Our guest this week is tax expert Russell Fox. We talk about the terrible new taxes on gamblers in the big beautiful bill. What's a gambler to do? Is Richard going to retire.... again? [00:00] Introduction of gambling tax expert Russell Fox [00:48] How does the tax bill affect gamblers? [02:25] Session method logging [03:56] Sports betting logs and session definition [09:14] Advantage slot play and session definition [13:08] Will this law be overturned? [17:08] 1099 changes, W2G backup withholdi...
Jul 16, 2025•43 min
Bob and Richard are back to talk with Michael Kaplan about his new book, "Advantage Players." Show Notes [00:00] Introduction of Michael Kaplan, author of Advantage Players [00:43] Michael’s background in gambling and writing [04:18] Finding people to write about [06:46] Definition of “advantage player” [07:21] David Philips, the pudding guy [09:57] Cheating, breaking the law, and advantage play [12:23] Identifying interesting APs and stories [14:02] Bill Benter and Alan Woods [20:59] Phil Ivey ...
Jun 09, 2025•49 min
My guest on this episode is Nigel Eccles, co-founder of Fan Duel. [00:00] Introduction of Nigel Eccles, co-founder of FanDuel [00:48] Nigel’s background and first company [02:04] Nigel’s educational background and interest in gambling, selling variance [06:59] Joining Flutter and prediction markets, exchange models [10:04] Founding FanDuel, fantasy sports, sports betting [14:31] Sports betting in Nevada, over-regulation and limited innovation [18:47] Leaving FanDuel [20:08] Vertical businesses, ...
May 11, 2025•40 min•Ep. 17
Bob and I are back with an interview with Buddy Frank to talk about how casinos are now using AI to evaluate players. [00:00] Introduction of Buddy Frank [01:10] The evolutions of AI in casinos, falling costs, data analysis [03:52] Using data to assess how player ADT changes with hotel stay [08:58] Analyzing player performance [11:55] ChatGPT, large language models being used to finetune offers [15:51] Video poker products that calculate player specific player ADT [21:38] Cameras in machines, fa...
Jan 01, 2025•1 hr 1 min
Bob and I sit down at the end of 2024, and talk about what we have been doing gambling wise for the last year. Both of us seem to be working harder than ever. [00:00] Introduction [00:42] Is Richard still retired? [05:19] The U.S. sports betting market [07:52] Betting partnership dynamics [10:39] Successful bettors making fundamental gambling mistakes [12:33] Bob’s sports betting [17:58] Bob’s slot experience [26:58] Slot hustling, getting information, solving games [34:52] How many hours a day ...
Dec 25, 2024•44 min
My guest this week is Elihu Feustel. He is on this week to talk about his new book, Beyond The Odds, which you can pick up here https://amzn.to/3Behcxf
Sep 24, 2024•50 min
Bob and I are back after a long hiatus to talk about this years blackjack ball. We are joined by John Chang, former head of the MIT team, Max Rubin, the host and creator of the blackjack ball, and Rick "Night Train" Blaine who was this year's inductee into the blackjack hall of fame.
Aug 16, 2024•48 min
Bob and I are back to talk to Dennis Rappaport. Dennis was a boxing manager, and promotor probably best known for managing Gerry Cooney. He also was a brilliant PR man, and has some crazy stories from his years in "The Sweet Science."
Feb 29, 2024•55 min
Lauri Thompson came to Las Vegas as a dancer in 1980. She went from Las Vegas strip entertainer to a top entertainment attorney, with a stop along the way as Susie Spirit on the original GLOW - Gorgeous Ladies of Wrestling. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen. Here is the clip of Lauri getting her arm dislocated in an episo...
Feb 19, 2024•48 min•Ep. 16
Billy Baxter is a legend in the gambling world. Today we focus on his time as a boxing manager, and some very high stakes golf games. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.
Feb 09, 2024•33 min•Ep. 15
Gambling With an Edge is back with Bob and I talking to Anthony Curtis, and Frank B. We talk about the Super Bowl coming here ot Las Vegas, and then talk about other things happening around town.
Feb 02, 2024•1 hr 13 min
Nicholas Forte is the corporate pastry chef for Tao Group - west coast. What drew me to Nick's story is that straight out of pastry school he went to the only 3-Michelin-star restaurant in the state of Nevada, and said, "I want to work here." He got the job at Joel Robuchon. You can see examples of Nick's work on his Instagram account. https://www.instagram.com/fortenj/ You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you thi...
Jan 20, 2024•19 min•Ep. 14
Bob Dancer and I are back doing a Gambling With an Edge episode. We interview attorney Bob Loeb about the recent trend of legal, regulated sportsbooks stealing people's money.
Dec 22, 2023•42 min
My guest this week is Joseph Merhi. In part 1 we covered Joseph moving to Florida from a small town in Syria when he was 18 years old. He spoke no English, but through grit and perseverance he went on to produce over 100 movies. This is part 2 of 2, in which we cover Joseph's move from Las Vegas to LA, and his pursuit of the movie business. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you ar...
Dec 07, 2023•56 min•Ep. 10
My guest this week is Joseph Merhi. Joseph moved to Florida from a small town in Syria when he was 18 years old. He spoke no English, but through grit and perseverance he went on to produce over 100 movies. This is part 1 of 2. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.
Nov 15, 2023•52 min•Ep. 12
My guest this week is Frank Frigo. Frank is one of the founders of Edj Analytics, and we talk about their football model named Zeus which they licensed to various NFL teams to make better playing decisions. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen. NY Times article mentioned in the show. https://www.nytimes.com/2018/02/02/sports...
