Podcast
Gambling With an Edge
Hosted by Bob Dancer & Richard Munchkin · EN
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.
27episodes
Episodes
Newest firstAll episodes
Nigel Eccles Fan Duel co-founder
May 11, 202500:39:39Tap to summarizeMy 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
Transcribe →Buddy Frank 2025 Casinos using AI
Jan 1, 202501:00:39Tap to summarizeBob 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
Transcribe →Bob and RWM - What have we been up to?
Dec 25, 202400:44:16Tap to summarizeBob 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
Transcribe →Elihu Feustel
Sep 24, 202400:50:11Tap to summarizeMy 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
Transcribe →Blackjack Ball 2024
Aug 16, 202400:47:35Tap to summarizeBob 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.
Transcribe →Dink - Throwback
Sep 4, 2022Tap to summarizeThis is our throwback episode with sports bettor Alan Denkenson, aka Dink. Dink was a character in Beth Raymer's book, Lay the Favorite, https://amzn.to/3Rgz1yQ and was portrayed by Bruce Willis in the movie made from the book. We talk to Dink about his specialty - hockey betting. Dink passed away on Aug 31st. He was one of the nice guys of this industry, and well known for decades. He will be missed.
Transcribe →Mark Billings Throwback
Aug 28, 2022Tap to summarizeThis is another throwback episode; this one from April of 2013. The guest is Mark Billings, author of The Ultimate Edge. https://amzn.to/3pLlCSX The book talks about blackjack in the 1980s.
Transcribe →