1 00:00:15,604 --> 00:00:28,644 Speaker 1: Pushkin. Welcome back to Risky Business, a show about making 2 00:00:28,684 --> 00:00:31,524 Speaker 1: better decisions. I'm Maria Kanakova and I'm made Silver. 3 00:00:31,764 --> 00:00:33,764 Speaker 2: Did we mix that up? You should we go the 4 00:00:33,764 --> 00:00:36,324 Speaker 2: other way? Oh, I don't know what I'm talking about. 5 00:00:36,764 --> 00:00:40,084 Speaker 1: See, okay, perfect start to This is a perfect start 6 00:00:40,084 --> 00:00:40,764 Speaker 1: to the segment. 7 00:00:40,924 --> 00:00:41,324 Speaker 2: I'm Nate. 8 00:00:41,524 --> 00:00:45,084 Speaker 1: Welcome to Las Vegas, and Maria me, Welcome to Las Vegas. 9 00:00:45,084 --> 00:00:47,724 Speaker 2: Beautiful Las Vegas. Is it beautiful? 10 00:00:47,764 --> 00:00:50,524 Speaker 1: Las fig fabulous, fabulous, beautiful. 11 00:00:50,564 --> 00:00:51,204 Speaker 2: It's impressive. 12 00:00:51,724 --> 00:00:55,684 Speaker 1: No, but but but Las Vegas is actually gorgeous For 13 00:00:55,764 --> 00:00:58,084 Speaker 1: people who haven't been here, Just go off Strip, go 14 00:00:58,164 --> 00:01:01,164 Speaker 1: to Red Rock, go to the Spring Mountains, like there 15 00:01:01,244 --> 00:01:05,084 Speaker 1: is some absolutely breathtaking beauty out here. Anyway, So on 16 00:01:05,124 --> 00:01:08,524 Speaker 1: the show today, Nate, during this twenty twenty five World 17 00:01:08,564 --> 00:01:11,244 Speaker 1: Series of Poker, we're going to be all in on poker. 18 00:01:11,604 --> 00:01:14,084 Speaker 1: So you and I have just played our first event. 19 00:01:14,124 --> 00:01:16,404 Speaker 1: We're going to be talking about changes in the World Series, 20 00:01:16,724 --> 00:01:19,364 Speaker 1: your ability to know your opponent, and then we're going 21 00:01:19,404 --> 00:01:22,844 Speaker 1: to have a special guest on whom neither one of 22 00:01:22,964 --> 00:01:26,284 Speaker 1: us has met, and it's a poker newbie, and we'll 23 00:01:26,284 --> 00:01:27,924 Speaker 1: be offering some poker lessons. 24 00:01:27,964 --> 00:01:34,084 Speaker 2: Yeah, I've been here for forty six hours. I've played 25 00:01:36,084 --> 00:01:39,204 Speaker 2: I think twenty two hours of poker in those forty 26 00:01:39,204 --> 00:01:42,844 Speaker 2: six hours I have. You know, you've already had something 27 00:01:42,844 --> 00:01:45,084 Speaker 2: which is increasingly common America day. There was a shooting 28 00:01:45,124 --> 00:01:47,844 Speaker 2: on the Las Vegas Strip the first night I got in, 29 00:01:47,844 --> 00:01:51,964 Speaker 2: which was terrifying to everybody involved. So I feel we're 30 00:01:51,964 --> 00:01:54,244 Speaker 2: a bit or worse very fully immersed in the Las 31 00:01:54,324 --> 00:01:57,964 Speaker 2: Vegas experience already. But yeah, the as Sensible well, yeah, 32 00:01:58,004 --> 00:02:00,764 Speaker 2: the as Sensible origin story of our meeting and the 33 00:02:00,804 --> 00:02:03,244 Speaker 2: show is poker, and so we're going to lean a 34 00:02:03,284 --> 00:02:05,764 Speaker 2: little bit into poker. It was also recently out at 35 00:02:05,804 --> 00:02:11,284 Speaker 2: the Manifest conference in Berkeley, California, downloading with people on 36 00:02:11,604 --> 00:02:13,684 Speaker 2: AI and effective algorism and other things. Maybe we'll talk 37 00:02:13,724 --> 00:02:15,404 Speaker 2: about that next week. One thing I've been looking forward 38 00:02:15,404 --> 00:02:17,244 Speaker 2: to this year is like it's not an election year, 39 00:02:17,964 --> 00:02:22,404 Speaker 2: so I can focus a lot more and I want 40 00:02:22,404 --> 00:02:23,924 Speaker 2: to talk about some changes or we want to talk 41 00:02:23,924 --> 00:02:27,044 Speaker 2: about some changes to how, yeah, how the World Series 42 00:02:27,044 --> 00:02:29,204 Speaker 2: actually played. I think it's a very fundamental change that 43 00:02:29,244 --> 00:02:33,124 Speaker 2: players are downplaying that has profound effects for the strategy. 44 00:02:33,164 --> 00:02:34,764 Speaker 2: So should I explain or do you want to explain it? 45 00:02:35,204 --> 00:02:37,724 Speaker 1: No, go ahead and explain, But first, can we just 46 00:02:37,764 --> 00:02:40,564 Speaker 1: give a congratulations to us. So Nate and I, Well, 47 00:02:40,644 --> 00:02:42,764 Speaker 1: Nate played one event while I still wasn't here. But 48 00:02:42,884 --> 00:02:45,604 Speaker 1: yesterday I played my first event and Nate played his second. 49 00:02:45,684 --> 00:02:49,364 Speaker 1: We both cashed. You know, we had a nice dinner 50 00:02:49,524 --> 00:02:52,484 Speaker 1: and then went back to play. And Nate, you ended 51 00:02:52,564 --> 00:02:54,004 Speaker 1: up busting at the very end of the day, but 52 00:02:54,084 --> 00:02:56,124 Speaker 1: you did cash. You did make the money, which is great. 53 00:02:56,324 --> 00:02:59,324 Speaker 1: We're taping this on Tuesday. I'm about to restart day two. 54 00:02:59,724 --> 00:03:04,284 Speaker 1: I apologize to all our listeners and our viewers. I'm 55 00:03:04,324 --> 00:03:07,324 Speaker 1: going to be caffeinating this entire time because I've gotten 56 00:03:07,404 --> 00:03:09,764 Speaker 1: all of like four hours of sleep. But I have 57 00:03:09,844 --> 00:03:12,804 Speaker 1: really cute elephants on my on my coffee cups. 58 00:03:13,004 --> 00:03:16,204 Speaker 2: I have a sugar free read. So I'm joining you, beautiful. 59 00:03:16,284 --> 00:03:20,604 Speaker 1: Okay, so cheers to the risky business poker caffeination. But yeah, 60 00:03:20,684 --> 00:03:24,804 Speaker 1: this year, so I arrived and my experience registering and 61 00:03:24,804 --> 00:03:27,524 Speaker 1: getting to my tabil was completely different because there's kind 62 00:03:27,524 --> 00:03:29,724 Speaker 1: of this new component of the world series which is 63 00:03:30,084 --> 00:03:33,004 Speaker 1: all online and it actually gives you access to all 64 00:03:33,044 --> 00:03:34,404 Speaker 1: the players. So, Nate, do you want to talk a 65 00:03:34,444 --> 00:03:38,564 Speaker 1: little bit about this and what it actually means for 66 00:03:39,244 --> 00:03:41,844 Speaker 1: you know, how you approach your day one table, which 67 00:03:41,844 --> 00:03:44,244 Speaker 1: has never been possible at the World Series before. I 68 00:03:44,284 --> 00:03:46,244 Speaker 1: just want to say it's always been possible at Poker Stars. 69 00:03:46,284 --> 00:03:49,164 Speaker 1: I am a Poker Stars ambassador, but the Poker Stars 70 00:03:49,204 --> 00:03:52,284 Speaker 1: Live app has been light years ahead. However, at the 71 00:03:52,284 --> 00:03:54,204 Speaker 1: World Series this has just been introduced. 72 00:03:54,364 --> 00:03:56,804 Speaker 2: Yeah, the app is called wslp Plus. You can sign 73 00:03:56,884 --> 00:04:00,684 Speaker 2: up now with bonus code risky business for Twitter. No, No, 74 00:04:00,764 --> 00:04:01,484 Speaker 2: that's not true. 75 00:04:01,724 --> 00:04:02,524 Speaker 1: That would be funny. 76 00:04:02,844 --> 00:04:04,644 Speaker 2: So to have a new app. The word Star's poker 77 00:04:04,724 --> 00:04:07,324 Speaker 2: brand was bought by gg Poker, which is an online 78 00:04:07,324 --> 00:04:09,764 Speaker 2: poker provider. You don't have to care about that detail. Well, 79 00:04:09,924 --> 00:04:13,324 Speaker 2: what's interesting is that it's de anonymized poker in a 80 00:04:13,364 --> 00:04:15,204 Speaker 2: way that I think is kind of radical. Right, So 81 00:04:15,284 --> 00:04:17,364 Speaker 2: you show up at your table, you're on the app, 82 00:04:17,364 --> 00:04:19,564 Speaker 2: by the way, make sure your phone is charged fully. 83 00:04:19,564 --> 00:04:21,684 Speaker 2: It's a big disadvantage to have your phone shut off. 84 00:04:21,764 --> 00:04:21,844 Speaker 3: Right. 85 00:04:21,924 --> 00:04:24,444 Speaker 2: You can play, but you lose info and you know 86 00:04:24,524 --> 00:04:28,484 Speaker 2: the names of almost every player at the table. There's 87 00:04:28,524 --> 00:04:31,204 Speaker 2: a weird loophole where you're kind of allowed to be 88 00:04:31,284 --> 00:04:33,604 Speaker 2: quasi anonymous, which maybe we'll talk about maybe not, which 89 00:04:33,644 --> 00:04:36,684 Speaker 2: I think is like unfair. But yeah, before you show 90 00:04:36,724 --> 00:04:37,644 Speaker 2: up to dates, wasn't there. 91 00:04:38,004 --> 00:04:39,924 Speaker 1: I'm sorry, I just want to interject here with a 92 00:04:39,924 --> 00:04:42,444 Speaker 1: bit of humor. I think one of the first final tables, 93 00:04:42,444 --> 00:04:44,284 Speaker 1: there was some I don't remember what his name was, 94 00:04:44,284 --> 00:04:46,924 Speaker 1: but it was something like Big Balls sixty nine. Yeah, 95 00:04:47,204 --> 00:04:49,764 Speaker 1: made the final table. It wasn't actually that, but like 96 00:04:49,884 --> 00:04:52,964 Speaker 1: it was very very close to that, and everyone was like, hey, 97 00:04:53,284 --> 00:04:55,604 Speaker 1: w sop, what's going on? And he ended up making 98 00:04:55,644 --> 00:04:57,684 Speaker 1: it like to the top three. He almost want to break. 