Gambling With An Edge

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]  Contacti

 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 lifeisagamblepod@gmail.com, 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 lifeisagamblepod@gmail.com, 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 lifeisagamblepod@gmail.com, 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.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5604745/advertisement

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 lifeisagamblepod@gmail.com, 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.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5604745/advertisement

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 lifeisagamblepod@gmail.com, 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.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5604745/advertisement

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 lifeisagamblepod@gmail.com, 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.htmlThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5604745/advertisement

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 lifeisagamblepod@gmail.com, 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/46AbjozThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5604745/advertisement

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 lifeisagamblepod@gmail.com, 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=222sThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5604745/advertisement