Oct 25, 2023•55 min•Ep. 11
My guest this week is Ed Miller. Ed is on to talk about his new book, "Interception" which he co-authored with Matt Davidow. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen. Podcast - https://www.spreaker.com/user/7418966/edmillerepisode10 Books by Ed Miller & Matt Davidow The Logic of Sports Betting https://amzn.to/3QlG3Ec Interce...
Oct 17, 2023•58 min•Ep. 10
Sherriff AP chucked it all to become a professional card counter. He had one of the worst losing streaks I have heard of, and I'm not just talking about losing money. Everything in his life seemed to all go wrong at the same time. I think most people would have quit, and never looked back, but he stuck it out. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a revi...
Sep 26, 2023•26 min•Ep. 9
Bob Dancer is the world's best known authority on Video Poker, having written many books, and countless articles on the subject. He of course was my cohost and founder of Gambling With an Edge for 12 years. But in this episode we are going back to when he was trying to be a professional backgammon player in the 1970s in Los Angeles, where cheating was a very real danger. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you th...
Sep 18, 2023•26 min•Ep. 8
Jason Ladanye is a professional, award-winning sleight-of-hand entertainer who has performed card magic all around the world for the last twenty years. Prior to magic he was musician who was touring as a keyboard player from the time he was 17, opening for everyone from the Rolling Stones to BB King. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21 or @lifeisagamblepod on Threads. If you like the show please tell a friend you think might like it, or if you are really ...
Sep 10, 2023•37 min
This is a brief episode with our favorite gambling attorney Bob Nersesian. Bob is on with breaking news for professional gamblers regarding the trespass statute in Nevada.
Aug 22, 2023•10 min
In this episode of the podcast, I chat with Don "The Dragon" Wilson, one of the most iconic martial artists, and action stars of the 1980s and 1990s. Don talks about his fight career, and his transition from fighter to action star. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21 or @lifeisagamblepod on Threads. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen. Links https://www.facebo...
Aug 11, 2023•28 min•Ep. 5
Blair Hull was known as the first "BP" or "Big Player". Ken Uston wrote a book called, "The Big Player" after he replaced Blair in that role. Taking what he learned from counting cards Blair moved to a much bigger casino with higher stakes, the options exchange. We discuss three big gambles in Blair's life. In 1987 the markets were all crashing, and Blair walked onto the exchange floor saying to himself that his job was to make a price on both buy or sell. There were only people wanting to sell,...
Jul 27, 2023•22 min•Ep. 4
Sarah Jane Woodall has been known for the last dozen years as Wonderhussy. She is a writer, actress, model, and all-around creative. I talk to her about what I consider a huge gamble, and she shrugs it off as no big deal. What was her job I thought was so risky? Driving out to the middle of nowhere in the desert with a complete stranger, and working as a nude model. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21. If you like the show please tell a friend you think m...
Jul 17, 2023•26 min•Ep. 3
AP White dropped out of college 3 times before finally graduating, and getting that 6-figure per year job. But once he started working he found he hated the job. He decided to quit, and go on the road as a professional advantage player. You can reach me at lifeisagamblepod@gmail.com, or find me on Twitter @RWM21 or @lifeisagamblepod on Threads. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.
Jul 09, 2023•21 min•Ep. 2
Hey everyone. This is episode one of my new podcast. As you can see, it is called Life is a Gamble, and as the title indicates it will be about life's gambles. I am still feeling my way here so things may morph and change as time goes on, but I hope you come along for the ride. You can reach me with questions, comments, etc. at LifeIsAGamblePod@gmail.com, or on twitter @rwm21.
Jun 28, 2023•20 min
This is our final scheduled episode of GWAE. We close out the show with questions from our mail bag. It's been a great ride for 12 years, and we are really grateful for the outpouring of kind words from our listeners, and for our sponsors over the years. Show Notes [00:00] Introduction [00:47] Lessons learned from guests on GWAE [04:45] Missed advantage plays [09:38] Memorable moments [13:26] Bankroll management and session size [15:45] Will Bob continue to blog on Las Vegas Advisor? [16:23] Pen...
May 18, 2023•54 min
This bonus episode is something we probably should have done a lot more of. No guest, no mail bag questions, just a conversation between Bob and I Show Notes [00:00] Introduction [00:37] Playing in New Orleans, hotel rooms, entering the casino[05:39] Dealer rotations, playing through breaks [09:16] Driving to a casino, parking, cabs [13:33] Advantage play before cell phones [16:13] "Playing a secret game" [24:55] Bob's slot plays, lifestyle[30:42] Frugality, saving, investing [34:41] Does Bob co...
May 11, 2023•40 min
Our guest this week is Michael Shackleford aka The Wizard of Odds. We discuss the updated version of his book "Gambling 102", and his thoughts about being part of Gambling With an Edge over the years. Show notes [00:00] Introduction of Michael Shackleford, The Wizard of Odds [01:28] A new version of Gambling 102 [02:45] Cashman Bingo [04:17] Figuring out the strategies for vulnerable games, crowdsourcing data [05:32] Does Michael play these games? [07:37] Must-Hit-By machines, probability of win...
May 04, 2023•48 min
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 [04:46] RNGs in video poker [05:47] Las Vegas Advisor free play strategies [06:57] Does play on a cruise affect ADT or status at brick and mortar casinos [10:05] Video poker session length [12;41] Second language value for APs [15:25] Video ...
Apr 27, 2023•51 min
