The Iced Coffee Hour - How To Beat The Casino: Why VegasMatt Loses $100,000's To Make Millions

Episode Date: December 15, 2024

NetSuite: Take advantage of NetSuite’s Flexible Financing Program: https://www.netsuite.com/ICED ZocDoc: Go to https://www.zocdoc.com/ICED and download the Zocdoc App for FREE Ramp: Now get $250 when you join Ramp at https://ramp.com/ich Subscribe to  @VegasMatt  Here! Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: [e-mail] For Podcast Inquiries, please DM @icedcoffeehour on Instagram! Timestamps: 00:00 - Intro 00:01:45 - How can you afford this? 00:03:28 - First job 00:05:01 - On financial security 00:06:42 - Going from $0 to $10 million 00:07:35 - Buying investment properties 00:08:59 - Sponsor - Netsuite 00:10:13 - Why not invest in stocks? 00:10:48 - Balancing financial risk 00:14:25 - Going broke 00:16:25 - Biggest positive net worth swing 00:17:47 - First time gambling 00:18:59 - Why are you drawn to gambling? 00:23:42 - Can you improve at gambling? 00:27:26 - Sponsor - Zocdoc 00:29:00 - Meeting his son EJ 00:31:20 - Turning gambling into a business 00:38:12 - Slot machines: which to play? 00:38:47 - Knowing when to walk away 00:44:23 - Are you addicted to gambling? 00:50:03 - Gambling glamorization concerns 00:56:21 - Why can’t you write off losses? 01:03:22 - Why are you more successful than others doing similar content? 01:07:14 - Sponsor - Ramp 01:08:19 - Open your own casino? 01:11:36 - How calculated is your content? 01:14:09 - Most $ you saw someone lose 01:32:28 - Most $ you saw someone win 01:35:43 - When do you walk away winning? 01:39:25 - Craziest gambling story 01:46:35 - Your biggest single bet 01:47:45 - Thoughts on online casinos 01:57:20 - Biggest insecurity 02:01:35 - On marriage and family *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

There's more to life than finding the perfect car. But finding the perfect car can help you get the most out of life. Like the SUV that handles everything from drop off to off road, and the car that hulls groceries and hockey teams, or the van that's gone from just practical to practically family. Whatever you want, wherever you're going, start your search at autotrater.ca, Canada's Car Marketplace. Gambling is probably dumb. Like you're going to lose. If you played for the rest of your life, you're going to lose money.

Like I think our biggest loss was $140,000 in a session, which was probably three hours. Where did you get the money to be able to do that? The best investments I ever made were real estate because it hides the money from me. I have money in the bank. I find a way to spend it. We went out for dinner one night and he was playing video poker. He hit a royal flush for $78,000 and I filmed it. And so by the end of dinner, that had 80,000 views. So I knew that you could turn it into something.

And so I did. I encourage anyone that wants to do YouTube to do it. 99% of them fail because it's harder than it looks. You're going to have obstacles, et cetera. What makes you successful where a lot of other people do what you do and fail? If I was speaking to any creator or to your question, what really resonates on social media these days is authenticity. Did you ever feel like you were addicted to gambling?

Vegas, Matt, you are known for winning or losing hundreds of thousands of dollars per hour. Welcome to the ice coffee hour. Well, thank you. That might be a mild exaggeration, but I don't know. I mean, I have lost a couple hours, hundreds of thousands of dollars. But not to disagree with you right out of the shoe, but I'm just so sensitive about that, you know, people tend to exaggerate. You know what I mean? Like, we gamble, I could even make it sound better.

We'd gamble millions of dollars per year, you know, I mean, but I mean, hundreds of thousands per hour. I guess are you talking coin in? You know, coin in for sure. But winning and losing, like I think our biggest loss was $140,000. Actually, I know our biggest loss was $140,000 in a session, which is probably three hours. So a lot of people see that and I wonder, where did you get the money to be able to do that? The amount of money, you know, isn't really all that much. You know, I mean, it's not as much as people think.

And yes, we have some big losses and we've had some big wins and we keep really good records. and we play as smart as humanly possible. I think we put a lot of effort into like where we're going to play and when we're going to play. And we try to, you know, minimize the house edge, which, you know, on a slot machine probably runs anywhere from 5% to 15% of every coin in. If you played it for an infinite mathematical horizon, that's what you would lose, that percentage of your coin in. And so we do everything to try to like make those numbers smaller. But we were just talking yesterday. The updated number as of like yesterday were down $315,000 in approximately the last 18 months

when we started really keeping accurate records. So what is 300 divided by 18? And you're smart guys. What's like 20 grand a month is all we've lost. Every take? Yeah. So now it's like, oh, 20 grand. Like that all sounds like, oh, that's nothing.

But at this stage, especially. especially, you know, with all the revenue that we're making, it's, that's just a cost of doing business. Now, sadly, the IRS doesn't see it that way, so you can't write off gambling losses against active income. But it's not really that much money, I guess is the question. So how I made it, I don't know that it's necessarily relevant. I mean, I was in sales my whole life. I worked really hard and I bought real estate and did some Airbnbs, I bought a property management company and had, you know, some, some net worth south of 40 million. What was your first job? My parents were awesome, rest of peace, and, you know, really good example, hard workers,

owned a small business together, an insurance agency. And so even though we lived in like an upper middle class neighborhood and we were far from poor, we were, we were fine. My dad did well. You know, it was, you know, get up when it's freezing cold, you know, and go do this paper route where you have to like walk all the way down this massive hill, every pet house on one side. then walk back up you know the other side and it wasn't pleasant you know for and uh but i you know and literally i think i remember it was a once a week paper out it wasn't too stressful but once a week

and i think i remember my check for the month was like seven dollars and something i'm old as the hills you know but it was in like the 19 like probably in like the early 70s you know and then when i got into high school dishwasher right at a restaurant then brought then bus boy i mean you know so like actual work, you know, and then then I went to college, got a degree in business economics, and then my first job was at a bank, a management training program at a small thrift and loan. So that was, and then that lasted a very short period of time because I absolutely, I felt like a caged animal. Like it was just not my natural state of being to be in a nine to five. Like there's, I just didn't do. I lasted 18 months. And then that was the last of jobs in my career.

career. When in your life would you say you made that jump to being like, okay, like I'm doing all right to, okay, I'm doing well? That's a great question. I love all of you guys. I actually I've done some homework, very impressive. So how much money do you need to live, right? You have to look at that. So if you need $20,000 a month, you need to have $240,000 a year after tax, right? I would imagine. Okay, so to get $240,000 a year after tax, and then it depends on what you're making on your portfolio, right? So if you have $10 million and you're making 5% on your money, right, you have $500,000, right? So I guess like for a long time, that was a goal. You know, it was like get to $10 million and then you get $500,000 a year.

And if you get an okay return on your money and you can live on that. So I would say when I hit around $8, $10 million in net worth, I felt like I had actual money. Then there's like, the next level is can you fly private? You know, like, and then, which you probably wouldn't want to do because it's ridiculous, but I absolutely enjoy flying private. Like some of the casinos have planes, you know, and it's like once you do that, and then the next day you're getting like strip searched, you know, going through TSA, that's never really happened, but you get the idea.

Like, it's like, oh, all this aggravation versus like driving up to the plane. It's like, so, but for that, you know, you need to have a net worth more like the one that the imaginary internet people think that I have. And that's one of my still, like, I still have goals financially. Like, I'm still going strong at 61, not giving up. I want to get jet money. What was the process to getting from, let's just say, zero to $10 million? The best investments I ever made were real estate because it hides the money from me.

I have this habit of if I have money in the bank, like, I find a way to spend it, you know, and with real estate, you buy it, and you hold it, and it generates cash flow, and then it appreciates, you know, so, I mean, even like my home in Vegas is a good example. I paid $800,000 for that home in 2012, and at the highest, it was worth close to $3 million. I think you mentioned this earlier. There's been a little pullback in the valuations here in Vegas. So I'd say now it's maybe two four, two five, six, that range. But that's a pretty nice chunk of change just for living in a home with a with a $650,000 mortgage at 2.75%. And why real estate? I just like it. So like I am a perpetual goof off. Like I'm a kid. I swear I'm like a 16 year old.

I just like to have fun nonstop. Like I do not like it. people telling me what to do. That's why I didn't do well in a job. And so I liked to buy a house in Lake Havasu because we used to love going to the lake when my kids would have me. We'd go in Minnesota. So my parents cabot. But at a certain point in time, I'm going to get my own my own lake house, you know. And then that was when I heard about the concept of Airbnb when it was first starting. So we're probably talking early 2000s range, something like that. And I thought, hey, wouldn't that be cool to have a house that you could also just rent out short term, make money on it, and then also use it when you wanted to. Now, then I bought a place in Costa Rica, and I really

like going to Costa Rica. So I start buying houses in Costa Rica and a focus there. And so it's another cash flow of property. So my philosophy is like buy stuff where you want to go. And then so that was, I mean, maybe not the brightest philosophy in the world, but I just, can somehow combine a vacation and a vocation, you know, do that if something that's fun. That's always been my overrunning philosophy. It's not fun. I'm not doing it. Why not stocks? But really quick, before we go into that, you have to ask yourself the question, what does the future hold for business? Because if you ask nine different experts, you're going to get 10 different answers from a bull market, a bear market, the economy is going to crash, it's going to surge. It would

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Again, that's netseweet.com slash iced. Thank you so much, NetSuite for sponsoring this episode. And now let's get back to the podcast. Why not stocks? I like stocks. I mean, I have a very balanced portfolio managed, but, you know, I try to just not pay attention to that, although I still, like, check Bitcoin stocks and everything like 100 times a day, like on my phone. But I have the majority of my money at, like, a big, you know, financial place. And they just do it.

And I have a lot of stocks and bonds and all that kind of stuff. So, yeah, I certainly am not, you know, a financial whiz kid, but I'm done okay for myself. have enough money to go and gamble. Do you find that you also have taken similar risks with career or with other investments? Oh, absolutely. Now, so I had an interesting dynamic in that, like I said, my family was very stable. My parents were the complete opposite of me. You know, then I think that we tend to be the opposite of your parents. I heard that. And a long time ago, and I've, I've gathered evidence along the way. Like, for example, E.J. is the complete opposite of me. Like, I'm 61 and the other night I went out to Zook, you know, till three in the morning.

E.J. doesn't ever go out and he has no interest in it. You know what I mean? It's like you, you tend to be the opposite of your parents. So my parents were so strict and like so restrictive on my behaviors, whereas like I would tell, I'd leave, I'd leave town and I'd tell E. Hey, you should throw a party. We have a sick house with a great pool and a hot tub and a water slide. You should have like the whole, you know, the whole gang over here. And then they wouldn't do that. And then whereas with my parents would leave, they said, if you have one person in this house, it's going to, you're going to have hell to pay. And then, of course, the minute they leave, I have like the whole school over like 200 people, the police come and I get in all kinds of trouble. Somebody throws up. You know, that's like Project

X. Yeah. So I digress. So yes, I take, I have always been at risk. Like, so I think if you're an overprotective parent, you're going to end up having kids that are. maniacs. Like my strategy was just be let them do whatever they want and then they became wonderful children. Both my kids are incredible. So yeah, my mom's really overprotective and strict. And that restriction on my behavior when I was younger, I think made me act out once I got to college and got free. And so I'm a tremendous risk taker. And then I also, because I'm going to sit there's Also, they offered an amount of financial stability. Like, I think of very lucky in that if I ever felt like I had a problem and I was going to be homeless, I knew that would never happen.

It was like, you know, walking on a tightrope, but, you know, you have a net. Now, I only used the net once in my life, and I borrowed $30,000 from them in, like, 1991, you know, when I was like, so I was, what, late 20s, you know, just have a first kid. I just got upside down. And that was a real pickle. Credit card bills. What happened then? I just was, I was involved in a business that just went, you know, went tits up. And I had let my lifestyle get ahead of my income or like, you know, I mean, it was doing

things like, you know, like you would probably recommend against, you know, like I had a BMW 733, you know, and I, a car phone. Like, you know, like when they first came out, like the built in one with the antenna on the bag with a $1,500 a month car phone bill is very important. And then just all of a sudden, my income went from like $30,000 a month to zero. And I just, and I just, it just overnight went to zero. And I was like, oh, you know, and I, it took me a minute, you know, to let my lifestyle calm down and realize that, you know, this is a problem, regroup, refocus, find something else to do. And I just got into this, you know, it seemed like an insurmountable amount of debt at the time.

And I just said, my parents, I said, hey, I just need. to borrow some money. And so like my point is, is that I was willing to take more risks because I knew I had to save it. Like I said, I'd never really leaned on it because they were the last, like it was, it was like the worst thing in the world asking my parents to borrow money. But I, I knew I'd never be homeless, so I was willing to take more risk. Yeah, it makes sense. How difficult was that to readjust for lifestyle? Very difficult. But I think it's what made me who I am, you know, like I can, you know, you can knock me down. I, well, unless I don't ever get up again, you know, like I'm going to come back stronger than ever before. And that's what I always did.

So I was pretty into personal development, you know, and I had learned about goal setting and all that kind of stuff. And, and I, one of my favorites was Tony Robbins. And so when that happened, I was so depressed. So I was like, after I got done feeling sorry for myself and my wife said, like, you know, okay, what next? You know, I really like Tony Robbins. And I said, well, I want to go work for Tony Robbins. because I think the guy's awesome. I've been doing seminars. I go, wow, the guy's the best speaker I ever heard.

So I just kind of put that out there that I was going to work for Tony Robbins. And I found a franchisee, a friend of a friend who he used to have these franchises up in Oregon. And I moved to Oregon, worked for Tony Robbins, got my headspace back in order. And then I ended up getting a job selling like videos, producing videos and stuff for that industry. So I kind of became a vendor, which kind of distanced me from a little bit, and I did really, really well at that too. Like every time I made any kind of career change, I always ended up doing better, the most recent of which now all of a sudden I'm a YouTuber. And thanks to my son and my partner, WBG, Robert, you know, these guys are brilliant. We all have incredible work ethics and we're doing quite well at this because I'm putting the same 18 hours a day, you know, focused intensity, all the things.

I did my whole life into doing this. And I encourage anyone that wants to do YouTube to do it. You have one always wants this. There's 100 channels that start every single month. It's just like everything else. 99% of them fail because it's harder than it looks. Sit here, you're going to have obstacles, et cetera. Don't miss the devil wears product too in theaters.

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I don't know, probably when I inherited my parents' money. I mean, you know, that's kind of a, we know, I was kind of lame, but I'd say like about half my money came from my inheritance. You know, I mean, I inherited a bit of thanks to my parents being working hard, their whole life, being smart, you know, probably investing like you. My dad would never have bought a Starbucks in his life. You know, I did inherit a few million bucks, and that was really helpful. That lead towards their retirement, or was that post-retirement?

No, that was post-retirement. I had, you know, I had saved a few million bucks that I had a bunch of properties myself, but then, you know, then you layer on another few million, and then all of a sudden, and like you're really comfortable. But then I'm so glad that I didn't just sit there and lead like this comfortable life and go out with pasture, like try to, oh, well, how can I play video poker every day

and, you know, lead a small life with like $10 or $15,000 a month budget to pay my bills. I mean, this is the greatest thing that it happened because I'm like rejuvenated and I'm literally working as hard or harder as I've ever worked in my life and helping my son, you know, get financially independent.

I mean, by the, what are you, 32? 30. Like, all your sister's 32. I kind of knew that. He was 30 years old. By the time he's 35, guaranteed the kid will be set for life, all from his own doing.

I think that's cool. So that's fun to be able to work with your kid. When was your first time gambling? What comes to mind is in junior high, you know, like there was like poker. And there was this kid, Jeff, and he had this house that you could just walk up the hill from my junior high.

And I was such a dork in middle school. That was like the worst time of my life. So these guys invited me to play poker with them. And I just got wrecked for my lunch money. Like literally, you know, like I would like, my parents had this change thing. And I would take like three bucks out of their change thing and go play poker. And what year would that have been? 1975.

So I was like 12, 13 years old or something like that. Playing poker, getting wrecked for my lunch money was my first lesson in gambling. And then, you know, Vegas trips with a fake ID in the 80s, you know, during college. I think. It was for something in New Vegas, totally different city in 1984 than it is today. And I used to live in California and we would go to Vegas a lot. We even bring the kids to the Aladdin Hotel and my wife and kids would be down to the little pool and diapers and I'd be down there playing roulette. Go, come on, 17. Do you think it's hereditary that you have like a fixation with gambling that maybe is like, you know, genetic to some degree? Or like, There's a reason maybe you were drawn to it more than like the average person? I don't know. I mean, I think gamblers are optimists generally. You know, like you're a financial guy.

As I've mentioned, my son's been watching you forever speaks to the world if you. I hadn't seen it. You know what I mean? But then again, I bumped into Bradley Martin at a party and didn't have any idea who he was at first. You know, now I know getting hipper by the day, you know. But you probably, you know, think gambling is idiotic. Like, why would you do something that's a losing proposition, you know, and that's a very logical approach. But gamblers are optimists.

So they're like, yeah, but you could get this big win. And it's just like, it's like any other, let's call it a bad habit. Again, if it's a bad habit, it's not, I'm not in charge of gambling. A couple people are like, oh, you promote gambling. It's like, then don't let casino to put them all out of business, make gambling completely and utterly illegal if it's a problem. I'm not the problem. I want to go on record and say it. But I think there's a lot of people who enjoy it.

It's a rush, you know, the thrill of victory, the agony of defeat. I don't know if this is a genetic predisposition. I know my dad just like to play video poker, but he would play like $0.25 single line. You know, and he kept a record. I found it when I looked through their stuff after he died and he had a record of every royal he got, whether it was clubs or parts. It was so cool. Like he was such a disciplined guy and he never probably lost more than $500,000 a thousand

box and he figured I got a free hotel room and some free meals and it was probably worth it. We were reckless at all, but I'm not sure if it's a genetic predisposition. Unless the Department of Government efficiency eliminates it, maybe we can have the government do a study and spend billions of dollars as to whether people have a genetic predisposition to gambling. I don't know. Was there a specific moment in time where you had some sort of gambling swing positive or negative that actually made a big impact on your overall financial well-being? I think fundamentally mentally, I was taught good values growing up and my parents were really good examples. So I pride myself on being reasonably responsible, you know, like I said, I only really had one time where I,

where I wasn't able to, you know, take care of all my obligation myself had to lean into my parents for a loan, which I paid back, you know, I mean, so it's like I would come out though, like I met with this guy, Steve Sear, he wrote a book called Whale Hunt in the Desert. You know, He's a host here in Vegas, and he became quite famous. He's been on TV, read a book, and everything that. And when I was probably 26, 27, 28 years old, like, you know, not making a lot of money, I went to the Las Vegas Hilton, and he happened to be my friend's host, and he became my host. And he just, there was things were a lot different. Now it's all computerized. Back then, they had the power of the pen, and a host could just calm and do whatever they wanted. And he just gave me a $10,000

credit line. And that's probably the modern day equivalent of a $25,000 credit line. Like, it was a lot at the time. And I remember I got hammered drunk and lost that entire $10,000 in one night. I just, I was chasing whatever it was, craps for that. It was a blur. Like one of those montages in a movie and he just wake up in the morning and you have these slips of paper. And it's like, I owe $11,000. Because I lost the whole 10 apparently and said, I need more. And he gave me. me a 10% bump. So it gave me $11,000 and it took me like a couple years of making payments to Las Vegas Hilton to pay that back. And that was super painful. That's the only time I really actually got into any kind of like trouble gambling, but it wasn't the end of the world. It was painful

a few hundred dollars a month payment and a and a lesson. But I would come and I'd get, you know, like in my 30s, 40s, whatever. I'd come out, you know, like a lot of people you see in Vegas. I come out for a weekend, lose $5 or $10,000. It stung a lot, but it was fun. I was at the Harbrook and the 90s and, you know, there were the great parties and you're at the Peacock Lounge and everyone was there and the celebrities and, you know, it was a lot of fun.

So I think it has an entertainment budget. I wasn't a golfer. I mentioned this before, but I think it's a good analogy. You know, if you, let's say you lose $5,000 five times a year on your Vegas trips. that's $25,000 a year and you're a responsible, otherwise human being. I know people that spend $75,000, $125,000 a year on golf. I don't golf.

I gamble. I think the difference with that is that people think they'll get better at golf. Can you get better gamble? Yes. I'll say, you have good questions, guys. Yeah, I mean, you know, it's not something that I do necessarily. But yes, I mean, anyone can Google, you know, advantage play. You know, I mean, there are people who make a living gambling, you know, that you have, you know, there's things that a card counting.

I don't really understand. I can't pay attention long enough to do it. But, you know, you see the MIT card counting movie or whatever. You know, you can count cards and beat blackjack, you know, but they watch. And if you're beating them, they'll ban you. You know what I mean? Like, that's it. That's how you can get an edge in.

blackjack. You know, those things are, I guess, you know, like gray area of, what is that cheating? I don't know, or is it just a mistake on the casino's part? Then with slot machines, there are things like must hit by jackpots, you know? And some person might be, you know, innocently playing a slot machine hitting the button for three hours and they lose, you know, all their money and they get up and they walk away where literally you can walk up to that machine. You can see, oh my God, that number is at 9,900, 99, it has to hit by 10,000. It moves five cents for every, you know, $50 a coin in. I got to just put in $2,000 a coin and I'm going to make that $10,000. It's a pretty extreme example, but there are, does that make sense? There are situations that exist on slot machines that a player that

plays and has a mathematical advantage. Now it's now it's such common knowledge and there's so many channels that talk about it and so forth. Finding those things is almost impossible these days is somewhat of a thing of the past. But yes, you can become a smart gambler. Another example, taking advantage of things, I can take advantage, but things like slot tournaments, things like 10 times points, you know, here, like what, do you guys ever go to Piscinos?

Do you ever gamble? Every now, man. Okay. Yeah. Where do you go, Red Rock? Durango. So on Thursdays and Sundays, they have 10 times points.

Where are you aware of this? Okay, so to get 10 times points as a local, you go there and you have to swipe your players card. If you don't swipe your players card, they don't give you the 10 times points, but you're smart. That's why they're multi-billionaires. You never got that.

If they don't swipe their card, they don't know. They obviously don't care. But to get the people who, you know, we're playing a lot, give them a little bit of a little bit back. You swipe your players card. You get 10 times points.

So I play at those casinos on Thursdays or Sundays. Because let's say on a normal session when we're making a video, we might put, say, $50,000 of coin in. You know, so our expected loss might be $5,000 on that video if, you know,

mathematically. And normally we would earn like maybe $60 in points, you know, that you could use for a free Starbucks or whatever, or you could turn it into free slot play. If you want a Thursday or Sunday, instead of 60, it's 600. So now I'm getting $600 back on this expected $5,000 loss. So my expected loss is now $4,400. I'm just trying to give a couple examples. And then we won $100,000 last year in a slot tournament. So you get these mailers, you know, that come and most people just probably We just toss them. It's like, oh, more jump bail, whatever. I'll come to the casino when I feel like it.

But if you see it, Maylor, it's like $100,000 slot tournament, you know, this weekend, you know, get a free room and free food and blah, blah, blah. You know, we've probably done 20 slot tournaments, let's just say, but we won $100,000 at one. So that means that I made $5,000 for every one of those slot tournaments that I went to mathematically. You know what I'm saying? So the answer is emphatically, yes, there are smart gamblers and they're just, like flat out, people that are just, they minds of all just burn their money.

But before we get into that, let's be real here. Being an adult has its high points. You can eat ice cream for dinner. You can play video games whenever you want. You can even eat ice cream while you're playing video games. But in actuality, it's not all fun. You have to do your taxes, figure out what's for dinner every night. And of course, worst of all, scheduled doctor's appointments.

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So to explain what's happening, because we got a couple things going on now, we're going to start talking about the business and you run and manage the business. You're also a son. You're in the videos. This is E.J. Everybody, you're probably familiar with him.

We also were talking off camera. Graham got gifted a six-figured necklace. We don't know exactly how much it costs, but he got gifted it from Liver King, who it was gifted to him from Kyle Kyle from Nelk and then it was gifted to Kyle from Steve will do it Steve will do it and so it's kind of followed this just ownership thing and Liver King gave it to Graham with the contingency of Graham having to give it away to someone else at some date in the future that's the that's the one contingency yeah Graham how many times have you

worn this necklace never maybe I think I wore it one it's it's so like I don't want to say ostentatious. It's just not my style at all the word diamond chain. So I never wear the thing. But I've always thought it would be cool to give it back to Steve who started this entire cycle of like giving it to somebody.

Yeah. He's such a generous guy and from like your perspective as a finance guy like how do these guys like sketch came and hung out with him and he's like I bought Sketch a Lambo? And he's like he's constantly just buying these insanely expensive gifts and given in people like I see a video he's in a car dealership you know and there sees like a veteran and he walks

up and says how much is your car it's like 35,000 dollars he goes I'll buy it for you here's the cash like he's incredibly generous guy that'd be fun to give him something we we actually gave him a pendant a huff and puff and pendant like a diamond pendant that you know it was like probably 14,000 dollars or something like that thought we were being very generous and then he gets it and he's like what there's no chain with it I'm like well I assumed you had a chain and it's been an actually a funny joke that would be absolutely hysterical if I connected him with you and you gave him that

that change. So he's a great guy and I could definitely make that happen. Cool. Let's do it. Yeah. That'd be fun. So we're going to try to transfer ownership and if he's okay with it, we'd film it. I'm not trying to do it for content. No, we're not. No, it's just because it would be... I think most of the transfers have all

been filmed so far. All of the transfers of ownership. It transfers. Well, I know he just is moving back to Vegas, so I know he's be here. So I will do my best to make that happen. He's a great guy. So going back to the gambling, how did you realize you could turn this into a business? Where did that come up? We went out for dinner one night and he was playing video poker as you do. And he got a comp at either the M or GVR memory is not really clear on it. He hit a royal flush for $78,000 and I filmed it. And I was with a few of my

friends. We were going to go to dinner and we're like, let's put it on TikTok because this was 2021 when things were really blowing up. And so by the end of dinner, that had 80,000 views. And I've always been sort of entrepreneurial and I watched a lot of your videos. And I was like, maybe there's something more to this. And so I just started to go with him more and more. And I was looking for ways to make more money. So I started posting it. And his videos were doing well. And then we just started gambling more and more and more. And it just morphed into this whole business. And I knew of the business of social media for a long time. I've been a consumer of social media. So I knew that you could turn it into something. And so I did. And it was very fun.

So what machines when you walk into a casino have the best odds? I know most people walk in, they hear these stories that like the ones closest to the entrance have like the worst odds or the best odds. The best odds. Because they want you to win a little bit. Or there's the, you know, the fallacy that like your first time playing, they want you to win a little bit in the beginning. Like, is there any truth that any of these claims? No. I believe no. Like, because like changing the payout on a machine is, is a, is a good deal of effort, you know, and it's all very regulated. They have to open the thing up and then there's a log and there's a process and it's like a software and it's just like, it's just not that simple. And they don't, they don't change it on like Tuesday mornings and then, you know, turn it back tight on Friday night or, and I highly doubt that there's any truth to the ones by the entrance.

I would take the under on that. the best games in the in the casino slot wise or video poker you know i mean the video poker's way better than slots as far as so if you want to play and earn comps and stuff uh you go play video poker learn how to play that's another thing that i you know like you asked earlier about the good and bad gamblers like yeah the people i watch them the holds that they make that are just mathematically just horrendous you know like they'll be like oh i've got to a pair of queens, but I also have like ace jack to the royal. You know, I'm going to hold that. You know, it's like a 10,000 to one shot or whatever versus like a for sure payout.

Like, anyway, so the best game is video poker. Interesting. And what about the ones where I see that seem to go viral online? Someone saying they got paid a lot of money, but the casino refuses to honor that because of an error. And they say, oh, no, that was an error on the slots. You didn't actually win the money. I think those are probably blown out of proportion more than maybe reality. That doesn't really happen, I don't think. I mean, maybe I've seen, I know what you're talking about and it probably has happened, but maybe there's more to the story that meets the eye.

Yeah, exactly. There's more to it than... The gaming control board is very, like, that's a very serious thing. And it's all very, very regulated. And, you know, I don't know if there possibly was some reason. I don't, they make enough money. I don't think there need to beat people. I mean, there was probably like one or two instances of that ever.

And, and yeah, I mean, I think it's blown. I've always gotten paid. I've never had them say like, oh, you know, we had $120,000 the other day on a Buffalo Link, and they were overjoyed to pay us. Cash in like 25 minutes. I think people always ask, like, are the machines rigged? It's like a very common question. And like, are they cheat? It's like, well, they are rigged because the house has an advantage.

Why would they go out of their way to rig it further? They're already winning. They don't need to cheat. I don't think people need to get. that out of their head. Is there ever a time that you don't want to be gambling? Sometimes I get tired of the losing, you know? Like, I mean, one of the, one of the, uh, my friends said, you know, that's,

it's been a gambler full time forever, said, you know, winning streaks and losing streaks always last longer than you think is humanly possible. So this is a very streaky business. It's just, it's, you know, the math is the math over an infinite time horizon, but there, you know, sometimes you can sit down. on a machine and it'll be very hot, you know, and then sometimes you can sit down on the machine and you just can't win anything. So like if you have like three or four days in a row where you lose $15,000 and you just can't seem to get anything and, you know, it gets frustrating. And I've had

my moments where I don't feel like gambling. But still to this day, like last night we were just talking about at the break. I mean, I went out to Red Rock and just gambled for entertainment. It wasn't filming or anything. People walking up to me like, where's the crew? Am I'm just here moving on? Yeah. Playing Baccarat. Yeah. You know. So how are the machines, though, for slots designed to keep you playing? Because I've noticed there was one machine that really bugged me a while ago.

It was the balloon one. I lost so much money. It was Resorts World. And they had this one slot machine that you put money in and you hit, like, certain things, and it made the balloons, like, get bigger and bigger and bigger. Yeah. We talk about that a lot. Yeah.

Perceived progression or resistance. So the animation on the screen, the balloon will get bigger. The sparkers will get more full. the piles of gems will get bigger. It doesn't mean anything. It just means that that bonus hasn't hit in a while. It's not more due than it was before when you started playing it. Oh, really?

It just means it hasn't hit. Essentially, it's what it means. It's just a fun gimmick for people to think that they're closer. It's a visual representation of that. We've lost a lot of money. Chasing them. As if that was real. It's not.

There is real persistence on some machines, but not those animated. So how can you tell if it's real versus fake persistence? You were saying it's a guarantee. payout of 10,000. If someone wanted to walk around for like three weeks straight to try to find a slot machine that has a guaranteed payout, like how could they differentiate that? Well, they'd be competing with about hundreds and hundreds of people that just like walk around the casinos nonstop looking for these, you know, six or seven play plays that exist. Yeah, you could go to a machine. Like, we could sit you down next to a machine and I'd say,

watch how many people come by here and poke this. Like every two minutes, somebody will come and poke it. You can Google Advantage play, but like I said, it's very competitive and there's not really any money in it. It's the discipline it takes to make money at it. Again, it's like like everything. You'd have to be so smart and work so hard. And at this point in time, like it's got, it's getting harder and harder and harder as more and more and more people know about it. And a lot of the casinos are taking out all of the advantage play machines out of the casinos anyway. And even if you play something that is in an advantageous situation, you can still get completely and entirely wrecked.

Yeah. Just because you're a 1% favorite doesn't mean you're going to win money every time. You can still lose $50,000 easily. So is there a certain machine that you should play? Or are the odds better on one machine versus another? And how could you tell that as a player? Slot machines or... The slot machines? Just play the ones you enjoy. I think that's what we should preach here is whatever you're having the most fun on, play that. And you're never going to get an advantage on it. Play in high limit is another example. Sometimes the household will be 2% less if you play in high limit. So if you're betting $5 a spin and you're max betting a machine on the regular floor,

but you can go into high limit and the minimum bets five, play there. Because the household might be a little bit less in high limit. And how do you know when to walk away? Well, we never do. Well, I mean, there's like literally, you know, like those brochures in every casino, like, you know, call 1,800 gambler or whatever it is. I mean, it's like any addictive behavior, you know, how does the, you tell the alcoholic when to leave the bar? You know, I mean, the reality is they

still, bars are still legal. Like, it's been kind of an interesting topic. I mean, because whenever you're talking about anything controversial, it's like, well, who, ultimately, there's self responsibility, right? Or is the government in charge of everything that we do? You know, what we do for a living, if we gamble, if we drink, if we do drugs, you know, it's like, oh, well, if it's bad, it should be illegal. And then, you know, I'm not, I'm not, that's not how I, you know, I'm not, that's not how I really roll, but the answer is how to walk away. You know, if you're losing too much, you know, losing money, you're playing with money you can't afford to lose.

That's a great time to walk away. And we're in a really great situation now in that, you know, we have YouTube revenue, we have merch revenue. We have, you know, endorsement revenue. We have, you know, we can't lose anymore. You know, that's kind of fun. I mean, we lose, but net, net, we're not going to lose, you know. And but the average person who watches some, you know, we were, thanks to E.J. I think, and Robert,

monks the first to really show the truth about gambling. Our show is more like almost a podcast. We talk, we gamble. We talk about all kinds of different stuff. We have the question of the day. We have all our funny sayings. I do my wacky, you know, wrap-ups. And the gambling is just kind of, happens. But we were the first ones to really show our losses. Because, you know, it used to just be, like, oh, I push the button and I get a big jackpot right away, you know, and it's like, it's like, it's just not true. It's just gambling is a losing proposition. So when, you know, when to walk away, do not lose your rent money because you could go and

get completely wrecked. Like, I mean, you can sometimes, it's just uncanny. Like, remember the other day? You lose way more than you can, you expect you can sometimes, like the other day. We, we play this machine at Resorts World and we did great. It was a new machine. And I mean, it was an incredible video and it was like, wow, I love this new machine, you know. And I'm like, man, the machine manufacturer should give us a million dollars for this video.

It's so good. So then like a week or two later, you know, it showed up at El Cortez and we went to El Cortez to play it. And again, just random. It's a random number generator. Every time you push the button that there's, there's no, 10,000 different outcomes that could possibly happen or whatever the number is. And one of those 10,000 outcomes is going to come up. It's a mathematical random number generator. Then there's a percentage of time or whatever.

And over an infinite horizon, you're going to lose about 5% of what you put in. But the second time we played that machine, we lost $53,000 in the course of an hour. And I think we hold the record, I believe. At Al Cortez, the manager and our good friend over there told us, he goes, you guys just set the single machine record for losing the most of anyone in history. So I've had that property, yeah. I'm going to call the people at Guinness. So I've always been curious about this, slightly off topic, but when you press the number or when you press the go on the slot machine, is every time randomized or is it like preset where it's like the seventh time you just gets clicked? So the way I've learned to think about it is if you imagine a giant roulette wheel.

Like he said, 10,000 different outcomes. Every time you push the button, you're spinning that wheel and you can get one of those different outcomes. So you can get the zero outcome an infinite number of times, or you can get the spectacular outcome seven times in a row. The household is going to be what the household is over time, just like it is on a real roulette wheel. It's the same kind of thing. Does that make sense? It does. Yeah.

That's how it is. And sorry, I interrupt you, but what you see, like the wolves or the sevens or the cherries or whatever, that's just a visual representation that's pre-programmed in. When the second you push that button, your outcome is done. determined. And it might be a five-minute-long bonus with, you know, squirrels running around with nuts and, you know, shitting out gold nuggets or whatever the case may be. I don't know if you can swear on this, but that was that was trying to be funny. But my point is that that was predetermined that you're going to win $17,412 and the greatest bonus in history on a $1.20 bet. That's the one in, you know, 10,000 on the roulette wheel outcome that comes up like every 30 days,

maybe. But it's generated when you push the button. Because in theory, you could randomize it for future, right? Like you could say the next 10 things, like when you get the 10 free spins, it randomizes as soon as you press that one button, that one time, it knows you're going to get 10 free spins. And it also then randomizes the 10 free spins at the exact same time. Probably. I mean, you could, I would, you know, you could invite someone from Aristocrat or Light and Wonder or IGT or one of the different ones. There's a bunch of different manufacturers that are that make the machines who really, that would be the real person to ask. Because, like, that would be interesting.

As a disclaimer, it's like, I don't know. I mean, we don't know everything. But I've been told what the answers that we're giving you by people that I believe know what they're talking about. And I believe it's a random number generator and it's completely and utterly random. And I believe that, you know, it's all very regulated and that's how it is. And I think your roulette analogy is really, really good. You know, there's 10,000 possible outcomes.

Push the buttons. Like, boom, oh, that's what it is. And then the rest of it is just fluff. Did you ever feel like you were addicted to gambling? I don't know. Possibly. I mean, I might also be addicted to sugar. You know, I mean, I don't know.

I really, really enjoy it. It is a rush. It's like maybe for some people, it's snowboarding. You just quite a good snowboarder. Snowboarding is fun. Or coffee or sex or alcohol or what else do people get addicted to? You know, that gives you that dopamine is kind of a trendy thing on my new. feed, you know, like, it's like what's, what gives you your dopamine?

Yeah, your phone. Phone, you could be TikTok addict or whatever. Like, um, so the government's going to make that illegal too, you know? I mean, eventually it's like, hey, people, use your head. That's like, I don't know. Be responsible. Be responsible. But addicted is kind of a bad word.

I'd rather not be addicted to something. I just love a gambling. Like if I'm bored, like, you know, like, I'll go gamble. The other day when we were in, uh, Arizona, because my sister's having a baby, we were there. And it's like, well, what do you guys want to do? I mean, it was thanks to you. You see these people you haven't seen in like four years, you know, nice people, had a great time, had a great meal, you know, a couple cocktails. We talked about everything and gets to be like seven o'clock because like we started doing, we started doing the dinner,

thanks to the thing, and they're like noon, you know, it's like seven hours later. It's like, what do you want to do? You know, like, I don't know. There's a casino like 12 minutes away and So we went to the casino and had fun, you know. Did you film that one? No, me and EJ just went over there and my daughter. And it was, it was awesome. We played a bit. And then E.J., you know, he thinks he's really good at Blackjack, you know.

And so we go, we play Blackjack and there's a really nice dealer. And he's just getting smoked. I mean, not smoke. You and I, I mean, we were splitting. I don't know, 2000 between the two of us over that time. It was kind of dumb on Thanksgiving. It's like, you know, because that's like $2,000. You could go buy, invest in a mutual fund, right?

So, yeah, we're down $2,000. And then we're like, ah, okay, $1,000 each, you know, at the end of the world, it's some entertainment, but look in our wounds, you know, because it was just so it was like, we get 16 every time the dealer gets 20 every time. How could, how is this possible? So we would bet more. And then on the way out, you know, my daughter's like nine months pregnant, my wife's tired.

A smoke free casino, though, by the way. The smoke's a cold sister. And, and, and, and, and then I'm like, like, one more machine. And then I stopped by this machine and I just put 800 bucks in. I don't know why I could probably had like, I probably had like 4,800 in my little bank roll and I put 800 in there. First spin, $20 spin, dropped a $5,400 jackpot, walked out of their winners. Great Thanksgiving, a little hour with the family. It was fun. Net made $3,400. Gave E. J. his thousand bucks back, gave my daughter a few hundred bucks, my wife a few hundred bucks. It was beautiful. Like, that's a

happy gambling story. Now, the bad gambling story is, you know, I went, I lost my ass and I can't afford to pay my rent. That's going to happen if you, if you don't get lucky, if you don't get lucky. Like, I could totally afford to lose $2,000. Yeah, even if we left there losing $2,000, it would have been completely fine. I mean, it's dumb. Don't get me wrong. Like, their gambling is probably dumb. Like, you're going to lose. If you played for the rest of your life, you're going to lose money. But if, if that entertainment, that rush of like, oh, man, a double down, oh, I was betting a hundred. Now I got to put another hundred out there. That excitement, I think, is what keeps people coming back. See, I see you, and you seem to be very, you know,

responsible in terms of the amount of money you have versus the amount of money you gamble. It's never something where, like, it's actually going to make an impact on your financial well-being. But then I also see these other people. Like, I know there's like Togi and there's like Steve will do it and these other, you know, gamblers where it seems like, you know, like they actually make some questionable choices relative to their over- overall financial stability. Like Togi, I know, like, we'll gamble like $2 million. Now, I like, look at his views.

I look at the ways you'd be possibly making money. I'm like, this, you feel like this is really unaffordable or unsustainable at the very least. Like, one of the things I've learned, and I really need to let you talk more, but I like to say things to people directly. Like I would never, like I've met the, every person you just mentioned, I've met them all. and I was at Red Rock and Togi that came and sat now next to me

because I remembered him from a stream we did with Steve very nice, nice guy. It's all I can say. I agreed, like I said with Steve, like how does he afford to buy everyone a Lamborghini? You know, like, I mean, I make a lot of money and I would have to really love someone, you know, or whatever. Like I'd buy E.J. a Lamborghini.

I offered him he didn't want it. But I'm not going to go around like buying everyone Lamborghinis or, and I see like those guys, you know, like, and Steve and them, they have some insane swings. You know. Dana, I mean, well, Dana's got a, obviously a massive net worth. You know, I don't know enough about what these guys do.

But I'll tell you what, they seem to be having fun. And as long as they're not hurting anyone or whatever, I don't care what they do. I wish I had the balls or I wish I was 25 and had 20 million followers and, you know, went and did what I enjoyed every day. So God bless them. But yes, some people seem to gamble a lot. What were you going to say on that topic? Yeah, I was to say those guys are nice and they're having fun.

And they're young, too. I think that they can take bigger swings and they're building a brand. And so hopefully they're being smart, which they probably are. Do you ever worry about glamorizing gambling? Well, we don't. You can see we wear merchandise. Our most popular shirt is called, it says sando on it, which means shit sandwich. And basically, it's the most relatable thing that we've ever branded.

Because people understand that you lose. And we show 65% of the time that we lose our ass. But we have fun and we encourage people to be responsible and not play with money they afford to lose. And another thing we always say is idiot. Like, we always call each other idiots because we're losing. And I think people understand that you're going to lose if they truly watch our show. If they watch reels, sometimes maybe they'll think, oh, he'd just won a bunch. But, I mean, we have a series right now.

Every 10,000 subscribers, we're betting 8,700, 8,800 until we get to a million. And we're posting the results of that. And so we've done it 16 times and we're down 3,000. We're very transparent about the actual results. Yeah. So, I mean, I wouldn't want to glamorize gambling. And I think there's something to be said about that. And again, until such time as it's illegal to gamble or to talk about it, you know, I mean, it's entertainment.

You know, like us, we just, we try to be responsible and so forth. I mean, I would not, I would feel horrible if somebody watched one of my videos and said, oh, boy, I'm going to go gamble and just make money. Like, I don't, I don't ever say that it's simple. I get rec. And like you said, to clarify, we, we developed this term sando, which is an abbreviation for shit sandwich, which isn't another swear word, sorry. That's okay. But because like when you get a bonus, like let's say you're playing and playing and playing and playing and then you finally get the six, the six fireballs, you know, and you're like, yeah, I got the bonus.

and you're in it, you know, $5,000 or $500 or $50, whatever your budget is. And then the bonus is one of those bonuses where it's just like absolutely nothing. You know, it's like a $2 bonus. Like the other day I was playing $50 has been. I got a bonus and it was like $8. You know, and I was like, ah, that is a sando. Okay. And like you said, that, so we talk about that.

Like, the gambling can be brutal. Yeah. Yeah. Yeah. It also seems like people are just trying to remove agency from the individual now. It's like everyone's a product of their environment. If you watch gambling stuff, you're going to go and become a gambler. If you go do this, you're going to, if you watch this sort of stuff, you're going to go and do this.

You're going to become a degenerate in that. But I think what you guys preach is the right way. It's like, well, hopefully they're not. We tell them to be responsible. But at the end of the day, it's up to them. If they have a problem, hit up the regulators, not like the actual, you know. Yeah, we're just having fun. I mean, I watch scuba Dan and Ocean Ramsey and all these cool people that swim with great white sharks and tiger sharks and just,

All you got to do is push their nose and they go right away, you know, but I'm not going to swim in with any sharks, you know, so it influenced me to do that. For me, I will say I watch your, my favorite ones are the Blackjack and Baccarat. TikToks that you do. Those are my favorite. Usually when I gamble, I'll put like $100, $200 down, maybe once a month, give or taken. And that's about my limit because I know if I lose it, I get really upset. Because I think, ah, I could have done this or this or this.

So that's my limit. But I like watching you when you put down like five grand. or 10 grand at one hand a bog right and you win or lose it or you'll lose the fine be like all right let's do another five make it back it's it tempts me so like i've never done it but it tempts you to be like you know what it'd be fun well with like two grand down and to see what happens like yeah the reality is is it is kind of fun and here's what happens though like look at this city the casinos win oh yeah and eat no matter what you think you've figured out you haven't Because, like, we sat down yesterday on a live stream. We were doing a Cyber Monday live stream. And we, we bet banker, okay? And in Bacrot, there's player and banker. We always bet banker because it's going to win slightly more percentage of the time.

There's a commission and whatever. And then I think there's like a one and a half percent. 1.1. 1.1 percent advantage to the house, okay? So if you played a billion dollars, you're going to lose 1.1 percent of that billion over your lifetime. but we played and it and we won it came up banker eight times in a row okay so if you were trying to do like a martingale whereas like you bet a hundred and then if you lose you bet 200 and if you lose you bet 400 and if you lose you bet 400 if you lose you bet 1600 you get to eight you're

going to surpass the table limit and and that happens and then right after that it was nine players in a row and we lost all of it and uh and So just no matter what you think, just do it for fun. But mathematically, you know, I mean, play one hand, Bachar, you're not losing much. Your cost, so like if you bet $1,000, your cost on that would be like $11 to play that hand. Right. Is there a content that you filmed that you decide not to post? And how do you decide what you post versus what you don't post?

We post everything now. Okay. It's too much work to go make something and not post it, especially it's expensive. Like if we would have decided not to post that loss of $50,000. well, that just costs us 50 grand and we're not going to post it. And also, I think there's an... There's been like two videos that we did that were just like, like I was just so mad and it just wasn't fun to watch. Like, there have been a couple that you didn't post.

Yeah, but even those were like $10,000 losers. If we ever had anything extreme, we would put it up. But if it was boring, nothing happened. Nobody was in a good mood and we lost 10 grand. Maybe we would skip that one. But yeah, like two or three times over the last two years. And so how do the finances work? work out then of running this YouTube channel, running the business. I know you guys do merch. You said

that you do sponsors as well. And then you have like the YouTube ad revenue. But at the same time, the overhead is whatever you pay the employees. And on top of that, you said it was about $20,000 a month is the budget that you've spent on the YouTube channel. On gambling. On gambling. So far. I mean, it could be more, it could be less. You know, it just depends. I mean, we could hit today, I could go play and I could get a dealt royal for $800,000, you know, we're trying to get on the super times pay machine that we play a lot. You know, someday will win that $800,000. And that would change everything.

But over the last 18 months, gambling every single day, we're down 300. So about $20,000 a month. How are you not allowed to write off gambling losses against profit from the business? To me that... It's just, I mean, I find that, like, there's some topics that are very complex. I think they call them politics. I made the mistake getting involved in neighborhood politics. politics, you know, because I had a crime incident and I was very vocal about my upset living in a gated community with this crime. So I decided I wanted to be on the HOA board. Okay. And that was like, you know, a decision that I soon learned to regret because you're just faced with like decisions where you can't please everyone. But the IRS is something that I'm not, you know, I'm not a huge fan of the most complex.

you know, documents or what's it called doctor, the rules of the IRS, you know, it's so complicated. How do you know what is and isn't? And, you know, you read off and, you know, people get audited and it's, and it's like, I don't, I'm not positive. It's the best strategy for getting money out of our populace, but it is what it is. And according to the IRS and a good accountant, and again, check with your own accountant, but it's just how it is. You cannot write gambling losses because then everybody would say, okay, I have a YouTube channel. Now, possibly if you can prove that you do have legitimate income, like not, because otherwise every, every person in the world will just come to Vegas and lose $100,000 and say, I filmed it and I'm going to write it off. So obviously you can't do that. But I think there

are people like us, like it is a legitimate cost of doing business. And we have active income that we're paying huge amounts of taxes on. And it is a write off. But it's actually, there are some people that are that are doing it and taking it through the tax courts right now. So it'll be interesting to see how that works. In the interim, we don't write that off because I just don't want to take any, any risk. I'm weirdly conservative as a person. Yeah. That makes sense.

I mean, I understand it. And you're right. I think everyone then would just film their losses, post it on TikTok and say, well, I was starting a business. Am I giving him ideas? Yeah. And are you guys? is open to talking about like the revenues and the numbers of the business or is that more right now i mean we're you know we're the number one in the space you know thanks to e j being brilliant and us being really really hard

workers and you know way smarter gamblers than most you know we've done incredibly well and i encourage anyone who wants to to get into anything to try it and go ahead and give it give it a go in the beginning you're going to get you're going to go and make a you're going to go and gamble you're going to film it you're not going to film it as well as ej even though we just use an iPhone and a basic mic you know and that's no big production value you're going to film it you're going to lose you know either not much money if you're betting really small and no one cares or you're let's say you're betting enough money where it's interesting you're going to go and you're going to make a video and you're going to lose seven 10 15 20 thousand dollars and you're going to get like four views you know and

And you're going to have to do that until such time as you develop an audience. Now, how do you develop an audience? I think that's a bigger and better question. Like, why do people watch us versus there's hundreds and hundreds and hundreds of slot channels out there? Everybody has a slot channel now. But there's only like five or ten that, you know, really have a decent audience. In terms of percentages, if there's a pie, this is the question. What percentage of the pie would it be sponsorship revenue versus YouTube adsense revenue versus

is merch revenue. YouTube revenue would be 70%. And then merch and sponsorship revenue would be the remaining 15. 15 each. So, yeah, they're about the same. Yeah, and those are something to change because there's some sponsorship deals

that are starting to come our way that people are offering this money that's really hard to turn down. I'm imagining that you guys are having casinos and stuff like that offering money that is just exorbitious. I mean, the casinos are, you know, starting to finally come around. That's a fascinating discussion as well, you know. I mean, there was a time where I literally got trespassed, you know,

like they held up the little T to the camera. It was like, you are hereby intersection 19246 getting trespassed from this casino or whatever. Like, and it used to be that, you know, that you couldn't film, you couldn't take a picture in a casino, you know. And now we just did an event at a casino where we had, you know, over a thousand people come to the casino and the casino was absolutely thrilled to have us there. And we get inquiries on the daily from casinos like, when could you come to our casino? When could you come to this casino and so forth? So it's really cool. It's starting to happen. But the casinos haven't really thrown money at us. The slot machine manufacturers, I think, are another avenue that would be really intelligent to reach out to us. We have a lot of influence.

I mean, how many people all together watch our videos? Like, do you have any stats on that? Or like, how many views do we get a month? Or how many total subscribers? I don't have any idea. A lot. I mean, long-form video views in October, we did 5.7 million watch hours. And I think that was from an total audience of over 4 million individuals, I think.

I'd have to look. So 5.7 million hours. four million gamblers watched us gamble. I got a call today from a place. I saw an unknown number and it was a 702 number nine. For some reason, I was curious and I had a feeling it might be important. So I returned the call and it was a hair salon. And I randomly, we made it, we were making like a joke about like something and we talked about nose hairs. And I said that there's this place in town that like does a nose hair waxing and I mentioned it by name and the owner called me because he's like, I've had so many people that have come in here or talked about that you

talked about us on your show and it was literally a jack you could go there a throwaway little tiny line on one video ages ago you know I mean it's like it's it's incredible so like casinos and those kind of places it's like a hundred people. people a day come to see us and take a picture with us and say hi if they find out where we're filming. It almost becomes like impossible to film because so many fans who we all love and adore and so forth come to see us. But the amount of money that these casinos can make from having influencers or whatever there, it's getting to the point where they're really starting to get it. So I think those pie charts will change dramatically over the next couple years. It's really

exciting to watch how it grows. What makes you successful where a lot of other people will do what you do and fail or they'll get four views? I'm dying to let you answer that. Just because he's awesome, a hard worker, smart as heck, and it was just like his mother. And then my other partner, Robert, is a genius and anything else that you can think of. There's so much. There's so much that we do that we work hard on every day. Thumbails, titles, the production quality, the sound, Like, we will go out of our way to go to a casino that's slightly quieter than another. Just so if somebody's watching it on a big TV, it sounds better when they're looking. Like, we get into that level of detail, but he's so good.

He's so funny. Oh, stop it some more. He loves gambling. And, like, if we didn't have the cameras rolling, we'd be doing it anyways. And I think that that shines through. There's a lot of stuff, like detail stuff that we work very hard on. But also, it's just we have a lot of fun and we enjoy it. And it's what we would be doing anyway.

and I think people enjoy being a part of that experience. It's, thank you very much, son. Very nice things you said. I'm almost teared up there. You know what it is, I think, if I was, like if I was speaking to any creator or to your question, I think in everything and the algorithm that runs the little, you know, the world of social media these days,

you know, that shows you what you want, and they seem to know your phone knows you and stuff like that. Like the algorithms are so smart these days. And I think what really, resonates on social media these days is authenticity. And, and that's like you said. So like I authentically love gambling. I authentically am a joker. Like we authentically do have a really cool father-son relationship. A lot of people admire that, you know, we like each other still. We work together every single day. I'm the old guy. He's the young guy. Then we have the smart guy. Like the three of us together,

You know, that's our show. It's not me. It's the three of us as a unit and just the banter and the dad jokes and the talk about, you know, my, the 70s and 80s trivia and him not having any idea what we're talking about. And, you know, we have an audience that authentically relates and they like us because we're real. So if someone, if some, like people do. It's hysterical. Everything we do, people copy. Everything.

Like, we'll play a machine or we'll do this or we'll do a certain thing on it this. And then next thing, you know, other people doing the exact same thing. The problem is that that was our thing. And then if you do it, it's just you trying to be me. And you can't be me because you're you. You know what I mean? So be yourself is my advice to any content creator. It's like be yourself and your authentic self and that's going to cry.

Like you're probably legitimately smart with money and, you know, you believe with every fiber of your being that you invest five bucks from a Starbucks for 30 years in a Roth, Ira, you're going to end up wealthy. And like that comes across and you look like a responsible young man. And that's probably why you do well. You know, you're authentically you. You're not pretending to be a financial genius, but you're not. I don't know what I mean? So I think that's, it's a lot of factors. And, and we just got lucky. And we had the secret sauce and it just, and it happened to get traction. Why did the, I was going to say the Hocktua girl. Like, why did that get traction? Because that's authentically herself. She's so sweet. I played in a poker tournament with her name's Haley. She's a very nice girl.

And she was, she was delightful to be around. She was very pleasant. And I mean, I guess my grandparents probably would think, well, talking about spitting on it. Yeah. You know, that's kind of crass, you know. But I mean, this day and age, I mean, crying out loud, the world's really different than it was.

And I'm not saying that that's good or bad, or it may be the end of civilization. But she was just authentically, I think out in New Orleans, having a good time. And then they caught that moment that was authentic and it was real. And that's why it stuck. Although really quick, I just want to say that if you run your own business, you know that managing finances could be a hassle. Cards, receipts, and payments pile up fast.

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Well, there's a lot to that. But I think anything I set my mind to and I think anyone listening, anything you set your mind to, you can do. Like, I guarantee I could raise the money. One thing I don't like is it was my own casino I couldn't play there. because that would be against gaming control regulations. And there's, and there has been lots of discussion about everything from a little video poker bar to a,

you know, a big casino in Las Vegas that I, I would be very, very interested in being involved in the casino. But it's also an enormous amount of work and so forth. And I'm not sure if I want to take that on. What about you, E.J? Yeah, no,

there are multiple people who have expressed interest in buying casino themselves, talk to us about it, but I haven't been able to get over the not playing their hurdle. If we own a casino, how can we tell people to come there if we're not allowed to play there? What if you were like an affiliate for a certain casino? Like there was a casino that maybe was failing a little bit and they could use some new machines. They could have like put some makeup on it and then also take you guys in as part of the marketing or something.

You take sweat equity or something like that. Sure, if that could all be worked out that I would be willing to bet because I am a betting man that that would be one of the busier casinos in town. Yeah, that would be interesting. If we played there exclusively and we were in charge of the casino. and the rewards program and everything, I would believe that, I mean, I never have lacked ambition or confidence. My mom was part of the 70s self-esteem movement,

but I'm very confident if we were involved in a casino, it would do very, very, very well. And that would be fun if we could figure out how we could still play there. And how is the arrangement between you two, if you're open to talking about it? I'm curious in terms of like the business. Like, do you guys split the business, or is there a certain percentage or how has that worked out?

There's four of us involved and we have a split. And everybody's happy. We've never had that I can think of. We ever had one financial discussion or dispute. We're all making tons of money. The division of duties is really clear. I don't fulfill merch. I mean, like we did like how many thousand orders this weekend?

We did 3,000 orders this weekend. And everybody except me. has been down at the warehouse, like packing, unpacking boxes and shipping stuff. And I just, I'm not doing it. I'm like, I don't know why. I'm, my back would hurt. I don't know. I'm not doing it.

You know what I mean? We have people we can pay, but E.J. was down there to like 11 o'clock at night, which I, God bless you. But I mean, saying, we, we have a very, very great relationship. And the monies is all, is all split up. Everybody gets their fair share. It's not like, I get, you know, I'm the guy on camera. I get the most money, you know, like me and E.

I get the same amount of money. And he does all the editing, and he does most of the thinking, and then WBG does the question of the day and adds his brilliance, and it was all because of him and him taking us under his wing, his guidance of teaching me to be a smarter gambler

is how the whole channel started. So we all are involved. How calculated is you're playing in terms of maybe Blackjack, gets a higher engagement than slots. How do you know what to play, what days, and what to post? That's you 100%. Yeah.

Yeah. I try, on our YouTube videos, I try to pay attention to the last few days. Maybe there's a storyline if we played this machine and we lost a lot. So we'll go back and play that. Or, you know, we do a little bit of that. But if he's not in the mood to play a certain game, we won't play it because then it's not fun. So I'll just say, like, what do you think about playing this game today? Because we talked about it the other day.

Let's play this. And then the table games, we usually use those as a way to get even if we're losing. So like if we're losing five grand and we're only four minutes into the video, it's like, well, we got to get even or this is going to be really bad. And so we'll go, we'll do a $4,000 hand and hopefully win. And it's called the get even or get even worse. We have shirts about that. Yeah, get even or get even worse is our slogan on table games. And then short form table games are just easy because you can tell a story inside 60 seconds, which is hard to do on a slot machine.

But like we don't play craps because EJ finds it very difficult to capture the dice and make the viewing experience be any good. He doesn't like video poker. I love video poker, but he watches the stats and we get much more engagement playing slots than video poker. I would rather play video poker all day every day. Too complicated. I mean, you know, you can play 99.4% video poker and you're only given up 0.06%. But people love to watch us play Dragon Link at $100 a spin, which probably has. as an average in this town hold of probably 8 to 12 percent.

You know, so it's much more expensive to make the content that people like. And then Bachrott versus Blackjack, there's one place that won't let us film Blackjack for some reason, which I think is asinine, but that's just their rule, you know? And so we always play Bacharot there. And does that answer your question? It does. What about the dollar amount that you play? Do you find that you get more engagement, the more money you spend? Or is there diminishing returns?

There is. I think that we found, especially recently, betting more is just we're not comfortable with it. Like we bet 250 a spin the other day. We lost 50,000. It's just like that's not fun for us. It's not within our level of comfort. So we bet $50 a spin, $100 to spend sometimes. And then every once in a while we'll go crazy as like a celebration for hitting a million subscribers or whatnot. But we try to stay in a certain range.

And then we play for it in a certain amount of time. And if we get completely crushed at that bet level, that's something that we can manage. What's the most that you saw someone lose? A million. A million. Yeah. Well, over time. There are some people that I don't know how they do it and they just gamble so massively

that there's no way that it's profitable. And maybe they're, you know, maybe they're billionaires. I don't know. It's not in any of my business. I think that, EJ, answer that perfectly, the only thing I would say is that one of the things our sweet spot is our gambling that we do is relatable. There's a lot of people who come into town like that I see once a quarter or once a month, you know, and hey, how you doing?

you know, people that I've gotten to know, and they come here and they bet $50 a spin-ish, you know, on a slot machine, and they might lose $10 or $20,000, but that's a quarterly or a monthly trip for them, you know. We do that every day, but I think we gamble at a level that's relatable to the gamblers that the casino is bread and butter, you know, and it's just if you play a $1,000 a spin while it's like watching a plane crash or something or a train wreck or a, or a, you know, or something awesome, you know, if we win, it's not relatable. So to do that every day would be, A, we'd lose too much and B, it's just not relatable. But I think we, our gambling is really legitimately

trying to win. And it's like watching a daily battle. Like, what would happen if you were in Vegas and you gambled, you and your two friends gambled every single day for now, what, 700 and something days straight? We've documented gambling every single day. That's interesting. I remember I went with a buddy to a high limit room. I think it was at Cosmo. We went to this like back room where they had maybe I don't know

it was like the size of the living room basically and there was a guy there and they had two roulette tables that were side by side. This one guy was playing both roulette tables at the same time

and he was playing $50,000 a spin on one $50,000 a spin on the other and he had it automated so that the dealer would put $10,000 chips on five numbers on this one

and five numbers on this one the same ones. And one would hit and go to the other table. That would hit he'd go back to the table. And they kept doing the same bets. This guy had probably spent about a million dollars. Yeah. Lost it.

Didn't care at all. He's just sitting there having a cigarette, drinking a drink, just wouldn't even sometimes pay attention to the tables. Would turn around and kind of chat is like 50 grand loss there, 50 grand loss there. And then he got out another million dollar marker for like basically a credit line to do that again. And then I remember he changed a number. Like he was always betting 14.

Never hit. So he's like, I actually moved the 14 like a 15 and then the 14 hit, of course. Yeah. And he was so upset at that, but was not as upset about losing like the million dollars that was going by. Like a hundred grand was gone probably every two minutes. Yeah. It didn't care.

So if you're a billionaire, I mean, it's just a question of how much money you have. Now, some people play over their, over their head or whatever, you know, they come out of their skis or whatever the saying is, you know, And but some people don't care. I mean, the guy probably isn't the world's greatest decision makers since he's smoking, like, which I, you know, don't think is good for you. And but he obviously, you know, he's smoking doesn't care or whatever. Like, I was a feeble attempt at humor, although I'm not, I wish all casinos were non-smoking. But that, me too.

You know, because I just hate the smell of smoke. And I mean, go outside and smoke, you know, but it's like, I guess, you know, so many people that make dumb decisions like smoking also make dumb decisions like gambling. So I don't know. Maybe it's only 11% of the popular. But it might represent a disproportionate number of the gamblers. Well, it seems like that's why they also want you to drink when you're at the table and they'll bring you the drinks. Yeah. Well, that's because it makes you a looser with your mind.

Right. Which is illegal. Like, in some states, they can't give you free drinks. It's not allowed. Which are like, people are like, yeah, it sucks here. You don't get free drinks. Obviously, like, I've had some of my biggest losses when I've drank. I did a video that did pretty well, 10 commandments of gambling and one of them was don't drink and gamble.

Because, you know, all of a sudden you're like drinking and you're like, ah, I'm going to, you know, what's a $20,000 marker? I'm going to get it back. If 14 is due, you start to make bad decisions. Yeah, drinking does. That makes sense to me because it's like if you're signing a contract or buying something, if you're completely inebriated to the point where like you can't make a sound decision, you could argue that the contract is invalid because you are not sound mind.

I remember there's that one case of the guy who lost, I think, tens of millions of dollars. And they said that the, because he alleged that the casino, he was completely passed out, but they were still forcing drinks on him, and then bringing him these papers to sign to take out even more money so he could gamble it. He lost all of his money, but then sued the casino to try to get it back, saying he wasn't even conscious.

And they were purposely feeding him more alcohol than he could take. So I don't know how that ended up, but just reminded of this. You know, he was a smart young man. Like, that's why I go to, even my HOA, like decisions on, you know, like, landscaping.

I mean, but you talk about like running the world, okay? Imagine if you were the supreme ruler of the universe. This is what we used to say to our kids when they're little. If you're the supreme ruler of the universe, now, you know, that sounds pretty bad. So would you outlaw gambling completely? Would you outlaw drinking? Would you outlaw smoking? Like, I'm just curious.

Like, I'm glad I'm not the person running the world. Yeah. My bet is that there probably should be a limit, that they shouldn't outlaw drinking entirely, but say, okay, you're, you know, you could, you could have three drinks on the house. Point oh, certainly dry. Oh, you mean a limit on drinks at the casino? Yeah, so they'll bring you free drinks. Okay. But everyone gets two or three. I see.

After that, you have to pay for it. And maybe if you pay for it, there's that little bit of a barrier now that. Sure. Now it's on you. Because I know, like, I have a hard time turning down free things. If something is free and funny. That's already on you, man. If you have a hard time turning down free things, fix that.

I'm just saying. But, but they could give three things. of them for free and then everything after that. He's addicted to free things. Outlaw free things. But if someone brings me food, like dessert is the worst. I don't like dessert. I prefer not to eat dessert.

But if someone brings me a dessert, it would be rude now to turn it down. Like we went out to dinner the other night and the guy brought us a dessert. And I'm not gonna say, no, I don't want that. So I ate the dessert. So if I had to pay for it, I wouldn't get it. So at least for me, give a little bit for free,

but then stop it there. That's what I would do. These decisions are very, very complex and out of my pay grade. You know what I mean? Like say, I guess we got on the tan because I wish that there wasn't smoking casinos because I don't like the way it smells. And it gives me like a headache. And I think it's terribly sad that some people have a problem with alcohol and get

completely hammered drunk and then do stupid things that end up impacting their families and their lives. I think that's terrible. But I guess, you know, it's a weird thing. And I don't know, do, you know, are we in charge of our own destinies? Or do we need, you know, a government or some lawmaker to tell us what we can and can't do? Where do you draw the line? Because I notice in a lot of casinos that they, that they pump oxygen into the air, right?

And they make it confusing. They say that. I mean, I don't know. They make it confusing. I don't know the oxygen thing through. They intentionally make them confusing. Yeah, no clocks, no windows. You can't tell, like, what time it is.

You lose track of it. So it's designed. to keep you in there as long as possible. But where do you draw the line between, like, them, I don't know, having an advantage over, like, the average for, like, I don't know. I'm just glad I'm not in charge. All I know is I enjoy it. I like going.

I like getting free dinners. I like free desserts. I usually get, like, five spoons or six spoons, depending on people there. And everyone takes a bite because, you know, no one likes carbs because you see it on your news feed. Carbs are bad. You know, you should just eat meat, like the liver king. You said he was on your show? He was.

That's awesome. Isn't he like one of those meat eater? He just eats raw meat. Yeah. I mean, listen, I don't know. He eats cooked meat. I don't know what he does behind the scenes. But he brought us basically an animal that was raw.

Every part of it. Jack, love the testicles. It had everything on it. Testicles honestly weren't the worst out of all of them. I think it was like the kidney. The kidney. Because it processes the urine,

so it kind of tasted as you imagine urine would taste. Really? Yeah. Kidney was awful. Did it taste like urine, Tegraim? Yeah. I know you're more familiar with that. I don't like taste of liver.

Yeah. Yeah, liver was also iffy. I'm curious, this is a bit of a tangent, but like, you've mentioned before on a podcast, you know, you're young, you're making a lot of money and still you drive this like Toyota truck. Yes. Is there any particular reason why you don't want to maybe spend a little bit more of that money? Because I imagine you have plenty in excess. Yeah. I don't know.

I just don't care enough. Like, I was driving my mom's car. He bought my mom a new car at Ranger Rover. Range Rover autobiography. It's unbelievably nice. Wow. Ranger actually, they sponsor us. Oh, cool.

Shout out rangeover. The autobiography. Very hard to get the plug-in hybrid. We had to wait like nine months to get it. It would go ahead. I was driving it. It's so nice. And I was like, I got to worry about parking it next to another car.

And what if, like, my pants are dirty and I get the seat dirty. I just don't care about the car enough to deal with the stress of wanting to take care of it or worry about about speed bumps or anything like that. But yeah, I could. And sometimes I'm like, oh, should I get a nice car? But no, I don't care enough. I don't think. And what about girls?

Yeah, what about them? Like dating. as a younger guy, you know, making a good living, how do you, is there any sort of issue that comes with that? Like, if you were to get a nice car, maybe you'd be attracting the wrong type of person. I think, I mean, I don't think so. I think I have a fairly good filter on who's a good person and who's a bad person. Um, but I try to be aware. Yeah. This kid is so freaking smart. Must be like an old soul or something like, I mean, I don't know, make it interesting. Well, you probably was going to shut the hell up. But yeah, but it's like, like, how logical he's, like, how logical he's,

he is about like cars and stuff, he's, he just doesn't care. He doesn't need anyone's validation, you know? It's like, yeah, you could be dating supermodels, you know, whatever. Like, and then he'll be like, yeah, and I, maybe I'd probably get her pregnant or get an STD. And I, I just don't care that much. Like, he's like, you know, he's had like long-term relationship, very nice girls and not, like, some ridiculous body count. I don't know if that's probably a level of detail you don't want to go into school.

But you know, like, people's... Like, Dad. You know those, like, those guys on the reels? They go, they walk up and they go, what's your body count? You know, like, I mean, like... And it's like, it's interesting. This kid has an insanely good moral compass that he got, obviously, from his mother. And, uh, but I, that's interesting, did he actually that question?

Because I'm always sometimes... He's always pushing me. He's like, you should... Yeah, because you guys seem kind of antithetical to one another. We're not saying that you're, like, you know, like, not responsible. I'm just saying that... No, I'm a complete lunatic and he's, like, completely normal. It's really interesting.

But he is still like, you know, you open up your pockets at the casinos, so you still spend money there. No. No. But did you say- No, that's part of our agreement. I don't know if we ever actually talked about that. I don't take any of the financial gain or loss from the gambling. That's me and WBG.

So he does all the editing, which I like in the beginning it was like, I'll do the work. You do the gambling. That's how we started it. And then, I mean, like I could afford to do the gambling now. But no, I don't. Yeah. I mean, once in a while, like, you know, like, we'll do something, and then EJ might take, like, if it's a really good, something good, he'll go, you know, I'll take 10% of the action. Or like, we do, we constantly do side bets. Like, is it going to be blue or is it going to be green first. All right. I'll bet you $500 is blue. Sometimes he gets in on the action. But he's not, he doesn't have a gambling problem. He doesn't have a womanizing problem. He doesn't have a womanizing problem. This kid. So what problem do you have? Yeah. What's a problem? We're hiding something. You know, what's a boring? What would you say your biggest problem is today?

What to do with all the money, Tony? No, I don't think. I'm very grateful in life right now. I don't have any bad habits or anything like that. I work too much, probably. Is that a problem? No, I don't think so. Do you like going out?

No, I don't. Why not? I don't, I don't. It's loud. I would prefer to hang out with my friends at home or, like, go on, just do things where it's not so loud. I don't like getting hammered. I don't like how you feel the next day. It's just same as me.

I hate crowds. This is why I watched your videos for years, probably. I hate, like, loud places. I really don't like that. It's not a great use of time. I think these are all good questions. It's a great parenting strategy. No one's entirely worthless.

You can always serve as a bad example. He's got a great kid. All I had to do was be bad in my whole life, and he turned out good. So what sort of comps do you get from the casinos? Like, what's the craziest thing that you've been offered? Super Bowl tickets. I think was one of the coolest, like four killer Super Bowl tickets last year. That was one of the most fun times we ever had.

Oh, casino. We can't say. Yeah, we're not supposed to say, I don't think. I mean, not that I wouldn't. They just, they just, they just don't say. They have a finite amount of them. And so if, like, other big players didn't get them and we got them, they would just be like, why did they get, you know, they don't want the drama. Interesting.

Yeah. I say that, but that and then the jet, you know, like some casino. have a jet. And I think I envision I, I, I dream of a time where either I have my own or I only go to events where I get flown in their jets because they have them. So what was that like? It's so cool. Can you say what casino offered that or no? No. Same thing. I don't want. I don't, yeah. How does the jet work though? Because you live here. Where do you fly? I mean, you fly to. There's, there's casinos everywhere. I mean, there's literally casinos everywhere. Oh, so they flew you to another casino. Yeah. Yeah. So there's casinos everywhere in that in this country now.

It's interesting. I went to Northwestern and great hospital, by the way, got how to, how to have a surgery. And there was a, there was a casino like right there in downtown Chicago, like literally like a block from the hospital. Like, I was supposed to stay in bed for a couple days, got bored the next day after the surgery. I went down at the casino. It took it easy. We were just sitting there pushing buttons to nixrain myself, doctor. I mean, I'm in Indiana visiting my friends in Indianapolis. You know, we went to the Indy 500, started raining. I left before the race started. We go, what do you guys want to do? There's a casino. nearby. We went to this casino in Indianapolis. We've got to Minnesota, go fishing.

You know, we're like, hey, there's a casino. Should we stop there? There's casinos everywhere. So they fly people. What's, so I see this guy Ryan Trehan on YouTube all the time and he makes these videos going to the worst rated Airbnb or the worst rated something like that. That would be kind of interesting. I don't know if you guys have done something like that or ever considered going to like the worst rated casino in Vegas and then like going crazy there. I don't know if they want to be called the worst rated. Yeah. Yeah, okay, that's a fair point.

But I know like, and then, you know, you could give it an honest objective review or something like that. But that would be kind of interesting seeing, I don't know, something completely different. There's never a shortage of ideas. I mean, EJ's been incredibly smart about what to say and not say and do and not do. That's why we never go live, you know, on YouTube. A lot of people say, oh, why don't you guys go live? It's like, it's too valuable to us.

You know, what if you said something dumb or, you know, like, and you don't want to, and then, and then we might say something that's taken out of content. So I get concerned with podcasts. Like this is my main, just what, you know, I don't want to ever say anything dumb or like people say, oh, he was mean to that casino. And then someone might say like, well, then, gosh, if he said that bad thing about that casino, I don't want to be, he might say bad. So we never say anything bad about.

Yeah, we never say anything bad about any casino. And I don't, I don't heap praise on any particular casino. You know, I mean, unless and until such time as they know, I own that casino or I have an exclusive marketing rights with that casino and I get free desserts for. or whatever the case may be that makes me so happy about that casino that I might say something. But I mean, we try to remain neutral and say, you know, I'm out. Does that make sense? Yeah. And gambling, I kind of just thought, is one of those hobbies, too, that you can continue doing if you do it responsibly for a long, long time. Yeah. So technically, I mean, this could be

going on for a good amount of time. I'm like 90, you know. I mean, you could still be doing it. Yeah. Just rolling you out of the oxygen. Yeah. Well, here's what I'm curious about because if you say you lose 20,000 a month and losses, I bet the comps have to far exceed what you're losing. Yeah, that's... Square knows that in hospitality, efficiency is everything. That's why the system lets you take payments. Track sales, handle inventory, manage staff, send invoices, and keep up with finances all in one place. Fly through orders with zero mistakes.

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or their title is like, you know, make $250,000 worth of dinners or something like that. I mean, hey, you know what? The, the comps are great. I mean, I don't pay for meals. I don't pay for drinks. I don't pay for whatever else. You know, oh, like tonight,

I'm going to the night's game, and I'll be in a suite and it'll be, you know, it'll be like the best seats and it'll be fun and there'll be free food and drink. And I love that kind of stuff. You know, we go to UFC with it. We get great seats, the rodeo, you know, I mean, I get called. Do you want rodeo tickets?

Do you want this? Do you want that? Like every cool event, you know, we get to go to and we get great seats. And that's a lot of fun. I'm trying to think what else there is. Food, beverage, rooms. You know, it's like, I'm like, oh, you know what? Can I get a, you know, a ridiculous suite because I want to go and have a few friends over?

Like, and we happen to be here right now. Sure, no problem. Let me see what's available. Oh, again, there's like a little 5,000 square foot suite. You know, it's really cool. Again, E.J. would never do that. He never, he doesn't like to go out or anything like that. I love all that stuff.

So I get a lot of value. It's like being a member. I've used this analogy before. It's like being a member of a country club. If I, let's say I spent $250,000. I don't, there's a country club here. I think, I don't know how much is, like the good ones here. The summit.

Let's say it probably cost a quarter million bucks a year, right? And so they get to go schmooze at the summit and go down there. I mean, I'm sure the networking there is, you know, they're all billionaires. That'd be great, you know. But it's like being a member of the casino country club, you know. You get to, you, you, it's an investment in a lifestyle. That's one way of justifying. You know, gamblers are great justifiers.

But yeah, there's some incredible comps. What's the most that you've seen somebody else win? Well, a friend of mine came here for him. his birthday recently and hit the million at the win. Wasn't it like 1.5? Yeah. It was like a lot. But, you know, he's playing $2,500 a spin.

He texted me, he said he won a half a million the other night at the Bellagio. You know, again, but these people who you hear these huge win stories, you understand, they're like spending as much as $2,500 a spin on these machines. and in 10 minutes, you can lose 100. It's 400 bets, right? 400 bets. 400 bets is a million dollars. Yeah, so 400 bets on a slot machine,

you can lose that easily in a day. So when you hear about somebody winning a million at 2,500 to spin, I think it's all relative to how much you're betting. I know people that if their lives have been ruined, I mean, just that's the thing. And really, again, if, you know, for a clip, the most important clip would be to not think you're going to get rich gambling. Okay.

The odds are infinitely stacked. against you. I mean, Matt, they're, they're stacked against you. I've seen people's lives ruined. And again, I'm not condoning it. I think it's terrible. I got people who think they're going to win if they just keep playing long enough, they're going to hit the million and literally lose all their money and end up driving Uber. Not that there's anything wrong with driving Uber, but I'm just saying someone going from having millions of dollars to driving Uber. Like, that's a shame. How do you stop that cycle? Because I've seen people like that where it's almost a compulsion where they they feel like I have to do this or if I lose five grand,

I'm going to get it back. And it's like that digging themselves like deeper and deeper. Have you noticed certain personality traits or a little bit more like this young man asked a lot, a very serious question. But here's the reality. Like, okay, look at drug addiction. They have gamblers anonymous. You know, I mean, there's meetings you can go to. It's like, I just can't stop. Snorting cocaine. You know, it's like, well, just don't do it. I don't know how. I mean, literally, I can't solve all the world's problems. I can't even solve all the problems in my HOA. You know what I mean?

I mean, and I keep bringing that up because it's funny and it's current as in my life. You know, like, it's easy to criticize and it's easy to say, like, well, this is, this is a problem. But there's always like two sides of what points. So I was like, okay, yeah, gambling is bad and lives have been ruined. All right. All casinos closed in the entire world because some, you know, some idiot can't stop gambling. Like, is that the right answer?

I don't know. But, I mean, if they're watching it now, I think it's important. to educate yourself about gambling what the real cost of it is be responsible and if you do lose don't chase it something that we always talk about is like if we lose 10 grand it's so easy to lose another 10 trying to chase it yeah want you just have to book the loss go home or do a get even to get even no yeah yeah we then book the loss after the get even or get even that's right yeah you lose five then you lose the five thousand dollar get even getting more than you book the loss well i i don't know what our limit is but i'm just saying learning how to book a loss rather than

chasing it's very important in gambling being able to go home shake it off reset and continue to play the size that you are budgeted to play is really important this is a great question when do you walk away when you're up no you can't no i'm just kidding yeah can't leave a hot machine you can't leave for me it's that's the hardest part is to walk away up yeah because i then feel like all the profit that i just made now it's free and now i can just play with that because you know i'm not going to lose what I put. Yeah. WBG, our partner, he has a great line. He says there's no such thing as house money.

When the money moves to your side of the table, when the credits are in the machine and they're yours, that's your money. And yeah, you can't think of it as house money because then you start betting bigger and the house just has a bigger and bigger edge. As soon as you have the money, it's yours and you have to look at it that way. It's kind

of shift in thinking, but it's hard because let's say you hit your number on roulette and you're up a thousand immediately. You're like, now I got a thousand. Well, that's your thousand because you took the risk to get it and you already, you know, you gave the casino the edge and now you have your reward. You're just going to give them more

edge if you play more, bigger, or anything. Very well said. On our long form, on our YouTube channel, there's a lot of education. WBG is an absolute genius on gambling and he and he just, because he's devoid of emotion when it comes to

wins and losses, you know, because he just knows. Like, like we'll lose a $10,000 or like an $8,700 hand or whatever of Bachrock. We're doing our 870,000 subscriber thing. And I don't forget if we won or lost that one. But everyone. Well, okay, 8600, we lost?

Yeah. Okay. So we $8,600 hand. And I, and I get just so, I hate losing $8,600 hand. And I'm so emotional. He does not care because he looks at it, like, like EJ said earlier, let's say it's a 1.1% advantage. Playing an $8,600 hand, he, he, he's detached from the result.

He looks at it as 8600 times 1.1%. So it costs $88.30. And it's like how upset you're going to get about losing $88.30? Because he knows that's not the last hand he's going to play. So really he lost what was the House Edge. And he's so such a mathematical thinker, whereas me, I'm like emotional roller coaster. You have to be like that. So I'm always talking about the high watermark, to your point.

I got to learn how to quit at the high watermark. And I think, and again, I believe. even superstition. I'm like a tip gambler. Like in my gut, I know when that high watermark is. Now, in our case, we have to keep playing more because we can't just say, today's video is two minutes long. You know, it's like, I'm like,

why do it on the treadmill? It needs to be 45. You know, so like last night when I was over at Red Rock, I got, was playing Ultimate X, put 500 bucks in the machine, and I had a pretty good bunch of multipliers, and I got dealt four kings. And I I had like $2,700.

And I said to myself, self, you should quit. You just won two grand, $2,200 bucks. That was, that was easy. You should quit. I'm like, ah, $2,000 floor. And then so I keep playing, $2,000. I'm like, ah, my floor is a little flexible, $1,500 floor, $1,000 floor, $500 floor, hit the floor, put another thousand in.

Like, that's what people do. They, you get, when that little voice inside your head says you should book this win, listen to that voice. Take the money, go to the spa. Oh, that's another great free comp. It's free spas, free massages, free hydrofacials, free pedicures. There's great spas here in town. Take your wife shopping, buy her a present, go to the spa, book the wind, go to the airport, and go home. When that little voice in your head or in your gut tells you that that's the high watermark, it usually is. What's your craziest gambling story? Everyone's seen it. I mean, We were at a certain hotel playing $1,125 a spin.

And it was a few of us, WBG and a few other buddies, and we're like, okay, we're going to play this, and we're going to try to hit this progressive jackpot, no matter what we were going to hit it. And we got down $310,000, and you guys may have seen it. And we had to take multiple trips to get more money. And we were there for seven hours or something like that. And it was just insane.

and yeah I think that was probably the craziest there have been some since then similar and we won 130,000 doing something similar but like the you know everyone talking and going to get more money and bringing it to the casino

and it was just it was fun I watched that video and I remember you putting in like 50,000 30,000 in the time losing it and be like all right we're gonna get in a how do you get more money in that amount like 30 grand

do you just go up to them and they do you wire the money or how does that work? There's a lot of ways to do it. You know, credit lines are probably the safest way to do it. I have, like, credit lines at most of the casinos. But, I mean, you get a point where, like, let's say at that particular casino, we only had access to 100 grand and we needed another 100,000.

So, you know, you either have to go to the bank or you have to go to another casino and take a mark or that gets a little tricky, but it can be done. And, yeah, or have someone else come down who has a credit line there. You know, I mean, it's, there's ways of doing it. It sounds like in your videos, whenever you win or you lose or you're out of multiplier, like there's like a lot of murmurs in like, kind of like chanting or cheering behind you guys. Is there typically a crowd of fans or viewers that kind of like start accumulating when you're gambling? More and more recently, yes.

Yeah, because I've noticed that a little bit. How is that, is that a pretty quick thing, like as soon as you sit down or? Depends. I mean, it's getting, it's getting to be pretty, uh, It's an integral part of our production. Because, you know, I had an interesting story where I was at the Connor McGregor, Floyd Mayweather. Floyd Mayweather fight.

And I was in the restroom and I was peeing. And there was a guy next to me who weirdly I was talking to. Because it was very crowded. I don't know. He was wearing a hat and we were just chit-chatting. It was a very exciting atmosphere. And he was very friendly. And we were talking.

and washing our hands. You know, we were talking about the fight and the after parties and this, that, and the other thing. And it was just like a normal conversation. And then we walk out into that little thing where you walk into the arena and then they stop you

because it's the national anthem, you know? And so we were just all standing there in that tunnel to go down to the cool people floor seats, right? And I look at the dude and I'm like, that guy looks familiar. And I'm like, wait a minute, that's Leo DiCaprio.

And I'm like, oh man, you're Leo de Caprio. and I'm like, can I get a picture? And he's like, no thanks. And it was because like, but and I go, God, that was kind of, you know, mean or whatever. Like, but I think it probably gets a little bit annoying. But so I am so gracious with people all the time. Like I get stopped 10, 20 times even if like I'm trying to walk through a casino, you know, in a hurry or whatever, I had to pee. And I always take pictures.

I always give out stickers and keep. chains and different stuff like that. But sometimes, you know, you're not in the mood. You just lost 50 grand. Your wife's telling you to hurry up and get home. Maybe there's been one time where I was like less than friendly. I don't think so. I try not to be. But I'm telling you someone, I think it was like John Lennon said, everyone wants to be rich and famous. Trust me, it's better to just be rich. So with regards to the crowds and the filming and stuff, it's super fun and it's super cool and it's super flattering. And we love that everyone watches. But now we're more and more we're having to have like, the casino manager or security or someone say,

hey, wait till they take a break. Because if 10 people come up in the middle, oh man, I love you guys in the middle of our filming, it gets to be kind of weird on the video. So long answer to short question. My thought on it has always been, like we love everyone. But when we're making a video,

we have to prioritize the half a million people that are going to watch the video. And we will take breaks when we can to talk to everybody that wants to say hi. But the crowds are cool, especially when we have a big bonus and everyone's yelling. Like, they're not like interrupting our conversation,

but they're cheering when we win, that's fun. No one hates that. 99% of the people are totally normal. Then there's always the, there's a couple of bad apples that, you know, are strange, you know. It's always the ones like with bad breath that want to tell you secrets, you know. Got to get really close to you. Yeah. It's like, what is it with people that just don't know how to floss that are insistent of talking so close to you?

I've never understood that phenomenon. For me, it's always the people that shake their hand but won't let go of your hand. It really bugs me. and they keep holding onto it and I kind of pull back but they still like hang on to it or they hold your hand as they're telling you something.

Oh, they won't let go until you listen. Yeah. Oh, let me and then they keep holding it. I don't know. It's just, it's definitely, it says interesting. But we love the fans and everyone's so, so cool.

We watch you guys every day. We feel like we know you. And like, yeah, and we, you know, we love it. Because why do you think your audience is so dedicated? Because I've noticed of all the segments of YouTube, the gambling channels have, a very dedicated audience where people watch consistently every single video from start to finish.

And these aren't short like five minute lips. I mean, these are like hour long videos daily. Yeah. Why? It's a great question. I probably should have a better answer as to why. I think there's a lot to it. They become invested in us as people because we really put ourselves out there. They're invested in the gambling storyline. How'd they do today? Did they get their 15,000? back. There's so much. And I think as someone who plays slots, they get invested in like, as soon as you start playing, it's like, okay, well, are they going to get the bonus? And then they got the bonus. Now they have this extra 7,000. What are they going to do with it? So it's like there's so many different things that just have such strong pull through through an

entire video. Plus the personality, the conversation. There's a lot to it, I think. But again, I should have had a better answer for that. And I should think about it more. Yeah. So it depends on if you're talking about our videos or like gambling videos in general. Both. Yeah, but I mean, like gambling videos in general, I just think, like, I watch them, you know, like, I watch the, I watch the short form, you know, like, which I think a lot of people just watch the short form. And that's easy because it's like, oh, that guy bet $100,000 on a roulette spin. I'm going to see if he won or lost because I like the reaction. Like when they win, it's like, ah, when they lose, it's like, oh, you know.

So, so, and it's only 30 seconds or 60 seconds, you know, for a short. The long form, I think, is a whole different animal. You know, someone's not going to watch a 60-minute or a 45-minute video unless they're interested. And so then to all of EJ's points, you know, like ours is a lot more than just gambling. We talk about everything. What's the most you bet on a single hand? 20,000, I believe. 40.

40? Two hands of 20, remember. Yeah, the table limit was 20. We were being silly. And like, we lost like a thousand dollar hand. And then we go, okay, let's bet two. and then we said, okay, let's bet four. Or no, that math doesn't make sense.

But you might have jumped to like 10. Or maybe we lost the four, so we're out seven, so we bet 10. And we kept losing. So then we bet 20. And then we lost. So we lost like five in a row, and now we had lost almost $40,000. And so then we decided we had, we're almost out of money. We decided to bet $40,000.

And we couldn't, the table limit was $20,000. So each two of us did $20,000 each on a hand. of Bachrod. Yeah, Bachar. And we won. But, I mean, we could have just as, we had a 50-50 chance. Because it's never due. That's the most, people think things are due.

It's never due. No. I don't know what the world record is for a number of, you know, player or banker hands or hands where the dealer wins in blackjack, but it's a lot. And it's more than you can double. But we got lucky and we won that hand for 40,000. What are your thoughts on online casinos? We are partners with Fandole Casino.

And we do have thoughts on that. them. Yeah. Would you like to share them or do you want me to? I'd like to hear your thoughts. I think that in the United States, there are only a few regulated real money online casinos. There's Fandwell Casino. There are a few of Fandwell Casinos competitors. They're legal in five states. And everything else that is not that is operating in a sweepstakes gray area, which we do not want to venture into. So like you can't gamble here in Vegas online. When we do make video. on Fandu Casino, we have to fly to a state where it's regulated, and then we set up and we play, and it's a lot of fun. I think that just like anything, you have to be careful. You have to make sure you don't go outside of your budget and everything.

The access to online is a little bit easier, so you might want to even be more careful about it. But it is fun. It's cool. And yeah. And also, like, you know, the RTP, the return to player. Yeah, this is good point. On online casinos, the legitimate ones. that again that you know just the states

like what EJ said the RTP is actually higher almost across RTP is returned to players almost across the board so like if I play

if you play the same game in the casino in a land-based casino versus online you're actually because they don't have the overhead they don't have to pay

dealers they don't have to pay this the other thing like so they have a lot less overhead and they actually pass through

the player's still going to lose you know but if if you're like only losing 3% per spin instead of 8% per spin on an identical game, the online casino is actually the better move.

I also like it because I can play in my pajamas. I also like it because nobody smokes. You know, there's a lot of things I like about it. I can play Ultimate X, 10 play bonus poker on my phone. I was playing, they sent us to a Detroit Pistons game and I was like on court side, I don't really care about the game that much and it was a blowout. So I was like playing video poker on my phone

while I was watching the game and for real money for like you can bet a lot and and then there's certain casinos that you know like I say that

are maybe like in another country might be legal but not in the United States so why is it so like banned in all these states except for five

like what's the reason behind that? I think the land-based casino is probably lobby very heavy against it. Yeah. It's all politics

and it's so much everything you Everything you ask is all like, these are not my decisions, sir. Yeah. You know, like, because you got lobbyists. You got all this money in the land-based casinos, you know, and it's like, who's going to pull the strings? You know, it's all the, it's all the people who make the decisions.

I think these are our senators and our congressmen and the president and so forth. And it's all very complex. Every issue is extraordinarily complex. Like I remember in California, I was very confused. I went to, like, I forget what? Pichanga Resort and they didn't have dice Like dice were not allowed in California

Right and so they'd use cards instead And then I would look it up and see well Okay it's because it's on an Indian reservation There was some sort of regulation That was past decades ago About not using dice Imagine they have like roulette wheels With cards I've seen them they're weird

Right It's the same thing like it doesn't make sense Yeah people will find a way around it It's all It's all very complicated And I'm certainly glad that I don't make the decisions. But yeah, like why is it illegal in one state, not in another? Online gambling is huge in other countries, not here only in five states, the other states.

You know, I mean, there's interest, there's lobbying. And eventually it gets to the point where the lawmakers make the laws. And then all we have to do as the people of the citizenry of the world is follow the laws as they're written. If you can figure them out. Dana White's dream, as he said, is to play $1 million hand. That's what he said. I don't know if he's been able to do that already. I saw that.

He wants to have a 30 million line of credit and be able to play a million a hand against them. So, like, he, I think he would be able to get just one million dollar hand down, probably. But I don't think anyone wants to take the action, like a $30 million swing against him at those limits. It could ruin a casino's quarter. Like MGM, I read, or maybe it was an MGM. When you ask, why not, you sound like, you sound like WBG because he knows he's like, well, we're winning. we would have the edge against him. But you could get beat.

Like they're spending on like for shareholders and stuff like that. So it's just lucky. Like, I mean, you can have all the people sitting there playing a dollar a spin, you know, and drinking free cocktails and so forth and so on. You have one whale that comes into the high limit room and beat you for $90 million. You got shareholders to report to and so forth. So if Dana, who's a really lucky guy and, you know, he says just like, leaves a charmed life, you know, knowing him, he'd get a $30 million credit line.

And he'd go in and he'd get on a total. terror and he'd win like a hundred million dollars and like you know cause the stock price of that that casino to drop or something that's probably what and then he'd probably never play there again but like big gamblers will make deals with casinos where they will say i agree to play for this amount of time if you give me this limit and i'll play over a certain period of time and then they'll get those sort of deals approved wasn't there a guy who negotiated with the casinos slightly where it was in his favor and they never did that again? I read a story about this. I don't know if I've heard that story. He brought in like 20 million dollars, but he said, I'd play under these conditions and they really wanted this business. That's Phil Ivy. That's Phil Ivy. Yeah, he was, I think there was, I think there were, the cards were marked slightly where he knew. Yeah, he had an edge. They didn't, they weren't aware of it at the time. I don't think the casino was. I thought there were, there. There's so many weird rules where it gave them like a quarter of a percentage point in his favor. But, but they wouldn't think about it. Like, the dealers can't hit on this soft 17 and like this. Melting.

And again, like, we're not the encyclopedia of gambling. And by the way, we're like, we're not whales. Like, we don't ever do any of these things that the huge gambles. These are whole different levels of people. There's two different things. Like, he did say, like, okay, I want, I want, I want an Asian dealer. And I want this brand of cards. And I want, you know, whatever.

Like, he had things that would go like, yes, yes, yes, yes. But what they didn't know is he could look at the edge of the cards. and tell if it was a face card or not, or something like that. Yeah. Again, this is public information, I believe. I'm not claiming that those are the exact facts, but I'm pretty sure that that's the essence of it.

And I know that there was a court case and so forth, and they didn't pay him something or he was, you know, it was not a happy thing for anyone involved. So if that's Dana White's dream is the $30 million line of credit and $1 million hands, what would you say the dream of Vegas? Mattis. The ride that steals the spotlight every time it hits the road, that's the Volkswagen Tiguan.

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Luckily, Jeff saved with Amazon and stocked up on antacids, ginger tea, and milk. Habaniero? More like habanier, yes. Save the everyday with Amazon. I like having fun. And so, like, my dream, like, we had so much fun in Michigan. And we did an event called A Night with Vegas Matt. And it was a 1,300 seat theater. And we had 1,000 people on the waiting list. And we went in and I've always wanted to be like a comedian, entertainer.

I was in the movie business briefly. I love being on stage and seeing my name in lights. It was so fun. bringing EJ up on stage and WBG and W2G is my whole crew. And then all these nice people who, you know, came and we had this the most fun. And we gambled together. We all went out on the casino floor or the place I had like one of their busiest nights in history. I enjoyed the heck out of that.

And my dream would probably be to have a jet. And because I don't like going through TSA and fly like from casino to casino. at a reasonable pace, like maybe like one a week or something like that, you know, and then just cruise around the world with my kid and my friends and, and gamble and have a lot of fun. Like that's kind of a fantasy-esque at the moment, but not that terribly far off actually, but, you know, and I can see that happening,

but gambling-wise, like we've talked about a million-dollar hand for a million subscribers, and I'd like to do it and we could do it. There's a 50-50 chance. We either win or lose, you know. the thing we got concerned about is, one, it is hard to find a casino that will take a million dollar hand.

And then the other thing is, is it would be amazing if we won. And I've talked to a couple of casino owners, and it's like, yeah, it would be great if you guys won. And then if you lost, it doesn't look good either, you know, and it's just not good for either of us. And so that was a dream that has not come to fruition, and I'm not sure that the million dollar hand will.

I bet you could do $150,000 a hand and just do, you know, however many hands. Six casinos or something at one. Or, yeah. I mean, there's a lot, but I just don't know that, you know, that we'd get the bang for the buck or if it's worth it. where, you know, EJ comes up, this is the thing, he comes up with a new idea. He and WBG, sometimes I have a little input, with a new idea for something actually interesting to watch every single day. I mean, how many people have a 45 minute a day TV show seven days a week

for 750 days straight? It's, there's a lot of creativity in that little brain it is. And so he just keeps thinking of ideas. And I'm sure we'll think, and if you guys come up with any great ideas, by all means, let us know, you know, we can execute as long as it, as long as it's legal and nobody gets hurt. What's your biggest insecurity? Being asked a question I can't answer. My biggest insecurity, I don't know. I think I caught over most of them, but like I was, I was pretty insecure about being

like totally fat after that one podcast that were like, they had like 10 cameras on my, in my jowls. So I like lost like 50 pounds. Was that really the catalyst? Yes. You should have seen it. Did you get comments? Or did you just see it yourself?

You're welcome to pop it up. I've done this. You're welcome to pop it up. Like from that, from like, Dylan's podcast. Like, just find like the worst angle of me. Shout out Dylan. It looked like a frog neck. I mean, it was absolutely.

I just was like, Matt, step away from the food. You know, because it's like, I like went to Vegas. I gained a lot of weight because I was like, you get free food. Like, I'll take the, uh, rib eye. Oh, the cream corn. You know, can we get that seafood tower?

That was really fun last time. What else should we get? The scallop potatoes here are just unbelievable. Do you want some scallops as a side? Anyone else want anything? Anything at all. Like, let's just, because we just lost 20 grand. I want to eat 20 grand of food.

And it's just like, yeah. So, I don't know. I don't get too vulnerable here. So I don't know where you're going with that doctor. But what, you know, it serves up. How did you lose the way? Was it purely just cutting back on eating? or was there like a workout routine?

Well, I would like to have a sponsor for this, but I'll tell you what, I did make a lot of money on the stock of the company whose product I used to lose the weight. And, you know, it's like everyone else, the shots, you know. Okay. Yeah. I mean, those things are, I mean, I don't know probably bad side effects.

I mean, don't blame me. I don't get paid by these people, but I'm just telling you that I wasn't hungry. You know what I mean? And it's like, this is a... Yeah, I know a few people who have... Weight loss secret. And I'm just going to...

And this could be... something you could clip. Here's Vegas Mats, weight loss secret. Don't eat a lot and move more and you will lose weight. Now, if you eat like a pig all the time and drink a bunch of alcohol

and don't exercise, you're going to be fat. Wise words. Yeah. No, and then that shot thing just makes it so you're just not hungry and so the weight just falls off. Didn't it also get rid of your urge to drink? Yes. Yeah.

Because you just don't want to consume anything. Like, it's, it's interesting. Now, it may end up causing us to all grow third eyes in the middle of our forehead. And, like, I don't know. Like, drugs are bad. Like, it's better to probably just breathe pure oxygen, exercise, and listen to the people on Instagram.

Yeah, there was a thing about OZempic, where they said it cut down on compulsions. Yeah. And I think gambling, believe it or not, was one of those things that it was proven in their studies to cut down on. Yeah. Didn't work for him. It hasn't worked on me. But yeah, that was Monjaro, I guess.

It's fascinating. Like, there's so much to discuss other than gambling. I mean, you guys ask good questions, and I feel like we've gotten on fun topics. But it's just like, yeah, are drugs bad? Are, you know, like, every discussion, someone has to make these decisions. Are vaccines good or bad? Is it better to be a vegan or is it better to eat nothing but animals? Like literally, you have people that on both, like someone says just don't eat any animal anything and you'll build more muscle like the vegan weightlifter.

And then there's the liver king. And they're both super passionate about what it is that they believe. I guess that's wonderful. We can believe what we want to believe. Or, you know, some people think better, like I have a friend who's ad was a doctor and he literally believed in better living through chemistry. You know, you had a problem. He had a drug for it. And he, and he, that's what he really believe.

Like, doctors believe like, hey, you got a problem here. You know, here's an antidepressant. Here's a stimulant. Here's a weight loss shot. Here's this. And then there's others like my wife who are like, you wake up every morning at five. You do Pilates. You have celery juice.

You know, you drink all this other stuff. I mean, she's so doggone healthy. It's unbelievable. How long have you been married? April of 89, so 35 years. What are the secret? to a 35-year marry. Oh, well, my upcoming book

on how to make excellent decisions is going to be coming out shortly. Of course, says the gambling degenerate. You know, I think marrying the right person is a very good... I don't know, I looked back, maybe when I was your age,

I was making really quality of decisions and I did, and I was wise beyond my years. You know, like, I mean, I married a girl who was, like, honest, and a girl who was, you know, had a good moral compass and who was not...

and kind and a good cook and uh it's a better answer than you usually give well what what am i supposed oh yeah i usually joke i mean i was but i mean i don't know i'm in a mood i've been talking for like three hours you're tired i feel like trump and rogan here uh but i usually say just don't marry a a bitch you know and uh that's you know i always try to be funny you know you got to be you got to be politically correct this day he's that's why i have e. you know like but i mean it's just true because like i see so many people that marry and then their marriage is just non-stop fighting and a jealousy and all this weird stuff that's like don't marry someone that you're arguing with constantly or that doesn't trust you or that is mean to you or whatever like you know like fall in love and live happily ever after like it might take you a little while to find the right person but they're out there and don't give up and you can always go on tinder i don't know that was another joke but didn't land very I don't know.

And then, yeah, and I've also just been really lucky. I'm actually am writing a book. Cool. And it's basically called the art of being lucky. And I think luck plays a role. It's a great name. Yeah, the art of being lucky. And 21 all-in moments in the life of Vegas, Matt.

And I can almost even talk about it now because it's like... I got to read it. Yeah, listen, I don't need you involved in my side project. You had nothing to do with this book. This is my book. It's not like 75% done. It's a lot of work to write a book. But it's the art of being lucky.

So like maybe I just got lucky and I found the right woman. I mean, really it would boil us down. And also like it's not like I'm going to write a parenting book. Like, yeah, let's go gambling with your son. Encourage them to have parties. And then they'll grow up to make good decisions. You know, like I don't, but I got lucky with had good kids. How has this changed your relationship together?

Now, like, you're working with each other. I don't know that it's changed. much like our dynamic is still very the same we give each other a hard time we have fun maybe there are a few more serious moments but i think all and all it's the same it's always been do you ever get into creative disagreements no because i decide you have control yeah yeah do you ever push back on some of his ideas not not really because otherwise i mean i'm smart enough to know that if i start getting involved in that then i'm going to have to be involved you know And then you've seen my aversion to politics, complicated decisions, you know, things like that.

Like, if I can avoid responsibility, I will at all. So, like, they come up with the titles. They come up with the concepts. I'm just a pretty face. Well, I am now thanks to the- I think part of it is also we just want him to come and have fun. That's like, if he's able to have an authentically good time and never get sick of it, then that will keep it being entertaining.

Wait, you got really mad at me. And, like, we have, like, I'll drop like an F-bomb or whatever. whatever, like, I've lost my temper at him because, like, we're playing blackjack. And, and I'm just getting absolutely smoked. You know, I mean, literally the dealer has a 10 up every single time. It's gotten like five black jacks. I get 16, 15, 14, bust every time. The rare occasion, when the dealer has 16, they get a four or a five. I'm losing every hand. And I was like, so mad. I took my hand and my chips and I banged it on the table like that. And my chips kind of went like this and then EJ is like, push, like telling me not to exhibit bad behavior,

you know, and I'm like, I just lost like $19,000 a little prick, you know, like that's happened, but then we don't hate each other forever. Like, but there have been moments. I mean, it's not like we have this like pristine little universe in the gambling world. Like, I mean, yeah, well, we have been more, I get annoyed. I forget there's some should have been countless other things he's done that have annoyed me, but I literally can't remember anything except for that one thing I just mentioned because it was like two days ago. Is there any rivalry between like the gambling YouTubers together? Like do you see each other at the casinos? You're like, oh, that that's so-and-so. Yeah. Yeah, we see each other. There's no rivalry. Everyone gets

great. They're all really nice. There's one particular person who nobody likes. Nobody, that they don't like us. But no, I think we have a philosophy that all ships rise with the tide. The larger we can grow the audience that is watching gambling content, the more that everyone will benefit, so we're very friendly. Okay. Yeah. And also just we're friendly because we're friendly. Yeah. I mean, like, and it's a nice group, you know, and some people have like a scarcity mindset, and I learned, you know, in my personal development journey, that never works. Like, you know, bundan, it's all ships, size, and size. And, and then get along and help others and give more than you expect to receive. And so, yeah, like, we all went up to Reno for NG is one, is another big,

uh, salon influencer. We went to his birthday party and everybody was there. And everybody was there. We were all up all night gambling together, filming content, being on each other's lives and stuff like that. And it's a really nice community. Everyone seems to get along great. Thank you so much for your time. And I really appreciate this. Yeah, it was good times. Yeah.

Thank you. And we'll link to all your information down below in the description. Thank you so much for comment. Thank you guys for watching. Until next time.