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 21, 2017

Gambling With an Edge - guest James Vogl

Our guest this week is James Vogl.  James is a former backgammon, and poker player (He won a WSOP bracelet at 24.) who then moved into the world of hedge funds.  Now he has moved on from the trading world to start something called The Cerebral Gym.

Click to listen - Alt click to download

Show notes

[01:27] James Vogl’s backgammon career
[02:47] Are there still active backgammon club in London?
[03:55] What it was like transitioning into poker from Backgammon
[06:23] Poker books that stood out for James
[07:39] Why did Gus Hansen change his name?
[09:14] How long did James play poker before he got a real job?
[09:47] Did James play a lot of online poker?
[12:29] Hedge funds, computer, and math skills. What was James’ market?
[15:38] Did the fund keep track of P/L? How did James compare to S&P 500 over the years?
[17:15] Video Poker v.s. trading
[19:28] Why did James leave trading?
[20:23] Did his romantic relationships affect his decision to quit gambling?
[23:34] Gambling v.s. trading
[28:39] Do the traders look at themselves as gamblers?
[30:51] Is a press-up the same as a push-up?
[33:31] Does James find the various games he played different or similar?
[38:52] Does James see himself returning to the gambling world?
[47:47] James’ cheating encounters at gambling or trading

"Theory of poker" by David Sklansky:
"Play Poker, Quit Work and Sleep Till Noon” by John Fox:
"Liar’s Poker” by Michael Lewis:

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