Gambling With An Edge

Our guest this week is a return visit from Matt of http://www.plusevanalytics.com. Some of the topics discussed include We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of Matt, aka @PlusEVAnalytics[00:47] Matt's lawsuit against Caesars Sportsbook[05:18] Ontario gaming regulators side with Caesars[10:05] Confidentiality agreements[14:57] Matt's course at Analytics.bet[19:59] Small data versus big data, NBA 2nd half total example[23:43] Bet Bash 2[32:15] Commercials[34:21] Will Matt ever bet on sports full-time?[36:26] The future of sports betting, adverse selection, exchanges, and parimutuel models[55:50] Listeners can contact Matt @PlusEVAnalytics on Twitter[56:03] Recommended: Fauda on Netflix, Risk of Ruin PodcastSponsored Links:http://Store.blackjackapprenticeship.com/products/tales-from-the-felt-an-illustrated-anthologyhttp://VideoPoker.com/gwaehtt

No guest this week as we answer questions from our mail bag. We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction[00:26] Playing without card inserted[00:56] Failures in advantage play[12:54] What is the best way to earn free play?[14:18] Dealers offering advice, playing hands without instruction[15:14] Tips for building a bankroll[16:50] Social engineering to prolong plays[18:09] New video poker variant[19:29] Maintaining Seven Stars status at Caesars[20:22] Testing blackjack team members[24:48] Wonging and back counting[26:10] Craps betting system[28:13] Losses at high variance video poker games[30:19] Dealer errors at Free Bet Blackjack[32:55] Is video poker still beatable in casinos today?[33:27] Playing blackjack at third base[35:42] Switching video poker variants due to short-term outcomes[36:29] Explaining advantage play to family and friends[40

Our guest this week is sports bettor Frank B, on to talk about betting this year's Super Bowl.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of sports bettor Frank B[00:43] Hedging, vig, psychological and bankroll considerations[04:50] Ratio of overs to unders[07;30] Same game parlays[10:00] Calculating standard parlay payouts[13:16] Differences in Super Bowl betting in different states[21:30] Opportunities created by a weekend influx of recreational bettors[23:51] Kiosks, apps, and betting in Nevada[28:33] What lines are likely to be moved by recreational bettors?[30:34] Patrick Mahomes[31:41] Imbalances in regional lines[33:21] Commercials[35:41] Cross sports bets[43:21] Resetting of slot machines[50:40] Recommended: The Pez Outlaw on Netflix, Las Vegas Advisor sportsbook deal in ArizonaSponsored Links:http://Unabated.comhttp://VideoPoker.com/gwa

No guest this week as we answer questions from our mail bag. We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction[00:34] Higher level counts[02:33] Hole-carding internationally[04:07] Accidentally playing someone else's slot machine mid-bonus[08:25] Counting cards on a cruise ship[10:20] Longevity research, doctors, diets, and intermittent fasting[14:51] Making donations to The Blackjack Hall of Fame's charitable arm[16:11] When and why to withdraw money from a bankroll?[23:46] Bubble craps[28:36] Commercials[30:34] Playing as an AP in the UK, ID, slots, tables, counting cards, regulations[37:48] 9/6 DDB with auto-hold[39;58] What happened to Wilma0's money?[42:09] Selling the rights to Sex, Lies, and Video Poker[43:12] Tipping[43:56] Misplaced and stolen cash stories[48:21] Richard's brother's gambling[49:28] Recommended: The Good Detective on Netfli

This is a throwback episode originally recorded in 2017. Our guest this week is Kelly Sun. The media dubbed her the "Queen of Sorts," and her team mates called her a "baccarat machine." You know her as the mysterious Chinese woman behind the Phil Ivey edge sorting cases in London, and Atlantic City. Also on this show is Michael Kaplan, who has written about Kelly for the NY Times, and Cigar Aficionado, and Lori Chang. Lori is a former member of the MIT blackjack team, and friend of Kelly. Kelly sometimes has trouble with English, and Lori came along to help translate, and share a few stories of her own. We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction[02:35] Edge sorting at baccarat[03:44] Kelly's backstory[06:15] Gemaco and other brands of cards[08:22] "The Macau way"[09:20] Automatic shufflers, reusing cards, mini baccarat, cards, and dealers[14:33] Edge s

Our guest this week is Anthony Curtis. We talk about what's new in Las Vegas.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction[00:54] Las Vegas Advisor Members Rewards[02:45] Master coupons[04:16] Waived resort fees for up to five nights at Downtown Grand[05:51] $1 minimum blackjack tables[10:11] Caesars, MGM, Station, and Boyd[11:56] Members Rewards release date[12:33] Changes in Las Vegas in 2023[16:44] Mattress Mack[22:54] NFL contests [27:10] Commercials[29:26] James Grosjean’s upcoming book[32:35] Other upcoming LVA books[35:27] Bob's upcoming strategy cards[41:48] Face-Up Pai Gow progressive [45:35] Discussion of lifelong EV[49:38] Recommended: Hit and Run on Netflix, Seven Stars free bets at Caesars, Resorts World free play and free parkingSponsored Links:http://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comGuest Links:http://Lasvegas

Our guest this week is a professional slot player named CS. We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of CS, advantage slot player[00;34] CS's early gambling experiences[02:15] Learning about beatable slots[05:24] Networking for slot APs[07:16] Scouting slots[10:59] Slot tournaments[14:25] Optimizing mailers or EV?[17:17] Casinos backing off slot players[19:50] Multi-progressive slots, software updates, RTPs[28:14] Commercials[30:28] "Must Hit By" slot machines[32:10] Chopping plays with strangers[35:24] Stalking other hustlers[39:14] Filling bill validators[42:08] Would CS check machines in front of slot techs?[44:12] Arguments over machines, camping plays[45:59] Working with a partner[48:59] Can listeners contact CS?[50:20] Recommended: Magic Spoon cereal, A Portrait of an Unknown Woman by Daniel Silva, The Art of Hunting Humans by Sidn

No guest this week as we answer questions from our mail bag. We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction[00:32] Kickers in video poker[02:00] AP in England[03:18] Switching machines in video poker[04:14] Super Times Pay[05:59] Casino Tournament Strategy by Stanford Wong[07:02] Gift pick up, average daily theoretical[08:02] Loss rebates and card counting[10:15] Strategies to deal with winning and losing, emotional bankroll[13:09] Counter intuitive plays in video poker[15:10] 9/6 Jacks or Better strategy on Bonus Poker[16:39] Finding advantage slots[17:48] Ultimate X vulutring, penalty cards[18:41] Splitting 2s versus a dealer 7, dealer knowledge of strategy[22:26] Calculating the value of odds boosts[24:28] CSM's impact on edge[27:00] Commercials[29:24] Pay schedules on multi-game machines[30:48] Frequency of hands on multi-hand games[31:42] Dice control with a

Our guest this week is Alex Kane of Sport Trade. Sport Trade is a betting exchange run very much like a financial market. rather than betting with a bookmaker, players bet against each other. Currently they are only available in New Jersey.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of Alex Kane of Sporttrade[00:44] Alex's educational and sports betting background[03:12] Betting exchanges versus bookmaker models[06:47] Sporttrade commissions, Betfair's commission policy[09:10] Algorithmic betting[10:42] Can participants create their own market on Sporttrade?[15:51] What is the average hold on a recreational bettor on Sporttrade?[17:18] Prop bets[19:39] Liquidity providers[23:10] In-game odds, DeckPrism Sports[26:41] How are liquidity providers getting their data?[29:22] Commercials[32:01] What sports are covered? What sports might be covered so

Our guest this week is attorney Bob Nersesian. We had so many questions last time from our listeners that we had to ask Bob back for another round.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Blackjack Hall of Fame[01:15] Resetting progressive jackpots[08:30] Scanning ID without consent while cashing out[11:37] Technicalities of trespassing in PA[15:10] Banking laws, right to refuse customers[24:47] Casinos using wifi to access phone data[29:19] Lying about the location of ID, elements of fraud[31:16] Inspecting state agents[35:37] Native American casino denying jackpot for vulturing UX[36:18] Surveillance audio[39:36] Delaying cash outs, patron redemptions[44:00] Commercials[46:24] Using a calculator to determine the edge on a progressive[49:58] Bad beat jackpot being held after poker room closure[51:14] Selling comped tickets[54:41] Recommended: Versailles, Suspect by Scot

Our guest this week is a sports bettor named Amber Gamble. Amber has a stats background and started her sports betting journey just a couple years ago.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes [00:00] Introduction of sports bettor, Amber Gamble[00:40] How did Amber get into the gamblng world?[02:05] Did dealing blackjack pique her interest in playing?[03:53] Moving to Lake Tahoe, pooling tips[06:04] Harvey's in the 1990s, the casino's attitude towards card counting[07:48] Moving to Las Vegas, card counting, data science, and sports betting[09:51] How did Amber start sports betting?[11:55] MMA data, handicapping MMA[15:51] Casinos in Mexico, ID requirements, taxes[22:20] Finding an edge, scaling it[25:05] Betting offshore[26:25] Has Amber expanded into betting other sports?[32:18] Commercials[35:02] Analytics.bet[40:52] Real World Risk Institute[45:20] Vegas trav

Our guest this week is attorney Bob Nersesian. Bob answers legal questions sent in by our listeners.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of gambling attorney, Bob Nersesian[00:30] Spotify podcast stats for GWAE[01:56] Resorts Casino in AC, sovereign immunity.[04:13] Online sportsbook misgraded wager[09:11] Player asked for SSN for craps buy-in, CTR[12:50] Chip verification in Las Vegas after the Young case[23:43] Civil forfeiture[28:45] Playing unrated after a trespass[34:42] Identification requirements and refusals for CTRs, SAR[45:46] Commercials[49:12] Sports betting TOS, betting by a spouse[53:01] Limiting skilled sports bettors[56:51] Structuring, exceeding $10k over multiple buy-ins[59:55] Recommended: Jeki Yoo, Season 5 of The Crown, Band of BrothersSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeship.comhttp://

Our guest this week is tax expert Russell Fox on to talk about what gamblers can do before the end of the year to help with their taxes.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of gambling tax professional, Russel Fox[00:42] Form 1099-K[03:59] Gambling winnings as a U.K. resident[08:39] Sports betting partnerships[09:42] Can gambling losses be carried over to future years?[10:46] Session recording for sports betting, related transactions[15:10] Reporting income earned by family members[17:30] Can an EIN be used for W2G's?[18:28] W2Gs for online table games play, session accounting[20:40] State taxes on phantom gambling income, deductions[21:52] Gambling logs, audits[26:17] Horse racing W2G's, 300x rule[28:09] Incorrect SSN on W2G[29:32] Sessions at different casinos[30:40] U.K. and US tax treaty for slot jackpots, lotteries[32:50] Nevada taxe

Our guests this week are Colin Jones, and David Drury. We talk about a new book they produced called "Tales From The Felt," which is a collection of 21 true stories from 21 different professional blackjack players. We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of Colin Jones and David Drury, authors of Tales from the Felt[00:40] A listener thanks GWAE[02:43] The idea for Tales from the Felt[04:24] Selecting stories, favorite stories[10:33] Deadlines, editing, managing authors[13:07] Were there any authors that weren't able to contribute?[17:13] Is the book currently available?[18:55] Book proceeds benefit the Blackjack Hall of Fame 501(c)(3)[20:08] How to order the book, bonus content[23:05] Commercials[27:25] Seven Tonys, The Mansplainer, and showing the humanity of AP[34:03] How did Richard choose his story?[36:08] David's riverboat story[38:31]

Our guest this week is a sports bettor names Scott, aka VegasHorsePools.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of sports bettor and analyst, Scott[00:32] How did Scott get into gambling?[06:01] Computer programming, odds screens[07:29] Transitioning from office work into full time gambling[09:05] Recreational, originator, and model sportsbooks[11:50] Lessons learned from working at a sportsbook[16:18] SpankOdds[18:54] How did Scott meet Spanky? Munchkin?[24:48] Networking stories and tips[34:24] Contacting Scott[35:16] Commercials [39:09] Finding an edge in sports betting[42:15] Playing the comp game[44:28] Horse racing Python program[48:05] Odds screens, Don Best, SpankOdds[50:18] Bet Bash, Dink, Chinese Mike[56:56] Recommended: Richard’s office, Spencer Cornelia, Jack Binion’s Steakhouse at Bally’s, Eat For Life by Joel FuhrmanSponsore

