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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 29, 2022

Gambling With an Edge - Alex Kane of Sport Trade

Our guest this week is Alex Kane of Sport Trade.  Sport Trade is a betting exchange run very much like a financial market.  rather than betting with a bookmaker, players bet against each other.  Currently they are only available in New Jersey.

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 Alex Kane of Sporttrade

[00:44]  Alex's educational and sports betting background

[03:12]  Betting exchanges versus bookmaker models

[06:47]  Sporttrade commissions, Betfair's commission policy

[09:10]  Algorithmic betting

[10:42]  Can participants create their own market on Sporttrade?

[15:51]  What is the average hold on a recreational bettor on Sporttrade?

[17:18]  Prop bets

[19:39]  Liquidity providers

[23:10]  In-game odds, DeckPrism Sports

[26:41]  How are liquidity providers getting their data?

[29:22]  Commercials

[32:01]  What sports are covered?  What sports might be covered soon?

[34:21]  Entertainment and political event markets

[36:07]  Court-siding

[42:18]  Sport trade user base and growth

[46:33]  Technology, delays, connectivity

[50:27]  Price discovery

[52:58] Contacting Alex at Twitter.com/A_Kane47

[53:30]  Recommended:  George and Tammy on Showtime, wearing headphones while playing, Blink of an Eye


Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com


Recommended:

http://Sho.com/george-and-tammy

http://Youtu.be/i0gTo-qpxSI

Thursday, December 22, 2022

Gambling With an Edge - Bob Nersesian 12/22/2022

Our guest this week is attorney Bob Nersesian. We had so many questions last time from our listeners that we had to ask Bob back for another round.

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/ners12222022



Show Notes

[00:00]  Blackjack Hall of Fame

[01:15]  Resetting progressive jackpots

[08:30]  Scanning ID without consent while cashing out

[11:37]  Technicalities of trespassing in PA

[15:10]  Banking laws, right to refuse customers

[24:47]  Casinos using wifi to access phone data

[29:19]  Lying about the location of ID, elements of fraud

[31:16]  Inspecting state agents

[35:37]  Native American casino denying jackpot for vulturing UX

[36:18]  Surveillance audio

[39:36]  Delaying cash outs, patron redemptions

[44:00]  Commercials

[46:24]  Using a calculator to determine the edge on a progressive

[49:58]  Bad beat jackpot being held after poker room closure

[51:14]  Selling comped tickets

[54:41]  Recommended:  Versailles, Suspect by Scot Turowk, Kenny Rogers "Kentucky Homemade Christmas"


Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com


Recommended:

Versailles on Netflix - http://Netflix.com/title/80099753

Suspect by Scot Turow - https://amzn.to/3jpJTOt

http://Youtube.com/watch?v=wQHnFCMlTlg


Thursday, December 15, 2022

Gambling With an Edge - Sports Bettor Amber Gamble

Our guest this week is a sports bettor named Amber Gamble.  Amber has a stats background and started her sports betting journey just a couple years ago.

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 sports bettor, Amber Gamble

[00:40]  How did Amber get into the gamblng world?

[02:05]  Did dealing blackjack pique her interest in playing?

[03:53]  Moving to Lake Tahoe, pooling tips

[06:04]  Harvey's in the 1990s, the casino's attitude towards card counting

[07:48]  Moving to Las Vegas, card counting, data science, and sports betting

[09:51]  How did Amber start sports betting?

[11:55]  MMA data, handicapping MMA

[15:51]  Casinos in Mexico, ID requirements, taxes

[22:20]  Finding an edge, scaling it

[25:05]  Betting offshore

[26:25]  Has Amber expanded into betting other sports?

[32:18]  Commercials

[35:02]  Analytics.bet

[40:52]  Real World Risk Institute

[45:20]  Vegas travel tips

[54:17]  Twitter.com/ambergambling

[55:15]  Recommended:  Chili Caliente, Lady Chatterly's Lover, The Logic of Sports Betting by Ed Miller and Matthew Davidow, Shaper by PokerJoe



Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com


Links Referenced:

http://Analytics.bet

http://Twitter.com/PlusEVAnalytics

http://Realworldrisk.com

http://LasVegasAdvisor.com


Recommended:

http://Chilecalientetym.com

http://Netflix.com/title/81476441

The Logic of Sports Betting by Ed Miller and Matthew Davidow - https://amzn.to/3V2nR1m

Shaper by PokerJoe - https://amzn.to/3HEYUWR

Thursday, December 8, 2022

Gambling With an Edge - attorney Bob Nersesian

Our guest this week is attorney Bob Nersesian. Bob answers legal questions sent in by our listeners.

