WEBVTT - Risky Business Live! How To Read People In Poker And Beyond

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<v Speaker 1>Pushkin. Welcome back to Risky Business, a show about making

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<v Speaker 1>better decisions. I'm Maria Kanakova.

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<v Speaker 2>And I'm Nate Silver.

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<v Speaker 1>He is Nate Silver.

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<v Speaker 2>You often like crack up during can but like, yeah,

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<v Speaker 2>we're not going to do that to time.

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<v Speaker 1>Today We're going to be straight faced. So today on

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<v Speaker 1>the show, we have a really fun live show for you.

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<v Speaker 1>Today we're going to be talking about reading people, the

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<v Speaker 1>art of tell's deception, bluffing, and all all of that

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<v Speaker 1>fun stuff. And after we kind of lay the groundwork,

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<v Speaker 1>you guys better be paying really close attention because we'll

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<v Speaker 1>be having people come up here to demonstrate how much

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<v Speaker 1>you've learned about the art of greeting people.

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<v Speaker 2>It's a five hundred dollar our entry fee. It's on

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<v Speaker 2>the back of your ticket.

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<v Speaker 1>So, Nate, you and I have just come back from

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<v Speaker 1>Las Vegas, where we were both playing in the North

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<v Speaker 1>American Poker Tour Famous Any Famous, Famous NAPT And you

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<v Speaker 1>know poker and life are our games where there's bluffing. Nate,

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<v Speaker 1>how are you at bluffing? How are you at bluffing

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<v Speaker 1>and poker? And how are you at bluffing in life

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<v Speaker 1>which might otherwise be known as lying?

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<v Speaker 2>I think I'm a pretty good bluffer in poker, both

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<v Speaker 2>kind of understanding like the game theory behind win to

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<v Speaker 2>bluff and also like kind of have a few tricks

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<v Speaker 2>to like pull things off right ironically in like real life,

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<v Speaker 2>I kind of I kind of been very bad at

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<v Speaker 2>lying in real life. I think my partner's here tonight,

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<v Speaker 2>so you can confirm or deny that potentially. But no,

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<v Speaker 2>I get very uncomfortable with you know, who is it

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<v Speaker 2>like a lie takes too much work? Right? Kind lazy? No,

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<v Speaker 2>It's like even things like like so when I was

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<v Speaker 2>hiring people at five thirty eight, were with at Disney, right, like,

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<v Speaker 2>what's the kind of the long term stability of this company?

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<v Speaker 2>At the ABC News ESPN, I be like, I don't

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<v Speaker 2>really know. You know, I'm under contract for a couple

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<v Speaker 2>of years and we'll see what happens and so like.

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<v Speaker 2>But I'm very comfortable, like in any type of negotiation

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<v Speaker 2>or relationship, like I don't think it serves people certainly

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<v Speaker 2>when purpose in the long run to kind of like

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<v Speaker 2>form a relationship on false pretenses because it gets discovered

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<v Speaker 2>later on. Right. No, So I'm an honest person mostly

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<v Speaker 2>out of like laziness in real life, but in the

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<v Speaker 2>context of poker. You know, poker would not exist without bluffing.

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<v Speaker 2>That's what makes poker poker. I don't consider bluffing in

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<v Speaker 2>poker to be lying. Also, when people, you know, people

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<v Speaker 2>ask you, oh, what did you have? Right, so people

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<v Speaker 2>are like, oh, if you actually ask a question, they

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<v Speaker 2>won't like literally lie, I will, I will, I will

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<v Speaker 2>lie my ass off, but like of what my ham was?

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<v Speaker 2>I think it's like part of the game, but only

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<v Speaker 2>a game. How about you are you Are you a bluffer? Maria?

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<v Speaker 1>Well, you know, I when people ask me like, oh,

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<v Speaker 1>you know, you wrote a book about con artists and

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<v Speaker 1>now you're a poker player, so you're basically doing that.

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<v Speaker 1>And I want to say no, absolutely not, because, as

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<v Speaker 1>you say, poker is a game and bluffing is part

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<v Speaker 1>of it, right, It's actually part of the rules. So

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<v Speaker 1>everyone expects you to not tell the truth to bluff.

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<v Speaker 1>That is one of the strategic elements of the game.

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<v Speaker 1>Con Artists lie when they're supposed to be telling the truth.

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<v Speaker 3>Right.

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<v Speaker 1>Part of the rules of life is that we can

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<v Speaker 1>trust each other, Right, you can trust me, I can

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<v Speaker 1>trust you. We're not going to lie to each other

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<v Speaker 1>when we see each other. And in fact, there's actually

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<v Speaker 1>a lot of psychology that shows that humans have evolved

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<v Speaker 1>for truthful relationships, not for deception, and that kind of

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<v Speaker 1>trust is the default option. So in lots of study

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<v Speaker 1>where you have people play all sorts of games. So

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<v Speaker 1>we talk a lot about game theory on the show,

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<v Speaker 1>and there are lots of games where you start off

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<v Speaker 1>where you can either kind of cooperate or defect. Right,

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<v Speaker 1>you can play by the rules, or you can cheat,

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<v Speaker 1>you can lie. And it turns out that more often

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<v Speaker 1>than not, like in the absence of any kind of

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<v Speaker 1>incentive or pressure to the contrary, people start off cooperating

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<v Speaker 1>and they start off in a very trusting stance, and

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<v Speaker 1>that's actually, like, to me, that's really great, right, that's

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<v Speaker 1>a very like hopeful thing for humanity, and societies with

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<v Speaker 1>high levels of trust tend to do better. And you know,

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<v Speaker 1>the reason that humans are actually pretty bad at spotting

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<v Speaker 1>deception is that most people don't lie every day, right,

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<v Speaker 1>And it's evolutionarily beneficial to just assume people are telling

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<v Speaker 1>the truth. If you always thought everyone was lying like that,

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<v Speaker 1>that ain't a good That ain't a good place to do.

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<v Speaker 2>Like in like small communities. Then there's a reputational cast.

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<v Speaker 2>I'm not that you know gto about it. It's like

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<v Speaker 2>a reputational cost to lying or bad behavior, right, but

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<v Speaker 2>it varies lot by society. I was with my partner

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<v Speaker 2>and a friend in Korea for New Year's We were

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<v Speaker 2>like shopping one day in some very busy area, and

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<v Speaker 2>the shopkeeper at this very nice, busy shop went to

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<v Speaker 2>get lunch, right, and he just kind of leaves, he

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<v Speaker 2>leaves a door open. He's like, I'll be back in

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<v Speaker 2>ten minutes. I'm grabbing some lunch, right, And like you

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<v Speaker 2>could totally shoplift like whatever you want it because it's

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<v Speaker 2>such a high trust society there that like there might

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<v Speaker 2>be CCTV or whatever else. But like you take Marian,

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<v Speaker 2>I'm not a I stole. I will say I.

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<v Speaker 1>Stole Confessions of Risky Business.

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<v Speaker 2>I stole taco Bell from the University of Chicago cafeteria

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<v Speaker 2>one time, right. But the reason was because like the

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<v Speaker 2>line to check out, It's like it was like they

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<v Speaker 2>had like a pizza hut and a taco Bell and

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<v Speaker 2>some other shitty era Mark concessions, right, and it was

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<v Speaker 2>like a fifteen minute line to check out. I'm like,

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<v Speaker 2>I'm you know, it's worth running the risk of getting

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<v Speaker 2>caught dealing tacos if you have to wait fifteen minutes

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<v Speaker 2>to check out.

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<v Speaker 1>All right, University of Chicago. Next time they bought, they

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<v Speaker 1>caught you. Yeah, so what happened? What were the repercussions hearing?

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<v Speaker 2>And I don't know. It was the first offense, so

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<v Speaker 2>they let me off, basically, but I'm.

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<v Speaker 1>So glad they let you graduate. And you know, we

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<v Speaker 1>wouldn't be sitting here otherwise. But but yeah, so so

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<v Speaker 1>to go back to your kind of original question, I

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<v Speaker 1>don't really you know, I don't think that I'm particularly

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<v Speaker 1>good at lying in real life because I really don't.

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<v Speaker 1>Now I tell white lies, and I think we all

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<v Speaker 1>tell white lies, which is one reason another reason why

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<v Speaker 1>we're so bad at spotting deception. Can you imagine what

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<v Speaker 1>would happen if you were able to tell every single

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<v Speaker 1>time someone said a white lie to you, Like, just

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<v Speaker 1>just think about it, right, Like it's so good to

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<v Speaker 1>see you.

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<v Speaker 2>Yeah, yeah, well I love it. I love that you

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<v Speaker 2>look great, but like, like, look.

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<v Speaker 1>You know, if you have loved that baseball cafe.

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<v Speaker 2>Yea, thank you, marry that. If you have a friend

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<v Speaker 2>who cancels plans because they're sick. Maybe they're actually sick, right, Yeah,

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<v Speaker 2>maybe they're having a really bad day, right, Maybe the

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<v Speaker 2>fling of their life unexpectedly came into town. Right, maybe

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<v Speaker 2>who knows, right, But like you don't need to be

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<v Speaker 2>brutally honest, Like I'm not a big believer in like

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<v Speaker 2>I think people are like, oh, radical transparency about everything.

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<v Speaker 2>It's like you don't understand like the subtlety and like

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<v Speaker 2>the density of like human communication. Actually, one thing I

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<v Speaker 2>think you learned from AI models arts language models is

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<v Speaker 2>like how laden with density, like word choices are and

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<v Speaker 2>terns of phrase are and the particular analogy or allegory

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<v Speaker 2>that you might use, right, Because you're often trying to

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<v Speaker 2>communicate with like multiple people at once. Right, You're trying

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<v Speaker 2>to say one you're dog whistling to some group of people,

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<v Speaker 2>and you're saying you coming different things to different people.

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<v Speaker 2>It's often kind of less subtle than people think if

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<v Speaker 2>you consider like political communication example, But like language is

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<v Speaker 2>a very rich medium and a very like strategic medium.

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<v Speaker 1>Yeah, absolutely, And when you're communicating, And this is something

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<v Speaker 1>that you really learn in poker, is that language is

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<v Speaker 1>nonverbal too, right, when you kind of go from the

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<v Speaker 1>real life arena to kind of the arena something like games.

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<v Speaker 1>I used to be absolutely horrible at bluffing as well,

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<v Speaker 1>because I'm so uncomfortable lying right, and I felt really

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<v Speaker 1>and I felt really anxious and nervous when when I bluffed,

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<v Speaker 1>and if I got caught bluffing, I was like, oh, no, right,

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<v Speaker 1>I got cop bluffing. Where of course, the kind of

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<v Speaker 1>the common wisdom is that if you're never caught bluffing,

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<v Speaker 1>you're not bluffing enough. Right. It's part of the game.

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<v Speaker 1>You're you're supposed to be cop bluffing. Sometimes you're supposed

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<v Speaker 1>to bluff a lot. And what ended up actually helping

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<v Speaker 1>me and getting me kind of over the hump to

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<v Speaker 1>where I could start bluffing more successfully is when I

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<v Speaker 1>stopped thinking of it as deception and started thinking of

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<v Speaker 1>it as, oh, like, I understand the game better now,

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<v Speaker 1>and this is actually the correct move for me to make, right,

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<v Speaker 1>It is one of my strategic choices, and in this

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<v Speaker 1>particular moment, this is the proper strategy. And so it

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<v Speaker 1>you know, you were talking before about how you tell

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<v Speaker 1>the truth in real life, because it's just you're lazy, Well,

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<v Speaker 1>deception does create cognitive load, So it creates a lot

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<v Speaker 1>of kind of tension and extra overhead kind of inside

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<v Speaker 1>your brain. And because you have to kind of try

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<v Speaker 1>to think, does my story make sense? Right? Am I

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<v Speaker 1>being consistent? Is it logical? And you have to try

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<v Speaker 1>to think, oh, am I giving off anything? Right? Can

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<v Speaker 1>people tell? Like there's there's just a lot that starts happening.

