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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, December 1, 2022

Gambling With an Edge - guest Russell Fox 12/01/2022

Our guest this week is tax expert Russell Fox on to talk about what gamblers can do before the end of the year to help with their taxes.


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.


podcast - https://www.spreaker.com/user/7418966/fox12012022


Show Notes

[00:00]  Introduction of gambling tax professional, Russel Fox

[00:42]  Form 1099-K

[03:59]  Gambling winnings as a U.K. resident

[08:39]  Sports betting partnerships

[09:42]  Can gambling losses be carried over to future years?

[10:46]  Session recording for sports betting, related transactions

[15:10]  Reporting income earned by family members

[17:30]  Can an EIN be used for W2G's?

[18:28]  W2Gs for online table games play, session accounting

[20:40]  State taxes on phantom gambling income, deductions

[21:52]  Gambling logs, audits

[26:17]  Horse racing W2G's, 300x rule

[28:09]  Incorrect SSN on W2G

[29:32]  Sessions at different casinos

[30:40]  U.K. and US tax treaty for slot jackpots, lotteries

[32:50]  Nevada taxes on sports betting

[35:32]  Commercials

[38:50]  Tax on futures wagers

[39:50]  Combined gambling records when filing jointly, community property states

[41:35]  Form 5754, issuing 1099s

[44:57]  Good and bad states for gambling

[48:03]  Gambling wins and losses as part of a diversified portfolio

[48:53]  Withholding on W2G

[50:01]  Recommended:  James Fridman, ProHealth Longevity NMN Pro Complete, Blood and Iron by Katja Hoyer


Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com


Recommended:

http://Jamesfridman.com

http://Prohealth.com/pages/uthever-nmn

Blood and Iron by Katja Hoyer - https://amzn.to/3izxVSk

Park v Commissionerhttps://www.govinfo.gov/app/details/USCOURTS-caDC-12-01058/USCOURTS-caDC-12-01058-0



Thursday, November 24, 2022

Gambling With an Edge - Tales From The Felt

 Our guests this week are Colin Jones, and David Drury.  We talk about a new book they produced called "Tales From The Felt," which is a collection of 21 true stories from 21 different professional blackjack players. 

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.


Podcast - https://www.spreaker.com/user/7418966/tftfelt


Show Notes

[00:00]  Introduction of Colin Jones and David Drury, authors of Tales from the Felt
[00:40]  A listener thanks GWAE
[02:43]  The idea for Tales from the Felt
[04:24]  Selecting stories, favorite stories
[10:33]  Deadlines, editing, managing authors
[13:07]  Were there any authors that weren't able to contribute?
[17:13]  Is the book currently available?
[18:55]  Book proceeds benefit the Blackjack Hall of Fame 501(c)(3)
[20:08]  How to order the book, bonus content
[23:05]  Commercials
[27:25]  Seven Tonys, The Mansplainer, and showing the humanity of AP
[34:03]  How did Richard choose his story?
[36:08]  David's riverboat story
[38:31]  When will book orders start shipping?
[39:24]  The Gift of the Magi by Darryl Purpose, Harlan Coben's Myron Bolitar Series, Moneyball by Michael Lewis, Friends of the Children nonprofit, Swatch Watch


Sponsored Links:

Link to Buy Tales From the Felt by Colin Jones and David Drury

Recommended:
Harlan Coben's Myron Bolitar Series - https://amzn.to/3GIQHAo
Moneyball by Michael Lewis - https://amzn.to/3EAJaRN

Thursday, November 17, 2022

Gambling With an Edge - sports bettor, Scott

 Our guest this week is a sports bettor names Scott, aka VegasHorsePools.

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.


Podcast - https://www.spreaker.com/user/7418966/vhpools


Show Notes

[00:00]  Introduction of sports bettor and analyst, Scott

[00:32]  How did Scott get into gambling?

