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, February 28, 2019

Gambling With an Edge - Vagabond and emails

In today’s show, we have about 10 extra minutes from when Vagabond was on last week, and then we go into our mailbag and answer listener questions.

We welcome your questions - send them to us at, or you can find me at @RWM21 on Twitter.

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Show Notes

[00:00] Introduction of globetrotting AP, Vagabond
[00:30] Extreme couponing [08:50] Computer programming and AP
[09:40] Safety and security in foreign casinos
[13:23] Online Ocean Magic game in New Jersey
[17:37] Louisiana card counting law
[19:10] Requests for questions for Bob Narsesian
[19:51] Listener question about the "two pass method"
[21:12] Listener question about hole-carding UTH
[21:59] Listener question about a loss rebate
[22:55] Listener question about card counting without heat
[26:30] Listener question about penetration and EV
[28:24] Listener question about suite blackjacks paying 2 to 1
[29:57] Listener question about bankroll question about Jacks or Better
[35:08] Listener question about a cash out threshold that requires surveillance
[38:34] Listener question about an over payment in blackjack
[42:54] South Point Casino March promotions: Extra free play offers
[43:38] Game of the week is "Peek and Play Poker"
[44:50] Listener question about video poker locations and pay tables
[47:00] Listener question about getting backed off at the El Cortez
[49:11] Listener question about a possible sighting of Richard in Reno
[50:25] Listener question about errors in video poker caused by sticky buttons
[52:20] Listener question about dealer cheating in blackjack
[55:41] Listener question about the greatest gambling songs

Thursday, February 21, 2019

Gambling With an Edge - Vagabond

Our guest this week is a professional professional blackjack player, and world traveler - Vagabond.

We welcome your questions - send them to us at, or you can find me at @RWM21 on Twitter.

click to listen - alt click to download

Show Notes

[00:00] Introduction of globetrotting AP, Vagabond

[00:32] Vagabond's early gambling experience with deuces wild, blackjack, and table games

[02:25] Overcoming shyness and interacting with casino employees

[05:37] Is working in government intelligence helpful in AP work and getting through customs?

[07:13] How did Don Johnson help Vagabond?

[08:40] How is Vagabond's approach blackjack different than players who get backed off often?

[09:37] Travel planning, customs, foreign currency management, and currency declaration

[17:48] Casinos in Cambodia

[20:55] Vagabond's favorite and least favorite countries

[24:30] Good blackjack rules and a 15% loss rebate

[30:32] South Point Casino February promotions: casino-wide progressives, free video poker classes

[32:25] free strategy correction for video poker games for gold members

[33:30] Gambling in Madagascar

[35:58] How to bet big as a white American in foreign countries.

[37:00] Does Vagabond usually travel with his wife?

[38:55] Vagabond's trip to Suriname

[40:36] Vagabond's layover in the Dominican Republic

[41:55] What countries are notorious for cheating?

[43:51] Additional discussion of currency exchange problems

[48:48] Vagabond's note taking methodology

[51:56] Do foreign countries have databases of APs like OSN?

[53:17] Are back-offs in foreign countries more polite that back-offs in the U.S.?

Thursday, February 14, 2019

Gambling With an Edge - Sports bettor Rufus Peabody

Our guests this week is professional sports bettor Rufus Peabody,  who tells the story about being shut out of a $1 million first prize at the Draft Kings NFL handicapping contest. We also discuss his sports betting process, and his podcast, Bet The Process.

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Show Notes

[00:00] Introduction of Rufus Peabody, professional sports bettor

[00:30] How did Rufus get involved in sports betting?

[03:19] Besides econometrics, what other mathematical experience does Rufus have?

[04:22] Does Rufus wish that he had an alias?

[04:59] Draft Kings contest: overlay, parlays, strategy, bet grading

[14:13] Did Rufus' Super Bowl portfolio do well?

[16:01] Where did Rufus watch the Super Bowl?

[16:30] "Bet the Process" podcast with Rufus and Jeff Ma

[19:42] Rufus' NFL consulting experience

[21:35] What teams are most likely to embrace analytics?

[23:23] Should an NFL trailing by 3 points call a time out before the 2-minute warning?

[25:00] South Point February promotions - casino-wide progressives, President's Day $32k give away, free video poker classes

[26:43] - Game of the Week is "Face Card Frenzy"

[27:24] Where does Rufus release his picks?

[27:56] Does Rufus mostly bet sides and totals?

[28:57] How does Rufus balance the pros and cons of early betting and late betting?

[30:04] Does Rufus watch games?

[31:31] Does Rufus like bridge jumper bets like "no safety?"

[33:07] Betting on golf

[33:24] How does Rufus get NFL data?

[34:15] MLB data sets and umpire biases

[36:04] Rufus' Twitter feed, @RufusPeabody

[36:41] Rufus' Super Bowl betting process

[40:46] Is it more dangerous to bet on Belichick games?

[43:06] Did Rufus get as much money down as expected on the Super Bowl?
[46:47] Would Rufus use bet runners to get money down?

[47:36] Did Rufus ever consider betting on horse racing?

[49:05] How did Rufus' parents react to his career path?

[50:43] How does Rufus' career affect his relationship with his girlfriend?

Thursday, February 7, 2019

Gambling With an Edge - Spanky part 2

Our guest this week is a professional sports bettor, Spanky.  We discuss how his operation works, and the art and science of sports betting.

We welcome your questions - send them to us at, or you can find me at @RWM21 on Twitter.

click to listen - alt click to download

Show Notes

[00:00] Introduction of sports bettor Spanky, @Spanky on Twitter
[00:30] Richard's secret game
[01:09] Was Spanky affected by the blown call in the Saints/Rams game?
[04:13] How did Spanky get his nickname?
[05:18] How often did Spanky get stiffed by offshore books?
[06:24] Does Spanky bet on March Madness or avoid it?
[08:26] Does Spanky enter handicapping contests?
[11:23] What percentage of Spanky's betting is against the opening line?
[13:16] What percentage of the time does Spanky beat the closing line?
[15:35] Does Spanky beat the Pinnacle closing lines?
[20:47] Is any sport particularly easy to beat?
[22:37] What division of labor exists on Spanky's team?
[26:12] Do Spanky's employees have non-compete agreements?
[28:13] How does Spanky evaluate potential betting partners?
[30:33] More info on Spanky's Billy Walters story
[33:00] South Point Casino February Promotions, free video poker classes
[34:30] Game of the Week is "Super "Triple Play Jackpot"
[35:34] How much is Spanky involved in game analysis?
[36:47] Do less experienced bettors remove some of Spanky's edge?
[40:14] Does Spanky bet on obscure games that his employees recommend?
[42:29] How much autonomy do Spanky's employees have?
[45:02] Does Spank bet on baseball?
[46:21] More info on Spanky's experience in Costa Rica
[50:45] Did Spanky know Tony, the founder of 5Dimes?
[53:08] How does Spanky make money? What is the mix of art and science?
[56:16] How can people get in touch with Spanky?
[56:54] Do books often cut Spanky's lines as shown in his Harrah's video?