Gambling With an Edge - Bank and Teller

Our guests this week are Bank and Teller with some tales of their adventures in mainly, California casinos.

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Show Notes

[00:00] Intro of APs Bank and Teller
[00:44] Why did he choose the name Bank?
[02:46] What type of cheating used to happen in player banked games?
[04:27] Teller's experience has a dealer.
[07:20] How Bank and Teller played a 2:1 Blackjack promotion.
[09:47] Bank's experience solving a slot machine.
[16:20] Bank was barred at a casino 25 years ago, can he go back?
[22:00] Discussion of "next card" games and dealer tells.
[25:10] Bank's introduction to advantage play.
[32:08] SouthPoint Casino's November promotions: Walmart gift cards and Thanksgiving Day Hot Seat
[32:33] AutoSlash.com - free service to save money on rental cars.
[36:00] VideoPoker.com - Game of the Week is "Six Card Frenzy"
[38:54] Is Bank still coupon hustling?
[42:45] How did Bank meet his wife?
[48:12] What was Bank playing in Las Vegas a few years ago?
[49:33] Why did Bank stay at The Riviera and The Plaza?
[53:05] Bank and Teller's Pechanga story.
AutoSlash - http://autoslash.com
SouthPoint Casino - https://southpointcasino.com/
https://www.videopoker.com/gwae

Gambling With an Edge - Russell Fox

Our guest this week is tax advisor Russell Fox.  We discuss various tax situations that affect gamblers and other citizens.

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Show Notes

[00:00] Intro of Russel Fox of Clayton Financial and TaxableTalk.com, rcfox@ClaytonTax.com
[00:35] Draft Kings daily fantasy sports special at the Las Vegas Advisor.
[01:43] Do new tax laws affect end of year planning?
[03:39] Are there any recent legal decisions that affect gamblers and taxes?
[05:14] Could the next Congress pass any important tax bills?
[06:53] Could you postpone claiming a jackpot for tax purposes?
[10:49] Are lottery tickets deductible from gambling winnings?
[15:11] Does the IRS accept win/loss statements?
[17:16] How will the larger standard deduction negatively affect amateur gamblers with only a few W2Gs?
[19:52] Would claiming $100,000 in wins and $100,000 in losses trigger an audit?
[25:21] Would gambling winnings in the U.K be transmitted to the IRS?
[27:07] Discussion "gambling sessions."
[32:10] SouthPoint Casino - Walmart gift card promotion, Thanksgiving Hot Seat promotion, Senior Day Mondays
[33:17] AutoSlash.com - six things that listeners should know about saving money on rental cars.
[35:03] Videopoker.com - free membership offer for GWAE listeners, "Stack the Deck" is the game of the week.
[36:58] Do poker winnings in Texas have to be reported?
[38:02] Discussion of the tax implications for a team consisting of an amateur gambler and a professional gambler.
[43:52] Does being barred from a casino affect a player's ability to get win/loss records?
[47:16] Can a professional gambler take the foreign earned income exclusion?
[51:30] Should enrolled agents violate federal law or state law when there is a conflict?

ClaytonTax.com
TaxableTalk.com
LasVegasAdvisor.com
DraftKings.com

AutoSlash - http://autoslash.com
SouthPoint Casino - https://southpointcasino.com/
https://www.videopoker.com/gwae

Gambling With an Edge - Listener emails

This week Bob and I answer questions submitted by our listeners. We encourage your questions, and you can send them to gamblingwithanedge@gmail.com.

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Show Notes:

[00:00]  Intro

[00:40]  What hourly rate is acceptable for casino play with little or no heat?

[03:55]  Have you ever let your personal dislike for a casino corporation or casino owner factor into your decision to play?

[08:29]  How do full time APs answer questions and/or provide documentation on CTRs?

[12:42]  How do you deal with players following you from game to game?

[18:34]  Do you know of anyone that has successfully fought a trespass?

[22:15]  If you're not trespassed, how long would you stay away after being backed off?

[26:56]  SouthPoint November Promotions:  Walmart gift cards promo.

[28:42]  AutoSlash.com can save you money on car rentals.

[30:43]  VideoPoker.com GWAE listeners can get a free trial.

[33:08]  Why would a video poker player not want use casino credit?

[35:42]  How much should a full time card counter expect to make?