99 00:04:57,644 --> 00:04:59,964 Speaker 2: Like a D four twenty or something. It is like, 100 00:05:00,004 --> 00:05:00,364 Speaker 2: can you. 101 00:05:00,364 --> 00:05:03,244 Speaker 1: Can you imagine, like you know, Big Balls sixty nine 102 00:05:03,284 --> 00:05:07,764 Speaker 1: winning his first World Series of Poker bracelets anyway, please 103 00:05:07,804 --> 00:05:09,844 Speaker 1: contain mostly. 104 00:05:09,924 --> 00:05:11,964 Speaker 2: For eighty or ninety percent of the players, it will 105 00:05:12,004 --> 00:05:15,004 Speaker 2: say Maria Kinakova, and I can google Maria kind of Kova, 106 00:05:15,124 --> 00:05:19,484 Speaker 2: right or look apprehended mob. That's basically the database if 107 00:05:19,484 --> 00:05:21,844 Speaker 2: you're a baseball fan, the Baseball Reference of poker, where 108 00:05:21,884 --> 00:05:25,484 Speaker 2: every cash you've ever had in a live tournament is 109 00:05:25,484 --> 00:05:30,044 Speaker 2: contained there your bio. You can infer age and things, 110 00:05:30,164 --> 00:05:32,804 Speaker 2: I mean can for age in real life. Right, So, 111 00:05:32,964 --> 00:05:34,964 Speaker 2: but like but all of a sudden you start out 112 00:05:34,964 --> 00:05:38,124 Speaker 2: with a lot of information about people. And I find 113 00:05:38,164 --> 00:05:43,124 Speaker 2: this quite radical, Like I said, because from the start, 114 00:05:43,364 --> 00:05:46,204 Speaker 2: I'll speak for myself. Right from the start, I'm thinking 115 00:05:46,284 --> 00:05:50,044 Speaker 2: in terms of what are the flaws likely to be 116 00:05:50,684 --> 00:05:53,884 Speaker 2: in this person's game, as opposed to starting out from 117 00:05:54,044 --> 00:05:57,604 Speaker 2: a default where you're like, Okay, I'm playing some game theory, 118 00:05:57,644 --> 00:06:01,444 Speaker 2: optimal style relative to like the population, You're like, okay, 119 00:06:02,124 --> 00:06:03,004 Speaker 2: I know this type. 120 00:06:03,084 --> 00:06:03,244 Speaker 4: You know. 121 00:06:03,364 --> 00:06:08,004 Speaker 2: Let's take some prototypes, for example, Right, one prototype is 122 00:06:08,004 --> 00:06:11,444 Speaker 2: a guy most Pooka players in the World Series are men, right, 123 00:06:11,804 --> 00:06:14,604 Speaker 2: who had a big cash in a World Series event 124 00:06:15,084 --> 00:06:18,324 Speaker 2: a few years ago. You look at his results and 125 00:06:18,364 --> 00:06:20,844 Speaker 2: they've been mediocre since then, and that might give you 126 00:06:20,884 --> 00:06:24,324 Speaker 2: certain prototypes. Right. You know, here's a guy who might 127 00:06:24,364 --> 00:06:27,004 Speaker 2: be a little bit tilty potentially, at the same time, 128 00:06:27,044 --> 00:06:29,244 Speaker 2: if you get deep in the tournament, it's not his 129 00:06:29,284 --> 00:06:33,084 Speaker 2: first rodeo. That might matter to some degree. Right, you know. 130 00:06:33,124 --> 00:06:36,324 Speaker 2: There are some older players who can play a little 131 00:06:36,324 --> 00:06:38,924 Speaker 2: bit and just kind of look like generic old guys. Right. 132 00:06:39,324 --> 00:06:41,524 Speaker 2: If you just played against them, you might fold too 133 00:06:41,604 --> 00:06:45,124 Speaker 2: much in the first couple of orbits. Typically, older players 134 00:06:45,164 --> 00:06:47,764 Speaker 2: are less inclined to bluff by stereotype. At least Trapp. 135 00:06:47,764 --> 00:06:49,684 Speaker 2: You're like, Oh, this guy is like four million dollars 136 00:06:49,724 --> 00:06:53,564 Speaker 2: in lifetime tournament winnings and he's still cashing regularly and 137 00:06:53,644 --> 00:06:57,164 Speaker 2: probably pretty good in things like that. And so you're 138 00:06:57,164 --> 00:07:00,084 Speaker 2: relying in some sense less on crude stereotypes and more 139 00:07:00,204 --> 00:07:05,124 Speaker 2: on solid information. It's also an experience where I mean, 140 00:07:05,164 --> 00:07:08,524 Speaker 2: both Marie, you and I are public figures by like 141 00:07:08,564 --> 00:07:14,244 Speaker 2: the slander libel definition, right, it removes some ambiguity and 142 00:07:14,444 --> 00:07:17,724 Speaker 2: awkwardness about like, oh, do you know who I am? 143 00:07:17,884 --> 00:07:19,684 Speaker 2: Or do I know who you are? Right? As a 144 00:07:19,724 --> 00:07:22,764 Speaker 2: person who's like slightly socially awkward, I'm like, oh, I 145 00:07:22,764 --> 00:07:26,404 Speaker 2: think that's so. For example, the poker player Lexi Gavin, 146 00:07:26,604 --> 00:07:29,404 Speaker 2: who is a terrific player, but I don't think i've 147 00:07:29,404 --> 00:07:33,044 Speaker 2: met in person before, right, friends and friends, She's like, oh, 148 00:07:33,084 --> 00:07:34,844 Speaker 2: your Nate. I'm like, oh you're Lexi, great to meet you. Right, 149 00:07:35,244 --> 00:07:36,844 Speaker 2: It's nice to have that instead of being like are 150 00:07:36,884 --> 00:07:39,004 Speaker 2: you when you're in the middle of a poker. 151 00:07:38,764 --> 00:07:43,924 Speaker 1: Hen, yeah, So I think that, you know, there's a 152 00:07:44,004 --> 00:07:47,804 Speaker 1: really interesting shift that happens when you actually know who 153 00:07:47,884 --> 00:07:52,084 Speaker 1: somebody is so normally like and this is what you're 154 00:07:52,164 --> 00:07:55,724 Speaker 1: I think implying when you're talking about kind of the 155 00:07:55,724 --> 00:08:00,364 Speaker 1: the ability to adjust to who's at the table. So 156 00:08:00,444 --> 00:08:02,324 Speaker 1: normally when you sit at the table, And this is 157 00:08:02,364 --> 00:08:06,404 Speaker 1: always my advice when you know, when people ask me like, oh, 158 00:08:06,444 --> 00:08:08,764 Speaker 1: you know, how do you play? Like, well, the beautiful 159 00:08:08,804 --> 00:08:11,684 Speaker 1: thing about like actually studying and knowing your GTO or 160 00:08:11,724 --> 00:08:13,804 Speaker 1: game theory optimal way of playing is that you have 161 00:08:13,844 --> 00:08:16,044 Speaker 1: a baseline, right, you have kind of this baseline that 162 00:08:16,084 --> 00:08:19,564 Speaker 1: you play like your your solid poker game. And I 163 00:08:19,604 --> 00:08:22,764 Speaker 1: always say, I always caution people like, don't deviate based 164 00:08:22,804 --> 00:08:25,644 Speaker 1: on too little information because it's too easy. You know, 165 00:08:25,684 --> 00:08:28,524 Speaker 1: if someone's raising, like the first ten hands at the table, 166 00:08:28,524 --> 00:08:30,564 Speaker 1: you're like, oh my god, this person's a maniac. Well 167 00:08:30,724 --> 00:08:33,044 Speaker 1: like maybe, but maybe they've just been getting you know, 168 00:08:33,204 --> 00:08:36,124 Speaker 1: really good card distribution that happens, or if someone has folded, 169 00:08:36,484 --> 00:08:38,044 Speaker 1: they might not be a knit like there might be 170 00:08:38,124 --> 00:08:40,524 Speaker 1: other things going on. And so I always say, like, 171 00:08:40,564 --> 00:08:44,004 Speaker 1: don't over adjust immediately and make sure that you're adjusting 172 00:08:44,044 --> 00:08:46,804 Speaker 1: based on solid data because it's so easy. So night 173 00:08:46,924 --> 00:08:50,124 Speaker 1: you actually bring up one of the you know, one 174 00:08:50,124 --> 00:08:53,004 Speaker 1: of those there are poker stereotypes, and one of them 175 00:08:53,124 --> 00:08:55,084 Speaker 1: is that you know, the the nitty old guy who 176 00:08:55,164 --> 00:08:58,244 Speaker 1: never who never bluffs. And then but those guys, by 177 00:08:58,244 --> 00:08:59,884 Speaker 1: the way, if you're ever at a table with them, 178 00:08:59,884 --> 00:09:01,964 Speaker 1: they're then capable of once they'd been card dead and 179 00:09:01,964 --> 00:09:04,644 Speaker 1: they get frustrated, they will go crazy with eight three offsuit. 180 00:09:04,964 --> 00:09:07,084 Speaker 1: That's I just picked a random hand. That's not a 181 00:09:07,084 --> 00:09:09,084 Speaker 1: good poker hand. But like they're also capable of doing 182 00:09:09,164 --> 00:09:11,644 Speaker 1: that all of a sudden, like they'll blow up anyway. 183 00:09:11,724 --> 00:09:13,484 Speaker 1: So one of the stereotypes is like that, there's the 184 00:09:13,684 --> 00:09:16,044 Speaker 1: older guy. Then you also have like I've made this 185 00:09:16,084 --> 00:09:18,964 Speaker 1: mistake when you have like the really jacked dudes who 186 00:09:19,004 --> 00:09:22,044 Speaker 1: look like they're on steroids, you know, the big necks, tattoos. 