Gambling With an Edge

Our guest today is Kit Chellel, author of the new book, "Lucky Devils: The True Story of Three Rebel Gamblers Who Beat the Odds and Changed the Game." The book profiles three legendary gamblers, Bill Benter, Rob Reitzen, and Bill Nelson.Show Notes[00:00] Introduction of Kit Chellel, author of Lucky Devils[00:41] Kit’s background in journalism[03:25] How did Lucky Devils come about?[05:42] Meeting Rob Reitzen and Bill Nelson[08:52] Gambling coverage in media[10:44] The moment that computers revolutionized gambling[13:13] Bill Benter and Alan Woods betting on horses in Hong Kong[17:26] Rob Reitzen’s wearable tech and poker bots[25:11] Banking tables in California [25:32] Bill Nelson’s roulette play and the sports betting “The Computer Group”[29:49] The FBI investigation into “The Computer Group”[31:31] Roulette advantage players subculture[34:36] Biased roulette wheels and design countermeasures[35:32] The never ending war between casinos and advantage players[38:56] The genesis of the title Lucky Devils[40:07] Will Kit write about other gamblers?[41:43] How can listeners contact Kit?[42:47] Kit’s favorite resistant in Las Vegas that is not in a casinoGet Lucky Devils - https://amzn.to/48c5PTULinks:Bloomberg.com/authors/AQgXoqAi4I0/kit-chellelX.com/KitChellelTheoriginallindomichoacan.com

Our guest today is Antonino De Rosa, also known as "Ant." Ant went from professional Magic the Gathering player to working for Pinnacle sports book and from there became a professional sports bettor.Show Notes[00:00] Introduction of sports bettor, Antonio De Rosa[00:42] Playing Magic The Gathering professionally[04:56] Comparing Magic variance and skills to gambling?[08:29] Getting a job at Pinnacle[12:07] NBA totals at Pinnacle[14:05] Dealing with losses, risk management[17:57] Bad beats[20:39] Leaving Pinnacle for Plannatech[23:29] Becoming a bettor[27:04] Market efficiency, manipulation, limiting players, etc[32:34] New female accounts[33:49] Identifying sharp play[36:44] BetBash story[39:37] Life lessons from gambling[42:15] Favorite non-casino restaurant in VegasBooks Referenced:Fooled by Randomness by Nassim Nicholas Taleb

We have 3 guests today. Blair Rodman, Anthony Curtis, and Frank B. They are coauthors of the new book All About Sports Betting.Show Notes[00:00] Introduction of Blair Rodman, Anthony Curtis, and Frank B., authors of All About Sports Betting: The Definitive Guide[00:42] What makes this book so unique?[01:55] The genesis of All About Sports Betting[05:59] Prop bets, parlays, same game parlays, and teasers[10:27] QR codes within the book that link to additional information[13:17] Violence in Puerto Vallarta[15:37} Touts[18:33] Bottom up, top down, and modeling[24:05] Evolution of sports betting markets, future editions of the book[25:24] Prediction markets[29:39] Betting splits and other useless statistics[31:49] Understanding variance and related behavioral biases[38:42] Offshore sportsbooks, betting on credit, posting up, and settling up[43:33] Optimal use of bonus bets at CaesarsLinks:All About Sports Betting - https://amzn.to/4kP8FU1X.com/capjack2000Unabated.com

Charlie is a sports bettor, slot player, and influencer. Charlie got scammed while making bets at a DraftKings kiosk at the Golden Nugget in Biloxi. It's a crazy story, not just the scam, but the way the casino, and Gaming Enforcement reacted.Show Notes[00:00] Introduction of advantage player Chuck’s Lucks[00:40] How did Chuck become an AP?[04:14] Chuck’s second trip to Vegas and a $2500/spin slot[07:16] Accounting for the W2Gs[08:45] Getting scammed while betting sports in Mississippi[22:55] YouTube influencers, deals, permission to record[28:59] Plaza’s social media room and livestream[31:32] Leverage as an influencer for deals, rebates, offsets, etc[32:48] Filming AP slots, disguising entry points[35:00] Editing videos and efficient use of content [37:05] Selling influencer merchandise[37:30] ChucksLuck and LeapingLizards channels[37:59] Large jackpot payments and security concerns[40:27] Favorite restaurant in Las Vegas that is not in a casino?Related Links:Lasvegasadvisor.com/gambling-with-an-edge/Youtube.com/@LeapingLizardSlotsYoutube.com/@ChucksLuck777Tacoselgordobc.com

