Gambling With an Edge

Elizabeth Reichelt seems to choose the riskiest professions. I don't mean dangerous, I mean the chance of success is tiny, but the payoff can be huge. She went from dancer, to stand up comic, to television writer.

Show Notes
[00:00]  Introduction of Elizabeth Reichelt
[00:38]  High risk and high reward professions
[03:09]  Identity crises
[06:10]  Moving to Los Angeles
[08:25]  Passion for social work
[11:06]  Playwriting
[16:53]  Improv, writing sketches, and stand up comedy
[21:46]  Assistant writer for Inventing Anna
[21:24]  Becoming a writer
[26:47]  Research on Bridgerton
[27:56]  Cowriting an episode
[30:32]  AI effects on writers
[31:32]  Writing for networks versus streaming services
[34:23]  Working while on hiatus, networking, and agents
[39:34]  How can listeners contact Elizabeth?
[40:06]  Advice for aspiring writers
[40:44]  Favorite restaurant in Las Vegas that is not in a casino

Links:
http://Instagram.com/lizreichelt
http://Mobettahs.com
http://Doublezeropie.com

Life is a Gamble explores those times in life where someone must take a big risk, or when life deals you an unexpected hand. How do we decide how much risk is worth it?

Life is a Gamble explores those times in life where someone must take a big risk, or when life deals you an unexpected hand. How do we decide how much risk is worth it?

Our guest today is Jake Jacobs, on to talk about his new book, "Have Bets Will Travel." The book is an autobiography focused on his 40+ years as a professional gambler.

Show Notes

[00:00] Introduction of Jake Jacobs, author of Have Bets, Will Travel
[00:53] How did Jake start gambling? 
[05:02] Writing about gambling adjacent experiences
[07:56] Deciding on the title of Have Bets, Will Travel 
[09:29] Jake's gambling post-1992 and horseracing stories
[14:02] Legally using computers in Atlantic City 
[17:53] Playing a blackjack memory game with Bill Benter
[31:05] Taking a lie detector tie after theft allegations 
[38:52] Tropicana boss asks Jake if he is a card counter
[42:55] Wearing disguises
[44:09] A Korean bar girl goes to the wrong room 
[47:05] Favorite restaurant in Las Vegas that is not in a casino?

Links:
Get the book - https://amzn.to/4otrFct 
http://Lasvegasadvisor.com/gambling-with-an-edge
http://Lotusofsiamlv.com

Our guests today are Ben Rosenthal, author of the new book, "Breaking The Slot Code," and Anthony Curtis, the publisher of the book, and the new website slotslayers.com. The book, and the site teach players how to actually get an edge at some slot machines.

Show Notes

00:00]  Slotslayers.com and contact info
[00:42]  Introduction of Ben Rosenthal, author of Breaking the Slot Code
[01:22]  When did Ben start gambling?
[02:09]  Why did Ben decide to share advantage slot information?
[04:37]  How is Ben’s slot content different than other advantage slot sites?
[06:24]  Slotslayers.com pricing
[08:16]  Analyzing new games
[09:30]  Will the casinos overreact to slot hustlers?
[13:14]  Recreational players learning about persistence slots
[14:56]  Why slot pros are good for casinos on The Strip
[20:03]  Is Ben concerned about being identified by casinos?
[17:07]  Slot hustling full time or as a side gig
[23:15]  Dealing with machine squatters
[24:53]  Casinos’ slot hustling countermeasures in Las Vegas
[26:10]  Casinos resetting banked meters
[31:31]  Gaming rules for bubble roulette
[32:35]  James Grosjean’s new book, The Ultimate Report:  Lockdowm Edition
[34:59]  Favorite Las Vegas restaurant not in a casino

Links:
Breaking the Slot Code - https://amzn.to/4vt4v8e
LasVegasAdvisor.com
Slotslayers.com
x.com/RWM21
Reddwarflv.com
Scoundrelspubii.com
Madmattys.com

Today our guest is Dan Abrams.  He's on to talk about his new book, "Sharp Money". The book is about poker, sports betting, and investing.

Show Notes

[00:00]  introduction of Dan Abrams, sports bettor, poker player, and author of Sharp Money
[00:34]  Dan’s start in poker
[01:35]  Studying Razz 
[05:58]  Razz coaching and educational teaching videos
[09:38]  Poker players famously losing money betting sports
[11:01]  Rationale for over-betting your bankroll
[15:49]  Increasing expected growth vs increasing expected value
[22:44]  Hedging and arbitrage in financial markets
[27:40]  Root unit staking system
[35:05]  How do sports bettors know when they have an advantage?
[36:46]  Indications of edge in financial markets
[39:42]  Calculating edge ex-ante, bottom-up vs top-down betting
[44:15]  Will Dan play in the WSOP?
[44:42]  Sharp Money’s intended audience

Links:
GamblingWithAnEdge.com
x.com/DoctorRazzWSOP

Books Referenced:
Sharp Money by Dan Abrams - https://amzn.to/4uyZTgX
But How Much Did You Lose?  by Dan Abrams - https://amzn.to/43ktdvw
Sklanksy on Poker by David Sklanksy - https://amzn.to/4uYanpT

My guest today is Andrew Wimhurst, author of the new book, "Thieving Bastards True Confessions of the World’s Greatest Cheats."  

Show Notes
[00:00]  Introduction of Andrew Wimhurst, author of Thieving Bastards: True Confessions of the World’s Greatest Cheats
[00:57]  Thirty years of book planning, interviews, and similar books
[07:32]  Transcribing and editing interviews
[11:42]  Changes in the cheating landscape
[13:33]  Cheating in poker, the NBA poker scandal, and the x-ray table
[17:44]  Andrew’s ideas  sequels or future  books about cheating 
[19:38]  The card mechanic “Bobby Machines”
[23:48]  Cheats who get out of the lifestyle 
[28:46]  Road hustlers from the 1940s to 1970s
[33:55]  Running Razzle at a casino in Cuba
[38:47]  Financial reporting laws and the digital trail for modern cheats
[40:17]  Cheaters problems with discipline and greed
[41:42]  Andrew’s background in magic, card mechanics, and dice moves
[45:53]  Andrew’s contact info

Andrew's Links;
thecolddeckcompany.com
instagram.com/thecolddeckcompany

Books Referenced;
Thieving Bastards: by Andrew Wimhurst - https://amzn.to/4dS2s8x
Gambling Wizards by Richard Munchkin - https://amzn.to/4tLX7nB
Road Hustler by Robert C. Prus - out of print
Gambling Scams by Darwin Ortiz - https://amzn.to/4cchtkk
Havana Nocturne by T.J. English - https://amzn.to/4cfsy2w