187 00:09:22,044 --> 00:09:23,804 Speaker 1: I'm like, well, you're going to be super aggressive, right, 188 00:09:24,164 --> 00:09:27,204 Speaker 1: That's not always the case, Like sometimes they're actually really 189 00:09:27,244 --> 00:09:30,884 Speaker 1: tight players like you. Normally, what our brain does from 190 00:09:30,884 --> 00:09:34,044 Speaker 1: the psychology standpoint, is it stereotypes based on how people look. 191 00:09:34,364 --> 00:09:37,564 Speaker 1: Like that's the first thing, that's the first available information 192 00:09:37,644 --> 00:09:39,204 Speaker 1: that we have. People do it to me all the 193 00:09:39,204 --> 00:09:41,564 Speaker 1: time because I'm a female, right, Like that's the most 194 00:09:41,604 --> 00:09:44,284 Speaker 1: striking thing about me, because Nate, as you say, most 195 00:09:44,284 --> 00:09:46,964 Speaker 1: players are male at the World Series in any given event, 196 00:09:47,284 --> 00:09:51,244 Speaker 1: it's under ten percent in most events, under five in 197 00:09:51,284 --> 00:09:54,684 Speaker 1: some events. You know, it's tiny percentages of females. So 198 00:09:55,644 --> 00:09:57,644 Speaker 1: you know that's something that really stands out about me. 199 00:09:58,044 --> 00:10:01,804 Speaker 1: What this does is it actually allows you to use 200 00:10:02,004 --> 00:10:05,164 Speaker 1: real data and real information as opposed to cognitive biases 201 00:10:05,204 --> 00:10:08,484 Speaker 1: and cognitive shortcuts, some of which can be meaningful, but 202 00:10:08,564 --> 00:10:10,924 Speaker 1: most of which are just noise, and yet our brain 203 00:10:10,964 --> 00:10:12,764 Speaker 1: doesn't process them as noise. We're like, oh, you know, 204 00:10:12,764 --> 00:10:15,004 Speaker 1: I've met this kind of person all the time. Yeah, 205 00:10:15,004 --> 00:10:17,044 Speaker 1: but you haven't met this person, right, and they might 206 00:10:17,084 --> 00:10:19,924 Speaker 1: just remind you of someone incorrectly. And so when you 207 00:10:20,084 --> 00:10:22,644 Speaker 1: have the name, if you're not lazy, and by the way, 208 00:10:22,684 --> 00:10:26,684 Speaker 1: a lot of people are like, oh yeah, if you're 209 00:10:26,724 --> 00:10:29,084 Speaker 1: not lazy, and you shouldn't be lazy. If you're listening 210 00:10:29,124 --> 00:10:32,324 Speaker 1: to this, well, actually, excuse me. If you're playing at 211 00:10:32,364 --> 00:10:35,204 Speaker 1: my table, please go ahead and keep being lazy. If 212 00:10:35,204 --> 00:10:38,004 Speaker 1: you're not at my table, don't be lazy. Like take 213 00:10:38,044 --> 00:10:41,644 Speaker 1: the five minutes that it takes to look up these people, 214 00:10:42,484 --> 00:10:47,204 Speaker 1: because their lifetime earnings matter how they're doing recently. So 215 00:10:47,284 --> 00:10:49,844 Speaker 1: if you understand the psychology of this, you know, like, oh, 216 00:10:49,884 --> 00:10:52,284 Speaker 1: did this person just have a huge score, right, Like 217 00:10:52,324 --> 00:10:54,604 Speaker 1: they're going to be playing very very differently from someone 218 00:10:54,644 --> 00:10:56,244 Speaker 1: who's made a lot of money, but their last big 219 00:10:56,284 --> 00:10:59,524 Speaker 1: score was ten years ago. Right, How has this person 220 00:10:59,564 --> 00:11:02,404 Speaker 1: been playing this world series? Have they cashed every event 221 00:11:02,484 --> 00:11:04,684 Speaker 1: or have they had zero cashes? That, by the way's 222 00:11:04,684 --> 00:11:06,924 Speaker 1: information you can see in the app. So there's so 223 00:11:07,044 --> 00:11:10,724 Speaker 1: much valuable information that is actual data. And then Nate, 224 00:11:10,884 --> 00:11:13,484 Speaker 1: as you were talking, then you can start adjusting, right, 225 00:11:13,524 --> 00:11:15,924 Speaker 1: because I think that the World Series of Poker is 226 00:11:15,964 --> 00:11:19,884 Speaker 1: actually somewhere where exploited of poker is much more meaningful 227 00:11:20,044 --> 00:11:23,884 Speaker 1: than just like being absolutely game theory optimal. And what 228 00:11:23,924 --> 00:11:26,804 Speaker 1: that means is that you want to start adjusting your strategy. 229 00:11:27,044 --> 00:11:29,444 Speaker 1: This is such good advice, by the way, for just 230 00:11:29,524 --> 00:11:31,924 Speaker 1: life in general, where you should have a baseline way 231 00:11:31,964 --> 00:11:35,484 Speaker 1: of behaving and acting and negotiating and making decisions, but 232 00:11:35,524 --> 00:11:39,084 Speaker 1: then when you get into situations where like you're at 233 00:11:39,124 --> 00:11:41,564 Speaker 1: a table of fish, you're going to adjust. Yeah. 234 00:11:41,564 --> 00:11:44,524 Speaker 2: Look, I actually kind of have become more critical of 235 00:11:44,644 --> 00:11:48,044 Speaker 2: like a lot of poker content on the web, right, 236 00:11:48,124 --> 00:11:50,484 Speaker 2: especially the more expensive content that you pay more for. 237 00:11:50,724 --> 00:11:53,684 Speaker 2: And I'm friends with some of the content creators. It's 238 00:11:53,724 --> 00:11:58,164 Speaker 2: geared toward this environment where it's elite players versus elite players. 239 00:11:58,204 --> 00:12:02,204 Speaker 2: It's very driven by solvers and game theory, and I 240 00:12:02,404 --> 00:12:06,524 Speaker 2: just don't think that's where you make the money in poker. 241 00:12:06,564 --> 00:12:10,684 Speaker 2: For ninety nine nine percent of the poker playing population, right, 242 00:12:10,884 --> 00:12:15,444 Speaker 2: I have played more live cash games in the past 243 00:12:15,444 --> 00:12:17,404 Speaker 2: two years, probably spent as much time doing that as 244 00:12:17,404 --> 00:12:20,524 Speaker 2: tournaments ranging from low stakes to prett high stakes. And 245 00:12:20,564 --> 00:12:23,164 Speaker 2: in cash games, the game doesn't happen if you're in 246 00:12:23,284 --> 00:12:26,844 Speaker 2: some gto optimal world, because no one would play just 247 00:12:26,924 --> 00:12:31,204 Speaker 2: to pass chips around and give the casino k or 248 00:12:31,204 --> 00:12:33,524 Speaker 2: the home game rank or whatever else. So from the 249 00:12:33,564 --> 00:12:36,084 Speaker 2: start you're in like an exploitive environment where you're looking 250 00:12:36,084 --> 00:12:38,644 Speaker 2: for people's backstories, you're looking for fiscal read, you're looking 251 00:12:38,644 --> 00:12:42,044 Speaker 2: for game flow, meaning what's happened recently. People can really 252 00:12:42,084 --> 00:12:46,364 Speaker 2: overweight right, what happened in the last fifteen minutes, right, 253 00:12:46,444 --> 00:12:48,644 Speaker 2: whereas like they were like, oh, well that hasn't raised 254 00:12:48,644 --> 00:12:52,124 Speaker 2: in an hour, he's been well behaved, you know. And 255 00:12:52,284 --> 00:12:54,364 Speaker 2: I also think kind of as a person who's now 256 00:12:54,404 --> 00:12:56,564 Speaker 2: forty seven years old, like I think my comparative strengths 257 00:12:56,604 --> 00:13:00,844 Speaker 2: are actually in soft skills in poker, you might think that, 258 00:13:00,924 --> 00:13:04,124 Speaker 2: like Nate's a math guy, right, well, all these people 259 00:13:04,164 --> 00:13:06,524 Speaker 2: are math nerds, or not all of them, but many 260 00:13:06,564 --> 00:13:10,164 Speaker 2: of them. Right. You know, I think that I, in 261 00:13:10,204 --> 00:13:13,484 Speaker 2: a poker context like read people pretty well. I think 262 00:13:13,524 --> 00:13:15,484 Speaker 2: I'm pretty good at like kind of like how much 263 00:13:15,484 --> 00:13:20,004 Speaker 2: should you update? Okay, does a Brazilian play better than 264 00:13:20,084 --> 00:13:22,564 Speaker 2: a guy from Boston or a guy from Israel or 265 00:13:22,604 --> 00:13:26,284 Speaker 2: a guy from Japan or whatever else? Right? The stereotype's 266 00:13:26,284 --> 00:13:28,924 Speaker 2: not worth nothing, Let's be honest, right, if you're trying 267 00:13:28,924 --> 00:13:31,044 Speaker 2: to play poker, you can't. You have to like take 268 00:13:31,084 --> 00:13:34,124 Speaker 2: any information you can, but it's worth not very much. 269 00:13:34,124 --> 00:13:36,044 Speaker 2: And how much are you adjusting to that? How much 270 00:13:36,044 --> 00:13:37,244 Speaker 2: are you type casting people? 271 00:13:38,204 --> 00:13:40,844 Speaker 1: Yeah, it's so funny Nate yesterday, you know when you 272 00:13:40,884 --> 00:13:44,564 Speaker 1: say that people, So the recency bias is a really 273 00:13:44,604 --> 00:13:48,004 Speaker 1: strong bias in psychology where people overweight recent information, right, 274 00:13:48,204 --> 00:13:52,444 Speaker 1: what just happened? And in poker that happens all the time, 275 00:13:52,484 --> 00:13:56,044 Speaker 1: where people just really overweight like the last ten minutes, 276 00:13:56,044 --> 00:13:58,924 Speaker 1: the last half hour, the last hour, and they'll think 277 00:13:58,924 --> 00:14:01,284 Speaker 1: that you fall into a bucket. And it was very 278 00:14:01,324 --> 00:14:03,564 Speaker 1: funny because there was this one player at my table 279 00:14:04,004 --> 00:14:07,324 Speaker 1: that you know, I got into kind of several confrontations 280 00:14:07,364 --> 00:14:10,444 Speaker 1: with and got the better of him, and those confrontations 281 00:14:10,444 --> 00:14:13,444 Speaker 1: took some of his chips, and then you know, I 282 00:14:13,644 --> 00:14:16,924 Speaker 1: was kind of I was well behaved for the most part. 283 00:14:17,004 --> 00:14:19,244 Speaker 1: It's not like I was going crazy. And then like 284 00:14:19,484 --> 00:14:22,404 Speaker 1: three orbits later, like I raise and he is in 285 00:14:22,444 --> 00:14:24,844 Speaker 1: the small blind and he kind of looks around because 286 00:14:24,844 --> 00:14:27,724 Speaker 1: he's getting a massage, so he's not necessarily like paying 287 00:14:27,764 --> 00:14:30,364 Speaker 1: attention to everything, and he's like, oh, there's a raise. 