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, May 4, 2023

Gambling With an Edge - Mike Shackleford

Our guest this week is Michael Shackleford aka The Wizard of Odds. We discuss the updated version of his book "Gambling 102", and his thoughts about being part of Gambling With an Edge over the years.


Show notes 

[00:00]  Introduction of Michael Shackleford, The Wizard of Odds

[01:28]  A new version of Gambling 102

[02:45]  Cashman Bingo

[04:17]  Figuring out the strategies for vulnerable games, crowdsourcing data

[05:32]  Does Michael play these games?

[07:37]  Must-Hit-By machines, probability of winning, adjusting for hold by state

[13:48]  Differences between video poker and slots

[20:42]  Other new chapters in Gambling 102 on Crapless Craps and Face Up Pai Gow

[22:30]  Ultimate X Bonus Streak strategy

[26:19]  Michael tells Bonnie that Bob takes a lot of cruises

[27:50]  Commercials

[30:53]  How long will Michael remain The Wizard of Odds?

[30:29]  Michael's retirement plans

[36:29]  Face Up Pai Gow progressive jackpot

[37:52]  Michael's most memorable GWAE episodes

[41:46]  Bob's favorite GWAE episode,  Kelly Sun

[43:12]  Richard's favorite GWAE episodes, Mike Sexton, Billy Baxter, Dewey Tomko

[44:33]  Final thoughts

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