Kai talks about leaving the work world behind in favor of early retirement, and the part time pursuit of bank and credit card bonuses. He also discusses Lean FIRE (Financial Independence Retire Early) and how churning bonuses fits into his FIRE plan.Kai's podcast: The Daily Churnhttps://podcasts.apple.com/us/podcast/the-daily-churn/id1577648675Email the show: riskofruinpod@gmail.comTwitter: @halfkelly

This podcast explores the emotional challenges of downswings in poker and how it translates to life's ups and downs. It discusses the unique style of play of a player named Phil the Rabbi and its impact on the poker game. The episode also delves into taking high-risk positions in mergers, the challenges faced by the media when reporting on legal proceedings, the allure and risks of short selling, a story about shorting the stock of Abbott, and the experiences and strategies of advantage players.

The podcast discusses advantage play, covering topics such as the rise and fall of LTCM, learning to count cards in blackjack, transitioning to video poker, winning strategies on slot machines, exploiting loopholes for financial gain, discovering loopholes in travel and sports betting promotions, and the allure of NFL betting.

Bill Perkins is a natural gas trader, a minor celebrity in the poker world, and the author of "Die With Zero." Bill talks about his start in the markets and becoming an energy trader. He tells the story of almost blowing up during an extremely cold winter.Links:Die With Zerohttps://www.diewithzerobook.com/Bill's Twitterhttps://twitter.com/bp22Bill's Instagramhttps://www.instagram.com/billperkins/?hl=enWSJ Article titled "The Last Cowboy"https://www.wsj.com/articles/bill-perkins-is-the-last-cowboy-betting-on-volatile-gas-markets-1501844400Email the show:riskofruinpod@gmail.comTwitterhttps://twitter.com/halfkelly

They went to Las Vegas as card counters and over years they discovered other ways to win in the casino. Eventually they became advantage players. This episode is about the Las Vegas that existed before mega resorts. Our heroes played hole cards, used computers in the casino, used video cameras in the casino - to name a few of the crazy stunts they pulled off.Guests: Richard Munchkin, Mark Billings, Tommy Hyland, Darryl Purpose.Contact the show: riskofruinpod@gmail.comTwitter: @halfkellyLinks:Gambling Wizards, Richard MunchkinThe Ultimate Edge, Mark BillingsFortune's Formula, William Poundstone

They went to Las Vegas as card counters and over years they discovered other ways to win in the casino. Eventually they became advantage players. This episode is about the Las Vegas that existed before mega resorts. Our heroes played hole cards, used computers in the casino, used video cameras in the casino - to name a few of the crazy stunts they pulled off.Guests: Richard Munchkin, Mark Billings, Tommy Hyland, Darryl Purpose.Contact the show: riskofruinpod@gmail.comTwitter: @halfkelly

Marc Cohodes was the subject of the prior episode titled "Life's Too Short." Marc returns to the podcast to talk about figuring out the FTX scheme, using that to short Silvergate, and Signature Banks, and also the banking turmoil that has followed.Follow Marc on Twitter:https://twitter.com/AlderLaneEggsLife's Too Shorthttps://podcasts.apple.com/us/podcast/lifes-too-short/id1527018692?i=1000498472731Odd Lots episode with Sam Bankman-Friedhttps://podcasts.apple.com/us/podcast/sam-bankman-fried-and-matt-levine-on-how-the/id1056200096?i=1000531062191Alan Lane on the Pomp Podcasthttps://podcasts.apple.com/us/podcast/alan-lane-ceo-of-silvergate-why-bitcoiners-shouldnt/id1434060078?i=1000457223824Risk of Ruin Newsletterhttps://riskofruinpod.substack.com/Follow the show on Twitter: https://twitter.com/halfkelly

An episode about the ever elusive idea of winning at craps using physical skill, aka dice control. Guests: Advantage player Frank B., PhD economist Robert Scott, and special guest Richard Munchkin.Risk of Ruin Newsletter: https://riskofruinpod.substack.com/Links: Robert Scott's papers on dice controlhttps://digitalscholarship.unlv.edu/cgi/viewcontent.cgi?article=1375&context=grrjhttps://digitalscholarship.unlv.edu/cgi/viewcontent.cgi?article=1415&context=grrjGambling With an Edge episodes on dice control:https://www.youtube.com/watch?v=8iWapKXDCH0https://podcasts.apple.com/us/podcast/gambling-with-an-edge-guest-frank-b-on-dice-control/id459476611?i=1000520531943http://www.slot-machine-resource.com/podcasts/kc.mp3

Blair Hull played on the original Big Player blackjack team in the 1970s. He played with Al Francesco, Ken Uston, and ran into other pioneers of the game including Keith Taft. The Francesco teams were the subject of the book "The Big Player".  After blackjack Blair moved into the financial markets where he used his proprietary options strategies to turn $25,000 into millions. Blair talks about his life searching for edges, and the lessons he learned.Links: Hull Tactical ETFEmail the show: riskofruinpod@gmail.comFollow on Twitter: @halfkellyThe Big Player on Amazon

Mickey Crimm hitchhiked to Laughlin with little more than a sleeping bag and a backpack. In the casinos there he learned to hustle slot machines and play video poker with an advantage. He made a career out of these advantages and built up a bankroll over the years. Bob Dancer arrived in Vegas with a bankroll of $6,0000. He eventually became a video poker pro and then later a millionaire.This episode is about playing casino machines with an advantage.Resources:Follow Risk of Ruin on Twitter: @HalfKellyEmail the show: riskofruinpod@gmail.comFollow Mickey Crimm on Twitter: @MickeyCrimmBob Dancer's autobiography, Million Dollar Video PokerGambling With an Edge