288 00:14:30,404 --> 00:14:32,724 Speaker 1: He's like, it's Maria again. I was like, I haven't 289 00:14:32,804 --> 00:14:35,644 Speaker 1: raised for three orbits, Like literally, this is the first 290 00:14:35,644 --> 00:14:39,404 Speaker 1: hand I've played in like three orbits means like three 291 00:14:39,524 --> 00:14:41,924 Speaker 1: rounds of blinds, like I've just been completely but in 292 00:14:42,004 --> 00:14:45,124 Speaker 1: his mind, I'm a maniac right like, and it's Maria again, 293 00:14:45,404 --> 00:14:49,124 Speaker 1: and he just like his mind just didn't even process 294 00:14:49,244 --> 00:14:52,524 Speaker 1: that I actually haven't been raising that many hands. And 295 00:14:52,724 --> 00:14:56,324 Speaker 1: because he's taking this kind of recent information against himself 296 00:14:56,644 --> 00:14:59,244 Speaker 1: and just skewing completely the data set that he has, 297 00:14:59,484 --> 00:15:03,244 Speaker 1: which prompts people to make big mistakes. So this is 298 00:15:03,284 --> 00:15:05,684 Speaker 1: something that I mean, it happens to the best of us, 299 00:15:05,684 --> 00:15:07,964 Speaker 1: and it's very like I actually always have to remind 300 00:15:07,964 --> 00:15:10,724 Speaker 1: myself not to do that, because it's easy, especially when 301 00:15:10,724 --> 00:15:13,484 Speaker 1: it's against you, to start taking it personally. Right, if 302 00:15:13,524 --> 00:15:16,764 Speaker 1: someone has only three bet three times, three bet means 303 00:15:16,924 --> 00:15:19,604 Speaker 1: raising kind of your your bet. So if someone raises 304 00:15:19,604 --> 00:15:21,644 Speaker 1: and someone else re raises, that's called a three bet, 305 00:15:22,084 --> 00:15:23,964 Speaker 1: and that's kind of an aggressive It's a good thing 306 00:15:24,004 --> 00:15:25,924 Speaker 1: to do. But say there's a player who's only done 307 00:15:25,924 --> 00:15:27,604 Speaker 1: it three times in an hour, but every single one 308 00:15:27,604 --> 00:15:28,844 Speaker 1: of those times has been against you. 309 00:15:29,484 --> 00:15:33,924 Speaker 2: It's it's tricky because players moods change a lot. Right, 310 00:15:34,364 --> 00:15:36,204 Speaker 2: Some people play very different when they're winning them, when 311 00:15:36,204 --> 00:15:37,884 Speaker 2: they're losing, on when they have a big stack, where 312 00:15:37,884 --> 00:15:40,604 Speaker 2: with a small stack. Right, some people are playing attentively. 313 00:15:40,804 --> 00:15:43,084 Speaker 2: And then you know why I think people do they play. 314 00:15:43,204 --> 00:15:45,924 Speaker 2: Other tournaments are online tournaments that you can play while 315 00:15:45,964 --> 00:15:48,124 Speaker 2: you're playing, which I think is stupid for various reasons. Right, 316 00:15:48,124 --> 00:15:50,524 Speaker 2: But like all of a sudden, someone's playing online. 317 00:15:50,764 --> 00:15:53,484 Speaker 1: I have to I'm going to have to make a confession, Nate. 318 00:15:53,524 --> 00:15:56,764 Speaker 1: I sometimes do that. I sometimes engage in that stupid behavior. 319 00:15:57,604 --> 00:15:59,364 Speaker 2: Again, to me, I felt like I've had like a 320 00:15:59,444 --> 00:16:02,244 Speaker 2: trance because like I was so distracted by the election 321 00:16:02,324 --> 00:16:05,804 Speaker 2: at the last World Series, right that, Like, Okay, I 322 00:16:05,804 --> 00:16:11,484 Speaker 2: feel like I'm in taking like fifty percent more information, right, 323 00:16:11,484 --> 00:16:13,524 Speaker 2: and it's just a totally different game you're doing it. Also, 324 00:16:13,524 --> 00:16:16,244 Speaker 2: I'm fresh off off the boat, so to speak. Right, 325 00:16:16,444 --> 00:16:18,524 Speaker 2: I'm sure by two weeks from now, I'll be grizzled 326 00:16:18,844 --> 00:16:20,564 Speaker 2: and the beer will be longer and things like that. 327 00:16:20,644 --> 00:16:23,324 Speaker 2: But like, I really think that, like there is a 328 00:16:23,484 --> 00:16:27,644 Speaker 2: reason that there are certain players who crush live tournaments 329 00:16:27,644 --> 00:16:30,484 Speaker 2: and live cash game, which is there's so much fucking information, right, Like, 330 00:16:30,524 --> 00:16:34,084 Speaker 2: you know, yes, there is. I know I'm becoming kind 331 00:16:34,084 --> 00:16:37,324 Speaker 2: of like an anti gto guy, I think. 332 00:16:37,524 --> 00:16:37,644 Speaker 3: So. 333 00:16:37,684 --> 00:16:40,324 Speaker 1: I think that the moral of the story when it 334 00:16:40,364 --> 00:16:43,724 Speaker 1: comes to kind of this new capability on the WSOP 335 00:16:43,844 --> 00:16:47,244 Speaker 1: app is it's giving you real actionable data with which 336 00:16:47,284 --> 00:16:51,284 Speaker 1: to make decisions and help make your decisions more tailored 337 00:16:51,404 --> 00:16:55,084 Speaker 1: to this specific environment, which is really important, right, Like 338 00:16:55,164 --> 00:16:58,084 Speaker 1: there's a way of quote unquote making good decisions in 339 00:16:58,364 --> 00:17:00,884 Speaker 1: a vacuum, but you're never making decisions in a vacuum. 340 00:17:00,884 --> 00:17:02,284 Speaker 1: And one of the things I always say is you're 341 00:17:02,324 --> 00:17:04,564 Speaker 1: not making decisions in a vacuum. So how do you 342 00:17:04,644 --> 00:17:07,684 Speaker 1: use data to accurately evaluate the situation in which you 343 00:17:07,684 --> 00:17:10,244 Speaker 1: find yourself and this is such a great tool for 344 00:17:10,284 --> 00:17:12,924 Speaker 1: doing that, so don't be lazy, actually use it and 345 00:17:12,964 --> 00:17:14,204 Speaker 1: then adjust according to. 346 00:17:14,364 --> 00:17:17,044 Speaker 2: It really makes it clear you are going to play 347 00:17:17,084 --> 00:17:19,324 Speaker 2: better if you do more work at the table. It's 348 00:17:19,404 --> 00:17:21,324 Speaker 2: less fun when you get there, you get switched tables, 349 00:17:21,484 --> 00:17:24,404 Speaker 2: you're looking people up right, It's definitely more work, but 350 00:17:24,564 --> 00:17:29,604 Speaker 2: like I think, it's a huge advantage or someone who 351 00:17:29,644 --> 00:17:33,044 Speaker 2: is good at working with incomplete information and willing to 352 00:17:33,124 --> 00:17:37,004 Speaker 2: treat poker seriously to try to maximize their expected value. 353 00:17:37,244 --> 00:17:40,724 Speaker 1: Yes, and with that, let's take a quick break and 354 00:17:40,764 --> 00:17:43,804 Speaker 1: then we will introduce our guest for today who's a 355 00:17:43,884 --> 00:17:46,764 Speaker 1: newbie poker player, and we'll be giving him some tips 356 00:17:46,764 --> 00:18:03,644 Speaker 1: for the World Series of Poker. We actually had a 357 00:18:03,684 --> 00:18:07,364 Speaker 1: call out if you remember listeners a few weeks ago, 358 00:18:07,884 --> 00:18:10,604 Speaker 1: where we were looking for an amateur poker player who 359 00:18:10,604 --> 00:18:13,324 Speaker 1: was coming to the World Series and wanted some pointers 360 00:18:13,324 --> 00:18:15,564 Speaker 1: from me and Nate. And as we told you, it 361 00:18:15,604 --> 00:18:18,284 Speaker 1: was the plus ev move to write in and so 362 00:18:18,444 --> 00:18:21,764 Speaker 1: you wanted to do this and some people did. And 363 00:18:21,844 --> 00:18:26,204 Speaker 1: today we have a person who you know, we have 364 00:18:26,364 --> 00:18:29,684 Speaker 1: chosen or our producers have chosen to get some coaching 365 00:18:29,724 --> 00:18:32,804 Speaker 1: advice for this World Series of Poker, which is really exciting. 366 00:18:32,924 --> 00:18:36,604 Speaker 1: His name is Tim Sunstock. So he's already spent one 367 00:18:36,644 --> 00:18:39,724 Speaker 1: weekend at the WSP this year and he'll be returning 368 00:18:39,804 --> 00:18:42,764 Speaker 1: in a couple of weeks. So Nate, let's see if 369 00:18:42,804 --> 00:18:45,484 Speaker 1: we can help Tim improve on his performance. 370 00:18:46,044 --> 00:18:48,124 Speaker 4: Welcome Tim, Thanks for having me. It's cool with me. 371 00:18:48,204 --> 00:18:50,404 Speaker 2: You guys, Tim, where are you from? You want to 372 00:18:50,404 --> 00:18:52,084 Speaker 2: give us a little bit of about your background in 373 00:18:52,204 --> 00:18:53,324 Speaker 2: poker life, et cetera. 374 00:18:53,764 --> 00:18:55,764 Speaker 4: Yeah, so I grew up in Southey, California. 