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/ners12082022


Show Notes

[00:00]  Introduction of gambling attorney, Bob Nersesian

[00:30]  Spotify podcast stats for GWAE

[01:56]  Resorts Casino in AC, sovereign immunity.

[04:13]  Online sportsbook misgraded wager

[09:11]  Player asked for SSN for craps buy-in, CTR

[12:50]  Chip verification in Las Vegas after the Young case

[23:43]  Civil forfeiture

[28:45]  Playing unrated after a trespass

[34:42]  Identification requirements and refusals for CTRs, SAR

[45:46]  Commercials

[49:12]  Sports betting TOS, betting by a spouse

[53:01]  Limiting skilled sports bettors

[56:51]  Structuring, exceeding $10k over multiple buy-ins

[59:55]  Recommended:  Jeki Yoo, Season 5 of The Crown, Band of Brothers



Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com


Recommended:

http://Instagram.com/jekiyoo

http://Netflix.com/title/80025678

http://Hbo.com/band-of-brothers


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 27, 2022

Gambling With an Edge - Mail Bag 10/27/2022

 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.

podcast - https://www.spreaker.com/user/7418966/mail10252022

Show Notes


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

Thursday, July 7, 2022

Gambling With an Edge - guest Adam Bjorn

Our guest this week is Adam Bjorn.  Adam has worked both sides of the counter for over 30 years,  He is both a professional bettor, and a bookmaker, and now is working for a software company aimed at giving bookmakers bettor tools for servicing their customers.

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 of Adam Bjorn, sports bettor and sportsbook software expert
[00:43]  Adam's background in gambling
[01:57]  Finding an edge, informational advantages
[06:20]  Why did Adam move to Jamaica?
[11:24]  Getting accounts shut down, maintaining outs
[13:16]  Bookmaking in Jamaica
[16:41]  Horse racing in Jamaica, pools, rebates, etc
[20:02]  Creating software for sportsbooks
[24:14]  Limiting and banning players
[28:00]  South Point Casino July Promotions - $650k Summer Money Madness casino-wide progressives
[28:45]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[29:17]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners
[29:54]  Adam's software work
[33:15]  Bottom-up versus top-down
[35:58]  Programming and sales
[37:07]  Is Adam still betting?
[40:54]  Top-down approach
[43:17]  Less volume, bigger edge
[44:12]  Billy Walters
[45:24]  Gambling in India
[48:20]  Hedging
[50:40]  Recommended:  Banza pasta, Ultimate X Poker by James H. Haskell, Atomic Habits by James Clear

Sponsored Links:

Guest Links:

Recommended:
Ultimate X Poker by James H. Haskell https://amzn.to/3bXbUJJ
Atomic Habits by James Clear https://amzn.to/3AyVuSc

 

Thursday, June 30, 2022

Gambling With an Edge - guest Houston Curtis

Our guest this week is Houston Curtis.  Houston is a sleight of hand expert, and executive producer of the live streaming poker show "Live At The Bike."  We talk about some of the recent poker cheating scandals and what you can do to protect yourself.  He is also the author of Billion Dollar Hollywood Heist, and his experiences playing in "Molly's Game."

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/houstoncurtis2
Click to listen - Alt click to download


Show Notes

[00:00]  Introduction of Houston Curtis, sleight of hand and game protection expert

[00:41]  GWAE is changing podcast platforms

[02:23]  Live at The Bike

[07:45]  Limon

[08:46]  Cheating in card games

[13:28]  RFID, hole cards, Mike Postel, home games

[20:09]  Shufflemaster vulnerabilities in Texas

[27:47]  South Point Casino July Promotions - $25k and $1k-$2.5k casino wide progressives

[28:33]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room

[29:04]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   

[30:40]  Houston's video content

[34:24]  Using cheating knowledge to protect games versus to cheat games

[35:34]  Responses to cheating and proactive measures like limiting dirty money, social media

[39:18]  Selecting players for Live at the Bike

[43:59]  Producing 1,000 hours of content per year

[44:58]  Houston's upcoming book, Million Dollar Mechanics, to be published by The Huntington Press

