Gambling With an Edge
Bob Dancer & Richard Munchkin
Learn to Gamble With an Edge from authors, and professional gamblers Bob Dancer and Richard Munchkin. We aim to make you a better gambler tomorrow than you were yesterday.
1 Listener
All episodes
Best episodes
Top 10 Gambling With an Edge Episodes
Goodpods has curated a list of the 10 best Gambling With an Edge episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Gambling With an Edge for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Gambling With an Edge episode by adding your comments to the episode page.
Gambling With an Edge - guest Jay Helfert part 2
Gambling With an Edge
04/29/21 • 58 min
Our guest this week is a return visit from Jay Helfert. Jay is a pool player, tournament organizer, and pool room owner. 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. podcast Click to listen - Alt click to download Show Notes [00:00] Introduction of Toupee Jay Helfert, pool and poker player [00:22] Subscriptions and reviews [01:49] Jay's background in poker [02:33] Playing in the WSOP [08:47] Amarillo Slim [09:50] Gavin Smith [12:12] Richard's Amarillo Slim story [14:06] Hollywood Park [23:07] South Point Casino May Promotions - Half-Priced Gas and Goods, Mother's Day Chocolates Giveaway [24:14] BlackjackApprenticeship.com - card counting training site and community, Blackjack Bootcamps are scheduled for this summer [24:30] VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners [25:16] The origin of Minnesota Fats' nickname [29:33] Walter Tevis [32:35] Harry Reasoner [36:21] Playing pool against the a leader of a motorcycle club [45:35] Carrying a gun [48:44] Unusual pool stories [58:25] How to order copies of Jay's books, Pool Wars and More Pool Wars Sponsored Links: SouthPointCasino.com BlackjackApprenticeship.com VideoPoker.com/gwae Jay's Website: JayHelfert.com
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Learn more about your ad choices. Visit podcastchoices.com/adchoices
1 Listener
Gambling With an Edge - guest Matt of PlusEVanalytics part 2
Gambling With an Edge
10/15/20 • 53 min
Our guest this week is a return visit from Matt of http://www.plusevanalytics.com. Some of the topics discussed include pointsbet, which is a newcomer to American sports books. We also talk about correlated parlays, why you should never use a tout, and the difference in US and Canadian sports betting. 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. podcast Click to listen - Alt click to download Show Notes [00:00] Introduction of Matt, a Canadian actuary, from PlusEVanalytics.com [00:35] What is a points better? [02:25] Skewness and asymmetric distributions [03:23] Caps in a points bet [04:51] Player prop distributions [06:11] Required collateral [07:26] Market efficiency [09:11] Canadian sports betting markets [14:06] U.S. tax issues for foreign gamblers [16:27] FiveThirtyEight.com [19:00] Positive EV situations on Predictit.org [24:14] South Point Casino October Promotions - Free Play with a Kicker [25:00] Predictit.org/promo/edge [25:32] BlackJackApprenticeship.com - card counting website and community [26:21] VideoPoker.com/gwae - Gold Membership offers correction on most games [27:21] Pricing counterparty risk [29:11] Promotion stories [32:54] Tesla Model S [34:54] Correlated parlays [40:31] Domestic versus offshore sports betting [42:18] Touts [48:50] How can listeners contact Matt? [49:38] Recommended - 99 Second Story Telling Contest, My Octopus Teacher, RX Gamble Guest links: PlusEVAnalytics.com Twitter.com/PlusEVAnalytics Sponsored Links: SouthPountCasino.com Predictit.org/promo/edge BlackJackApprenticeship.com VideoPoker.com/gwae Recommended: 99 Second Story Grand Slam https://fb.me/e/3IPJBlqsF My Octopus Teacher Netflix.com/title/81045007 RXGamble.com
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Mohan Srivastava Throwback
Gambling With an Edge
09/11/22 • 43 min
This week's throwback episode is from July of 2014, and features Mohan Srivastava. Mohan cracked the code on several scratch off lottery games. We talk about beating the lottery. You can read about some of his exploits in this Wired magazine article. https://www.wired.com/2011/01/ff-lottery/.
