1
00:00:08,519 --> 00:00:13,000
Good afternoon. You're listening to Gambling
with an Edge. Now here are your

2
00:00:13,080 --> 00:00:18,719
host Bob Dancer and Richard Munchkin.
Good afternoon, welcome to Gambling with an

3
00:00:18,760 --> 00:00:23,679
Edge. I'm Bob Danswer and I'm
Richard Munchkin. And today is our last

4
00:00:23,760 --> 00:00:29,199
day as far as we own now, we're not. This is our last

5
00:00:29,199 --> 00:00:36,560
show, and it's possible we'll have
sessions in the future. Kind of spurred

6
00:00:36,600 --> 00:00:40,799
at random. Um, there's no
plans to do that now, and who

7
00:00:40,840 --> 00:00:43,920
knows what the future will bring.
It's been a nice run, we've enjoyed

8
00:00:43,960 --> 00:00:49,159
it, and we're gonna get down
to your questions. Um. First ones

9
00:00:49,200 --> 00:00:54,960
were we just got the day we're
keeping this show, And it came from

10
00:00:54,960 --> 00:01:00,159
Colin Jones, who is a Black
Tank apprenticeship good friend of the good friend

11
00:01:00,159 --> 00:01:04,239
of Richard. To me, what
is something you have learned from a guest

12
00:01:04,599 --> 00:01:14,400
while hosting Gambling with an itche for
me, I think it would be Captain

13
00:01:14,519 --> 00:01:21,159
Jack telling us about the sign up
bonuses that were happening in Arizona and other

14
00:01:21,239 --> 00:01:26,599
places for in the sports book.
And when you live in Las Vegas,

15
00:01:26,799 --> 00:01:34,200
the border Arizona border is not that
far away, and so I was able

16
00:01:34,280 --> 00:01:40,280
to travel to Arizona and get down
all kinds of bets. It was a

17
00:01:40,359 --> 00:01:45,519
lot harder than I thought it was
it would be. It's not there's there's

18
00:01:45,519 --> 00:01:49,439
a learning curve to dealing with the
fine casinos and funding them and stuff like

19
00:01:49,480 --> 00:01:53,239
that, and so it was not
falling off a log that I thought it

20
00:01:53,280 --> 00:01:59,400
would be in. It took several
trips. It's just never easy. And

21
00:01:59,680 --> 00:02:07,280
later I did it flying to Denver
to take advantage of the Colorado bonuses and

22
00:02:08,199 --> 00:02:15,199
with a different set of beginner problems
that I had to deal with and got

23
00:02:15,240 --> 00:02:19,800
some of them solved and not solved. Overall, it was a highly profitable

24
00:02:19,879 --> 00:02:27,280
play. But that's one example of
something I learned a while hosting Gambling with

25
00:02:27,280 --> 00:02:31,039
an Edge. Richard, did you
learn something that you implemented, Well,

26
00:02:31,599 --> 00:02:37,520
it didn't come really from one guest. It just came from our guests in

27
00:02:37,639 --> 00:02:45,039
general, which was the idea that
every single game can be beat under the

28
00:02:45,159 --> 00:02:49,240
right conditions. And one of the
things I'm proudest of is that we have

29
00:02:49,360 --> 00:02:55,879
had people on this show talking about
beating every game you can imagine. And

30
00:02:55,960 --> 00:03:06,080
the person that really drove that home
for me was Mohan Sevastova, who we

31
00:03:06,159 --> 00:03:10,000
had on twice, who was a
guy who figured out a way to beat

32
00:03:10,120 --> 00:03:15,879
scratch off lottery tickets, and just
a month ago we had mister Dapion,

33
00:03:15,080 --> 00:03:23,520
who you know, years later made
enormous amounts of money playing the lottery.

34
00:03:23,680 --> 00:03:27,800
And so when Mohan was on,
I was like, if you can beat

35
00:03:27,840 --> 00:03:31,639
the lottery, you can beat anything. And that is true. You can

36
00:03:31,759 --> 00:03:37,599
beat anything. Now, not all
the time and not every casino, but

37
00:03:38,360 --> 00:03:43,919
under the right conditions, everything can
be beat. And so that that's what

38
00:03:44,039 --> 00:03:49,319
was really driven home. Yeah,
I agree with that. And if if

39
00:03:49,360 --> 00:03:57,560
you haven't read it yet, Mohan
wrote a short story about scrabble that won

40
00:03:57,680 --> 00:04:01,280
some awards. He's Canadian and won
someone words. So his last name is

41
00:04:01,319 --> 00:04:12,199
impossible, it's shrivastavas r Iva Stava. But if you look at Shrivastava scrabble

42
00:04:12,240 --> 00:04:15,840
you'll find it. It is well
worth spending the five minutes to read this

43
00:04:15,000 --> 00:04:20,480
short story. It is delightful.
Or you could actually if you just search

44
00:04:20,600 --> 00:04:26,079
for the episode wherever you get Gambling
with an Edge. I'm pretty sure that

45
00:04:26,120 --> 00:04:29,519
the link to the article is in
the show notes for the episode. He's

46
00:04:29,560 --> 00:04:35,959
on one of the two episodes he's
on, all right, So we weren't

47
00:04:35,959 --> 00:04:40,480
planning to have it recommended for today. But that's the one I wasn't planning

48
00:04:40,480 --> 00:04:46,959
on giving, all right. So
how about an ap play that you missed

49
00:04:46,959 --> 00:04:50,839
out on that you wish could have
executed. Why don't you go first?

50
00:04:50,879 --> 00:04:54,600
Because you asked me this just before
we went on the air, and I

51
00:04:54,639 --> 00:04:58,279
came up with one, and then
now I've already forgotten what it was.

52
00:04:59,639 --> 00:05:06,240
All I have several. One was
from a period of time Caesar's Palace in

53
00:05:06,519 --> 00:05:15,240
Las Vega installed one hundred dollars three
coin full Pay Duce is Wild. Now

54
00:05:15,319 --> 00:05:21,319
full Pay Duce is Wild is a
one hundred points seven six percent game plus

55
00:05:21,319 --> 00:05:26,319
the normal slot club benefits, and
in this would be three hundred dollars a

56
00:05:26,399 --> 00:05:34,519
hand. And so it was gone
before I ever heard about it. People

57
00:05:34,959 --> 00:05:41,000
shared the machine amongst themselves, like
you can have it for four hours and

58
00:05:41,040 --> 00:05:44,800
then I get it back, or
whatever they did, and it was long

59
00:05:44,879 --> 00:05:51,959
gone. Somebody had the nerve to
be dealt in royal and for I guess

60
00:05:53,000 --> 00:05:57,160
I'd be two hundred and forty thousand
dollars. And that was the straw that

61
00:05:57,199 --> 00:06:03,560
broke the camel's back. So so
I just one. I actually I actually

62
00:06:03,560 --> 00:06:11,399
have two. So the first one
is back in the early eighties when when

63
00:06:11,439 --> 00:06:18,759
I retired the first time. It
was the heyday of computer blackjack, and

64
00:06:19,079 --> 00:06:23,720
I had moved to LA and was
busy trying to break into the film business.

65
00:06:24,240 --> 00:06:31,360
And my teammates two different teams started
playing with blackjack computer and made seven

66
00:06:31,439 --> 00:06:36,720
figures. And I was, you
know, busy trying to be an actor.

67
00:06:39,680 --> 00:06:46,519
So that that's one, and another
one is in the late nineties.