[47:13]  Steve Forte

[52:09]  Recommended - The Old Man on FX and Hulu, How to Tell a Story audiobook by The Moth, Live at The Bike



Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae


Guest Links:

http://Twitter.com/houston_curtis

http://Kardsharp.com

http://Liveatthebike.com

Billion Dollar Hollywood Heist https://amzn.to/3AlyhT4


Recommended:

http://Fxnetworks.com/shows/the-old-man

How to Tell a Story by The Moth https://amzn.to/3xVGBX2

http://Liveatthebike.com

Thursday, June 23, 2022

Gambling With an Edge - guest Anthony Curtis 6/23/2022

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.


 

Show Notes

[00:00]  Introduction of Anthony Curtis, publisher of The Huntington Press and The Las Vegas Advisor
[00:30]  Upcoming books by James Grosjean from The Huntington Press
[06:34]  Other upcoming books from The Huntington Press
[09:48]  Houston Curtis' upcoming book
[18:08]  New ownership at The Palms
[28:00]  South Point Casino June Promotions - $600k Spin to Win
[29:33]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[30:02]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[32:56]  WSOP on The Strip, online poker
[37:20]  CIrca football contests, recent Circa Sports hires
[40:29]  Video poker at The D and Golden Gate
[44:46]  Recreational marijuana and cannabis lounges
[47:30]  Topless Vegas
[50:57]  The Plaza
[54:53]  Recommended:  Card Magic by Jason on Instagram, Binion's Steakhouse, Rouge at The Strat


Sponsored Links:

Anthony Curtis' Links:

Recommended:

Thursday, June 16, 2022

Gambling With an Edge - mail bag 6/16/2022

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
[00:38]  Double Up feature in video poker
[02:46]  Effect of variance when playing multiple hands on blackjack
[04:00]  Playing online vs playing in-person
[05:50]  Legality of relaying hole card information
[08:06]  Pressing a casino on a jackpot that might have gone unpaid
[10:48]  Tax evasion versus tax avoidance
[15:31]  The value of strategy deviations in blackjack
[16:57]  Continue to play after being flyered?
[20:54]  Keno tournaments
[23:36]  Expected value in video poker progressives
[24:16]  Players who won $90,000 in cash
[27:22]  Getting a pin-locked players card
[29:30]  Playing rated versus unrated
[30:44]  South Point Casino June Promotions - $600k Spin to Win
[32:31]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[33:04]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[33:54]  Asian food in Las Vegas
[36:35]  Slot points for video poker variants
[39:16]  Using free play on high variance video poker games
[43:33]  Harrah's North Carolina properties
[46:28]  Recommended:  Margins of Error podcast, William Bernhardt law drama books

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

Books Referenced;
Blackjack Attack by Don Schlesinger - https://amzn.to/3NUSDGJ
Theory of Blackjack by Peter Griffin - https://amzn.to/39u4X1S

Links Referenced:
http://Youtube.com/c/LasVegasAdvisorSHOW

Recommended:
Margins of Error podcast http://Cnn.com/audio/podcasts/margins-of-error/episodes/7156fbc3-2cab-48b6-bf27-ae8e0182547c

William Bernhardt legal thrillers - https://amzn.to/3aXE4DP

 

Thursday, June 9, 2022

Gambling With an Edge - Fats part 2

Our guest this week is a return visit from professional sports bettor, Fats.  

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 of sports bettor, Fats
[00:37]  Fats' Twitter prediction about William Hill and Circa Sports, Twitter.com/real_fats
[03:17]  Torturing Spiro The Greek
[08:09]  Meeting with the heads of offshore books
[11:03]  1992 Billy Walters' computer trial
[21:28]  South Point Casino June Promotions - $600k Spin to Win
[23:07]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[23:39]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[24:50]  Fats and Spanky were arrested
[42:15]  Advice for new sports bettors
[47:45]  Sports betting tournaments
[54:57]  Recommended:  Ed Thorpe on Tim Ferris podcast, The Hanging Judge by Michael Ponsor, Bad Sport on Netflix


Sponsored Links:

Recommended:
The Hanging Judge by Michael Ponsor https://amzn.to/3aITQlM

Thursday, June 2, 2022

Gambling With an Edge - professional sports bettor, Fats

Our guest this week is professional sports bettor known as Fats.  Fats has been at it over 30 years, and has worked with the best of the best, as well as running his own crew. The man can tell a story.