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<v Speaker 1>So if you stop thinking of it as you know,

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<v Speaker 1>as a lie, you can actually reduce the cognitive load

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<v Speaker 1>and just say, Okay, this is how I should be

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<v Speaker 1>playing right.

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<v Speaker 2>Now, I'm like sometimes more comfortable bluffing than I am

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<v Speaker 2>with a strong man, right, which is a little Karen intuitive.

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<v Speaker 2>It might give you some reverse to but like the

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<v Speaker 2>way I look at it, Maria, is when I bet,

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<v Speaker 2>I'm saying I have a range of hands, right, I'm saying, Look,

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<v Speaker 2>I'm betting I might have some good hands. I might

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<v Speaker 2>have some bad hands. I don't want you to know

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<v Speaker 2>either way, right, I want to keep you guessing either way.

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<v Speaker 2>That's an honest statement of like my range of hands.

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<v Speaker 1>So the reason I have I have my phone up

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<v Speaker 1>here for several reasons, but one of them is because

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<v Speaker 1>so we just got back from the NAPT and I

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<v Speaker 1>love that Natel said he feels more comfortable bluffing than

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<v Speaker 1>he does telling the truth. Because I got a message.

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<v Speaker 1>Oh yeah. So I have a substack called the Leap,

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<v Speaker 1>and one of my paid subscribers was at NAPT playing

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<v Speaker 1>and he played with Nate, and so I come home

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<v Speaker 1>to this message from him. You know, hi, Maria, it

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<v Speaker 1>was a nice meeting. Again. I had a great time

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<v Speaker 1>this trip despite not cashing. Please tell Nate that he

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<v Speaker 1>still bluffs too much. Oh no, So then I go,

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<v Speaker 1>I go, ha ha ha. I'll make sure to tell him.

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<v Speaker 1>And then he continues, and he says, I only saw

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<v Speaker 1>one big bluff that was caught by a pair on

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<v Speaker 1>a missed flush draw board. But from his past interviews

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<v Speaker 1>I learned about his high bluff frequency, which someone else

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<v Speaker 1>may have used at the table. I'm sure Nate's a

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<v Speaker 1>better player than man. Doesn't need my advice, but I'm

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<v Speaker 1>giving it to you anyway. So do you remember this hand.

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<v Speaker 1>Apparently some you know, someone noticed that you were bluffing

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<v Speaker 1>too much, Nate. How did you do in that tournament?

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<v Speaker 2>Nate, Maria, So I write, So we're doing a little

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<v Speaker 2>thing with with Sam Greenwood runs a blog called pen

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<v Speaker 2>of the Day. So I wrote down for this whole

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<v Speaker 2>week of poker all my questionably played in hands. There

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<v Speaker 2>were quite a few, if we're being honest, right, but

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<v Speaker 2>like probably the three hands that I believe were the

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<v Speaker 2>worst plays or hands where I didn't bluff where I

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<v Speaker 2>should have. Right, it's like counterintuitive how often you actually

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<v Speaker 2>are supposed to bluff? Yeah, in poker, because it does

0:12:06.844 --> 0:12:11.124
<v Speaker 2>feel like really bad when you bluffing at caught. It

0:12:11.164 --> 0:12:12.684
<v Speaker 2>doesn't feel that bad when you have you have a

0:12:12.684 --> 0:12:15.164
<v Speaker 2>big value hand, When you have like a full house

0:12:15.284 --> 0:12:18.324
<v Speaker 2>or a flush or a straight and you bet and

0:12:18.324 --> 0:12:20.604
<v Speaker 2>you don't get called, right, then it's like, oh, okay,

0:12:20.604 --> 0:12:22.444
<v Speaker 2>well you know you didn't have anything you didn't pay off.

0:12:22.764 --> 0:12:24.524
<v Speaker 2>But if you don't bluff enough then you won't get

0:12:24.524 --> 0:12:26.404
<v Speaker 2>paid off as much. And so no, I think I

0:12:26.404 --> 0:12:29.804
<v Speaker 2>probably still I think I'm like, I bluff more than

0:12:29.804 --> 0:12:34.084
<v Speaker 2>the stereotyped version of Nate you have might assume, But

0:12:34.084 --> 0:12:38.964
<v Speaker 2>I probably still under bluff relative to game theory or

0:12:39.004 --> 0:12:41.364
<v Speaker 2>how often in practice it could probably could probably get

0:12:41.364 --> 0:12:41.844
<v Speaker 2>away with it.

0:12:42.244 --> 0:12:45.284
<v Speaker 1>Did you have any bluffs that you're very proud of?

0:12:45.284 --> 0:12:48.164
<v Speaker 1>Because I actually so this was a very good series

0:12:48.204 --> 0:12:50.844
<v Speaker 1>for me, and I had one bluff in particular that

0:12:50.924 --> 0:12:54.084
<v Speaker 1>I'm very proud of that actually enabled me to do

0:12:54.404 --> 0:12:56.604
<v Speaker 1>really well in the tournament that I did really well in.

0:12:56.764 --> 0:12:58.604
<v Speaker 2>So some bluffs I like are where you make like

0:12:58.684 --> 0:13:02.524
<v Speaker 2>so empirically certain lines are underutilized. Right, So one bluff

0:13:02.564 --> 0:13:04.604
<v Speaker 2>I like is like often when people make like a

0:13:04.724 --> 0:13:09.044
<v Speaker 2>small bet, then the representing like a you know, oactch

0:13:09.084 --> 0:13:11.044
<v Speaker 2>have a me yocre ham, it's better than your hand, right,

0:13:11.244 --> 0:13:14.404
<v Speaker 2>I have top pair with a bad kicker or a

0:13:14.444 --> 0:13:16.964
<v Speaker 2>bad flesh or second pair, and you probably don't have

0:13:17.004 --> 0:13:18.564
<v Speaker 2>top pair given the way the hand was played out,

0:13:18.604 --> 0:13:19.244
<v Speaker 2>and then make like.

0:13:19.644 --> 0:13:22.044
<v Speaker 1>Small people who don't play poker. These are all like

0:13:22.164 --> 0:13:23.284
<v Speaker 1>second best hands.

0:13:23.604 --> 0:13:25.484
<v Speaker 2>So the second where like I think my hand is

0:13:25.484 --> 0:13:29.084
<v Speaker 2>just like slightly better than you are. I love making small,

0:13:29.804 --> 0:13:33.484
<v Speaker 2>yep bluffs that are very cheap with hands I can

0:13:33.564 --> 0:13:36.284
<v Speaker 2>represent like second best hands trying to get a little value,

0:13:36.764 --> 0:13:38.204
<v Speaker 2>and they're very cheap, you know what I mean. I

0:13:38.204 --> 0:13:41.364
<v Speaker 2>made a bluff in a limit game, which is hard

0:13:41.404 --> 0:13:44.564
<v Speaker 2>to do. I was playing like some seven card stood

0:13:44.604 --> 0:13:47.084
<v Speaker 2>eight or better, right, and like I had a great draw.

0:13:47.724 --> 0:13:49.964
<v Speaker 4>I could get a low or high or whatever.

0:13:50.044 --> 0:13:53.084
<v Speaker 2>And I and I missed everything right, and the guy

0:13:53.164 --> 0:13:55.604
<v Speaker 2>bet and I'm I raise just like just raising, like

0:13:55.644 --> 0:13:57.564
<v Speaker 2>he's getting like fifteen to one, right, he has to

0:13:57.644 --> 0:14:00.564
<v Speaker 2>be right one out of fifteen times for his bluff

0:14:00.564 --> 0:14:01.684
<v Speaker 2>to right, and he folds the whole pot.

0:14:01.764 --> 0:14:01.844
<v Speaker 1>Right.

0:14:01.884 --> 0:14:04.604
<v Speaker 2>I scooped the pot with a bluff, So that felt good, Maria.

0:14:04.484 --> 0:14:07.124
<v Speaker 1>Yeah, those are those are actually very smart bluffs when

0:14:07.204 --> 0:14:09.484
<v Speaker 1>you when you just bluff a little bit because it

0:14:09.484 --> 0:14:12.204
<v Speaker 1>seems like you want people to call you right. My

0:14:12.284 --> 0:14:16.444
<v Speaker 1>bluff that ended up working, though, was the very opposite.

0:14:16.564 --> 0:14:19.964
<v Speaker 1>I was out of position, so I was in the

0:14:20.004 --> 0:14:22.684
<v Speaker 1>big blind. So for people who don't play poker, being

0:14:22.724 --> 0:14:25.164
<v Speaker 1>out of position is not good, right, because you always

0:14:25.164 --> 0:14:28.724
<v Speaker 1>act first and the person you're playing with act second

0:14:29.164 --> 0:14:32.644
<v Speaker 1>and in everything. But also like when you're talking about

0:14:32.844 --> 0:14:35.924
<v Speaker 1>tells and reading people, you want more information, right, The

0:14:35.924 --> 0:14:39.404
<v Speaker 1>more information the better, and so getting to go second

0:14:39.524 --> 0:14:43.124
<v Speaker 1>is a huge advantage. And so I was out of

0:14:43.164 --> 0:14:46.604
<v Speaker 1>position against a player who's a very good player this

0:14:46.644 --> 0:14:52.124
<v Speaker 1>whole hand, and I had jack ten, you know, really

0:14:52.204 --> 0:14:54.924
<v Speaker 1>nice hand was suited. You know, I had a straight

0:14:55.004 --> 0:15:01.524
<v Speaker 1>draw and I just then ended up having a flush draw. Anyway,

0:15:01.564 --> 0:15:04.884
<v Speaker 1>I bricked everything but there were two different flush draws

0:15:04.884 --> 0:15:08.564
<v Speaker 1>on the board, and he bet, he raised, you know,

0:15:08.604 --> 0:15:11.564
<v Speaker 1>pre flop, he bet flop, he bet turned and then

0:15:11.684 --> 0:15:14.724
<v Speaker 1>the river comes, it completes the wrong flush, not mine,

0:15:15.764 --> 0:15:19.564
<v Speaker 1>and I have nothing and the pot is huge, and

0:15:19.684 --> 0:15:23.644
<v Speaker 1>I did something very unorthodox, and I just shoved before

0:15:23.684 --> 0:15:25.404
<v Speaker 1>he had a chance to act, so I took the

0:15:25.444 --> 0:15:28.764
<v Speaker 1>momentum from him, and he ended up folding. It was

0:15:28.884 --> 0:15:31.004
<v Speaker 1>very funny because this is a spot that people don't

0:15:31.044 --> 0:15:35.164
<v Speaker 1>bluff very often, right when the board changes so much,

0:15:35.204 --> 0:15:38.684
<v Speaker 1>because it's kind of suicidal to run that bluff. But

0:15:38.724 --> 0:15:42.644
<v Speaker 1>my suicidal bluff worked, and it felt really good because

0:15:42.684 --> 0:15:44.644
<v Speaker 1>I think that past me would not have been able

0:15:44.684 --> 0:15:47.404
<v Speaker 1>to do something like that, because once again, bluffing and

0:15:47.484 --> 0:15:51.684
<v Speaker 1>lying are two very different things. And this is also

0:15:51.764 --> 0:15:56.084
<v Speaker 1>where nonverbal tells come into play a little bit, because,

0:15:56.924 --> 0:16:00.644
<v Speaker 1>you know, something about his behavior made me think that

0:16:00.804 --> 0:16:04.364
<v Speaker 1>he had been trying to bully me out of the

0:16:04.444 --> 0:16:07.964
<v Speaker 1>hand for a long time, and so I was using

0:16:08.004 --> 0:16:11.604
<v Speaker 1>that as well to kind of inform my kind of

0:16:11.884 --> 0:16:15.004
<v Speaker 1>my thinking that maybe his hand was not so strong

0:16:15.084 --> 0:16:16.284
<v Speaker 1>that he'd feel compelled to call.

