Thursday, September 25, 2014
Thursday, September 18, 2014
Gambling With an Edge - guest Adam Tanner
The guest on the show this week is Adam Tanner. author of What Stays in Vegas. The book looks at how casinos and other businesses gather information about each of us in order to help them make more money off of us.
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Wednesday, September 17, 2014
What happens in Vegas?
We've all heard it right? "What happens in Vegas stays in Vegas." I'd rather it didn't stay in Vegas. I'm starting a new podcast series where I will interview people about the craziest things that have happened to them in Las Vegas. So if you have a crazy story, email me and I'll set up a time where I can interview you via skype. These interviews will be audio only, and they can be done completely anonymously. There is no compensation.
I have only 2 requirements. The story should be true, and it has to have happened to you. Not some friend of a friend. If your friend of a friend has a great story have them contact me and tell it themselves. Let the games begin.
I have only 2 requirements. The story should be true, and it has to have happened to you. Not some friend of a friend. If your friend of a friend has a great story have them contact me and tell it themselves. Let the games begin.
Thursday, September 11, 2014
Gambling With an Edge - guest Jimmy Jazz 2 on low roller strategies for comp hustling
The guest on the show this week is Jimmy Jazz. Jimmy talks about strategies for low rollers to get everything free in Las Vegas.
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Thursday, September 4, 2014
Gambling With an Edge - guest Daniel Negreanu
Our guest this week is Daniel Negreanu aka "Kid Poker" although he has now been playing so long he may have to change his moniker to "Middle-Aged-Man Poker." Daniel is the author of Power Hold'em Strategy which outlines his "small ball" tournament strategy.
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Thursday, August 28, 2014
Gambling With an Edge - guests gaming lawyers Bob Nersesian & I. Nelson Rose
The guests this week are gaming attorneys Bob Nersesian and I. Nelson Rose. Bob is a frequent guest to the show, and always entertaining. Bob is the lawyer who advocates for the players against the casinos, and has successfully sued many Vegas casinos on the behalf of players. He is also the author of Beat the Players. I. Nelson Rose is the coauthor of Blackjack and the Law, and his latest book is Gaming Law in a Nutshell.
Thursday, August 21, 2014
Gambling With an Edge - guest Erin Rynning
Our guest this week is Erin Rynning. Erin is a sports handicapper, sports blogger, and radio personality
who provides handicapping both for free and for a fee through his website SportsMemo.com. He
has done well in several handicapping contests.
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Thursday, August 14, 2014
Gambling With an Edge - guest Doug Swanson
Our guest this week is Doug Swanson, author of Blood Aces: The Wild Ride of Benny Binion, the Texas Gangster Who Created Vegas Poker
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Saturday, August 9, 2014
Eye and the Grinder
About 2 years ago I interviewed surveillance expert T Dane. You can read that interview here. T Dane wrote a book called, Behind The Black Dome: An Advantage Player’s Guide to Casino Surveillance, which is well worth picking up. Well the man is at it again. He has started blogging at Eye and the Grinder. He says it is a blog about Advantage Players and the Eye in the Sky. The blog is relatively new, but check it out. There is some interesting stuff there.
Thursday, August 7, 2014
Gambling With an Edge - guest Anthony Curtis 5
Our guest this week is Anthony Curtis, owner of The Las Vegas Advisor and Huntington Press publishing.
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Thursday, July 31, 2014
Gambling With an Edge - guest Cartright
This week's guest is Cartright. We talk about analyzing games for advantage play opportunities.
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Thursday, July 24, 2014
Gambling With an Edge - guest Barry Greenstein
This week's guest is poker professional Barry Greenstein. Barry is a multiple bracelet winner in the WSOP, and the author of Ace On The River. His blog can be found at barrygreenstein.com.
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Thursday, July 17, 2014
Gambling With an Edge - guest Mohan Srivastava
This week's guest is Mohan Srivastava. Mohan cracked the code on several scratch off lottery games. We talk about beating the lottery. You can read about some of his exploits in this Wired magazine article. - Wired. Also on the show we mention a story Mohan wrote about Scrabble. You can read that story here. Scrabble Story.
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Thursday, July 10, 2014
Gambling With an Edge - guest Arnold Snyder
This week's guest is Arnold Snyder. We talk about some gambling stories in the news, and some thoughts on James Grosjean's latest blog posts.
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Friday, July 4, 2014
Gambling With an Edge - guest Bob Nersesian #10
The guest this week is Bob Nersesian. Bob is a frequent guest to the show, and always entertaining. Bob is the lawyer who advocates for the players against the casinos, and has successfully sued many Vegas casinos on the behalf of players. He is also the author of Beat the Players.
Thursday, June 26, 2014
Gambling With an Edge - advantage players David & Kyle
Our guests this week are named David and Kyle. These are 2 advantage players that successfully sued Virgin River Casino in Mesquite Nevada. They settled their case for $199,999, and were represented by frequent guest of our show, attorney Bob Nersesian.
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Thursday, June 19, 2014
Gambling With an Edge - guest Jimmy Jazz on low roller strategies for comp hustling
The guest on the show this week is Jimmy Jazz. Jimmy talks about strategies for low rollers to get everything free in Las Vegas.
click to listen - alt click to download
Thursday, June 12, 2014
Reader mail - Beating Roulette
Recently in the mail bag I received...
