Gambling With an Edge - guest Mike Shackleford

Our guest this week is Mike Shackleford aka The Wizard of Odds.

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

podcast
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Show Notes

[00:00] Introduction of Michael Shackleford, The Wizard of Odds
[00:43] Ultimate X Keno
[13:40] Golden Egypt explanation and strategy
[20:10] Michael's negative experience with Intertops online casino
[33:57] South Point Casino June Promotions: $50 Chevron and $50 Walmart gift cards
[34:39] VideoPoker.com: Gold membership offers correction on most games
[35:57] Listener question about 10/8 Jacks or Better machine
[38:01] Listener question about the Pair Plus side bet pay tables in Three Card Poker
[39:25] More variable state slot machine discussion
[40:58] Discussion about favorite casino resorts
[46:50] Listener question about how the Wizard balances keeping AP secrets with promoting education

SouthPointCasino.com

VideoPoker.com

WizardofOdds.com

WizardofVegas.com

Twitter.com/wizard0fodds

ThePogg.com

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 gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter.

podcast
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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] VideoPoker.com: 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?

Sponsors
SouthPointCasino.com
VideoPoker.com/gwae

Gambling With an Edge - guest Ed Miller

Our guest this week is Ed Miller. We talk about DFS, sports betting, and in-game betting.


podcast
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Show Notes

[00:00] Introduction of Ed Miller, noted poker authority and sports bettor.
[00:26] Ed's sports betting articles in Card Player Magazine.
[03:13] Does Ed still play DFS?
[07:22] Draft Kings' Sports Betting Championship fiasco.
[11:40] In-play betting discussion.
[32:33] South Point Casino January Promotions: Spin to Win, Senior Days, and free video poker classes.
[34:34] VideoPoker.com: Game of the Week - "Face Card Frenzy."
[35:48] Remembering Gavin Smith.
[36:22] The NFL's new alternative helmet design.
[39:12] Does Ed agree with Spanky's assessment that sportsbooks in Vegas are not easily beaten?
[43:20] Does Ed bet prop bets?

EdMiller.com
SouthPointCasino.com
VideoPoker.com

Gambling With an Edge - Math Boy part 2

Our guest this week is Math Boy, back for a return visit. He shares about a memo from a casino he inadvertently saw, and how he and his team exploited it.

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Show Notes

[00:00] Introduction of Math boy, an AP with a PhD in mathematics.
[01:28] Double pay roulette promotion on 00 and 7.
[11:10] Vicksburg jacket promotion.
[15:26] Diamond Jack's promotion double pay promotion.
[20:09] Resorts Tunica Game King blackjack
[27:58] Fitzgerald's double deck blackjack in Tunica
[31:47] South Point Casino: January promotions - "Spin to Win" and free video poker classes
[34:04] VideoPoker.com: Game of the week is "Face Card Frenzy."
[35:00] Does Math boy regret retiring?
[40:13] Did Math boy prefer being a lone wolf or leading a team?
[44:15] Three Card Poker team at Caesar's.
[48:15] Stories about clearing tables.
[54:16] Leaked memo from Harrah's Lake Tahoe.

Sponsors
SouthPointCasino.com
VideoPoker.com/gwae

Gambling With an Edge - Math Boy

Our guest this week is Math Boy, a former player who used mathematical techniques to beat the house. He speaks about a lot of promotions over the years that have been very lucrative.

podcast
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Show Notes

[00:00] Introduction of Mathboy, an AP with a PhD in mathematics
[00:39] How did Mathboy get started as an AP?
[01:21] Was Mathboy beating casinos before he got his PhD?
[02:00} Discussion of Mathboy's early online gambling experiences.
[14:26] Discussion of potential opportunities in newly legalized sports betting markets.
[17:37] Mathboy's unique approach to loss rebates.
[22:52] Mayboy's story about meeting Bob in in the early 2000's
[26:17] Mathboy discusses a 2001 play at Greek Town casino in Detroit.
[36:23] What was Mathboy's strategy at Three Card Poker?
[42:17] South Point Casino - January promotions and free video poker classes
[44:57] VideoPoker.com - Game of the Week: Max Action Poker
[46:28] What is Mathboy's video poker variance-splitting pool?
[53:20] Bob and Mathboy discuss their video poker speed-related strategies.
[57:04] Harrah's New Orleans Rolex promotion.