68
00:06:46,360 --> 00:06:54,279
It was the heyday of banking the
games in California, and I got involved

69
00:06:54,399 --> 00:07:00,199
just a little bit, but again
I was doing other things, and you

70
00:07:00,240 --> 00:07:03,680
know, my friends who got all
the way into banking in California again,

71
00:07:04,519 --> 00:07:10,399
you know, made seven figures.
And so those are those are two of

72
00:07:10,480 --> 00:07:14,439
the ones that I wish I hadn't
missed out on. And I have another

73
00:07:14,439 --> 00:07:18,680
one that I hadn't missed out on. Ticket in ticket out is relatively new

74
00:07:18,680 --> 00:07:24,959
phenomenon from the mid nineties on,
I guess. But it used to be

75
00:07:25,399 --> 00:07:29,519
when you would get a jackpot,
which would be and when the machine locks

76
00:07:29,639 --> 00:07:38,040
up, the casino will give you
will put five coins in to start your

77
00:07:38,040 --> 00:07:43,439
next hand. Now, if you're
playing dollar video poker on a four thousand

78
00:07:43,439 --> 00:07:47,360
dollars jackpot chappens every forty thousand hands
you get an extra five dollars, or

79
00:07:47,399 --> 00:07:53,279
in some games aces with a kicker
you get an extra five dollars. That

80
00:07:53,439 --> 00:07:58,120
is no big deal. But then
Sunset Station installed one hundred dollars machines.

81
00:07:58,759 --> 00:08:03,120
This requires five hundred dollars to play. And every time you get three of

82
00:08:03,160 --> 00:08:09,399
a kind or hire it's a w
TWD. And so instead of getting fifteen

83
00:08:09,519 --> 00:08:15,839
hundred dollars for the WTG WTG,
they would give you the fifteen hundred and

84
00:08:15,879 --> 00:08:20,160
then give you five coins for the
next one to make to turn it into

85
00:08:20,319 --> 00:08:24,920
a two thousand dollars jackpot. Wow, the pay schedule was dreadful, but

86
00:08:26,040 --> 00:08:31,840
it doesn't matter. This was a
I don't know about one hundred eighty percent

87
00:08:33,000 --> 00:08:39,840
game on a five hundred dollars a
hand game. So the players who just

88
00:08:41,120 --> 00:08:46,679
figured this out, none of them
could afford five hundred dollars. They just

89
00:08:48,120 --> 00:08:54,679
uh, but they been when it's
a partnership, it's impossible to lose.

90
00:08:54,840 --> 00:09:00,600
But of course they the casino only
put up with that for an nine hands

91
00:09:01,120 --> 00:09:07,159
and hold the plug on it,
and and during those nine hands they did

92
00:09:07,240 --> 00:09:15,320
lose, So I wouldn't feel bad
about missing that one just because you know

93
00:09:15,480 --> 00:09:20,840
that's not gonna last. I mean, no matter how dumb the casino is,

94
00:09:20,840 --> 00:09:24,200
they're going to figure that one out
pretty quick. Yep. So did

95
00:09:24,200 --> 00:09:28,120
you have another one that you were
going to mention? You said you had

96
00:09:28,159 --> 00:09:35,320
two. I mentioned of both the
banking in California and the computer play in

97
00:09:35,360 --> 00:09:39,840
that case, Collins. Third question
is what is our favorite? Wow,

98
00:09:39,960 --> 00:09:43,559
I can't believe I'm doing this moment
as an ap. And for me,

99
00:09:43,759 --> 00:09:50,919
that was in the late nineties playing
video poker. There were huge promotions.

100
00:09:50,960 --> 00:09:56,320
Every weekend. They had ninety six
Jacks, which is ninety nine and a

101
00:09:56,360 --> 00:10:03,919
half percent with a six seventh slot
club, generous comps, big promotions,

102
00:10:03,600 --> 00:10:09,519
and so just going and playing ninety
six Jacks are better, which is probably

103
00:10:09,559 --> 00:10:16,679
the easiest video poker game ever to
play perfectly. This was like several years

104
00:10:16,679 --> 00:10:22,360
in a row for three or four
hundred thousand dollars per person if you're playing

105
00:10:22,399 --> 00:10:28,720
this full time, and it's just
it would beat us well and give us

106
00:10:28,720 --> 00:10:31,960
comp tickets, and it's just like, you know, I just think we

107
00:10:31,000 --> 00:10:35,240
could be working and this was just
a moment that we knew it wouldn't last,

108
00:10:35,440 --> 00:10:41,360
and of course it didn't, but
that was my wow, I can't

109
00:10:41,360 --> 00:10:45,480
believe I'm getting to do this moment. Well, I have two again.

110
00:10:48,320 --> 00:10:56,320
One of them was initially meeting Ed
Thorpe at the Blackjack ball and having him

111
00:10:56,440 --> 00:11:03,320
tell me he enjoyed my book and
and and having him show up year after

112
00:11:03,399 --> 00:11:07,080
year. You know, that was
just really cool for me. Um.

113
00:11:09,399 --> 00:11:13,799
But the other, the other one
was a play that I really can't go

114
00:11:13,879 --> 00:11:18,399
into the details of the play,
but it was a play that involved there

115
00:11:18,399 --> 00:11:26,559
were three other Hall of Fame members
on the table with me on a play

116
00:11:26,639 --> 00:11:35,519
that lasted twenty four hours and um
was the largest table win of my career,

117
00:11:37,000 --> 00:11:43,360
so um and and it was a
play where a guy betting most of

118
00:11:43,360 --> 00:11:48,039
the money was about as famous as
you could get in the blackjack world,

119
00:11:48,240 --> 00:11:56,559
and and the casino had absolutely no
clue what was going on, none at

120
00:11:56,600 --> 00:12:05,919
all. And and four months later
invited him back, even after he we

121
00:12:05,080 --> 00:12:09,159
decided he had to give up,
he had to cash out the money because

122
00:12:09,720 --> 00:12:13,120
we just thought it would be too
weird for a guy to walk out the

123
00:12:13,159 --> 00:12:20,960
door with that much in chips.
Um and so he gave up id CTRD,

124
00:12:22,279 --> 00:12:26,440
gave his real name, and four
months later we were like, you

125
00:12:26,480 --> 00:12:30,559
know, they never barn you,
maybe we can go back. And he's

126
00:12:30,639 --> 00:12:35,480
like it's not possible, like there's
just no way, and but we said,

127
00:12:35,480 --> 00:12:39,320
well, hey, call him on
the phone and say you're thinking about

128
00:12:39,360 --> 00:12:41,879
coming back, and see what they
say. And they said, yeah,

129
00:12:41,879 --> 00:12:45,759
come on, you know, we'll
get your room and blah blah blah.

130
00:12:45,799 --> 00:12:48,200
And we're like, oh my god. And we went back and within the

131
00:12:48,720 --> 00:12:52,159
within the first hour, they came
and shut the play down and said,

132
00:12:52,320 --> 00:13:00,919
uh, look, we googled you
and again had no idea what was going

133
00:13:00,960 --> 00:13:05,080
on, and because the game Wilson
Blackjack that I think had a lot to

134
00:13:05,120 --> 00:13:09,559
do with it, but yeah,
it was maybe my favorite play of all

135
00:13:09,639 --> 00:13:15,200
time. Yeah. Actually I haven't
heard that story even offline, so I

136
00:13:15,279 --> 00:13:18,399
would. I know, maybe the
rest of you want more details on and

137
00:13:18,440 --> 00:13:22,240
I know I certainly do, but
it sounds like we're not going to get

138
00:13:22,279 --> 00:13:28,000
him. All right. That's fun, Richard. I know you've mentioned enjoying

139
00:13:28,159 --> 00:13:33,559
Ken Euston's million dollar Blackjack, something
he said I take issue with as well

140
00:13:33,600 --> 00:13:37,720
as I blew Colin Jones. Colin
haven't mentioned playing early on with the seventy

141
00:13:37,759 --> 00:13:43,360
percent risk of ruin? What can
Euston said in the chapter on determination of

142
00:13:43,440 --> 00:13:48,279
betting strategy, if we are winning
players, chances of tapping out are never

143
00:13:48,360 --> 00:13:54,480
more than one opportunity. I've often
skeptically thought of that comment. Sitting short

144
00:13:54,559 --> 00:14:00,840
stacked at the table, Richard,
Well, I don't quite understand that one

145
00:14:00,840 --> 00:14:03,559
out of two, I mean,
fifty percent chance of tapping out. That

146
00:14:03,679 --> 00:14:09,080
sounds absurd, Like, uh,
you're of course you're going to tap out

147
00:14:09,120 --> 00:14:13,440
if you do that. So I'm
not sure what Ken meant. I remember

148
00:14:13,559 --> 00:14:20,919
back in the eighties Ken calling my
partner Daryl and saying, Hey, I

149
00:14:22,759 --> 00:14:24,919
got these guys to put up some
money from bankroll. How should I bet

150
00:14:24,960 --> 00:14:31,120
it? And Daryl was like should
I say to him? Like, why

151
00:14:31,120 --> 00:14:35,200
don't you look in one of your
books? Ken? So Ken Houston was

152
00:14:35,320 --> 00:14:41,120
not the best guy to talk about
bankroll management. But I don't know what

153
00:14:41,159 --> 00:14:48,759
he's referring to, but yeah,
so yeah, and it seems oh oh.

