1 00:00:08,519 --> 00:00:13,039 Good afternoon. You're listening to Gambling with an Edge. Now here are your 2 00:00:13,080 --> 00:00:18,280 host, Bob d Answer and Richard Lunchkin. Good afternoon, Welcome to Gambling 3 00:00:18,320 --> 00:00:22,120 with an Edge, John, Bob Answer, and I'm Richard Lunchkin. Today 4 00:00:22,239 --> 00:00:28,800 is another mailback show. Richard and I are answering questions from you submitted via 5 00:00:29,559 --> 00:00:35,240 several sources. First question, I have a question for Bob. I'm a 6 00:00:35,359 --> 00:00:40,439 lot hustler while I get some okay mailers from my local shops. The amount 7 00:00:40,479 --> 00:00:46,359 I earned from positive games absolutely dwarfs the amount I earned from mailer's cashback comps. 8 00:00:47,119 --> 00:00:51,479 It's probably a ninety eight percent to two cents split for me personally, 9 00:00:52,200 --> 00:00:56,719 ninety eight from playing positive state games and two percent from comps. Here's my 10 00:00:56,840 --> 00:01:03,200 question in your EIGHTP careers, what percentage your income roughly was split between positive 11 00:01:03,280 --> 00:01:07,920 EV games and casino comps? Bob? Could you answer the question in two 12 00:01:07,920 --> 00:01:14,319 parts? When I was playing primarily VP and now he's gotten into ap slots, 13 00:01:14,480 --> 00:01:19,159 I'm quickly interested in this percentage now that he's playing slots. All right, 14 00:01:19,040 --> 00:01:25,760 this has changed over the years. Back in nineteen ninety six, Treasure 15 00:01:25,799 --> 00:01:30,000 Island, Mirage and others on the Las Vegas Strip offered a point six seven 16 00:01:30,120 --> 00:01:34,079 cash back on ninety six Jackson Better Video Poker. That's ninety nine and a 17 00:01:34,120 --> 00:01:41,599 half percent game. This gives players almost point two off the top. Monthly 18 00:01:41,680 --> 00:01:45,760 promotions where they gave away hundreds of thousands of dollars to invited guests who earn 19 00:01:45,840 --> 00:01:52,599 tickets starting Thursday midnight to the seven pm Saturday drawing for about fifteen thousand dollars 20 00:01:52,640 --> 00:01:55,799 coin in, which was less than one hour on a five dollars machine, 21 00:01:56,359 --> 00:02:00,959 you got full RFB. You could delay your Sunday checkout until eight pm or 22 00:02:00,959 --> 00:02:07,079 so, which extended your RFB status until then. The MGM Grand had a 23 00:02:07,120 --> 00:02:10,080 bigger slot club. Venetian and Golden Nugget were in the mix as well. 24 00:02:13,280 --> 00:02:20,560 There was one of these events almost every weekend with a cash ev around two 25 00:02:20,599 --> 00:02:28,120 thousand dollars per weekend per player per casino b with some players eight five hundred 26 00:02:28,120 --> 00:02:31,719 dollars meals every night. Sometimes it was a slot tournament giving away the money 27 00:02:31,759 --> 00:02:36,240 so you didn't have to be there for the party afterwards to collect your prices. 28 00:02:37,879 --> 00:02:39,919 That way, you could participate in more than one event per weekend. 29 00:02:40,719 --> 00:02:45,240 I hadn't played the Caesar's property at that time, simply because I didn't have 30 00:02:45,360 --> 00:02:49,520 enough time. Back then, it was fairly rare for video poker players to 31 00:02:49,520 --> 00:02:54,360 be kicked out or restricted from casino. This golden age of video poker promotions 32 00:02:54,439 --> 00:03:00,400 lasted for me anyway until two thousand and one, when I was reading from 33 00:03:00,439 --> 00:03:04,719 all MGM properties, which you had bought half the properties on the strip by 34 00:03:04,759 --> 00:03:08,400 then. Gradually all the slot clubs began to pay less, and you sometimes 35 00:03:08,439 --> 00:03:13,599 got mailers in the mail, and it became common for winning players to be 36 00:03:13,639 --> 00:03:17,479 shown the door or restricted in one or more ways. The games themselves for 37 00:03:17,639 --> 00:03:23,479 high denominations anyway, we're almost never in excess one hundred percent, so you 38 00:03:23,520 --> 00:03:27,919 needed the slot club in various promotions to be in excess. There were several 39 00:03:28,039 --> 00:03:31,919 years when I was down one hundred thousand or so on the machines, but 40 00:03:32,000 --> 00:03:37,599 it had three or four hundred thousand in cash back promotions and drawings. My 41 00:03:37,759 --> 00:03:40,719 million dollars year. By luck, I was they had more than five hundred 42 00:03:40,759 --> 00:03:47,120 thousand on the machines. That happened exactly one year. It's primarily at ninety 43 00:03:47,199 --> 00:03:52,319 nine and a half percent games, plus there was all the other stuff when 44 00:03:52,400 --> 00:03:54,919 we played at the MGM Grand their awards were bigger. In addition to this, 45 00:03:55,039 --> 00:03:59,560 we were able to monetize a whole lot of rooms. Meals, fight, 46 00:03:59,680 --> 00:04:02,319 choke, if it's, et cetera. I couldn't tell you what percentage 47 00:04:02,319 --> 00:04:05,879 came from the games or what percentage came from the other If I had to 48 00:04:05,879 --> 00:04:13,520 come open the number, I'd say maybe if our average total was one hundred 49 00:04:13,560 --> 00:04:17,720 percent, the video poker turned out to be a minus twenty five percent, 50 00:04:18,360 --> 00:04:21,839 and the other stuff was worth a positive one hundred and twenty five percent, 51 00:04:23,480 --> 00:04:27,720 which gave us their totals video poker. A couple decades later, the games 52 00:04:27,759 --> 00:04:31,519 are tighter, slot clubs are smaller. They still have drawings and promotions, 53 00:04:31,519 --> 00:04:35,879 and mailers are a part of the mix. There's a lot fewer full time 54 00:04:36,000 --> 00:04:41,040 video poker professionals, simply because they aren't as welcome as they used to be 55 00:04:41,519 --> 00:04:46,000 and the good conditions don't exist anymore. There used to be a whole slew 56 00:04:46,079 --> 00:04:49,279 of quarter full payd deuces wild players who can make ten dollars an hour or 57 00:04:49,279 --> 00:04:55,240 so, which will nicely supplement their many care or requirement checks. Not so 58 00:04:55,360 --> 00:04:59,279 many of those anymore. Is that game has largely disappeared from Las Vegas, 59 00:05:00,000 --> 00:05:02,480 and so far as slots go today, I'm probably not the best one to 60 00:05:02,560 --> 00:05:08,720 ask. Many of the casinos that restricted me from playing video poker years ago 61 00:05:08,959 --> 00:05:13,439 are not interested in removing those restrictions. And when I play slots, so 62 00:05:13,480 --> 00:05:15,399 a lot of places I get no manners at all. I can still play 63 00:05:15,439 --> 00:05:19,680 without a card, and so the vast majority of my sloting can plush from 64 00:05:19,680 --> 00:05:26,000 the games, not the benefits. Yeah. Yeah, for me, it's 65 00:05:26,079 --> 00:05:30,199 like, you know, ninety nine percent the games, and I mean the 66 00:05:30,439 --> 00:05:39,399 vast majority of my playing has been without a card, you know. I 67 00:05:39,439 --> 00:05:41,800 mean, first of all, in the old days