AP of 50+ years, host of Gambling with an Edge and author of Gambling Wizards - Richard Munchkin (https://x.com/RWM21) joins the show. From his start as an AP in old Las Vegas to the end where he shares the most...interesting(?) Bayesian update, this episode is a ride. Richard's story telling is unmatched in the industry - and he has a career of professional gambling to draw content from. We talk about his early days, and what he's doing now with regards to sports betting and other casino gam...
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AP of 50+ years, host of Gambling with an Edge and author of Gambling Wizards - Richard Munchkin (https://x.com/RWM21) joins the show. From his start as an AP in old Las Vegas to the end where he shares the most...interesting(?) Bayesian update, this episode is a ride. Richard's story telling is unmatched in the industry - and he has a career of professional gambling to draw content from. We talk about his early days, and what he's doing now with regards to sports betting and other casino gam...
Why Tracking Bets the Right Way Makes You Money & Some Great Q&A | Ep 120
The Risk Takers Podcast
1 hour 52 minutes
2 months ago
Why Tracking Bets the Right Way Makes You Money & Some Great Q&A | Ep 120
SP says that there may be nothing more predictive of whether someone is a winning bettor than how diligently they track their bets. Is tracking your bets a magic pill that makes anyone profitable? It's not magic - but there are a lot of alpha generating benefits of tracking that go along with the important accounting hygiene and performance measuring. 00:00 – Why Track Your Bets? 05:00 – Taxes & Record Keeping 07:00 – Performance Measurement 16:00 – Alpha ...
The Risk Takers Podcast
AP of 50+ years, host of Gambling with an Edge and author of Gambling Wizards - Richard Munchkin (https://x.com/RWM21) joins the show. From his start as an AP in old Las Vegas to the end where he shares the most...interesting(?) Bayesian update, this episode is a ride. Richard's story telling is unmatched in the industry - and he has a career of professional gambling to draw content from. We talk about his early days, and what he's doing now with regards to sports betting and other casino gam...