154
00:14:48,840 --> 00:14:54,279
And as to Colin, Colin says
like he didn't know what he was

155
00:14:54,399 --> 00:14:58,320
doing. He obviously was playing with
way too high a risk of ruin and

156
00:14:58,399 --> 00:15:03,399
he didn't learn about that. Until
much later in his career. So that's

157
00:15:03,519 --> 00:15:07,039
that's what that's about. Yeah,
and that's certainly true for me in video

158
00:15:07,039 --> 00:15:13,159
poker on I didn't how to calculate
risk of ruin early on. But there's

159
00:15:13,159 --> 00:15:18,879
also seems to be a difference between
a tapping up session wise and bank roll

160
00:15:18,960 --> 00:15:24,080
wise. And so I'm thinking you
never are going to bring your entire bank

161
00:15:24,200 --> 00:15:31,480
roll to the table and risking that, although tapping out for individual session that

162
00:15:31,559 --> 00:15:37,559
happens all the time where you have
you know, four hundred or five hundred

163
00:15:37,600 --> 00:15:41,279
bets with you out of whatever your
bank roll is and lose that in an

164
00:15:41,279 --> 00:15:46,279
individual session. All right. Next
question, Bob, I met you many

165
00:15:46,320 --> 00:15:50,159
years ago Bargota for a class and
a copy of your books. Will you

166
00:15:50,240 --> 00:15:54,879
be continuing with your Tuesday blog on
Las Vegas Advisor? Answers Yes, I

167
00:15:54,960 --> 00:16:03,200
continued. I planned to continue that
blog indefinitely. Stopping the podcast has nothing

168
00:16:03,240 --> 00:16:07,080
to do with changing my whole life
for getting out of gambling completely or getting

169
00:16:07,080 --> 00:16:11,879
out of writing. I'd like to
find a way to I teach again.

170
00:16:11,679 --> 00:16:18,320
I can find a casino that is
interested in having me and has games that

171
00:16:18,440 --> 00:16:23,919
are teachable. Next question, what
is a penalty? For using ninety six

172
00:16:23,960 --> 00:16:29,879
backs or better to play ten seven
double bonus. And I haven't calculated this

173
00:16:29,960 --> 00:16:33,000
recently, but I think it's about
a half percent, taking the game from

174
00:16:33,320 --> 00:16:41,480
one hundred point one seven to ninety
nine point six approximately, probably more because

175
00:16:41,960 --> 00:16:45,559
if somebody isn't talent enough or dedicated
enough to learn ten seven double bonus,

176
00:16:47,000 --> 00:16:52,759
that person probably doesn't know ninety six
jacks or better perfectly anyway, all right,

177
00:16:52,840 --> 00:17:00,519
Next question is a sports betting about
odds boosters that is promotional that some

178
00:17:00,639 --> 00:17:06,079
sports book may offer. These bets
mostly have plus EV. What do you

179
00:17:06,079 --> 00:17:08,680
think about them? They could be
a marketing tactic by the sports book to

180
00:17:08,720 --> 00:17:15,960
get you to take on more variants. And a lot of sports books offer

181
00:17:15,200 --> 00:17:22,440
small bonus bets every day they want
to keep you coming back to their site.

182
00:17:22,400 --> 00:17:26,720
Most of these are plus EV,
so if you want to go to

183
00:17:26,839 --> 00:17:30,319
their site, there are players who
will go to all the sites in their

184
00:17:30,400 --> 00:17:38,160
jurisdiction every day and make these small
bets. And that is definitely positive EV.

185
00:17:40,039 --> 00:17:45,400
And you can start out your day
with fifty or one hundred, two

186
00:17:45,480 --> 00:17:49,720
hundred dollars EV and then go on
and do what you normally do. So,

187
00:17:51,160 --> 00:17:53,720
yeah, if if I can recognize
a good bet. I would.

188
00:17:55,079 --> 00:17:59,880
I would definitely take this unless starting
your day with a couple hundred dollars ev

189
00:18:00,119 --> 00:18:06,640
isn't enough to be worth your time, which could be if if you're Richard

190
00:18:06,680 --> 00:18:11,640
and talking about this game with four
Hall of Famers on the table, stopping

191
00:18:11,640 --> 00:18:18,960
to pick up two hundred dollars,
it was way way too much so for

192
00:18:18,119 --> 00:18:22,759
Richard, if you talk about it. How much whole carding did you do

193
00:18:22,920 --> 00:18:27,240
in your career as a blackjack or
other games? If you did hole carding,

194
00:18:27,279 --> 00:18:30,799
did someone training what to look forward? You figure out and scout games

195
00:18:30,799 --> 00:18:36,000
for yourself? Where'd you learn the
correct strategy for playing against a known hole

196
00:18:36,039 --> 00:18:41,960
part? So yes, I played
quite a bit of hold cards in the

197
00:18:42,039 --> 00:18:52,279
beginning. No nobody trained me in
the beginning. It was finding dealers where

198
00:18:52,319 --> 00:18:56,759
it was obvious, which there were
so many hand dealt games in Las Vegas

199
00:18:56,839 --> 00:19:02,440
back then that you know, there
were just hundreds and hundreds of games to

200
00:19:02,839 --> 00:19:07,640
look at, and the majority of
the games were not what we used to

201
00:19:07,680 --> 00:19:14,160
call front loaders or third basers with
a handout game, but first basers because

202
00:19:14,200 --> 00:19:18,920
the dealers used to peak under tens, so someone at first base could see

203
00:19:18,920 --> 00:19:23,480
what the whole card was onto the
ten. So I played much more of

204
00:19:23,519 --> 00:19:30,640
that than I did. You know, Flashers, Yes, Blackjack and other

205
00:19:30,680 --> 00:19:34,359
games. When other games got invented, that was a big boom for a

206
00:19:34,400 --> 00:19:40,480
lot of people because many of the
new games there were edges to be had.

207
00:19:41,319 --> 00:19:44,720
So what was the rest of the
question, I think? Or did

208
00:19:44,759 --> 00:19:47,839
I answer all of it? Yes? I played it. Yes, I

209
00:19:47,880 --> 00:19:51,079
played multiple games. No one taught
me. Oh, where did I get

210
00:19:51,079 --> 00:19:56,200
the strategy? Originally there was a
strategy in Ken Euston's book. I think

211
00:19:56,200 --> 00:20:00,400
it was million dollar Blackjack. There
was a whole card strategy chart. You

212
00:20:00,440 --> 00:20:04,920
know now the you know, the
gold standard is Exhibit CIA by James grow

213
00:20:06,319 --> 00:20:08,960
All. Right, now, question
for me, says Bob. You've stated

214
00:20:10,000 --> 00:20:11,920
on the show that card pulling,
at least the type where you pull the

215
00:20:11,960 --> 00:20:17,640
card between the deal and the drawing
video poker isn't a thing anymore since machines

216
00:20:17,680 --> 00:20:22,240
will retain the card's information through the
draw. But do you ever or did

217
00:20:22,279 --> 00:20:26,279
you ever employ other types of card
pulling, such as removing the card before

218
00:20:26,440 --> 00:20:32,720
the deal when you have a lot
of multiplayers in ultimate act? And my

219
00:20:32,880 --> 00:20:38,039
answer is I card pulled very rarely, simply because I'm a well known player

220
00:20:38,119 --> 00:20:42,799
and at least in video poker,
in every casino that allows me to play,

221
00:20:42,880 --> 00:20:47,599
I assume there are some management people
who think it's a bad idea for

222
00:20:47,640 --> 00:20:49,880
them to let me play, so
I try very hard not to give them

223
00:20:49,880 --> 00:20:52,839
a reason to kick me out.
I can never know when a camera is

224
00:20:52,880 --> 00:21:00,000
looking at me or being reviewed even
after I leave, so I always act

225
00:21:00,039 --> 00:21:03,480
as I'm being watched. I have
ever done it? Yes? Do I

226
00:21:03,559 --> 00:21:11,839
do it very often? No,
in in slots. There's a lot of

227
00:21:14,000 --> 00:21:21,119
really easy ways to do this on
some games that you can generate huge losses

228
00:21:22,200 --> 00:21:32,759
basically almost invisibly. But Dicky Krim
mentioned a few of these uh month or

229
00:21:32,759 --> 00:21:37,000
so ago. But um, but
video poker, no, I'm not.

230
00:21:37,319 --> 00:21:41,079
I'm not a card poler. Okay. I've been a regular listener for Gambling

231
00:21:41,079 --> 00:21:44,480
with an Edge podcast last few years
and I really appreciate all the time and

232
00:21:44,480 --> 00:21:47,559
effort. Thank you very much.
As you wrap up the show, could

233
00:21:47,559 --> 00:21:52,160
you please recommend any other podcasts,
blogs, forums, or other media resources

234
00:21:52,160 --> 00:21:57,400
that come closest to providing the type
of high quality current information and news about

235
00:21:57,400 --> 00:22:02,519
advantaged place for which Gambling With and
edges. No, this can include both

236
00:22:02,559 --> 00:22:06,160
freed or paid resources. I don't
mind paying for access to information. I

237
00:22:06,200 --> 00:22:11,200
also listened to Risk of Ruins,
Tens and Aces, the black Jack Apprentship

238
00:22:11,240 --> 00:22:17,200
podcasts all are great, but they
all release episodes much less frequently in gambling

239
00:22:17,359 --> 00:22:21,799
with an edge. Okay, so
what are the best podcasts? It depends

240
00:22:21,960 --> 00:22:26,240
on your game. Sports betting has
a number of good podcasts. I think

241
00:22:26,839 --> 00:22:33,400
you know Captain Jack. I think
Spanky Rufus has some of his own in

242
00:22:33,440 --> 00:22:40,559
addition to the ones he does with
Captain Jack. There are poker podcasts,

243
00:22:40,599 --> 00:22:42,599
a number of them. I'm not
up to date on the best ones.

244
00:22:42,759 --> 00:22:51,240
Is that's not my game? The
Richard, do you have anything to recommend

245
00:22:51,279 --> 00:22:55,559
in that area? Well, if
you covered, you covered the bulk of

246
00:22:55,559 --> 00:23:00,799
it. I would also add m
guy Rob Pizzole, who we had on

247
00:23:00,839 --> 00:23:04,599
the show, has a podcast called
Circles Off, which he's a really good

248
00:23:04,640 --> 00:23:12,039
interviewer. It's a it's a sports
betting podcast, but I found it engaging,

249
00:23:12,160 --> 00:23:15,160
even though I'm not a sports better. And the other one that I

250
00:23:15,200 --> 00:23:22,079
would recommend, which isn't really a
how to show but a very entertaining show,

251
00:23:22,319 --> 00:23:26,000
is called Gamblers and it's on The
Ringer, which is, you know,

252
00:23:26,039 --> 00:23:30,519
an offshoot of ESPN of some sort, so he doesn't do that many

253
00:23:30,559 --> 00:23:34,039
episodes. He has like a season. It's run by David Hill, who's

254
00:23:34,079 --> 00:23:40,359
been on the show, and he'll
do like eight episodes and then you know

255
00:23:40,400 --> 00:23:44,960
it'll be gone for a few months
or whatever. So um, I would

256
00:23:44,960 --> 00:23:49,960
add those those two to the mix. Yeah, and Richards also recommended like

257
00:23:51,079 --> 00:23:56,759
the Freakonomics podcast and a few other
podcasts which are not directly related to gambling

258
00:23:56,880 --> 00:24:02,759
usually, but he's commanded them,
and I assume he's still does. Oh

259
00:24:02,839 --> 00:24:06,079
yeah, absolutely, yeah. I
have lots of other podcasts I could recommend,

260
00:24:06,119 --> 00:24:11,839
but that aren't gambling related. Okay, what is the biggest life lesson

261
00:24:11,960 --> 00:24:17,480
that you've learned while gambling? Not
so much gambling, but life lessons.

262
00:24:17,599 --> 00:24:22,359
So my advice on that is to
take care of yourself healthwise and LifeWise.

263
00:24:22,599 --> 00:24:29,680
Stop smoking, manage your weight,
exercise lots of water. Being vaccinated is

264
00:24:29,720 --> 00:24:34,160
a smart thing to do, whatever
your politics. Maintain relationships with other humans,

265
00:24:36,039 --> 00:24:41,559
even if you're a solo road warrior. Findet zoomed that interests you.

266
00:24:41,759 --> 00:24:48,119
I participate in a Toastsbaster group out
of Iowa. They still have it on

267
00:24:48,200 --> 00:24:52,759
Zoom. They started. They've been
around forever, but they started Zoom podcasts

268
00:24:52,839 --> 00:24:59,279
they're still doing them. So I've
never met any of the people personally,

269
00:25:00,160 --> 00:25:07,119
although I know one from another podcast. But I now I'm kind of in

270
00:25:07,240 --> 00:25:11,519
relationship with fifteen people who are interesting
who I've ever met, but I certainly

271
00:25:11,559 --> 00:25:15,880
know what they look like and what
their life's all about. Having an interest

272
00:25:15,920 --> 00:25:23,200
in other people, it's probably important
consider volunteering. Branch out. Don't be

273
00:25:23,279 --> 00:25:32,599
the one trick pony, either in
gambling or in life Richard. So life

274
00:25:32,680 --> 00:25:38,200
lessons from the show or from gambling, The two that stick out or three

275
00:25:38,279 --> 00:25:45,200
that stick out to me are learned
to look at life in terms of expected

276
00:25:45,319 --> 00:25:52,480
value, like really understand what expected
value is and apply that to other things

277
00:25:52,920 --> 00:25:59,640
in your life. Another one is, man, I cannot say this enough

278
00:25:59,680 --> 00:26:03,599
time, sort of stressed enough.
Your success is going to be determined by

279
00:26:03,880 --> 00:26:11,799
your network and how hard you work. It's just then your network is so

280
00:26:11,119 --> 00:26:17,960
incredibly important. And as I mentioned
on the last Mailbag show, one of

281
00:26:17,960 --> 00:26:23,279
the greatest benefits of this show to
me was it expanded my network so much

282
00:26:23,640 --> 00:26:30,160
by meeting people I never would have
met otherwise, so and it just makes

283
00:26:30,480 --> 00:26:37,480
me anyway happier because I have more
people that I interact with in interesting,

284
00:26:37,519 --> 00:26:42,680
in creative ways. So those are
the two to jump out at me.

285
00:26:44,359 --> 00:26:49,680
Yeah, I definitely agree with that. Now, Richard likes people more than

286
00:26:49,720 --> 00:26:53,799
I like people, and so it
is easier for he has been so much

287
00:26:53,839 --> 00:27:00,440
more successful at networking than I ever
have. But I do believe believe that

288
00:27:00,559 --> 00:27:07,480
my life works better when there's at
least some other human interaction, and both

289
00:27:07,559 --> 00:27:15,119
on a professional and a personal level
or another Yeah, I'm sorry, go

290
00:27:15,160 --> 00:27:22,880
ahead, finish your thought. No, go ahead. I also would add

291
00:27:22,240 --> 00:27:26,599
I'm a big fan of quitting,
So when things are not working, quit

292
00:27:29,720 --> 00:27:34,119
So I think people get stuck in
ruts where they feel like I can't quit.

293
00:27:34,160 --> 00:27:40,119
I've got a mortgage or I I
for whatever reason. But if you're

294
00:27:40,160 --> 00:27:44,240
not happy doing what you're doing,
then just stop and do something else.

295
00:27:44,720 --> 00:27:48,960
You won't starve, You'll find another
job or whatever it is. But life

296
00:27:48,000 --> 00:27:52,759
is too short to hate. I
really like the Anti Duke book on called

297
00:27:52,839 --> 00:27:59,200
Quitting or Quit about some guidelines of
when it does make sense to quit and

298
00:27:59,200 --> 00:28:04,200
when it doesn't, and having a
good quitting strategy makes a lot of sense,

299
00:28:04,880 --> 00:28:07,880
all right. Next question. About
a year ago, I met some

300
00:28:07,920 --> 00:28:11,599
fellowayps who used to play black deck, but they told me they started building

301
00:28:11,640 --> 00:28:17,359
players cards for free play. They
started getting me into it, but it

302
00:28:17,480 --> 00:28:21,480
soon turned me into working for them, where I would gather all their free

303
00:28:21,480 --> 00:28:26,559
play for them off of multiple cards. They assured me it wasn't illegal,

304
00:28:26,640 --> 00:28:30,519
but after seeing all the money it
was producing and made me feel pretty uncomfortable,

305
00:28:30,240 --> 00:28:33,920
I recently told him I wasn't going
to be doing this anymore, but

306
00:28:33,000 --> 00:28:37,519
I kind of figured that activity.
A lot of people are doing this and

307
00:28:37,680 --> 00:28:41,839
wanted to know from you guys if
this kind of activity was legal or not,

308
00:28:41,519 --> 00:28:47,079
or had any sage advice as to
how to proceed would leave my conscious

309
00:28:47,279 --> 00:28:52,160
feeling better. Now. I do
play on my wife's card where it's allowed

310
00:28:53,200 --> 00:28:57,039
or where I have not typically been
told not to do it, which has

311
00:28:57,039 --> 00:29:02,680
happened in a few places, But
in general playing on somebody else's card,

312
00:29:02,920 --> 00:29:07,640
especially several other person's cards, I
believe it's fraud. There are a lot

313
00:29:07,680 --> 00:29:11,039
of listeners to this podcast who do
it. I'm not a fan. This

314
00:29:11,119 --> 00:29:15,680
is an AP move, but it
is also, in my opinion, cheating.

315
00:29:18,119 --> 00:29:23,000
I would just add that it may
be illegal in some places and not

316
00:29:23,079 --> 00:29:30,599
others. But even if it is
not illegal, I know quite a number

317
00:29:30,640 --> 00:29:33,240
of people who have been arrested for
it, and some charged for it,

318
00:29:33,359 --> 00:29:38,559
and some who had to plead guilty
to some charges for it. So it

319
00:29:40,279 --> 00:29:45,319
is it is something you have to
realize there is risk involved, and they're

320
00:29:45,319 --> 00:29:49,480
giving you the risky part, right, You're the one going in with the

321
00:29:49,559 --> 00:29:56,400
multiple cards to pick up the money. So yeah, I would definitely not

322
00:29:56,519 --> 00:30:02,759
be doing it for somebody else unless
they're I mean, even if they were

323
00:30:02,759 --> 00:30:06,240
paying me a lot a big chunk
of the of the money. Often you

324
00:30:06,279 --> 00:30:10,759
know they're paying people ten percent or
twenty percent to go pick up the free

325
00:30:10,799 --> 00:30:15,319
play. You know. I think
it's I think it's crazy. All right.

326
00:30:15,279 --> 00:30:21,599
What do you both predict for the
future of AP Richard, Well,

327
00:30:21,599 --> 00:30:26,559
I've said this on the air a
number of times. I predict that ten

328
00:30:26,640 --> 00:30:33,480
years from now there may be no
live casino games anymore. That it'll all

329
00:30:33,559 --> 00:30:44,400
be machines, and it will be
impossible to play anonymously because places they're already

330
00:30:44,519 --> 00:30:48,839
restaurants and things like that that will
not accept cash. It's eventually it'll be

331
00:30:48,960 --> 00:30:53,799
casinos that won't accept cash. It'll
be some something on your phone or some

332
00:30:53,920 --> 00:31:00,400
device that hasn't been invented yet where
you will get your money into play through

333
00:31:00,400 --> 00:31:04,839
that device, and because of that, they will have all your information.

334
00:31:06,799 --> 00:31:14,319
So for the vast majority of people, AP will be dead. But sharp

335
00:31:14,440 --> 00:31:19,039
aps are always going to find ways
to beat games. I at least I

336
00:31:19,079 --> 00:31:26,200
believe that even if you can't be
anonymous, and even if there's no cash,

337
00:31:26,480 --> 00:31:30,880
sharp players are going to find a
way to beat games. Yeah,

338
00:31:30,920 --> 00:31:37,039
it's a mindset. I mean it's
yeah. It might not be card counting,

339
00:31:37,160 --> 00:31:41,000
it might not be video poker.
Who knows what it'll be. I

340
00:31:41,039 --> 00:31:47,599
mean, nobody thought they'd be out
playing slots full time twenty years ago.

341
00:31:48,799 --> 00:31:55,440
But that's a thing, right,
So things change and you adapt or die,

342
00:31:56,079 --> 00:32:00,880
all right, Does anyone still earning
in black jack with automatic shuffle machines

343
00:32:01,759 --> 00:32:07,720
Richard, Well, most of the
people making money in blackjack aren't playing.

344
00:32:08,000 --> 00:32:15,160
I think you mean continuous shuffling machines. Automatic shuffling machines are just machines that

345
00:32:15,240 --> 00:32:19,079
shuffle the cards for you, but
they still deal them out of a shoe

346
00:32:19,160 --> 00:32:22,640
with a cut card and deal,
you know, four decks out of six

347
00:32:22,720 --> 00:32:30,400
or whatever are but continuous shuffling machines, then card counting is mostly dead in

348
00:32:30,440 --> 00:32:35,119
that situation. That doesn't mean that
the game of blackjack can't be beat,

349
00:32:35,680 --> 00:32:40,519
but it is mostly dead for card
counters if all they have is continuous shuffling

350
00:32:40,519 --> 00:32:45,119
machines, like some of the countries
in Europe. But they still might have

351
00:32:45,200 --> 00:32:51,079
whole carding possibilities on these games or
promotions or something. Well yeah, but

352
00:32:51,200 --> 00:32:53,240
not in Europe because they don't take
a whole card. But there might be

353
00:32:53,279 --> 00:33:00,480
other ways to beat the game.
Yeah, all right, what is your

354
00:33:00,480 --> 00:33:07,839
favorite casino game of all time?
Well, I mean, I'm I'm just

355
00:33:08,000 --> 00:33:12,319
tempted to say blackjack, just because
that's where I spent the most amount of

356
00:33:12,319 --> 00:33:15,759
my time. Yeah, well,
you're still debated. Yeah, let me

357
00:33:15,079 --> 00:33:19,839
let me try my answer. For
me, even though I play a lot

358
00:33:19,880 --> 00:33:25,079
of slots these days, video poker
has been the my meat potatoes for almost

359
00:33:25,079 --> 00:33:34,799
thirty years, and for me,
in video poker my favorite. I enjoy

360
00:33:34,960 --> 00:33:39,599
induces while and quick quads more than
other video poker games, but I always

361
00:33:39,720 --> 00:33:47,640
ranked favorite in terms of expected dollars
per hour, and for me for an

362
00:33:47,680 --> 00:33:53,440
extended period of time, that was
always at the MGM Grand in Las Vegas

363
00:33:53,519 --> 00:34:01,359
during my Million Dollars run twenty some
years ago, where they were given away

364
00:34:01,400 --> 00:34:05,599
the store and didn't realize that.
I just kept playing and playing and playing,

365
00:34:05,599 --> 00:34:13,920
and that was definitely something that was
really favorite for me. Yeah,

366
00:34:13,960 --> 00:34:17,800
what's your largest failure in a casino? Did we have this question before?

