Gambling With an Edge

Latest Episodes:

Mail Bag 02/16/2023 Feb 17, 2023

Show notes

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
[40:59] Commercials[42:54] Bankroll management, planning for living expenses
[45:58] Free play strategy[47:05] Banking issues for advantage players
[49:33] Emotional bankroll and other tips for increasing blackjack stakes
[50:58] Does using a food comp hurt offers?
[52:46] How do APs cash out enough chips to generate income without ID?
[55:21] Recommended: Blackjack Apprenticeship Podcast (Episode BJA100), David Baldacci audiobooks
Sponsored Links:
http://Unabated.com
http://VideoPoker.com/gwae
http://BlackjackApprenticeship.com
Books Referenced:
Video Poker for the Intelligent Beginner by Bob Dancer - https://amzn.to/3YCRQQ8
Recommended:
http://Blackjackapprenticeship.com/blackjack-apprenticeship-podcast/
http://Audible.com/author/David-Baldacci/B000AQ0STC

Frank B on Super Bowl 2023 Feb 10, 2023

Show notes

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 Arizona
Sponsored Links:
http://Unabated.com
http://VideoPoker.com/gwae
http://Store.BlackjackApprenticeship.com
Recommended:
http://Netflix.com/title/81641996
http://Lasvegasadvisor.com

Mail Bag 02/02/2023 Feb 03, 2023

Show notes

Kelly Sun Throwback episode Jan 27, 2023

Show notes

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 sorting in blackjack
[16:14] Developing the baccarat strategy
[19:39] Playing in Las Vegas, playing with Phil Ivey
[25:30] Playing in Macau
[27:28] Foxwoods
[30:43] Casinos taking freerolls
[32:00] Don Johnson sees Kelly and Phil at The Borgata
[33:43] Different rules in baccarat
[34:44] Eddie stories
[38:51] Funny stories about frugality
[43:04] Commercials
[44:36] Kelly's nicknames
[48:24] Court cases in New Jersey and London
[50:35] Playing video poker in Lake Tahoe
[52:26] Edge sorting in baccarat versus blackjack
[53:43] Exploiting stereotypes
[58:27] Can Kelly still play?
Sponsored Links:
http://Unabated.com
http://VideoPoker.com/gwae
http://BlackjackApprenticeship.com
Books Referenced:
Tales from the Felt
http://store.blackjackapprenticeship.com/products/tales-from-the-felt-an-illustrated-anthology

Anthony Curtis 1/19/2023 Jan 20, 2023

Show notes

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 parking
Sponsored Links:
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae
http://Unabated.com
Guest Links:
http://Lasvegasadvisor.com
http://Huntingtonpress.com
http://Youtube.com/c/LasVegasAdvisorSHOW
Recommended:
http://Netflix.com/title/80205626
Caesars free bets
Resorts World free play and free parking

Pro Slot Player CS Jan 13, 2023

Show notes

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 Sidney Mazzi
Sponsored Links:
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae
http://Unabated.com
Recommended:
http://Magicspoon.com
A Portrait of an Unknown Woman by Daniel Silva - https://amzn.to/3QBAnUZ
The Art of Hunting Humans by Sidney Mazzi - https://amzn.to/3W0aGi8

Mail Bag 1/5/2023 Jan 06, 2023

Show notes

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 robot arm
[32:30] Video poker player analyzer software
[38:51] Splitting aces
[39:16] A die that paces 7:6 on sixes
[41:11] The Recruit on Netflix, The Playlist on Netflix
Sponsored Links:
http://Unabated.com
http://VideoPoker.com/gwae
http://BlackjackApprenticeship.com
Books Referenced:
Casino Tournament Strategy by Stanford Wong - https://amzn.to/3VMJFOX
Gambling 102 by Michael Shackleford - https://amzn.to/3Zi01Cb
Recommended:
The Recruit - http://Netflix.com/title/81396545
The Playlist (incorrectly called the Industry in the episode) http://Netflix.com/title/81186296

Alex Kane of Sport Trade Dec 30, 2022

Show notes

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 soon?
[34:21] Entertainment and political event markets
[36:07] Court-siding
[42:18] Sport trade user base and growth
[46:33] Technology, delays, connectivity
[50:27] Price discovery
[52:58] Contacting Alex at Twitter.com/A_Kane47
[53:30] Recommended: George and Tammy on Showtime, wearing headphones while playing, Blink of an Eye
Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae
http://Unabated.com
Recommended:
http://Sho.com/george-and-tammy
http://Youtu.be/i0gTo-qpxSI

Bob Nersesian 12/22/2022 Dec 23, 2022

Show notes

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 Turowk, Kenny Rogers "Kentucky Homemade Christmas"
Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae
http://Unabated.com
Recommended:
Versailles on Netflix - http://Netflix.com/title/80099753
Suspect by Scot Turow - https://amzn.to/3jpJTOt
http://Youtube.com/watch?v=wQHnFCMlTlg

Sports bettor Amber Gamble Dec 16, 2022

Show notes

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 PokerJoe
Sponsored Links:
http://SouthPointCasino.com
http://BlackjackApprenticeship.com
http://VideoPoker.com/gwae
http://Unabated.com
Links Referenced:
http://Analytics.bet
http://Twitter.com/PlusEVAnalytics
http://Realworldrisk.com
http://LasVegasAdvisor.com
Recommended:
http://Chilecalientetym.com
http://Netflix.com/title/81476441
The Logic of Sports Betting by Ed Miller and Matthew Davidow - https://amzn.to/3V2nR1m
Shaper by PokerJoe - https://amzn.to/3HEYUWR

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