Gambling With an Edge

Bob Dancer & Richard Munchkin

Gambling With an Edge

  • 1 hour 39 seconds
    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
    1 January 2025, 9:00 pm
  • 44 minutes 16 seconds
    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


    25 December 2024, 5:00 pm
  • 50 minutes 11 seconds
    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
    24 September 2024, 7:00 pm
  • 47 minutes 35 seconds
    Blackjack Ball 2024
    Bob and I are back after a long hiatus to talk about this years blackjack ball. We are joined by John Chang, former head of the MIT team, Max Rubin, the host and creator of the blackjack ball, and Rick "Night Train" Blaine who was this year's inductee into the blackjack hall of fame.
    16 August 2024, 10:29 pm
  • 54 minutes 48 seconds
    Dennis Rappaport
    Bob and I are back to talk to Dennis Rappaport. Dennis was a boxing manager, and promotor probably best known for managing Gerry Cooney. He also was a brilliant PR man, and has some crazy stories from his years in "The Sweet Science."
    29 February 2024, 8:56 pm
  • 48 minutes 24 seconds
    Lauri Thompson episode 16
    Lauri Thompson came to Las Vegas as a dancer in 1980. She went from Las Vegas strip entertainer to a top entertainment attorney, with a stop along the way as Susie Spirit on the original GLOW - Gorgeous Ladies of Wrestling.

    You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.

    Here is the clip of Lauri getting her arm dislocated in an episode of GLOW.
    https://www.youtube.com/watch?v=YDxYpEKotyU
    19 February 2024, 11:00 pm
  • 33 minutes 16 seconds
    Billy Baxter
    Billy Baxter is a legend in the gambling world. Today we focus on his time as a boxing manager, and some very high stakes golf games.

    You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.
    9 February 2024, 9:24 pm
  • 1 hour 13 minutes
    Super Bowl 2024
    Gambling With an Edge is back with Bob and I talking to Anthony Curtis, and Frank B. We talk about the Super Bowl coming here ot Las Vegas, and then talk about other things happening around town.
    2 February 2024, 7:59 pm
  • 19 minutes 19 seconds
    Nicholas Forte - Pastry chef ep14
    Nicholas Forte is the corporate pastry chef for Tao Group - west coast. What drew me to Nick's story is that straight out of pastry school he went to the only 3-Michelin-star restaurant in the state of Nevada, and said, "I want to work here." He got the job at Joel Robuchon. You can see examples of Nick's work on his Instagram account. https://www.instagram.com/fortenj/

    You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.
    20 January 2024, 7:42 pm
  • 41 minutes 57 seconds
    Sports Books Behaving Badly with Bob Loeb
    Bob Dancer and I are back doing a Gambling With an Edge episode. We interview attorney Bob Loeb about the recent trend of legal, regulated sportsbooks stealing people's money.
    22 December 2023, 8:39 pm
  • 55 minutes 43 seconds
    Joseph Merhi part 2 episode 13
    My guest this week is Joseph Merhi. In part 1 we covered Joseph moving to Florida from a small town in Syria when he was 18 years old. He spoke no English, but through grit and perseverance he went on to produce over 100 movies. This is part 2 of 2, in which we cover Joseph's move from Las Vegas to LA, and his pursuit of the movie business.

    You can reach me at [email protected], or find me on Twitter @RWM21. If you like the show please tell a friend you think might like it, or if you are really ambitious leave a review wherever you listen.
    7 December 2023, 5:15 pm
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