Richard W. Munchkin

http://Lasvegasadvisor.com/gambling-with-an-edge/podcast-guest-max-coins/

Previous GWAE Episodes Referenced:

http://Lasvegasadvisor.com/gambling-with-an-edge/podcast-kim-hultman/

Thursday, December 16, 2021

Gambling With an Edge - guest author Marton Magyar

Our guest this week is author Marton Magyar. Marton's new book is "The 50 Greatest Stories in Poker History."

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 Marton Magyar, author of The 50 Greatest Stories in Poker History

[00:42] Marton's ethnic background

[01:41] Marton's poker experience

[04:27] What poker sites does Marton write for?

[06:34] Chronicling the poker stories in The 50 Greatest Stories in Poker History

[10:56] Research for The 50 Greatest Stories in Poker History

[13:43] Johnny Moss and Nick The Greek

[20:07] Marton's favorite stories

[23:31] What stories just missed making the book?

[29:16] South Point Casino December promotions - City Lights Shine promotion, half-price when paying with points

[30:15] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[30:56] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[32:44] Is Marton planning another book?

[36:09] Movies with poker scenes

[38:50] Contact Marton at Twitter.com/mmagyarpoker

[39:39] Recommended: The Professor, The Banker, and The Suicide King by Michael Craig, The Vig by Les Croart, The Vig by Peter Alson

[44:55] Playing 100-play video poker for $1/spin

[46:45] Blackjack on cruise ships

[47:43] Over-saturation in slot hustling

[51:58] Variance in video poker

[54:50] Dating a casino employee

[56:34] Designing a new video poker game

[58:10] Why is KO an looked down on as an inferior count?

Thursday, December 9, 2021

Gambling With an Edge - Mail Bag 12/09/2021

No guest this week as we 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.

Show Notes

[00:00] Introduction

[00:59] Joe from Million Dollar Video Poker by Bob Dancer

[03:42] What does "guy from Peoria" mean in Gambling Wizards by Richard Munchkin

[04:17] Should a UX vulture use a player's card?

[05:52] Canceled Morongo promotion

[11:05] Mlife program changes

[13:32] Fred Rezny

[14:58] Being dealt a royal on video poker

[16:56] How do advantage players budget for living expenses?

[20:41] Dealt a 9,10,J,Q,K straight flush

[22:27] Las Vegas Advisor Top Ten Values

[24:59] Playing UX on fewer lines

[26:25] Live betting tennis matches with in-person help

[28:22] $600 IRS reporting limit proposal

[29:58] Investments after advantage play

[35:01] South Point Casino December promotions - City Lights Shine promotion, half-price when paying with points

[35:57] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[36:38] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[37:52] Jacks or Better Double Up feature

[40:39] Dating as an AP

[46:40] Playing Triple Double Bonus and Jack or Better

[49:39] Software for blackjack hole card strategy

[51:31] Doubling soft hands

[56:40] Investing in a blackjack team

[58:17] Recommended: Money: Master the Game by Tony Robbins, The Day of the Jackal by Frederick Forsyth

Sponsored Links:

Recommended:

Money: Master the Game by Tony Robbins https://amzn.to/3ECYsEl

The Day of the Jackal by Frederick Forsyth https://amzn.to/3dy8ZVj

Thursday, December 2, 2021

Gambling With an Edge - guest Steven Bridges

Our guest this week is magician, and card counter Steven Bridges. In 2018 Steven was a street magician in London. He decided to learn to count cards, and document his journey in a YouTube series.

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 blackjack player, Steven Bridges

[00:44] Being "unintentionally retired"

[01:51] Stephen's YouTube channel

[03:33] Colin Jones

[04:36] Content creation, filming, and related considerations

[13:07] An instant bankroll

[16:36] What was the plan before the bankroll appeared?