367
00:34:17,960 --> 00:34:22,239
I thought we answered it? Maybe
not, maybe I just read it.

368
00:34:22,639 --> 00:34:28,599
But anyway, if I've told the
story before, forgive me. But in

369
00:34:28,880 --> 00:34:36,079
nineteen eighty five, there used to
be a magazine called Gambling Times. It

370
00:34:36,119 --> 00:34:45,480
was a monthly magazine and I would
read it religiously. And I saw a

371
00:34:45,599 --> 00:34:51,559
little ad in the back of the
magazine that said they were opening a new

372
00:34:51,639 --> 00:35:00,480
casino in Aruba and they were going
to have single deck. And I immediately

373
00:35:00,960 --> 00:35:04,360
called my friend Daryl, and I
said, Hey, we need to go

374
00:35:04,400 --> 00:35:08,360
to a Ruba. And so I
had found two games. One was in

375
00:35:08,480 --> 00:35:12,119
Through a Sow where they had an
early surrender, and then there was this

376
00:35:12,159 --> 00:35:15,960
game. So we went to Curius
Out first. We got stuck right away

377
00:35:15,639 --> 00:35:22,280
with the early surrender, and so
we ended up there extending our trip and

378
00:35:22,320 --> 00:35:25,000
we didn't have a lot of time
left, so we finally flew over to

379
00:35:25,079 --> 00:35:30,480
a Ruba and we get to a
Ruba and we asked them where's the new

380
00:35:30,519 --> 00:35:34,079
casino, and they send us to
a place and we go there and there's

381
00:35:34,119 --> 00:35:38,400
no single deck, and so we
go scout all the other casinos on the

382
00:35:38,400 --> 00:35:45,360
island and it's not there. It
was all a false alarm. So we

383
00:35:45,480 --> 00:35:50,880
lost this money and we head back
to Vegas and I later found out that

384
00:35:51,719 --> 00:35:55,440
there was a casino that we missed
somehow. It was not right on the

385
00:35:55,440 --> 00:36:00,920
beach and we did not find it. And the guy who did find it

386
00:36:01,440 --> 00:36:06,239
was able to win three hundred thousand
dollars on that game before they kicked him

387
00:36:06,239 --> 00:36:10,880
out, and those are nineteen eighty
five dollars. And so that was my

388
00:36:12,000 --> 00:36:15,920
biggest failure, the fact that we
did not find that game, knowing that

389
00:36:15,960 --> 00:36:22,159
we were going there specifically to look
for that game. All Right, what

390
00:36:22,360 --> 00:36:25,519
is the single best piece of gambling
advice you could give to an up and

391
00:36:25,559 --> 00:36:30,599
coming gambler. Well, I think
we just kind of covered that a couple

392
00:36:30,599 --> 00:36:37,840
of questions ago. But the best
piece of advice is think about things in

393
00:36:37,960 --> 00:36:44,559
terms of expected value, and your
success will be determined by your network and

394
00:36:44,679 --> 00:36:50,239
how hard you were. Yeah,
I'm thinking the person who sent this question

395
00:36:50,480 --> 00:36:57,320
is wants to know how to get
rich without doing any work, and I

396
00:36:57,360 --> 00:37:00,320
don't know how to do that.
Yeah, good luck with that, all

397
00:37:00,360 --> 00:37:05,239
right, Where you're going to have
our last commercial break and we have poor

398
00:37:05,320 --> 00:37:08,519
questions before we wait, you know
what, wait just a second, I

399
00:37:08,559 --> 00:37:16,840
have one more piece of advice.
Conventional wisdom is maybe conventional, but it's

400
00:37:16,880 --> 00:37:23,320
not wisdom. I think there is
money to be made in areas where people

401
00:37:23,360 --> 00:37:28,719
say, oh, well, you
can't do this, and and sometimes those

402
00:37:28,760 --> 00:37:34,280
are the areas you need to go
really investigate because you won't have competition if

403
00:37:34,320 --> 00:37:37,239
you find a way to do what
everybody tells you you can't do. So

404
00:37:37,760 --> 00:37:45,119
just you know a couple examples or
one example of that is it used to

405
00:37:45,159 --> 00:37:50,440
be, you know, when six
to five came out, people were just

406
00:37:50,599 --> 00:37:53,239
like, oh, this is horrible, the death of blackjack, and you

407
00:37:53,280 --> 00:37:58,360
know, nobody should ever play six
to five. And there were a lot

408
00:37:58,400 --> 00:38:02,800
of players who made lots of money
playing six to five because they didn't listen

409
00:38:02,840 --> 00:38:09,039
to the conventional wisdom. Another example
was every time somebody brought up computers on

410
00:38:09,159 --> 00:38:14,960
the old BJ twenty one, Stanford
Wong and a whole list of guys would

411
00:38:15,000 --> 00:38:21,079
immediately say that's illegal, you'll go
to jail. Well, it was illegal

412
00:38:21,159 --> 00:38:27,400
in Nevada, that didn't mean it
was illegal everywhere. And so again,

413
00:38:27,639 --> 00:38:31,480
you know, people who did not
listen to the conventional wisdom were able to

414
00:38:31,480 --> 00:38:37,679
play with computers and places where it
was still legal. So just one more

415
00:38:37,719 --> 00:38:43,000
piece of advice, and ploppies,
those options are not available to ploppies.

416
00:38:43,119 --> 00:38:50,639
I'm assuming ploppies mean you know nothing
about advantage gambling, and what Richard's talking

417
00:38:50,679 --> 00:38:57,320
about is pretty sharp players looking for
new ways on top of the old ways.

418
00:38:57,360 --> 00:39:01,239
But they're really well versed in the
old ways, so it may not

419
00:39:01,360 --> 00:39:07,760
be thing. So you got to
learn some stuff before you're able to do

420
00:39:07,800 --> 00:39:13,119
these things, all right, Richard
vans to lead off the commercials Okay,

421
00:39:13,159 --> 00:39:16,239
if you're serious about card counting,
the Blackjack Apprenticeship membership is a great way

422
00:39:16,280 --> 00:39:20,800
to learn, train, network,
and get the resources you need to succeed.

423
00:39:21,320 --> 00:39:23,840
We've had quite a few guests on
Gambling with an Edge who exclusively trained

424
00:39:23,880 --> 00:39:29,760
and got their start through Blackjack Apprenticeship. Check out the website at Blackjack apprenticeship

425
00:39:29,800 --> 00:39:34,119
dot com. They have member forums, training software, and guides to help

426
00:39:34,119 --> 00:39:37,480
you learn. That's Blackjack Apprenticeship dot
com and you will find a link in

427
00:39:37,519 --> 00:39:42,800
the show notes. Video Poker dot
com is the best place to play lots

428
00:39:42,800 --> 00:39:45,440
of games if you sign up for
the goal membership eight ninety five a month

429
00:39:45,559 --> 00:39:50,639
or seventy nine nine five a year. This allows you to get correction on

430
00:39:50,679 --> 00:39:54,280
most of the games. Game of
the week is split card poker. It's

431
00:39:54,320 --> 00:39:58,880
the ten coins per line game where
periodically on the deal of the drawing,

432
00:39:59,000 --> 00:40:02,760
not both, you receive a split
card. A split card may be any

433
00:40:02,800 --> 00:40:07,800
card. Once the split card is
chosen, the additional card may be,

434
00:40:08,159 --> 00:40:14,079
with equal probability the same card card
one rank lower or one rank higher.

435
00:40:14,199 --> 00:40:17,360
For example, if the Ace of
Clubs is a split card, it's equally

436
00:40:17,400 --> 00:40:22,239
likely to be from the eighth King
of Clubs, the Ace Duca Clubs,

437
00:40:22,400 --> 00:40:27,199
or two Aces of Clubs. The
only pay schedule addition is five of a

438
00:40:27,360 --> 00:40:34,000
kind on non wild card games and
five duces on duces wild variations. And

439
00:40:34,159 --> 00:40:40,760
before we leave this, videopoker dot
Com is the only sponsor who has been

440
00:40:40,800 --> 00:40:46,679
with us since day one, and
we are extremely grateful for that. South

441
00:40:46,719 --> 00:40:52,199
Point Casino this four months short of
that and we're also grateful for them as

442
00:40:52,239 --> 00:40:57,880
well. They quit at the end
of the year are and last year,

443
00:40:58,199 --> 00:41:04,000
but we thank all of our answers
and without them we couldn't have done this.

