Gambling With an Edge - guest Jason Pipkin

Our guest this week is  Jason Pipkin. Jason is a neuroscientist who gambles semi-professionally on elections at predictit.org.  

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.

podcast
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Show Notes

[00:00]  Introduction of Jason Pipkin, frequent bettor at Predictit.org

[00:58]  How did Jason get started on Predictit.org?

[02:48]  Jason's background and predictingpolitics.com

[04:30]  Commissions and contract limits

[10:26]  Biden and Trump double max contract example

[12:35]  Liquidity and market efficiency

[14:35]  Can personal political biases affect profitability?

[16:04]  Arbitrage

[17:38]  Trading frequency

[18:45]  Volatility

[20:16]  Holding periods and exit strategy

[21:28]  Black swan betting

[23:08]  2016 Presidential election market strategies

[24:42]  FiveThirtyEight.com

[25:48]  Computer analysis and modeling

[26:59]  Predictit.org market forums

[28:40]  What percentage of bettors in political markets are profitable?

[31:24]  Straddles

[32:47]  Determinants of volatility

[36:12]  Foreign elections

[38:30]  South Point Casino September Promotions - $500,000 Guaranteed Money Madness

[39:22]  Predictit.org/promo/edge -  place small bets on various political events

[39:55]  BlackjackApprenticeship.com - card counting training site and community

[40:25]  VideoPoker.com/gwae - Gold Membership offers corrections on most games

[41:47]  Market suggestions

[43:20]  Similarities to options trading

[45:24]  Holding contracts until expiry

[48:39]  How can listeners contact Jason?

[49:10]  Discussing gambling in personal relationships

[50:28]  Recommended - MyNoise.net

Sponsored Links:

SouthPointCasino.com

Predictit.org/promo/edge

BlackjackApprenticeship.com

VideoPoker.com/gwae

Jason's Links:

PredictingPolitics.com

Twitter.com/jipkin

Recommended:

MyNoise.net

.

Gambling With an Edge - guest Jimmy Jazz 9/17/20

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, or you can find me at @RWM21 on Twitter.

podcast
Click to listen - Alt click to download

Show Notes

[00:00]  Introduction of low rolling advantage player and credit card points guru, Jimmy Jazz

[00:48]  Why did Jimmy recently travel to Las Vegas?

[02:37]  A recent Four Queens offer

[08:10]  Additional changes at Four Queens, Covid-19 observations

[16:10]  Dinner at Hugo's

[18:10]  Nevada's contact tracing app

[21:40]  The D

[23:04]  The El Cortez

[26:46]  The Flamingo

[30:20]  Emerald Island

[32:48]  Have any casinos gone non-smoking?

[33:35]  More info on Emerald Island

[36:10]  South Point Casino September Promotions: $50,000 Money Madness

[37:22]  Predictit.org/promo/edge - place small bets on various political outcomes, $20 deposit match for GWAE listeners

[38:18]  BlackjackApprenticeship.com - card counting training site and community

[39:06]  VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[40:22]  Circa football promotion

[43:32]  Other Vegas musings

[50:30]  Credit card deals

[52:26]  Recommended:  Alaska Bear sleep mask, spending spare coins, and coin redemption promos, Beneath the Neon by Matthew O'Brien, MyVegas

Sponsored Links:

SouthPointCasino.com

Predictit.org/promo/edge

BlackjackApprenticeship.com

VideoPoker.com/gwae

Links Referenced:

lasvegasadvisor.com/gambling-with-an-edge/author/jimmy-jazz

nvhealthresponse.nv.gov/covidtrace

Recommended

The Alaska Bear sleep mask https://amzn.to/2ZNw8fX

Beneath the Neon by Matthew O'Brien https://amzn.to/2RBKlbm

Facebook.com/myvegas

Previous Episodes with Jimmy Jazz:

lasvegasadvisor.com/gambling-with-an-edge/gambling-with-edge-guest-jimmy-jazz-on/

lasvegasadvisor.com/gambling-with-an-edge/gambling-with-edge-guest-jimmy-jazz-2/

lasvegasadvisor.com/gambling-with-an-edge/gambling-with-an-edge-guest-jimmy-jazz-3/

lasvegasadvisor.com/gambling-with-an-edge/gambling-with-an-edge-guest-jimmy-jazz/

lasvegasadvisor.com/gambling-with-an-edge/gambling-edge-guest-jimmy-jazz-5/

lasvegasadvisor.com/gambling-with-an-edge/gambling-edge-guest-jimmy-jazz-6/

 

Gambling With an Edge - guest Peter Alson

Our guest this week is author Peter Alson.  Peter joins us to talk about his new book, "The Only Way To Play It."