[37:59]  How does someone get a legal name change?

[43:02]  Could you play two hands of $1000 with mid-shoe and only positive count?

[44:42]  What books would you recommend for a novice slot player?

[46:50]  How can someone find pay tables on old video poker machines?

[48:40]  What strategy adjustments are needed to play Blazing 7's blackjack?

[50:18]  A casino made a Martingale customer flat bet after winning $800 bet.

[52:00]  Las Vegas Advisor coupon run question.

"The Slot Expert's Guide to Playing Slots" - https://amzn.to/2Rqs7aE

AutoSlash - http://autoslash.com

SouthPoint Casino - https://southpointcasino.com/

https://www.videopoker.com/gwae

Gambling With an Edge - card counter Yoshi

Our guest this week is Yoshi. Yoshi was on the show last October.  At that time he had been counting cards for about 14 months, and ran $3,000 into $300,000.  Now he is back a year later, and his bankroll is over a million.

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Show Notes

[00:00] Introduction of card counter Yoshi
[01:00] What has happened to Yoshi's bankroll since his last appearance?
[01:50] How many hours is Yoshi playing now?
[02:37] How much is Yoshi betting?
[04:17] Has Yoshi finally had a 100+ hour losing streak?
[05:30] Is Yoshi still optimistic about being an AP indefinitely?
[07:38] How did Yoshi's girlfriend feel about his profession?
[08:27] Would Yoshi return to being an AP if he was single?
[11:00] Would being part of a team rekindle Yoshi's desire for playing?
[12:07] Has Yoshi been able to maintain gambling friendships since he has become inactive?
[13:12] Is Yoshi writing songs about his gambling experiences?
[14:21] What advice would Yoshi give to aspiring card counters?
[20:48] Discussion of burnout and boredom.
[23:32] How did Yoshi deal with CTRs and player's cards?
[27:02] Has Yoshi had any bad back-offs or 86s?
[31:08} SouthPoint October Promotions
[31:58] AutoSlash.com
[36:30] VideoPoker.com
[38:23] Has Yoshi had any recent pleasant surprises in casinos?
[41:22] What was Yoshi's tipping policy?
[42:51] Did Yoshi celebrate after reaching any bankroll milestones?
[45:04] Does Yoshi endorse a large spread with no cover strategy?
[49:17] Why did Yoshi like to play standing up?
[55:30] Yoshi shares some other fond memories.


AutoSlash - http://autoslash.com
SouthPoint Casino - https://southpointcasino.com/
VideoPoker.com - https://www.videopoker.com/gwae

Gambling With an Edge - guest Captain Jack and G2E 2018

Bob and I are again joined by sports bettor and GWAE columnist Captain Jack to discuss what we saw, liked, or didn't like at the recent Global Gaming Expo held last week in Las Vegas.

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Show Notes

[00:00] Introduction of Captain Jack and G2E
[00:40] How can casino managers improve sportsbook operations?
[03:40] What new sports betting offerings did Captain Jack see at G2E?
[08:10] In-game betting approval process and regulation.
[11:45] Expansion of Westgate SuperBook to other states.
[12:54] Facial recognition products.
[16:07] A blackjack variant where all hands push on a dealer 16.
[19:06] A "smart shoe" ShuffleMaster blackjack variant.
[20:22] New side bets on most table games.
[21:42] New video poker games: Lucky 8, Max Action Poker, and Stack the Deck, etc
[35:38] Multi-Strike and Super Times Play Keno.
[36:30] Gamblit skill-based games: Pac-Man, Deal or No Deal, etc
[39:18] Gaming Arts' Casino Wizard blackjack game.
[40:20] Stadium games with multiple games, fewer dealers.
[41:17] Next Gaming's skill-based games.
[42:15] SouthPoint Casino October promotions.
[42:37] VideoPoker.com promotions.
[43:12] AutoSlash.com car rentals.
[45:11] Cammegh roulette randomness.

AutoSlash - http://autoslash.com
SouthPoint Casino - https://southpointcasino.com/
VideoPoker.com - https://www.videopoker.com/gwae

Gambling With an Edge - guest Captain Jack

Our guest this week is Captain Jack.  Captain Jack is a sports bettor and GWAE columnist, and we discuss how sports betting is proliferating in numerous states following the repeal of the PASPA law.