375 00:18:56,124 --> 00:18:58,444 Speaker 3: I kind of probably came into the poker boom during 376 00:18:58,444 --> 00:19:01,884 Speaker 3: the two thousand and three Chris morning Maker thing. I 377 00:19:01,924 --> 00:19:03,244 Speaker 3: was playing a little bit as a kid, you know, 378 00:19:03,324 --> 00:19:05,324 Speaker 3: but that was kind of like the spark. There's a 379 00:19:05,364 --> 00:19:08,484 Speaker 3: lot of Indian casinos around here, so we're able to 380 00:19:08,524 --> 00:19:11,604 Speaker 3: go play when we're eighteen. And I did alright, because 381 00:19:11,604 --> 00:19:14,044 Speaker 3: I was a tight player when I was younger against 382 00:19:14,084 --> 00:19:16,324 Speaker 3: just a whole bunch of crazy geles. So I did alright. 383 00:19:16,524 --> 00:19:18,164 Speaker 3: I thought I was probably a lot better than I was, 384 00:19:18,804 --> 00:19:21,484 Speaker 3: but I you know, I played, We played the house 385 00:19:21,484 --> 00:19:23,364 Speaker 3: games and things over time. The only tournament I ever 386 00:19:23,364 --> 00:19:27,044 Speaker 3: really played there was a WSOP event was twenty twelve, 387 00:19:27,204 --> 00:19:29,044 Speaker 3: I was out in Vegas. It was around fourth of 388 00:19:29,084 --> 00:19:30,684 Speaker 3: July and I played a daily Deep Stack one of 389 00:19:30,724 --> 00:19:32,404 Speaker 3: those little, you know, kind of. 390 00:19:32,404 --> 00:19:35,324 Speaker 4: Catch all kind of tournaments, and I went pretty deep. 391 00:19:35,324 --> 00:19:37,124 Speaker 3: I actually had a pretty bad cour to get out 392 00:19:37,164 --> 00:19:39,284 Speaker 3: of the tournament, but I finished like in fiftieth and 393 00:19:39,324 --> 00:19:41,284 Speaker 3: I was like, maybe maybe I'm better than I think. 394 00:19:41,284 --> 00:19:44,724 Speaker 4: Maybe I could do so. But I never really played 395 00:19:44,804 --> 00:19:48,204 Speaker 4: much after hardly. I just here and there. But I've 396 00:19:48,444 --> 00:19:49,044 Speaker 4: I feel like my. 397 00:19:49,044 --> 00:19:51,244 Speaker 3: Time now, I have more time, and I'm like, I 398 00:19:51,284 --> 00:19:54,084 Speaker 3: kind of wanted to go and I'm okay in cash games. 399 00:19:54,124 --> 00:19:55,884 Speaker 4: That's the problem. I do well in cash games. 400 00:19:55,884 --> 00:19:57,164 Speaker 3: I think it's part of the nature of like the 401 00:19:57,164 --> 00:19:59,244 Speaker 3: way I play, and I need to get a lot better. 402 00:19:59,244 --> 00:20:02,964 Speaker 3: But in tournaments, I just feel like a fish out 403 00:20:02,964 --> 00:20:05,324 Speaker 3: of water, so, you know, And the thing is, I 404 00:20:05,364 --> 00:20:08,084 Speaker 3: really want to go play these WOFP events. So that's 405 00:20:08,124 --> 00:20:09,404 Speaker 3: kind of why I was reaching out. I wanted to 406 00:20:09,404 --> 00:20:11,204 Speaker 3: see if there's maybe a couple of pointers that you 407 00:20:11,204 --> 00:20:11,884 Speaker 3: guys could give. 408 00:20:12,444 --> 00:20:13,724 Speaker 4: And I did read I have read. 409 00:20:13,924 --> 00:20:15,804 Speaker 3: I just you know, I think what sparked me into 410 00:20:15,844 --> 00:20:18,284 Speaker 3: this whole thing as I read your book, Maria, and 411 00:20:18,324 --> 00:20:20,724 Speaker 3: then I read Nate's new book and I started to 412 00:20:20,724 --> 00:20:21,404 Speaker 3: getting a fever. 413 00:20:21,524 --> 00:20:22,804 Speaker 4: You know, there we go. 414 00:20:23,324 --> 00:20:25,804 Speaker 1: Yeah, yeah, yes, wait, mission accomplished. 415 00:20:26,924 --> 00:20:28,084 Speaker 4: I got all our play. 416 00:20:28,284 --> 00:20:30,524 Speaker 1: So so, Tim, you mentioned that you were kind of 417 00:20:30,764 --> 00:20:33,284 Speaker 1: that you did decently well when you just started because 418 00:20:33,284 --> 00:20:35,604 Speaker 1: you were a tighter player. Do you feel like that's 419 00:20:35,684 --> 00:20:37,684 Speaker 1: kind of still the case? Are you someone who kind 420 00:20:37,724 --> 00:20:40,564 Speaker 1: of airs on the side of being a tighter player 421 00:20:40,964 --> 00:20:44,084 Speaker 1: in your cash games? And also, I think this question 422 00:20:44,444 --> 00:20:46,844 Speaker 1: is relevant for Nate who plays cash. I don't really 423 00:20:46,884 --> 00:20:49,124 Speaker 1: play cash, so he'll be able to kind of read 424 00:20:49,164 --> 00:20:50,884 Speaker 1: a little bit more into this. But can you tell 425 00:20:50,964 --> 00:20:52,924 Speaker 1: us also a little bit about the cash games that 426 00:20:52,964 --> 00:20:54,924 Speaker 1: you're used to playing, Like do you play, you know, 427 00:20:55,004 --> 00:20:57,324 Speaker 1: in a low stakes home game? Like what what's the 428 00:20:57,404 --> 00:20:59,484 Speaker 1: environment that you'll be coming to the World series from? 429 00:20:59,844 --> 00:21:02,124 Speaker 1: So those are two questions, but I think they're both important. 430 00:21:02,164 --> 00:21:02,404 Speaker 4: Yeah. 431 00:21:02,404 --> 00:21:04,884 Speaker 3: My I think I think I've done a long cash 432 00:21:04,924 --> 00:21:07,524 Speaker 3: games because I was uldt to tight. I think looking back, 433 00:21:07,564 --> 00:21:08,764 Speaker 3: now that I know a little bit more and I've 434 00:21:08,764 --> 00:21:10,804 Speaker 3: been reading it lately, I'm like, oh my god, I 435 00:21:10,804 --> 00:21:13,044 Speaker 3: was playing so bad. I was playing really tight, you know, 436 00:21:13,044 --> 00:21:15,124 Speaker 3: I was probably leaving kind of money on the table. 437 00:21:15,444 --> 00:21:18,244 Speaker 3: But the games I come from particularly are like one three, 438 00:21:18,324 --> 00:21:19,124 Speaker 3: no limit, you. 439 00:21:19,084 --> 00:21:21,844 Speaker 4: Know, cash games. I've been told it's funny I had. 440 00:21:21,924 --> 00:21:23,404 Speaker 3: I had some dealers one time to tell me that 441 00:21:23,444 --> 00:21:24,724 Speaker 3: you need to move up to the two five game, 442 00:21:24,764 --> 00:21:26,724 Speaker 3: and I'm like, no, I don't think I'm gonna lose there. 443 00:21:26,764 --> 00:21:29,004 Speaker 3: You know, I played like twice at a two to 444 00:21:29,044 --> 00:21:32,524 Speaker 3: five game, and one time I sat around for like 445 00:21:32,524 --> 00:21:34,604 Speaker 3: four orbits before I entered, and I played at really 446 00:21:34,604 --> 00:21:36,164 Speaker 3: big hand, I one big pot, and I jumped off 447 00:21:36,164 --> 00:21:41,804 Speaker 3: and everybody was peoper mad. Okay, yeah, yeah, so one 448 00:21:41,804 --> 00:21:43,564 Speaker 3: three is where I've lived. 449 00:21:43,764 --> 00:21:46,044 Speaker 2: No, I mean cash game if people are playing, I mean, 450 00:21:46,124 --> 00:21:48,244 Speaker 2: in general for our listeners, right, you want to do 451 00:21:48,284 --> 00:21:50,324 Speaker 2: the opposite of what most other people are doing. I 452 00:21:50,324 --> 00:21:51,804 Speaker 2: mean it's a kind of very rough guide. 453 00:21:51,884 --> 00:21:52,004 Speaker 3: Right. 454 00:21:52,044 --> 00:21:54,884 Speaker 2: But like in cash games, if everyone is too loose 455 00:21:55,444 --> 00:21:58,004 Speaker 2: and they call too much, right, then you can make 456 00:21:58,044 --> 00:22:00,764 Speaker 2: a lot of money by what we call nut pedaling, 457 00:22:00,844 --> 00:22:02,644 Speaker 2: meaning only playing the best hands. I think you can 458 00:22:02,684 --> 00:22:05,284 Speaker 2: make much more money than that by like also taking 459 00:22:05,284 --> 00:22:08,284 Speaker 2: advantage of the fact that they have weaker ranges, by 460 00:22:08,364 --> 00:22:10,484 Speaker 2: doing some select the bluffing, a by doing some dinner 461 00:22:10,524 --> 00:22:12,764 Speaker 2: value betting. But but yeah, tim, you get up like 462 00:22:12,804 --> 00:22:14,564 Speaker 2: two five man, what so what are you playing? What 463 00:22:14,604 --> 00:22:15,484 Speaker 2: are you playing out here? 464 00:22:16,004 --> 00:22:16,284 Speaker 3: Are you? 465 00:22:16,324 --> 00:22:19,004 Speaker 2: Are you? You're still California hour? What's your World series schedule? 466 00:22:19,044 --> 00:22:19,084 Speaker 3: Like? 467 00:22:19,084 --> 00:22:21,324 Speaker 2: How many events are you playing in? Which events are they? 468 00:22:21,764 --> 00:22:23,564 Speaker 3: So? Yeah, I could. It was funny because I had 469 00:22:23,604 --> 00:22:25,484 Speaker 3: help plan. Then it got kind of blown out. But 470 00:22:25,484 --> 00:22:27,484 Speaker 3: I go back in July. I want to go back 471 00:22:27,484 --> 00:22:28,684 Speaker 3: in July and play some stuff. 