:38]  https://VideoPoker.com/gwae

[33:05]  Average daily theoretical calculations across properties

[34:18]  Dating tips for a single professional gambler

[37:11]  Speed of shuffling on video poker games

[38:20]  Paying off markers with a credit card

[40:05]  Video poker training software, Win Poker

[41:43]  Does a property care about the use of video poker strategy cards

[43:01]  Calculating the edge on a video poker loss rebate

[49:11]  Video poker progressives

[50:57]  Recommended:  The Bear on Hulu, Official Secrets on Netflix


Sponsored Links:

https://SouthPointCasino.com

https://BlackjackApprenticeship.com

https://VideoPoker.com/gwae


Sites Referenced:

https://WizardofOdds.com

https://Vpfree2.com

Vice episode https://youtu.be/PsZpnoELOus

Bill Benter's 1994 paper:

https://www.gwern.net/docs/statistics/decision/1994-benter.pdf

Bloomberg article:

https://www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code?utm_content=business&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

Recommended:

"The Bear"  https://Hulu.com/series/the-bear

"Official Secrets"  https://Netflix.com/title/81052553


Thursday, August 4, 2022

Our guest this week is tax expert Russell Fox on to talk about tax stuff for gamblers.  He provided updates for the latest edition of Tax Help For Gamblers


We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.

.

https://www.spreaker.com/user/7418966/rfox08022022
Click to listen. Alt click to download


Show Notes

[00:00]  Introduction of Russel Fox from Clayton Tax Services

[00:37]  Tax implications of sports betting in different states

[03:14]  Splitting a large DFS jackpot

[04:17]  Reporting recreational horse player income

[07:40]  Shared sports betting at online sites

[08:47]  FBAR

[11:13]  Crypto and FBAR

[12:15]  RV expenses

[14:46]  Paypal reporting transactions, 1099-K

[17:08]  Group slot pulls

[20:03]  W-2 G from a Native American casino

[23:23]  Gambling partnerships

[25:22]  Cherokee North Carolina winnings

[27:08]  https://SouthPointCasino.com

[28:00]  https://BlackjackApprenticeship.com

[28:31]  https://VideoPoker.com/gwae

[29:21]  Withholding SSN on W-2 G

[31:40]  Tax liability for WSOP Main Event

[34:54]  Deducting gambling losses

[36:29]  Filing as a professional for part of the year

[37:15]  S-corp for professional gamblers

[42:12]  Frequently overlooked tax deductions

[43:15]  Constructive receipt

[45:00]  Taxes and beard accounts

[49:56]  Recommended:  Blood and Treasure by Bob Drury and Tom Clavin, Something Missing by Matthew Dicks, For Good and Evil by Charles Adams


Sponsored Links:

https://SouthPointCasino.com

https://BlackjackApprenticeship.com

https://VideoPoker.com/gwae


Guest Links:

Claytontax.com

Tax Help For Gamblers - https://amzn.to/3P1sSEM


Recommended:

Blood and Treasure by Bob Drury and Tom Clavin - https://amzn.to/3zWFkkA

Something Missing by Matthew Dicks - https://amzn.to/3P1cjsv

For Good and Evil by Charles Adams - https://amzn.to/3zTV5Jc

Thursday, July 28, 2022

Gambling With an Edge - mail bag 7/28/2022

 No guest this week as we answer questions from our mail bag. 

 We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.

click to listen - alt click to download

Show Notes

[00:00]  Introduction
[00:26]  The impact of recessions on casinos
[01:07]  Calculating the value of video poker progressives
[02:20]  Expensive mistakes
[07:19]  Hitting hard 14 versus 6 
[08:44]  Legal name change and SSN
[10:53]  Playing under someone else's players card
[13:04]  Princess cruise casino
[15:38]  Group slot pulls
[18:17]  Are markers still owed if a player is 86'd?
[18:55]  Ultimate Texas Hold'em
[21:01]  Is it possible to get a players' club card without scanning ID?
[26:59]  Richard's experience playing in Warsaw
[37:31]  Sports handicapping advice, books, publications
[38:52]  WinPoker app
[41:50]  Sharing secrets
[43:11]  CTRs for non-Americans
[44:08]  Scalping James Grosjean's book
[46:32]  Video poker ROI
[47:40]  Estimating error video poker error rate
[49:40]  W2Gs on Native American casinos
[50:36]  Baccarat dealer errors
[52:14]  AP diversity
[55:27]  Recommended:  Alone on Netflix, Lifespan by David Sinclair