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 of sports bettor, Fats

[00:50]  Fats' Twitter, Twitter.com/real_fats

[04:52]  Fats' introduction to sports betting

[06:01]  Getting backed off from betting

[08:15]  Betting with "The Businessman"

[11:17]  Fats' math background

[12:51]  Betting baseball

[17:07]  Does Fats originate bets?

[27:00]  Top down versus chasing steam

[29:09]  South Point Casino June Promotions - $600k Spin to Win

[30:46]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room

[31:17]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   

[32:07]  Working with Billy Walters

[32:51]  Interviewing and hiring runners

[39:01]  Stories about runners stealing

[48:37]  Playing backgammon in Las Vegas and Costa Rica

[56:06]  Recommended:  Turning Work into Play episode of Freakonomics, Never by Ken Follett, We Were Wise Guys and Didn't Know It by Scott Schettler


Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae


Links Referenced:

http://Anchor.fm/bebetterbettors/episodes/Fats-Interview-erbs9k


Recommended:

http://Freakonomics.com/podcast/turning-work-into-play

Never by Ken Follett - https://amzn.to/3PS9ifP

Thursday, May 26, 2022

Gambling With an Edge - mail bag 5/26/2022

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
[00:28]  What other professions would Bob and Richard have considered?
[05:37]  Caesars stops sending a player mailers
[07:15]  Would Bob or Richard auction off a meeting?
[09:07]  Brainstorming dead plays
[17:02]  How to prepare for a play that happens at unusual hours
[18:59]  8/5 Aces Bonus
[20:35]  Card counting and AP slots at the same casino
[21:35]  Video poker tournament strategy
[24:00]  Getting Diamond status via hedges
[26:07]  Richard's $3000 bet on roulette 
[28:24]  Illustrious 18 question 
[29:35]  Blackjack strategy and dealer management question
[32:54]  South Point Casino May Promotions - Half-priced gas and goods, $32k Hot Seat Promotion 5/30
[33:43]  https://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[34:14]  https://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[35:35]  Video poker progressives strategies
[36:16]  Cashing chips
[39:12]  Arbitrating gambling disputes
[41:23]  Do the odds of premium hand change with pay schedule?
[44:28]  Building a bankroll
[46:20]   Recommended:  Esther's Kitchen, The Blindside by Michael Lewis

Sponsored Links:

Link's Referenced

Books Referenced:
How to Beat Internet Casinos and Poker Rooms by Arnold Snyder https://amzn.to/39Z7EZ1

Recommended:
The Blind Side by Michael Lewis https://amzn.to/3z0FFCM

Thursday, May 19, 2022

Gambling With an Edge - guest Elihu Feustel

Our guest this week is Elihu Feustel. Elihu is a professional bettor that has also worked the other side of the counter so he brings a unique perspective to his 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.




Show Notes

[00:00]  Introduction sports bettor, Elihu
[00;35]  How did Elihu get started in gambling?
[01:11]  Playing blackjack
[02:22]  Elihu's education and professional life
[03:48]  Transitioning from blackjack to sports betting
[05:51]  Working for Pinnacle
[08:18]  Backgammon
[08:59]  More on Elihu's Pinnacle work, trading
[12:30]  Lessons learned from working in a premier sportsbook
[14:07]  Identifying sharp players and market manipulation
[20:26]  Derivatives betting
[22:03]  Sportsbook Review 
[24:14]  Nitrogen Sports
[25:43]  Lessons from moderating Sports Book Review
[29:50]  South Point Casino May Promotions - Half-priced gas and goods
[31:01]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room
[31:32]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[32:55]  Arbitration cases at Sports Book Review
[37:07]  Can Elihu bet into the books that he's consulted for?
[37:52]  Longevity
[39:39]  Tips for new sports bettors
[44:12]  Outs
[45:43]  Backgammon
[55:10]  Recommended:  Steven Bridges Youtube card counting video, LV Improv show on 5/21, 8 East at Circa


Sponsored Links:

Books Referenced:
Blackjack for Blood by Bryce Carlson https://amzn.to/3LuJBOV
The Logic of Sports Betting by Ed Miller and Matthew Davidow https://amzn.to/3wsQpYY

Recommended:

Thursday, May 12, 2022

Gambling With an Edge - guest Poker pro, Chance Kornuth

Our guest this week is Chance Kornuth.  Chance is a poker player and founder of Chip Leader Coaching. He has over $10 million in career earnings,

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 of poker player, Chance Kornuth
[00:48]  Chance's success and notoriety
[01:36]  Las Vegas charity poker tournament
[03:27]  Chip leader coaching
[04:26]  Chance's poker beginnings, quitting college to play professionally
[07:15]  Reading poker tells
[10:10]  WSOP incident
[13:11]  PLO match with Phil Galfond
[16:37]  Playing cash games
[17:11]  Chance's other product offerings
[21:21]  Playing short deck and other games
[25:27]  Learning short deck strategy
[26:36]  Upcoming live tell product
[28:15]  Final table consulting
[34:06]  South Point Casino May Promotions - Half-priced gas and goods, Mother's Day candy promo
[35:15]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, members forum, and chat room
[35:45]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[36:57]  Advice for recreational players looking to advance
[42:10]  Cheating claims, player protection, and blacklisting
[48:45]  What events will Chance play in WSOP?
[49:21]  Recommended:  Heads You Win by Jeffrey Archer, Penn and Teller at the Rio, Comedy Cellar at the Rio, Xiao Long Dumplings

Sponsored Links:

Guest Links:

Recommended:
Heads You Win by Jeffrey Archer https://amzn.to/3L8BqHQ
Penn and Teller at the Rio
The Comedy Cellar at the Rio

Thursday, May 5, 2022

Gambling With an Edge - guest legendary bookmaker Scotty Schettler

Our guest this week is legendary bookmaker Scotty Schettler.  Scotty started in Las Vegas at the old Churchill Downs sports book, and eventually moved to take over the Stardust after the mob was thrown out.  He's written a memoir entitled, "We Were Wiseguys and Didn't Know It."

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 of former Stardust bookmaker and author, Scotty Schettler
[00:43]  Scotty's history in bookmaking
[02:43]  Churchill Downs Race and Sportsbook in Las Vegas
[06:43]  Customers trying to scam ticket writers
[09:40]  Working at Tower of Pizza
[15:43]  The Royal
[20:21]  The Stardust
[25:22]  Roxy Roxborough at The Stardust
[27:11]  The Computer Group, Billy Walters
[38:46]  South Point Casino May Promotions - Half-priced gas and goods, Mother's Day candy promo
[40:20]  http://BlackjackApprenticeship.com - blackjack training site with analytical software, members forum, and chat room
[41:00]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[42:00]  Using pay phones
[46;48]  Taking wise guy action
[51:27]  We Were Wise Guys and Didn't Know It by Scotty Schettler
[52:17]  Scotty leaves The Stardust
[58;52]  Recommended;  Ted Talk by Derren Brown, Make A Wish Foundation, The Imitation Game, Make a Wish Foundation


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

Books Referenced:
We Were Wise Guys and Didn't Know It by Scotty Schettler  https://amzn.to/3FhwC1y

Recommended:
http://Ted.com/speakers/derren_brown
http://Netflix.com/title/70295172
http://Wish.org

Thursday, April 28, 2022

Gambling With an Edge - guest Maverick

Our guest this week is a poker pro, and AP who goes by Maverick.

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 of poker player and musician, Maverick
[00:29]  How did Maverick get started in poker?
[06:11]  Building a bankroll
[08:14]  Tilted by a bad beat, going broke
[11:39]  Playing 2/5 NL in Louisville, moving to Las Vegas
[15:30]  Learning more about poker, getting better
[17:28]  Gambling and family life
[20:11]  Adjusting risk management, diversifying income streams, analytics
[24:11]  Cheating in Las Vegas poker rooms
[25:11]  Playing in Bobby's Room and other big games
[32:10]  Playing heads up
[34:54]  Shifting into other forms of advantage play
[37:08]  Advantage play teams
[39:32]  Sensing heat
[45:21]  South Point Casino May Promotions - Half-priced gas and goods, Mother's Day candy promo
[46:28]  http://BlackjackApprenticeship.com - blackjack training site with analtical software, members forum, and chat room
[46:57]  http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners   
[47:43]  Back-off stories
[55:18]  Stories about nervous big players
[59:28]  Recommended:  @vegasissues on Instagram, exercising to limit arm soreness after vaccines, active listening


Sponsored Links:

Recommended: