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Gambling With an Edge

Gambling With an Edge

By: Gambling With an Edge
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 Professional gamblers Bob Dancer and Richard Munchkin host Gambling With an Edge which aims to make you a better gambler tomorrow than you were yesterday.Copyright Gambling With an Edge
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Episodes
  • Nigel Eccles Fan Duel co-founder

    Nigel Eccles Fan Duel co-founder
    May 11 2025
    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 thoughts

    X.com/nigeleccles
    Bethog.com
    Betdex.com
    FanDuel.com
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    40 mins
  • Buddy Frank 2025 Casinos using AI

    Buddy Frank 2025 Casinos using AI
    Jan 1 2025
    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 hr and 1 min
  • Bob and RWM - What have we been up to?

    Bob and RWM - What have we been up to?
    Dec 25 2024
    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
    Show More Show Less
    44 mins

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