[06:01]  Computer programming, odds screens

[07:29] Transitioning from office work into full time gambling

[09:05]  Recreational, originator, and model sportsbooks

[11:50]  Lessons learned from working at a sportsbook

[16:18]  SpankOdds

[18:54]  How did Scott meet Spanky?  Munchkin?

[24:48]  Networking stories and tips

[34:24]  Contacting Scott

[35:16]  Commercials 

[39:09]  Finding an edge in sports betting

[42:15]  Playing the comp game

[44:28]  Horse racing Python program

[48:05]  Odds screens, Don Best, SpankOdds

[50:18]  Bet Bash, Dink, Chinese Mike

[56:56]  Recommended:  Richard’s office,  Spencer Cornelia, Jack Binion’s Steakhouse at Bally’s, Eat For Life by Joel Fuhrman



Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com


Guest Links:

http://Twitter.com/VegasHorsePools


Links Referenced:

http://SpankOdds.com

http://90degreespodcast.com

http://Tim.blog


Recommended:

https://www.youtube.com/watch?v=1VdZAX4cx4o

http://Twitter.com/RWM21/status/1590035893834092545

http://Caesars.com/ballys-las-vegas/restaurants/binions-steak

Eat For Life by Joel Fuhrman - https://amzn.to/3X3EY5g


Thursday, November 10, 2022

Gambling With an Edge - guest Jimmy Jazz 11/9/22

Our guest this week is Jimmy Jazz.  He is back to talk about credit card strategies and other low roller plays.

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

Podcast - https://www.spreaker.com/user/7418966/jjazz10092022

Show Notes

[00:00]  Introduction of value seeker and credit card points expert, Jimmy Jazz

[00:47]  Halloween in Las Vegas

[02:11]  Rental car issues, tips, duplicate reservations, etc

[10:21]  AutoSlash.com

[12:10]  Four Queens and Binion’s merger

[17:59]  Boarding pass deals at The D

[21:13]  Playing at The D, Golden Gate, Circa to generate offers

[26:18]  Point generation on advantage slots

[32:45]  Commercials

[36:16]  Caesars MasterCard

[39:07]  Seven Stars status

[41:00]  I-bonds

[43:31]  Discover Bank savings account

[44:32]  Predictit.org

[45:19]  Food options in Las Vegas

[52:26]  Gas prices

[54:56]  Recommended:  Makers and Finders, Supreme Courtship by Christopher Buckley, Panevino



Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com


Sites Referenced:

http://AutoSlash.com

http://GasBuddy.com

http://Upside.com


Recommended:

http://Makerslv.com

Supreme Courtship by Christopher Buckley - https://amzn.to/3TshVyb

http://Panevinolasvegas.com

Thursday, November 3, 2022

Gambling With an Edge - Anthony Curtis 11/1/2022

 Our guest this week is Anthony Curtis. We talk about what's new in Las Vegas.


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.


podcast https://www.spreaker.com/user/7418966/ac11012022

Show Notes

00:00]  Introduction

[00:48]  Mattress Mack and the World Series

[05:32]  Is the free furniture deal still available?

[08:36]  Does Mattress Mack really want the Astros to win?

[10:12]  Grand Prix is Las Vegas, celebrity racing odds

[18:41]  Tilman Fertitta

[20:58]  Station casinos, lost points, hoarding points

[25:33]  Commercials

[29:41]  Don Schlesinger's upcoming book 

[35:24]  Bob Dancer and Phileas Bruce strategy cards

[41:07]  Las Vegas Advisor is going digital

[45:00]  Recommended:  $25 match plays at The D, $1M photo display at Binion's


Sponsored Links:

https://SouthPointCasino.com

https://BlackjackApprenticeship.com

https://VideoPoker.com/gwae

https://Unabated.com


Books Referenced:

Sportsbook Management by Roxy Roxborough - https://amzn.to/3NyRxkD

Blackjack Attack by Don Schlesinger - https://amzn.to/3zG8h3M

Connected Vegas Style by Richard Wilk - https://amzn.to/3WxSMF8


Recommended:

Match play promotions at The D

$1M display at Binion's

Thursday, October 20, 2022

Gambling With an Edge - Buddy Frank & G2E 2022

 Bob and I get a return visit from long time slot director Buddy Frank, and this was taped immediately after the Global Gaming Expo (G2E) show, the biggest casino industry trade show of the year. We spend a lot of time talking about the new things we saw. 