0:16:16.564 --> 0:16:19.484
<v Speaker 2>Yeah, I'm a big believer in nonverbal tells and kind

0:16:19.524 --> 0:16:23.164
<v Speaker 2>of it often. I mean there are sometimes specific things

0:16:23.604 --> 0:16:25.204
<v Speaker 2>I'm not sure when you have way too many secrets,

0:16:25.204 --> 0:16:27.684
<v Speaker 2>but it's more often kind of like an overall vibe.

0:16:27.764 --> 0:16:31.884
<v Speaker 2>I've Maria, I've kind of become a you can play

0:16:31.924 --> 0:16:33.124
<v Speaker 2>with me, like at the same table in a while,

0:16:33.164 --> 0:16:34.644
<v Speaker 2>become like a little bit more of a speech play

0:16:34.724 --> 0:16:38.164
<v Speaker 2>guy where I'll like, I'll like talk to people, especially Europeans.

0:16:38.204 --> 0:16:40.804
<v Speaker 2>The Europeans play poker are like they're very quiet, right,

0:16:40.884 --> 0:16:43.604
<v Speaker 2>I'm like, where are you from? You know which part

0:16:43.604 --> 0:16:45.324
<v Speaker 2>of Belli? They're usually from Belgium? Like which part of

0:16:45.364 --> 0:16:47.564
<v Speaker 2>Belgium are you from? Just kind of see if people

0:16:47.604 --> 0:16:51.364
<v Speaker 2>are comfortable or not, and like, you know, it's kind

0:16:51.404 --> 0:16:53.004
<v Speaker 2>of if you're if you're considering, Like let's say it's

0:16:53.004 --> 0:16:56.084
<v Speaker 2>a spot where like a player bets big on the river,

0:16:56.364 --> 0:16:58.444
<v Speaker 2>he might be bluffing. I'm not planning on rebraising either

0:16:58.444 --> 0:17:01.164
<v Speaker 2>because I'm all in any way, or or I'm not

0:17:01.164 --> 0:17:03.444
<v Speaker 2>going to raise right, and like you kind of get

0:17:03.444 --> 0:17:06.964
<v Speaker 2>free info just by talking to people. But it's an

0:17:06.964 --> 0:17:09.284
<v Speaker 2>overall kind of aura or vibe and like it's not

0:17:09.444 --> 0:17:13.444
<v Speaker 2>something mysterious, just like we are. We have like human interactions, right,

0:17:13.444 --> 0:17:17.084
<v Speaker 2>Like in real life, you hopefully have intuition for when

0:17:17.084 --> 0:17:21.004
<v Speaker 2>you're being deceived. For example, one is like when someone's

0:17:21.044 --> 0:17:23.444
<v Speaker 2>not telling the full story, and like, yeah, and poker,

0:17:23.644 --> 0:17:26.924
<v Speaker 2>you just kind of developed like this implicit database of

0:17:27.044 --> 0:17:31.524
<v Speaker 2>like semantics and signals, and you'd be like foolish, like

0:17:31.564 --> 0:17:33.364
<v Speaker 2>not to account for that. I don't think.

0:17:33.804 --> 0:17:36.284
<v Speaker 1>Yeah, I always like to talk to people, and I

0:17:36.324 --> 0:17:40.124
<v Speaker 1>think the reason that it works. I don't do it

0:17:40.164 --> 0:17:44.004
<v Speaker 1>for tells, but I do it, you know, because it

0:17:44.044 --> 0:17:47.364
<v Speaker 1>actually does help me later on. And this is the

0:17:47.444 --> 0:17:50.924
<v Speaker 1>journalist in me, right, Like I'm genuinely curious to find

0:17:50.964 --> 0:17:54.004
<v Speaker 1>out why people are there, what are they doing, what

0:17:54.044 --> 0:17:57.164
<v Speaker 1>are their motivations? You know, why are you playing this event?

0:17:57.284 --> 0:17:59.924
<v Speaker 1>Did you come? You know? Are you a professional? Are

0:17:59.924 --> 0:18:03.084
<v Speaker 1>you here because your wife gave you a present? Because

0:18:03.124 --> 0:18:05.684
<v Speaker 1>you've wanted to play this event forever? All of this

0:18:05.764 --> 0:18:09.084
<v Speaker 1>is information, right, All of this tells you something about

0:18:09.164 --> 0:18:12.684
<v Speaker 1>people and something that poker has really made me good at,

0:18:12.724 --> 0:18:14.604
<v Speaker 1>which you know, it's funny because you think of it

0:18:14.604 --> 0:18:17.644
<v Speaker 1>as kind of this cutthroat game, but it's actually made

0:18:17.644 --> 0:18:20.364
<v Speaker 1>me a much better listener, right, It's made me someone

0:18:20.404 --> 0:18:24.444
<v Speaker 1>who's much more attuned to the signals that other people

0:18:24.484 --> 0:18:28.404
<v Speaker 1>give out because I mean at the poker table, it

0:18:28.444 --> 0:18:32.044
<v Speaker 1>can help me take your money, but it also like

0:18:32.644 --> 0:18:36.244
<v Speaker 1>it's rewarded. Right, When you truly listen to other people,

0:18:36.964 --> 0:18:43.604
<v Speaker 1>you are able to understand where they're coming from, take

0:18:43.764 --> 0:18:47.484
<v Speaker 1>their perspective, which humans are really bad at doing. Right. Normally,

0:18:47.564 --> 0:18:50.044
<v Speaker 1>when we think we're taking someone else's perspective, what we're

0:18:50.044 --> 0:18:52.524
<v Speaker 1>doing is taking our perspective and lumping it onto the

0:18:52.564 --> 0:18:56.164
<v Speaker 1>other person. And we're like, oh, I know exactly what

0:18:56.204 --> 0:18:57.844
<v Speaker 1>you're thinking. It's what I would be thinking if I

0:18:57.884 --> 0:19:00.964
<v Speaker 1>were in your shoes, And that's usually completely wrong. Right,

0:19:01.044 --> 0:19:04.684
<v Speaker 1>we're so ego centric and to be able to kind

0:19:04.724 --> 0:19:08.524
<v Speaker 1>of actually take a step back and figure out, wait, no,

0:19:09.124 --> 0:19:11.604
<v Speaker 1>this is what they would be thinking because they've told

0:19:11.644 --> 0:19:16.124
<v Speaker 1>me more about themselves. It helps you strategically, but then

0:19:16.164 --> 0:19:18.764
<v Speaker 1>it helps you in real life just be a better person.

0:19:18.804 --> 0:19:18.844
<v Speaker 3>No.

0:19:18.924 --> 0:19:21.084
<v Speaker 2>One of the best pieces of poker advice I've listened

0:19:21.084 --> 0:19:24.044
<v Speaker 2>to you recently. I think he's from Hungry Horse Poker.

0:19:24.564 --> 0:19:26.804
<v Speaker 2>I think his name is Mark Goon, a good YouTuber. Right,

0:19:27.484 --> 0:19:30.284
<v Speaker 2>he's like, remember thinking about the poker world from the

0:19:30.364 --> 0:19:34.404
<v Speaker 2>opponent's point of view, right, like putting yourself in the

0:19:34.404 --> 0:19:37.644
<v Speaker 2>other player's shoes and like what's bothering them? Yeah, especially

0:19:37.804 --> 0:19:41.164
<v Speaker 2>for for amateur players, right, one thing you see all

0:19:41.164 --> 0:19:43.124
<v Speaker 2>the time and like big events like the main event

0:19:43.204 --> 0:19:44.764
<v Speaker 2>or other big events. The World Sairs of Poker is

0:19:44.804 --> 0:19:47.324
<v Speaker 2>like some guy comes in. He won his kind of

0:19:47.364 --> 0:19:50.404
<v Speaker 2>like local home game tournament. His friends bought him in

0:19:50.444 --> 0:19:52.484
<v Speaker 2>for tank the World Series of Poker. It's some prize

0:19:52.484 --> 0:19:54.484
<v Speaker 2>from some series they have, right, And you can like

0:19:54.564 --> 0:19:57.324
<v Speaker 2>kind of pinpoint the moment where something like I want

0:19:57.364 --> 0:19:59.324
<v Speaker 2>to play tight, gonna play solid, Right, you can like

0:19:59.364 --> 0:20:02.164
<v Speaker 2>pinpoint the moment when they kind of were like, shit,

0:20:02.244 --> 0:20:04.604
<v Speaker 2>this isn't working, right, they panic a little bit. Some

0:20:04.644 --> 0:20:08.004
<v Speaker 2>of these are more obvious. So I played a cash

0:20:08.044 --> 0:20:10.524
<v Speaker 2>game at the BLA show last night. I'm my way

0:20:10.564 --> 0:20:11.084
<v Speaker 2>out of town.

0:20:11.644 --> 0:20:13.204
<v Speaker 1>This is true dgen behavior.

0:20:13.244 --> 0:20:18.724
<v Speaker 2>Guys would write football. There was a guy and now

0:20:18.724 --> 0:20:21.124
<v Speaker 2>we get into gendered stereotypes. Right, there was a guy

0:20:21.164 --> 0:20:25.884
<v Speaker 2>who had his like his girlfriend sitting directly behind him

0:20:26.444 --> 0:20:29.724
<v Speaker 2>making faces about every hand. I'm like, this guy probably

0:20:29.804 --> 0:20:33.604
<v Speaker 2>is not bluffing old punch right when like when it

0:20:33.684 --> 0:20:35.444
<v Speaker 2>was like his girlfriend's they are like approving it is

0:20:35.484 --> 0:20:38.084
<v Speaker 2>from them. Is like play in every hair like i'd be.

0:20:38.284 --> 0:20:40.884
<v Speaker 2>You know, he's not bluffing like ever, right, don't think so, Nate.

0:20:40.884 --> 0:20:46.164
<v Speaker 1>The funny thing is it turns out that we humans

0:20:46.364 --> 0:20:50.604
<v Speaker 1>are remarkably good at controlling our faces. Right, We are

0:20:50.804 --> 0:20:54.004
<v Speaker 1>really good at poker faces. If you want to look

0:20:54.044 --> 0:20:57.484
<v Speaker 1>at nonverbal behavior, if you want to look at tells,

0:20:57.564 --> 0:21:00.804
<v Speaker 1>if you want to figure out is this person bluffing

0:21:00.804 --> 0:21:03.924
<v Speaker 1>in the case of poker or lying deceiving me in

0:21:04.004 --> 0:21:07.884
<v Speaker 1>the case of day to day interactions, looking at their

0:21:07.924 --> 0:21:09.364
<v Speaker 1>face is the wrong place to look.

0:21:09.404 --> 0:21:09.604
<v Speaker 3>Look.

0:21:09.924 --> 0:21:13.724
<v Speaker 1>There are lots of studies that show that basically our

0:21:13.764 --> 0:21:17.724
<v Speaker 1>faces give almost nothing away because we're so incredibly used

0:21:17.764 --> 0:21:20.364
<v Speaker 1>to controlling them. Right, that's the one thing you're always

0:21:20.444 --> 0:21:24.124
<v Speaker 1>thinking about, Like poker face, right am, I giving anything away?

0:21:24.564 --> 0:21:27.684
<v Speaker 1>That's something that most people are actually really, really good at.

0:21:27.964 --> 0:21:30.044
<v Speaker 1>But what you're not used to controlling is the rest

0:21:30.084 --> 0:21:33.124
<v Speaker 1>of your body. Right. You don't realize that you're leaking

0:21:33.164 --> 0:21:37.644
<v Speaker 1>information through your posture, through your hands, through your feet,

0:21:37.964 --> 0:21:41.044
<v Speaker 1>through all of these other things. That's where people should

0:21:41.044 --> 0:21:41.484
<v Speaker 1>be staring.

0:21:41.564 --> 0:21:43.244
<v Speaker 2>No, it's it's the hands.