Sponsored Links:

Books Referenced:
Sharp Sports Betting by Stanford Wong https://amzn.to/3Ja6UOu
The Logic of Sports Betting by Ed Miller and Matthew Davidow https://amzn.to/3PFQkbN
20/20 Sports Betting by Logan Fields https://amzn.to/3oxYLdc

Recommended:
Lifespan by David Sinclair https://amzn.to/3Jf83UI

Thursday, July 21, 2022

Gambling With an Edge - guest Norman Zadeh

Our guest this week is Norman Zadeh.  Norman is a former mathematics professor, and longtime gambler.  He wrote one of the first math based poker books back in 1974.  He has been a winning gambler at backgammon, poker, and sports betting.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.


https://www.spreaker.com/episode/50630679
  Click to listen - Alt click to download


Show Notes

[00:00]  Introduction of Norman Zadeh

[00:39]  Norman’s gambling background, poker, backgammon

[04:41]  Writing a poker book

[07:15]  Does Norman still play backgammon?

[08:48]  Superstition, cosmic unconsciousness 

[11:35]  Sports betting, handicapping

[13:49]  Modeling baseball

[16:46]  Handicapping basketball

[20:13]  Investing, trading in the stock markets

[21:35]  Opportunities to make money with math

[23:58]  Writing software, writing songs

[26:11]  Analyzing backgammon in the 1970s, brute force, XG

[31:40]  Kyle Larsen story

[33:00]  Investing versus betting

[37:44]  https://SouthPointCasino.com

[38:32]  https://BlackjackApprenticeship.com

[39:01]  https://VideoPoker.com/gwae

[39:55]  Norman’s books

[42:39]  Norman’s investing competition

[51:20]  Recommended: The Master Mechanic by I.G. Broat, Risk of Ruin Podcast episode “The Audacity of Help” education in math or computer science


Sponsored Links:

https://SouthPointCasino.com

https://BlackjackApprenticeship.com

https://VideoPoker.com/gwae


Guest Links:

https://Financial-competitions.com

Books by Norman Zadeh - https://amzn.to/3oD52o5


Recommended:

The Master Mechanic by I.G. Broat - https://amzn.to/3PvKh98

https://Podcasts.apple.com/us/podcast/risk-of-ruin/id1527018692

Thursday, July 14, 2022

Gambling With an Edge - guest Will

Our guest this week is Will.  Will started out as a card counter, moved on to other forms of AP, and then moved into DFS and sports betting.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.


https://www.spreaker.com/user/7418966/will
Click to listen - Alt click to download


Show Notes

 [00:00]  Introduction of advantage player, Will

[01:07]  Will's gambling background

[03:59]  Early bet spreads and late night minimums

[04:54]  Getting deterred by early losses, blackjack forums, finding a team

[10:17]  Trying to return to the team after a 100-hour losing streak, learning new system, retesting

[12:27]  Playing with Darryl Purpose

[14:59]  Moving to Las Vegas, finding games in the U.S.

[21:48]  Hole-carding

[22:48]  Getting backed-off, barred, etc

[28:37]  Differences in advantage play between the U.S. and U.K.

[31:42]  Card counting rules in London clubs

[33:03]  Commercial break

[35:24]  Will's career since 2015

[38:41]  Computer programming

[41:28]  Weak DFS markets

[44:18]  DFS pools versus head-to-head

[46:28]  DFS mindset versus AP mindset

[50:15]  Atlantic City friendly kidnapping story

[57:45]  Recommended:  Laos Asia Market, Death on the Nile, Other Ship app


Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae


Recommended:

Laos Asia Market https://www.yelp.com/biz/laos-asia-market-las-vegas?start=40

http://20thcenturystudios.com/movies/death-on-the-nile

http://Othership.us/app

Thursday, July 7, 2022

Gambling With an Edge - guest Adam Bjorn

Our guest this week is Adam Bjorn.  Adam has worked both sides of the counter for over 30 years,  He is both a professional bettor, and a bookmaker, and now is working for a software company aimed at giving bookmakers bettor tools for servicing their customers.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.
Click to listen - Alt click to download

