I think we need a thread on miscellaneous news stories about gambling and/or gamblers. If you see something throw it in here. Billy Walters loses appeal:
https://www.reuters.com/article/us-u...-idUSKBN1O328K
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I think we need a thread on miscellaneous news stories about gambling and/or gamblers. If you see something throw it in here. Billy Walters loses appeal:
https://www.reuters.com/article/us-u...-idUSKBN1O328K
Good idea, mickey.
You know, most Billy Walters stories throw the word "purported" and "reported" around a lot, especially regarding his earnings and net worth. Mr. Walters was very private until a few years ago, and he eventually gave the 60 Minutes interview you posted earlier. Now, while I respect Mr. Walters tremendously, the question I have to ask is, "Why shed the privacy?" Well, two possible answers come to my mind -- either he faced his mortality and decided to come out of the shadows and let people know who he is and what he's about, or things were not going swimmingly lately, and he needed some kind of publicity to garner more investors.
Maybe to promote an upcoming movie??
alan's casino stories:
http://www.alanbestbuys.com/id242.html
Picked this New York Times sportsbetting story up from WoV:
https://www.google.com/url?sa=t&rct=...N6EejXSTwdtnN7
Great job posting this, mickey.
Of course, what they won't tell you:
1) The books are going to data mine your plays. If you win, they will know your tendencies.
2) Since no organization with actual living humans at the helm is airtight, if someone wins and is data mined, and if people access the tendencies used to win, that information will be co-opted and used by others ("piggybacking").
3) The major books may share the information across data bases and jurisdictions to try to tease out what were "real plays" and what may have been middle shots.
4) They want to know about your social relationships so they know who is in partnership with whom. Without this information, and if partnerships exist, the data mining they are doing is worthless.
5) And finally, can you imagine if someone won, say, 75% of their plays one season and the data mining revealed no tendencies? What do you think would be the conclusions ? And can you imagine, furthermore, if all of the plays involved just two or three college teams? What conclusions then?
Now, they can cloak all of their eye-spying in language that it's "to prevent cheating" and all that. The truth is, it's to X-ray winning. The claim is they are doing it to ensure honesty at every turn. LOL. Draftkings and fanduel were two of the most dishonest enterprises on the planet. Maybe they still are.
My job is to frustrate data mining at every turn. And I happen to be very good at specifically that. People can cross reference me from here to Neptune, and they are not going to be able to data mine me. Billy Walters was very good at that. I think I might be better.
The bottom line: your privacy is yours. If they want to X-ray your decision-making, give them a hard time and have some fun with it.
Redietz, you're doing a great job of explaining this stuff. Please keep it up. Here's an ABC News story I picked up this afternoon:
Won and done? Sportsbooks banning the smart money....
https://www.google.com/url?sa=t&rct=...jrqQrDHvn6vPL6
Funny the AC surveillance guy is named Kevin Duffey. It’s not spelled the same but RE knows who I’m talking about. Old time Scamdicapper from the late 80’s and 90’s.
Yes, I do. Good name catch, Boz.
For those who don't get my Draftkings/Fanduel denunciation, the NYTimes did an expose a few years back. Basically, people working at both companies (before they merged) swapped info on the demographics of players taken, and circumvented rules against playing where employed by simply having Fanduel employees play at Draftkings and vice versa. It was insider trading at its finest applied to fantasy betting.
In addition, the companies kind of kept under wraps how a few mega-partnerships were pumping thousands of coordinated entries into most contests, resulting in 1% of the players winning 50% of the available money. All of this stuff was exposed, and the companies were sued, and eventually they agreed to ban inter-company play and were forced to offer single-entry contests as an agreement to stay in business. The majority of the offered contests are still unlimited entries, which means mega-partnerships dominate them and the little guy has no chance, but at least SOME of the contests are single entry or have 10 to 20 entry limits.
So these guys claiming the moral high road is like the mob in the movie "Casino" throwing out cheats.
P.S. Speaking of old time handicappers, I stumbled across an old copy of "Who's Who in Sports Gambling" from 1984. Coach belly had remarked that people pay to be in "Who's Who," and frankly I did pay something very modest (like $75) to be in this Rick Hall publication, but the total amount he was paid was just a fraction of the cost of publishing it. I didn't want to defend the publication to belly or anyone without having a copy in front of me, but now that I have read parts of it again, I see why I was in it. Rick Hall had become fed up with high profile scamdicappers like Mike Warren at the time, and offered inclusion to just a few dozen people he knew had both good track records handicapping and business practice-wise. Most of the people in "Tipsters or Gypsters?" were offered a spot. Hall was not a real good writer, and probably a worse editor, but his heart was in the right place. I filled out a bio sheet and then fielded some additional questions via phone, and passed muster to be in the publication. When I get some down time, I'll take shots of the cover and Hall's intro and post them here.
