Gambling With An Edge

Our guest this week is Norman Zadeh. Norman is a former mathematics professor, and longtime gambler. He wrote one of the first math based poker books back in 1974. He has been a winning gambler at backgammon, poker, and sports betting.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 Norman Zadeh[00:39] Norman’s gambling background, poker, backgammon[04:41] Writing a poker book[07:15] Does Norman still play backgammon?[08:48] Superstition, cosmic unconsciousness [11:35] Sports betting, handicapping[13:49] Modeling baseball[16:46] Handicapping basketball[20:13] Investing, trading in the stock markets[21:35] Opportunities to make money with math[23:58] Writing software, writing songs[26:11] Analyzing backgammon in the 1970s, brute force, XG[31:40] Kyle Larsen story[33:00] Investing versus betting[37:44] https://SouthPointCasino.com[38:32] https://

Our guest this week is known simply as K.C., and was one of the most fascinating guests we have had. K.C. started as a professional blackjack player, and when he started getting barred he turned to craps. He read Wong on Dice and decided that this was the game for him. He won $1.5 million dollars at craps before the dice started to turn. After losing almost all of that money back he now thinks that he never had an edge. Yet many casinos barred him from playing dice! We also talked about a documentary film he has been working on about his blackjack adventures. That film is now out, and is titled, Inside The Edge.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.

Our guest this week is Will. Will started out as a card counter, moved on to other forms of AP, and then moved into DFS and sports betting.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 advantage player, Will[01:07] Will's gambling background[03:59] Early bet spreads and late night minimums[04:54] Getting deterred by early losses, blackjack forums, finding a team[10:17] Trying to return to the team after a 100-hour losing streak, learning new system, retesting[12:27] Playing with Darryl Purpose[14:59] Moving to Las Vegas, finding games in the U.S.[21:48] Hole-carding[22:48] Getting backed-off, barred, etc[28:37] Differences in advantage play between the U.S. and U.K.[31:42] Card counting rules in London clubs[33:03] Commercial break[35:24] Will's career since 2015[38:41] Computer programming[41:28] Weak DFS markets[44:18] DFS pools versus head

Our guest this week is Stanford Wong. We discuss controlled dice throwing, and his book, Wong on Dice. Bob and I also discuss "scares" which in video poker means near misses of a royal flush, but in blackjack usually involves security guards.This episode originally aired in Oct of 2011. 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.

Our guest this week is Adam Bjorn. Adam has worked both sides of the counter for over 30 years, He is both a professional bettor, and a bookmaker, and now is working for a software company aimed at giving bookmakers bettor tools for servicing their customers.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 Adam Bjorn, sports bettor and sportsbook software expert[00:43] Adam's background in gambling[01:57] Finding an edge, informational advantages[06:20] Why did Adam move to Jamaica?[11:24] Getting accounts shut down, maintaining outs[13:16] Bookmaking in Jamaica[16:41] Horse racing in Jamaica, pools, rebates, etc[20:02] Creating software for sportsbooks[24:14] Limiting and banning players[28:00] South Point Casino July Promotions - $650k Summer Money Madness casino-wide progressives[28:45] http://BlackjackApprenticeship.com - blackjack training site

Our guest this week is Houston Curtis. Houston is a sleight of hand expert, and executive producer of the live streaming poker show "Live At The Bike." We talk about some of the recent poker cheating scandals and what you can do to protect yourself. He is also the author of Billion Dollar Hollywood Heist, and his experiences playing in "Molly's Game."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 Houston Curtis, sleight of hand and game protection expert[00:41] GWAE is changing podcast platforms[02:23] Live at The Bike[07:45] Limon[08:46] Cheating in card games[13:28] RFID, hole cards, Mike Postel, home games[20:09] Shufflemaster vulnerabilities in Texas[27:47] South Point Casino July Promotions - $25k and $1k-$2.5k casino wide progressives[28:33] http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides,

Our guest this week is Anthony Curtis. We talk about what's new in Las Vegas, and upcoming books from Huntington Press.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 Anthony Curtis, publisher of The Huntington Press and The Las Vegas Advisor[00:30] Upcoming books by James Grosjean from The Huntington Press[06:34] Other upcoming books from The Huntington Press[09:48] Houston Curtis' upcoming book[18:08] New ownership at The Palms[28:00] South Point Casino June Promotions - $600k Spin to Win[29:33] http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room[30:02] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners  [32:56] WSOP on The Strip, online poker[37:20] CIrca football contests, recent Circa Sports hires[40:29] Vi

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[00:38] Double Up feature in video poker[02:46] Effect of variance when playing multiple hands on blackjack[04:00] Playing online vs playing in-person[05:50] Legality of relaying hole card information[08:06] Pressing a casino on a jackpot that might have gone unpaid[10:48] Tax evasion versus tax avoidance[15:31] The value of strategy deviations in blackjack[16:57] Continue to play after being flyered?[20:54] Keno tournaments[23:36] Expected value in video poker progressives[24:16] Players who won $90,000 in cash[27:22] Getting a pin-locked players card[29:30] Playing rated versus unrated[30:44] South Point Casino June Promotions - $600k Spin to Win[32:31] http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides,

Our guest this week is a return visit from professional sports bettor, Fats.  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, Fats[00:37] Fats' Twitter prediction about William Hill and Circa Sports, Twitter.com/real_fats[03:17] Torturing Spiro The Greek[08:09] Meeting with the heads of offshore books[11:03] 1992 Billy Walters' computer trial[21:28] South Point Casino June Promotions - $600k Spin to Win[23:07] http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room[23:39] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners  [24:50] Fats and Spanky were arrested[42:15] Advice for new sports bettors[47:45] Sports betting tournaments[54:57] Recommended: Ed Thorpe on Tim Ferris podcast, The Hanging Judge b

Our guest this week is professional sports bettor known as Fats. Fats has been at it over 30 years, and has worked with the best of the best, as well as running his own crew. The man can tell a story.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, Fats[00:50] Fats' Twitter, Twitter.com/real_fats[04:52] Fats' introduction to sports betting[06:01] Getting backed off from betting[08:15] Betting with "The Businessman"[11:17] Fats' math background[12:51] Betting baseball[17:07] Does Fats originate bets?[27:00] Top down versus chasing steam[29:09] South Point Casino June Promotions - $600k Spin to Win[30:46] http://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum, and chat room[31:17] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for

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[00:28] What other professions would Bob and Richard have considered?[05:37] Caesars stops sending a player mailers[07:15] Would Bob or Richard auction off a meeting?[09:07] Brainstorming dead plays[17:02] How to prepare for a play that happens at unusual hours[18:59] 8/5 Aces Bonus[20:35] Card counting and AP slots at the same casino[21:35] Video poker tournament strategy[24:00] Getting Diamond status via hedges[26:07] Richard's $3000 bet on roulette [28:24] Illustrious 18 question [29:35] Blackjack strategy and dealer management question[32:54] South Point Casino May Promotions - Half-priced gas and goods, $32k Hot Seat Promotion 5/30[33:43] https://BlackjackApprenticeship.com - blackjack training site with analytical software, training guides, members forum

Our guest this week is Elihu Feustel. Elihu is a professional bettor that has also worked the other side of the counter so he brings a unique perspective to his betting.  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 sports bettor, Elihu[00;35] How did Elihu get started in gambling?[01:11] Playing blackjack[02:22] Elihu's education and professional life[03:48] Transitioning from blackjack to sports betting[05:51] Working for Pinnacle[08:18] Backgammon[08:59] More on Elihu's Pinnacle work, trading[12:30] Lessons learned from working in a premier sportsbook[14:07] Identifying sharp players and market manipulation[20:26] Derivatives betting[22:03] Sportsbook Review [24:14] Nitrogen Sports[25:43] Lessons from moderating Sports Book Review[29:50] South Point Casino May Promotions - Half-priced gas and goods[31:01] http://BlackjackApprenticeship.com - blackjack trainin

Our guest this week is Chance Kornuth. Chance is a poker player and founder of Chip Leader Coaching. He has over $10 million in career earnings,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 player, Chance Kornuth[00:48] Chance's success and notoriety[01:36] Las Vegas charity poker tournament[03:27] Chip leader coaching[04:26] Chance's poker beginnings, quitting college to play professionally[07:15] Reading poker tells[10:10] WSOP incident[13:11] PLO match with Phil Galfond[16:37] Playing cash games[17:11] Chance's other product offerings[21:21] Playing short deck and other games[25:27] Learning short deck strategy[26:36] Upcoming live tell product[28:15] Final table consulting[34:06] South Point Casino May Promotions - Half-priced gas and goods, Mother's Day candy promo[35:15] http://BlackjackApprenticeship.com - blackjack training site with analytical s

Our guest this week is legendary bookmaker Scotty Schettler. Scotty started in Las Vegas at the old Churchill Downs sports book, and eventually moved to take over the Stardust after the mob was thrown out. He's written a memoir entitled, "We Were Wiseguys and Didn't Know It."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 former Stardust bookmaker and author, Scotty Schettler[00:43] Scotty's history in bookmaking[02:43] Churchill Downs Race and Sportsbook in Las Vegas[06:43] Customers trying to scam ticket writers[09:40] Working at Tower of Pizza[15:43] The Royal[20:21] The Stardust[25:22] Roxy Roxborough at The Stardust[27:11] The Computer Group, Billy Walters[38:46] South Point Casino May Promotions - Half-priced gas and goods, Mother's Day candy promo[40:20] http://BlackjackApprenticeship.com - blackjack training site with analytical software, members forum,