0:21:43.484 --> 0:21:45.724
<v Speaker 1>It's the hands. Yes, anyone who's read the biggest bluff,

0:21:45.724 --> 0:21:47.404
<v Speaker 1>I have a whole chapter about the hands.

0:21:47.764 --> 0:21:49.404
<v Speaker 2>It's the pulse. Often. I mean, I find a guy

0:21:49.524 --> 0:21:51.484
<v Speaker 2>in the main event that the World series where like

0:21:51.484 --> 0:21:53.764
<v Speaker 2>like literally had like a real time heart rate monitor

0:21:54.204 --> 0:21:56.124
<v Speaker 2>hook up to him, where like he just had this

0:21:56.164 --> 0:21:58.524
<v Speaker 2>thing where like his heart was beating his neck. If

0:21:58.524 --> 0:22:00.444
<v Speaker 2>you have that happen, it can happen to people temporarily

0:22:00.484 --> 0:22:03.284
<v Speaker 2>or permanently. We're like we're a skyrif wear like a

0:22:03.324 --> 0:22:07.204
<v Speaker 2>sweatshirt or something. Right, But like it was very correlated,

0:22:07.564 --> 0:22:09.924
<v Speaker 2>Like I knew because he made it. We just you know, look,

0:22:10.044 --> 0:22:12.644
<v Speaker 2>you pick up a whole vocabulary just based on having

0:22:12.644 --> 0:22:14.644
<v Speaker 2>a lot of reps doing these things. Right, he was

0:22:14.684 --> 0:22:18.124
<v Speaker 2>already making mannerisms that I associate with having like a

0:22:18.244 --> 0:22:20.764
<v Speaker 2>very strong hand. In this case, he had aces and

0:22:20.844 --> 0:22:23.324
<v Speaker 2>you saw his heartbeat and saw, Okay, here's a guy

0:22:23.644 --> 0:22:27.244
<v Speaker 2>where his heartbeat beats faster when he has his strong hand, right,

0:22:27.604 --> 0:22:29.804
<v Speaker 2>which is not true for everybody. Some people are the opposite.

0:22:30.204 --> 0:22:31.684
<v Speaker 2>And so like now, like I basically know is like

0:22:31.724 --> 0:22:34.164
<v Speaker 2>hand strength for the rest of the day, Like that's

0:22:34.204 --> 0:22:37.444
<v Speaker 2>a huge advantage that explicit is rare, but like, yeah,

0:22:37.524 --> 0:22:42.084
<v Speaker 2>it's often kind of like also watching people before you

0:22:42.084 --> 0:22:44.644
<v Speaker 2>get into big moments in the hand, right, because once

0:22:44.644 --> 0:22:47.524
<v Speaker 2>they're locked in, then they're self conscious. Like what you're

0:22:47.524 --> 0:22:50.004
<v Speaker 2>trying to figure out too, is like, okay, somebody makes

0:22:50.044 --> 0:22:54.484
<v Speaker 2>an action. Was that conscious? Was it unconscious? If it

0:22:54.564 --> 0:22:57.244
<v Speaker 2>was unconscious to them, become aware. Oh I took a

0:22:57.284 --> 0:23:00.084
<v Speaker 2>little bit a while to make that call. That might

0:23:00.164 --> 0:23:03.044
<v Speaker 2>look weak or it might look strong, depending on context.

0:23:03.124 --> 0:23:05.364
<v Speaker 2>It's all. It's like regular language, right, it's all. It's

0:23:05.364 --> 0:23:07.644
<v Speaker 2>all very contextual. They said that might be strong and

0:23:07.724 --> 0:23:09.804
<v Speaker 2>one context might be weak. In other context. You're trying

0:23:09.804 --> 0:23:11.444
<v Speaker 2>to like paint a semantic portrait.

0:23:17.324 --> 0:23:29.044
<v Speaker 1>We'll be back right after this. So there's kind of

0:23:29.244 --> 0:23:33.164
<v Speaker 1>three bigger picture psych things here that I want to

0:23:33.244 --> 0:23:36.044
<v Speaker 1>kind of draw out. So first, the reason that Nate

0:23:36.124 --> 0:23:38.604
<v Speaker 1>was able to use some of this information is because

0:23:38.644 --> 0:23:42.484
<v Speaker 1>he had immediate feedback, which we normally don't have in life. Right,

0:23:42.924 --> 0:23:45.804
<v Speaker 1>He saw that pulse and then he saw that there

0:23:45.884 --> 0:23:48.844
<v Speaker 1>was a strong hand associated with it, and so he

0:23:49.004 --> 0:23:52.804
<v Speaker 1>had that. You know, this means that now imagine that

0:23:53.084 --> 0:23:55.284
<v Speaker 1>you didn't get to see the cards, you would have

0:23:55.524 --> 0:23:57.604
<v Speaker 1>no way of knowing if this was a signal of

0:23:57.644 --> 0:24:02.844
<v Speaker 1>strength or weakness, and the exact same thing might actually

0:24:02.884 --> 0:24:07.844
<v Speaker 1>signal very different outcomes, very different. You know, I'm being

0:24:07.924 --> 0:24:10.844
<v Speaker 1>lied to or this person and you know is telling

0:24:10.884 --> 0:24:15.884
<v Speaker 1>the truth, depending which kind of goes to point number two,

0:24:16.284 --> 0:24:19.484
<v Speaker 1>which is why it's so incredibly difficult to spot deception

0:24:19.644 --> 0:24:22.564
<v Speaker 1>in real life. Why, by the way, LIGHTE detector tests

0:24:22.564 --> 0:24:27.284
<v Speaker 1>are absolute bullshit, all of them. There's no good CIA FBI,

0:24:27.404 --> 0:24:30.524
<v Speaker 1>Like nobody has a good and actually accurate LE detector

0:24:30.604 --> 0:24:34.684
<v Speaker 1>because well, first of all, you can fake them. But secondly,

0:24:35.084 --> 0:24:38.964
<v Speaker 1>like you can tell if someone's stressed or nervous, right,

0:24:39.204 --> 0:24:42.004
<v Speaker 1>or if there's you know, something going on, if there's

0:24:42.044 --> 0:24:47.684
<v Speaker 1>cognitive load, but you have no access to why, right,

0:24:48.004 --> 0:24:51.684
<v Speaker 1>What is the why behind that? Am I stressed because

0:24:51.724 --> 0:24:55.164
<v Speaker 1>I'm lying? Or am I stressed because I'm telling the

0:24:55.244 --> 0:24:59.284
<v Speaker 1>truth and I'm afraid that you're not going to believe me? Right?

0:24:59.804 --> 0:25:03.564
<v Speaker 1>Or am I stressed because like I haven't gotten enough

0:25:03.644 --> 0:25:05.084
<v Speaker 1>sleep and this is a really.

0:25:04.884 --> 0:25:10.044
<v Speaker 2>Stressful situation if I am angry? Yeah? Or what were you? Exactly? Yeah?

0:25:10.364 --> 0:25:10.844
<v Speaker 1>Exactly?

0:25:10.964 --> 0:25:13.764
<v Speaker 2>Like I was like, so you're something, you bet you'll

0:25:13.764 --> 0:25:15.484
<v Speaker 2>put out whatever I'm betting seventy bucks, I put up

0:25:15.764 --> 0:25:17.604
<v Speaker 2>seven ten dollars chips or a fifty dollars chip, But

0:25:17.644 --> 0:25:20.724
<v Speaker 2>like if I'm like hungry and I have eaten, then

0:25:20.764 --> 0:25:24.164
<v Speaker 2>you can get like shaky hands, you like absolutely seventy bucks,

0:25:24.204 --> 0:25:26.644
<v Speaker 2>right y, because you don't want to like although honestly,

0:25:27.324 --> 0:25:29.764
<v Speaker 2>you know you can have reverse tels. Maybe you're a

0:25:29.804 --> 0:25:32.124
<v Speaker 2>little hungry and you know, and you like so you

0:25:32.244 --> 0:25:34.044
<v Speaker 2>kind of have some tremble. I mean they're like, I

0:25:34.084 --> 0:25:36.764
<v Speaker 2>do I do things. I don't have a little stitching

0:25:36.884 --> 0:25:38.484
<v Speaker 2>as a person. I'll do I do a little things

0:25:38.524 --> 0:25:40.204
<v Speaker 2>to mix it up. You know, I'm trying to be

0:25:40.284 --> 0:25:42.924
<v Speaker 2>unreadable and like because I'm like not like inherently a

0:25:43.004 --> 0:25:45.804
<v Speaker 2>very like still person, then maybe I tried to vary

0:25:45.804 --> 0:25:46.364
<v Speaker 2>things a little bit.

0:25:46.484 --> 0:25:48.924
<v Speaker 1>Yeah, so that's so yeah. Number two like you really

0:25:48.924 --> 0:25:52.324
<v Speaker 1>don't know. Number three is something that you alluded to,

0:25:52.444 --> 0:25:54.884
<v Speaker 1>which is I think really really important when you're trying

0:25:54.924 --> 0:25:57.924
<v Speaker 1>to figure out, you know, how do I read this person,

0:25:58.604 --> 0:26:01.084
<v Speaker 1>whether it's at the poker table or not. And that's

0:26:01.884 --> 0:26:04.604
<v Speaker 1>you need a baseline of behavior to be able to

0:26:04.644 --> 0:26:07.844
<v Speaker 1>compare it to right. You need to know what this

0:26:07.924 --> 0:26:13.724
<v Speaker 1>person normally behaves like, which requires a ton of data

0:26:13.844 --> 0:26:16.644
<v Speaker 1>that frankly, you often don't have, right, which is why

0:26:16.724 --> 0:26:19.004
<v Speaker 1>I caution people a lot of the time not to

0:26:19.644 --> 0:26:22.764
<v Speaker 1>put too much stock in tells, whether it's at the

0:26:22.804 --> 0:26:25.764
<v Speaker 1>poker table or in a conversation where like, oh, I

0:26:25.764 --> 0:26:28.764
<v Speaker 1>think that guy's lying to me, right, do you know, like,

0:26:29.364 --> 0:26:32.724
<v Speaker 1>do you have a good baseline? Have you observed this

0:26:32.804 --> 0:26:38.084
<v Speaker 1>person in enough situations, in enough interactions where you know

0:26:38.124 --> 0:26:41.364
<v Speaker 1>what normal looks like so that you can tell what

0:26:41.484 --> 0:26:46.364
<v Speaker 1>deviation from normal looks like, and then do you have

0:26:46.604 --> 0:26:49.484
<v Speaker 1>feedback to know what that deviation means. So there's so

0:26:49.644 --> 0:26:53.964
<v Speaker 1>many steps that need to actually happen for you to

0:26:54.004 --> 0:26:56.404
<v Speaker 1>be able to make an actual read, which is why

0:26:56.444 --> 0:27:00.044
<v Speaker 1>when you see these meta analyzes and psychology of nonverbal

0:27:00.044 --> 0:27:03.284
<v Speaker 1>behavior usually you find that, you know, it's kind of

0:27:03.324 --> 0:27:06.844
<v Speaker 1>fifty to fifty right, that it's almost no better than chance.

0:27:07.164 --> 0:27:10.004
<v Speaker 1>And even if people can get better than chance, they

0:27:10.004 --> 0:27:13.484
<v Speaker 1>improve from like fifty percent to fifty four percent, right,

0:27:13.604 --> 0:27:18.004
<v Speaker 1>which sure four percents a lot, but it's still like

0:27:18.444 --> 0:27:21.084
<v Speaker 1>still incredibly noisy if you're trying.