This guy, Captain Jack Andrews, followed me on twitter a few months ago so I followed him back to see what he was about.
Here's his bio sketch at Las Vegas Adviser:
https://www.google.com/url?sa=t&rct=...WNUr2wYCtkWY3C
He's been writing a lot about sportsbetting legalization across the country:
https://www.google.com/url?sa=t&rct=..._2e--rK5XL0esA
OK we know how much you going nowhere but to casinos/one track mind single guys love each other. However, this article about a sports bettor's ban list is a bit confusing, and I need an expert here.
I get that winners are sometimes banned from playing the game they are good at--because they win. But a SPORTS BETTING ban list? Makes no sense. So you get banned....this isn't blackjack or slots. How easy is it to just send a friend or relative in with your money to place the bets for you? In fact, I do that every week myself right now.
Rob, try to keep up.
I have mentioned in a couple of previous posts, which you read, that the NGC would not be happy with your posts here. They really wouldn't give a rat's ass due to the modest bet sizes, but publicly they wouldn't be happy with the posts.
Second, I have mentioned that the NGC put some formal rules in place to slow Billy Walters down a bit. I asked if people knew what they were. Evidently you do not.
If you worry about little things like the feds snooping around you and yours, it might be a good idea to ask Dan to erase most of the "Singer Five" postings. If you don't worry about the feds, then carry on.
You know when you think somebody has some knowledge about stuff? And then they say a few things about your personal expertise? And they are so far off base that it makes you scared that you actually thought they might know what they were talking about regarding other topics? This is one of those moments.
By the way, I'm being a little bit snarky, but I'm doing you a favor. And if you had simply processed what I posted previously, I would have done you a large favor. And also, by underlining this, mickey did you a favor, too. Kumbaya.
Also, while I'm at it, let me mention that if Mr. Mendelson had caught me or kewlJ or mickey crimm breaking some stupid casino-favoring federal laws or dumb-ass NGC rules and regs (I don't really want to call them "laws"), you can bet Mr. Mendelson would have been all over pointing that shit out at first opportunity. But when Rob breaks some legal china, Mr. Mendelson stays silent. Really poor discriminatory reporting, and doing Rob no favors, might I add.
And, to meld irony to insult, the fact that I previously stated that I do not believe Rob actually made the wagers -- well, it works in Rob's favor in a legal sense. I think it's all make believe, and I think any reasonable person investigating the matter might come to that conclusion, also.
One never really knows who one's friends are, eh?
Latest Bob Dancer article:
https://www.google.com/url?sa=t&rct=...t5z0Qqcva2REFr
ESPN article, What U.S. Leglization Means to Offshore Sportsbooks
https://www.google.com/url?sa=t&rct=...lPvYCuuuggKUIn
Good ole Mike Warren. When I moved to Massachusetts in 1984 I did some serious sports gambling for four years. I had a few buddies in on the action for Warren and a tout sheet called Professor P (not affiliated with Warren). The tout sheet was excellent. The sheet would give the opinion of numerous games and if the betting spread was ultimately 6 points or more from his prediction, you bet it. Basically, you average three or four games per week. Never had a losing year with the sheet.
Mike Warren may have been the biggest name at that time with Jim Feist. Warren was not bad, but jeez, gold level, silver level, Monday Night picks, there were so many different options, it was a pain in the ass. Obviously, by mid season he would proudly advertise the system that was doing well. Heck, with 10 different options, something had to be above average.
Anyhow, his big claim was the Lock of the Year. When the pick came out it would change the line a minimum of three points. He nailed his first three locks when I had the service. His fourth lock lost by a point or so. He claimed victory as he used the spread that was given on Thursday’s before his pick changed the line.
The funny thing was in 1986 when he chose Boston College over Holy Cross, two local teams in my backyard. BC was favored by 17 to 21 points or so. Holy Cross was 10-0 with Geordie Lockbaun. The game was at Holy Cross and the field was a mud pit due to a snow storm a few days before. Anyhow, Holy Cross takes a 14-0 lead out of the gate. Unbelievable. Ultimately, BC won by 30 points. Yes, Warren won his Lock of the Year but he had the audacity to state that those customers that called him to bitch in the first quarter are meaningless and should just cancel from his service, he does not need them. There was no offer for a refund.