444
00:41:04,480 --> 00:41:13,599
And our news sponsors are you know, Unabated and Blackjack Apprenticeship, and

445
00:41:14,679 --> 00:41:17,519
they're certainly willing for us to keep
going. But we kind of run out

446
00:41:17,559 --> 00:41:24,519
of teams, so let's here one
more for okated. Everyone seems to be

447
00:41:24,559 --> 00:41:28,920
talking about sports betting lately. If
you are looking to learn more about how

448
00:41:28,960 --> 00:41:31,880
you can profit from the sports betting
gold rush, than unabated dot Com is

449
00:41:31,920 --> 00:41:37,400
a great resource for you. Founded
by frequent gambling with an Edge guests Captain

450
00:41:37,480 --> 00:41:42,559
Jack and Rufus Peabody, unabata dot
Com has free educational articles and an odd

451
00:41:42,679 --> 00:41:46,039
screen to help you shop lines if
you bet props, They're essentials. Tier

452
00:41:46,239 --> 00:41:52,320
has projections and simulators you won't find
elsewhere. Premium Tier membership adds an array

453
00:41:52,320 --> 00:41:58,400
of pricing calculators in game tools and
the most advanced real time odd screen available.

454
00:41:58,880 --> 00:42:01,400
Take a trial run with their tools
to decide if unabated dot Com is

455
00:42:01,480 --> 00:42:07,480
right for you. All right,
Have either of you ever advantage played a

456
00:42:07,519 --> 00:42:15,639
carnival game at an actual carnival.
No, I don't think I ever have.

457
00:42:16,800 --> 00:42:22,079
I can think of one example where
I did. I probably was eighteen

458
00:42:22,159 --> 00:42:31,880
or nineteen years old and with my
first real girlfriend, and we both were

459
00:42:31,880 --> 00:42:37,760
Sunday school teachers at the local Methodist
church, and so they took all so

460
00:42:37,800 --> 00:42:43,079
we kind of chap broke a group
of kids who went to a carnival and

461
00:42:43,239 --> 00:42:47,679
they had a fire a gun and
hit a target and if you can knock

462
00:42:47,679 --> 00:42:52,559
go the target, you get a
free teddy bear. So Gretchen Toby she'd

463
00:42:52,559 --> 00:42:58,639
like a teddy bear. So it
didn't look that hard. So I went

464
00:42:59,000 --> 00:43:04,360
and went up there, and they
showed me how easy it was, and

465
00:43:04,400 --> 00:43:08,400
they just like tipped it with a
long stick and fell right over, And

466
00:43:08,440 --> 00:43:14,559
then they put it back up there
again and had me shoot, and even

467
00:43:14,559 --> 00:43:17,079
if I bet again, they would
let me use the stick to push it

468
00:43:17,159 --> 00:43:23,079
over. And of course it didn't
work because but I noticed the thing I

469
00:43:23,199 --> 00:43:31,639
had to tip over had it it
was lopsided, and if the the fat

470
00:43:31,719 --> 00:43:37,920
side, then when you tip the
top it just falls over and but doesn't

471
00:43:37,960 --> 00:43:42,079
fall off the shelf. And if
you if the fat side is behind,

472
00:43:42,159 --> 00:43:46,800
then when you tip the top it
actually falls into the hole. So um,

473
00:43:47,239 --> 00:43:52,159
but I noticed that it had a
I noticed the spot, and when

474
00:43:52,239 --> 00:43:55,000
they did it to show me how
easy it was, the spot wasn't there.

475
00:43:55,639 --> 00:44:00,400
And when I had to do what
the spot was there. So after

476
00:44:00,440 --> 00:44:04,639
I had the stick to they just
allowed me to push it over if I

477
00:44:04,719 --> 00:44:08,199
paid for the bet. Then I
said, you need to turn it around

478
00:44:08,639 --> 00:44:15,440
because you're cheating, and if you
turn it around, I'll tell everybody how

479
00:44:15,440 --> 00:44:21,119
are you cheating them? So they
turned it around and let me push it

480
00:44:21,159 --> 00:44:24,639
over with the thing and I got
Gretchen a Teddy Bear. So um,

481
00:44:25,880 --> 00:44:30,760
I have no idea where that teddy
Bear is today. I suspect it is

482
00:44:30,800 --> 00:44:37,400
long gone, but I have not
seen Gretchen for sixty years and Teddy Bear

483
00:44:37,480 --> 00:44:42,199
either. All Right, you said
that the worst thing you can do with

484
00:44:42,280 --> 00:44:45,800
the promotional match wager is to get
on Roulette and have one person place their

485
00:44:45,880 --> 00:44:50,400
match bet on red and the other
place at the same wager on black,

486
00:44:50,440 --> 00:44:53,679
and then split the wind if the
wind happens. It took I took my

487
00:44:53,719 --> 00:44:59,159
friends to be acclaim and using Southwest
promotion that has been mentioned on the show.

488
00:44:59,239 --> 00:45:01,960
Thank you very much, and my
buddy who rare. Hambles took the

489
00:45:02,000 --> 00:45:07,800
advice from the group DGEN to use
the strategy attempt to talk both out of

490
00:45:07,800 --> 00:45:13,280
it, and alluded to the show
saying they're better off placing it on number

491
00:45:13,400 --> 00:45:16,480
or numbers. The DGEN said,
but this is a sure thing. Um

492
00:45:17,400 --> 00:45:22,000
well it hit green, so I
felt validated. Can you explain this again

493
00:45:22,519 --> 00:45:25,559
so I can share with them?
Or in what episode can I find this

494
00:45:25,679 --> 00:45:32,159
information? Oh, we don't want
to spend their last episode talking about math.

495
00:45:34,119 --> 00:45:39,320
Uh yeah, I don't. I
don't remember what episode it was in.

496
00:45:39,480 --> 00:45:44,599
But you know, people like that, I think you're better off not

497
00:45:44,679 --> 00:45:50,519
even trying to or or you know, a better thing is whatever they think

498
00:45:50,559 --> 00:45:54,719
they're guaranteed to win, offer them
that amount of money to buy the coupon

499
00:45:54,880 --> 00:45:59,519
from them, and then better the
right way and earn the extra EV.

500
00:46:00,559 --> 00:46:06,199
Yeah, and you know, one
one thing about EV is you can lose

501
00:46:06,719 --> 00:46:13,199
on this particular If you're really concerned
about winning this particular time, then yeah,

502
00:46:13,320 --> 00:46:16,840
taking the guarantee is worth something.
But if you're in this game for

503
00:46:17,920 --> 00:46:23,159
a length of time, winning this
particular time is not so important. It's

504
00:46:23,199 --> 00:46:29,760
how you do over over the year, over your lifetime that matters. Also,

505
00:46:29,880 --> 00:46:32,760
by the way, most places will
not allow you to bet those coupons

506
00:46:32,840 --> 00:46:37,480
on a single number, so it
may not have even been an option.

507
00:46:37,320 --> 00:46:44,559
Yeah, And when when I play
at the d with my those coupons,

508
00:46:44,639 --> 00:46:50,159
I use it on the it's the
gambling pass line, just the craps pass

509
00:46:50,239 --> 00:46:58,159
line, and it's resolved fairly quickly. I win my forty nine percent of

510
00:46:58,239 --> 00:47:04,480
the time that are supposed to and
it works out fine. And so they

511
00:47:04,800 --> 00:47:07,360
can you can have a lot of
these coupons all at once. You get

512
00:47:07,440 --> 00:47:14,320
two every two every time you show
your pet. In addition to Southwest,

513
00:47:14,360 --> 00:47:20,519
they also will accept boarding passes from
Spirit Airlines, and so you can do

514
00:47:20,599 --> 00:47:22,960
it every time you come to Vegas. As long as you flew on one

515
00:47:23,000 --> 00:47:27,519
of those airlines, you get two
of these twenty five dollars match play cupons.