0:27:20.844 --> 0:27:23.124
<v Speaker 2>To know and also with a strategy, if you ignore

0:27:23.124 --> 0:27:25.724
<v Speaker 2>the bluffs or the tells for a second, right in

0:27:25.764 --> 0:27:28.164
<v Speaker 2>strategy in poker, I mean we all have some sense

0:27:28.204 --> 0:27:32.204
<v Speaker 2>for like empirically how the population plays. You're talking about

0:27:32.244 --> 0:27:35.964
<v Speaker 2>this before backstage, like, oh, this spot is underbluffed by

0:27:36.004 --> 0:27:40.044
<v Speaker 2>the player population overall. Therefore, if I buffed this spot,

0:27:40.244 --> 0:27:43.404
<v Speaker 2>people will fold a lot. But it feels like in

0:27:43.484 --> 0:27:47.604
<v Speaker 2>poker that can shift and adjust in different player populations,

0:27:47.644 --> 0:27:50.324
<v Speaker 2>and like, you know, look, one thing about having like

0:27:50.324 --> 0:27:53.724
<v Speaker 2>a capitalist, free market economy is like the market finds

0:27:53.724 --> 0:27:56.804
<v Speaker 2>a way. The market finds a way to exploit any loopholes,

0:27:56.844 --> 0:27:59.924
<v Speaker 2>to exploit any inefficiencies for better or worse. And the

0:27:59.924 --> 0:28:02.444
<v Speaker 2>same is true in poker that like, you know, look

0:28:02.524 --> 0:28:04.924
<v Speaker 2>right now, I'm probably you know, as a default, I'm

0:28:04.924 --> 0:28:07.684
<v Speaker 2>probably folding in a lot of spots because people probably

0:28:07.724 --> 0:28:10.244
<v Speaker 2>under bluff on average, right, unless there's like some type

0:28:10.244 --> 0:28:12.924
<v Speaker 2>of physical read or other read. Right, But if you

0:28:12.924 --> 0:28:14.524
<v Speaker 2>know that about me, then you can exploit the hell

0:28:14.524 --> 0:28:16.564
<v Speaker 2>out of me, you know, And so you have to

0:28:16.564 --> 0:28:17.764
<v Speaker 2>be constantly on your toes.

0:28:18.084 --> 0:28:21.444
<v Speaker 1>Yeah, it's really interesting. One of the kind of first

0:28:21.484 --> 0:28:27.444
<v Speaker 1>things that I learned from Eric is that he would

0:28:27.524 --> 0:28:29.964
<v Speaker 1>never give me an answer to like how do I

0:28:30.004 --> 0:28:33.524
<v Speaker 1>play this hand in this situation, because he said, you know,

0:28:33.884 --> 0:28:36.684
<v Speaker 1>I can't tell you that because I'm not you. Right,

0:28:36.684 --> 0:28:41.164
<v Speaker 1>when people see me, they expect something, and when they

0:28:41.204 --> 0:28:45.164
<v Speaker 1>see you, they expect something else because you know, people

0:28:45.204 --> 0:28:48.644
<v Speaker 1>have biases, people have preconceptions about how different people play,

0:28:49.124 --> 0:28:52.124
<v Speaker 1>and you can probably get away with things that I

0:28:52.164 --> 0:28:54.404
<v Speaker 1>can't get away with. He's like, you know, if you

0:28:54.644 --> 0:28:59.084
<v Speaker 1>raise here, that looks so strong coming from you, right,

0:28:59.524 --> 0:29:02.884
<v Speaker 1>And the implication is, you know I'm female. I am

0:29:03.324 --> 0:29:09.204
<v Speaker 1>not you know, a world class ten bracelet whenever you know,

0:29:09.444 --> 0:29:12.284
<v Speaker 1>I'm a very different sort of player. And so when

0:29:12.404 --> 0:29:16.324
<v Speaker 1>I do something that, when I run a suicide bluff,

0:29:16.684 --> 0:29:20.444
<v Speaker 1>I get a fold. When somebody comes in, you know,

0:29:20.564 --> 0:29:25.804
<v Speaker 1>with sleeve tattoos and you know, a shaved head and

0:29:26.164 --> 0:29:30.244
<v Speaker 1>huge biceps and tries the exact same bluff, they're probably

0:29:30.244 --> 0:29:31.164
<v Speaker 1>going to get a call.

0:29:31.564 --> 0:29:33.924
<v Speaker 2>Right, some of those huge bicep guys know exactly what

0:29:33.924 --> 0:29:37.164
<v Speaker 2>they're doing and they're putting their their false exactly. And

0:29:37.164 --> 0:29:39.164
<v Speaker 2>if you have some and being aware of life is

0:29:39.204 --> 0:29:42.724
<v Speaker 2>complicated and like I can get different. I mean you've

0:29:42.724 --> 0:29:45.684
<v Speaker 2>talked about written about because bluff. How like some men

0:29:46.684 --> 0:29:49.044
<v Speaker 2>want to beat the hell out of yeah women at

0:29:49.084 --> 0:29:51.484
<v Speaker 2>the table. Some want to be chivl risks and deferential. Right.

0:29:51.804 --> 0:29:53.484
<v Speaker 2>My version of that is, like I can have a

0:29:53.524 --> 0:29:56.044
<v Speaker 2>couple different stereotypes, like one is like, Okay, here is

0:29:56.084 --> 0:29:59.804
<v Speaker 2>a statistics nerd. He must be very tight and very straightforward.

0:30:00.164 --> 0:30:02.284
<v Speaker 2>The other is like, here's a guy who probably has

0:30:02.884 --> 0:30:04.364
<v Speaker 2>what do you say amount of money he's in this

0:30:04.444 --> 0:30:06.244
<v Speaker 2>is a hobby. He probably doesn't have some fun he

0:30:06.284 --> 0:30:09.324
<v Speaker 2>can afford the buyings he's splashing around, right, So, like people,

0:30:09.404 --> 0:30:11.284
<v Speaker 2>I can get bifcaate between like being seen as like

0:30:11.604 --> 0:30:14.044
<v Speaker 2>overly tight and overly loose and being very aware of

0:30:14.164 --> 0:30:17.244
<v Speaker 2>like your kind of microscopic like table image and things

0:30:17.284 --> 0:30:20.324
<v Speaker 2>like that, or like even what hat I wear, right, hat,

0:30:20.324 --> 0:30:23.244
<v Speaker 2>it's like wolf hat I sometimes wear that my partner hates, right,

0:30:23.284 --> 0:30:25.804
<v Speaker 2>but like that create some more aggressive image. You have

0:30:25.844 --> 0:30:28.364
<v Speaker 2>a Vegas Knight's hat that I sometimes wear, which is

0:30:28.364 --> 0:30:29.844
<v Speaker 2>like if you're playing in Vegas, it's like an old

0:30:29.844 --> 0:30:32.004
<v Speaker 2>man coffee local playing the game.

0:30:32.164 --> 0:30:32.364
<v Speaker 3>Right.

0:30:32.444 --> 0:30:34.884
<v Speaker 2>So like, even like wardrobe and things like that can

0:30:34.924 --> 0:30:36.444
<v Speaker 2>affect these perceptions.

0:30:36.764 --> 0:30:41.164
<v Speaker 1>Yeah, absolutely absolutely, And I think we make judgments about

0:30:41.164 --> 0:30:44.404
<v Speaker 1>people all the time that are based on zero data.

0:30:44.924 --> 0:30:49.164
<v Speaker 1>And that's another reason why you know, spotting deception. Being

0:30:49.164 --> 0:30:52.484
<v Speaker 1>able to read people is so incredibly difficult because our

0:30:52.604 --> 0:30:56.804
<v Speaker 1>own baseline is incredibly biased. Right when you see anyone,

0:30:56.884 --> 0:30:59.484
<v Speaker 1>whether you know it or not, you are just constantly

0:30:59.524 --> 0:31:03.364
<v Speaker 1>like making judgments, judgments, judgments, judgments, and before they even

0:31:03.404 --> 0:31:05.604
<v Speaker 1>do anything. In poker, you do it before they play

0:31:05.644 --> 0:31:08.244
<v Speaker 1>a single hand. In real life, you do it before

0:31:08.284 --> 0:31:12.364
<v Speaker 1>you have a single conversation. Do you ever meet someone

0:31:12.364 --> 0:31:14.964
<v Speaker 1>and you're like, I don't like this person. You haven't

0:31:14.964 --> 0:31:16.244
<v Speaker 1>talked to them, and you're like, oh my god, this

0:31:16.284 --> 0:31:19.524
<v Speaker 1>person's just rubbing me the wrong way, right, And like

0:31:19.604 --> 0:31:21.844
<v Speaker 1>they might be perfectly nice and they haven't done anything,

0:31:21.884 --> 0:31:25.004
<v Speaker 1>and you might even end up liking them later, but like, yeah,

0:31:25.044 --> 0:31:27.244
<v Speaker 1>often you do, but like that initial reaction, like I

0:31:27.244 --> 0:31:31.164
<v Speaker 1>definitely have that like ooof yeah, And then and then

0:31:31.204 --> 0:31:33.324
<v Speaker 1>you have the opposite where like you're like, oh my god,

0:31:33.324 --> 0:31:35.284
<v Speaker 1>I love you. We're going to be best friends, right,

0:31:35.564 --> 0:31:37.084
<v Speaker 1>and then like by the end of the night, you're like,

0:31:37.204 --> 0:31:40.884
<v Speaker 1>go away please, Right, you are the most annoying human

0:31:40.924 --> 0:31:45.244
<v Speaker 1>I've ever met. But it goes in both ways. Both

0:31:45.324 --> 0:31:49.204
<v Speaker 1>times you make these subconscious judgments based on cues that

0:31:49.244 --> 0:31:53.524
<v Speaker 1>you probably don't even realize you're using. And it's because

0:31:54.284 --> 0:31:58.324
<v Speaker 1>we have years and years and years of experiences that

0:31:58.364 --> 0:32:00.284
<v Speaker 1>we're drawing on, right that make us who we are,

0:32:00.644 --> 0:32:04.364
<v Speaker 1>that are our own biases, our own perspectives, and that's why,

0:32:04.564 --> 0:32:08.044
<v Speaker 1>you know, reading people is hard in life and at

0:32:08.084 --> 0:32:11.604
<v Speaker 1>the poker table, and we're bad at it unless we

0:32:11.724 --> 0:32:15.444
<v Speaker 1>really really try to be empirically and data driven, which

0:32:15.484 --> 0:32:16.524
<v Speaker 1>again is difficult.

0:32:21.764 --> 0:32:36.484
<v Speaker 4>And we'll be right back after this break, so.

0:32:36.564 --> 0:32:40.524
<v Speaker 1>We'll see how well Nate controls some of his tells.

0:32:40.604 --> 0:32:44.364
<v Speaker 1>We are going to play a game called Lowden Thinks.

0:32:45.444 --> 0:32:51.524
<v Speaker 1>So what this game is is I, well, one person

0:32:51.604 --> 0:32:54.124
<v Speaker 1>it's going to be me this time, is going to

0:32:54.524 --> 0:32:57.764
<v Speaker 1>ask the Lawden who's going to be Nate, a question

0:32:58.004 --> 0:33:01.364
<v Speaker 1>which has a numerical answer. For instance, I could ask

0:33:01.444 --> 0:33:07.244
<v Speaker 1>him how many subway stops are there in New York City. Okay, Now,

0:33:07.364 --> 0:33:12.644
<v Speaker 1>the actual answers to this doesn't matter whatsoever. All that

0:33:12.724 --> 0:33:16.004
<v Speaker 1>matters is what Nate thinks it is. So Nate is

0:33:16.004 --> 0:33:18.804
<v Speaker 1>going to write his answer down. Don't write your answer

0:33:18.804 --> 0:33:22.404
<v Speaker 1>to this one, but for you have an estimate. Okay.