This week we talked with long-time Vegas bookmaker Art Manteris. We discussed his new book, "The Bookie."Show Notes[00:00] Introduction of Art Manteris, author of The Bookie[00:47] Bookmakers from Western Pennsylvania[01:47] Legendary bookmaker Uncle Jack Franzi[05:21] Working at the mob-controlled Stardust[08:27] Why did Art move to Las Vegas?[09:46] Billy Walters stories[11:57] PASPA, using computers across sportsbooks and racetracks[15:18] Art's concerns about the expansion of gambling[17:00] Frank Rosenthal at the Stardust[18:18] Tony Spilatro[20:26] Meeting Ron Sacco and sportsbooks in the Caribbean [23:56] Pinnacle[25:58] Sports betting in Nevada, climate and regulations[29:53] Will "Refrigerator" Perry touchdown prop[31:40] Negotiating huge prize fights in Vegas with Don King and Bob Arum[34:13] Building the sportsbook at the Hilton[35:27] Did Art sweat big positions and games?[37:04] Setting open lines[39:13] Being the first to post Super Bowl props[40:44] Prop betting on college sports[43:17] Circa sports book[44:26] Parlays[46:58] Using analytics to analyze payouts on parlays, teaser, and contests[48:36] Did any bosses or owners want to take positions on games?[52:23] Favorite restaurant in Las Vegas that is not in a casino?[53:56] Can listeners contact Art on social media?Get Art's book, "The Bookie" https://amzn.to/45nzCYp

Bob and Richard sit down with Gary Kondler to talk about taxes for gamblers after the big beautiful bill. It may not be as bad for some of us as we all thought. Spoiler alert - but some gamblers are just screwed.Show Notes[00:00] Introduction of gambling tax expert Gary Kondler from Kondler & Associates[01:36] W2Gs under the new tax law[05:24] Reconciling W2s with session win/loss[09:43] An example of casino gambling profit and discussion of similar case law[18:04] Sports betting example[20:46] Could a day of betting across different sportsbooks be considered a single session?[24:28] Arbitrage bettors versus poker players [27:06] What type of gambler would benefit from creating an S corp[30:00] Casino generated win/loss statements[31:54] Should clients file on time or file an extension?[37:49] IRS layoffs [40:57] How can listeners contact Gary?[42:45] Brian Camp’s legal opinion[44:55] Kalshi and other predictive markets[47:48] Professional versus non-professional gambler[51:34] Does filing with losses affect the professional gambler classification?Links:Kondlercpa.comhttps://www.taxnotes.com/special-reports/gains-and-losses/taxation-gambling-after-obbba/2025/08/14/7sxhn

Today I speak with Norm Beck, a professional bridge player, magician, and friend about a bet he won, that turned out to be a big loser.Show Notes[00:00] Introduction of Norm Beck, bridge player and magician[00:37] Norm’s biggest gamble[06:40] Clever pre-surgery research strategy[13:07] Hiring another doctor to translate information to family[14:49] Getting into the gambling business[20:30] Booking action on random events[23:28] A billion dollar bet[31:23] $500k bet on changing a tire [33:45] “Win Your Line of Credit” blackjack tournament[41:21] How to contact the show

Buzz Marconi moved to Las Vegas in the 1960s, and somehow transformed from an Italian kid from the south side of Chicago into Cowboy Buzz. It's a wild story. Check it out.Show Notes[00:00] Introduction on of Cowboy Buzz[02:07] Moving to Las Vegas, working at The Stardust[20:53] Brilliant mob casino strategies[23;10] Tony Spilotro and Frank "Lefty" Rosenthal[27:19] Becoming a shift boss Foxy's Firehouse[29:28] Did certain dealers cheat players?[31:06] A wild craps swing on credit and Milton Jaffe[35:20] Milton Jaffe magic trick[37:06] Opening a restaurant in Las Vegas[41:09] Stories about dealers, cheating, and work ethic[46:59] Cowboy Buzz's juice is revealed[48:51] Naked women tanning at The Tropicana pool[55:53] Becoming "Cowboy Buzz"[1:02:07] Playing rugby age 73[1:04:51] Meeting Max Rubin[1:09:05] The first Blackjack Ball[1:10:30] Being a clown diver at Caesars Palace