Show Notes

[00:00]  Introduction of Adam Bjorn, sports bettor and sportsbook software expert
[00:43]  Adam's background in gambling
[01:57]  Finding an edge, informational advantages
[06:20]  Why did Adam move to Jamaica?
[11:24]  Getting accounts shut down, maintaining outs
[13:16]  Bookmaking in Jamaica
[16:41]  Horse racing in Jamaica, pools, rebates, etc
[20:02]  Creating software for sportsbooks
[24:14]  Limiting and banning players
[28:00]  South Point Casino July Promotions - $650k Summer Money Madness casino-wide progressives
[28:45]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[29:17]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners
[29:54]  Adam's software work
[33:15]  Bottom-up versus top-down
[35:58]  Programming and sales
[37:07]  Is Adam still betting?
[40:54]  Top-down approach
[43:17]  Less volume, bigger edge
[44:12]  Billy Walters
[45:24]  Gambling in India
[48:20]  Hedging
[50:40]  Recommended:  Banza pasta, Ultimate X Poker by James H. Haskell, Atomic Habits by James Clear

Sponsored Links:

Guest Links:

Recommended:
Ultimate X Poker by James H. Haskell https://amzn.to/3bXbUJJ
Atomic Habits by James Clear https://amzn.to/3AyVuSc

 

Thursday, June 30, 2022

Gambling With an Edge - guest Houston Curtis

Our guest this week is Houston Curtis.  Houston is a sleight of hand expert, and executive producer of the live streaming poker show "Live At The Bike."  We talk about some of the recent poker cheating scandals and what you can do to protect yourself.  He is also the author of Billion Dollar Hollywood Heist, and his experiences playing in "Molly's Game."

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.

https://www.spreaker.com/user/7418966/houstoncurtis2
Click to listen - Alt click to download


Show Notes

[00:00]  Introduction of Houston Curtis, sleight of hand and game protection expert

[00:41]  GWAE is changing podcast platforms

[02:23]  Live at The Bike

[07:45]  Limon

[08:46]  Cheating in card games

[13:28]  RFID, hole cards, Mike Postel, home games

[20:09]  Shufflemaster vulnerabilities in Texas

[27:47]  South Point Casino July Promotions - $25k and $1k-$2.5k casino wide progressives

[28:33]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room

[29:04]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   

[30:40]  Houston's video content

[34:24]  Using cheating knowledge to protect games versus to cheat games

[35:34]  Responses to cheating and proactive measures like limiting dirty money, social media

[39:18]  Selecting players for Live at the Bike

[43:59]  Producing 1,000 hours of content per year

[44:58]  Houston's upcoming book, Million Dollar Mechanics, to be published by The Huntington Press

[47:13]  Steve Forte

[52:09]  Recommended - The Old Man on FX and Hulu, How to Tell a Story audiobook by The Moth, Live at The Bike



Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae


Guest Links:

http://Twitter.com/houston_curtis

http://Kardsharp.com

http://Liveatthebike.com

Billion Dollar Hollywood Heist https://amzn.to/3AlyhT4


Recommended:

http://Fxnetworks.com/shows/the-old-man

How to Tell a Story by The Moth https://amzn.to/3xVGBX2

http://Liveatthebike.com

Thursday, June 23, 2022

Gambling With an Edge - guest Anthony Curtis 6/23/2022

Our guest this week is Anthony Curtis. We talk about what's new in Las Vegas, and upcoming books from Huntington Press.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.


 

Show Notes

[00:00]  Introduction of Anthony Curtis, publisher of The Huntington Press and The Las Vegas Advisor
[00:30]  Upcoming books by James Grosjean from The Huntington Press
[06:34]  Other upcoming books from The Huntington Press
[09:48]  Houston Curtis' upcoming book
[18:08]  New ownership at The Palms
[28:00]  South Point Casino June Promotions - $600k Spin to Win
[29:33]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[30:02]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[32:56]  WSOP on The Strip, online poker
[37:20]  CIrca football contests, recent Circa Sports hires
[40:29]  Video poker at The D and Golden Gate
[44:46]  Recreational marijuana and cannabis lounges
[47:30]  Topless Vegas
[50:57]  The Plaza
[54:53]  Recommended:  Card Magic by Jason on Instagram, Binion's Steakhouse, Rouge at The Strat


Sponsored Links:

Anthony Curtis' Links:

Recommended:

Thursday, June 16, 2022

Gambling With an Edge - mail bag 6/16/2022

No guest this week as we answer questions from our mail bag. 