Thanks Red for mentioning a name that I can relate to.
The Proposed Federal Bill on Sports Wagering:
https://www.google.com/url?sa=t&rct=...yUFao6MBSWmvxT
Latest Bob Dancer article:
https://www.google.com/url?sa=t&rct=...-oEvlipwM_gcf7
The 5 Biggest Gaming Stories of 2018:
https://www.google.com/url?sa=t&rct=...2Hhh0kfqvPgy-r
California Gambling Regulations in Need of Repair:
https://www.google.com/url?sa=t&rct=...Vi9DdO-couqosf
$20 parlay cashed for 50K
https://www.google.com/url?sa=t&rct=...u6eikfoOTOjdKn
Casino typo costs woman jackpot.
https://t.co/FUxSxe65Ru
Navy officer had a gambling habit:
https://www.google.com/url?sa=t&rct=...8peaXOffwKHpky
Excellent GWAE podcast with ultra-intellect and super AP Mathboy (one of the best episodes for quite a long time):
http://slot-machine-resource.com/podcasts/mathboy.mp3
How One Man Hacked His Way Into The Slot Machine Industry. Old article but pretty interesting.
https://www.google.com/url?sa=t&rct=...avGK7sLAbFxdyn
Not as bad as it appears.
This is 2.5 months old, but everyone is just hearing about it now, because it was buried at the time under other more "important" news in DC.
This may or may not matter in practice, but it's definitely a bad thing in theory.
This now gives the federal government power to take action to prohibit interstate gambling.
It will NOT interfere in any online gambling taking place WITHIN a state, as the 1961 Wire Act only deals with interstate betting.
This means that the recently-passed sportsbetting legalization (giving power to the states to decide) will be unaffected, and none of the recently-opened sportsbooks in non-Nevada states will be closed.
This also means that state-restricted online poker will not be affected, BUT the compacts between states to share player pools (such as the one in poker involving Delaware/Nevada/New Jersey) might end up being reversed.
This could also largely put the brakes upon the expansion of online poker in states, if it's known that they can't partner with other states to enlarge player pools. It has already been seen that online poker is a huge fail if it's confined to a tiny state (Delaware), mostly a fail in a small state (Nevada), and somewhat of a fail in a medium state (New Jersey).
This is unlikely to affect any of the existing illegal poker rooms and sportsbooks (such as Bovada), as they were already operating illegally. If anything, this might strengthen them, if it ends up slowing down legalized online poker.
Gambling with an Edge's 2nd installment with super AP Mathboy - another excellent episode:
http://slot-machine-resource.com/podcasts/mathboy2.mp3
Article on Tennis match fixing:
https://www.google.com/url?sa=t&rct=...U3skKg4RITHfTc
Can someone give me a little guidance on downloading a podcast to my android phone so I can listen on a plane or while traveling? I don't think I have ever listened to a podcast. I have streamed stuff from sound cloud and other places but that will not work on a plane.
I only have a flip phone, but I am guessing that you can save the podcast onto your computer. Then log onto your e-mail and attach the saved podcast. And then e-mail the podcast to your phone and double click on the attachment. Alternatively, I think you could open www.vegascasinotalk.com from your Android phone's browser and then press on the link:http://slot-machine-resource.com/podcasts/mathboy2.mp3 located within this posting.
This is over a year old.
I didn't read much, just skimmed.
I got the point.
THE DAYS OF THE ADVANTAGE VIDEO POKER PLAYER ARE GOING, GOING…
https://www.njonlinegambling.com/adv...ore-difficult/
Do you remember those CET commercials with the CEO, what was his name, Loveman?, saying "if you are having trouble setting or keeping a limit we hope you will call this number." Well, here's a customer that definitely had trouble with that. And this is what Loveman and CET did to him:
https://www.google.com/url?sa=t&rct=...y00hS92q0EQtc8
A bit dated but noteworthy nonetheless IMHO (for those that hadn't heard):
https://tinyurl.com/yd5eu98z
Sheldon Adelson about ready to go:
https://www.google.com/url?sa=t&rct=...lfMHOA3ivLH_ll
This could put the final nail in the coffin for the heavy restrictions of regulated interstate and international online gaming in the United States because of Sheldon's heavy interest in maintaining his brick and mortar monopoly. Sports betting created a lot of online momentum for US wagering/gaming and this will further it - a when not an if IMHO.