Bob is off playing the secret game, so I get together with Max Rubin, and Colin Jones to discuss the 2025 Blackjack Ball.Show Notes[00:00] Introduction of Max Rubin and Colin Jones to discuss The Blackjack Ball[00:45] Colin’s induction into The Blackjack Hall of Fame[01:26] Changes to voting for The Hall of Fame and BJ Traveler discussion[06:55] Costume party and best costume [13:20] Ed Thorp[14:49] UCLA Gambling Studies Program [20:13] Card counting competition[24:49] Quiz and final table games (cutting and sequencing) [36:03] Evolution of The Blackjack Ball[40:23] Other highlights from this year’s Blackjack Ball Links:Interview with BJ Traveller https://youtu.be/mnQmlrxApcEUCLA Gambling Studies Program https://uclagamblingprogram.org

Jon Rogers was an old-school bookie. He started booking baseball with his classmates in 6th grade, graduated to parlay cards in high school, and went pro after high school. He lived, and booked through a seismic change in the bookmaking industry. He went from the old days of taking bets over the phone, writing on slips of paper, to moving offshore, and the rise of internet betting.Show Notes[00:00] Introduction of bookmaker Jon Rogers of Carib Sports[00:59] Jon’s childhood and early gambling experiences[03:52] Booking parlays in high school and lottery numbers[08:46] State lotteries broadcast drawings[11:11] Kickbacks and paying for protection[13:06] Super Bowl 1990 FBI raid[16:52] Charges, recordings, taxes, and going to Vegas[21:37] Antigua tax laws, bookmaking on paper, then with software[29:28] 1990 case ends[32:32] Continuing operations in Antigua, accepting credit cards, betting volume, and margins.[35:02] 2003 raid, The Patriot Act[46:42] The SAFE Port Act and closing down[48:44] Life after bookmaking, settling the case, and living happily ever after

Our guest this week is Anthony Curtis. We discuss the upcoming football contests, the big Vegas downturn, and upcoming books.Show Notes[00:00] Introduction of Anthony Curtis, owner of The Las Vegas Advisor and Huntington Press[01:12] NCAAF and NFL football contests[04:04] Grandissimo[06:03] Did tax law changes affect participations in football contests?[08:15] Contest pricing and strategies for additional entries[10:51] The value of football knowledge versus contest theory[13:27] Huntington Press’ upcoming books on sports betting, slots, roulette, blackjack, baccarat, and another book by James Grosjean[19:57] Las Vegas tourism, waived resort fees, and other deals.[27:33] Struggles Foubtainebleau, Resorts World, and The Downtown Grand

Mac King has been performing his comedy magic in Las Vegas for 25 years. His show is hilarious, and thoroughly entertaining.[00:00] Introduction of magician Mac King[00:50] What’s the first magic trick that Mac remembers?[04:39] When did Mac start doing magic?[06:06] Mac’s paid performance[08:19] Mac’s career plans after high school[12:36] Working with Lance Burton[14:47] “It’s Magic” in Los Angeles[16:38] Life after college, comedy clubs[18:51] Intersection of gambling, magic, and card cheating[21:06] Mac King’s Excalibur show[22:58] Performing with a bloody thumb[34:06] Houdini's naked rope escape[37:47] Future plans and why Mac still loves performing[39:58] Life outside of magic

Our guest this week is tax expert Russell Fox. We talk about the terrible new taxes on gamblers in the big beautiful bill. What's a gambler to do? Is Richard going to retire.... again?[00:00] Introduction of gambling tax expert Russell Fox [00:48] How does the tax bill affect gamblers?[02:25] Session method logging[03:56] Sports betting logs and session definition[09:14] Advantage slot play and session definition[13:08] Will this law be overturned?[17:08] 1099 changes, W2G backup withholding[20:16] CTRs[20:51] 90% maximum deduction of losses and business expenses[23:06] Long term impact on high limit rooms, DraftKings, FanDuel, and offshore books[28:02] U.S. citizens, permanent residents, non-resident aliens, withholding[30:46] Worldwide income, renouncing U.S. citizenship, and exit tax[34:17] Favorable comfortable structures, tax advantages of C-corp[34:55] IRS job cuts and audit probability[38:29] Recreational gamblers and W2Gs[40:33] Will this tax law increase tax fraud?[41:18] Contacting Russell FoxLinks:Claytontax.comTaxabletalk.com