 We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.




 

 

Show Notes

[00:00]  Introduction
[00:38]  Double Up feature in video poker
[02:46]  Effect of variance when playing multiple hands on blackjack
[04:00]  Playing online vs playing in-person
[05:50]  Legality of relaying hole card information
[08:06]  Pressing a casino on a jackpot that might have gone unpaid
[10:48]  Tax evasion versus tax avoidance
[15:31]  The value of strategy deviations in blackjack
[16:57]  Continue to play after being flyered?
[20:54]  Keno tournaments
[23:36]  Expected value in video poker progressives
[24:16]  Players who won $90,000 in cash
[27:22]  Getting a pin-locked players card
[29:30]  Playing rated versus unrated
[30:44]  South Point Casino June Promotions - $600k Spin to Win
[32:31]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[33:04]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[33:54]  Asian food in Las Vegas
[36:35]  Slot points for video poker variants
[39:16]  Using free play on high variance video poker games
[43:33]  Harrah's North Carolina properties
[46:28]  Recommended:  Margins of Error podcast, William Bernhardt law drama books

Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae

Books Referenced;
Blackjack Attack by Don Schlesinger - https://amzn.to/3NUSDGJ
Theory of Blackjack by Peter Griffin - https://amzn.to/39u4X1S

Links Referenced:
http://Youtube.com/c/LasVegasAdvisorSHOW

Recommended:
Margins of Error podcast http://Cnn.com/audio/podcasts/margins-of-error/episodes/7156fbc3-2cab-48b6-bf27-ae8e0182547c

William Bernhardt legal thrillers - https://amzn.to/3aXE4DP

 

Thursday, June 9, 2022

Gambling With an Edge - Fats part 2

Our guest this week is a return visit from professional sports bettor, Fats.  

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.


 

Show Notes

[00:00]  Introduction of sports bettor, Fats
[00:37]  Fats' Twitter prediction about William Hill and Circa Sports, Twitter.com/real_fats
[03:17]  Torturing Spiro The Greek
[08:09]  Meeting with the heads of offshore books
[11:03]  1992 Billy Walters' computer trial
[21:28]  South Point Casino June Promotions - $600k Spin to Win
[23:07]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[23:39]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[24:50]  Fats and Spanky were arrested
[42:15]  Advice for new sports bettors
[47:45]  Sports betting tournaments
[54:57]  Recommended:  Ed Thorpe on Tim Ferris podcast, The Hanging Judge by Michael Ponsor, Bad Sport on Netflix


Sponsored Links:

Recommended:
The Hanging Judge by Michael Ponsor https://amzn.to/3aITQlM

Thursday, June 2, 2022

Gambling With an Edge - professional sports bettor, Fats

Our guest this week is professional sports bettor known as Fats.  Fats has been at it over 30 years, and has worked with the best of the best, as well as running his own crew. The man can tell a story.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.




Show Notes

 [00:00]  Introduction of sports bettor, Fats

[00:50]  Fats' Twitter, Twitter.com/real_fats

[04:52]  Fats' introduction to sports betting

[06:01]  Getting backed off from betting

[08:15]  Betting with "The Businessman"

[11:17]  Fats' math background

[12:51]  Betting baseball

[17:07]  Does Fats originate bets?

[27:00]  Top down versus chasing steam

[29:09]  South Point Casino June Promotions - $600k Spin to Win

[30:46]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room

[31:17]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   

[32:07]  Working with Billy Walters

[32:51]  Interviewing and hiring runners

[39:01]  Stories about runners stealing

[48:37]  Playing backgammon in Las Vegas and Costa Rica

[56:06]  Recommended:  Turning Work into Play episode of Freakonomics, Never by Ken Follett, We Were Wise Guys and Didn't Know It by Scott Schettler


Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae


Links Referenced:

http://Anchor.fm/bebetterbettors/episodes/Fats-Interview-erbs9k


Recommended:

http://Freakonomics.com/podcast/turning-work-into-play

Never by Ken Follett - https://amzn.to/3PS9ifP

Thursday, May 26, 2022

Gambling With an Edge - mail bag 5/26/2022

No guest this week as we answer questions from our mail bag.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.


