163 episodes

Professional gamblers Bob Dancer and Richard Munchkin host Gambling With an Edge which aims to make you a better gambler tomorrow than you were yesterday.

Gambling With an Edge Bob Dancer & Richard Munchkin

    • Leisure
    • 4.6 • 7 Ratings

Professional gamblers Bob Dancer and Richard Munchkin host Gambling With an Edge which aims to make you a better gambler tomorrow than you were yesterday.

    Mail Bag 02/02/2023

    Mail Bag 02/02/2023

    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
    [00:34] Higher level counts
    [02:33] Hole-carding internationally
    [04:07] Accidentally playing someone else's slot machine mid-bonus
    [08:25] Counting cards on a cruise ship
    [10:20] Longevity research, doctors, diets, and intermittent fasting
    [14:51] Making donations to The Blackjack Hall of Fame's charitable arm
    [16:11] When and why to withdraw money from a bankroll?
    [23:46] Bubble craps
    [28:36] Commercials
    [30:34] Playing as an AP in the UK, ID, slots, tables, counting cards, regulations
    [37:48] 9/6 DDB with auto-hold
    [39;58] What happened to Wilma0's money?
    [42:09] Selling the rights to Sex, Lies, and Video Poker
    [43:12] Tipping
    [43:56] Misplaced and stolen cash stories
    [48:21] Richard's brother's gambling
    [49:28] Recommended: The Good Detective on Netflix, Innovative Remodeling LV, LLC

    Sponsored Links:
    http://BlackjackApprenticeship.com
    http://VideoPoker.com/gwae
    http://Unabated.com

    Recommended:
    http://Netflix.com/title/81323914
    Innovative Remodeling LV, LLC

    • 52 min
    Kelly Sun Throwback episode

    Kelly Sun Throwback episode

    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

    • 58 min
    Anthony Curtis 1/19/2023

    Anthony Curtis 1/19/2023

    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

    • 57 min
    Pro Slot Player CS

    Pro Slot Player CS

    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

    • 54 min
    Mail Bag 1/5/2023

    Mail Bag 1/5/2023

    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

    • 44 min
    Alex Kane of Sport Trade

    Alex Kane of Sport Trade

    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

    • 57 min

Customer Reviews

4.6 out of 5
7 Ratings

7 Ratings

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