0:33:22.444 --> 0:33:26.084
<v Speaker 1>So Nate has an estimate. So he's going to write

0:33:26.124 --> 0:33:28.084
<v Speaker 1>it down so that we know that it's locked in

0:33:28.164 --> 0:33:31.084
<v Speaker 1>and that he's not lying, right. And then I'm going

0:33:31.124 --> 0:33:33.684
<v Speaker 1>to ask two people from the audience to come up,

0:33:34.044 --> 0:33:38.084
<v Speaker 1>and they are going to start kind of a bidding

0:33:38.084 --> 0:33:42.244
<v Speaker 1>war to try to figure out Nate's answers. So, for instance,

0:33:42.524 --> 0:33:45.124
<v Speaker 1>let's say it's the two of you ladies who are

0:33:45.164 --> 0:33:50.524
<v Speaker 1>coming up, and so you could say, you could say ten, right,

0:33:50.684 --> 0:33:54.844
<v Speaker 1>Nate thinks it's ten, and you would say ten's too low, right,

0:33:54.924 --> 0:33:57.564
<v Speaker 1>So you pick a number that's you are allowed to

0:33:57.604 --> 0:34:00.524
<v Speaker 1>say either under if you think it's under ten, or

0:34:00.564 --> 0:34:02.884
<v Speaker 1>pick another number. So you might be like ten, that's crazy,

0:34:03.204 --> 0:34:06.164
<v Speaker 1>fifty and you might be like, oh, fifty, that's crazy,

0:34:06.204 --> 0:34:10.004
<v Speaker 1>that's too high. Under. Basically, you keep going until one

0:34:10.044 --> 0:34:13.884
<v Speaker 1>person says under, and whoever gets closest to not the

0:34:13.924 --> 0:34:18.364
<v Speaker 1>real answer, but what Nate thinks the answer is is

0:34:18.404 --> 0:34:22.124
<v Speaker 1>the person who wins. So you know, let's say that

0:34:22.204 --> 0:34:26.324
<v Speaker 1>you had said two hundred and you had said under. Okay,

0:34:26.404 --> 0:34:31.004
<v Speaker 1>and Nate, what was your answer? All right?

0:34:31.084 --> 0:34:33.684
<v Speaker 2>So you I think that's it doesn't matter.

0:34:33.964 --> 0:34:39.044
<v Speaker 1>Doesn't that's the point, right, it doesn't matter, So you

0:34:39.044 --> 0:34:41.484
<v Speaker 1>would have won because you said two hundred and you

0:34:41.524 --> 0:34:44.524
<v Speaker 1>had the under on two hundred. We don't care about

0:34:44.524 --> 0:34:49.844
<v Speaker 1>the actual answer, So your goal is not to immediately

0:34:49.924 --> 0:34:53.404
<v Speaker 1>start thinking about what is the answer to this. Your

0:34:53.484 --> 0:34:58.124
<v Speaker 1>goal is to think what does Nate think the answer is.

0:34:58.844 --> 0:35:01.644
<v Speaker 1>So you have to do everything we've talked about tonight.

0:35:01.684 --> 0:35:04.084
<v Speaker 1>You have to look at the world from Nate's perspective,

0:35:04.484 --> 0:35:06.844
<v Speaker 1>and you have to observe him, you know, observe his

0:35:07.004 --> 0:35:09.804
<v Speaker 1>tells because you know, if you had said, like hundred,

0:35:09.844 --> 0:35:11.684
<v Speaker 1>he'd probably give you a look like you're crazy. Or

0:35:11.724 --> 0:35:14.924
<v Speaker 1>maybe he's going to uh, you know, maybe he's going

0:35:15.004 --> 0:35:18.364
<v Speaker 1>to protect him his uh, his poker face. Yeah, his

0:35:18.524 --> 0:35:21.004
<v Speaker 1>range a little bit better than that. All right, So

0:35:21.644 --> 0:35:25.684
<v Speaker 1>can we have two volunteers from the audience to guess

0:35:26.124 --> 0:35:30.764
<v Speaker 1>our first a lotten question? We've got one hand back there, Yeah,

0:35:30.924 --> 0:35:35.684
<v Speaker 1>come on up, Yeah, you back there, and we need

0:35:35.684 --> 0:35:44.724
<v Speaker 1>a second. All right, up, you come all right. So

0:35:44.804 --> 0:35:50.484
<v Speaker 1>here's my question. How many podcasts are there in the

0:35:50.524 --> 0:35:51.684
<v Speaker 1>world right now?

0:35:52.604 --> 0:35:59.204
<v Speaker 2>Can I ask for clarifying questions or no? How many podcasts?

0:35:59.244 --> 0:36:03.724
<v Speaker 1>How many podcasts in the world? So Nate, let me

0:36:03.764 --> 0:36:06.964
<v Speaker 1>know when you've written down your answer and make sure, Okay,

0:36:07.084 --> 0:36:10.124
<v Speaker 1>I got it, you're locked in. All right? What's your name?

0:36:10.604 --> 0:36:15.164
<v Speaker 1>My name is Rob, and what's your name Roger? All right, Rob,

0:36:15.324 --> 0:36:18.004
<v Speaker 1>We're gonna start off the game with you, Rob. Why

0:36:18.044 --> 0:36:19.724
<v Speaker 1>don't you throw out a number? All right?

0:36:20.204 --> 0:36:27.084
<v Speaker 3>Big m I'll say ten.

0:36:26.924 --> 0:36:29.724
<v Speaker 1>Thousand, all right, Roger, are you gonna go over? Are

0:36:29.764 --> 0:36:31.884
<v Speaker 1>you gonna take the under? Over?

0:36:32.244 --> 0:36:32.604
<v Speaker 2>All right?

0:36:32.684 --> 0:36:33.524
<v Speaker 1>So what's your number?

0:36:34.404 --> 0:36:36.124
<v Speaker 2>Twenty five? All right?

0:36:36.204 --> 0:36:40.284
<v Speaker 1>Twenty five thousand, Rob, it's back to you, hess twenty five.

0:36:41.644 --> 0:36:43.604
<v Speaker 2>I will I will match that.

0:36:44.164 --> 0:36:48.964
<v Speaker 1>No, you can't match that. We're not sorry. You have to.

0:36:49.084 --> 0:36:51.164
<v Speaker 1>You have to either take a number that's higher or

0:36:51.204 --> 0:37:01.244
<v Speaker 1>say under. I'm gonna say thirty k. Okay, And remember, guys,

0:37:01.244 --> 0:37:02.724
<v Speaker 1>you need to be looking at Nate, not at me.

0:37:02.924 --> 0:37:07.804
<v Speaker 1>All right, So thirty k Roger? Are you? What are you?

0:37:07.884 --> 0:37:11.644
<v Speaker 1>What are you gonna do? Do you like thirty? Are

0:37:11.684 --> 0:37:16.124
<v Speaker 1>you under? Are you over? Oh? Look at Nate. He's

0:37:17.044 --> 0:37:21.204
<v Speaker 1>Nate's losing it over here, melting under pressure, a swearty guy.

0:37:21.244 --> 0:37:22.484
<v Speaker 2>I have a better poker face, And.

0:37:27.244 --> 0:37:31.484
<v Speaker 1>Alright, thirty five thousand, Rob, back to you. I'll go

0:37:31.604 --> 0:37:34.604
<v Speaker 1>under it, all right, Nate? What's your number?

0:37:36.404 --> 0:37:40.884
<v Speaker 2>Three point six million? At right?

0:37:41.444 --> 0:37:45.604
<v Speaker 1>All right, Roger, you win because you're closer, but you

0:37:45.644 --> 0:37:48.964
<v Speaker 1>are everyone is off by well, the two of you

0:37:49.004 --> 0:37:51.444
<v Speaker 1>are off by an order of magnitude from Nate's real guest.

0:37:51.284 --> 0:37:52.324
<v Speaker 2>Do we know the real number?

0:37:52.524 --> 0:37:54.644
<v Speaker 1>We do have the real number. I happen to look

0:37:54.684 --> 0:37:58.044
<v Speaker 1>it up because I wanted to know. Four point five million?

0:37:58.244 --> 0:38:01.764
<v Speaker 2>Holy shit, pretty good might be an assasination thing.

0:38:01.844 --> 0:38:09.404
<v Speaker 1>Guys, does everyone here have a podcast? Because it seems like, uh,

0:38:09.444 --> 0:38:11.364
<v Speaker 1>all right, we're gonna do We're gonna do. Do you

0:38:11.404 --> 0:38:12.404
<v Speaker 1>guys want one more shot?

0:38:13.404 --> 0:38:14.444
<v Speaker 2>Can idem myself?

0:38:14.564 --> 0:38:17.444
<v Speaker 1>Yes, yes, we're gonna do a re We're gonna do

0:38:17.484 --> 0:38:23.524
<v Speaker 1>a rematch because yeah, Rob wants a shot at redemption.

0:38:23.924 --> 0:38:28.244
<v Speaker 1>All right, let's take a shot. All right, So so

0:38:28.324 --> 0:38:32.604
<v Speaker 1>this one we'll do, uh, we'll do slightly non podcasting.

0:38:33.124 --> 0:38:39.444
<v Speaker 1>We'll pay uh respects to our venue. How many live

0:38:39.444 --> 0:38:42.564
<v Speaker 1>events does ludlow House host in a year.

0:38:44.484 --> 0:38:45.324
<v Speaker 2>Of any kind?

0:38:45.684 --> 0:38:54.324
<v Speaker 1>Many? Kind? No more clarifying questions leading the witness. You

0:38:54.364 --> 0:38:55.084
<v Speaker 1>got your number.

0:38:56.204 --> 0:38:59.004
<v Speaker 2>I'm like, I'm like doing some deceptive shit, right, I

0:38:59.124 --> 0:39:01.204
<v Speaker 2>want people like you know, having reach side down. So

0:39:01.244 --> 0:39:02.044
<v Speaker 2>I'm trying to mix up.

0:39:02.524 --> 0:39:05.124
<v Speaker 1>All right, we've got some We've got some deceptive tells.

0:39:05.524 --> 0:39:08.844
<v Speaker 1>All right, Rob, this one you start us off seven

0:39:09.004 --> 0:39:14.324
<v Speaker 1>and fifty All right, Roger under you're taking the under.

0:39:14.364 --> 0:39:16.604
<v Speaker 1>Oh well that was a short round of laden.

0:39:18.164 --> 0:39:23.924
<v Speaker 2>Five fifty five. But what's the answer. This doesn't matter.

0:39:24.364 --> 0:39:26.564
<v Speaker 1>The answer doesn't matter. This is what. I don't have

0:39:26.604 --> 0:39:30.684
<v Speaker 1>the answer too because it is not public. But as

0:39:30.724 --> 0:39:34.044
<v Speaker 1>far as I can tell, ludlow House does five to

0:39:34.204 --> 0:39:38.284
<v Speaker 1>six live events a week, so multiply that by okay,

0:39:38.564 --> 0:39:41.004
<v Speaker 1>maybe a little high, yeah, by fifty weeks.

0:39:41.204 --> 0:39:43.644
<v Speaker 2>My justification was that as I was reading him, I

0:39:43.684 --> 0:39:45.964
<v Speaker 2>was like, I feel like he usually would aim high.

0:39:46.004 --> 0:39:48.324
<v Speaker 2>He did that with the how many podcasts were out

0:39:48.404 --> 0:39:49.564
<v Speaker 2>in the whole world.

0:39:49.764 --> 0:39:54.564
<v Speaker 1>I like this, you're extrapolating, You're using available information, you

0:39:54.604 --> 0:39:57.484
<v Speaker 1>know what. I'm giving you an extra point for using

0:39:57.564 --> 0:40:00.924
<v Speaker 1>data in a good way. And so oh I'm getting

0:40:00.924 --> 0:40:03.764
<v Speaker 1>I'm getting booed. Apparently the audio the audience does not

0:40:03.964 --> 0:40:09.004
<v Speaker 1>like that. So Roger, congratulations, An I don't mean that

0:40:09.764 --> 0:40:13.844
<v Speaker 1>you are our London. Thanks champion, Thank you both so much.

0:40:13.924 --> 0:40:15.044
<v Speaker 1>Thank you for volunteering.

0:40:16.604 --> 0:40:17.004
<v Speaker 3>Thank you.

0:40:19.764 --> 0:40:22.884
<v Speaker 1>All right, we have time for a few questions. Yeah,

0:40:23.844 --> 0:40:25.324
<v Speaker 1>I just want to.

0:40:25.324 --> 0:40:27.924
<v Speaker 3>Say, Maria, your book was the first book I read

0:40:27.964 --> 0:40:30.604
<v Speaker 3>when I started playing poker, and so really excited to

0:40:30.644 --> 0:40:30.964
<v Speaker 3>meet you.

0:40:32.164 --> 0:40:34.324
<v Speaker 1>Thank you. I'm curious for you, guys.

0:40:34.604 --> 0:40:36.524
<v Speaker 3>This is both a poker question while so out of

0:40:36.684 --> 0:40:39.164
<v Speaker 3>outside of poker, what do you think is the difference

0:40:39.204 --> 0:40:41.964
<v Speaker 3>between bias because you guys were talking about bias when

0:40:41.964 --> 0:40:44.444
<v Speaker 3>you're playing, and like the reputation reading the reputation of

0:40:44.484 --> 0:40:48.884
<v Speaker 3>someone at the table versus intuition, And do you feel

0:40:48.884 --> 0:40:51.724
<v Speaker 3>like intuition comes into play for you, like having cards,

0:40:51.724 --> 0:40:54.484
<v Speaker 3>sunds like, et cetera, or there's a big differentiation.

0:40:55.084 --> 0:40:59.924
<v Speaker 1>That's that's a really great question. And I am someone

0:41:00.324 --> 0:41:03.924
<v Speaker 1>who people get mad at because I'm like, do not

0:41:04.124 --> 0:41:08.204
<v Speaker 1>follow your gut feeling. It's bullshit. So here's here's my rationale.

0:41:08.204 --> 0:41:13.044
<v Speaker 1>It's not always true. So humans have very strong gut feelings, right,

0:41:13.284 --> 0:41:17.964
<v Speaker 1>really strong intuitions, and our intuitions can be either true

0:41:18.084 --> 0:41:20.404
<v Speaker 1>or false. Right, they can be either correct or not.

0:41:21.444 --> 0:41:24.804
<v Speaker 1>When you study this and you actually kind of do

0:41:25.644 --> 0:41:29.204
<v Speaker 1>the psych experiments, it turns out that we are about

0:41:29.244 --> 0:41:33.044
<v Speaker 1>fifty to fifty at identifying correct from incorrect intuitions. So

0:41:33.204 --> 0:41:36.644
<v Speaker 1>we feel like they're equally valid either way. Right, We're

0:41:36.724 --> 0:41:39.164
<v Speaker 1>really really bad. Sometimes we think a correct one's wrong,

0:41:39.204 --> 0:41:42.764
<v Speaker 1>and sometimes we think a wrong one's correct at chance levels.

0:41:43.164 --> 0:41:48.004
<v Speaker 1>And so what I like to say is that the

0:41:48.124 --> 0:41:51.604
<v Speaker 1>data show that the intuitions that you can actually trust

0:41:52.164 --> 0:41:56.604
<v Speaker 1>are intuitions that aren't intuitions. They are deep expertise that

0:41:56.644 --> 0:42:00.484
<v Speaker 1>you don't necessarily have conscious access to how you know it.

0:42:00.964 --> 0:42:03.724
<v Speaker 1>So if you are an expert in this, right, if

0:42:03.764 --> 0:42:08.164
<v Speaker 1>you are someone who has you know, thousands and thousands

0:42:08.164 --> 0:42:11.484
<v Speaker 1>of hours of experience in this and like this is

0:42:11.524 --> 0:42:16.084
<v Speaker 1>really your area, then you might know something. Your brain

0:42:16.204 --> 0:42:19.044
<v Speaker 1>might be noticing patterns right there. I mean pattern recognition

0:42:19.084 --> 0:42:21.524
<v Speaker 1>going on that your conscious brain isn't aware of because

0:42:21.524 --> 0:42:24.124
<v Speaker 1>it's at a deeper level. So it feels like intuition

0:42:24.324 --> 0:42:27.284
<v Speaker 1>to you, but it's not. It's actually expertise that you've

0:42:27.284 --> 0:42:31.164
<v Speaker 1>worked really, really hard for. So the question you should

0:42:31.204 --> 0:42:35.884
<v Speaker 1>ask is is there a reason why I should know this? Right? Like?

0:42:36.004 --> 0:42:38.684
<v Speaker 1>Am I an expert in this field? Is this my domain?

0:42:39.124 --> 0:42:42.284
<v Speaker 1>Have I experienced this many many times before? And if

0:42:42.324 --> 0:42:45.284
<v Speaker 1>the answer is yes, then go for it, trust it.

0:42:45.324 --> 0:42:48.364
<v Speaker 1>If the answer is no, then rely on other things.

0:42:48.564 --> 0:42:50.444
<v Speaker 1>So what I would you know? Like in poker, I

0:42:50.484 --> 0:42:53.764
<v Speaker 1>would say, like if at the table, I think you know,

0:42:53.924 --> 0:42:56.364
<v Speaker 1>I think this person's bluffing, but I'm not sure why,

0:42:57.004 --> 0:42:59.924
<v Speaker 1>Versus if Eric's idell says, I think this person's bluffing,

0:42:59.964 --> 0:43:03.644
<v Speaker 1>but I'm not sure why. Trust Eric's intuition, don't trust mine.

0:43:03.884 --> 0:43:06.404
<v Speaker 1>Eric's been doing this shit since the eighties. Right, he's

0:43:06.604 --> 0:43:11.804
<v Speaker 1>a true expert. I'm not. And the funny thing is

0:43:12.564 --> 0:43:14.844
<v Speaker 1>when it comes to reading people, the theme of you

0:43:14.844 --> 0:43:19.844
<v Speaker 1>know this show, we all think we're experts because we

0:43:20.164 --> 0:43:22.644
<v Speaker 1>read people all the time, we make judgments all the time.

0:43:22.644 --> 0:43:24.404
<v Speaker 1>The problem is we don't know if we're right or not,

0:43:24.804 --> 0:43:28.084
<v Speaker 1>So it feels like expertise when it's not because you

0:43:28.084 --> 0:43:30.484
<v Speaker 1>don't get feedback. You're like, I think this person's lying, right,

0:43:30.524 --> 0:43:32.044
<v Speaker 1>I think this person's telling the truth. But you have

0:43:32.084 --> 0:43:34.924
<v Speaker 1>no idea, like you are constantly everyone thinks they're an

0:43:34.924 --> 0:43:38.284
<v Speaker 1>expert at reading people, but we don't, you know, unless

0:43:38.324 --> 0:43:40.884
<v Speaker 1>you're a poker player, or unless you're someone who constantly

0:43:40.924 --> 0:43:44.004
<v Speaker 1>gets feedback about whether your reads were correct or not,

0:43:44.324 --> 0:43:47.884
<v Speaker 1>you're a fake expert. Feels like expertise, but it's not.

0:43:47.964 --> 0:43:50.044
<v Speaker 2>In terms of kind of like capital be biased. I'm

0:43:50.084 --> 0:43:53.524
<v Speaker 2>like not trying to be overly woke or anything, but

0:43:53.604 --> 0:43:58.764
<v Speaker 2>like making assumptions based on like race or gender doesn't

0:43:58.804 --> 0:44:00.564
<v Speaker 2>work for a one poker because people can like actually

0:44:00.644 --> 0:44:05.724
<v Speaker 2>take advantage of your expectation of them and therefore exploit you. Right, Absolutely,

0:44:05.764 --> 0:44:10.044
<v Speaker 2>age tells you a little bit more amateur versus professional

0:44:10.164 --> 0:44:11.324
<v Speaker 2>tells you a little bit more.

0:44:11.404 --> 0:44:15.124
<v Speaker 1>Biggest bluffers I've ever encountered have been the like little

0:44:15.124 --> 0:44:18.844
<v Speaker 1>old men who you're like, oh, like he's so sweet,

0:44:18.884 --> 0:44:19.844
<v Speaker 1>he's not bluffing me.

0:44:19.964 --> 0:44:23.004
<v Speaker 2>Yeah, it's like in your face because like and it

0:44:23.124 --> 0:44:25.124
<v Speaker 2>probably you know, these kind of older guys will probably

0:44:25.204 --> 0:44:27.484
<v Speaker 2>hire coaches or watch videos like I can get away

0:44:27.524 --> 0:44:30.524
<v Speaker 2>with impunity with like bluffing a lot, and so yeah,

0:44:30.644 --> 0:44:34.164
<v Speaker 2>I you know, any data you have when someone has

0:44:34.204 --> 0:44:36.324
<v Speaker 2>someone actually played a hand, right, it can be like

0:44:36.364 --> 0:44:38.884
<v Speaker 2>an old guy who's eighty five years old who looks

0:44:38.924 --> 0:44:42.044
<v Speaker 2>like he's senile. Right, if you catch him making some

0:44:42.124 --> 0:44:45.324
<v Speaker 2>huge bluff in the first hand he plays and like

0:44:45.364 --> 0:44:49.204
<v Speaker 2>that totally outweighs any priors that you had about about

0:44:49.204 --> 0:44:49.964
<v Speaker 2>his style.

0:44:49.724 --> 0:44:55.204
<v Speaker 1>Of So always, when in doubt, use objective, observable data

0:44:55.764 --> 0:44:59.844
<v Speaker 1>and be very very skeptical of your gut unless you're

0:44:59.844 --> 0:45:00.764
<v Speaker 1>a true expert in it.

0:45:01.884 --> 0:45:04.004
<v Speaker 2>Hi, my name is Julian. Great to mean you guys.

0:45:04.764 --> 0:45:07.604
<v Speaker 5>My question is somewhat related, but it's essentially how do

0:45:07.604 --> 0:45:10.964
<v Speaker 5>you discern between making a re or observing a tell

0:45:11.044 --> 0:45:15.004
<v Speaker 5>that gives you an advantage versus falling for somebody trying

0:45:15.044 --> 0:45:16.764
<v Speaker 5>to deceive you with like a fake tell.

0:45:17.084 --> 0:45:21.404
<v Speaker 1>It's a good question, and there's no there's no clear

0:45:21.444 --> 0:45:24.884
<v Speaker 1>cut answer, But I would say two things. One, despite

0:45:24.884 --> 0:45:27.884
<v Speaker 1>what Nate says, I would urge you all not to

0:45:28.004 --> 0:45:33.604
<v Speaker 1>try to throw fake tales. It's a very very risky proposition.

0:45:34.244 --> 0:45:38.724
<v Speaker 1>And normally fake tales give away way more than you

0:45:38.724 --> 0:45:42.164
<v Speaker 1>you know, than you're trying to. And I think that

0:45:42.484 --> 0:45:46.004
<v Speaker 1>the most you can try to do is just standardize

0:45:46.044 --> 0:45:49.484
<v Speaker 1>your behavior as much as possible. That's the advice that

0:45:49.524 --> 0:45:53.324
<v Speaker 1>I got from kind of a behavioral expert who coaches

0:45:53.364 --> 0:45:57.964
<v Speaker 1>poker players, is try to have a routine and follow

0:45:58.044 --> 0:46:01.284
<v Speaker 1>that same routine, because otherwise you're going to give off information.