Show Notes

[00:00]  Introduction
[00:28]  What other professions would Bob and Richard have considered?
[05:37]  Caesars stops sending a player mailers
[07:15]  Would Bob or Richard auction off a meeting?
[09:07]  Brainstorming dead plays
[17:02]  How to prepare for a play that happens at unusual hours
[18:59]  8/5 Aces Bonus
[20:35]  Card counting and AP slots at the same casino
[21:35]  Video poker tournament strategy
[24:00]  Getting Diamond status via hedges
[26:07]  Richard's $3000 bet on roulette 
[28:24]  Illustrious 18 question 
[29:35]  Blackjack strategy and dealer management question
[32:54]  South Point Casino May Promotions - Half-priced gas and goods, $32k Hot Seat Promotion 5/30
[33:43]  https://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[34:14]  https://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[35:35]  Video poker progressives strategies
[36:16]  Cashing chips
[39:12]  Arbitrating gambling disputes
[41:23]  Do the odds of premium hand change with pay schedule?
[44:28]  Building a bankroll
[46:20]   Recommended:  Esther's Kitchen, The Blindside by Michael Lewis

Sponsored Links:

Link's Referenced

Books Referenced:
How to Beat Internet Casinos and Poker Rooms by Arnold Snyder https://amzn.to/39Z7EZ1

Recommended:
The Blind Side by Michael Lewis https://amzn.to/3z0FFCM

Thursday, May 19, 2022

Gambling With an Edge - guest Elihu Feustel

Our guest this week is Elihu Feustel. Elihu is a professional bettor that has also worked the other side of the counter so he brings a unique perspective to his betting.  

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.




Show Notes

[00:00]  Introduction sports bettor, Elihu
[00;35]  How did Elihu get started in gambling?
[01:11]  Playing blackjack
[02:22]  Elihu's education and professional life
[03:48]  Transitioning from blackjack to sports betting
[05:51]  Working for Pinnacle
[08:18]  Backgammon
[08:59]  More on Elihu's Pinnacle work, trading
[12:30]  Lessons learned from working in a premier sportsbook
[14:07]  Identifying sharp players and market manipulation
[20:26]  Derivatives betting
[22:03]  Sportsbook Review 
[24:14]  Nitrogen Sports
[25:43]  Lessons from moderating Sports Book Review
[29:50]  South Point Casino May Promotions - Half-priced gas and goods
[31:01]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[31:32]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[32:55]  Arbitration cases at Sports Book Review
[37:07]  Can Elihu bet into the books that he's consulted for?
[37:52]  Longevity
[39:39]  Tips for new sports bettors
[44:12]  Outs
[45:43]  Backgammon
[55:10]  Recommended:  Steven Bridges Youtube card counting video, LV Improv show on 5/21, 8 East at Circa


Sponsored Links:

Books Referenced:
Blackjack for Blood by Bryce Carlson https://amzn.to/3LuJBOV
The Logic of Sports Betting by Ed Miller and Matthew Davidow https://amzn.to/3wsQpYY

Recommended:

Thursday, May 12, 2022

Gambling With an Edge - guest Poker pro, Chance Kornuth

Our guest this week is Chance Kornuth.  Chance is a poker player and founder of Chip Leader Coaching. He has over $10 million in career earnings,

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.


.



Show Notes

[00:00]  Introduction of poker player, Chance Kornuth
[00:48]  Chance's success and notoriety
[01:36]  Las Vegas charity poker tournament
[03:27]  Chip leader coaching
[04:26]  Chance's poker beginnings, quitting college to play professionally
[07:15]  Reading poker tells
[10:10]  WSOP incident
[13:11]  PLO match with Phil Galfond
[16:37]  Playing cash games
[17:11]  Chance's other product offerings
[21:21]  Playing short deck and other games
[25:27]  Learning short deck strategy
[26:36]  Upcoming live tell product
[28:15]  Final table consulting
[34:06]  South Point Casino May Promotions - Half-priced gas and goods, Mother's Day candy promo
[35:15]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, members forum, and chat room
[35:45]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[36:57]  Advice for recreational players looking to advance
[42:10]  Cheating claims, player protection, and blacklisting
[48:45]  What events will Chance play in WSOP?
[49:21]  Recommended:  Heads You Win by Jeffrey Archer, Penn and Teller at the Rio, Comedy Cellar at the Rio, Xiao Long Dumplings

Sponsored Links:

Guest Links:

Recommended:
Heads You Win by Jeffrey Archer https://amzn.to/3L8BqHQ
Penn and Teller at the Rio
The Comedy Cellar at the Rio

Thursday, May 5, 2022

Gambling With an Edge - guest legendary bookmaker Scotty Schettler

Our guest this week is legendary bookmaker Scotty Schettler.  Scotty started in Las Vegas at the old Churchill Downs sports book, and eventually moved to take over the Stardust after the mob was thrown out.  He's written a memoir entitled, "We Were Wiseguys and Didn't Know It."

