Gambling With an Edge

Bob Dancer & Richard Munchkin
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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. Gambling With an Edge - All About Sports Betting

    23. FEB.

    Gambling With an Edge - All About Sports Betting

    We have 3 guests today. Blair Rodman, Anthony Curtis, and Frank B. They are coauthors of the new book All About Sports Betting. Show Notes [00:00]  Introduction of Blair Rodman, Anthony Curtis, and Frank B., authors of All About Sports Betting:  The Definitive Guide [00:42]  What makes this book so unique? [01:55]  The genesis of All About Sports Betting [05:59]  Prop bets, parlays, same game parlays, and teasers [10:27]  QR codes within the book that link to additional information [13:17]  Violence in Puerto Vallarta [15:37}  Touts [18:33]  Bottom up, top down, and modeling [24:05]  Evolution of sports betting markets, future editions of the book [25:24]  Prediction markets [29:39]  Betting splits and other useless statistics [31:49]  Understanding variance and related behavioral biases [38:42]  Offshore sportsbooks, betting on credit, posting up, and settling up [43:33]  Optimal use of bonus bets at Caesars Links: All About Sports Betting - https://amzn.to/4kP8FU1 X.com/capjack2000 Unabated.com

    47 Min.
  2. Chuck's Luck

    28. JAN.

    Chuck's Luck

    Charlie is a sports bettor, slot player, and influencer. Charlie got scammed while making bets at a DraftKings kiosk at the Golden Nugget in Biloxi. It's a crazy story, not just the scam, but the way the casino, and Gaming Enforcement reacted. Show Notes [00:00]  Introduction of advantage player Chuck’s Lucks [00:40]  How did Chuck become an AP? [04:14]  Chuck’s second trip to Vegas and a $2500/spin slot [07:16]  Accounting for the W2Gs [08:45]  Getting scammed while betting sports in Mississippi [22:55]  YouTube influencers, deals, permission to record [28:59]  Plaza’s social media room and livestream [31:32]  Leverage as an influencer for deals, rebates, offsets, etc [32:48]  Filming AP slots, disguising entry points [35:00]  Editing videos and efficient use of content  [37:05]  Selling influencer merchandise [37:30]  ChucksLuck and LeapingLizards channels [37:59]  Large jackpot payments and security concerns [40:27]  Favorite restaurant in Las Vegas that is not in a casino? Related Links: Lasvegasadvisor.com/gambling-with-an-edge/ Youtube.com/@LeapingLizardSlots Youtube.com/@ChucksLuck777 Tacoselgordobc.com

    41 Min.
  3. Art Manteris

    20. JAN.

    Art Manteris

    This week we talked with long-time Vegas bookmaker Art Manteris.  We discussed his new book, "The Bookie." Show Notes [00:00]  Introduction of Art Manteris, author of The Bookie [00:47]  Bookmakers from Western Pennsylvania [01:47]  Legendary bookmaker Uncle Jack Franzi [05:21]  Working at the mob-controlled Stardust [08:27]  Why did Art move to Las Vegas? [09:46]  Billy Walters stories [11:57]  PASPA, using computers across sportsbooks and racetracks [15:18]  Art's concerns about the expansion of gambling [17:00]  Frank Rosenthal at the Stardust [18:18]  Tony Spilatro [20:26]  Meeting Ron Sacco and sportsbooks in the Caribbean  [23:56]  Pinnacle [25:58]  Sports betting in Nevada, climate and regulations [29:53]  Will "Refrigerator" Perry touchdown prop [31:40]  Negotiating huge prize fights in Vegas with Don King and Bob Arum [34:13]  Building the sportsbook at the Hilton [35:27]  Did Art sweat big positions and games? [37:04]  Setting open lines [39:13]  Being the first to post Super Bowl props [40:44]  Prop betting on college sports [43:17]  Circa sports book [44:26]  Parlays [46:58]  Using analytics to analyze payouts on parlays, teaser, and contests [48:36]  Did any bosses or owners want to take positions on games? [52:23]  Favorite restaurant in Las Vegas that is not in a casino? [53:56]  Can listeners contact Art on social media? Get Art's book, "The Bookie" https://amzn.to/45nzCYp

    55 Min.
  4. Gary Kondler on taxes for gamblers

    25.12.2025

    Gary Kondler on taxes for gamblers

    Bob and Richard sit down with Gary Kondler to talk about taxes for gamblers after the big beautiful bill.  It may not be as bad for some of us as we all thought. Spoiler alert - but some gamblers are just screwed. Show Notes [00:00]  Introduction of gambling tax expert Gary Kondler from Kondler & Associates [01:36]  W2Gs under the new tax law [05:24]  Reconciling W2s with session win/loss [09:43]  An example of casino gambling profit and discussion of similar case law [18:04]  Sports betting example [20:46]  Could a day of betting across different sportsbooks be considered a single session? [24:28]  Arbitrage bettors versus poker players  [27:06]  What type of gambler would benefit from creating an S corp [30:00]  Casino generated win/loss statements [31:54]  Should clients file on time or file an extension? [37:49]  IRS layoffs  [40:57]  How can listeners contact Gary? [42:45]  Brian Camp’s legal opinion [44:55]  Kalshi and other predictive markets [47:48]  Professional versus non-professional gambler [51:34]  Does filing with losses affect the professional gambler classification? Links: Kondlercpa.com https://www.taxnotes.com/special-reports/gains-and-losses/taxation-gambling-after-obbba/2025/08/14/7sxhn