Bob and Richard are back to talk with Michael Kaplan about his new book, "Advantage Players."Show Notes[00:00] Introduction of Michael Kaplan, author of Advantage Players[00:43] Michael’s background in gambling and writing[04:18] Finding people to write about[06:46] Definition of “advantage player”[07:21] David Philips, the pudding guy[09:57] Cheating, breaking the law, and advantage play[12:23] Identifying interesting APs and stories[14:02] Bill Benter and Alan Woods[20:59] Phil Ivey and the benefits of humble beginnings[25:09] Getting backed off, betting big, staying disciplined [28:57] Don Johnson’s Atlantic City play[33:45] Playing with James Grosjean[36:20] Interviewing AP royaly[36:09] Advantage play in adult films[40:40] AP skills, qualities, mindset[43:20] Eddie Teams[46:40] How to order Michael’s book, Advantage Players Links:https://www.advantageplayersbook.com/Get book - https://amzn.to/4dTqk9r

My guest on this episode is Nigel Eccles, co-founder of Fan Duel.[00:00] Introduction of Nigel Eccles, co-founder of FanDuel[00:48] Nigel’s background and first company [02:04] Nigel’s educational background and interest in gambling, selling variance[06:59] Joining Flutter and prediction markets, exchange models[10:04] Founding FanDuel, fantasy sports, sports betting[14:31] Sports betting in Nevada, over-regulation and limited innovation[18:47] Leaving FanDuel[20:08] Vertical businesses, pandemic spike and whipsaw[20:59] Bettor are getting dumber, banning winners, and the popularity of parlays[24:20] Sharps, betting patterns, cat and mouse games, and taking sharp action[27:24] BetHog online crypto casino, innovation, and payment processing fees[31:42] Managing crypto volatility[33:17] The future of online gaming and crypto [36:10] Final thoughtsX.com/nigelecclesBethog.comBetdex.comFanDuel.com

Bob and I are back with an interview with Buddy Frank to talk about how casinos are now using AI to evaluate players.[00:00] Introduction of Buddy Frank[01:10] The evolutions of AI in casinos, falling costs, data analysis[03:52] Using data to assess how player ADT changes with hotel stay [08:58] Analyzing player performance[11:55] ChatGPT, large language models being used to finetune offers [15:51] Video poker products that calculate player specific player ADT[21:38] Cameras in machines, facial recognition, privacy concerns[23:43] MGM banning slot hustlers, persistence machines, must-hit-by [32:46] Some operators are 86'ing slot players [37:07] Misjudging players, challenges assessing table games players[42:48] Reno rewards program story, loopholes [44:29] Churn, tailoring offers mid-session [47:24] Sports betting data analysis [48:25] Adoption of AI over the next five years[53:53] Recommended: Blood Game by Jeffe Boats

Bob and I sit down at the end of 2024, and talk about what we have been doing gambling wise for the last year. Both of us seem to be working harder than ever.[00:00] Introduction[00:42] Is Richard still retired?[05:19] The U.S. sports betting market[07:52] Betting partnership dynamics[10:39] Successful bettors making fundamental gambling mistakes[12:33] Bob’s sports betting[17:58] Bob’s slot experience[26:58] Slot hustling, getting information, solving games[34:52] How many hours a day is Bob working?[38:08] Beatable slots, obsolete information, and new skins[39:12] Recommended: Erle Stanley Gardner’s Spill The Jackpot, David Baldacci books, Daniel Silva books

My guest this week is Elihu Feustel. He is on this week to talk about his new book, Beyond The Odds, which you can pick up here https://amzn.to/3Behcxf

Bob and I are back after a long hiatus to talk about this years blackjack ball. We are joined by John Chang, former head of the MIT team, Max Rubin, the host and creator of the blackjack ball, and Rick "Night Train" Blaine who was this year's inductee into the blackjack hall of fame.

Bob and I are back to talk to Dennis Rappaport. Dennis was a boxing manager, and promotor probably best known for managing Gerry Cooney. He also was a brilliant PR man, and has some crazy stories from his years in "The Sweet Science."