472 00:22:29,564 --> 00:22:29,964 Speaker 4: We'll see. 473 00:22:30,004 --> 00:22:32,244 Speaker 3: I I was looking at like the deep Stack tournaments, 474 00:22:32,324 --> 00:22:34,764 Speaker 3: like the there's like a six hundred dollars deep Stack 475 00:22:34,804 --> 00:22:36,644 Speaker 3: and our eight hundred dollars Deep Stack. Some of the 476 00:22:36,684 --> 00:22:38,764 Speaker 3: other games don't really make sense for my schedule too much, 477 00:22:38,804 --> 00:22:41,124 Speaker 3: and and maybe my skill level. I don't know if 478 00:22:41,124 --> 00:22:43,244 Speaker 3: I really want to jump in yet, but I was 479 00:22:43,244 --> 00:22:45,884 Speaker 3: out there. I was out recently. I played, I came early, 480 00:22:46,004 --> 00:22:49,364 Speaker 3: played some cash games, did pretty well, you know, you know, 481 00:22:49,684 --> 00:22:51,844 Speaker 3: made enough money to cover everything. Then I played the 482 00:22:51,844 --> 00:22:55,364 Speaker 3: six hundred dollars Deep Stack, and I just didn't play well, 483 00:22:55,404 --> 00:22:58,604 Speaker 3: you know. But yeah, so, But ideally what I would 484 00:22:58,644 --> 00:23:01,404 Speaker 3: like to do is get some more time in, play 485 00:23:01,404 --> 00:23:03,444 Speaker 3: some more, read a little bit more. Now go back 486 00:23:03,484 --> 00:23:05,404 Speaker 3: and read some more, because I think I just completely 487 00:23:05,404 --> 00:23:08,324 Speaker 3: glazed over stony concess and then go back and I 488 00:23:08,324 --> 00:23:09,404 Speaker 3: want to try to see if I can make it 489 00:23:09,404 --> 00:23:11,964 Speaker 3: deeper run in those deep stack tournaments. 490 00:23:12,244 --> 00:23:16,804 Speaker 1: Yeah, Tim, I want to actually caution you a little 491 00:23:16,804 --> 00:23:19,364 Speaker 1: bit that sometimes that name deep stack is actually a 492 00:23:19,404 --> 00:23:21,324 Speaker 1: little bit of a misnomer. It gets a lot of 493 00:23:21,324 --> 00:23:24,764 Speaker 1: people to want to play, but those are really fast structures, right, 494 00:23:24,804 --> 00:23:27,364 Speaker 1: So most of those are half hour levels, and it 495 00:23:27,404 --> 00:23:30,644 Speaker 1: becomes a turbo very quickly. So there are other tournaments 496 00:23:30,644 --> 00:23:33,804 Speaker 1: that have a much slower structure that might be actually 497 00:23:33,844 --> 00:23:37,004 Speaker 1: better suited to a cash player. So I would actually 498 00:23:37,044 --> 00:23:39,444 Speaker 1: like as one of my pieces of advice, I would say, 499 00:23:39,684 --> 00:23:44,164 Speaker 1: potentially look at the schedule a second time, to look 500 00:23:44,244 --> 00:23:46,284 Speaker 1: not just at the name, and how many chips think 501 00:23:46,284 --> 00:23:48,044 Speaker 1: A lot of players make the mistake of being like 502 00:23:48,124 --> 00:23:51,164 Speaker 1: I start with four hundred big lines, that's amazing, right, 503 00:23:51,724 --> 00:23:55,324 Speaker 1: but within two hours you're going to have fifty big lines, 504 00:23:55,564 --> 00:23:58,324 Speaker 1: Whereas there's another tournament where you start with two hundred 505 00:23:58,524 --> 00:24:01,284 Speaker 1: and in two hours you'll have you know, one hundred 506 00:24:01,284 --> 00:24:04,444 Speaker 1: and twenty. Right, Like, the blinds move in a very 507 00:24:04,564 --> 00:24:07,764 Speaker 1: very different structure, and it's actually it actually plays much 508 00:24:07,804 --> 00:24:11,284 Speaker 1: deeper for much longer and I think that, and Nay, 509 00:24:11,364 --> 00:24:14,084 Speaker 1: you can correct me if I'm wrong, But I think 510 00:24:14,204 --> 00:24:18,044 Speaker 1: for cash players, one of your big advantages is kind 511 00:24:18,084 --> 00:24:20,884 Speaker 1: of knowing how to be patient in those slower structure 512 00:24:20,884 --> 00:24:23,644 Speaker 1: events as opposed to kind of the more turbo structures 513 00:24:23,644 --> 00:24:27,484 Speaker 1: where I think tournament specialists really thrive because they know 514 00:24:27,524 --> 00:24:30,644 Speaker 1: how to actually keep building their stack. You have to 515 00:24:30,684 --> 00:24:34,804 Speaker 1: be aggressive in those tournaments. Those are tournaments where being patient, 516 00:24:35,004 --> 00:24:38,124 Speaker 1: being kind of a little bit tighter is not rewarded 517 00:24:38,524 --> 00:24:40,844 Speaker 1: because of the way that the structure works, like you 518 00:24:40,884 --> 00:24:44,284 Speaker 1: have to constantly be fighting against the rising blnes. And 519 00:24:44,324 --> 00:24:47,204 Speaker 1: so I think those are two considerations that you should 520 00:24:47,204 --> 00:24:51,164 Speaker 1: think about as you kind of consider what are my strengths. 521 00:24:51,204 --> 00:24:53,364 Speaker 1: Because one of the things I learned when I was 522 00:24:53,404 --> 00:24:56,444 Speaker 1: starting is don't try to reinvent the wheel at the 523 00:24:56,444 --> 00:25:00,044 Speaker 1: beginning for a tournament series. So even if there are 524 00:25:00,044 --> 00:25:01,684 Speaker 1: things you want to work on, like if you try 525 00:25:01,724 --> 00:25:04,644 Speaker 1: to implement twenty new things into your game as you 526 00:25:04,804 --> 00:25:07,044 Speaker 1: enter a new tournament, it's not going to go well 527 00:25:07,084 --> 00:25:09,724 Speaker 1: because you haven't practiced, you're not comfortable with it, And 528 00:25:09,764 --> 00:25:12,844 Speaker 1: so I would say, instead, try to optimize on your strengths. Right, 529 00:25:12,884 --> 00:25:15,884 Speaker 1: figure out what am I best at as a poker player. 530 00:25:16,284 --> 00:25:19,404 Speaker 1: I'm a patient cash player, right, and so how what 531 00:25:19,444 --> 00:25:22,284 Speaker 1: are the tournaments where that's going to be more of 532 00:25:22,324 --> 00:25:22,924 Speaker 1: an asset. 533 00:25:23,164 --> 00:25:23,364 Speaker 2: Yeah. 534 00:25:23,364 --> 00:25:25,564 Speaker 3: I think it's funny because I feel pretty comfortable in 535 00:25:25,644 --> 00:25:27,804 Speaker 3: cash game. And then I hopped into that tournament. Immediately 536 00:25:27,884 --> 00:25:30,084 Speaker 3: I felt like the clock was like burning behind me. 537 00:25:30,484 --> 00:25:33,444 Speaker 3: Now I was just doing or like not typical of 538 00:25:33,444 --> 00:25:34,124 Speaker 3: the way I would play. 539 00:25:34,124 --> 00:25:34,684 Speaker 4: And it was weird too. 540 00:25:34,884 --> 00:25:37,764 Speaker 3: We started we started five handed in that tournament for 541 00:25:37,764 --> 00:25:41,324 Speaker 3: a while, and that was different. So five handed, I 542 00:25:41,404 --> 00:25:43,524 Speaker 3: was like, I need to push these people around right now, 543 00:25:43,604 --> 00:25:45,284 Speaker 3: you know. And I was just getting caught. I was 544 00:25:45,284 --> 00:25:47,324 Speaker 3: getting caught with I was really I was in hands 545 00:25:47,324 --> 00:25:50,004 Speaker 3: where just they just had bluffs, you know, And and 546 00:25:50,084 --> 00:25:51,604 Speaker 3: I was getting in the spots like what am I doing? 547 00:25:51,644 --> 00:25:53,164 Speaker 3: And I was so uncomfortable. I think that was the 548 00:25:53,204 --> 00:25:55,604 Speaker 3: reason why. So that's a good point. I'll I'm going 549 00:25:55,684 --> 00:25:58,044 Speaker 3: to look back at the structures and see I'll take 550 00:25:58,044 --> 00:26:00,404 Speaker 3: a little bit of a deeper dive into some better 551 00:26:00,404 --> 00:26:01,244 Speaker 3: tournaments for sure. 552 00:26:02,404 --> 00:26:04,284 Speaker 2: Yeah. Look, let me let me say a couple of things. 553 00:26:04,324 --> 00:26:07,204 Speaker 2: One is that like if you're used to generally playing 554 00:26:07,364 --> 00:26:10,164 Speaker 2: tighter relative to the players at the table, right, Like, 555 00:26:10,204 --> 00:26:13,284 Speaker 2: I'm not super tight, but in these cash games, they're 556 00:26:13,284 --> 00:26:15,484 Speaker 2: really splashy. They're New York City cash games for the 557 00:26:15,484 --> 00:26:17,684 Speaker 2: most part, right, And so I'm like, I think playing 558 00:26:17,684 --> 00:26:19,644 Speaker 2: correctly about one of the tighter players. And when you 559 00:26:19,644 --> 00:26:22,764 Speaker 2: have a tighter range pre flop, then it's just such 560 00:26:22,764 --> 00:26:25,084 Speaker 2: an advantage if you know how to press it post slop, 561 00:26:25,124 --> 00:26:27,564 Speaker 2: you can bet thin for value, you can make bluffs 562 00:26:27,564 --> 00:26:29,124 Speaker 2: because they miss so many flops when you have a 563 00:26:29,164 --> 00:26:32,324 Speaker 2: tighter range, right, you can obviously try to extract money 564 00:26:32,324 --> 00:26:36,084 Speaker 2: when you have very strong hands the nuts in various ways. 565 00:26:36,164 --> 00:26:39,244 Speaker 2: But yeah, if you are one of the looser players 566 00:26:39,284 --> 00:26:43,964 Speaker 2: at the table, then that requires a lot of adjustments 567 00:26:43,964 --> 00:26:45,524 Speaker 2: post flop. I'm usually not on that side, so I 568 00:26:45,524 --> 00:26:47,324 Speaker 2: can't speak as much from experience, but I want to say, 569 00:26:47,364 --> 00:26:49,724 Speaker 2: like one thing that Maria was hinting at, like is 570 00:26:49,764 --> 00:26:52,164 Speaker 2: like so one thing I literally did before this world series, 571 00:26:52,204 --> 00:26:54,084 Speaker 2: and I haven't done it in the past, and maybe 572 00:26:54,084 --> 00:26:56,284 Speaker 2: I will. But like I made a list of like 573 00:26:56,324 --> 00:26:59,484 Speaker 2: what I think my comparative strengths and weaknesses as a 574 00:26:59,524 --> 00:27:02,884 Speaker 2: poker player are relative to the field, and then how 575 00:27:02,924 --> 00:27:06,644 Speaker 2: that translates in a substantive way in terms of strategy, right, 576 00:27:07,404 --> 00:27:08,844 Speaker 2: But you're trying to think about, like what are my 577 00:27:08,884 --> 00:27:14,244 Speaker 2: big overriding objectives here? Right, the kind of mantras that 578 00:27:14,284 --> 00:27:16,644 Speaker 2: you repeat to yourself, because I find those can be 579 00:27:16,724 --> 00:27:19,004 Speaker 2: quite powerful. But tim, what do you want to achieve? 