    55 Min.
  5. Life is a Gamble - Norm Beck

    22.12.2025

    Life is a Gamble - Norm Beck

    Today I speak with Norm Beck, a professional bridge player, magician, and friend about a bet he won, that turned out to be a big loser. Show Notes [00:00] Introduction of Norm Beck, bridge player and magician [00:37]  Norm’s biggest gamble [06:40]  Clever pre-surgery research strategy [13:07]  Hiring another doctor to translate information to family [14:49]  Getting into the gambling business [20:30]  Booking action on random events [23:28]  A billion dollar bet [31:23]  $500k bet on changing a tire  [33:45]  “Win Your Line of Credit” blackjack tournament [41:21]  How to contact the show

    42 Min.
  6. Life is a Gamble - Cowboy Buzz

    07.12.2025

    Life is a Gamble - Cowboy Buzz

    Buzz Marconi moved to Las Vegas in the 1960s, and somehow transformed from an Italian kid from the south side of Chicago into Cowboy Buzz. It's a wild story.  Check it out. Show Notes [00:00]  Introduction on of Cowboy Buzz [02:07]  Moving to Las Vegas, working at The Stardust [20:53]  Brilliant mob casino strategies [23;10]  Tony Spilotro and Frank "Lefty" Rosenthal [27:19]  Becoming a shift boss Foxy's Firehouse [29:28]  Did certain dealers cheat players? [31:06]  A wild craps swing on credit and Milton Jaffe [35:20]  Milton Jaffe magic trick [37:06]  Opening a restaurant in Las Vegas [41:09]  Stories about dealers, cheating, and work ethic [46:59]  Cowboy Buzz's juice is revealed [48:51]  Naked women tanning at The Tropicana pool [55:53]  Becoming "Cowboy Buzz" [1:02:07]  Playing rugby age 73 [1:04:51]  Meeting Max Rubin [1:09:05]  The first Blackjack Ball [1:10:30]  Being a clown diver at Caesars Palace

    1 Std. 15 Min.
  7. Blackjack Ball 2025

    07.11.2025

    Blackjack Ball 2025

    Bob is off playing the secret game, so I get together with Max Rubin, and Colin Jones to discuss the 2025 Blackjack Ball. Show Notes [00:00] Introduction of Max Rubin and Colin Jones to discuss The Blackjack Ball [00:45] Colin’s induction into The Blackjack Hall of Fame [01:26] Changes to voting for The Hall of Fame and BJ Traveler discussion [06:55] Costume party and best costume [13:20] Ed Thorp [14:49] UCLA Gambling Studies Program [20:13] Card counting competition [24:49] Quiz and final table games (cutting and sequencing)  [36:03] Evolution of The Blackjack Ball [40:23] Other highlights from this year’s Blackjack Ball  Links: Interview with BJ Traveller https://youtu.be/mnQmlrxApcE UCLA Gambling Studies Program https://uclagamblingprogram.org

    48 Min.
  8. Life is a Gamble - Jon Rogers of Carib Sports

    22.09.2025

    Life is a Gamble - Jon Rogers of Carib Sports

    Jon Rogers was an old-school bookie.  He started booking baseball with his classmates in 6th grade, graduated to parlay cards in high school, and went pro after high school.  He lived, and booked through a seismic change in the bookmaking industry.  He went from the old days of taking bets over the phone, writing on slips of paper, to moving offshore, and the rise of internet betting. Show Notes [00:00]  Introduction of bookmaker Jon Rogers of Carib Sports [00:59]  Jon’s childhood and early gambling experiences [03:52]  Booking parlays in high school and lottery numbers [08:46]  State lotteries broadcast drawings [11:11]  Kickbacks and paying for protection [13:06]  Super Bowl 1990 FBI raid [16:52]  Charges, recordings, taxes, and going to Vegas [21:37]  Antigua tax laws, bookmaking on paper, then with software [29:28]  1990 case ends [32:32]  Continuing operations in Antigua, accepting credit cards, betting volume, and margins. [35:02]  2003 raid, The Patriot Act [46:42]  The SAFE Port Act and closing down [48:44]  Life after bookmaking, settling the case, and living happily ever after

    55 Min.
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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.

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  • Erstellt von
    Bob Dancer & Richard Munchkin
  • Jahre aktiv
    2011 - 2026
  • Folgen
    214
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    Unbedenklich
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