there was no card, 68 00:05:41,879 --> 00:05:48,160 and then since the whole slot club thing, for the most part, I 69 00:05:48,199 --> 00:05:54,879 avoided it. There were a couple of years in the late nineties where I 70 00:05:54,959 --> 00:06:00,439 was specifically playing four comps, and that was back in the day when you 71 00:06:00,480 --> 00:06:04,160 know, you could earn ten thousand dollars for the Tyson tickets they gave you, 72 00:06:04,439 --> 00:06:12,879 or many of the casinos were giving you airfare reimbursements, so you know, 73 00:06:12,959 --> 00:06:15,839 you could get go in and pick up a few thousand just in airline 74 00:06:15,879 --> 00:06:20,879 tickets or whatever. But still, as I say, I would guess ninety 75 00:06:20,959 --> 00:06:25,879 nine percent of it is over the table, and you know, maybe one 76 00:06:25,920 --> 00:06:31,240 percent is stuff casino. Maybe even less than one percent is stuff I got 77 00:06:31,279 --> 00:06:38,199 from comps. All right, let's move on. Question asked. I've heard 78 00:06:38,240 --> 00:06:42,319 Bob say in the path how New York state video poker machines are different from 79 00:06:42,319 --> 00:06:46,680 other states. I was hoping you could explain the difference. Okay, I 80 00:06:46,759 --> 00:06:51,519 haven't played in New York, so this is secondhand. As I understand that 81 00:06:51,639 --> 00:06:57,120 the rosinos in New York, which are the ones associated with a racetrack, 82 00:06:57,959 --> 00:07:02,839 there are special state approved measures where the games have a fixed payout. The 83 00:07:02,920 --> 00:07:06,560 game may look like the ninety nine percent game based on the pay schedule, 84 00:07:08,040 --> 00:07:14,560 but the random number generator isn't random in the way that most games are random, 85 00:07:14,600 --> 00:07:18,240 where every unseen card has an equal chance of appearing. The games are 86 00:07:18,279 --> 00:07:23,759 fixed so the players will receive ninety three percent or whatever it is set out. 87 00:07:24,560 --> 00:07:29,199 As I understand that video poker casinos not at race track to New York 88 00:07:29,839 --> 00:07:33,600 are not subject to the same regulation. Right, I believe Washington is the 89 00:07:33,680 --> 00:07:40,839 same way. Yeah, well, yeah, it's it's not random, but 90 00:07:41,560 --> 00:07:47,040 I don't think it's random in the same way I don't think it's and but 91 00:07:47,160 --> 00:07:50,360 I think the rules in Washington are different than the rules in New York. 92 00:07:51,199 --> 00:07:56,879 Okay, now give a question for Richard. Casinos have been battling card counters 93 00:07:56,879 --> 00:08:01,040 for decades, even resorting to illegal measures to keep them from playing. Why 94 00:08:01,040 --> 00:08:07,360 don't casinos just utilize CSMs across the board. Not only would it speed up 95 00:08:07,360 --> 00:08:11,040 the game, but also make card counting useless. Recreational players wouldn't care, 96 00:08:11,199 --> 00:08:16,519 and non recreational players aren't the type of customers the casino wants. Anyway, 97 00:08:16,360 --> 00:08:22,040 seemed like a simple way to avoid the unpleasant legal confrontations associated with barring or 98 00:08:22,199 --> 00:08:30,439 limited aps. Well, that is what's happened in many European casinos. That 99 00:08:30,560 --> 00:08:35,399 is exactly what they've done in Vegas and in the United States. I mean, 100 00:08:35,440 --> 00:08:41,039 it's simple economics. They tried it here in Las Vegas, and they 101 00:08:41,120 --> 00:08:45,279 found that the players just didn't play as much, so their revenue went down. 102 00:08:46,679 --> 00:08:52,720 So they resorted to eight decades with lousy cuts and six to five on 103 00:08:52,840 --> 00:09:00,600 blackjack. But for there for some players, they do not like playing against 104 00:09:00,600 --> 00:09:09,320 the continuous shuffling machines, so the casinos took a lot of them out Okay, 105 00:09:09,360 --> 00:09:13,759 next question, how do you evaluate the return of the mailer on top 106 00:09:13,759 --> 00:09:18,399 of the return of video poker games. Assume you get one hundred dollars free 107 00:09:18,399 --> 00:09:24,759 play per day for the whole month. You discount the whole three thousand dollars 108 00:09:24,759 --> 00:09:28,320 mailer by like twenty to thirty percent, since you could miss some of the 109 00:09:28,399 --> 00:09:35,159 days to pick up the free play. Okay, there are casinos where you 110 00:09:35,159 --> 00:09:37,840 can earn nice mailers, but if you pick them up, it drives down 111 00:09:37,879 --> 00:09:43,039 your daily theoretical to low levels and you don't get any more mailers at such 112 00:09:43,080 --> 00:09:48,480 places. It really only makes sense to pick up the mailer when I'm planning. 113 00:09:48,519 --> 00:09:52,879 I'm playing anyway. Another way to do it is to make one big 114 00:09:52,919 --> 00:09:56,720 play earning the mailers, and then pick up all the mailers with no future 115 00:09:56,759 --> 00:10:01,360 play. If in your exam ample, you might get daily one hundred dollars 116 00:10:01,399 --> 00:10:07,159 for months, daily twenty dollars for the next month, then twenty dollars weekly 117 00:10:07,240 --> 00:10:11,240 for the third month, you wait another month, and then you give them 118 00:10:11,240 --> 00:10:15,480 another big play, creating a new sun of mailers. This works in some 119 00:10:15,559 --> 00:10:18,600 places, not at all. I only count the mailers if I pick up 120 00:10:20,399 --> 00:10:26,159 if I'm playing ninety six jacks. It takes twenty thousand dollars coin in approximately 121 00:10:26,320 --> 00:10:31,720 to lose one hundred dollars in ev you don't mention what else comes along in 122 00:10:31,799 --> 00:10:35,279 the mix. Do you get slock club benefits? Are there a double or 123 00:10:35,320 --> 00:10:39,759 triple points some of the times or their drawings? If you play a million 124 00:10:39,759 --> 00:10:41,720 dollars coin in for the year, do you get a car lease? Whatever? 125 00:10:43,320 --> 00:10:46,600 The mailer is just part of the mix. You have to consider everything, 126 00:10:48,399 --> 00:10:54,600 but the mailer pickup and the play are not really edible because economists call 127 00:10:54,720 --> 00:10:58,480 the first a stock amount, meaning it's fixed, and the second is a 128 00:10:58,559 --> 00:11:03,039 flow aunt that is one hundred dollars. However, many times you pick them 129 00:11:03,120 --> 00:11:07,320 up, they're all hundred dollars. But whether you play nothing or play a 130 00:11:07,360 --> 00:11:11,480 ton, it's still one hundred. The nine six jacks is a game that 131 00:11:11,600 --> 00:11:16,759 bleeds off round numbers an average of fifty dollars of loss per ten thousand dollars 132 00:11:16,799 --> 00:11:20,360 coin in less, but the slot club pays. If anything, if you 133 00:11:20,440 --> 00:11:24,200 play more, you lose more. If you say I'm going to play twenty 134 00:11:24,200 --> 00:11:28,720 five thousand dollars coin in every time I show up, well, that translates 135 00:11:28,720 --> 00:11:33,200 to about one hundred and five dollars