Bob and Richard are back to talk with Michael Kaplan about his new book, "Advantage Players."Show Notes[00:00] Introduction of Michael Kaplan, author of Advantage Players[00:43] Michael’s background in gambling and writing[04:18] Finding people to write about[06:46] Definition of “advantage player”[07:21] David Philips, the pudding guy[09:57] Cheating, breaking the law, and advantage play[12:23] Identifying interesting APs and stories[14:02] Bill Benter and Alan Woods[20:59] Phil Ivey and the benefits of humble beginnings[25:09] Getting backed off, betting big, staying disciplined [28:57] Don Johnson’s Atlantic City play[33:45] Playing with James Grosjean[36:20] Interviewing AP royaly[36:09] Advantage play in adult films[40:40] AP skills, qualities, mindset[43:20] Eddie Teams[46:40] How to order Michael’s book, Advantage Players Links:https://www.advantageplayersbook.com/Get book - https://amzn.to/4dTqk9r
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48:49
Nigel Eccles Fan Duel co-founder
My guest on this episode is Nigel Eccles, co-founder of Fan Duel.[00:00] Introduction of Nigel Eccles, co-founder of FanDuel[00:48] Nigel’s background and first company [02:04] Nigel’s educational background and interest in gambling, selling variance[06:59] Joining Flutter and prediction markets, exchange models[10:04] Founding FanDuel, fantasy sports, sports betting[14:31] Sports betting in Nevada, over-regulation and limited innovation[18:47] Leaving FanDuel[20:08] Vertical businesses, pandemic spike and whipsaw[20:59] Bettor are getting dumber, banning winners, and the popularity of parlays[24:20] Sharps, betting patterns, cat and mouse games, and taking sharp action[27:24] BetHog online crypto casino, innovation, and payment processing fees[31:42] Managing crypto volatility[33:17] The future of online gaming and crypto [36:10] Final thoughtsX.com/nigelecclesBethog.comBetdex.comFanDuel.com
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39:39
Buddy Frank 2025 Casinos using AI
Bob and I are back with an interview with Buddy Frank to talk about how casinos are now using AI to evaluate players.[00:00] Introduction of Buddy Frank[01:10] The evolutions of AI in casinos, falling costs, data analysis[03:52] Using data to assess how player ADT changes with hotel stay [08:58] Analyzing player performance[11:55] ChatGPT, large language models being used to finetune offers [15:51] Video poker products that calculate player specific player ADT[21:38] Cameras in machines, facial recognition, privacy concerns[23:43] MGM banning slot hustlers, persistence machines, must-hit-by [32:46] Some operators are 86'ing slot players [37:07] Misjudging players, challenges assessing table games players[42:48] Reno rewards program story, loopholes [44:29] Churn, tailoring offers mid-session [47:24] Sports betting data analysis [48:25] Adoption of AI over the next five years[53:53] Recommended: Blood Game by Jeffe Boats
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1:00:39
Bob and RWM - What have we been up to?
Bob and I sit down at the end of 2024, and talk about what we have been doing gambling wise for the last year. Both of us seem to be working harder than ever.[00:00] Introduction[00:42] Is Richard still retired?[05:19] The U.S. sports betting market[07:52] Betting partnership dynamics[10:39] Successful bettors making fundamental gambling mistakes[12:33] Bob’s sports betting[17:58] Bob’s slot experience[26:58] Slot hustling, getting information, solving games[34:52] How many hours a day is Bob working?[38:08] Beatable slots, obsolete information, and new skins[39:12] Recommended: Erle Stanley Gardner’s Spill The Jackpot, David Baldacci books, Daniel Silva books
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44:16
Elihu Feustel
My guest this week is Elihu Feustel. He is on this week to talk about his new book, Beyond The Odds, which you can pick up here https://amzn.to/3Behcxf
Learn to Gamble With an Edge from authors, and professional gamblers Bob Dancer and Richard Munchkin. We aim to make you a better gambler tomorrow than you were yesterday.
USA