Lauri Thompson came to Las Vegas as a dancer in 1980. She went from Las Vegas strip entertainer to a top entertainment attorney, with a stop along the way as Susie Spirit on the original GLOW - Gorgeous Ladies of Wrestling.You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.Here is the clip of Lauri getting her arm dislocated in an episode of GLOW.https://www.youtube.com/watch?v=YDxYpEKotyU

Billy Baxter is a legend in the gambling world. Today we focus on his time as a boxing manager, and some very high stakes golf games.You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.

Gambling With an Edge is back with Bob and I talking to Anthony Curtis, and Frank B. We talk about the Super Bowl coming here ot Las Vegas, and then talk about other things happening around town.

Nicholas Forte is the corporate pastry chef for Tao Group - west coast. What drew me to Nick's story is that straight out of pastry school he went to the only 3-Michelin-star restaurant in the state of Nevada, and said, "I want to work here." He got the job at Joel Robuchon. You can see examples of Nick's work on his Instagram account. https://www.instagram.com/fortenj/You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.

Bob Dancer and I are back doing a Gambling With an Edge episode. We interview attorney Bob Loeb about the recent trend of legal, regulated sportsbooks stealing people's money.

My guest this week is Joseph Merhi. In part 1 we covered Joseph moving to Florida from a small town in Syria when he was 18 years old. He spoke no English, but through grit and perseverance he went on to produce over 100 movies. This is part 2 of 2, in which we cover Joseph's move from Las Vegas to LA, and his pursuit of the movie business.You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.

My guest this week is Joseph Merhi. Joseph moved to Florida from a small town in Syria when he was 18 years old. He spoke no English, but through grit and perseverance he went on to produce over 100 movies. This is part 1 of 2.You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.

My guest this week is Frank Frigo. Frank is one of the founders of Edj Analytics, and we talk about their football model named Zeus which they licensed to various NFL teams to make better playing decisions.You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.NY Times article mentioned in the show.https://www.nytimes.com/2018/02/02/sports/football/eagles-analytics-super-bowl-lii.html

My guest this week is Ed Miller. Ed is on to talk about his new book, "Interception" which he co-authored with Matt Davidow.You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.Podcast - https://www.spreaker.com/user/7418966/edmillerepisode10Books by Ed Miller & Matt DavidowThe Logic of Sports Betting https://amzn.to/3QlG3EcInterception https://amzn.to/46Abjoz

Sherriff AP chucked it all to become a professional card counter. He had one of the worst losing streaks I have heard of, and I'm not just talking about losing money. Everything in his life seemed to all go wrong at the same time. I think most people would have quit, and never looked back, but he stuck it out. You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.LinksSherriff AP being told card counting is illegal. https://www.youtube.com/watch?v=5jVerBdoN0c&t=222s

Bob Dancer is the world's best known authority on Video Poker, having written many books, and countless articles on the subject. He of course was my cohost and founder of Gambling With an Edge for 12 years. But in this episode we are going back to when he was trying to be a professional backgammon player in the 1970s in Los Angeles, where cheating was a very real danger. You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.Linkshttp://bobdancer.comhttp://gamblingwithanedge.com

Jason Ladanye is a professional, award-winning sleight-of-hand entertainer who has performed card magic all around the world for the last twenty years. Prior to magic he was musician who was touring as a keyboard player from the time he was 17, opening for everyone from the Rolling Stones to BB King.You can reach me at [email protected], or find me on Twitter @RWM21 or @lifeisagamblepod on Threads. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.LinksYoutube - https://www.youtube.com/channel/UCQsmxaMzYr76Yd1iqMEq8TAInstagram - https://www.instagram.com/cardmagicbyjason/

This is a brief episode with our favorite gambling attorney Bob Nersesian. Bob is on with breaking news for professional gamblers regarding the trespass statute in Nevada.

In this episode of the podcast, I chat with Don "The Dragon" Wilson, one of the most iconic martial artists, and action stars of the 1980s and 1990s. Don talks about his fight career, and his transition from fighter to action star.You can reach me at [email protected], or find me on Twitter @RWM21 or @lifeisagamblepod on Threads. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.Linkshttps://www.facebook.com/DonWilsonTheDragon"How I Made A Hundred Movies In Hollywood" by Roger Corman https://amzn.to/3QARdpoDon Wilson movies - https://amzn.to/44acSHUDon's Wikipedia page https://en.wikipedia.org/wiki/Don_Wilson_(kickboxer)

Blair Hull was known as the first "BP" or "Big Player". Ken Uston wrote a book called, "The Big Player" after he replaced Blair in that role. Taking what he learned from counting cards Blair moved to a much bigger casino with higher stakes, the options exchange.We discuss three big gambles in Blair's life. In 1987 the markets were all crashing, and Blair walked onto the exchange floor saying to himself that his job was to make a price on both buy or sell. There were only people wanting to sell, and like it or not he had to give them a price, and buy what they were unloading. Second we talk about his decision to run for US Senate, and was beat in the primary by a young organizer named Barak Obama. Last we talk about how Blair came out of retirement when he saw that people were buying options as if they were lottery tickets.You can reach me at [email protected], or find me on Twitter @RWM21 or @lifeisagamblepod on Threads. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.LinksHull Tactical Asset Allocation http://www.hulltactical.com/Twitter - @blairhull

Sarah Jane Woodall has been known for the last dozen years as Wonderhussy. She is a writer, actress, model, and all-around creative. I talk to her about what I consider a huge gamble, and she shrugs it off as no big deal. What was her job I thought was so risky? Driving out to the middle of nowhere in the desert with a complete stranger, and working as a nude model.You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.Wonderhussy LinksWonderhussy website http://wonderhussy.com/Instagram https://www.instagram.com/wonderhussyadventures/Her more adult Instagram https://www.instagram.com/wonderhussy/Youtube channel https://www.youtube.com/@Wonderhussy

AP White dropped out of college 3 times before finally graduating, and getting that 6-figure per year job. But once he started working he found he hated the job. He decided to quit, and go on the road as a professional advantage player.You can reach me at [email protected], or find me on Twitter @RWM21 or @lifeisagamblepod on Threads. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.

Hey everyone. This is episode one of my new podcast. As you can see, it is called Life is a Gamble, and as the title indicates it will be about life's gambles. I am still feeling my way here so things may morph and change as time goes on, but I hope you come along for the ride.You can reach me with questions, comments, etc. at [email protected], or on twitter @rwm21.

This is our final scheduled episode of GWAE. We close out the show with questions from our mail bag. It's been a great ride for 12 years, and we are really grateful for the outpouring of kind words from our listeners, and for our sponsors over the years.Show Notes[00:00] Introduction[00:47] Lessons learned from guests on GWAE[04:45] Missed advantage plays[09:38] Memorable moments[13:26] Bankroll management and session size[15:45] Will Bob continue to blog on Las Vegas Advisor?[16:23] Penalty cards in 10/7 Double Bonus[16:54] Odds boosts[18:21] Hole carding[20:04] Card pulling on video poker[21:37] Other advantage play resources[24:09] Life lesson from gambling[28:05] Gathering free play off of multiple cards[30:14] Predicting the future of advantage play[31:55] Continuous shuffling machines[32:56] Favorite casino games[34:11] Largest failures[36:20] Best gambling advice[39:10] Commercials[42:02] "Carnival" games[44:39] Extracting value from promo chips and coupons[47:50] Lowering the house edge at blackjack without card counting[50:13] Mistakes and play speed in video poker[51:34] Closing remarksSponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comhttp://SouthPointCasino.comShort Stories and Books Referenced:http://Cbc.ca/books/literaryprizes/the-gods-of-scrabble-by-mo-srivastava-1.4244078Quit: Knowing When to Walk Away by Annie Duke - https://amzn.to/3BElw5SComp City by Max Rubin - https://amzn.to/42NUx3APodcasts Referenced:http://Theringer.com/gamblers-podcasthttp://Thehammer.bet/channel/circles-offhttp://Podcasts.apple.com/us/podcast/risk-of-ruin/id1527018692http://Twitter.com/bebetterbettors

This bonus episode is something we probably should have done a lot more of. No guest, no mail bag questions, just a conversation between Bob and IShow Notes[00:00] Introduction[00:37] Playing in New Orleans, hotel rooms, entering the casino[05:39] Dealer rotations, playing through breaks[09:16] Driving to a casino, parking, cabs[13:33] Advantage play before cell phones[16:13] "Playing a secret game"[24:55] Bob's slot plays, lifestyle[30:42] Frugality, saving, investing[34:41] Does Bob consider himself to be an optimist or pessimist?[36:03] Career regrets

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 thoughtsSponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comGuest Links:http://WizardOfOdds.comhttp://WizardOfVegas.comhttp://Twitter.com/Wizard0fOdds

No guest this week as we answer questions from our mail bag. We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction[04:46] RNGs in video poker[05:47] Las Vegas Advisor free play strategies[06:57] Does play on a cruise affect ADT or status at brick and mortar casinos[10:05] Video poker session length[12;41] Second language value for APs[15:25] Video poker progressives strategy cards, common progressive games[17:43] Generating losses, lifetime win for slot players[19:09] Recording video poker sessions[20:48] Books about Las Vegas[26:39] Ultimate X Gold strategy[29:06] A player who lives on a boat and travels to play promotions[30:48] Video poker card frequencies[31:46] Blackjack spreads and playing for comps[33:00] Playing at a newly opened casino[36:08] Commercials[38:29] Favorite advantage play game[41:11] Remaining in a casino's database, OSN[43:30] Misdeals [44:35] Doubling on 12 as cover[47:05] Buying in at tables with slot tickets[49:05] Recommended: The Night Agent on NetflixSponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comRecommended:The Night Agent - http://Netflix.com/title/81450827

Our guest this week is Captain Jack Andrews on for our final episode about sports betting. We talk about the state of the industry, as well as some of the tools at unabated.com.We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes [00:00] Introduction of Captain Jack Andrews of Unabated.com[01:16] Unabated tools exploited market inefficiencies[06:45] Correlations between card counting and sports betting[11:02] Synthetic hold and outs[14:58] How will sports betting evolve over the next few years?[19:40] Micro betting and lag time, free rolls[23:37] Vulnerabilities in new types of bets[25:45] Line shopping[29:28] Captain Jack's favorite memories of GWAE[36:56] Commercials[38:56] GWAE sponsors[40:08] Upcoming things at Unabated, alt line pricing[45:33] Parlays as cover[50:31] Variance and tipping costs[51:09] Captain Jack's final thoughts on GWAE[52:43] Recommended: People I Mostly Admire podcastSponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comGuest Links:http://Twitter.com/capjack2000Books Referenced:The Logic of Sports Betting by Ed Miller and Matthew Davidow - https://amzn.to/3LdR4VEGambling Wizards by Richard Munchkin - https://amzn.to/40meV9TRecommended:http://Freakonomics.com/series/people-i-mostly-admire/Outlive: The Science and Art of Longevity by Bill Gifford and Peter Attia - https://amzn.to/43PFYNNDan Buetter's books - https://amzn.to/41qvTFpGWAE archives - http://Lasvegasadvisor.com/gambling-with-an-edge/category/podcast/

Our guests this week are: colin Jones, Darryl Purpose, and Byrnin Down The House. For our last episode about Blackjack we wanted to have a blackjack roundtable. We talk about how blackjack has changed over the last 45 years, and how Byrnin is still able to play 100 hours per month just counting cards.We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of Colin Jones, Darryl Purpose, and Burning Down the House[01:00] Current blackjack conditions[03:38] How long could Burning Down the House continue to play?[05:57] Betting, cover, max bets[07:30] Darryl's approach to cover, use of big players[10:08] Colin and The Church Team's approach to cover, changes over time[15:56] Playing abroad[18:52] Expenses when traveling to casinos abroad[22:18] Playing in the UK[23:58] Getting stiff, cheating accusations, and confiscated chips[29:07] Generating EV at blackjack[32:02] Commercials[34:00] Playing music, playing blackjack, and favorite hands[45:15] Playing without a player's card[47:50] Recommended: We Own This City on HBO, Singer Songwriter Heaven by Kevin Faherty, Darryl Purpose at McCabes, Tales from the FeltSponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comRecommended:http://Hbo.com/we-own-this-citySinger Songwriter Heaven by Kevin Fahertyhttp://Darrylpurpose.com/showshttp://Store.blackjackapprenticeship.com/products/tales-from-the-felt-an-illustrated-anthology

Our guest this week is an advantage player named "Mr. Doppy." We talk about his exploits beating the lottery, and sports books.We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of advantage player, Mr. Doppy[01:06] Lessons learned from GWAE[02:40] Adapting to bigger stakes[04:42] Other advantage plays, lottery[14:20] The end of the lottery play[15:25] Interviewed by authorities[19:47] Cashing out[22:22] Transitioning into sports betting[27:41] Commercials[30:06] What is Mr. Doppy doing now?[31:32] Credit card points optimization[38:40] Pinball and advantage play logic[39:55] Twitter.com/MrDoppySponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comRecommended:http://Hbo.com/successionhttp://pinballmuseum.org