[17:58] Blackjack Bootcamp

[19:07] Managing the logistics of cash

[21:52] Early play, bet sizes, and swings

[24:21] Filming the early sessions and field tests

[26:39] Playing in Washington

[29:31] South Point Casino December promotions - 50% off almost everything, City Shine moonshine giveaway

[30:59] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[31:39] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[32:57] Statistics from the first month in Washington

[35:10] U.S. blackjack versus European blackjack

[40:36] Returning to the U.S.

[49:21] Bad back-offs

[52:00] How to find Steven on Youtube

[53:00] Recommended: Dead Irish by John Lescroart, Anki app

Sponsored Links:

http://Youtube.com/stevenbridges

Guest Links:

Recommended:

Dead Irish by John Lescroart https://amzn.to/3of8xkR

Build your own flashcards http://Apps.ankiweb.net

Thursday, November 25, 2021

Gambling With an Edge - guest Mike Shackleford aka The Wizard of Odds

Our guest this week is Mike Shackleford, aka The Wizard of Odds. We talk to Mike about what he had been up to lately, as well as his book Gambling 102.

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 Michael Shackleford, the Wizard of Odds

[00:48] Gambling 102

[03:27] Wizard of Odds newsletter and James Bond movies

[09:25] Punto Banco

[14:11] James Bond/s other gambling games

[19:56] Sal Piacente and cheating scenes in other movies

[20:32] Which James Bond was the best gambler?

[23:30] The Card Counter

[24:21] South Point Casino November promotions - earn up to ten half-priced Walmart gift cards, $32k Thanksgiving Day hot seat promotion

[26:02] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[26:35] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[27:45] Double Up promotion

[31:45] How often does Michael gamble these days?

[32:21] Michael's relationship with WizardofOdds.com and WizardofVegas.com

[34:44] Magic trick and magicians

[45:03] Michael's other interests

[46:02] Recommended: Wonderground by Jeff McBride, Harlem Shuffle by Colson Whitehead, Mind Games at The Strat

Sponsored Links:

http://Twitter.com/wizard0fodds

Guest Links:

http://WizardofOdds.com

http://WizardofVegas.com

Books Referenced:

Scarne's Complete Guide to Gambling by John Scarne https://amzn.to/3FKPHrP

Other Things Referenced:

http://Youtube.com/watch?v=ki4Fbctwnjs

http://Mirage.mgmresorts.com/en/entertainment/shin-lim.html

http://Mackingshow.com

Recommended:

http://Vegaswonderground.com

http://Thestrat.com/entertainment/featured/banachek-the-mind-s

Harlem Shuffle by Colson Whitehead https://amzn.to/30Ubfnk

Mind Games at the Strat

Thursday, November 18, 2021

Gambling With an Edge - Mail Bag 11/18/2021

No guest this week as we 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.

Show Notes

[00:00] Introduction

[01:05] Maximizing a 99.8% Jacks or Better game

[03;39] Winning too many casino drawings

[08:09] Assuming there is an edge at a double deck game without counting

[09:26] 86'd from The Cosmopolitan

[11:11] Rating carnival games

[13:07] Monitoring game play and edge and video poker

[15:37] Sportsbook sign-up bonus strategy

[25:10] Inside the Edge star on GWAE

[26:35] South Point Casino November promotions - earn up to ten half-priced Walmart gift cards, $32k Thanksgiving Day hot seat promotion

[27;27] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[28:06] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[29:46] Casino surveillance systems

[30:46] Best two video poker games to learn in this environment

[33:04] Edges in carnival games

[35:53] Is there any advantage to playing a higher denomination pay table at video poker?