lost ev wise in the slot. Let's 136 00:11:33,200 --> 00:11:37,120 the slot club return and now the one twenty five for the play and the 137 00:11:37,159 --> 00:11:41,759 plus one hundred the the mailer are adible, but until you commit to playing 138 00:11:41,759 --> 00:11:48,360 a specific amount, they're not. Next question, My wife and I play 139 00:11:48,399 --> 00:11:54,919 together and switch off periodically without changing whose slot club card is being used? 140 00:11:54,720 --> 00:11:58,399 Question? Is it important to always pull my card and have her insert her 141 00:11:58,399 --> 00:12:03,080 card when we change positions? Can they refuse to pay if she wins when 142 00:12:03,120 --> 00:12:07,960 my card is in? But I'm sitting there just watching. An Indian casino 143 00:12:09,080 --> 00:12:11,440 here in Florida was a little mad about it ten years back when my wife 144 00:12:11,559 --> 00:12:16,600 hit a twenty thousand dollars royal and my card was in, but they did 145 00:12:16,639 --> 00:12:22,799 pay. Okay, different casinos have different rules. I do play on Bonny's 146 00:12:22,799 --> 00:12:26,320 card, usually was her sitting right next to me. If I'm going to 147 00:12:26,399 --> 00:12:28,840 be getting a lot of wpg's onto play, I also checked with the slot 148 00:12:28,840 --> 00:12:35,759 director first. I don't want an after the fact problem. Next question, 149 00:12:37,559 --> 00:12:41,679 I have a question regarding slot machines. Can the casino adjust the machines so 150 00:12:41,720 --> 00:12:48,120 that the bonus payback is less but the line pay is more so the machine 151 00:12:48,159 --> 00:12:52,279 is still paying out let's say eighty seven percent, but the line hits are 152 00:12:52,279 --> 00:12:56,360 bigger than the bonus payoffs. And in my local casino, that Buffalo Diamond 153 00:12:56,440 --> 00:13:01,399 doesn't pay as much as it used to during the three and four X bonuses, 154 00:13:01,919 --> 00:13:05,840 but lots more line pay It's possible that casino noticed the game is beatable 155 00:13:07,039 --> 00:13:13,879 and made changes. My answer might be a difference without a distinction, though 156 00:13:13,879 --> 00:13:18,320 the casinos cannot do that. The program that runs the slot machine is locked 157 00:13:18,360 --> 00:13:24,799 up and isn't accessible to the casinos. But the ca machine manufacturers can certainly 158 00:13:24,840 --> 00:13:31,879 do this, and they do. The manufacturers can offer different versions of the 159 00:13:31,919 --> 00:13:37,440 same game. The casino can choose version to install at their casino. More 160 00:13:37,519 --> 00:13:43,480 likely, manufacturers come out with different releases. If version one point zero wasn't 161 00:13:43,519 --> 00:13:46,720 performing the way the casinos like, the manufacturers will come up with version two 162 00:13:46,759 --> 00:13:52,080 point zero, which is addresses what the casino casinos issues were. The games 163 00:13:52,120 --> 00:13:56,399 can look the same, but they're not. Sometimes it's hard to tell the 164 00:13:56,440 --> 00:14:01,639 different. Sometimes sharp plays can notice that this is version one and that one 165 00:14:01,759 --> 00:14:07,320 version two, and sometimes you can't tell them tell you just see your results. 166 00:14:07,120 --> 00:14:13,639 Next question, I'm as Caesar's Diamond plus member. Working my way to 167 00:14:13,720 --> 00:14:18,799 maintain that status for next year. I've never been to Reno, and I 168 00:14:18,879 --> 00:14:22,840 thought i'd give the Silver Legacy a try. I have a host and I 169 00:14:22,879 --> 00:14:28,000 think I'd like to book a room through her. I'm finding the best flight 170 00:14:28,200 --> 00:14:31,559 to leave Rena would be late in the evening, and I was wondering if 171 00:14:31,559 --> 00:14:35,360 you think or no, it's poor formed a book a room through the following 172 00:14:35,559 --> 00:14:39,399 day, but check out a day early so that I have a room to 173 00:14:39,440 --> 00:14:45,440 relax in if I need it before my evening flight. Do you think checking 174 00:14:45,480 --> 00:14:50,000 out a day early in this fashion for my convenience will be problematic for me 175 00:14:50,320 --> 00:14:54,200 or my host? What would you do when you have a late flight? 176 00:14:56,120 --> 00:15:01,480 Well, I've done what you're suggesting several times. The only difference is that 177 00:15:01,559 --> 00:15:05,600 I asked the host what's the best way to handle it. Sometimes they want 178 00:15:05,639 --> 00:15:07,639 me to send a tech such as check me out a room one, two, 179 00:15:07,679 --> 00:15:11,039 three, four, and they'll do it. If there's any type of 180 00:15:11,159 --> 00:15:16,480 problem with doing that at this particular property, they'll say something like, we'll 181 00:15:16,480 --> 00:15:18,480 do this once for you, but try not to do it in the future 182 00:15:18,519 --> 00:15:24,960 because of blah blah blah and if that happens, you make plans for your 183 00:15:24,960 --> 00:15:31,519 next trip accordingly, but do it openly and tell them why, and usually 184 00:15:31,559 --> 00:15:35,879 the host will work with you. I mean. The other thing is, 185 00:15:35,120 --> 00:15:39,639 how do they know that you left early? Right? If you if you 186 00:15:39,759 --> 00:15:41,720 have a late flight and you stay in the room, or you keep the 187 00:15:41,799 --> 00:15:48,360 room until you know five PM and then just you know, pull the cover 188 00:15:48,480 --> 00:15:52,159 down on the bed and leave. Nobody knows that you're not there until the 189 00:15:52,200 --> 00:15:56,360 next day, and they don't know that you didn't stay there. Yeah, 190 00:15:56,399 --> 00:16:03,799 there are times so that you would like to check out and say, uh, 191 00:16:03,120 --> 00:16:08,120 send this to my host before you use my reward credits to pay for 192 00:16:08,159 --> 00:16:14,519 the pay for the balance, something like that. And if if they check 193 00:16:14,559 --> 00:16:19,799 you out the next day, they just automatically will charge your credit card or 194 00:16:19,799 --> 00:16:26,120 whatever they want without sometimes seeing that you wanted to do a host review. 195 00:16:26,480 --> 00:16:34,320 Got ye, all right? Can you discuss prenups for aps? Well, 196 00:16:34,360 --> 00:16:41,399 I've had not a lawyer and have no legal advice on the subject. It 197 00:16:41,559 --> 00:16:48,039 does doesn't strike me the prenups for aps are inherently different from prenups for any 198 00:16:48,080 --> 00:16:52,600 other professional Richard, do you have a prenup? No? I don't, 199 00:16:52,679 --> 00:16:56,879 and and uh, I, to my knowledge, I don't know anybody. 