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, January 25, 2018

Gambling With an Edge - listener emails

We have no guest this week.  Bob and I reach into the mail bag to answer listener questions.

Podcast
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Show Notes

[00:37] A bankroll requirement for a stadium Blackjack game
[02:38] Traffic hazards
[06:11] What do you wish someone has told you at the beginning of your career?
[09:26] What purchase of $100 or less in the last year improved your life the most?
[12:27] What are your favorite gambling books?
[15:33] Did James Grosjean’s book cause many card counters to switch to carnival games?
[17:55] Would the strategy change if you have a use-once-MP coupons
[19:52] Playing slot machines for cover
[22:01] Traveling bankroll: how much should you carry?
[25:13] If you have found AP earlier or if you were younger, would you have left your career immediately for it?
[28:09] Richard and Bob’s previous lives
[29:38] Supplementing income with Blackjack card counting with $3,000 BR
[32:07] Book recommendations for Blackjack
[34:12] Dealing with big losses
[35:54] Which game should I play for point challenge with a $10,000 BR?
[38:26] Similarities between AP and crimes
[40:14] Would you quit depending on the amount of win or loss?
[46:33] If the casino has a low game protection procedures in general, is it safe to count cards?
[49:08] EZ Baccarat
[50:37] A new casino in Las Vegas
[53:35] Recommendations to a middle-aged man starting out as an AP
[58:18] Multi-Line VP v.s. Single-line VP
[1:00:52] Bonus multi-lines game
[1:01:26] Why average BR is 3x-4x jackpot?
[1:02:51] Tutorials for Dream Card

"Gambling Wizards” by Richard W. Munchkin: http://amzn.to/2E7C9L3

"The Man with the $100,000 Breasts" by Michael Konik: http://amzn.to/2FD6FcQ

"Fast Company" by John Bradshaw: http://amzn.to/2DY3P5H



"The Moon and Sixpence” by W. Somerset Maugham : http://amzn.to/2E8paZA

"Knockout Blackjack" by Olaf Vankura and Ken Fuchs:  http://amzn.to/2DWl8UG

"Blackjack Blueprint” by Rick Blaine: http://amzn.to/2Ezaqk7

"Professional Blackjack” by Stanford Wong:  http://amzn.to/2GIMOKk

Thursday, January 18, 2018

Gambling With an Edge - guests Peter Fornatale and Mike Maloney

Our guests this week Peter Fornatale and Mike Maloney. Together they have authored Betting With an Edge; A Professional Horse Player's Life in Thoroughbred Racing. Mike has been betting the horses since he was a child, but quit his job in 2000 to pursue it professionally. Mike is the Daily Racing Form Tournament editor, as well as the host of the DRF Players' Podcast.

podcast
Click to listen. Alt click to download

Show Notes

[01:19] How did the book come about?
[07:59] How did Peter meet Mike?
[09:31] How did the computer assisted betting in the 90’s affect Mike’s betting?
[10:11] When did Mike quit his job?
[13:36] What is track bias, and how does Mike handle it on multiple tracks?
[16:49] What is mapping routes?
[19:44] Is there a way to narrow down the candidates for looking for biases?
[21:55] The threshold for getting rebates and how much can you expect?
[23:21] Declines in the popularity of the U.S. tracks
[29:17] “The Sting” and cheating in the 21st century
[38:41] Ways where Horse racing could improve
[49:05] Tournament horse racing v.s. normal horse racing
[52:47] Resources for getting started in horse racing
[56:07] Handicapping thoroughbred horses and quarter horses


"Betting with an Edge”: http://amzn.to/2DXUfff

Mike Maloney: @silk1900
Peter Fornatale: @loomsboldly

Thursday, January 11, 2018

Gambling With an Edge - guest card counter SmallCap #3

Our guest on the show this week is a very successful card counter we call SmallCap. He has been on the show twice before (see show notes below for links to past episodes) and has always been a very popular guest. We talk about card rooms in California, as well as some of his personal struggles.

podcast
Click to listen.  Alt click to download

Show Notes

[00:43] Cardrooms in CA and banking games
[09:06] How non-AP gambling got him barred
[14:12] Taking a break for personal improvement
[23:26] Day trading v.s. Blackjack
[29:12] Going back to Blackjack
[35:36] Idiosyncrasies among different AP's
[37:57] Safety concerns of working in a less secure neighborhood and Tinder strategies
[42:07] Playing in Europe and DBA
[45:29] Benefits of playing at a higher minimum
[48:00] DUI in New Jersey
[52:14] His next plan and why liquor licenses can be great for a laundromat

Thursday, January 4, 2018

Gambling With an Edge - guest Molded Truths

Our guest this week is Molded Truths.  That is the handle he uses on the blackjack message boards.  MT has played all across the US, and in many foreign countries. He has been manhandled a few times by casino security, and this has lead to some successful lawsuits against casinos which we discuss.

podcast
Click to listen - Alt click to download

Show Notes

[01:45] The origin story
[05:01] The initial bankroll: the upside of interest free credit card loan
[10:17] The lawsuit Arizona 
[15:52] Is Columbia dangerous for AP?
[19:20] Lawsuits in South America
[32:47] The Reno lawsuit
[47:27] How much does Molded Truths play these days?
[50:57] Where is Bitcoin heading to?

Andreas Antonopoulos:  https://antonopoulos.com/