580 00:27:19,124 --> 00:27:21,684 Speaker 2: So why are you playing? Why are you coming back 581 00:27:21,684 --> 00:27:23,204 Speaker 2: in July? Why are you out here before? Why are 582 00:27:23,204 --> 00:27:24,164 Speaker 2: you playing the World Series? 583 00:27:24,804 --> 00:27:26,844 Speaker 3: I think I know I could go deep. Maybe I'm 584 00:27:26,924 --> 00:27:28,684 Speaker 3: a little too presumptuous, but I think I could go 585 00:27:28,724 --> 00:27:31,244 Speaker 3: deep in the tournament and it would just be fun 586 00:27:31,244 --> 00:27:33,084 Speaker 3: to get there. Because it's like I feel like when 587 00:27:33,084 --> 00:27:35,884 Speaker 3: I play cash games, and maybe this is part of 588 00:27:35,924 --> 00:27:37,604 Speaker 3: my delusion, is that I feel like I'm like, okay, 589 00:27:37,604 --> 00:27:40,644 Speaker 3: I'm better than these players pretty much all the time 590 00:27:40,924 --> 00:27:43,564 Speaker 3: I play these these these lower limited cash games. It's 591 00:27:43,604 --> 00:27:45,844 Speaker 3: probably a lot of difference between the type of player 592 00:27:45,884 --> 00:27:48,284 Speaker 3: that are in these deep stack of events and these 593 00:27:48,284 --> 00:27:50,564 Speaker 3: cash games. But just to prove to myself, I could 594 00:27:50,564 --> 00:27:52,284 Speaker 3: go a little deeper. But I think I got into 595 00:27:52,284 --> 00:27:54,924 Speaker 3: this situation where, like you're saying, I think your point 596 00:27:54,964 --> 00:27:56,764 Speaker 3: is really good because what I did was I read 597 00:27:56,964 --> 00:27:59,964 Speaker 3: a bunch of poker books, some advanced strategy books, reading 598 00:27:59,964 --> 00:28:03,564 Speaker 3: stuff on solvers, and I just info dumps so hard 599 00:28:03,604 --> 00:28:05,844 Speaker 3: into my head. I was thinking about so many things, 600 00:28:06,004 --> 00:28:08,764 Speaker 3: and I've already been thinking I just need to boil 601 00:28:08,764 --> 00:28:09,204 Speaker 3: it down. 602 00:28:09,044 --> 00:28:12,404 Speaker 4: To like just two strategies I'm going to look at. 603 00:28:12,524 --> 00:28:15,604 Speaker 3: Yeah, and I was looking at just like full equity calculators, 604 00:28:15,724 --> 00:28:19,364 Speaker 3: and that was really helpful for me because now I 605 00:28:19,364 --> 00:28:21,284 Speaker 3: feel like I know exactly where I am in certain 606 00:28:21,284 --> 00:28:24,844 Speaker 3: spots against certain ranges, and that was something that I 607 00:28:24,844 --> 00:28:27,164 Speaker 3: hadn't really even looked at before. A lot of the 608 00:28:27,204 --> 00:28:28,684 Speaker 3: solver stuff. I think it's going to take a minute 609 00:28:28,724 --> 00:28:32,724 Speaker 3: for me to kind of show all that, but yeah, 610 00:28:32,764 --> 00:28:34,044 Speaker 3: I feel like there's I feel like good thing is 611 00:28:34,084 --> 00:28:36,084 Speaker 3: that I feel like there's not so much that I 612 00:28:36,124 --> 00:28:39,444 Speaker 3: need to do, so I don't need to jump. 613 00:28:39,204 --> 00:28:41,484 Speaker 4: These big leaps and understanding. 614 00:28:41,564 --> 00:28:43,524 Speaker 3: I just need to kind of get really like Nate 615 00:28:43,604 --> 00:28:45,404 Speaker 3: was saying, get really sharp at the things I know 616 00:28:45,444 --> 00:28:47,524 Speaker 3: that I could do better at, and then incorporate there. 617 00:28:47,604 --> 00:28:49,604 Speaker 1: Yeah. Yeah, No, I mean I think that should be 618 00:28:49,684 --> 00:28:51,964 Speaker 1: kind of your your number one focus is to just 619 00:28:51,964 --> 00:28:54,284 Speaker 1: like focus on a few things for the next few 620 00:28:54,284 --> 00:28:57,204 Speaker 1: weeks before you come out here. But one thing that 621 00:28:57,244 --> 00:28:59,724 Speaker 1: you said kind of jumped out at me. So one 622 00:28:59,764 --> 00:29:02,764 Speaker 1: of the most important things is mental game, right, and 623 00:29:02,924 --> 00:29:05,364 Speaker 1: is trying to kind of remain present and be able 624 00:29:05,444 --> 00:29:08,364 Speaker 1: to execute the strategy that you've already thought about and 625 00:29:08,404 --> 00:29:10,604 Speaker 1: not melt down when it comes down to it. And 626 00:29:10,644 --> 00:29:12,284 Speaker 1: one of the things you said, you said kind of 627 00:29:12,364 --> 00:29:15,284 Speaker 1: you felt like the clock was kind of burning, right, 628 00:29:15,364 --> 00:29:18,564 Speaker 1: that was burning behind you. And that's a really common 629 00:29:18,604 --> 00:29:22,084 Speaker 1: feeling and I've experienced it too. I think we all have. 630 00:29:22,804 --> 00:29:27,004 Speaker 1: And if you're feeling like you're kind of making decisions 631 00:29:27,044 --> 00:29:30,044 Speaker 1: with like this ticking time bomb right like this red 632 00:29:30,084 --> 00:29:33,004 Speaker 1: countdown behind you, you're not going to be thinking as 633 00:29:33,044 --> 00:29:36,364 Speaker 1: clearly and you're going to be making poor choices. And 634 00:29:36,404 --> 00:29:39,684 Speaker 1: so what I would also say is, yes, you know, 635 00:29:39,844 --> 00:29:42,564 Speaker 1: obviously like focus on a few things strategy like I'm 636 00:29:42,604 --> 00:29:44,044 Speaker 1: going to be you know, three betting more, I'm going 637 00:29:44,124 --> 00:29:45,404 Speaker 1: to be doing this, I'm going to be doing that, 638 00:29:45,804 --> 00:29:48,684 Speaker 1: but also take some time to like think about the 639 00:29:48,724 --> 00:29:51,604 Speaker 1: mental game execution, be like, Okay, you know what, I 640 00:29:51,644 --> 00:29:55,404 Speaker 1: Am just going to constantly like be focused on how 641 00:29:55,404 --> 00:29:58,404 Speaker 1: many big blindes I have relative to the table, how 642 00:29:58,484 --> 00:30:03,044 Speaker 1: my table, my table only is playing, and how I 643 00:30:03,124 --> 00:30:06,604 Speaker 1: can kind of be a good presence here and I'm 644 00:30:06,604 --> 00:30:09,124 Speaker 1: not going to worry about the clock and the chip 645 00:30:09,124 --> 00:30:12,204 Speaker 1: averag and all of these external things that are going on. 646 00:30:12,644 --> 00:30:16,204 Speaker 1: I'm going to just kind of remain focused on what's 647 00:30:16,244 --> 00:30:19,764 Speaker 1: going on here at my table. And there's never a 648 00:30:19,844 --> 00:30:22,244 Speaker 1: need to panic. As soon as you start panicking, that's 649 00:30:22,244 --> 00:30:24,484 Speaker 1: when you start making mistakes. And so I think just 650 00:30:24,564 --> 00:30:27,604 Speaker 1: focusing on that and trying to make sure that you're 651 00:30:27,604 --> 00:30:30,084 Speaker 1: not the player panicking, but that you're taking advantage of 652 00:30:30,124 --> 00:30:32,924 Speaker 1: the players panicking will go a long way. Yeah, so 653 00:30:32,924 --> 00:30:34,044 Speaker 1: that you feel more comfortable. 654 00:30:34,284 --> 00:30:35,844 Speaker 2: I think one that you can do, too, is do 655 00:30:35,924 --> 00:30:39,684 Speaker 2: some degree of picking your targets. Right the players that 656 00:30:39,724 --> 00:30:41,564 Speaker 2: you're much better than in a one to three or 657 00:30:41,604 --> 00:30:43,844 Speaker 2: two five game, right Like, there're going to be a 658 00:30:43,884 --> 00:30:46,924 Speaker 2: lot of them at the table, and they're usually pretty identifiable. 659 00:30:47,004 --> 00:30:48,924 Speaker 2: Maria and I were just talking about the WSP app. 660 00:30:48,964 --> 00:30:51,044 Speaker 2: We can see their names now, and like, you know, 661 00:30:51,084 --> 00:30:53,924 Speaker 2: but if you're playing as someone who's a little trickier 662 00:30:54,124 --> 00:30:56,964 Speaker 2: or less known, maybe someone from you know, a different country, 663 00:30:57,284 --> 00:30:59,284 Speaker 2: different environment and things like that, I mean, then you 664 00:30:59,364 --> 00:31:01,564 Speaker 2: might want to be a little bit more careful. I 665 00:31:01,644 --> 00:31:04,484 Speaker 2: still think doing like I still think doing your best 666 00:31:04,524 --> 00:31:07,884 Speaker 2: tim is going to be better than doing like your 667 00:31:07,924 --> 00:31:11,164 Speaker 2: C plus impression solver or play unless you've taken more 668 00:31:11,204 --> 00:31:15,044 Speaker 2: time to studying it right. And then if you are 669 00:31:15,084 --> 00:31:17,564 Speaker 2: making a deep run, I mean it's tough. Poker's a 670 00:31:17,604 --> 00:31:21,564 Speaker 2: tough game, right, probably some degree of tightening up is correct. 