200 00:16:57,000 --> 00:17:00,919 I mean, you're the first person I just turned say that you had a 201 00:17:00,919 --> 00:17:07,079 prenup. But prior to hearing that, I don't think I knew any apes 202 00:17:07,160 --> 00:17:10,680 that had a prenup. So, but I agree, I don't know why 203 00:17:10,720 --> 00:17:18,000 it would be any different for an apum than anybody else. Um. So 204 00:17:18,039 --> 00:17:22,000 I don't know that I have any advice here, but let's let me wallow 205 00:17:22,000 --> 00:17:26,960 in this a little bit. UM. When I married Shirley back in the 206 00:17:27,000 --> 00:17:37,359 mid nineties, I had considerably considerably more wealth than she did, and both 207 00:17:37,400 --> 00:17:45,640 of us had a history of more than one divorce. So I was I 208 00:17:45,759 --> 00:17:52,799 didn't want a situation where I say I do three months later she changes her 209 00:17:52,799 --> 00:18:03,400 mind and and walks away with half my assets. So I didn't and so 210 00:18:03,480 --> 00:18:11,039 I said no. So with her I set up a deal so that basically, 211 00:18:11,079 --> 00:18:15,240 if she stays married to me for ten years, she gets fifty percent, 212 00:18:17,079 --> 00:18:22,039 Nine years she gets forty five percent, six years she gets thirty percent. 213 00:18:22,720 --> 00:18:26,599 You know, two years she gets ten percent of the combined wealth. 214 00:18:26,359 --> 00:18:32,119 So so if she's going to be there for the long term, well then 215 00:18:32,400 --> 00:18:37,480 fine, she gets half debs and we stayed together seventeen years, and we 216 00:18:40,000 --> 00:18:44,960 our property settlement took us about a half hour, and what didn't involve lawyers, 217 00:18:44,680 --> 00:18:51,160 and so the exact wording of the prenup wasn't really critical. It was 218 00:18:52,000 --> 00:18:55,039 it'd been together long enough that we both knew that it was going to be 219 00:18:55,079 --> 00:19:00,839 fifty fifty and we could either do it quickly or pay lawyers to take a 220 00:19:00,880 --> 00:19:06,799 lot of money. So that was the form where that we used. I 221 00:19:06,839 --> 00:19:11,799 don't know that I recommend that anybody else, and everybody everybody's situation is different. 222 00:19:12,640 --> 00:19:18,359 Next question. A couple of casinos at my local market now allow players 223 00:19:18,400 --> 00:19:22,519 to use cell phones at will, even while sitting and playing hands at the 224 00:19:22,559 --> 00:19:26,519 black check table. The only restriction is you can't point it directly at the 225 00:19:26,559 --> 00:19:30,640 table, but you can look at tech check scores, etcetera. As much 226 00:19:30,640 --> 00:19:33,920 as you want without leaving the table or backing away. I'm new to the 227 00:19:33,960 --> 00:19:40,279 card counting ap world, so it wasn't around the casino environment when cell phones 228 00:19:40,359 --> 00:19:45,559 became commonplace. I've always been curious how big a risk somebody using a cell 229 00:19:45,240 --> 00:19:48,880 at the table really is and why casinos make a big deal about him. 230 00:19:49,240 --> 00:19:53,319 It would seem that if a casino suspected somebody is cheating using a phone, 231 00:19:53,920 --> 00:19:57,960 it would be pretty easy to zoom in on a suspected phone and confirm if 232 00:19:57,960 --> 00:20:03,720 the player was using for anything nefarious. By making players stand up and back 233 00:20:03,759 --> 00:20:08,000 away, they are losing hands and the player could be gambling. And if 234 00:20:08,039 --> 00:20:14,200 someone was cheating, why wouldn't making them stand up and step away? Why 235 00:20:14,200 --> 00:20:18,519 would that make any difference? Am I just oblivious to easy cheating scandals? 236 00:20:18,599 --> 00:20:25,720 Or is this just another case the casinos costing themselves money due to paranoia? 237 00:20:26,279 --> 00:20:30,960 Richard, you have any thoughts on that? Yeah, you're You're exactly right. 238 00:20:30,119 --> 00:20:37,039 The casinos did it because they are paranoid and stupid. And you know, 239 00:20:37,160 --> 00:20:42,200 a smart casino puts chargers at the table to keep people there. You 240 00:20:42,279 --> 00:20:48,200 want to encourage people to take selfies in your casino, not tell them they're 241 00:20:48,200 --> 00:20:53,599 not allowed to photograph, and the casino it's all just stupidity. You're right. 242 00:20:53,680 --> 00:20:56,480 You want to keep the players there as long as possible. You don't 243 00:20:56,480 --> 00:21:00,799 want them to have to step away and get out of hands. I mean, 244 00:21:00,440 --> 00:21:04,279 you know a lot of aps use this to their advantage. When they 245 00:21:04,359 --> 00:21:08,079 don't want to be playing, they can get up and you know, talk 246 00:21:08,119 --> 00:21:11,920 on their phone or check their texts so they can avoid playing when they don't 247 00:21:11,960 --> 00:21:17,160 want to. So you hit the nail on the head. They do it 248 00:21:17,160 --> 00:21:22,000 because they're paranoid and stupid. And by the way, if somebody was cheating 249 00:21:22,039 --> 00:21:25,759 in some way using a cell phone, they're a pretty bad cheat. I 250 00:21:25,799 --> 00:21:30,640 mean, it would be pretty obvious that that's what they were doing. Well 251 00:21:30,680 --> 00:21:40,160 what it un necessarily there could be codes from somebody away from the table and 252 00:21:40,240 --> 00:21:49,079 that relate to your phone that nobody else would could read. Well, I 253 00:21:49,119 --> 00:21:55,799 mean, would that be cheating? If I get a text from somebody who 254 00:21:56,440 --> 00:22:00,519 I don't know what are what are they doing that that my phone is now 255 00:22:00,559 --> 00:22:06,279 just a device to receive a text, it's not a you know what I 256 00:22:06,279 --> 00:22:11,640 mean? And for you to get a text that would be crucial in the 257 00:22:11,680 --> 00:22:17,160 middle of a hand as opposed to I don't know, I'm thinking more. 258 00:22:17,279 --> 00:22:19,519 You know. The kind of stuff that I would hear pit bosses say is 259 00:22:19,960 --> 00:22:25,039 that you know, people could use the phone to count card somehow. Well, 260 00:22:25,079 --> 00:22:30,079 okay, but counting, I mean using using a computer to count cards 261 00:22:30,119 --> 00:22:33,599 on a multiple deck game with a lousy cut is pointless. You can do 262 00:22:33,640 --> 00:22:38,079 the same thing in your head. I mean, you gain almost nothing using 263 00:22:38,119 --> 00:22:44,119 a computer in that way, and the idea of using a cell phone, 264 00:22:45,279 --> 00:22:48,039 I don't know. You're gonna put it, you know, angle it somewhere 265 00:22:48,240 --> 00:22:52,079 down on the table where the camera is low enough that you somehow are going 266 00:22:52,119 --> 00:22:56,039 to see the dealer's whole card. Well, that would be pretty obvious to 267 00:22:56,240 --> 00:23:02,319 anybody there that that's what you were trying to do. So I don't know 268 00:23:02,519 --> 00:23:08,119 it. Just I think the risks are minimal. Okay, next question, 269 00:23:08,160 --> 00:23:11,920 I can't seem to win a casino drawing, even when I have thousands of 270 00:23:12,039 --> 00:23:17,680 entries. I don't live close enough to a casino to be able to do 271 00:23:17,720 --> 00:23:22,519 it every to go every day. Is it worth my time even trying to 272 00:23:22,519 --> 00:23:26,039 earn entries or is it just bad luck that I haven't won one? Is 273 00:23:26,039 --> 00:23:32,839 it even possible to win with just one entry? I'm especially suspect of electronic 274 00:23:33,039 --> 00:23:41,519 entrance and how they can be manipulated. Well, I address this quite a 275 00:23:41,519 --> 00:23:52,359 bit in my in my weekly blog. The general rules on this are the 276 00:23:52,519 --> 00:23:57,119 kind of drawings that suit your play. If you are a big player, 277 00:23:57,559 --> 00:24:04,000 then picked drawings where the more entries you have, the better your chances are 278 00:24:04,920 --> 00:24:11,160 if you're a small player, pick drawings where everybody gets exactly one ticket or 279 00:24:11,759 --> 00:24:18,920 some such. If you're a big player, you don't want drawings where everyone 280 00:24:18,000 --> 00:24:25,640 gets free entries. If everyone gets free entries, it it makes it a 281 00:24:25,640 --> 00:24:30,519 crapshoot, and being a big player doesn't help you any So different drawings have 282 00:24:30,799 --> 00:24:41,160 different strategies. Drawings have been very lucrative to me over the years, not 283 00:24:41,359 --> 00:24:49,240 so much recently, but they still do okay. Next question, how easy 284 00:24:49,319 --> 00:24:52,920 is it to get a casino in America, particularly Vegas, to play to 285 00:24:53,039 --> 00:24:57,960 pay a slot ticket as a bank transfer as opposed to cash. I'm not 286 00:24:59,079 --> 00:25:03,559 tying hand paid territory more say six hundred dollars to one thousand and accumulated winnings 287 00:25:03,599 --> 00:25:12,400 throughout a session. I have never tried that. I am thinking that would 288 00:25:12,440 --> 00:25:22,240 be tough, especially since you can easily put six one bills into a machine, 289 00:25:22,519 --> 00:25:26,799 hit the cashop button, and now you have the ticket you're talking about, 290 00:25:26,359 --> 00:25:32,400 and asking for a check for that ticket. Most casinos would not be 291 00:25:32,519 --> 00:25:40,319 interested in doing that for reasons of money laundering. Well, and he's not 292 00:25:40,359 --> 00:25:44,039 even asking for a check, he's asking for a bank transfer. I can't 293 00:25:44,039 --> 00:25:48,160 imagine a casino doing that. I mean, I don't think they want to 294 00:25:48,680 --> 00:25:53,160 wire money for you to your bank, unless like you're a credit player and 295 00:25:53,200 --> 00:26:00,559 you wired it in. But yeah, you'd be better off having a friend 296 00:26:02,079 --> 00:26:06,440 you give him the money and he then mos it to you that goes directly 297 00:26:06,440 --> 00:26:12,640 into your bank or zell whatever. Hi next question, as a non United 298 00:26:12,680 --> 00:26:19,799 States resident obviously aware of the ten thousand dollars limit for taking cash road in 299 00:26:19,880 --> 00:26:23,559 your experience, is it best to tell them in advance that you have the 300 00:26:23,640 --> 00:26:30,079 ten thousand dollars on your person. If you don't tell some countries in advance 301 00:26:30,200 --> 00:26:33,440 and they finally cash on you, they will see the entire amount, not 302 00:26:33,480 --> 00:26:40,599 just the additional amount from the ten thousand Richard, Yeah, no, that 303 00:26:40,799 --> 00:26:47,119 you're correct. So if you're leaving the United States with more than ten thousand 304 00:26:47,200 --> 00:26:51,079 dollars or entering with more than ten thousand dollars, you have to declare it 305 00:26:51,640 --> 00:26:55,920 now. When you're coming in, it's not a problem. You have a 306 00:26:56,039 --> 00:27:00,079 customs form and there's a thing right there on there that asks how much money 307 00:27:00,079 --> 00:27:04,000 are you carrying? And you can declare it, and that's not a problem. 308 00:27:04,359 --> 00:27:11,720 The problem is when you're leaving the country because nobody in the freaking airport 309 00:27:11,920 --> 00:27:15,319 knows who you're supposed to report it to, and you can run around trying 310 00:27:15,359 --> 00:27:21,279 to find the office or whoever is in charge of that, and sometimes it 311 00:27:21,440 --> 00:27:26,119 is a real hassle trying to find whoever it is you're supposed to report it 312 00:27:26,119 --> 00:27:30,359 to, and nobody knows. They don't know anything about it, mainly because 313 00:27:30,440 --> 00:27:37,039 it's so rare that it happens that none of the airport employees know. You 314 00:27:37,079 --> 00:27:44,519 know. One idea might be to call customs before your flight and say, 315 00:27:44,640 --> 00:27:48,119 hey, this is the airport I'm flying out of. I'm leaving with more 316 00:27:48,119 --> 00:27:52,960 than ten thousand dollars in cash, where specifically in the airport can I go, 317 00:27:52,960 --> 00:27:56,680 you know, fill out the form or do whatever I need to do 318 00:27:56,039 --> 00:28:03,000 to declare it. On a related subject, do if you're flying to another 319 00:28:03,079 --> 00:28:07,839 country and you try to leave that country with more than you brought in, 320 00:28:08,839 --> 00:28:15,680 is that a problem only if they have currency restrictions. So yeah, and 321 00:28:15,880 --> 00:28:21,000 so when I played in Korea, they had currency restrictions. You were not 322 00:28:21,119 --> 00:28:26,319 allowed to bring out more than ten thousand dollars other than money you had brought 323 00:28:26,359 --> 00:28:30,160 in, So you would declare when you came into the country. I'm coming 324 00:28:30,160 --> 00:28:33,640 with this much cash, you were allowed to take that much cash out. 325 00:28:33,759 --> 00:28:37,279 Other than that, you were allowed to take up to ten thousand dollars. 326 00:28:37,640 --> 00:28:42,400 Same thing in Poland they had currency restrictions now and now these things may have 327 00:28:42,519 --> 00:28:47,279 changed. I mean the last time I was in Poland was like nineteen ninety 328 00:28:47,359 --> 00:28:52,160 so. But yeah, so you just have to check if the particular country 329 00:28:52,519 --> 00:28:56,200 has currency resort and if to do and you have more than that, you 330 00:28:56,279 --> 00:29:00,920 have to find another some way to get it out. Yeah, then you 331 00:29:00,960 --> 00:29:06,319 have to get creative, all right. Next question, I count cards, 332 00:29:06,960 --> 00:29:11,400 but play rated with a very modest bet spread, getting most of my value 333 00:29:11,440 --> 00:29:18,599 from the comps generated. Recently, I had a lucky session and now have 334 00:29:18,720 --> 00:29:22,960 been flat betted. I can still play earn comps, but if I spread, 335 00:29:23,039 --> 00:29:27,480 I fear I'll be eighty six. Any suggestions on how to get this 336 00:29:27,559 --> 00:29:33,319 flat betting restriction lifted, Richard, No, I don't think you can. 337 00:29:36,240 --> 00:29:41,720 Yeah, I don't think you'll be able to get it lifted, and trying 338 00:29:41,799 --> 00:29:48,119 to get it lifted may do more harm than good. So maybe you're in 339 00:29:48,160 --> 00:29:52,440 an area that only has a single casino. But if not, maybe try 340 00:29:52,480 --> 00:29:56,799 one of the other casinos, and if they if the comps are particularly good, 341 00:29:56,839 --> 00:30:00,559 I mean, if you're getting cash comps and things like that, well 342 00:30:00,599 --> 00:30:07,759 then flat betting you may still have an advantage, you know. I mean 343 00:30:07,799 --> 00:30:12,039 you can walk away from negative shoes, go to the bathroom or change tables 344 00:30:12,160 --> 00:30:18,079 or whatever. But um, but as far as getting it changed, I 345 00:30:18,559 --> 00:30:22,000 doubt it. Oh. Now, wait one other thing. I mean, 346 00:30:22,400 --> 00:30:26,480 oh, no, you said they might bar you, so because I was 347 00:30:26,519 --> 00:30:30,559 thinking in Missouri or Atlantic City they sometimes flatbtch you and they're not allowed to 348 00:30:30,599 --> 00:30:36,079 bar you. So you know, you can just Oh but you're playing on 349 00:30:36,119 --> 00:30:37,839 a card, so they're going to know who you are and that you've been 350 00:30:37,839 --> 00:30:47,079 flatbet Yeah. So suspect the listen won't like your answer, Richard. That's 351 00:30:47,119 --> 00:30:52,319 the way it goes. Next questions for me, is a strategy for Deuce's 352 00:30:52,359 --> 00:30:57,559 wild double double bonus available? Can it be figured out with the video poker 353 00:30:57,559 --> 00:31:03,519 for winners? And I do not have that strategy, and it cannot be 354 00:31:03,599 --> 00:31:08,799 calculated using video poker for winners, which doesn't work for most people. Now 355 00:31:08,880 --> 00:31:19,279 anyway, good luck. The cannot be calculated using win poker either. You 356 00:31:19,279 --> 00:31:25,359 would have to write your own software. Now, I looked up what Michael 357 00:31:25,440 --> 00:31:32,880 Shackelford said on that particular game, and he found a couple versions of it 358 00:31:33,759 --> 00:31:41,039 for returns of ninety eight percent and lower in some other state. And so 359 00:31:41,119 --> 00:31:45,880 if that's the game to me, it would be no reason to learn it, 360 00:31:45,000 --> 00:31:49,240 because even if he did learn in its own and ninety eight percent game, 361 00:31:52,279 --> 00:31:55,559 possibly higher returning games or somewhere, but I have not seen them in 362 00:31:55,680 --> 00:32:04,440 Vegas. All right, high I got my first royal flush on five deuces 363 00:32:04,519 --> 00:32:09,599 while I held two cards. I've been catched a photo. My question is 364 00:32:09,640 --> 00:32:15,400 this, I'm fairly sure I made the right play induces, but what are 365 00:32:15,400 --> 00:32:20,640 the actual odds of me hitting a royal holding two cards? I usually grind 366 00:32:20,680 --> 00:32:23,960 on the hired denominations. It was a little upset that it finally happened on 367 00:32:24,079 --> 00:32:30,759 Nickels, nevertheless, and thrilled to get the monkey off my back. Okay, 368 00:32:30,799 --> 00:32:35,279 so you sent a picture showing you're playing in ninety seven point six percent 369 00:32:35,480 --> 00:32:39,160 game. Why on earth would you send a picture of such a bad game 370 00:32:39,200 --> 00:32:45,839 to a show that's about gambling with an edge? Drawing three cards and connecting 371 00:32:45,960 --> 00:32:50,519 is one in sixteen thousand round numbers you're playing triple play, though, so 372 00:32:50,599 --> 00:32:55,519 the odds aren't nearly that long since you have three pops at it. As 373 00:32:55,559 --> 00:33:00,240 long as you've been playing such terrible games, you better stay at Nichols because 374 00:33:00,240 --> 00:33:01,759 when you go to hire, do you know I'm You're gonna lose your shirt? 375 00:33:04,160 --> 00:33:09,400 Game selection is a lot more important than just playing The Royals will come 376 00:33:10,240 --> 00:33:16,160 next question. On my last trip to Vegas, I discovered three way action 377 00:33:16,319 --> 00:33:22,119 video poker in Palaestation and I loved it. There were only a few machines 378 00:33:22,119 --> 00:33:24,079 on the floor and most of them were used at all hours to day and 379 00:33:24,240 --> 00:33:29,839 night. I went to VP three two to see if I could look if 380 00:33:29,920 --> 00:33:35,400 other machines. Didn't find any The game seems popular enough with at least some 381 00:33:35,480 --> 00:33:38,759 people. Why aren't there more of them around? Also? Do you know 382 00:33:38,799 --> 00:33:45,960 where I can find the game in Vegas? Okay? Poker has been around 383 00:33:45,960 --> 00:33:50,920 for more than twenty five years. A friend who check told me twenty years 384 00:33:50,920 --> 00:33:55,000 ago that there were no paced schedules returning more than nine plus. The quick 385 00:33:55,079 --> 00:34:01,720 strategy isn't always obvious, so I never study the game because I didn't have 386 00:34:01,720 --> 00:34:06,359 a strategy and I didn't want to play a game that tip anyway. I 387 00:34:06,480 --> 00:34:10,159 have seen it for low denominations at the Gold Coast, maybe a year ago. 388 00:34:10,239 --> 00:34:14,920 I don't know if it's still there. I certainly haven't done a server 389 00:34:15,159 --> 00:34:24,599 that VP free two generally deals with games returning more so that's another reason they 390 00:34:24,599 --> 00:34:31,000 would not be listed on that site. But if you if you ask on 391 00:34:31,159 --> 00:34:36,559 VP free, wouldn't wouldn't that be a place where he might find an answer 392 00:34:36,599 --> 00:34:45,719 to that question. There are video poker chat rooms. VP free has a 393 00:34:45,960 --> 00:34:53,920 chat room. Wizard of Vegas allows for video poker questions. Video Poker for 394 00:34:54,039 --> 00:35:00,000 Winners has a chat for him, so you could certainly post your questions to 395 00:35:00,119 --> 00:35:05,159 those places. I don't think you're going to get any usable answer, though. 396 00:35:05,960 --> 00:35:15,119 Okay, the Plaza in downtown Las Vegas has seventy five dollars match play 397 00:35:15,159 --> 00:35:22,239 per day for Bengo. This seems like an obvious ap move, but it 398 00:35:22,320 --> 00:35:28,239 seems strange that the place would you be able to advise if there's a catch 399 00:35:28,280 --> 00:35:31,719 in this and not what it seems to be. They advertisers well throughout the 400 00:35:31,760 --> 00:35:37,800 casino, and I imagine nearly everyone in the Bengo hall is taking that promotion 401 00:35:37,679 --> 00:35:42,960 and answers yes, all players have swiped their card get three twenty five dollars 402 00:35:42,960 --> 00:35:49,000 match play coupons. The thing is everybody has them, and the size of 403 00:35:49,000 --> 00:35:52,800 the prizes are based on the fact that everybody has them. I haven't gone 404 00:35:52,840 --> 00:35:58,480 into the Benga room, but this doesn't sound like an AP move to me. 405 00:35:59,440 --> 00:36:05,360 The aps when the prices are geared, so you pay less than other 406 00:36:05,440 --> 00:36:08,599 people did. But if you're paying the same with everybody, then it doesn't 407 00:36:08,639 --> 00:36:13,440 seem to be any advantage. All right, We're now going to take a 408 00:36:13,519 --> 00:36:19,400 commercial break and we'll be back with more questions from you, our listeners. 