Sponsors
SouthPointCasino.com
VideoPoker.com/gwae

Gambling With an Edge - Spanky

Our guest this week is a professional sports bettor, Spanky.  We discuss how Vegas books have changed, his interaction with Billy Walters, and how important getting a good line is.

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

podcast
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Show Notes

[00:00] Intro of Spanky, a sports bettor
[00:30] How did Spanky start gambling?
[01:33] When did Spanky realize that he could make money gambling?
[07:28] How did people in Spanky’s life react to his transition into a professional gambler?
[09:34] Why did Spanky go to Costa Rica?
[12:36] Did Spanky initially also play in online casinos?
[20:24] Did UIGEA impact online sports betting?
[23:26] Is Spanky still able to find arbitrage opportunities?
[26:02] Why is Spanky more successful than other sports bettors?
[28:33] How well does Spanky know Billy Walters?
[32:55] Did Spanky ever develop betting bots?
[34:38] South Point Casino - January Promotions and Free Video Poker Classes
[40:38] Does Spanky make in-game bets?
[42:18] What advice does Spanky have for aspiring sports bettors?
[46:46] What sports betting books does Spanky recommend?
[48:20] What sports does Spanky bet? What sports does he avoid?
[50:43] Do games with less media coverage have higher edges?
[55:14] Spanky’s secrets to a happy life.


Books:
Robbing the One Armed Bandits - https://amzn.to/2BUNj2u
Sharp Sports Betting - https://amzn.to/2Q53Zyd
Conquering Risk - https://amzn.to/2COODFN

Sponsors
SouthPointCasino.com
VideoPoker.com/gwae

Gambling With an Edge - Listener emails

We have no guest this week. Bob and I answer listener emails.

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Gambling With an Edge - Seth Palansky, WSOP 2018

This week Bob and Richard interview Seth Palansky, Vice President of Communication for the World Series of Poker, which begins later this month

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Show Notes

Gambling With an Edge - Millennial Gambler

Our guest this week is "Millennial Gambler," a young Canadian player who parlayed online gambling and the rise of Bitcoin to go from a bankroll of $250 to more than a million dollars.

Two important notes:
This episode is about Internet gambling which is illegal in some places.  Know your laws before you do this. Second, it is paramount that if you play any online casino with a bonus that you carefully read the terms and conditions.

podcast
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Show Notes

[00:47] A humble strategy for Pokey 

[03:56] The origin of MG’s name 

[07:07] MG’s start as an intelligent gambler

[10:49] What happened in 2009 and Bitcoin

[27:19] Camouflage bets

[36:51] Total Rewards, social media, and voluntary child labor

[43:50] The Las Vegas story

[46:03] Other gambling interests

[48:08] Watchdog websites for online gambling

[49:49] Issues over trust between partners

[53:21] Online resources on online casinos

Blackjack Blueprint: https://amzn.to/2H9tTcx

Comp City:  https://amzn.to/2EiZTaM

Wizard of Odds: https://wizardofodds.com/

Pogg: https://thepogg.com/

Gambling With an Edge - guest James Vogl

Our guest this week is James Vogl.  James is a former backgammon, and poker player (He won a WSOP bracelet at 24.) who then moved into the world of hedge funds.  Now he has moved on from the trading world to start something called The Cerebral Gym.


podcast 
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Show notes

[01:27] James Vogl’s backgammon career

[02:47] Are there still active backgammon club in London?

[03:55] What it was like transitioning into poker from Backgammon

[06:23] Poker books that stood out for James

[07:39] Why did Gus Hansen change his name?

[09:14] How long did James play poker before he got a real job?

[09:47] Did James play a lot of online poker?

[12:29] Hedge funds, computer, and math skills. What was James’ market?

[15:38] Did the fund keep track of P/L? How did James compare to S&P 500 over the years?

[17:15] Video Poker v.s. trading

[19:28] Why did James leave trading?

[20:23] Did his romantic relationships affect his decision to quit gambling?

[23:34] Gambling v.s. trading

[28:39] Do the traders look at themselves as gamblers?

[30:51] Is a press-up the same as a push-up?

[33:31] Does James find the various games he played different or similar?