[40:04] James Grosjean's blog at GWAE

[41:10] Hot streaks at video poker

[43:42] Continuing to play at video poker after being over-royaled

[48:51] Video Poker Hall of Fame

[52;51] Recommended: Three Song Thursday by Darryl Purpose, The Cellist by Daniel Silva

Sponsored Links:

http://Lasvegasadvisor.com/gambling-with-an-edge/how-do-you-do-this

Links Referenced:

http://Blackjackforumonline.com/content/beyondcouponsbjfo.pdf

http://Lasvegasadvisor.com/shop/product-category/games/strategy-cards/

http://Lasvegasadvisor.com/gambling-with-an-edge/author/james-grosjean/

The Cellist by Daniel Silva https://amzn.to/3qK7pHQ

Thursday, November 11, 2021

Gambling With an Edge - bookmaker Chris Andrews

Our guest this week is Chris Andrews, author of "Then One Day: Forty Years of Bookmaking in Nevada". https://amzn.to/3F3daEj

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 Chris Andrews, bookmaker and author of Then One Day: Forty Years of Bookmaking in Nevada

[00:42] Gill Alexander and the origin of Chris' new book

[04:09] Chris' background in bookmaking

[06:55] Working at the Stardust sportsbook

[11:59] Working at the Barbary Coast sportsbook and misplacing $250,000

[16:36] Working at the Cal Neva sportsbook in Reno

[22:07] Who sets the lines?

[25:15] Max at Cal Neva

[32:02] Roxy Roxborough

[37:08] Chris' brief job at the Golden Nugget

[40:08] South Point Sportsbook

[41:19] South Point Casino November promotions - earn up to ten half-priced Walmart gift cards, $32k Thanksgiving Day hot seat promotion

[42:21] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[52:52] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[44:38] The best sportsbooks in Las Vegas

[48:53] William Hill and the model of limiting players

[50:59] Then One Year, the sequel to then one day.

[57:50] Have Chris' sons followed him into the bookmaking business?

[59:22] Recommended: Dexter on Showtime, A Gambling Man by David Baldacci, The Sopranos, and The Sopranos Sessions

Sponsored Links:

http://Twitter.com/andrewssports

Guest Links:

Books Referenced:

Then One Day: Forty Years of Bookmaking in Nevada by Chris Andrews https://amzn.to/3F3daEj

Recommended:

http://Sho.com/dexter

A Gambling Man by David Baldacci https://amzn.to/3C8yrKN

http://Hbo.com/the-sopranos

The Sopranos Sessions by Alan Sepinwall, David Chase, and Matt Zoller Seitz https://amzn.to/2YzZrVX

Thursday, November 4, 2021

Gambling With an Edge - guest Anthony Curtis

Our guest this week is Anthony Curtis of The Las Vegas Advisor. We talk to AC about the latest with Mattress Mac, new books, and much more.

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 of Anthony Curtis from the Las Vegas Advisor and Huntington Press

[00:37] World Series and Mattress Mack

[09:47] What has Huntington Press published recently?

[23:25] WSOP, Phil Hellmuth, and Covid implications

[30:15] South Point Casino November promotions - earn up to ten half-priced Walmart gift cards, $32k Thanksgiving Day hot seat promotion

[31:45] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[32:17] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[34:10] Charles Mathewson obituary

[34:56] Youtube slot players

[39:02] Sports betting in Florida and other states

[42:57] New Orleans Covid protocols

[44:19] Resorts World self-parking and observations

[46:42] Las Vegas casinos mask policies

[48:21] Draftkings National Sports Betting Championship

[53:13] Bonfire of the Vanities by Thomas Wolfe, The Devil's Candy by Julie Salamon, The President's Daughter by Bill Clinton and James Patterson, iLuminate at the Strat

Sponsored Links:

http://Lasvegasadvisor.com

Guest Links:

http://Huntingtonpress.com/books

http://Youtube.com/c/LasVegasAdvisorSHOW

Books Referenced:

http://Huntingtonpress.com/love-in-the-dunes-las-vegas-writers-on-passion-and-heartache

http://Huntingtonpress.com/the-50-greatest-stories-in-poker-history

http://Huntingtonpress.com/sharp-sports-betting

http://Huntingtonpress.com/then-one-day

Recommended:

Bonfire of the Vanities by Thomas Wolfe https://amzn.to/3bDzKXD

The Devil's Candy by Julie Salamon https://amzn.to/3o1D2K5

The President's Daughter by Bill Clinton and James Patterson https://amzn.to/3q3wyNi

http://Thestrat.com/entertainment/featured/iluminate

Thursday, October 28, 2021

Gambling With an Edge - guest Russell Fox

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 Russell Fox, tax expert from Clayton Tax
[01:02] What's going to be in the next tax law?
[02:09] Has the pandemic affected Russell's professional life?
[03:02] Do Canadian poker players owe income tax?
[05:14] Can YouTubers deduct gambling losses in excess of winnings?
[06:30] Have the tax implications on DFS changed?
[12:27] Taxation of credit card rewards redemption
[12:51] Process of reporting winning for a recreational advantage player
[18:06] How is travel time handled if IRS questions full-time gambler status?
[18:52] Lost or misplaced W2Gs
[20:58] Is it better to file as a professional gambler if you're a slot AP with many W2Gs?
[22:29] What are the acceptable ways for an amateur to define a sports betting session?
[24:31] Tax on futures bet, rule of constructive receipt
[25:11] Should a bettor clear balances from all sports betting apps every year
[25:34] Tax treatment of free bets
[30:52] South Point Casino October Promotions - $500k+ Monster Money casino-wide progressives, Prime Time Mondays for people 55 and older
[32:19] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools
[32:52] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners
[33:56] Is a casino win/loss statement from a casino sufficient for tax purposes?
[35:51] Beard accounts in sports betting
[39:53] Splitting a sports bet
[41:16] At what point does it make sense to file as a professional gambler?
[43:26] Audit risk for professional gamblers
[46:05] Tax professionals who specialize in gambling
[48:01] TurboTax
[48:35] Costs to file as a professional gambler
[51:44] Changes to cryptocurrency laws
[54:41] How to contact Russell Fox
[55:25] Recommended: Maid on Netflix, A Most Clever Girl by Stephanie Marie Thorton, Circus Circus steakhouse

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

Guest Links:
http://Claytontax.com
http://Twitter.com/russcfox

Recommended:
Maid on Netflix http://Netflix.com/title/81166770
A Most Clever Girl by Stephanie Marie Thorton https://amzn.to/3CmJgtQ
http://Circuscircus.com/restaurants-1/the-steak-house/

Thursday, October 21, 2021

Gambling With an Edge - Mail Bag 10/21/2021

No guest this week as we 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.

Show Notes

[00:00] Introduction

[00:33] Did Bob ever take advantage of online casino promotions?

[01:28] W2Gs for craps players

[03:44] General rules for all variations in video poker

[05:32] Card counting for comps

[10:12] Should slot hustling be avoided where hole-carding

[11:30] Magic of the Nile slot advantage player tracking

[13:21] $5DDB with double progressive amounts

[16:52] Should a new AP chase progressives?

[19:54] Seven Stars Insider newsletter

[21:34] Prax

[23:23] Card counting as a refusal and AP sports betting

[25:03] Signing up for new credit cards when purchasing a home

[27:08] Baccarat, roulette, and baccarat bonuses

[32:05] How do the odds change playing two hands versus one hand

[35:24] Valuing a blackjack hot seat promotion

[39:20] South Point Casino October Promotions - $500k+ Monster Money casino-wide progressives, Prime Time Mondays for people 55 and older

[40:45] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[41:25] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[42:35] How did Bob get backed off playing video poker at MGM properties?

[44:52] Basic strategy for multi-deck and doubling on A7

[48:18] How can a dealer handle impolite players?