Our guest this week is Jimmy Jazz. He is back to talk about credit card strategies and other low roller plays.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, http://facebook.com/gamblingwithanedge, or you can find me at @RWM21 on Twitter.Show Notes[00:00] Introduction of value seeker and credit card points expert, Jimmy Jazz[00:47] Halloween in Las Vegas[02:11] Rental car issues, tips, duplicate reservations, etc[10:21] AutoSlash.com[12:10] Four Queens and Binion’s merger[17:59] Boarding pass deals at The D[21:13] Playing at The D, Golden Gate, Circa to generate offers[26:18] Point generation on advantage slots[32:45] Commercials[36:16] Caesars MasterCard[39:07] Seven Stars status[41:00] I-bonds[43:31] Discover Bank savings account[44:32] Predictit.org[45:19] Food options in Las Vegas[52:26] Gas prices[54:56] Recommended: Makers and Finders, Supreme Courtship by Christopher Buckley, PanevinoSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeshi

Our guest this week is Anthony Curtis. We talk about what's new in Las Vegas.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes00:00] Introduction[00:48] Mattress Mack and the World Series[05:32] Is the free furniture deal still available?[08:36] Does Mattress Mack really want the Astros to win?[10:12] Grand Prix is Las Vegas, celebrity racing odds[18:41] Tilman Fertitta[20:58] Station casinos, lost points, hoarding points[25:33] Commercials[29:41] Don Schlesinger's upcoming book [35:24] Bob Dancer and Phileas Bruce strategy cards[41:07] Las Vegas Advisor is going digital[45:00] Recommended: $25 match plays at The D, $1M photo display at Binion'sSponsored Links:https://SouthPointCasino.comhttps://BlackjackApprenticeship.comhttps://VideoPoker.com/gwaehttps://Unabated.comBooks Referenced:Sportsbook Management by Roxy Roxborough - https://amzn.to/3NyRxkDBlackjack Attack by Don

No guest this week as we answer questions from our mail bag. We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction[00:29] Video poker videos on YouTube[04:24] Shockwave Poker[07:15] Social gambling laws in Colorado, tax issues with partners[14:12] Gambling books with good story telling[17:41] Tipping on handpays[22:06] Sign-up bonus strategy[26:33] Scratch-off ticket system[29:50] Maximizing comps as a couple[33:02] Hit and run blackjack strategy[35:00] http://SouthPointCasino.com[36:27] http://BlackjackApprenticeship.com[36:57] http://VideoPoker.com/gwae[38:04] http://Unabated.com[38:41] Video Poker for Winners versus WinPoker[39:11] Sending a DM to Richard Munchkin on Twitter[40:59] Richard's playing deviations and indices[42:28] Why don't smaller casinos offer better video poker pay tables?[45:29] DDB question about holding KQJ[47:49] Jackpot frequ

Bob and I get a return visit from long time slot director Buddy Frank, and this was taped immediately after the Global Gaming Expo (G2E) show, the biggest casino industry trade show of the year. We spend a lot of time talking about the new things we saw. We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter, or on Facebook at https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction slot director and consultant, Buddy Frank[01:56] Machine games at G2E[04:06] Biggest trends at G2E, cashless gaming and sports betting[06:18] Skill-based slot machines[07:37] Electronic versions of carnival games[12:17] Stadium gaming, player interaction, and tipping[15:57] Investment research, profitability[18:02] Variable state slot machines[20:13] Slot machine screen size[22:47] Slot machine bet size options[28:16] Progressive machines with different bet sizes[30:58] Must-hit by machines[36:05] http://SouthPointCasino.com[37:06] http:/

Our guest this week is named Veganmav. We talk about his starting with $2.50 during the internet poker boom, and building that bankroll to mid seven figures. And yes, he still eats out of dumpsters.We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes [00:00] Introduction of poker and blackjack player, Veganmav[00:31] Being homeless as a child[01:56] Flipping Toyota Camrys[07:41] Scalping tickets[10:34] Playing poker[16:40] Heads up limit hold'em[20:09] Retiring from poker, applying to medical school[24:16] Taking a leave of absence, living in Japan and China[26:01] Learning and studying in Thailand, benefits of team meetings[27:34] Why did Veganmav retire from gambling?[30:33] http://SouthPointCasino.com[31:25] http://BlackjackApprenticeship.com[31:54] http://VideoPoker.com/gwae[33:19] http://Unabated.com[33:58] Transitioning into blackjack[36:44] Dumpster diving, food wa