516
00:47:28,039 --> 00:47:31,719
So if there's two of you,
that's four coupons for all right.

517
00:47:34,559 --> 00:47:37,760
And when I play, I'm also
playing someone slots at the same time.

518
00:47:38,199 --> 00:47:44,360
I'm not going in there just to
collect the bonus. If I'm in there

519
00:47:44,920 --> 00:47:46,920
and they and I have to go
to booth to collect it, I make

520
00:47:47,000 --> 00:47:52,519
sure they have play on my card
on day, all right. Next question

521
00:47:53,159 --> 00:47:57,920
I'm a new listener and very much
enjoy your podcast. I played Black Teck

522
00:47:58,000 --> 00:48:01,079
for years and have recently tried high
local hard counting system and, being honest

523
00:48:01,119 --> 00:48:06,519
with myself with my attention deficit disorder, I found the hours on end concentration

524
00:48:06,599 --> 00:48:10,159
remark successfully implement the system is just
too much for me. Instead, I'm

525
00:48:10,159 --> 00:48:15,239
playing perfect basic strategy at the most
busy table I can find while playing rated

526
00:48:15,920 --> 00:48:20,199
with casino comps. I'm actually playing
very close to break even and having fun

527
00:48:20,280 --> 00:48:24,119
doing so. My question is is
there any advice for lowering the house edge

528
00:48:24,159 --> 00:48:30,239
further than what I'm already doing without
using a professional card counting system. My

529
00:48:30,360 --> 00:48:35,639
interested is being the smartest gambler I
possibly can, given that card counting is

530
00:48:35,679 --> 00:48:39,800
too tough for me. Well,
I would say probably there were There are

531
00:48:39,880 --> 00:48:44,800
things you could do. I assume
you're playing double deck, which is going

532
00:48:44,800 --> 00:48:49,239
to give you the lower house edge
than the shoe games, and there are

533
00:48:49,320 --> 00:48:53,599
some kind of combinations of cards that
would give you a tiny amount, but

534
00:48:54,119 --> 00:49:01,800
better would be to try to fool
them on your size of your bet and

535
00:49:01,880 --> 00:49:07,639
the amount you're playing. So Comps
City is a book we've talked about a

536
00:49:07,679 --> 00:49:12,239
lot by Max Rubin, And the
idea is your comps are based on your

537
00:49:12,320 --> 00:49:19,239
average bet and the amount of time
you're playing. So if you can convince

538
00:49:19,320 --> 00:49:23,559
them that you're betting more than you
really are and that you're playing more longer

539
00:49:23,599 --> 00:49:30,400
than you really are, that will
lower the amount that you're giving to the

540
00:49:30,440 --> 00:49:37,320
casino and EV but get you more
in comps. So the ways to do

541
00:49:37,400 --> 00:49:40,760
that are to bet more when the
pit boss is over there filling out the

542
00:49:40,880 --> 00:49:47,239
rating card and then lower your bets
when he walks away, and taking frequent

543
00:49:47,320 --> 00:49:54,320
bathroom breaks, doing things like getting
to the table before they're going to change

544
00:49:54,360 --> 00:49:58,639
the cards, because it always takes
time for them to go through all the

545
00:49:58,719 --> 00:50:01,159
decks and change the cards, and
you're on the clock while that's happening.

546
00:50:01,719 --> 00:50:09,119
So yeah, those are the things
that can increase your comps and lower the

547
00:50:09,159 --> 00:50:16,760
amount of EV you're giving the casino. Right, last question about video poker,

548
00:50:17,400 --> 00:50:22,440
I've recently started practicing on my phone, and when trying to play quickly,

549
00:50:22,480 --> 00:50:24,639
I occasionally hold a face car to
throw away a low pair just by

550
00:50:24,679 --> 00:50:29,039
accident, but it will make me
feel better if they don't see an additional

551
00:50:29,079 --> 00:50:31,719
low card of the same value on
the draw because I figured it wouldn't have

552
00:50:31,800 --> 00:50:36,440
hit a three or four of a
kind with that car. Is this the

553
00:50:36,519 --> 00:50:40,199
correct mentality or would the draw be
different had I kept the pair? I

554
00:50:40,239 --> 00:50:45,039
figure out I'm wrong, But it
does make me feel better about making a

555
00:50:45,119 --> 00:50:51,719
mistake. Well, I'm glad it
makes you feel better whatever. Whenever that

556
00:50:51,800 --> 00:50:57,320
happens to me, I slow down. Usually such mistakes are made by playing

557
00:50:57,320 --> 00:51:01,280
too fast. These airs add up, which can mean the game you thought

558
00:51:01,280 --> 00:51:08,320
you were playing with advantage you aren't. So whatever card you actually hit on

559
00:51:08,400 --> 00:51:14,039
this practice on your phone, you
have no bearing on anything. That's not

560
00:51:14,159 --> 00:51:16,920
really a payoff window. And when
you're playing, if you make this mistake

561
00:51:16,920 --> 00:51:22,480
in a casino, it's the cards
are still shuffling, and so the actual

562
00:51:22,559 --> 00:51:25,840
cards that you get after holding the
single high card are going to be different

563
00:51:25,840 --> 00:51:30,400
than the ones you you got if
you if you held it a tick slower.

564
00:51:30,559 --> 00:51:37,519
So basically, slow down and you'll
be And so we're at the end.

565
00:51:37,320 --> 00:51:43,400
Do you have any last words for
our listeners, Richard, Just that

566
00:51:43,480 --> 00:51:52,440
it's been a pleasure. I started
August of twenty eleven, so twelve years

567
00:51:52,440 --> 00:51:58,119
ago, almost twelve years, and
it's just it's been great. I've learned

568
00:51:58,159 --> 00:52:01,599
a lot, met a lot of
great people. So yeah, I've really

569
00:52:01,719 --> 00:52:07,559
really enjoyed my time doing this.
Yeah, and I started six months before

570
00:52:07,599 --> 00:52:14,559
that where Frank Niela was my co
host for a while. And I've learned

571
00:52:14,599 --> 00:52:21,719
a lot and I appreciate the I've
become. I become less of a pariah.

572
00:52:21,840 --> 00:52:29,039
Since I started this, I have
historically had lots of bad um things

573
00:52:29,079 --> 00:52:35,719
written about me in various blogs,
various Internet forums. And since I started

574
00:52:35,760 --> 00:52:40,079
the show and people have gotten to
know me more. Um, a lot

575
00:52:40,119 --> 00:52:47,599
of the questions still have gone away. The still on I'm not the I

576
00:52:47,679 --> 00:52:52,159
don't have a lot of fans on
blackjack discord. I understand that, and

577
00:52:52,199 --> 00:52:55,800
they still trash me regularly, but
um wait, they love you. They

578
00:52:55,840 --> 00:53:04,400
love sexualizes and video poker. Okay, shall we say that opinion is not

579
00:53:04,480 --> 00:53:09,880
unanimous over there. But uh,
but I've enjoyed it. I've grown a

580
00:53:09,880 --> 00:53:19,119
lot as a knowledge wise UM have
now accepted as a wise senior citizen of

581
00:53:19,280 --> 00:53:25,559
in the gambling world, which is
um not a bad position to be in.

582
00:53:28,760 --> 00:53:31,400
I continue to get invited to the
Blackjack ball, for which I'm grateful.

583
00:53:31,400 --> 00:53:37,840
I enjoy that, even though blackjack
is not my game and getting to

584
00:53:37,880 --> 00:53:45,880
know Richard better has been a plus, and I'm one of my goals is

585
00:53:45,920 --> 00:53:50,679
to stay in touch with him even
after we end this the good part of

586
00:53:50,679 --> 00:53:54,119
my network, well, thank you
all our listeners for this. Thank you

587
00:53:54,239 --> 00:54:00,079
Richard. Go out and hit a
royal flush everybody. Good day to