Our guest this week is a poker pro, and AP who goes by Maverick.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 player and musician, Maverick[00:29] How did Maverick get started in poker?[06:11] Building a bankroll[08:14] Tilted by a bad beat, going broke[11:39] Playing 2/5 NL in Louisville, moving to Las Vegas[15:30] Learning more about poker, getting better[17:28] Gambling and family life[20:11] Adjusting risk management, diversifying income streams, analytics[24:11] Cheating in Las Vegas poker rooms[25:11] Playing in Bobby's Room and other big games[32:10] Playing heads up[34:54] Shifting into other forms of advantage play[37:08] Advantage play teams[39:32] Sensing heat[45:21] South Point Casino May Promotions - Half-priced gas and goods, Mother's Day candy promo[46:28] http://BlackjackApprenticeship.com - blackjack training site with analtical software

Our guest this week is Norman Beck, magician, bridge player, and gambler who has made bets from 42 cents to a Billion dollars for his company SCA.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 bridge player Norman Beck[00:39] How did Norman get started in gambling?[01:56] Norman's bridge experience[03:43] How did Norman get better at bridge?[06:45] SCA[09:22] Pepsi "Play for a Billion" promotion[11:29] Insuring 42 cent bets[14:44] Market research calculations and usual promotions[18:56] Protection from scams, declining inquires to insure[24:07] Insuring a promotion for one person[30:12] South Point Casino April Promotions - $500k Swipe, Spin, and Win[31:00] http://BlackjackApprenticeship.com - Blackjack Bootcamps are happening in Las Vegas in May[31:54] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for G

No guest this week as we once again dip into out mail bag. But first we talk about this year's Bet Bash.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[00:28] Bet Bash 2 recap[13:05] Playing full pay DB with JoB strategy[15;09] Blackjack The Discord[16:00] How random are the cards in Video Poker for Winners?[17:53] Facial recognition[21:48] UX DDB strategy[23:09] How can a basic strategy player at most low-hold casino games get better?[26:54] Can casino employees bet where they work?[28:33] Cutting and catching an ace in blackjack[31:47] Sex, Lies, and Video Poker[33:01] Could a history of recreational play be an advantage?[35:34] Bar top video poker games[36:25] http://SouthPointCasino.com - $500 Swipe, Spin, and Win[37:34] http://BlackjackApprenticeship.com - Blackjack training website, tools, and community. Blackjack Bootcamps now being offered[38:00] http://Vid

Our guest this week is attorney Bob Nersesian. He is back for part 2 of our interview.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 gaming attorney Bob Nersesian[00:38] Nevada Gaming Control Board[06:30] Sports betting limits, politics, public perception of gambling[11:23] Factors in making barring players illegal in New Jersey[14:30] Card counter's rights in international waters[18:56] What should players do when approached by security in a polite manner?[22:15] Can casinos create a player's club account without player consent?[25:16] Police sharing identification info with casinos[27:08] Is it a crime to lie to a police officer?[29:22] What should a player not do?[30:54] Cases with audio and video[39:18] South Point Casino April Promotions - $500k Swipe, Spin, and Win[40:24] http://BlackjackApprenticeship.com - Blackjack Bootcamps are happening in Las Vegas

Our guest this week is attorney Bob Nersesian. We talk about being 86ed from casinos, casinos that steal your chips, and much more.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 gaming attorney Bob Nersesian[00:40] Card counter rights in international waters [04:52] Wilma0’s chip cashing case[12:26] Do casino shareholders have extra rights as patrons?[13:09] More on Wilma0’s case[18:29] Slade case on trespassing[20:48] Betting online with beards[23:09] Can a casino refuse to pay a player who has been previously barred?[27:52] Do players have the right to be paid by check?[29:57] Trespassing in tribal casinos[34:08] Must errant payments be repaid?[39:30] Cashing chips that are difficult to cash[41:41] http://SouthPointCasino.com - Prime Time Mondays, 100 hours of poker promo[42:34] http://BlackjackApprenticeship.com[43:07] http://VideoPoker.com/gwae[44:22] Is us

Our guest this week is Chris Andrews, Director of the Sports Book at South Point. We had Chris on last year to talk about his book, "Then One Day," and now he is back to talk about his second book, "Then One Year."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 Chris Andrews, sportsbook director and author of Then One Year[00:41] How is Then One Year different from Then One Year[04:53] Recounting wins and losses[06:33] Las Vegas' pandemic recovery[07:42] Health updates[11:49] Why was 2020 so difficult for bookmakers?[15:56] Was there sharp money in obscure markets during the pandemic/[16:46] Calculating odds on obscure sports[18:11] Variance in bookmaking operations[21:34] Tom Brady's impact on futures[26:17] South Point Casino March promotions - Free Play with a Kicker[26:56] http://BlackjackApprenticeship.com - card counting training site and advantage play co