Our guest this week is “Millennial Gambler,” a young Canadian player who parlayed online gambling and the rise of Bitcoin to go from a bankroll of $250 to more than a million dollars.
Two important notes:
This episode is about Internet gambling which is illegal in some places. Know your laws before you do this. Second, it is paramount that if you play any online casino with a bonus that you carefully read the terms and conditions.
podcast
Click to listen – Alt-click to download
Show Notes
[00:47] A humble strategy for Pokey
[03:56] The origin of MG’s name
[07:07] MG’s start as an intelligent gambler
[10:49] What happened in 2009 and Bitcoin
[27:19] Camouflage bets
[36:51] Total Rewards, social media, and voluntary child labor
[43:50] The Las Vegas story
[46:03] Other gambling interests
[48:08] Watchdog websites for online gambling
[49:49] Issues over trust between partners
[53:21] Online resources on online casinos
Blackjack Blueprint: https://amzn.to/2H9tTcx
Comp City: https://amzn.to/2EiZTaM
Wizard of Odds: https://wizardofodds.com/
Pogg: https://thepogg.com/
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I like to collect coins to, I’m always on the lookout for a 1943 copper wheat penny when I get change back. It was interesting to hear the guest talk about how he got around the IP address problem regarding the casino.
This is a fascinating episode. What an amazing story for a low roller to make it big on math and stats. These episodes are the reason I listen to the podcast.
It’s official. Pending withdrawal for $250 profits. Get this Canadian back on the show soon!
MG seems like a hard working grinder but he doesn’t understand casino bonuses that well. I understand playing $1 per hand to minimize variance when working with a small BR, but once the BR was bigger he kept playing $1 per hand. What a waste of time. He could have saved himself hundreds of hours by playing $5 per hand instead. The extra time could have been used to seek out other deals beyond simply Bovada.
The golden years of casino bonus hunting were pre-2004 anyway. That’s where hundreds of thousands of dollars were made.
Also, under no circumstances should anyone think about taking a sports bonus and betting both sides (at the same book!). They’ll take away you’re bonus and maybe you’ll be lucky to even get your deposit back.
In general, this is amateur hour stuff here. GWAE should seek out other experienced guests for these topics.
BAUS
It’s interesting how Richard and Baus discussed looking for other bonuses. I would focus my time at getting more accounts with people I can trust. I’m assuming that is what MG was doing.
He did state that he started going up from $1to $2 to $5 to $10 to $25 to $100.
At what point in the bankroll would you increase to $5 per hand or more? I would think each grand would increase my bankroll one unit.
This kid gambled. He went from doing something where he knew he had a definitive edge, to placing a large bet on Bitcoin, a bet that was out of his hands in which the outcome was uncertain at the time of placing the bet.
That’s true blitz. Better to be lucky than good!
I agree completely. He made most of his profits in Bitcoin”s exosove growth. He got lucky there too. It’s an interesting story about a gambler. But, he’s a straight up gambler who got lucky.
Buffalo-Yo and MG are one in the same.
I wish!!!!
Millennial Gambler, how are your bitcoin investments going ?