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


Show Notes

[00:00]  Introduction slot director and consultant, Buddy Frank
[01:56]  Machine games at G2E
[04:06]  Biggest trends at G2E, cashless gaming and sports betting
[06:18]  Skill-based slot machines
[07:37]  Electronic versions of carnival games
[12:17]  Stadium gaming, player interaction, and tipping
[15:57]  Investment research, profitability
[18:02]  Variable state slot machines
[20:13]  Slot machine screen size
[22:47]  Slot machine bet size options
[28:16]  Progressive machines with different bet sizes
[30:58]  Must-hit by machines
[39:00]  Video poker games at G2E
[40:24]  Forfune X video poker
[48:35]  Big City 4's video poker
[52:44]  Full House or Better Wheel Poker
[53:45]  Buddy's additional comments on G2E trends
[55:04]  Gambler's podcast episode with Rufus Peabody, The Longevity Paradox by Steven Gundry, This Is How They Tell Me The World Will End by Nicole Perlroth


Sponsored Links:

Recommended:
The Longevity Paradox by Steven Gundry - https://amzn.to/3TljxdC
This Is How They Tell Me The World Will End by Nicole Perlroth - https://amzn.to/3Tqa1WY




 

Thursday, October 13, 2022

Gambling With an Edge - Veganmav

Our guest this week is named Veganmav.  We talk about his starting with $2.50 during the internet poker boom, and building that bankroll to mid seven figures.  And yes, he still eats out of dumpsters.

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.

 [00:00]  Introduction of poker and blackjack player, Veganmav
[00:31]  Being homeless as a child
[01:56]  Flipping Toyota Camrys
[07:41]  Scalping tickets
[10:34]  Playing poker
[16:40]  Heads up limit hold'em
[20:09]  Retiring from poker, applying to medical school
[24:16]  Taking a leave of absence, living in Japan and China
[26:01]  Learning and studying in Thailand, benefits of team meetings
[27:34]  Why did Veganmav retire from gambling?
[30:33]  http://SouthPointCasino.com
[31:25]  http://BlackjackApprenticeship.com
[31:54]  http://VideoPoker.com/gwae
[33:19]  http://Unabated.com
[33:58]  Transitioning into blackjack
[36:44]  Dumpster diving, food waste, food safety
[46:58]  Linguistic and cultural advantages in blackjack
[52:41]  Will Veganmav eventually practice medicine?
[54:47]  Dating as an advantage player
[58:20]  Recommended:  The Longevity Diet, 
[1:02:08]  How to contact VeganMav, TommyAngelo.com, Raspberry Pi

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

Recommended:
The Longevity Diet by Valter Longo https://amzn.to/3rTaIfb
http://TommyAngelo.com
http://Raspberrypi.com

Thursday, October 6, 2022

Gambling With an Edge - Blackjack Ball 2022

Our guests this week are Max Rubin, and Darryl Purpose.  This episode is about the 2022 Blackjack Ball.