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Show Notes

[00:00] Intro of Captain Jack
[00:30] What is Captain Jack's opinion of sports betting in states that recently legalized sports betting?
[01:52] Sports betting promotions that have a positive expectation.
[03:30] Are there sports betting apps in New Jersey?
[05:03] Are the lines in New Jersey identical to lines in Las Vegas?
[06:02] Are soccer prices different between the U.S. and Europe?
[07:06] What other states are soon going to have legalized sports betting?
[09:30] How would someone know if their home state is good for sports betting?
[13:58] Why is Louisiana facing more opposition to gambling than Mississippi?
[15:30] What will September sports betting in New Jersey revenue be?
[19:14] How is online gambling doing relative to online sports betting in New Jersey?
[20:15] What is the online gambling revenue in New Jersey?
[21:26] Is it wise to ban skilled sports bettors? Does this happen in New Jersey?
[25:02] Why hasn't BetFair done better?
[28:33] The FanDuel Denver vs Oakland live-betting line error incident.
[34:11] Southpoint October promotions
[35:08] AutoSlash saved Bob time and money.
[36:33] VideoPoker.com promotions
[38:30] What makes a winning sports bettor?
[44:20] How smart are sports betting APs?
[46:52] Reconciling historical data, rule changes, and small sample size.
[51:11] Discussion of sports tout and affiliate services.
[55:35] Captain Jack's column on Gambling with an Edge
[57:55] Captain Jack's Twitter @CapJack2000

AutoSlash - http://autoslash.com

SouthPoint Casino - https://southpointcasino.com/

VideoPoker.com - https://www.videopoker.com/gwae

Gambling With an Edge - Listener emails

This week Bob and I answer questions submitted by our listeners. We encourage your questions, and you can send them to gamblingwithanedge@gmail.com.

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Show Notes:

[00:00]  Intro

[00:40]  AutoSlash now sponsors GWAE.  Richard shares a personal experience where AutoSlash saved him over 50% off of his initial reservation.

[04:39]  How can listeners help to support GWAE?

[06:50]  Bob discusses strategies for saving money on wine while on a Norwegian Cruise.

[11:30]  Listener Question #1:  Are their any resources that illustrate the logic of blackjack basic strategy?

[13:57]  Listener Question #2:  How do you figure out the advantages of joining a slot club for a video poker player?

[15:16]  Listener Question #3:  Does having a multiplier in Good Times Pay change the strategy?

[16:19]  Listener Question #4:  What blackjack counting strategy is best for a beginner with reasonable ability?

[19:22]  Listener Question #5:  What theoretical loss will be assigned to a 25-cent 9/6 Jacks machine on a bank of mostly 8/5?

[22:51]  Listener Question #6:  Should a player 86'd from Pechanga continue to play elsewhere in CA or move to NV?

[30:40]  Listener Question #7:  What games should a player practice to maximize win in Vegas?

[32:30]  SouthPoint October promotions

[33:27]  VideoPoker.com memberships and game of the week, 100-play Draw Poker

[36:26]  Listener Question #8:  Does Richard plan his trips in advance?  What was his longest trip?

[37:55]  Listener Question #9:  What are Vegas restaurants are great for a date night?

[44:52]  Listener Question #10:  How do you find casinos if maps aren't helpful?

[45:55}  Listener Question #11:  Do you have an stories about people wrongly believing that they have an edge?

[49:45]  Listener Question #12:  Can you postpone claiming a jackpot until the new year for tax purposes?

[52:46]  Listener Question #13:  What is the origin of Richard's last name?

Sites/Books referenced:

Black Belt in Blackjack by Arnold Snyder - https://amzn.to/2RnF8m8

Blackjack Blueprint by Rick Blaine - https://amzn.to/2Rm03WJ

Playing Blackjack as a Business by Lawrence Revere - https://amzn.to/2Ozuuu9

Million Dollar Blackjack by Ken Uston - https://amzn.to/2OxXrGU

Professional Blackjack by Stanford Wong - https://amzn.to/2DWPTcs

Million Dollar Video Poker by Bob Dancer - https://amzn.to/2RoPjqM

AutoSlash - http://autoslash.com

SouthPoint Casino - https://southpointcasino.com/

VideoPoker.com - https://www.videopoker.com/gwae

Gambling With an Edge - Gabby Girl part 2

Gabby Girl returns, telling us about her interactions with mobster Tony Spilotro and others.