Our guest this week is attorney Bob Nersesian. Bob answers legal questions from you our listeners.We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of gambling attorney and Blackjack Hall of Fame member, Bob Nersesian[00:39] The future of GWAE[03:39] Unusually high progressive amount shown, backup pool[09:46] Prosecution of mistakes[13:33] Strategy for exploiting errantly programmed machines[19:55] Leeching, structuring[25:13] The right to record police[29:00] Casino refusing to return ID[34:55] Commercials[38:01] Cashing chips with an outstanding market, call instruments[40:32] Getting pulled over by tribal police, criminal jurisdiction[46:20] Cashing TITOs, change vouchers, cashless transactions[52:35] Recommended: Bob Nersesian Interview with Colin Jones, The Reckoning by John Grisham, Farnham’s Freehold by Robert HeinleinSponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comRecommended:http://Youtube.com/WFlISbpQntgThe Reckoning by John Grisham - https://amzn.to/3ZyxLtYFarnham’s Freehold by Robert Heinlein - https://amzn.to/40s28U5

Our guest this week is Mickey Crimm. Mickey is a slots pro. We talk about how slot hustling has changed over the years, and his life on the road.We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of slot hustler, Mickey Crimm[00:34] Mickey's first gambling game[03:34] Two Hustlers episode of Risk of Ruin podcast[05:11] Living in Montana[07:25] Using player's cards, longevity, comps[15:45] How has slot hustling changed in the last 5 to 10 years?[[23:09] Analyzing slot games[29:56] Commercials[32:02] Longevity tips[35:40] Information sharing and trolling[38:21] Competing for machines[44:33] Checking the most popular games, opportunity cost[47:09] Sweating other players, waiting for machines[49:19] Walking versus using a wheelchair[53:16] Recommended: The Glory on Netflix, The Big ShortSponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comLinks Referenced:http://Podcasts.apple.com/cr/podcast/two-hustlers/id1527018692?i=1000504515764Recommended:The Glory http://Netflix.com/title/81519223The Big Short - https://amzn.to/407KHZ7

No guest this week as we answer questions from our mail bag. We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction[00:31] Income from positive EV games versus income from mail and comps[06:36] Video poker machines in racinos in New York[07:52] Why don't casinos use CSMs across the board?[09:10] Evaluating the return of a mailers[11:45] Playing on a spouse's player's card[12:35] Can casinos adjust line plays and bonus pays independently[14:08] Booking a room for an evening flight[16:29] Prenups for APs[19:13] Cell phone use at tables and slots[23:07] Are casino drawings fair?[24:48] Will casinos pay slot tickets via bank transfer[26:11] Declaring cash when traveling abroad, currency restrictions[29:03] Response to being flat-bet[30:49] Deuces Wild DDB strategy[31:59] Odds of hitting a royal holding two cards[33:11] Three Way Action Video Poker[35:06] The Plaza $75 Bingo match play[36:20] Commercials[38:49] World Game Protection Seminars[46:38] Recommended: Waco on Showtime, The Collectors by David BaldacciSponsored Links:http://Store.blackjackapprenticeship.com/products/tales-from-the-felt-an-illustrated-anthologyhttp://VideoPoker.com/gwaehttp://Unabated.comRecommended:http://Sho.com/wacoThe Collectors by David Baldacci - https://amzn.to/3mNToJ6

Our guest this week is a professional sports bettor named Porter. You can reach Porter on Twitter at @MLBksPSYCHIC.We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of sports bettor, Porter[00:33] Porter’s background in gambling[02:11] Backing in California[05:36] How important is CLV?[14:10] How big is Porter’s team?[16:47] Getting stiffed[20:40] Warnings signs from partners like[23:20] Finding new places to bet, searching for liquidity[26:41] Commercials[28:33] Variance in small and large markets[32:34] Unit size[34:20] Seasoning accounts[35:51] Market efficiency[43:03] Finding partners[45:33] Betting props[49:08] HotelSlash.com, Guy Savor at Caesars Sponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.comhttp://Unabated.comRecommended:http://HotelSlash.comhttp://Caesars.com/caesars-palace/restaurants/guy-savoy