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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