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Show Notes

[00:00] Intro
[00:43] Listener question #1: Should a casino care about simultaneous pass and don't pass bets? [05:18] Listener question #2: Is it just as effective to count only aces and tens?
[07:30] Listener question #3: Do casinos care if players use a video poker strategy card at the machine?
[09:00] Listener question #4: Which machines are best for coupon redemption?
[10:35] Listener question #5: Is a 25% commission reasonable to sign someone else's W2G
[14:17] Gabby Girl's experience wearing a wire in a DMSO case discussion
[19:19] Has Gabby Girl ever testified?
[21:00] Gabby's experiences with Anthony Spilotro
[22:11] Tommy Amato discussion
[26:59] Conflicts between private investigator work and social life
[30:57] Prostitution sting at The International (currently known as the Hilton)
[35:23] Serving papers on a boxer
[40:44] Chateau Vegas
[42:39] Frank Cullotta's avoidance of gun use
[44:48] Toastmasters

Gambling With an Edge - Gabby Girl

Our guest this week is Gabby Girl, a woman who was a private investigator back in the early 1980s and did work for Oscar Goodman as he defended mobsters.

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Show Notes

[00:00] Gabby Girl Intro
[00:55] Show Notes for GWAE
[02:12] Richard randomly experiences of the value of an Las Vegas Advisor coupon at the Palms [03:42] Listener email question #1: Why would a sports book ban a sharp player?
[06:43] Listener email question #2: How do you discretely scout table games?
[08:40] Listener email question #3: When is it socially acceptable to leave a poker home game? [11:14] Listener email question #4: Is 6:5 blackjack here to stay in Las Vegas?
[13:40] Listener email question #5: Why are Europeans more accepting of constant shuffle machines? [14:23] Listener email question #6: Where does Richard play chess online?
[14:54] Gabby Girl's experience as a private investigator before she was 21
[16:14] How Gabby Girl learned to extract information from people
[18:01] Cary Sayegh kidnapping case
[21:13] Joseph Yablonsky and Oscar Goodman
[24:23] Gabby Girl's father's perception of her job
[25:23] Anthony Spilotro and the Hole in the Wall Gang
[29:15] Frank "Lefty" Rosenthal
[35:11] Frank Cullotta
[41:29] Eddie LaRaue and bonuses for serving difficult subpoenas
[47:39] Surveillance in adultery cases

Las Vegas Advisor - https://www.lasvegasadvisor.com/
Mob Museum - https://themobmuseum.org/
Chicago Joe's - http://www.chicagojoesrestaurant.com/

Gambling With an Edge - Eric Rosenthal part 2

Our guest this week is Eric Rosenthal. Eric returns to continue our conversation about advantage traveling.

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Show Notes

[00:00] Introduction of Eric Rosenthal,
[00:50] Richard wants to go to London efficiently via cash and/or points
[07:15] How to build a network of casino hosts, getting value from social skills and host referrals [14:18] Utilizing player cruise offers, UrComped.com
[20:28] Creating goodwill by referring other strong players to hosts
[22:32] Identifying and maximizing tier-based benefits, additional cruise offer discussion
[30:00] Are hosts interested in AP video poker players?
[33:53] Starwood Preferred Guest, Marriott, and Cosmo points
[36:58] Timing action and "theoretical" to maximize offers
[40:10] Could someone earn Seven Stars only via churning without gambling?
[43:08] Markers versus front money
[46:04] Leveraging non-casino programs to negotiate with hosts
[50:52] The need for modern day travel agents/award travel specialists
[52:48] "Vegas Confessions" podcast

Award Wallet https://awardwallet.com/blog/
Urcomped https://urcomped.com/
Travelzork https://travelzork.com/
Twitter @erosenthal1029
Email ericr@travelzork.com
podcast Vegas Confessions https://www.vegasconfessionspod.com/

Gambling With an Edge - Eric Rosenthal

Our guest this week is Eric Rosenthal. We talk to Eric about combining advantage gambling with advantageous use of travel options.

podcast 
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Show Notes

[00:00] Introduction of Eric Rosenthal, @erosenthal1029, ericr@travelzork.com
[00:45] TravelZork.com, casino loyalty and travel loyalty education company
[02:45] Eric's experience with Revel's $100k loss rebate promotion, mailers, and the benefits of verifiable play
[13:36] Finding partners, managing taxes, and dividing comps from the Revel $100k promotion [18:25] Parlaying play at Revel into offers from competing properties in Atlantic City
[32:56] Travel hacking, manufactured spending, credit card discussion
[40:40] Tracking loyalty and credit card points, Award Wallet app
[43:54] Nothing lasts forever in AP or churning
[45:34] Creating extra video poker "theoretical."
[49:48] What has happened to Eric's team since the Revel promotion?
[52:42] How is Las Vegas for comps?
[54:05] Creating extra table games "theoretical."

Max Rubin's Comp City https://amzn.to/2PJt2mC
Award Wallet https://awardwallet.com/blog/
Urcomped https://urcomped.com/
Travelzork https://travelzork.com/
Twitter @erosenthal1029
Email ericr@travelzork.com
podcast Vegas Confessions https://www.vegasconfessionspod.com/

Gambling With an Edge - Dr. Nick

Our guest this week is Dr. Nick.  Dr. Nick is a blackjack player, gambling writer, and host of the podcast Dr. Nick and the Hot Aussie Chick.

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Show Notes

[0:30] Listener question #1:  Basic player card info for video poker

[4:29] Listener question #2:  Tips for memorizing basic blackjack strategy

[7:39] Listener question #3:  Blackjack and No Limit Texas Hold'em risk of ruin

[11:52] Dr. Nick's arrest for allegedly cheating at Green Valley Ranch

[20:30] G2E's "Current Cheats, Scams, and Frauds" seminar featured Dr. Nick's case, despite dismissal of charges

[31:15] Dr. Nick's path to blackjack and experience with the MIT blackjack team

[39:49] Blackjack in Las Vegas, EV of players card versus EV of anonymity 

[44:01] Dr. Nick's case against Caesar's for breach of innkeeper's duty

[46:03] Dr. Nick's educational background and current projects

[48:30] "Dr. Nick and the Hot Aussie Chick" podcast

"Dr. Nick and the Hot Aussie Chick" podcast Gamblingwithanedge.com

Casino Verite software https://www.qfit.com/

Playing Blackjack as a Business  https://amzn.to/2PbJxqn

Theory of Blackjack  https://amzn.to/2NoyRnO

The Course - https://amzn.to/2PIlron

Gambling With an Edge - RX Gamble part 2

This week is part 2 of our interview with RXgamble, a woman born and raised in Vegas who went from casino dealer to top advantage player.

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Blog rxgamble.com
Twitter @rxgamble

Gambling With an Edge - RX Gamble

Our guest today is RXgamble, a woman born and raised in Vegas who went from casino dealer to top advantage player.

podcast 
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Blog rxgamble.com
Twitter @rxgamble

Gambling With an Edge - Listener emails

We have no guest this week. Bob and I answer listener emails.

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Gambling With an Edge - guest Max Shapiro

Our guest today is Max Shapiro, longtime CardPlayer columnist of "Read 'Em and Laugh," and one of the best poker humorists of all time. But first we go back to the mail bag to answer listener questions.

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Gambling With an Edge - poker player Barbara Enright

Our guest today is Barbara Enright, member of the Poker Hall of Fame, the Women's Poker Hall of Fame, and the Senior Poker Hall of Fame. Barbara is also the only woman to ever make the final table of the main event of the World Series of Poker. Before our interview with Barbara we answer listener emails.

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Gambling With an Edge - guest Jimmy Jazz

Bob and I are joined by Jimmy Jazz to talk about getting the most bang for your bucks on auto rentals, air travel, and credit cards.

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Show Notes

Gambling With an Edge - card counter Ryemo

This week our guest is Ryemo (pronounced RYE-mo), who is a family man who plays blackjack full time without a partner. Ryemo is on the road playing about 500 hours per year, and talks honestly about the difficulties of life on the road, and long losing streaks.

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Show Notes

blackjackdiscord.com

Gambling With an Edge - Poker Pro, Tony part 2

Bob and Richard visit with poker player Tony in the second of two back-to-back interviews. We speak of how the UIGEA and Bitcoin regulation are related, cheating in poker, online tells, and being clipped in a European strip club.

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Show Notes