Gambling With An Edge

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 taxe

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]

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 FuhrmanSponsore

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://BlackjackApprenticeshi

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

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 frequ

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:/

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 wa

Our guests this week are Max Rubin, and Darryl Purpose. This episode is about the 2022 Blackjack Ball.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 Max Rubin and Darryl Purpose[00:56] How was this year's Blackjack Ball different?[02:32] The Blackjack Ball 501c3[05:43] Organizing the Blackjack Ball and logistics[07:35] Blair Hull receives the Ed Thorp Lifetime Achievement Award[11:00] Test questions[17:47] Cleveland Clinic Lou Ruvo Center for Brain Health[19:46] Guessing states with tribal casinos[25:28] http://SouthPointCasino.com[26:19] http://BlackjackApprenticeship.com[27:00] http://VideoPoker.com/gwae[28:15] http://Unabated.com[28:56] Skills test at the final table[31:39] Estimating the number of cards in the discard rack[34:46] Cutting a card to the dealer[37:08] Hole card strategy[40:08] Memorization of cards, counting down a deck[45:4

Our guests this week are Jim Pasko, and his son Dan. Jim has been one of the best backgammon players in the world for 40 years, and together with his son Dan they have been very successful as sports bettors, primarily focused on prop bets. 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 gamblers, Jim and Dan Pasko[00:35] Does Jim still play backgammon?[03:17] Studying backgammon before bots, taking risk[09:33] Cheating stories from The Cavendish, scams, magnetic dice[17:06] Sport betting[19:36] Jim and Dan's background in math[23:29] Betting football and nba props, increasing market efficiency[26:37] Solving problems for other bettors, combinatorics[29:12] Erosion of edges as markets change and evolve[32:42] SouthPointCasino.com[33:36] BlackjackApprenticeship.com[34:20] VideoPoker.com/gwae[35:22] Unabated.com[35:58] How to contact Jim and Dan [37

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 Las Vegas Advisor and Huntington Press[00:35] Remembering Cat Hulbert[01:51] James Grosjean's books[07:16] Upcoming books from The Huntington Press[09:28] Football contests[12:48] Errant line at MGM[17:49] Football parties in Las Vegas[22:52] http://SouthPointCasino.com[23:36] http://BlackjackApprenticeship.com[24:05] http://VideoPoker.com/gwae[25:44] http://Unabated.com[26:22] Station Casino property demolitions[32:35] Casino Del Sol offering unique football lines[37:03] W2-G on video roulette[44:12] Legends Bay in Sparks[48:05] Blackjack in California[50:15] Recommended: T-Mobile internet, The Outfit, "Sharks" by Imagine DragonsSponsored Links:ht

This is another throw back episode, this one from 2015. Our guest this week is 7 time WSOP bracelet winner Billy Baxter. Billy is one of the old time players kicking around Vegas for almost 50 years. We talk poker, sports betting, golf, pool hustling, a little bit of everything.

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[00:54] MegaBucks[03:07] Can fans show support for GWAE by donating to charity?[04:10] Progressive slots, earning EV[12:07] DB versus DBB video poker[16:46] Books for aspiring card counters[18:19] Networking with other APs[19:56] Vulturing video poker[24:57] Playing blackjack for comps[29:27] Video poker line questions[31:33] Do video poker players get banned?[33:28] Playing as a recreational player in Reno[35:35] Risk of ruin in 9/6 Jacks or Better $125 hands with $100k bankroll[37:17] http://SouthPointCasino.com[38:02] http://BlackjackApprenticeship.com[38:31] http://VideoPoker.com/gwae[39:22] http://Unabated.com[40:05] Returning to a casino after being trespassed[41:39] Using a bearded account for sports betting[44:52] Traveling for sp

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

Our guest this week is Rob Pizzola. Rob is a professional sports bettor, and one of the owners of Betstamp, http://betstamp.com. He also has a podcast called, Circles Off.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, Rob Pizzola[00:33] Rob's background in advantage play[03:18] Transitioning out of radio[04:43] Betting sports, tracking results[09:19] Gambling losses while in a relationship[11:56] Graduating from paper trading, originating bets[17:17] Betting hockey and football[19:50] Vig-free bets and counterparty risk[26:16] https://SouthPointCasino.com[27:00] https://BlackjackApprenticeship.com[27:31] https://VideoPoker.com/gwae[28:55] https://Unabated.com[29:45] BetStamp app[35:46] Player advocacy via BetStamp[37:59] Does BetStamp sell picks?[40:28] The social media aspects and uses of BetStamp[42:29] Sorting and tracking be

This is our throwback episode with sports bettor Alan Denkenson, aka Dink. Dink was a character in Beth Raymer's book, Lay the Favorite, https://amzn.to/3Rgz1yQ and was portrayed by Bruce Willis in the movie made from the book. We talk to Dink about his specialty - hockey betting. Dink passed away on Aug 31st. He was one of the nice guys of this industry, and well known for decades. He will be missed.

Our guest this week is Captain Jack Andrews here to talk about the new football season, and what is new at http://unabated.com.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 Captain Jack, co-founder of Unabated.com[00:53] Proliferation of sports betting in the USA, California propositions[06:18] NFL rule changes[07:02] Wong teasers[09:42] Advice for new sports bettors[14:36] The colors at Unabated.com[15:26] Release shows[17:39] NFL market efficiency[21:31] Bonus money at sportsbooks[22:50] Captain Jack's football betting[26:03] Tom Brady's value[27:16] Does Captain Jack watch NFL football?[28:11] How does Rufus spend his time during football season?[29:21] NFL vs College football betting[32:02] http://SouthPointCasino.com[33:14] http://BlackjackApprenticeship.com[33:43] http://VideoPoker.com/gwae[35:17] Changes at Unabated.com, promo code: e

This is another throwback episode; this one from April of 2013. The guest is Mark Billings, author of The Ultimate Edge. https://amzn.to/3pLlCSX The book talks about blackjack in the 1980s.

Our guest this week is legendary bridge player Bob Hamman. Bob also runs a company called SCA that basically insures large unlikely events. One example would be the Pepsi promotion where someone could win a billion dollars.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 bridge player and businessman, Bob Hamman[00:30] Bob's background in bridge[01:43] The Italian Blue Team[03:42] Bobby Wolff[04:16] What other games did Bob play?[05:27] Playing in major tournaments with various partners[06:54] Maintaining skill and alertness at an advanced age[08:15] Getting paid to play as a partner[09:10] The Dallas Aces[12:09] Does Bob still study bridge, review hands?[12:43] Online bridge, cheating[14:28] http://SouthPointCasino.com[15:56] http://BlackjackApprenticeship.com[16:26] http://VideoPoker.com/gwae[18:24] SCA, a company that insures unique promotions[21

Our guests this week are Tommy Hyland, and John Chang, on to talk about blackjack teams. Tommy runs the Hyland team, one of the longest running and most successful teams of all time. You can read about him in Gambling Wizards. (Shameless plug) John ran the MIT team and you can read more about him in my interview here. https://www.lasvegasadvisor.com/gambling-with-an-edge/interview-with-johnny-c/