409 00:36:20,760 --> 00:36:24,360 Tales from the Felt is a new card counting and advantage play coffee table book 410 00:36:24,440 --> 00:36:30,519 that takes you inside the grind. It's twenty one stories told by twenty one 411 00:36:30,639 --> 00:36:35,639 different aps, adventure, intrigue, and loneliness on the path to beating casinos 412 00:36:35,679 --> 00:36:40,719 for millions. Beautifully illustrated and bound, this collector's edition book features Hall of 413 00:36:40,719 --> 00:36:45,840 famers and emerging heroes of the game. Proceeds from this book go to help 414 00:36:45,880 --> 00:36:52,280 those affected by problem gambling. Learn more at store dot Blackchack Apprenticeship dot com 415 00:36:52,679 --> 00:37:00,480 and you will find a link in the show notes video Poker dot com best 416 00:37:00,480 --> 00:37:05,159 players to play lots of games. If you sign up for the Goldenership eight 417 00:37:05,320 --> 00:37:08,239 ninety five a month of seventy nine ninety five a year, this allows you 418 00:37:08,280 --> 00:37:13,000 to get correction on most of the games. The game of the week is 419 00:37:13,039 --> 00:37:16,800 Powerhouse Poker. This is a ten coins per line game where you get dealt 420 00:37:16,880 --> 00:37:23,400 extra hands, sometimes as multipliers when you're dealt a paying combination. For example, 421 00:37:23,400 --> 00:37:28,000 if you're dealt two pair, you'll be given hands, and four of 422 00:37:28,039 --> 00:37:31,800 them will have multipliers from four x to eight x. How many extra hands 423 00:37:31,800 --> 00:37:38,440 you get and how big the multipliers are varies from game. The extra hands 424 00:37:38,519 --> 00:37:44,719 starting position and the same hold as you made. Let's say you're dealt two 425 00:37:44,760 --> 00:37:47,079 pair queens and fives in a game where it's correct to hold both pair, 426 00:37:47,800 --> 00:37:52,119 Should you decide to only hold the queens, as many players incorrectly do, 427 00:37:52,280 --> 00:37:55,519 the extra hands will all start from holding a pair of queens. The game 428 00:37:55,559 --> 00:38:00,079 always returns more than the five coin version of the same pay schedule, and 429 00:38:00,159 --> 00:38:06,360 no strategic variations are necessary in order to play the game accurately. Everyone seems 430 00:38:06,400 --> 00:38:09,199 to be talking about sports betting lately. If you're looking to learn more about 431 00:38:09,199 --> 00:38:14,119 how you can profit from the sports betting gold Rush. Then unabated dot Com 432 00:38:14,159 --> 00:38:19,079 is a great resource for you. Founded by frequent gambling with an Edge guests 433 00:38:19,199 --> 00:38:24,599 Captain Jack and rufus Peabody, Unabated has free educational articles and an odd screen 434 00:38:24,719 --> 00:38:30,960 to help you shop lines if you bet props. Their Essential Essentials tier has 435 00:38:31,079 --> 00:38:37,159 projections and simulators you won't find anywhere else. Premium Tier membership adds an array 436 00:38:37,159 --> 00:38:44,199 of pricing calculators in game tools and the most advanced real time odd screen available. 437 00:38:44,760 --> 00:38:47,519 Take a trial run with their tools to decide if unabated dot Com is 438 00:38:47,639 --> 00:38:52,440 right for you. All Right, we're back with our mailbag show. Recently, 439 00:38:52,480 --> 00:38:58,280 the World Game Protection Seminars went on. This is hosted by Willie Allison, 440 00:38:58,920 --> 00:39:02,920 who has been a guest on the number of times according to CDC Gaming 441 00:39:02,960 --> 00:39:10,000 Reports. Sal Piacente, UH Surveillance Expert Gaming Expert was one of the guests, 442 00:39:10,639 --> 00:39:15,719 and he's quoted as saying advantage players don't want to cheat and aren't doing 443 00:39:15,800 --> 00:39:22,000 anything illegal, but instead you use their minds to beat the game, whether 444 00:39:22,280 --> 00:39:25,840 watching to see if a dealer exposes a whole card, or by card counting. 445 00:39:27,880 --> 00:39:32,039 M Richard, do you agree with that? Assessment. Uh well yeah, 446 00:39:32,400 --> 00:39:38,360 um. And and I was fortunate enough the day that article came out, 447 00:39:38,400 --> 00:39:45,719 I spent the afternoon with Sal and a few other magicians including uh Matt 448 00:39:45,760 --> 00:39:52,559 Franco and fantastic magician named Charlie Fry. And but when I saw a Sal, 449 00:39:52,719 --> 00:39:58,440 I said, uh, you know, I really appreciate the fact that 450 00:39:58,480 --> 00:40:05,599 you pointed out in the article that you know, card counting and advantage play 451 00:40:05,679 --> 00:40:08,480 is not cheating. And you know, he said he wanted to be really 452 00:40:08,519 --> 00:40:16,199 clear because so we get lumped in with cheaters so often. So anyway, 453 00:40:16,320 --> 00:40:22,039 I appreciated what he was saying and that he made a point to do that. 454 00:40:22,119 --> 00:40:24,239 So Sal's a great guy. We've tried to get him on the show 455 00:40:24,360 --> 00:40:29,920 a number of times. He always seems to be too busy, So one 456 00:40:29,960 --> 00:40:36,320 of these days we'll have him on. And and I'm not so sure about 457 00:40:36,360 --> 00:40:44,159 that statement. For every thousand apiece, you'll have a thousand different definitions of 458 00:40:44,280 --> 00:40:49,760 what exactly is cheating and what isn't. Like I've been cheated by an ap 459 00:40:49,880 --> 00:40:55,159 I've been stiffed in my writings. I've confessed to some not quite kosher moves 460 00:40:55,199 --> 00:41:00,519 along the way along my journey. Some people have taken be except into some 461 00:41:00,559 --> 00:41:06,599 of the things that I said that I've done. M Richard once told me 462 00:41:06,679 --> 00:41:10,320 about a famous AP that Richard said, he likes the guy, but he 463 00:41:10,360 --> 00:41:14,800 would never do business with that guy. He just would not trust him to 464 00:41:14,880 --> 00:41:22,400 be a good business partner. Um. The idea that aps never cheat, 465 00:41:22,639 --> 00:41:28,719 I think is a bunch of hooie. Some do some don't. You know. 466 00:41:29,000 --> 00:41:35,000 You can have a you know, say taxes. Um. If two 467 00:41:35,079 --> 00:41:42,320 aps or just watching a football game and they made a hundred dollar bet at 468 00:41:42,320 --> 00:41:44,559 the end of the game, they paid it, one of them, one 469 00:41:44,559 --> 00:41:51,199 of them paid Uh, that is a taxable event. Um. I think 470 00:41:51,239 --> 00:41:54,039 the odds are really strong that there were no taxes paid on that event. 471 00:41:54,679 --> 00:42:01,519 Nope. UM. On all cash phase businesses, of which gambling frequently is, 472 00:42:04,480 --> 00:42:08,239 taxes get short changed. Gamblers are, whether AP or not, are 473 00:42:09,960 --> 00:42:15,360 or in that mix, they will frequently cheat in that way. To me, 474 00:42:15,480 --> 00:42:22,159 there's a very big distinction between people who cheat on their taxes and cheating 475 00:42:22,199 --> 00:42:28,440 in casinos. And to me, a lot of people use the word cheat 476 00:42:28,760 --> 00:42:36,320 when what they mean is unethical. But when I talk about cheating in the 477 00:42:36,440 --> 00:42:43,800 context of players in a casino, I'm talking about the legal definition of and 478 00:42:43,920 --> 00:42:49,920 to me, advantage players are people who take money from casinos without breaking the 479 00:42:50,079 --> 00:42:55,800 law. So I'm not talking about whether they cheated on their taxes by not 480 00:42:55,920 --> 00:43:01,480 declaring one hundred dollars football bets. And when they write these articles about the 481 00:43:01,559 --> 00:43:08,119 people playing in casinos, they lump advantage players who are not cheating in the 482 00:43:08,159 --> 00:43:14,440 casino with people who are cheating in the gino. And that's what so many 483 00:43:14,519 --> 00:43:19,480 of us object to. Okay, I'm let me give you one word. 484 00:43:19,760 --> 00:43:24,000 Let me give you one more example. I hear people say if you if 485 00:43:24,039 --> 00:43:29,119 you see the dealer's whole card and play, that that is cheating. Well, 486 00:43:29,159 --> 00:43:32,239 no, the Supreme Court has ruled that that is not cheating. What 487 00:43:32,280 --> 00:43:38,239 they mean is they find it unethical, which is fine, everybody chooses their 488 00:43:38,280 --> 00:43:44,679 own ethics. But it but it is not cheating. Well, the whole 489 00:43:44,719 --> 00:43:52,199 carding. The most famous whole parting case is as Einbinder, where the judges 490 00:43:52,280 --> 00:43:55,320 basically say, if the dealer is gonna show you the card, you you 491 00:43:55,320 --> 00:44:01,719 know you're allowed to use that information. But in in a tribal casino in 492 00:44:01,840 --> 00:44:08,280 Michigan, that was ruled as cheating. So it's the same in fraction as 493 00:44:08,320 --> 00:44:15,480 it were, but different jurisdictions have different definitions of cheating, so sometimes there's 494 00:44:15,519 --> 00:44:20,639 no big agreement. A similar case maybe would be the Phil Ivy, Kelly's 495 00:44:20,719 --> 00:44:29,880 son. Most players felt that what Ivy and Son were doing was perfectly legal. 496 00:44:29,960 --> 00:44:37,159 It was kind of seducing the UH the casino into going along with what 497 00:44:37,239 --> 00:44:44,119 they wanted because the casinos were greedy and wanted to win. And it turned 498 00:44:44,119 --> 00:44:49,320 out that the courts didn't agree with that. The courts made Ivy and Son 499 00:44:49,519 --> 00:44:54,079 pay right, but they did say they The judge did say they were not 500 00:44:54,360 --> 00:45:00,360 cheating. The judge in London did say that. I don't think the judge 501 00:45:00,400 --> 00:45:07,400 in Atlantic City said that, But they did make Kelly and Son or Ivy 502 00:45:07,480 --> 00:45:14,719 and Son reimburse the casinos in one case give the money back. Another case, 503 00:45:15,719 --> 00:45:22,800 the casino never paid him to start with the yeah. So so like 504 00:45:22,880 --> 00:45:29,960 there was no big no clear definition of what is what was cheating or what 505 00:45:30,159 --> 00:45:37,079 is not cheating in that particular case and different players, I don't think necessary 506 00:45:37,159 --> 00:45:43,719 now, and my saying all apes cheat absolutely not. Some of My best 507 00:45:43,760 --> 00:45:47,360 friends are aps, and I trust them as much as I can trust anybody 508 00:45:49,119 --> 00:45:52,800 I have a partner with whom we share and if he says he lost eight 509 00:45:52,880 --> 00:45:57,320 hundred dollars today, well and I accept one hundred percent that he lost eight 510 00:45:57,400 --> 00:46:00,800 hundred dollars today and I have to pay my share of that. So I 511 00:46:00,800 --> 00:46:06,639 don't have any problem with that. But some just because you're an AP doesn't 512 00:46:06,679 --> 00:46:12,880 mean you're always doing things legally. So a statement that aps do things legally, 513 00:46:13,440 --> 00:46:19,039 I think, well, some do, so don't and it isn't necessarily 514 00:46:20,440 --> 00:46:23,599 And saying just because I'm an AP that means they don't cheat. I don't 515 00:46:23,599 --> 00:46:28,960 think that's a fair statement. Well, we'll have to agree to disagree, 516 00:46:30,320 --> 00:46:37,119 okay, and I suspect I will get hate mail, but that well story 517 00:46:37,159 --> 00:46:42,880 in my life. At the end of our show, we have recommended sections. 518 00:46:43,559 --> 00:46:49,159 So Richard, do you have recommended for our listeners. Yeah, I'm 519 00:46:49,159 --> 00:46:58,039 watching a new show called Waco and it's about the whole Waco debacle back in 520 00:46:58,639 --> 00:47:02,280 Texas with the Branch division in compound. Only two episodes have come out. 521 00:47:02,360 --> 00:47:08,599 It's it's really excellent, really really interesting. Uh huh. So the massacre 522 00:47:08,679 --> 00:47:14,559 hasn't happened yet, No, not even close. It's it's the very beginnings 523 00:47:14,559 --> 00:47:17,320 of it. And I mean it just it just makes it clear, like 524 00:47:17,719 --> 00:47:25,760 how screwed up the FBI, uh and the UM I forgot the other organization, 525 00:47:25,840 --> 00:47:30,320 but how screwed up they were. The whole thing was just I mean. 526 00:47:30,599 --> 00:47:36,440 The series actually starts at Ruby Ridge, which was another you know debacle. 527 00:47:37,039 --> 00:47:40,239 Oh it was the ATF and the ATF and the and the FBI are 528 00:47:40,360 --> 00:47:45,119 kind of, you know, blaming each other whenever things went wrong. And 529 00:47:46,079 --> 00:47:52,360 uh, it's it's infuriating watching it. But but but really well done, 530 00:47:52,360 --> 00:47:59,280 well acted, and really interesting. I believe it's on showtime. So my 531 00:47:59,480 --> 00:48:05,000 recommend is going to be another book by David Baldacci. I've been rereading or 532 00:48:05,000 --> 00:48:09,000 re listening to these books, all of which I listened to years ago. 533 00:48:09,800 --> 00:48:16,199 The most recent one that I really struck me is called The Collectors. It 534 00:48:16,400 --> 00:48:25,079 is the second book in the Camel Club series. The Camel Club is about 535 00:48:25,320 --> 00:48:36,639 four bodballs living in Washington, DC who helps solve big things. And The 536 00:48:36,719 --> 00:48:40,400 Collectors, which is the second one in that series, introduce a female con 537 00:48:42,199 --> 00:48:47,280 who is very very good, and so she goes to her cons and so, 538 00:48:47,360 --> 00:48:52,960 several of which are described in great detail before she hooks up with the 539 00:48:53,000 --> 00:48:59,400 other members of the Camel Club. I found it quite interesting and very enjoyable. 540 00:48:59,400 --> 00:49:05,880 It's The Collects by David Baldacci. We welcome your questions at Gambling with 541 00:49:05,960 --> 00:49:09,880 an Edge at gmail dot com or send them to Richard or me individually via 542 00:49:10,000 --> 00:49:17,199 email. Richards on Twitter, so send them there at our WM twenty one 543 00:49:17,280 --> 00:49:21,559 and yeah, you'll notice this episode is a little bit shorter. That's because 544 00:49:21,559 --> 00:49:27,000 we ran out of questions, so definitely send send them in, all right, 545 00:49:27,199 --> 00:49:30,440 thank you very much. Richard brought and hit lots of royal flushes everybody. 546 00:49:31,039 --> 00:49:32,320 Good day.