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.

podcast
Click to listen - Alt click to download

[00:00] Introduction of Peter Alson, author of The Only Way to Play It
[00:34] Peter's gambling background
[05:25] Playing at The Mayfair Club
[07:37] The New York poker scene
[12:54] The art world
[15:48] Are Peter's characters based on actual people?
[21:30] Family problems and gambling
[27:38] South Point Casino September Promotions - $500k Money Madness casino-wide progressives
[28:22] Predictit.org/promo/edge - place small bets on various political events, $20 deposit match for GWAE listeners

[29:42] VideoPoker.com/gwae - Gold Membership offers correction on most games

[30:38] The Russian mob
[34:10] Downswings and variance
[37:23] Choosing a title for The Only Way to Play It
[39:20] Deke Castleman
[42:26] Does writing difficult scenes affect Peter's life at home?
[43:30] How to buy The Only Way to Play It
[45:29] One of Kind by Nolan Dolla
[47:32] Recommended - Hotels Tonight app, The Blech Effect documentary

Sponsored Links:
SouthPointCasino.com
Predictit.org/promo/edge
VideoPoker.com/gwae

Guest Links:
PeterAlson.com

Books Referenced:
The Only Way to Play It by Peter Alson https://amzn.to/3k7Tk02
Confessions of an Ivy League Bookie by Peter Alson https://amzn.to/3k62N8o
One of a Kind by Nolan Dolla https://amzn.to/2RcFn4L

Episodes Referenced:
LasVegasAdvisor.com/gambling-with-an-edge/gambling-with-edge-guest-nolan-dalla-2

Recommended:
Hotels Tonight app
The Blech Effect, imdb.com/title/tt8030814

Gambling With an Edge - listener emails 9/3/20

 No guest this week as Bob and I once again dip into the 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.

podcast

Click to listen - Alt click to download

Show Notes

[00:00] Introduction
[00:56] Is online advantage play becoming more or less valuable?
[03:22] Are large jackpots paid in Bitcoin taxable?
[05:15] 9/5 Triple Bonus Poker Plus
[07:20] A listener thanks GWAE the education and entertainment
[09:21] Jackpot promotion question
[13:53] Graveyard shift etymology
[15:12] Video poker pay table calculations
[17:32] Scouting tips
[18:38] Earning tier credits at Caesar's properties
[22:34] Super Times Pay and Magic Deal frequencies
[25:01] Blackjack bet sizing, chip management, and CTRs
[27:29] Playing blackjack through heat while unrated
[29:56] Royal flush frequency
[31:24] $1 DDB calculations
[33:25] South Point Casino September Promotions - $500,000 Guaranteed Money Madness
[35:37] Predictit.org/promo/edge - place small bets on political events, $20 deposit match for GWAE listeners

[36:15] BlackjackApprenticeship.com - blackjack training site and card counting community
[36:45] VideoPoker.com/gwae - Gold Membership offers correction on most games

[37:52] Surveillance is monitoring masks
[39:37] Ways to get a new player's card
[43:34] Trips gone wrong
[49:58] Recommended - 99 Second Storytelling competition, Risk of Ruin podcast


Books Referenced:

Comp City by Max Rubin https://amzn.to/34YObTS

Sponsored Links:
SouthPointCasino.com
Predictit.org/promo/edge
VideoPoker.com/gwae
BlackjackApprenticeship.com 

Recommended:
Storytelling Competition https://www.facebook.com/events/325624952211013
Risk of Ruin Podcasts.apple.com/us/podcast/risk-of-ruin/id1527018692