[50:12] Putting tape over unused camera on computer

[52:17] Loss rebates for roulette

[53:16] Blackjack dealer yells "skills check"

[54:31] Card pulling

[57:34] Recommended: books by Donald Westlake, Margins of Error podcast

Sponsored Links:

Books Referenced:

Comp City by Max Rubin https://amzn.to/3jjfvCw

Software Referenced:

http://Qfit.com

Recommended:

Donald Westlake books https://amzn.to/3C7k0I4

Margins of Error podcast http://Cnn.com/audio/podcasts/margins-of-error

Thursday, October 14, 2021

Gambling With an Edge - guest Buddy Frank and G2E 2021

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 of Buddy Frank, long time slot director and casino executive

[00:36] Player identification and video poker player skill tracking products at G2E

[14:08] Resorts World's cashless system, credit cards

[24:25] Interesting AP games at G2E, slots, keno

[31:45] Auto-hold on video poker

[35:24] Ultimate X Gold

[39:18] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[39:38] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[40:08] South Point Casino October Promotions - $500k+ Monster Money casino-wide progressives

[41:11] South Point operations, comments on the locals market in Las Vegas, Circa

[47:12] Strategy for a player who has been banned, but not trespassed

[51:01] Aristocrat party at Allegiant Stadium

[53:15] Recommended: Sooley by John Grisham, CSI Las Vegas, Aruze claw game and craps game

Sponsored Links:

http://Wizardofodds.com/games/video-poker/tables/ultimate-x-gold/

Sites Referenced:

Recommended:

Sooley by John Grisham https://amzn.to/2YU8EbL

Cbs.com/shows/csi-vegas/

Thursday, October 7, 2021

Gambling With an Edge - Mail Bag 10/7/2021

No guest this week as we 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.

Show Notes

[00:00] Introduction

[00:40] Biggest gambling regrets

[03:57] How can dealers gain AP knowledge?

[06:44] Variance on multi-line video poker

[10:20] Fixed-odds horse racing

[11:49] Bob's problems with betting in Arizona

[22:29] How do APs network?

[25:45] Advantages and disadvantages of playing on casino credit

[30:39] South Point Casino October Promotions - $500k+ Monster Money casino-wide progressives

[31:54] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[32:35] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[34:15] Who should a player contact about re-entering a property after being thrown out?

[37:20] Slot YouTubers

[39:28] Vulturing Ultimate X

[40:46] New GWAE intro

[42:40] Recommended - Goliath on Amazon Prime, The Devil May Dance by Jake Tapper, Ross Thomas novels, The Hustler, The Color of Money, Jake Jacobs review of The Card Counter

Sponsored Links:

http://Lasvegasadvisor.com/gambling-with-an-edge/podcast-wilma0-part-2

Episodes Referenced:

The Devil May Dance by Jake Tapper https://amzn.to/3AmrHs7

Ross Thomas novels https://amzn.to/306VNn1

The Hustler https://amzn.to/2WPNJFQ

The Color of Money https://amzn.to/3lmk2Wy

The Card Counter movie review. http://Lasvegasadvisor.com/gambling-with-an-edge/the-card-counter-review

Thursday, September 30, 2021

Gambling With an Edge - Mail Bag 9/30/2021

No guest this week as we 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.

Show Notes

[00:00] Introduction

[00:32] Video poker progressive with a must-hit-by amount

[02:08] Hole carding practice

[05:26] Civilian criticism of hitting A7 vs 10 while counting

[09:03] How easily can a video poker pay table be changed?

[15:13] Playing Spanish 21 unrated

[17:47] How to approach a vulnerable table?

[20:38] Handling variance on 9/6 Triple Double Bonus

[24:14] Game selection in video poker and table games

[25:50] Running bad on video poker

[30:10] Phone apps and device law

[34:51] Long hotel comp stays

[36:26] Why doesn't Bob Dancer have a Youtube channel?

[38:29] Bet spread vs min to max

[41:51] http://BlackjackApprenticeship.com - card counting training website and community with many betting, tracking, and analytical tools

[42:31] South Point Casino September Promotions - $500k Monster Money casino-wide progressives

[43:35] http://VideoPoker.com/gwae - Gold Membership offers correction on most games, free Pro Membership trial for GWAE listeners

[44:23] Playing in retirement and the comp game

[47:10] Why do dealers hate match play coupon players?

[51:08] Do people recognize Richard's voice?

[55:18] Tipping after W2G bar tops

[58:12] Recommended - Sex Education on Netflix, The Plot by Jean Hanff Korelitz

Sponsored Links: