2618: Beating the House with Kit Chellel

2618: Beating the House with Kit Chellel

LifeBlood: We talked about the world of professional gambling, who the elite 1% of gamblers are, how they apply data science and technology to beat the house, what their mindset reveals about risk management more broadly, the parallels between professional gambling and Wall Street investing, the history of high-tech gambling tactics, the structural disadvantages facing individual participants in gambling markets, and the impact of artificial intelligence on journalism. with Kit Chellel, a reporter at Bloomberg and Businessweek and author of the newly released book Lucky Devils.  You can learn more about Kit at Bloomberg [https://www.bloomberg.com/authors/AQgXoqAi4I0/kit-chellel], X [https://x.com/KitChellel?lang=en], and LinkedIn [https://www.linkedin.com/in/kit-chellel-17508212/]. Get your copy of Lucky Devils here: https://amzn.to/4wHETWv [https://amzn.to/4wHETWv]  Want to say “Thanks!” You can buy us a cup of coffee. https://www.buymeacoffee.com/lifeblood [https://www.buymeacoffee.com/lifeblood] George’s newest book is available! Get your copy of The Meaningful Few here:  https://amzn.to/4qA26X9 [https://amzn.to/4qA26X9]  Feeling busy but unfulfilled? The Meaningful Few helps you identify what truly matters, eliminate distractions, and live with intention and clarity. Learn more here:  https://www.mymeaningfulfew.com/ [https://www.mymeaningfulfew.com/]  Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: https://ratethispodcast.com/lifebloodpodcast [https://ratethispodcast.com/lifebloodpodcast] You can learn more about us at LifeBlood.Live [http://lifeblood.live/], Twitter [https://twitter.com/ourlifeblood], LinkedIn [https://www.linkedin.com/company/lifebloodlive], Instagram [https://www.instagram.com/lifeblood.live/], YouTube [https://www.youtube.com/channel/UCNQ9Gc4mMwCHZKUHjbt0-qA] and Facebook [https://www.facebook.com/lifebloodlive] or you’d like to be a guest on the show, contact us at contact@LifeBlood.Live.  Stay up to date by getting our monthly updates [https://george-grombacher.aweb.page]. Copyright LifeBlood 2026.

2618: Reimagining Deconstruction

LifeBlood: What does it really mean to "reimagine" society? Anyone can criticize a system. Anyone can point out flaws. But building institutions, maintaining communities, and creating lasting change is far harder than tearing something down. This episode explores the difference between criticism and stewardship, why ideas are cheap but implementation is difficult, and why every proposal should be tested against reality,not just intentions. Want to say “Thanks!” You can buy us a cup of coffee. https://www.buymeacoffee.com/lifeblood [https://www.buymeacoffee.com/lifeblood] George’s newest book is available! Get your copy of You’re Money Isn’t the Problem- You Are here:  https://amzn.to/4uDYFRz [https://amzn.to/4uDYFRz]  Feeling busy but unfulfilled? The Meaningful Few helps you identify what truly matters, eliminate distractions, and live with intention and clarity. Learn more here:  https://www.mymeaningfulfew.com/ [https://www.mymeaningfulfew.com/]  Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: https://ratethispodcast.com/lifebloodpodcast [https://ratethispodcast.com/lifebloodpodcast] You can learn more about us at LifeBlood.Live [http://lifeblood.live/], Twitter [https://twitter.com/ourlifeblood], LinkedIn [https://www.linkedin.com/company/lifebloodlive], Instagram [https://www.instagram.com/lifeblood.live/], YouTube [https://www.youtube.com/channel/UCNQ9Gc4mMwCHZKUHjbt0-qA] and Facebook [https://www.facebook.com/lifebloodlive] or you’d like to be a guest on the show, contact us at contact@LifeBlood.Live.  Stay up to date by getting our monthly updates [https://george-grombacher.aweb.page]. Copyright LifeBlood 2026.

2617: Government Gangsters

LifeBlood: Government exists for a reason, but what happens when it begins acting more like the very organizations it was created to stop? This episode explores the uncomfortable overlap between organized crime and government. From incentives and bureaucracy to constitutional limits and human nature, this isn't an argument against government, it's an argument for accountability. History reminds us that freedom is rarely lost all at once. It erodes one exception, one expansion of power, and one moment of complacency at a time. The question isn't whether government is necessary. The question is: What keeps it serving the people instead of itself? Want to say “Thanks!” You can buy us a cup of coffee. https://www.buymeacoffee.com/lifeblood [https://www.buymeacoffee.com/lifeblood] George’s newest book is available! Get your copy of You’re Money Isn’t the Problem- You Are here:  https://amzn.to/4uDYFRz [https://amzn.to/4uDYFRz]  Feeling busy but unfulfilled? The Meaningful Few helps you identify what truly matters, eliminate distractions, and live with intention and clarity. Learn more here:  https://www.mymeaningfulfew.com/ [https://www.mymeaningfulfew.com/]  Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: https://ratethispodcast.com/lifebloodpodcast [https://ratethispodcast.com/lifebloodpodcast] You can learn more about us at LifeBlood.Live [http://lifeblood.live/], Twitter [https://twitter.com/ourlifeblood], LinkedIn [https://www.linkedin.com/company/lifebloodlive], Instagram [https://www.instagram.com/lifeblood.live/], YouTube [https://www.youtube.com/channel/UCNQ9Gc4mMwCHZKUHjbt0-qA] and Facebook [https://www.facebook.com/lifebloodlive] or you’d like to be a guest on the show, contact us at contact@LifeBlood.Live.  Stay up to date by getting our monthly updates [https://george-grombacher.aweb.page]. Copyright LifeBlood 2026.

2616: Everything Compounds

LifeBlood: Everything compounds. Not just money. Confidence or anxiety. Trust or resentment. Health or disease. Saving or spending. This episode explores why and how every day you're making deposits into the person you'll become. Your future is simply the compound interest of today's decisions. Want to say “Thanks!” You can buy us a cup of coffee. https://www.buymeacoffee.com/lifeblood [https://www.buymeacoffee.com/lifeblood] George’s newest book is available! Get your copy of You’re Money Isn’t the Problem- You Are here:  https://amzn.to/4uDYFRz [https://amzn.to/4uDYFRz]  Feeling busy but unfulfilled? The Meaningful Few helps you identify what truly matters, eliminate distractions, and live with intention and clarity. Learn more here:  https://www.mymeaningfulfew.com/ [https://www.mymeaningfulfew.com/]  Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: https://ratethispodcast.com/lifebloodpodcast [https://ratethispodcast.com/lifebloodpodcast] You can learn more about us at LifeBlood.Live [http://lifeblood.live/], Twitter [https://twitter.com/ourlifeblood], LinkedIn [https://www.linkedin.com/company/lifebloodlive], Instagram [https://www.instagram.com/lifeblood.live/], YouTube [https://www.youtube.com/channel/UCNQ9Gc4mMwCHZKUHjbt0-qA] and Facebook [https://www.facebook.com/lifebloodlive] or you’d like to be a guest on the show, contact us at contact@LifeBlood.Live.  Stay up to date by getting our monthly updates [https://george-grombacher.aweb.page]. Copyright LifeBlood 2026.

2615: Every Goal Pays

LifeBlood: Every Goal Pays. But who's getting paid? A sports betting commercial inspired today's episode, and revealed a much bigger truth. Most people spend time, attention, energy, and money betting on outcomes they can't control. What if we redirected those same resources toward ourselves? This episode explores why your greatest investment isn't in sports betting, but in setting meaningful goals for your own future. Because every goal pays. Want to say “Thanks!” You can buy us a cup of coffee. https://www.buymeacoffee.com/lifeblood [https://www.buymeacoffee.com/lifeblood] George’s newest book is available! Get your copy of You’re Money Isn’t the Problem- You Are here:  https://amzn.to/4uDYFRz [https://amzn.to/4uDYFRz]  Feeling busy but unfulfilled? The Meaningful Few helps you identify what truly matters, eliminate distractions, and live with intention and clarity. Learn more here:  https://www.mymeaningfulfew.com/ [https://www.mymeaningfulfew.com/]  Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: https://ratethispodcast.com/lifebloodpodcast [https://ratethispodcast.com/lifebloodpodcast] You can learn more about us at LifeBlood.Live [http://lifeblood.live/], Twitter [https://twitter.com/ourlifeblood], LinkedIn [https://www.linkedin.com/company/lifebloodlive], Instagram [https://www.instagram.com/lifeblood.live/], YouTube [https://www.youtube.com/channel/UCNQ9Gc4mMwCHZKUHjbt0-qA] and Facebook [https://www.facebook.com/lifebloodlive] or you’d like to be a guest on the show, contact us at contact@LifeBlood.Live.  Stay up to date by getting our monthly updates [https://george-grombacher.aweb.page]. Copyright LifeBlood 2026.