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.
[00:00]  Introduction of Max Rubin and Darryl Purpose
[00:56]  How was this year's Blackjack Ball different?
[02:32]  The Blackjack Ball 501c3
[05:43]  Organizing the Blackjack Ball and logistics
[07:35]  Blair Hull receives the Ed Thorp Lifetime Achievement Award
[11:00]  Test questions
[17:47]  Cleveland Clinic Lou Ruvo Center for Brain Health
[19:46]  Guessing states with tribal casinos
[28:56]  Skills test at the final table
[31:39]  Estimating the number of cards in the discard rack
[34:46]  Cutting a card to the dealer
[37:08]  Hole card strategy
[40:08]  Memorization of cards, counting down a deck
[45:46]  Indoor and outdoor areas
[46:43]  Jason England
[49:03]  Darryl's plans for champagne
[53:58]  Recommended:  Mint Mobile, Walter Tevis science fiction books, "Eddie and Jules" by Darry Purpose, Breath by James Nestor, BlackjackReview.com

Sponsored Links:

Recommended:  
"Eddie and Jules" by Darry Purpose https://soundcloud.com/lance-cowan-1/eddie-jules
Breath by James Nestor - https://amzn.to/3e6snNj

Thursday, September 29, 2022

Gambling With an Edge - Jim & Dan Pasko

Our guests this week are Jim Pasko, and his son Dan.  Jim has been one of the best backgammon players in the world for 40 years, and together with his son Dan they have been very successful as sports bettors, primarily focused on prop bets. 

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.

[00:00]  Introduction of gamblers, Jim and Dan Pasko

[00:35]  Does Jim still play backgammon?

[03:17]  Studying backgammon before bots, taking risk

[09:33]  Cheating stories from The Cavendish, scams, magnetic dice

[17:06]  Sport betting

[19:36]  Jim and Dan's background in math

[23:29]  Betting football and nba props, increasing market efficiency

[26:37]  Solving problems for other bettors, combinatorics

[29:12]  Erosion of edges as markets change and evolve

[32:42]  SouthPointCasino.com

[33:36]  BlackjackApprenticeship.com

[34:20]  VideoPoker.com/gwae

[35:22]  Unabated.com

[35:58]  How to  contact Jim and Dan 

[37:15]  Backgammon, learning curves, Stu Ungar

[41:51]  Bomb pots

[49:06]  Recommended;  The Great on Hulu, The Duke, Good Will Hunting, Tombstone

Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com

Recommended:

"The Great" http://Hulu.com/series/the-great

"The Duke" http://Mubi.com/films/the-duke-2020

"Good Will Hunting" http://Miramax.com/movie/good-will-hunting

"Tombstone" http://Imdb.com/title/tt0108358/

Thursday, September 22, 2022

Gambling With an Edge - Anthony Curtis 9/22/2022

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.


podcast - https://www.spreaker.com/user/7418966/ac09202022


Show Notes

[00:00]  Introduction of Anthony Curtis, publisher of The Las Vegas Advisor and Huntington Press

[00:35]  Remembering Cat Hulbert

[01:51]  James Grosjean's books

[07:16]  Upcoming books from The Huntington Press

[09:28]  Football contests

[12:48]  Errant line at MGM

[17:49]  Football parties in Las Vegas

[22:52]  http://SouthPointCasino.com

[23:36]  http://BlackjackApprenticeship.com

[24:05]  http://VideoPoker.com/gwae

[25:44]  http://Unabated.com

[26:22]  Station Casino property demolitions

[32:35]  Casino Del Sol offering unique football lines

[37:03]  W2-G on video roulette

[44:12]  Legends Bay in Sparks

[48:05]  Blackjack in California

[50:15]  Recommended:  T-Mobile internet, The Outfit, "Sharks" by Imagine Dragons


Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com


Guest Links:

http://LasVegasAdvisor.com

http://Huntingtonpress.com

http://Youtube.com/c/LasVegasAdvisorSHOW


Episodes Referenced:

http://Lasvegasadvisor.com/gambling-with-an-edge/gambling-with-edge-guest-cat-hulber/


Recommended:

"The Outfit" - http://Amazon.com/Outfit-Mark-Rylance/dp/B09V536PRC

"Sharks" by Imagine Dragons - http://Youtube.com/watch?v=Te3_VlimRw0


Thursday, September 15, 2022

Gambling With an Edge - Mail Bag 9/15/2022

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
[00:54]  MegaBucks
[03:07]  Can fans show support for GWAE by donating to charity?
[04:10]  Progressive slots, earning EV
[12:07]  DB versus DBB video poker
[16:46]  Books for aspiring card counters
[18:19]  Networking with other APs
[19:56]  Vulturing video poker
[24:57]  Playing blackjack for comps
[29:27]  Video poker line questions
[31:33]  Do video poker players get banned?
[33:28]  Playing as a recreational player in Reno
[35:35]  Risk of ruin in 9/6 Jacks or Better $125 hands with $100k bankroll
[40:05]  Returning to a casino after being trespassed
[41:39]  Using a bearded account for sports betting
[44:52]  Traveling for sports betting sign up bonuses?
[47:00]  W2G tax implications
[50:20]  Counting cards against CSMs
[52:35]  Vulturing Ultimate X
[54:30]  Do all Mega-Millions machines lock after the jackpot is hit?
[55:52]  Stories from Bob's plays at MGM in the late 1990s

Sponsored Links:

Books Referenced:
Knockout Blackjack by Olaf Vancura and Ken Fuchs https://amzn.to/3QNln4X
Blackjack Blueprint by Rick Blaine - https://amzn.to/3UglWqQ
21st Century Card Counter by Colin Jones - https://amzn.to/3xr2fD5
Video Poker for Winners by Bob Dancer https://amzn.to/3Bk7dCT

Software Referenced:

Episodes Referenced:

Thursday, September 8, 2022

Gambling With an Edge - Rob Pizzola

Our guest this week is Rob Pizzola.  Rob is a professional sports bettor, and one of the owners of Betstamp, http://betstamp.com. He also has a podcast called, Circles Off.

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/pizzola
Click to listen - Alt click to download

Show Notes

[00:00]  Introduction of sports bettor, Rob Pizzola
[00:33]  Rob's background in advantage play
[03:18]  Transitioning out of radio
[04:43]  Betting sports, tracking results
[09:19]  Gambling losses while in a relationship
[11:56]  Graduating from paper trading, originating bets
[17:17]  Betting hockey and football
[19:50]  Vig-free bets and counterparty risk
[29:45]  BetStamp app
[35:46]  Player advocacy via BetStamp
[37:59]  Does BetStamp sell picks?
[40:28]  The social media aspects and uses of BetStamp
[42:29]  Sorting and tracking bets, due diligence on BetStamp
[44:08]  Public and private profiles
[45:20]  Why would someone want to make their bets public?
[47:53]  Connecting to other people through BetStamp
[48:52]  Indicators of confidence, risk amount
[50:16]  Manipulation of results
[51:44]  Measuring the significance of results, educating users
[53:35]  Anonymity of BetStamp
[54:11]  Contact info for Rob and BetStamp on social media
[55:43]  Recommended:  Alone on The History Channel, Stephen Frey books, The Logic of Sports Betting by Ed Miller and Matthew Davidow, Severance on AppleTV

Sponsored Links:

Guest Links:

Recommended:
The Logic of Sports Betting by Ed Miller and Matthew Davidow https://amzn.to/3RthraP

Thursday, September 1, 2022

Gambling With an Edge - guest Captain Jack Andrews

 Our guest this week is Captain Jack Andrews here to talk about the new football season, and what is new at http://unabated.com.

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/cjack09012022
Click to listen - Alt click to download


Show Notes

[00:00]  Introduction of Captain Jack, co-founder of Unabated.com
[00:53]  Proliferation of sports betting in the USA, California propositions
[06:18]  NFL rule changes
[07:02]  Wong teasers
[09:42]  Advice for new sports bettors
[14:36]  The colors at Unabated.com
[15:26]  Release shows
[17:39]  NFL market efficiency
[21:31]  Bonus money at sportsbooks
[22:50]  Captain Jack's football betting
[26:03]  Tom Brady's value
[27:16]  Does Captain Jack watch NFL football?
[28:11]  How does Rufus spend his time during football season?
[29:21]  NFL vs College football betting
[32:02]  http://SouthPointCasino.com
[33:14]  http://BlackjackApprenticeship.com
[33:43]  http://VideoPoker.com/gwae
[35:17]  Changes at Unabated.com, promo code:  edge
[45:05]  In-game football betting
[50:05]  Unabated.com emails, publishing, and free trial
[51:42]  Ed Thorp on The Tim Ferriss Show, National Cinema Day