"Can you suggest a strategy or book to help me master the game of roulette?"
Super Fan
Dear Super Fan,
I hope you are not asking about a system based on something like - 5 red numbers came up in a row so I should bet on black. Or, 5 red numbers came up so I should now bet red because it is hot. Or, I should bet 1 chip and if it loses bet 2, then 4 then, 8 etc. No betting system, nor a system based on what came up in the last few spins can overcome the house edge at roulette.
With that said there are 3 ways we can talk about beating roulette that can actually work.
1. You can beat roulette with the use of a computer. Ed Thorpe who wrote Beat the Dealer was the first I am aware of to use this approach. Back in the 60s he built a hidden computer that he could wear into a casino. The computer times the speed of the wheel turning, and the speed of the ball, and then makes a prediction as to where the ball will land in the wheel. Obviously technology has come a long way since the 60s, and most of us carry very powerful computers in our pocket every day. Developing a program that will beat roulette would not be an easy task, and getting away with it might be even more difficult. WARNING - Most states have made it illegal to use a computer in a casino. Many foreign countries also have laws against using electronic devices, so if this is your plan be sure to research the laws carefully. If you are interested in an entertaining book about the exploits of one team who used computers to play roulette pick up The Eudaemonic Pie.
2. You can beat roulette by visually tracking the ball. The idea is you use your brain to do the same thing the computer was doing in the previous method. This is not something that is easy to learn. It requires hundreds if not thousands of hours of practice, and you would need to buy a full size roulette wheel which can cost $7,000 to $12,000. And the problem is, just as in a hand held blackjack game where you raise your bet and the dealer shuffles the cards - as soon as you start winning the dealers will call "No more bets" earlier and earlier. Also this move was much more feasible back when roulette wheels had deep pockets. Most wheel today are what they call "low profile" which means the ball bounces around a lot more before landing. The bottom line is that IF you can learn to do this then under ideal conditions you may have a very large edge. But finding these opportunities may be few and far between. The only book that I'm aware of about this technique is Professional Roulette Prediction which I reviewed here. Review. Here is a link to our podcast of Gambling With an Edge on which we had the author of this book Laurance Scott. PODCAST
Just as a side note, (and a shameless plug) if you haven't read the story of Billy Walters winning millions of dollars at roulette in Atlantic City pick up Gambling Wizards.
"Can you suggest a strategy or book to help me master the game of roulette?"
Super Fan
Dear Super Fan,
I hope you are not asking about a system based on something like - 5 red numbers came up in a row so I should bet on black. Or, 5 red numbers came up so I should now bet red because it is hot. Or, I should bet 1 chip and if it loses bet 2, then 4 then, 8 etc. No betting system, nor a system based on what came up in the last few spins can overcome the house edge at roulette.
With that said there are 3 ways we can talk about beating roulette that can actually work.
3. The third method is almost as old as casino gambling. Going back to the 1800s people discovered that a roulette wheel is a machine, and machines are not always engineered perfectly. They wear unevenly and do not always act randomly. They started writing down the numbers that had hit, and eventually found that certain numbers had a bias. This method is also not a way to a fast buck. It requires the recording of thousands of wheel spins, and even then it is tricky to determine whether a wheel actually has a bias. And don't think you can just stand around a wheel writing down numbers. People get backed off for doing exactly that. There is only one book I'm aware of that details the math involved in determining roulette bias, and unfortunately it is out of print. The book is The Bias Wheel Handbook by Mark Billings.. But maybe if you set up eBay alerts it will pop up there one day. Mark was a guest on our show and you can hear that episode here. PODCAST
So there you have it, from one of the oldest advantage plays, to the most modern. None of them easy, but all have been used to make millions of dollars. Good luck Super Fan, and keep those cards and letters coming.
Gambling With an Edge - guest Joseph Kerr on Advantage Cruising
The guest on the show this week is Joseph Kerr. Joseph is an advantage player from Florida who has found a number of advantage plays on cruises. Sounds like a great way to take a vacation, and earn money at the same time.
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Saturday, June 7, 2014
My favorite new app
Have you ever been in the middle of nowhere, and you say, "I know there is a casino around here somewhere." You drive around, but you just can't find it. Well your problems are solved. I've always been a fan of the book American Casino Guide, but now they have an app. Open the app and they have a buttons for "Casinos nearby," "Find Casinos" and "Special offers." Open the link to a casino you're looking for, and at the bottom will be a button that says "directions" and another for "map". Hit directions and it will bring up your phone's navigator with turn by turn instructions on how to get there.
Under "special offers" you'll find thing like 2 for 1 buffets, 20% off at a spa, or $5 match plays. This is a must have app for anyone who spends time in casinos. Best of all - it's free. Download the app at the Google play store here. American Casino guide App.
Under "special offers" you'll find thing like 2 for 1 buffets, 20% off at a spa, or $5 match plays. This is a must have app for anyone who spends time in casinos. Best of all - it's free. Download the app at the Google play store here. American Casino guide App.
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