[38:52] Does James see himself returning to the gambling world?

[47:47] James’ cheating encounters at gambling or trading

"Theory of poker" by David Sklansky: http://amzn.to/2BfhRi1

"Play Poker, Quit Work and Sleep Till Noon” by John Fox: http://amzn.to/2BBuwJ3

"Liar’s Poker” by Michael Lewis: http://amzn.to/2CHePzi

Cerebral Gym: http://www.cerebralgym.com/

Gambling With an Edge - guest Zach Resnick on Bitcoin

Our guest today is Zach Resnick, a poker player, coach, and host of the “Just Hands Poker” podcast. Our show today is primarily about bitcoins and other cryptocurrencies.

podcast

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Show Notes

[02:07] How is Bitcoin relevant to gambling?

[04:24] What is blockchain?

[09:20] Mt. Gox exchange hack and the security of Bitcoin

[10:17] Cold wallet vs hardware wallet

[15:23] Coinbase has been closing U.S. accounts due to online gambling. Is that a problem in other countries?

[19:33] Bitcoin’s store of value.

[21:26] Can you open accounts on online casinos using Bitcoin?

[23:25] Are there derivatives market for Bitcoin?

[24:15] Other gambling uses of Bitcoin

[32:23] What other cryptocurrencies are relevant to gambling?

[34:48] Cryptocurrencies and smart contract app

[39:13] What is Just Hands Poker and what is Zach’s podcast about?

[43:20] Credit card & mileage points brokerage

---

Z-cash: https://z.cash/

Virtue poker: https://virtue.poker/

Coinbase: https://www.coinbase.com/?locale=en

Bread wallet: https://breadwallet.com/

Mt. Gox hack: https://en.wikipedia.org/wiki/Mt._Gox

The Nick Szabo episode https://tim.blog/2017/06/04/nick-szabo/

The Unchained Podcast: https://www.forbes.com/podcasts/unchained/#26203c305b4f

Zach: zach@justhandspoker.com

Just Hands Poker: http://www.justhandspoker.com/

Live events in New York http://www.justhandspoker.com/newyorkevent/

Cartwright episode: https://www.lasvegasadvisor.com/gambling-with-an-edge/gambling-edge-guest-cartwright-4

Gambling With an Edge - guests Romes & Bruce

Our guests this week are two professional blackjack players.  In addition to counting cards they exploit casino carnival games, and various casino side bets.

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Gambling With an Edge - guests Anthony Curtis & Frank B.

Our guests this week are Anthony Curtis & Frank B. We talk about Caesars new move to start charging for parking, how they fared in this year's NFL contests, and football betting in general.

 podcast 

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Gambling With an Edge - guest Captain Jack

The guest this week is Captain Jack. Captain Jack started as a card counter in 1999, and sooned moved into playing online casinos, and then ultimately to sports betting which is what we cover today. We also discuss DFS, and the possible legalization of sports betting in New Jersey.

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Gambling With an Edge - guest Nick Howard

The guest this week is poker player, teacher, and computer analyst Nick Howard. Nick is one of the poker coaches at Run It Once.

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Gambling With an Edge - guest Duncan from The Pogg.com

Our guest this week is Duncan. Duncan runs a website called The Pogg.com which caters to online casino players, and helps players who have disputes with online casinos.

 podcast 

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Gambling With an Edge - guest Ed Miller #9 on DFS

This week's guest is Ed Miller, poker author and player. His new book is called The Course, but today our discussion is on Daily Fantasy Sports. DFS is legal sports betting, and is rife with opportunities for the advantage gambler.

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Gambling With an Edge - guest poker pro Limon

This week's guest is Limon. He is a Los Angeles based poker pro and one of the hosts of Live at The Bike. You can find that show at liveatthebike.com

 podcast 

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Gambling With an Edge - guest Ed Miller #8 on DFS

This week's guest is Ed Miller, poker author and player. His new book is called The Course, but today our discussion is on Daily Fantasy Sports. DFS is legal sports betting, and is rife with opportunities for the advantage gambler.

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Gambling With an Edge - guest Richard Marcus on poker cheating.

This week our guest is Richard Marcus. Richard was a casino cheat, and tonight we will be talking about his book Dirty Poker. 

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