Also on the show we mention a story Mohan wrote about Scrabble. You can read that story here. https://www.cbc.ca/books/literaryprizes/the-gods-of-scrabble-by-mo-srivastava-1.4244078
Also on the show we mention a story Mohan wrote about Scrabble. You can read that story here. https://www.cbc.ca/books/literaryprizes/the-gods-of-scrabble-by-mo-srivastava-1.4244078
Gambling With an Edge - Mail Bag 3/1/21
Gambling With an Edge
03/05/21 • 56 min
No guest this week as we once again dip into 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. podcast Click to listen - Alt click to download Show Notes [00:00] Introduction [00:28] Flash player and Video Poker for Winners [02:01] Stories about teammates blowing cover [06:02] Life-threatening events on trips [08:37] Desirable GWAE guests [10:57] Triple Double Bonus Wheel Poker [11:44] $25 9/6 Jacks with 239 straight flush payouts [12:43] Advice about being ratted out by another AP [16:44] Fun trips and fun plays [21:01] Choosing teammates [22:00] Single deck, 6/5 blackjack game dealt all of the way down [24:50] Benny Binion and The Horseshoe [29:00] Sports betting error at a kiosk [31:10] Can craps be beaten? [33:17] South Point March Promotion - Swipe, Spin, and Win [34:47] Predictit.org/promo/edge - place small wagers on various political events, $20 deposit match for GWAE listeners [35:47] BlackjackApprenticeship.com - card counting resources, training, and community [36:17] VideoPoker.com/gwae - Gold Membership offers correction on most games [37:07] Getting money out of Poland [41:50] How much to top-tier APs make in a year? [44:54] Video poker promo question [46:19] Blackjack and video poker programming question [49:03] Playing on another person's players card [51:31] Video poker variations [53:23] What is a good year for a card counter in Vegas? [54:52] Recommended: Ginny and Georgia on Netflix Sponsored Links: SouthPointCasino.com Predictit.org/promo/edge BlackjackApprenticeship.com VideoPoker.com/gwae Links Referenced: VideoPokerForWinners.com/downloads Lasvegasadvisor.com/gambling-with-an-edge/my-interview-with-bj-traveller/ WizardofVegas.com Recommended: Netflix.com/title/81025696
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Gambling With an Edge - guest Consultant AP
Gambling With an Edge
12/18/20 • 57 min
Our guest this week is a former surveillance director, Consultant AP. He left surveillance to become an AP. 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. podcast Click to listen - Alt click to download Show Notes [00:00] Introduction of former surveillance employee and current AP, Consultant AP [00:47] Consultant AP's background in surveillance [02:11] Learning about advantage play [05:32] What surveillance skills are helpful in advantage play? [07:35] Consultant AP begins to dabble in advantage play [09:26] Sports betting [16:15[ Barrings and back-offs in Las Vegas [20:10] Coming up with the name Consultant AP [21:17] Meeting RxGamble and spotting APs from surveillance [27:31] South Point December Promotions - Pay Less with Your Points, Christmas Day Hot Seat [28:55] Predictit.org/promo/edge - place small bets on various political events, $20 deposit match for GWAE listeners [30:15] VideoPoker.com/gwae - Gold Membership offers correction on most games [31:12] Meeting RxGamble [35:55] A consulting job example [40:00] Teaching with RxGamble [43:20] Is Consultant AP still tied into the surveillance community? [45:15] Which Las Vegas casinos are flyer happy? [47:33] Do surveillance employees have time to look for advantage players? [49:27] Listeners can reach Consultant AP via Twitter DM @ConsultantAP [50:29] Blackjack Discord [51:48] @TedWhitingsMom [54:46] Recommended - Thai Kitchen, Boulevard Bar and Grille Sponsored Links: SouthPointCasino.com Predictit.org/promo/edge VideoPoker.com/gwae Recommended: 9thaikitchenlv.com Boulevardbarandgrille.com
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Gambling With an Edge - guest Bob Nersesian 3/31/2022
Gambling With an Edge
03/31/22 • 64 min
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 [email protected], 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 using a disguise cheating?
[49:38] Does Bob practice in Southern California?
[50:24] Device law in the USA
[53:09] Is it legal to record a table game?