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.


.
Show Notes

[00:00]  Introduction of former Stardust bookmaker and author, Scotty Schettler
[00:43]  Scotty's history in bookmaking
[02:43]  Churchill Downs Race and Sportsbook in Las Vegas
[06:43]  Customers trying to scam ticket writers
[09:40]  Working at Tower of Pizza
[15:43]  The Royal
[20:21]  The Stardust
[25:22]  Roxy Roxborough at The Stardust
[27:11]  The Computer Group, Billy Walters
[38:46]  South Point Casino May Promotions - Half-priced gas and goods, Mother's Day candy promo
[40:20]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, members forum, and chat room
[41:00]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[42:00]  Using pay phones
[46;48]  Taking wise guy action
[51:27]  We Were Wise Guys and Didn't Know It by Scotty Schettler
[52:17]  Scotty leaves The Stardust
[58;52]  Recommended;  Ted Talk by Derren Brown, Make A Wish Foundation, The Imitation Game, Make a Wish Foundation


Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae

Books Referenced:
We Were Wise Guys and Didn't Know It by Scotty Schettler  https://amzn.to/3FhwC1y

Recommended:
http://Ted.com/speakers/derren_brown
http://Netflix.com/title/70295172
http://Wish.org

Thursday, April 28, 2022

Gambling With an Edge - guest Maverick

Our guest this week is a poker pro, and AP who goes by Maverick.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.


.
Show Notes

[00:00]  Introduction of poker player and musician, Maverick
[00:29]  How did Maverick get started in poker?
[06:11]  Building a bankroll
[08:14]  Tilted by a bad beat, going broke
[11:39]  Playing 2/5 NL in Louisville, moving to Las Vegas
[15:30]  Learning more about poker, getting better
[17:28]  Gambling and family life
[20:11]  Adjusting risk management, diversifying income streams, analytics
[24:11]  Cheating in Las Vegas poker rooms
[25:11]  Playing in Bobby's Room and other big games
[32:10]  Playing heads up
[34:54]  Shifting into other forms of advantage play
[37:08]  Advantage play teams
[39:32]  Sensing heat
[45:21]  South Point Casino May Promotions - Half-priced gas and goods, Mother's Day candy promo
[46:28]  http://BlackjackApprenticeship.com - blackjack training site with analtical software, members forum, and chat room
[46:57]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[47:43]  Back-off stories
[55:18]  Stories about nervous big players
[59:28]  Recommended:  @vegasissues on Instagram, exercising to limit arm soreness after vaccines, active listening


Sponsored Links:

Recommended:

Thursday, April 21, 2022

Gambling With an Edge - guest Norman Beck

Our guest this week is Norman Beck, magician, bridge player, and gambler who has made bets from 42 cents to a Billion dollars for his company SCA.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.



 

Show Notes

[00:00]  Introduction of bridge player Norman Beck

[00:39]  How did Norman get started in gambling?

[01:56]  Norman's bridge experience

[03:43]  How did Norman get better at bridge?

[06:45]  SCA

[09:22]  Pepsi "Play for a Billion" promotion

[11:29]  Insuring 42 cent bets

[14:44]  Market research calculations and usual promotions

[18:56]  Protection from scams, declining inquires to insure

[24:07]  Insuring a promotion for one person

[30:12]  South Point Casino April Promotions - $500k Swipe, Spin, and Win

[31:00]  http://BlackjackApprenticeship.com - Blackjack Bootcamps are happening in Las Vegas in May

[31:54]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   

[33:03]  Getting expert advice, cheating stories

[41:00]  More usual promotions

[46:54]  Norman's TED Talk


Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae


Guest Links:

http://Scapromotions.com

Norman's TED Talk - http://Youtube.com/watch?v=41ElcN9QDy0


Thursday, April 14, 2022

Gambling With an Edge - Mail bag 4/14/2022

No guest this week as we once again dip into out mail bag. But first we talk about this year's Bet Bash.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.