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

Guest Links:
http://Unabated.com
http://Twitter.com/capjack2000

Books Recommended:
Sharp Sports Betting by Stanford Wong https://amzn.to/3Q984f0

Recommended:
http://Tim.blog/2022/06/28/edward-o-thorp-2/
National Cinema Day

Thursday, August 25, 2022

Gambling With an Edge - Bob Hamman

 Our guest this week is legendary bridge player Bob Hamman.  Bob also runs a company called SCA that basically insures large unlikely events.  One example would be the Pepsi promotion where someone could win a billion dollars.

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/hamman
Click to listen - Alt click to download

Show Notes

[00:00]  Introduction bridge player and businessman, Bob Hamman
[00:30]  Bob's background in bridge
[01:43]  The Italian Blue Team
[03:42]  Bobby Wolff
[04:16]  What other games did Bob play?
[05:27]  Playing in major tournaments with various partners
[06:54]  Maintaining skill and alertness at an advanced age
[08:15]  Getting paid to play as a partner
[09:10]  The Dallas Aces
[12:09]  Does Bob still study bridge, review hands?
[12:43]  Online bridge, cheating
[18:24]  SCA, a company that insures unique promotions
[21:00]  Lance Armstrong promotion
[22:54]  Founding SCA
[24:14]  The Promise
[25:47]  Memorable contract negotiations
[28:26]  Kelly criterion
[29:24]  Pepsi $1B promotion
[30:58]  Illegal and/or immoral promotions
[31:45]  The most unusual thing that SCA has insured
[35:36]  Fraudulent winners
[40:06]  Do SCA representatives attend events?
[43:45]  Does SCA help to develop promotions?
[45:45]  Bridge as a game of skill, variance in games and promotions
[51:25]  Contacting SCA
[52:04]  Recommended:  The Sicilian Ristorante, Patrick Veitch on YouTube

Sponsored Links:

Guest Links:

Recommended:
The Sicilian Ristorante - http://Sicilianristorante.wordpress.com
Patrick Veitch on YouTube - http://Youtube.com/watch?v=WHnQhuug0J4

Thursday, August 18, 2022

Gambling With an Edge - guest Shane Sigsbee

 Our guest this week is Shane Sigsbee.  Shane started a company called "I am a Whale" that backed professional poker players, and then moved into sports arbitrage, and getting down for other pros.

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/shane
Click to listen - Alt click to download

Show Notes

[00:00]  Introduction of sports better Shane Sigsbee
[00:30]  Shane's background in golf
[01:20]  Betting on golf
[01:56]  Does being a skilled golfer help Shane handicap golf?
[03:07]  Betting on golf
[05:19]  Billy Walters
[06:45]  Transitioning from financing to gambling, backing poker players
[11:47]  Pricing staking deals,
[16:01]  Finding winning players, backing low stakes
[17:28]  Getting stiffed by winning players
[20:10]  Player contracts
[21:55]  Transitioning into sports, moving to Las Vegas
[25:40]  Getting action down without getting limited
[31:10]  Arbitrage, line manipulation, off-shore outs
[33:56]  Betting for clients, beards
[34:47]  Client characteristics
[36:29]  What sports does Shane bet on?
[37:37]  Company size and structure
[38:23]  Super Bowl props
[39:31]  In-game and half-time bets
[40:29]  Buying real estate, Airbnb
[45:01]  Diversification, real estate business
[51:21]  Networking
[52:17]  Bet Bash

Sponsored Links:

Guest Links:

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