Risk of Ruin

Erik Seidel and Steve Zolotow were among the gamblers to come out of the storied Mayfair Club in New York City. The Mayfair inspired some of the locations in Rounders, and is also known for the breadth of success that its players have had in poker. The episode covers the history of the club, its bridge and backgammon roots, and the careers of Erik and Steve.Special thanks to Larry Bernstein.Email the show: Risk of ruin pod at gmailTwitter: @halfkellyFollow Erik on Twitter: @Erik_Seidel

Jim and Dan Pasko talk about their father and son sportsbetting operation. The Paskos use math to find positive EV bets like correlated parlays and player props. Jim Pasko has been a professional gambler for almost his entire adult life, first starting as a backgammon player during the heyday of that game. Dan joined him in professional gambling when they found opportunities with the early internet sportsbooks.Follow Dan on Twitter: @dan_paskoFollow the show on Twitter: @halfkellyEmail the show: risk of ruin pod at gmail.

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

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

The lives of two sharp sports bettors, and one bookmaker. Our guests talk about getting started in gambling, going from losers to winners, and the technology they use to keep their edges.Guests: Spanky, Captain Jack Andrews, and Ray MarinoSpanky's Be Better Bettors: https://podcasts.apple.com/us/podcast/be-better-bettors/id1493902736Captain Jack's Youtube Channel: https://www.youtube.com/watch?v=bH3gZ9jpBZYCaptain Jack's new venture: https://unabated.comRay Marino: https://www.bookmaker.eu/Frank B. talks about dice control on GWAE: https://www.youtube.com/watch?v=REZgF55WPngFollow the show on Twitter: @halfkellyEmail the show: riskofruinpod@gmail.com