Show Notes

[00:00]  Introduction
[00:28]  Bet Bash 2 recap
[13:05]  Playing full pay DB with JoB strategy
[15;09]  Blackjack The Discord
[16:00]  How random are the cards in Video Poker for Winners?
[17:53]  Facial recognition
[21:48]  UX DDB strategy
[23:09]  How can a basic strategy player at most low-hold casino games get better?
[26:54]  Can casino employees bet where they work?
[28:33]  Cutting and catching an ace in blackjack
[31:47]  Sex, Lies, and Video Poker
[33:01]  Could a history of recreational play be an advantage?
[35:34]  Bar top video poker games
[36:25]  http://SouthPointCasino.com - $500 Swipe, Spin, and Win
[37:34]  http://BlackjackApprenticeship.com - Blackjack training website, tools, and community. Blackjack Bootcamps now being offered
[38:00]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners
[39:50]  Spreading to two hands when playing heads up
[41:36]  Favorite signs of heat
[43:31]  Playing blackjack in character
[46:08]  Competition
[48:51]  What would happen if Bob and Richard had to switch games
[50:08]  Favorite places to place for ambiance
[51:54]  How to deal with a cashier who demands to see identification
[52:37]  Errors in calculating edge
[54:51]  Have Bob and Richard even been close to quitting advantage play?
[56:31]  Big wins with legitimate thrills

Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae

Thursday, April 7, 2022

Gambling With an Edge - attorney Bob Nersesian part 2

Our guest this week is attorney Bob Nersesian. He is back for part 2 of our interview.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.


 

Show Notes

[00:00]  Introduction of gaming attorney Bob Nersesian
[00:38]  Nevada Gaming Control Board
[06:30]  Sports betting limits, politics, public perception of gambling
[11:23]  Factors in making barring players illegal in New Jersey
[14:30]  Card counter's rights in international waters
[18:56]  What should players do when approached by security in a polite manner?
[22:15]  Can casinos create a player's club account without player consent?
[25:16]  Police sharing identification info with casinos
[27:08]  Is it a crime to lie to a police officer?
[29:22]  What should a player not do?
[30:54]  Cases with audio and video
[39:18]  South Point Casino April Promotions - $500k Swipe, Spin, and Win
[40:24]  http://BlackjackApprenticeship.com - Blackjack Bootcamps are happening in Las Vegas in May
[41:32]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[42:10]  Do casinos have to prove that a player was previously trespassed?
[50:07]  Confidentiality agreements in casino settlements
[53:09]  Can employees also be sued personally?
[54:55]  Recommended:  Don't Look Up on Netflix

Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae

Recommended:
"Don't Look Up" - http://Netflix.com/title/81252357

Thursday, March 31, 2022

Gambling With an Edge - attorney Bob Nersesian

Our guest this week is attorney Bob Nersesian. We talk about being 86ed from casinos, casinos that steal your chips, and much more.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.




Show Notes

[00:00]  Introduction of gaming attorney Bob Nersesian
[00:40]  Card counter rights in international waters 
[04:52]  Wilma0’s chip cashing case
[12:26]  Do casino shareholders have extra rights as patrons?
[13:09]  More on Wilma0’s case
[18:29]  Slade case on trespassing
[20:48]  Betting online with beards
[23:09]  Can a casino refuse to pay a player who has been previously barred?
[27:52]  Do players have the right to be paid by check?
[29:57]  Trespassing in tribal casinos
[34:08]  Must errant payments be repaid?
[39:30]  Cashing chips that are difficult to cash
[41:41]  http://SouthPointCasino.com - Prime Time Mondays, 100 hours of poker promo
[44:22]  Is using a disguise cheating?
[49:38]  Does Bob practice in Southern California?
[50:24]  Device law in the USA
[53:09]  Is it legal to record a table game?
[55:38]  Gaming Control Board vs Gaming Control Commission
[56:49]  State bar and advantage play
[1:00:49]  Recommended - Kartchner Canyons, Ray Bradbury, Pat Frank, Harlan Ellison

Sponsored Links:

Recommended:
Harlan Ellison https://amzn.to/3Dpwjkp