Richard W. Munchkin

http://Sho.com/george-and-tammy

Recommended:

http://Youtu.be/i0gTo-qpxSI

Thursday, December 22, 2022

Gambling With an Edge - Bob Nersesian 12/22/2022

Our guest this week is attorney Bob Nersesian. We had so many questions last time from our listeners that we had to ask Bob back for another round.

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 - https://www.spreaker.com/user/7418966/ners12222022

Show Notes

[00:00] Blackjack Hall of Fame

[01:15] Resetting progressive jackpots

[08:30] Scanning ID without consent while cashing out

[11:37] Technicalities of trespassing in PA

[15:10] Banking laws, right to refuse customers

[24:47] Casinos using wifi to access phone data

[29:19] Lying about the location of ID, elements of fraud

[31:16] Inspecting state agents

[35:37] Native American casino denying jackpot for vulturing UX

[36:18] Surveillance audio

[39:36] Delaying cash outs, patron redemptions

[44:00] Commercials

[46:24] Using a calculator to determine the edge on a progressive

[49:58] Bad beat jackpot being held after poker room closure

[51:14] Selling comped tickets

[54:41] Recommended: Versailles, Suspect by Scot Turowk, Kenny Rogers "Kentucky Homemade Christmas"

Sponsored Links:

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

Recommended:

Versailles on Netflix - http://Netflix.com/title/80099753

Suspect by Scot Turow - https://amzn.to/3jpJTOt

Thursday, December 15, 2022

Gambling With an Edge - Sports Bettor Amber Gamble

Our guest this week is a sports bettor named Amber Gamble. Amber has a stats background and started her sports betting journey just a couple years ago.

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 - https://www.spreaker.com/user/7418966/ambergamble

Show Notes

[00:00] Introduction of sports bettor, Amber Gamble

[00:40] How did Amber get into the gamblng world?

[02:05] Did dealing blackjack pique her interest in playing?

[03:53] Moving to Lake Tahoe, pooling tips

[06:04] Harvey's in the 1990s, the casino's attitude towards card counting

[07:48] Moving to Las Vegas, card counting, data science, and sports betting

[09:51] How did Amber start sports betting?

[11:55] MMA data, handicapping MMA

[15:51] Casinos in Mexico, ID requirements, taxes

[22:20] Finding an edge, scaling it

[25:05] Betting offshore

[26:25] Has Amber expanded into betting other sports?

[32:18] Commercials

[35:02] Analytics.bet

[40:52] Real World Risk Institute

[45:20] Vegas travel tips

[54:17] Twitter.com/ambergambling

[55:15] Recommended: Chili Caliente, Lady Chatterly's Lover, The Logic of Sports Betting by Ed Miller and Matthew Davidow, Shaper by PokerJoe

Sponsored Links:

http://Twitter.com/PlusEVAnalytics

Links Referenced:

http://Analytics.bet

http://Realworldrisk.com

http://LasVegasAdvisor.com

Recommended:

http://Chilecalientetym.com

http://Netflix.com/title/81476441

The Logic of Sports Betting by Ed Miller and Matthew Davidow - https://amzn.to/3V2nR1m

Shaper by PokerJoe - https://amzn.to/3HEYUWR

Thursday, December 8, 2022

Gambling With an Edge - attorney Bob Nersesian

Our guest this week is attorney Bob Nersesian. Bob answers legal questions sent in by our listeners.

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 - https://www.spreaker.com/user/7418966/ners12082022

Show Notes

[00:00] Introduction of gambling attorney, Bob Nersesian

[00:30] Spotify podcast stats for GWAE

[01:56] Resorts Casino in AC, sovereign immunity.

[04:13] Online sportsbook misgraded wager

[09:11] Player asked for SSN for craps buy-in, CTR

[12:50] Chip verification in Las Vegas after the Young case

[23:43] Civil forfeiture

[28:45] Playing unrated after a trespass

[34:42] Identification requirements and refusals for CTRs, SAR

[45:46] Commercials

[49:12] Sports betting TOS, betting by a spouse

[53:01] Limiting skilled sports bettors

[56:51] Structuring, exceeding $10k over multiple buy-ins

[59:55] Recommended: Jeki Yoo, Season 5 of The Crown, Band of Brothers

Sponsored Links:

http://Instagram.com/jekiyoo

Recommended:

http://Netflix.com/title/80025678

http://Hbo.com/band-of-brothers

Thursday, December 1, 2022

Gambling With an Edge - guest Russell Fox 12/01/2022

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.

podcast - https://www.spreaker.com/user/7418966/fox12012022

Show Notes

[00:00] Introduction of gambling tax professional, Russel Fox

[00:42] Form 1099-K

[03:59] Gambling winnings as a U.K. resident

[08:39] Sports betting partnerships

[09:42] Can gambling losses be carried over to future years?

[10:46] Session recording for sports betting, related transactions

[15:10] Reporting income earned by family members

[17:30] Can an EIN be used for W2G's?

[18:28] W2Gs for online table games play, session accounting

[20:40] State taxes on phantom gambling income, deductions

[21:52] Gambling logs, audits

[26:17] Horse racing W2G's, 300x rule

[28:09] Incorrect SSN on W2G

[29:32] Sessions at different casinos

[30:40] U.K. and US tax treaty for slot jackpots, lotteries

[32:50] Nevada taxes on sports betting

[35:32] Commercials

[38:50] Tax on futures wagers

[39:50] Combined gambling records when filing jointly, community property states

[41:35] Form 5754, issuing 1099s

[44:57] Good and bad states for gambling

[48:03] Gambling wins and losses as part of a diversified portfolio

[48:53] Withholding on W2G

[50:01] Recommended: James Fridman, ProHealth Longevity NMN Pro Complete, Blood and Iron by Katja Hoyer

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