Gambling With an Edge

Bob Dancer & Richard Munchkin
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7 snips
Dec 16, 2022 • 1h 1min

Sports bettor Amber Gamble

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 travel tips[54:17] Twitter.com/ambergambling[55:15] Recommended: Chili Caliente, Lady Chatterly's Lover, The Logic of Sports Betting by Ed Miller and Matthew Davidow, Shaper by PokerJoeSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comLinks Referenced:http://Analytics.bethttp://Twitter.com/PlusEVAnalyticshttp://Realworldrisk.comhttp://LasVegasAdvisor.comRecommended:http://Chilecalientetym.comhttp://Netflix.com/title/81476441The Logic of Sports Betting by Ed Miller and Matthew Davidow - https://amzn.to/3V2nR1mShaper by PokerJoe - https://amzn.to/3HEYUWR
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4 snips
Dec 9, 2022 • 1h 5min

Bob Nersesian 12/8/2022

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://VideoPoker.com/gwaehttp://Unabated.comRecommended:http://Instagram.com/jekiyoohttp://Netflix.com/title/80025678http://Hbo.com/band-of-brothers
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7 snips
Dec 1, 2022 • 56min

Gambling With an Edge - guest Russell Fox 12/01/2022

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 taxes on sports betting[35:32] Commercials[38:50] Tax on futures wagers[39:50] Combined gambling records when filing jointly, community property states[41:35] Form 5754, issuing 1099s[44:57] Good and bad states for gambling[48:03] Gambling wins and losses as part of a diversified portfolio[48:53] Withholding on W2G[50:01] Recommended: James Fridman, ProHealth Longevity NMN Pro Complete, Blood and Iron by Katja HoyerSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comRecommended:http://Jamesfridman.comhttp://Prohealth.com/pages/uthever-nmnBlood and Iron by Katja Hoyer - https://amzn.to/3izxVSkPark v Commissioner - https://www.govinfo.gov/app/details/USCOURTS-caDC-12-01058/USCOURTS-caDC-12-01058-0
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Nov 25, 2022 • 45min

Tales From The Felt

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] When will book orders start shipping?[39:24] The Gift of the Magi by Darryl Purpose, Harlan Coben's Myron Bolitar Series, Moneyball by Michael Lewis, Friends of the Children nonprofit, Swatch WatchSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comLink to Buy Tales From the Felt by Colin Jones and David Druryhttp://Store.blackjackapprenticeship.com/collections/frontpage/products/tales-from-the-felt-an-illustrated-anthologyRecommended:http://Darrylpurpose.bandcamp.com/track/the-gift-of-the-magiHarlan Coben's Myron Bolitar Series - https://amzn.to/3GIQHAoMoneyball by Michael Lewis - https://amzn.to/3EAJaRNhttp://Friendsofthechildren.orghttp://Swatch.com
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9 snips
Nov 18, 2022 • 1h 2min

Sports bettor Scott, aka VegasHorsePools

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 FuhrmanSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comGuest Links:http://Twitter.com/VegasHorsePoolsLinks Referenced:http://SpankOdds.comhttp://90degreespodcast.comhttp://Tim.blogRecommended:https://www.youtube.com/watch?v=1VdZAX4cx4ohttp://Twitter.com/RWM21/status/1590035893834092545http://Caesars.com/ballys-las-vegas/restaurants/binions-steakEat For Life by Joel Fuhrman - https://amzn.to/3X3EY5g
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Nov 11, 2022 • 59min

Jimmy Jazz 11/9/22

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://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comSites Referenced:http://AutoSlash.comhttp://GasBuddy.comhttp://Upside.comRecommended:http://Makerslv.comSupreme Courtship by Christopher Buckley - https://amzn.to/3TshVybhttp://Panevinolasvegas.com
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Nov 1, 2022 • 52min

Anthony Curtis 11/1/22

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 Schlesinger - https://amzn.to/3zG8h3MConnected Vegas Style by Richard Wilk - https://amzn.to/3WxSMF8Recommended:Match play promotions at The D$1M display at Binion's
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5 snips
Oct 27, 2022 • 58min

Mail bag 10/27/2022

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 frequency settings on slots and video poker[49:12] Recommended: Quit by Annie Duke, Thinking in Bets by Annie DukeSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comBooks Referenced:21st Century Card Counter by Colin Jones - https://amzn.to/3TJNUdVThe Biggest Bluff by Maria Konnikova - https://amzn.to/3TY3KC9Molly's Game by Molly Boom - https://amzn.to/3sCNWbSLay the Favorite by Beth Raymer - https://amzn.to/3f9cTsmShip It Holla Ballas by Jonathan Grotenstein - https://amzn.to/3SIdJtyThe Professor, the Banker, and the Suicide King by Michael Craig - https://amzn.to/3Dhnnh6Gambling Wizards by Richard Munchkin - https://amzn.to/3fdg8PqComp City by Max Rubin - https://amzn.to/3fcmWwFQuit by Annie Duke - https://amzn.to/3DAh5L0Thinking in Bets by Annie Duke - https://amzn.to/3DB8Ez8
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Oct 20, 2022 • 1h 1min

Buddy Frank & G2E 2022

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://BlackjackApprenticeship.com[37:37] http://VideoPoker.com/gwae[38:24] http://Unabated.com[39:00] Video poker games at G2E[40:24] Forfune X video poker[48:35] Big City 4's video poker[52:44] Full House or Better Wheel Poker[53:45] Buddy's additional comments on G2E trends[55:04] Gambler's podcast episode with Rufus Peabody, The Longevity Paradox by Steven Gundry, This Is How They Tell Me The World Will End by Nicole PerlrothSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comRecommended:http://Theringer.com/2022/9/21/23363621/gamblers-super-bowl-props-rufus-peabody-nflhttp://Theringer.com/2022/9/28/23375387/gamblers-super-bowl-episode-3-rufus-peabodyThe Longevity Paradox by Steven Gundry - https://amzn.to/3TljxdCThis Is How They Tell Me The World Will End by Nicole Perlroth - https://amzn.to/3Tqa1WY
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Oct 13, 2022 • 1h 3min

Veganmav

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 waste, food safety[46:58] Linguistic and cultural advantages in blackjack[52:41] Will Veganmav eventually practice medicine?[54:47] Dating as an advantage player[58:20] Recommended: The Longevity Diet, [1:02:08] How to contact VeganMav, TommyAngelo.com, Raspberry PiSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comRecommended:The Longevity Diet by Valter Longo - https://amzn.to/3rTaIfbhttp://TommyAngelo.comhttp://Raspberrypi.com

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