[55:38] Gaming Control Board vs Gaming Control Commission
[56:49] State bar and advantage play
[1:00:49] Recommended - Kartchner Canyons, Ray Bradbury, Pat Frank, Harlan Ellison
Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae
Recommended:
http://Azstateparks.com/kartchner
Ray Bradbury https://amzn.to/3Dvrp5d
Pat Frank https://amzn.to/38iFaJ9
Harlan Ellison https://amzn.to/3Dpwjkp
Learn more about your ad choices. Visit podcastchoices.com/adchoices
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 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 using a disguise cheating?
[49:38] Does Bob practice in Southern California?
[50:24] Device law in the USA
[53:09] Is it legal to record a table game?
[55:38] Gaming Control Board vs Gaming Control Commission
[56:49] State bar and advantage play
[1:00:49] Recommended - Kartchner Canyons, Ray Bradbury, Pat Frank, Harlan Ellison
Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae
Recommended:
http://Azstateparks.com/kartchner
Ray Bradbury https://amzn.to/3Dvrp5d
Pat Frank https://amzn.to/38iFaJ9
Harlan Ellison https://amzn.to/3Dpwjkp
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Gambling With an Edge - guest Matt of PlusEVanalytics.
Gambling With an Edge
10/01/20 • 58 min
Our guest this week is Matt from http://www.plusevanalytics.com. He is a Canadian actuary who also dabbles in advantage play. We discuss Taleb's concept of anti-fragility and how that is very useful in sports betting. We also discuss how the Kelly Criterion comes up with different answers sometimes and how are we to know which is which? 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. podcast Click to listen - Alt click to download Show Notes [00:00] Introduction of Matt from PlusEVAnalytics.com [00:50] Show notes information and availability [02:36] The best forum for site comments and feedback is at GamblingWithAnEdge.com [03:21] Actuarial science as a profession [05:40] Nassim Nicholas Taleb, Twitter.com/nntaleb [11:14] NFL season totals and antifragility [15:45] Dow Jones and antifragility [17:36] PointsBet.com and distributional mathematics [24:46] Super Bowl prop bets, Michael Shackleford, and market efficiency [30:35] Sportsbook hold versus roulette hold, epistemic uncertainty and adverse selection [39:19] South Point Casino October Promotions - 'Free Play with a Kicker' [39:59] Predictit.org/promo/edge - place small bets on various political outcomes, $20 deposit match for GWAE listeners [40:40] BlackjackApprenticeship.com - card counting training site and community [41;02] VideoPoker.com/gwae - Gold Membership offers correction on most games [41:57] Kelly Criterion [45:49] Being both an actuary and a gambler [53:10] How can listeners contact Matt? [56:03] Recommended - Schitt's Creek on Netflix, Captain Jack Andrews on Youtube and Twitter Sponsored Links: SouthPointCasino.com Predictit.org/promo/edge BlackjackApprenticeship.com VideoPoker.com/gwae Guest Links: PlusEVAnalytics.com Twitter.com/PlusEVAnalytics PlusEVAnalytics.wordpress.com/publications Recommended: Schitt's Creek, Netflix.com/title/80036165 Captain Jack Andrews, Youtube.com/CaptainJackAndrews/videos, Twitter.com/capjack2000
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Sports bettor Scott, aka VegasHorsePools
Gambling With an Edge
11/18/22 • 61 min
Our guest this week is a sports bettor names Scott, aka VegasHorsePools.