0:46:01.484 --> 0:46:03.804
<v Speaker 2>Now, it's true because like some tells can have the

0:46:03.844 --> 0:46:06.764
<v Speaker 2>reverse meaning based on very subtle distinctions. Right, Like you

0:46:06.844 --> 0:46:10.364
<v Speaker 2>bet someone takes a long time to make all on

0:46:10.404 --> 0:46:12.804
<v Speaker 2>the flop, right from like a truly novice player. We

0:46:12.844 --> 0:46:17.004
<v Speaker 2>both play like charity tournaments. Sometimes probably sincere they probably

0:46:17.204 --> 0:46:19.444
<v Speaker 2>are having trouble even reading the board telling how strong

0:46:19.484 --> 0:46:22.444
<v Speaker 2>their hand is. Right from like the next step upward,

0:46:23.084 --> 0:46:26.684
<v Speaker 2>then that might be deceiving you into betting again, right

0:46:27.804 --> 0:46:30.604
<v Speaker 2>and then beyond that, it's probably more random someone's liberately

0:46:30.684 --> 0:46:34.124
<v Speaker 2>randomizing or or whatever, but like knowing kind of what

0:46:34.244 --> 0:46:37.124
<v Speaker 2>level somebody is on and if they if they become

0:46:37.164 --> 0:46:41.124
<v Speaker 2>aware of something weird that occurs, right, you know, if

0:46:41.164 --> 0:46:43.164
<v Speaker 2>you become aware like so, like let's say that, like

0:46:44.404 --> 0:46:48.124
<v Speaker 2>you know, I have a hand where because it's I

0:46:48.124 --> 0:46:51.364
<v Speaker 2>haven't eaten in fifteen hours, right, my hand troubles a

0:46:51.364 --> 0:46:54.844
<v Speaker 2>little bit when I'm like making a bet. If I'm

0:46:54.884 --> 0:46:58.484
<v Speaker 2>aware of that, that will affect my play for the

0:46:58.484 --> 0:47:01.644
<v Speaker 2>rest of the hand. Like usually that's read as strength.

0:47:01.684 --> 0:47:03.964
<v Speaker 2>There are some players for which that's not true, right,

0:47:05.364 --> 0:47:07.484
<v Speaker 2>you know, sometimes stuck about reverse tells like can I

0:47:07.484 --> 0:47:10.404
<v Speaker 2>make myself kind of like fake tremble on command. I'm

0:47:10.444 --> 0:47:12.364
<v Speaker 2>not saying I've never tried that, you know what I mean.

0:47:13.604 --> 0:47:16.204
<v Speaker 2>But it's all very context driven, which is just like

0:47:16.324 --> 0:47:19.644
<v Speaker 2>human interaction. Right, The same statement can be ambiguous and

0:47:19.684 --> 0:47:22.004
<v Speaker 2>can mean five different things coming from five different people

0:47:22.484 --> 0:47:24.884
<v Speaker 2>or from the same person depending on the context who

0:47:24.884 --> 0:47:29.004
<v Speaker 2>they're speaking to. Very precise changes and wording and language

0:47:29.044 --> 0:47:31.204
<v Speaker 2>and things like that and facial expressions.

0:47:32.444 --> 0:47:35.884
<v Speaker 6>Hi, We've spoke at the beginning about what you're comfortable with,

0:47:36.004 --> 0:47:37.764
<v Speaker 6>and I'm curious to know if you worry about the

0:47:37.804 --> 0:47:41.764
<v Speaker 6>slippery slope and how to keep a healthy boundary between

0:47:42.364 --> 0:47:45.724
<v Speaker 6>the things that you would consider to be acceptable, like

0:47:45.844 --> 0:47:49.364
<v Speaker 6>the bluffing being strategy and white lies with the pleasantries

0:47:49.764 --> 0:47:53.084
<v Speaker 6>going on versus going on to that deep end where

0:47:53.844 --> 0:47:56.204
<v Speaker 6>you know where is the line between that and then

0:47:56.284 --> 0:47:58.524
<v Speaker 6>suddenly in your day to day carrying it over too

0:47:58.564 --> 0:48:01.044
<v Speaker 6>much and losing track of what is a good lie,

0:48:01.124 --> 0:48:03.364
<v Speaker 6>so to speak, versus a bad lie where the con

0:48:03.444 --> 0:48:04.004
<v Speaker 6>people are.

0:48:04.404 --> 0:48:07.924
<v Speaker 1>Yeah, I mean, I just try not to lie, to

0:48:07.924 --> 0:48:11.484
<v Speaker 1>be perfectly honest. You know. My next book that I'm

0:48:11.484 --> 0:48:14.964
<v Speaker 1>working on right now is about cheating in games, and

0:48:15.244 --> 0:48:17.964
<v Speaker 1>you know, being around kind of that sort of deceptive

0:48:17.964 --> 0:48:25.644
<v Speaker 1>behavior just gives me such awareness of how costly it

0:48:25.724 --> 0:48:29.884
<v Speaker 1>is and of how costly it is for society that

0:48:30.244 --> 0:48:34.804
<v Speaker 1>I've become more truthful as I've delved into that research,

0:48:34.964 --> 0:48:38.604
<v Speaker 1>because I just want to like distinguish myself as much

0:48:38.644 --> 0:48:42.644
<v Speaker 1>as possible from the people that I'm researching, because you

0:48:42.804 --> 0:48:47.044
<v Speaker 1>see what the social cost is right of people taking cheating,

0:48:48.204 --> 0:48:51.484
<v Speaker 1>you know, taking taking the rules of the game and

0:48:51.484 --> 0:48:58.004
<v Speaker 1>breaking them and bending them and being unsportsmenlike in their behavior.

0:48:59.084 --> 0:49:03.324
<v Speaker 1>So yeah, I think that there's really no slippery slope,

0:49:03.444 --> 0:49:05.804
<v Speaker 1>like in the sense that if I'm playing a game

0:49:05.924 --> 0:49:08.884
<v Speaker 1>like poker, you know, all bluff, it's a game, and

0:49:08.924 --> 0:49:12.964
<v Speaker 1>then I'm done playing the game. And I have zero

0:49:13.004 --> 0:49:16.844
<v Speaker 1>tolerance for angle shooting, which is something that's technically not cheating,

0:49:16.924 --> 0:49:19.804
<v Speaker 1>but is bending the rules right, So it's doing something

0:49:19.844 --> 0:49:23.324
<v Speaker 1>that's like a little underhanded, right to the to the

0:49:23.444 --> 0:49:26.604
<v Speaker 1>edge of actually like being caught out for cheating. Like

0:49:26.644 --> 0:49:28.844
<v Speaker 1>I hate that there are some players who say that

0:49:28.844 --> 0:49:31.964
<v Speaker 1>it's acceptable strategy, right, if it's within the rules and

0:49:32.004 --> 0:49:34.084
<v Speaker 1>it helps me win, I'm going to do it, And

0:49:34.164 --> 0:49:37.924
<v Speaker 1>I think that's gross. So, like I I think it's

0:49:38.844 --> 0:49:41.924
<v Speaker 1>made me less tolerant of all borderline behaviors.

0:49:42.764 --> 0:49:45.924
<v Speaker 2>Yeah, I think ironically. I mean, like often the saddest

0:49:45.924 --> 0:49:47.604
<v Speaker 2>things you see at a poker table where there's someone

0:49:47.604 --> 0:49:51.044
<v Speaker 2>who just shouldn't be playing, often comes at the at

0:49:51.084 --> 0:49:52.924
<v Speaker 2>the lower stakes king. And it's also by the way,

0:49:52.964 --> 0:49:55.764
<v Speaker 2>we often experience the most like abusive behavior. Do you

0:49:55.804 --> 0:49:57.724
<v Speaker 2>speak up if are you a see something, say something?

0:49:57.804 --> 0:50:01.444
<v Speaker 1>Yeah, I always because I have been abused myself at

0:50:01.484 --> 0:50:04.644
<v Speaker 1>the poker table as a female. You know, I'm usually

0:50:05.124 --> 0:50:08.404
<v Speaker 1>a very easy target, and especially when I just started

0:50:08.404 --> 0:50:11.124
<v Speaker 1>out playing you know, and nobody knew who I was,

0:50:11.204 --> 0:50:13.924
<v Speaker 1>and I was playing kind of lower stakes at kind

0:50:13.924 --> 0:50:17.644
<v Speaker 1>of these really kind of low end casinos. Like I

0:50:17.684 --> 0:50:21.644
<v Speaker 1>experienced a lot of abuse, and as I've kind of

0:50:22.084 --> 0:50:26.604
<v Speaker 1>grown in the game and kind of made my way

0:50:26.604 --> 0:50:30.284
<v Speaker 1>in it so that I'm a recognizable face and I

0:50:30.324 --> 0:50:33.964
<v Speaker 1>feel more comfortable there, I want to make sure to

0:50:34.084 --> 0:50:37.204
<v Speaker 1>use my voice to protect people. So if there's bad

0:50:37.244 --> 0:50:41.484
<v Speaker 1>behavior against other players, against dealers, against floor staff, I

0:50:41.524 --> 0:50:45.204
<v Speaker 1>will absolutely say something and call it out there. There

0:50:45.204 --> 0:50:48.444
<v Speaker 1>are a few poker players who hate me because I've

0:50:48.724 --> 0:50:51.644
<v Speaker 1>like I've called the floor on them and have told

0:50:51.644 --> 0:50:53.604
<v Speaker 1>them that what they were doing was not funny.

0:50:53.844 --> 0:50:55.564
<v Speaker 2>Yeah, that's one thing you learned too, is like, because

0:50:55.644 --> 0:50:57.684
<v Speaker 2>people can be quiet and low key, right, but like,

0:50:57.764 --> 0:51:00.124
<v Speaker 2>I know lots of shit about people, I'm not saying

0:51:00.124 --> 0:51:02.484
<v Speaker 2>anything about, right, And the same is true and reverse,

0:51:02.564 --> 0:51:04.804
<v Speaker 2>especially if you are like kind of like a public

0:51:04.844 --> 0:51:08.724
<v Speaker 2>figure who's known both for poker and for non poker things.

0:51:08.764 --> 0:51:11.764
<v Speaker 2>But beware, the people are being very observant about what

0:51:11.804 --> 0:51:13.524
<v Speaker 2>you're doing too, and this s park people probably aren't

0:51:13.524 --> 0:51:17.204
<v Speaker 2>saying anything about it. There's some tactical advantage from remaining

0:51:17.524 --> 0:51:20.004
<v Speaker 2>quiet about it yep right.

0:51:20.284 --> 0:51:23.604
<v Speaker 1>Well, thank you all so much for joining this live

0:51:23.644 --> 0:51:27.084
<v Speaker 1>taping of Risky Business. It was an absolute pleasure of

0:51:27.164 --> 0:51:29.804
<v Speaker 1>having you all here. I hope that you feel more

0:51:30.004 --> 0:51:34.204
<v Speaker 1>comfortable about reading tells and especially about reading Nate Silver.

0:51:34.244 --> 0:51:37.324
<v Speaker 1>And when it comes to a lot of thanks, thank

0:51:37.364 --> 0:51:37.644
<v Speaker 1>you all.

0:51:37.924 --> 0:51:38.644
<v Speaker 2>Thank you so much.

0:51:47.484 --> 0:51:49.284
<v Speaker 1>Let us know what you think of the show. Reach

0:51:49.324 --> 0:51:53.724
<v Speaker 1>out to us at Risky Business at pushkin dot FM.

0:51:53.804 --> 0:51:56.884
<v Speaker 1>Risky Business is hosted by me Maria Kanakova.

0:51:56.524 --> 0:51:59.204
<v Speaker 2>And by me Nate Silver. The show was a whole

0:51:59.244 --> 0:52:03.204
<v Speaker 2>production of Pushing Industries and iHeartMedia. This episode was produced

0:52:03.244 --> 0:52:07.564
<v Speaker 2>by Isaa Carter. Our associate producer is Sonya gerwit Lydia,

0:52:07.684 --> 0:52:10.404
<v Speaker 2>Jean Kott and Daphne Chen are our our editors, and

0:52:10.444 --> 0:52:14.444
<v Speaker 2>our executive producer is Jacob Goldstein. Mixing by Sarah Bruger.

0:52:15.004 --> 0:52:17.204
<v Speaker 1>If you like the show, please rate and review us

0:52:17.244 --> 0:52:19.924
<v Speaker 1>so other people can find us too, But once again,

0:52:20.044 --> 0:52:21.884
<v Speaker 1>only if you like us. We don't want those bad

0:52:21.924 --> 0:52:24.084
<v Speaker 1>reviews out there. Thanks for tuning in.