Laurance Scott - beating roulette

Laurance Scott has been beating roulette for over 30 years.  He was first on our show 13 years ago. (Link below to that episode) He is now retiring, and joins us to talk about his start and how the game has changed.

podcast - https://www.spreaker.com/episode/larry--74660055

Show Notes

[00:00]  Introduction of roulette player, Laurance Scott

[00:48]  Getting started in roulette

[06:00]  Playing Huxley wheels

[07:27]  Roulette teams

[09:12]  Device laws outside of the U.S

[10:32]  Mistakes made by beginner roulette players

[15:40]  Surveillance of wheel watchers

[18:24]  Timing back door

[23:00]  Playing in France

[29:04]  Playing in Macau

[36:48]  Playing biased wheels and distracting dealers 

[41:56]  Contacting surgeons to implant a computer

[47:12]  Games and heat in Las Vegas

Links:

Laurance Scott episode from 2013  https://www.blogger.com/blog/post/edit/4082481490083758475/9122198373771667070

Interview with Keith and Marty Taft

Lasvegasadvisor.com/gambling-with-an-edge/interview-with-keith-and-marty-taft/

mezzobistro.com

Checkmate by Ben Mezrich https://amzn.to/4ce7xq1

Sports bettor Milkshake

Milkshake lost all his money following a tout, and it set him off on a journey to figure out how to win money sports betting.

podcast - https://www.spreaker.com/episode/molkshake--73824067

Show Notes

[00:00]  Introduction of sports better, Milkshake

[00:38]  Milkshake’s path into advantage play

[03:09]  Top-down betting and going to BetBash 2

[05:25]  Moving for professional bettors

[09:38]  Odds screens, arbitrage, limiting, and nuances of top-down

[15:42]  Why did $600 move a major market?

[16:45]  What percentage of Milkshake’s action today is moving versus modeling?

[18:24]  Making in prediction markets

[19:10]  Evaluating potential movers

[21:57]  Betting at kiosks

[24:50]  Source of truth

[26:44]  Setting up partnerships

[28:22]  Camouflage bets, priming accounts

[30:45]  Faking the market

[32:28]  Should winning accounts go dormant before being limited?

[33:43]  Shifting the closing line to avoid CLV

[34:51]  Milkshake's book and podcast recommendations

[36:10]  Using sportsbook bonuses

[39:29]  How will Milkshake's betting evolve over the next few years?

[41:54]  Relevant knowledge of sports when top-down betting

[43:09]  In-game betting

[44:17]  Can value be found in a team's losing streaks?

Links:

x.com/BeBetterBettors

x.com/halfkelly

Logic of Sports Betting by Ed-Miller https://amzn.to/4x6Wx67