A Delaware Downs case:
https://www.usbets.com/delaware-spor...arlay-lawsuit/
A person holding a Texas Tech future bet is looking to sell it.
https://www.google.com/url?sa=t&rct=...qZ-Qe5UaRNHtWJ
Tableplay, are you a long time member on another site "Wong" using another handle?
Let's not bring too much crap into this thread if we can avoid it. I know I have done my fair share of that but you guys seem to keep it going forever with very long winded posts.
MORE GAMING NEWS EVERYONE!!! No matter how big or small.
Professional Sports Bettor Cruising on Jeopardy:
https://www.google.com/url?sa=t&rct=...tIvU6Z1wcqpCL_
Looks like they got swindled by the carny game razzle-dazzle:
https://www.google.com/url?sa=t&rct=...ZblFoqy_1BQc-N
https://en.wikipedia.org/wiki/Razzle_(game)
Excellent (IMHO) GWAE interview this week with Rob Reitzen (2019 BJ Hall of Fame inductee):
http://www.slot-machine-resource.com...ts/reitzen.mp3
Excluding the people, I know personally or from the forums, one of the more recent ones I found the most interesting was the guy making money via affiliates and streaming his slot play and beating online bonuses. Sounded like he had 4 dirrent ways to make money doing the same thing. I have a feeling there's some stuff he could be doing to increase his value even more.
I have a cousin thats into slot videos like the slot lady and others on youtube. He says the videos where a big jackpot hits are the most valuable. I don't know why. How are they making money? Do they charge to subscribe to them or something like that. How do you make money with a youtube channel?
Ad revenue and some have those sites like Pantheon where you can donate to them. All of these YouTube bloggers are losing players though. For every one video they post showing a "big win", hundreds of "big losses" videos get trashed.
I will say this, I have learned a few AP plays that I never knew about from some of the videos.
I know some about how affiliates work and I know a little about the slot streaming, I know about online bonuses. He is putting all that together with some extra stuff and making a business out of it.It was refreshing to hear about something other than card counting. He didn't really get into how much he was making, however, I get the feeling it's a really good gig. When done right any one of those things individually can be really good.
Unfortunately, I am only familiar with the online bonus aspect of it. Hopefully, with legalized state sportsbetting coming online (figuratively and literally), it will once again become easy to fund and withdraw from online casino accounts for US Residents (rather than having Western Union butcher your payout with a massive processing fee).
From what I understand he only streams a few online casinos and uses bonuses while doing that. I would guess they probably give him better and more frequent bonuses than the average Joe. I have no idea what the bonus terms are so its hard to say how lucrative that aspect is for him it could be really good, but for all I know that could be a break-even proposition for him. In turn, that allows him to freeroll all the other stuff from the streaming and affiliate revenue. I have to imagine people are much more likely to sign up and deposit if they are watching his stream. Getting people to make a deposit is key, that's how most online casino affiliates pay their promoters and not usually by clicks and views. They will either get a flat fee, a percentage of whatever the casino makes from a player or some kind of hybrid deal between the two. I have seen as much as $200 per depositing player who deposits as little as $50. Obviously, you could game that system for a while, I haven't seen anything that good for years. Most of the deals nowadays are percentage based. I have seen percentage deals of up to 50% of a players losses. Once you are an established affiliate partner you can negotiate the deals. When I get a chance I will check out what online casinos he is playing(unfortunately, I have a feeling they are restricted in the USA)
The problem with legalization is monopolization. And suddenly the deals for the players get worst. If you are an AP theres a chance they bann you accross the board. Then again, it also opens up other opportunities.
That's a very good point. Hopefully, since online casinos are a global industry, it will be more difficult for monopolization to occur (versus something like Walmart taking out small local competition since people do their grocery shopping locally, not globally).
This should make midwest hustlers happy:
https://www.google.com/url?sa=t&rct=...p2UXi8H4PE9Oxi
This is a great article about some of the sportsbettors I follow on twitter. Lots of sportsbetting history in the article to.
https://www.google.com/url?sa=t&rct=...ycafMqdH2zY1Ph
A story ran on 60 Minutes. Jerry and Marge Selby. A fabulous Advantage play from a retired couple hitting the Michigan State lottery. Over and over again. Completely legal. This has got to be the ultimate AP. Hopefully someone can post a link.
lottery roll down, if nobody hits 6 picks, award prize money to tickets with 5 picks
https://www.cbsnews.com/news/jerry-a...es-2019-06-09/