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 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 Fuhrman
Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae
http://Unabated.com
Guest Links:
http://Twitter.com/VegasHorsePools
Links Referenced:
http://SpankOdds.com
http://90degreespodcast.com
http://Tim.blog
Recommended:
https://www.youtube.com/watch?v=1VdZAX4cx4o
http://Twitter.com/RWM21/status/1590035893834092545
http://Caesars.com/ballys-las-vegas/restaurants/binions-steak
Eat For Life by Joel Fuhrman - https://amzn.to/3X3EY5g
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 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 Fuhrman
Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae
http://Unabated.com
Guest Links:
http://Twitter.com/VegasHorsePools
Links Referenced:
http://SpankOdds.com
http://90degreespodcast.com
http://Tim.blog
Recommended:
https://www.youtube.com/watch?v=1VdZAX4cx4o
http://Twitter.com/RWM21/status/1590035893834092545
http://Caesars.com/ballys-las-vegas/restaurants/binions-steak
Eat For Life by Joel Fuhrman - https://amzn.to/3X3EY5g
Gambling With an Edge - guest Max Coins
Gambling With an Edge
07/23/20 • 59 min
Our guest this week is Max Coins, an option trader who had many low roller shenanigans he played in Vegas and Atlantic City when he was younger, as well as some high-roller play later in his career. 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. podcast Click to listen - Alt click to download Show Notes [00:00] Introduction of advantage player Max Coins [00:50] Max's friend, Sam [02:30] Pranking Binion's [04:40] Sahara promotions [08:08] Other coupon advantage plays [19:27] Vegas World coupon strategies [28:28] South Point July Promotions - "Spin to Win" [29:33] Predictit.org/promo/edge - place small bets on political outcomes, $20 deposit match for GWAE listeners [30:15] BlackjackApprenticeship.com - card counting training site and community, Blackjack Boot Camps available [31:30] VideoPoker.com/gwae - Gold Membership offers correction on most games, Pro Membership included correction on QQ and UX [32:34] More discussion of Vegas World promotions [38:37] Bellagio stories [43:35] Trump Taj Mahal promotions and various other exploits [57:27] Recommended - artsandculture.google.com, Dark on Netflix Sponsored Links: SouthPointCasino.com Predictit.org/promo/edge BlackjackApprenticeship.com VideoPoker.com/gwae Recommended: ArtsAndCulture.Google.com Dark - Netflix.com/title/80100172 Max Coin's other episode: LasVegasAdvisor.com/gambling-with-an-edge/gambling-with-an-edge-guest-max-coins/
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Gambling With an Edge - guest Big Red
Gambling With an Edge
01/17/20 • 53 min
Our guest this week is Big Red, a video poker player who was able to figure out and exploit the Movin’ On Up video poker game. Several features of the discussion highlight the type of things video poker players do to gain an edge in a casino We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter. podcast Click to listen - Alt click to download Show Notes [00:00] Introduction of Big Red, successful video poker player[00:46] Movin’ On Up video poker[06:40] Researching IGT’s numbers[08:26] Finding Movin’ On Up and a car drawing[19:14] Figuring out the strategy[22:54] Does the game still exist?[25:15] Auto-hold[28:32] Paytables, draw variants, and strategy[30:21] South Point Casino January Promotions - $500k Spin to Win, $32k Hot Seat on 1/20, free video poker classes[33:41] VideoPoker.com/gwae - Gold Membership offers correction on most games, Pro Membership includes Quick Quads and basic Ultimate X[34:56] Predictit.org/promo/edge - place small wagers on political events[36:12] BlackJackApprenticeship.com - blackjack training site and forum [36:58] “All But Dissertation” in computer science [41:05] Movin’ on Up strategy in the dissertation[48:42] Recommended - write 2020, Library Extension, Las Vegas Improv, Storytelling at A Public Fit SouthPointCasino.comVideoPoker.comPredictit.org/promo/edgeBlackJackApprenticeship.comBobDancer.com/seminars LibraryExtension.comLVImprov.comAPublicFit.org
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Show more best episodes
Show more best episodes
FAQ
How many episodes does Gambling With an Edge have?
Gambling With an Edge currently has 264 episodes available.
What topics does Gambling With an Edge cover?
The podcast is about Leisure, Video, Gambling, Games, Vegas, Play, Podcasts, Richard, Sports, Bob and Poker.
What is the most popular episode on Gambling With an Edge?
The episode title 'Gambling With an Edge - guest Jay Helfert part 2' is the most popular.
What is the average episode length on Gambling With an Edge?
The average episode length on Gambling With an Edge is 54 minutes.
How often are episodes of Gambling With an Edge released?
Episodes of Gambling With an Edge are typically released every 7 days.
When was the first episode of Gambling With an Edge?
The first episode of Gambling With an Edge was released on Nov 29, 2018.
Show more FAQ
Show more FAQ