Gambling With an Edge

Our guest this week is backgammon professional and author, Jake Jacobs. We talk to Jake about his new novel, The Battered Butterfly, as well as about some of his many gambling exploits.  podcast Click to listen - Alt click to download

Our guest this week is Rick Blaine, author of Blackjack Blueprint. This is a terrific book for counters, newly updated in May, 2014. podcastClick to listen - Alt click to download

The guest this week is David Switzer. David just received two masters degrees from UNLV, and we will be discussing his professional paper, “Casinos can increase table games revenue by properly training employees and adjusting many of the procedures currently used on their games that are aimed at stopping advantage players.” podcastClick to listen - Alt click to download

Our guest this week is backgammon professional and author, Jake Jacobs. We talk to Jake about his new novel, The Battered Butterfly.  podcast Click to listen - Alt click to download

No guest this week. Bob and I discuss reader emails, as well as current gambling in the news.. podcastClick to listen - Alt click to download

The guest this week is Bob Nersesian.  Bob is a frequent guest to the show, and always entertaining.  Bob is the lawyer who advocates for the players against the casinos, and has successfully sued many Vegas casinos on the behalf of players.  He is also the author of Beat the Players. This week we discuss the Phil Ivey decision in London, and asset forfeitures. podcastClick to listen - Alt click to download

The guest this week is Ken Adams. Ken is a prolific writer about the gambling industry. You can read his work at cdcgamingreports.com.  podcastClick to listen - Alt click to download

For those not familiar with the Ivey case let me give you a brief recap. In August of 2012 Phil Ivey, and a partner named Cheung Yin Sun played Punto Banco at Crockfords in London. He won 7.7 million pounds over 2 days. (Spoiler alert - he was edge sorting.) Crockfords said they would wire him the money, and then stiffed him. He sued to get the money he won, and on October 8 the judge ruled that Crockfords did not have to pay because Ivey cheated.  A few facts about the case: The casino used new cards for each shoe. Ivey played 4 shoes before asking to keep the same cards. Since Ivey and his partner were not touching the cards the casino agreed.They were using a brand of cards called Angel. (Not Gemaco)Ivey asked that the casino use a machine to shuffle the cards.At the end of the first night's play Ivey asked if he could continue the next day with the same cards. Here are a few choice quotes from the judgement: "There is a complete dearth of authority on cheating at common law, at least in the civil context. This is unsurprising. Although at common law gaming contracts were enforceable in principle, though sometimes not in practice on particular facts, section 18 of the Gaming Act 1845 provided that all contracts or agreements by way of gaming and wagering shall be null and void. No suit could therefore be raised by or against a party to a gaming contract alleged to have cheated. There is, therefore, no case law on what amounts to cheating." "This is, as far as I know, the first case in which the question whether or not the conduct of a party to a gaming contract amounted to cheating has had to be determined in an English court." "There is no commonly accepted view amongst those who play Punto Banco about whether edge-sorting does or does not amount to cheating. David Mills, a levelheaded and experienced English expert in casino gambling considers that it does. Towards the end of 2013 he conducted a survey amongst seven of the eight biggest casino operators in the UK. He found that four out of the seven considered that it was cheating and two out of seven considered it was not a legitimate practice. The remaining one considered that it was not cheating, nor illegitimate. Dr. Jacobson, to whom I have already referred, who has extensive experience in the USA of casino gambling both as a consultant to casinos and, between 1997 and 2005, as an advantage player himself, considers that it is not cheating. His informal survey, as he put it, of "hundreds of people" has provided the answer that the general but not universal view is that it is not cheating. I have not found these expressions of opinion to be helpful. Mr. Mills did not canvass gamblers and, as far as I can tell, Dr. Jacobson's survey was unsystematic. Neither establishes a generally accepted view." RWM: Really? This is the way they approached this? The casino expert went and asked a bunch of casino operators what they think, and the other side did an informal survey of hundreds of people? "Crockfords maintain that the claimant practised (sic) deception upon them by pretending to be superstitious when he was not, for example, by making a fuss over lucky Crockfords hats, which he and Ms Sun wore, and by asking for "lucky" cards and for a Chinese croupier on the ground that he got lucky when playing with Asian women." I can go on, but below you can read the judgement for yourself. We will be discussing this with Ken Adams on tonight's Gambling With an Edge, and again next week with attorney Bob Nersesian.  Ivey Judgement

This week our guest is Richard Marcus. Richard was a casino cheat, and tonight we will be talking about his book Dirty Poker.  podcastClick to listen - Alt click to download

The guest this week is Mike Shackleford . This week is the largest gaming conference of the year, G2E. Mike and Bob attended, and will discuss the new games they saw. podcastClick to listen - Alt click to download

The guest this week is Mike Shackleford. We talk about the recent sale of his website The Wizard of Odds for $2.35 million.. podcastClick to listen - Alt click to download

The guest on the show this week is Adam Tanner. author of What Stays in Vegas. The book looks at how casinos and other businesses gather information about each of us in order to help them make more money off of us. podcastclick to listen - alt click to download

The guest on the show this week is Jimmy Jazz. Jimmy talks about strategies for low rollers to get everything free in Las Vegas. podcastclick to listen - alt click to download

Our guest this week is Daniel Negreanu aka "Kid Poker" although he has now been playing so long he may have to change his moniker to "Middle-Aged-Man Poker."  Daniel is the author of  Power Hold'em Strategy which outlines his "small ball" tournament strategy.   PodcastClick to listen - Alt click to download

The guests this week are gaming attorneys Bob Nersesian and I. Nelson Rose.  Bob is a frequent guest to the show, and always entertaining.  Bob is the lawyer who advocates for the players against the casinos, and has successfully sued many Vegas casinos on the behalf of players.  He is also the author of Beat the Players. I. Nelson Rose is the coauthor of Blackjack and the Law, and his latest book is Gaming Law in a Nutshell. podcastClick to listen - Alt click to download