671 00:31:21,604 --> 00:31:23,644 Speaker 2: I mean, if I were you, I'd be like trying 672 00:31:23,684 --> 00:31:26,724 Speaker 2: to build a big stack and or early try to 673 00:31:26,724 --> 00:31:29,244 Speaker 2: build a big stack. Be yourself. You can make some 674 00:31:29,364 --> 00:31:32,604 Speaker 2: feel and read different plays if you want, and targeting 675 00:31:33,124 --> 00:31:36,124 Speaker 2: weaker opponents right to build the big stacks. You can 676 00:31:36,324 --> 00:31:39,644 Speaker 2: maybe be a little bit more tight as you approach 677 00:31:39,684 --> 00:31:41,884 Speaker 2: the money, which you're supposed to be anyway, right, And 678 00:31:41,924 --> 00:31:44,644 Speaker 2: maybe you'll even have at the same table some reputation 679 00:31:44,724 --> 00:31:47,084 Speaker 2: from having been more aggressive and made some plays later on, 680 00:31:47,204 --> 00:31:50,364 Speaker 2: and because later on in a tournament you want full equity, right, 681 00:31:50,364 --> 00:31:52,804 Speaker 2: you really want people not to get into coin flips 682 00:31:52,804 --> 00:31:54,004 Speaker 2: with you when you're trying to make the money and 683 00:31:54,044 --> 00:31:56,524 Speaker 2: run deep and stuff. That may be my quick high 684 00:31:56,604 --> 00:31:58,844 Speaker 2: level diagnosis, I guess, yeah. 685 00:31:58,524 --> 00:32:00,324 Speaker 1: Yeah, I think that. I think that The one thing 686 00:32:00,324 --> 00:32:03,884 Speaker 1: that Nate said that I would just reiterate as like 687 00:32:04,124 --> 00:32:08,844 Speaker 1: your mantras be myself right, be tim like play your game, 688 00:32:09,484 --> 00:32:12,964 Speaker 1: and don't let anyone else, like, don't let anyone else 689 00:32:13,044 --> 00:32:15,364 Speaker 1: kind of shape how you think you're supposed to play. 690 00:32:15,524 --> 00:32:17,844 Speaker 1: I had a major breakthrough because I was always like, 691 00:32:18,444 --> 00:32:21,404 Speaker 1: you know, when I started out, I was a little 692 00:32:21,404 --> 00:32:23,764 Speaker 1: too tight, and you know, people are like, you have 693 00:32:23,804 --> 00:32:26,044 Speaker 1: to be super aggressive, blah blah blah. And I tried 694 00:32:26,084 --> 00:32:28,444 Speaker 1: being like super aggressive, and that's not me, right, and 695 00:32:28,484 --> 00:32:30,404 Speaker 1: it didn't work for me. And my bluffs didn't work 696 00:32:30,404 --> 00:32:33,644 Speaker 1: either because it was just so counter to my style 697 00:32:33,724 --> 00:32:37,084 Speaker 1: as a poker player, to my personality. And so something 698 00:32:37,124 --> 00:32:41,244 Speaker 1: that works for an at Michael Adamo, for instance, someone 699 00:32:41,284 --> 00:32:44,124 Speaker 1: who wore an Adrian Mateo's like two very aggressive players, 700 00:32:44,244 --> 00:32:46,284 Speaker 1: isn't going to work for me, right, because that is 701 00:32:46,444 --> 00:32:49,204 Speaker 1: just not me. And so once I figured out, okay, 702 00:32:49,244 --> 00:32:51,084 Speaker 1: I am much more aggressive now than I used to be, 703 00:32:51,404 --> 00:32:53,484 Speaker 1: but I'm doing it in a way that feels natural 704 00:32:53,524 --> 00:32:56,044 Speaker 1: to me, right, and that that actually works for me. 705 00:32:56,324 --> 00:32:58,764 Speaker 1: And I don't take the spots that you know that 706 00:32:59,724 --> 00:33:02,124 Speaker 1: Adrian Mateos will take, you know, God bless him, let 707 00:33:02,204 --> 00:33:04,844 Speaker 1: him take those spots, Like I'm not going to try 708 00:33:04,884 --> 00:33:09,364 Speaker 1: to out Adrian Adrian. And so that's I think. So 709 00:33:09,684 --> 00:33:11,884 Speaker 1: that's just so important to remember, because you're going to 710 00:33:11,924 --> 00:33:14,244 Speaker 1: become a better player. The best players are ones who 711 00:33:14,564 --> 00:33:16,444 Speaker 1: actually tap into what they're good at. 712 00:33:16,524 --> 00:33:18,764 Speaker 3: Yeah, do you guys try to stay away from rebuy 713 00:33:18,844 --> 00:33:22,924 Speaker 3: tournaments or is that like a thing that's not too 714 00:33:22,924 --> 00:33:23,244 Speaker 3: big of a. 715 00:33:23,244 --> 00:33:23,884 Speaker 4: Deal for you guys? 716 00:33:24,404 --> 00:33:27,444 Speaker 1: No, I mean I love freeze outs. I think they're wonderful, 717 00:33:27,604 --> 00:33:29,484 Speaker 1: and if it's not a freeze out, I would love 718 00:33:29,484 --> 00:33:31,804 Speaker 1: if it's a single re entry I do not like 719 00:33:31,924 --> 00:33:35,404 Speaker 1: unlimited re entry tournaments, but I will play them if 720 00:33:35,444 --> 00:33:38,164 Speaker 1: I think they're good value. But this is something I 721 00:33:38,204 --> 00:33:40,604 Speaker 1: don't know how Nate treats it. But so I always 722 00:33:40,604 --> 00:33:42,004 Speaker 1: do a budget ahead of time. So I have a 723 00:33:42,004 --> 00:33:45,324 Speaker 1: big Excel spreadsheet of all the events I'm playing, and 724 00:33:45,604 --> 00:33:48,124 Speaker 1: I put what my maximum number of bullets for each 725 00:33:48,124 --> 00:33:50,484 Speaker 1: event is. And I never go above that no matter what, 726 00:33:50,804 --> 00:33:52,644 Speaker 1: because I have gone above that in the past when 727 00:33:52,684 --> 00:33:54,204 Speaker 1: I was just starting out, and it's just never a 728 00:33:54,204 --> 00:33:56,364 Speaker 1: good idea, right when I'm like, oh, I budgeted four, 729 00:33:56,404 --> 00:33:57,844 Speaker 1: but it's such a good event, so I'm just going 730 00:33:57,884 --> 00:33:59,924 Speaker 1: to fire a fifth. I always regret it, right, Like 731 00:33:59,964 --> 00:34:02,284 Speaker 1: that's just it's never it's never good. 732 00:34:02,364 --> 00:34:05,004 Speaker 2: Yeah, I'm trying to register earlier this year, meaning playing 733 00:34:05,004 --> 00:34:06,724 Speaker 2: maybe not for the very start, but I like playing 734 00:34:06,764 --> 00:34:09,244 Speaker 2: deep stack poker. It sounds like you do to tim 735 00:34:09,604 --> 00:34:14,244 Speaker 2: and so like. Look, some of the theory says that like, oh, 736 00:34:14,284 --> 00:34:17,204 Speaker 2: if you register late, you're more loocated cash and it's 737 00:34:17,244 --> 00:34:20,724 Speaker 2: more plus CV or less negative ev I'm skeptical of 738 00:34:20,764 --> 00:34:24,404 Speaker 2: that if you do have live deep stack cash skills. 739 00:34:24,444 --> 00:34:27,884 Speaker 2: And also there's a big filtering effect, right. You know, 740 00:34:28,444 --> 00:34:30,804 Speaker 2: I've played a medium event twenty five hundred dollars and 741 00:34:30,844 --> 00:34:33,804 Speaker 2: eight hundred dollars so far, right, And like the tables 742 00:34:33,844 --> 00:34:35,844 Speaker 2: you get when you sit down are fucking like a 743 00:34:35,844 --> 00:34:37,844 Speaker 2: wet dream pretty much, right, And by the time you 744 00:34:37,884 --> 00:34:41,324 Speaker 2: get to the to the bubble, then then those tables 745 00:34:41,364 --> 00:34:43,284 Speaker 2: get much tougher, right, I mean, there are there is 746 00:34:43,324 --> 00:34:45,044 Speaker 2: some dead amount of people who are just very very 747 00:34:45,044 --> 00:34:48,084 Speaker 2: bad at poker, who are almost for sure going to 748 00:34:48,924 --> 00:34:51,164 Speaker 2: gonna punt off chips, right, And so registering early, I'm 749 00:34:51,164 --> 00:34:54,364 Speaker 2: not concerned about rebiverse. Non rebuy people will call down 750 00:34:54,444 --> 00:34:57,204 Speaker 2: looser if there's a reby available. It's a game texture thing. 751 00:34:57,484 --> 00:34:59,964 Speaker 2: But playing real poker, like register early from the first 752 00:35:00,044 --> 00:35:02,164 Speaker 2: level if you want, I like that you're playing shorthanded 753 00:35:02,204 --> 00:35:05,564 Speaker 2: and pushing people around. I think that's attitudinally doing seriously, 754 00:35:05,604 --> 00:35:08,604 Speaker 2: even if, like because the average tournament pro is fucking 755 00:35:08,644 --> 00:35:10,804 Speaker 2: terrified of playing five had it poker right, I would 756 00:35:10,884 --> 00:35:12,684 Speaker 2: totally I'd love to do that. And if you overplayed 757 00:35:12,724 --> 00:35:15,164 Speaker 2: some thoughts, okay, you'll kinter just next time. 758 00:35:16,124 --> 00:35:19,604 Speaker 1: Yeah, I think that's great. Tim. We both wish you 759 00:35:19,684 --> 00:35:22,364 Speaker 1: so much luck. We hope to be able to check 760 00:35:22,364 --> 00:35:25,804 Speaker 1: in with you later this summer. But yeah, keep keep 761 00:35:25,844 --> 00:35:27,284 Speaker 1: this in mind. I hope this was helpful to you, 762 00:35:27,884 --> 00:35:30,084 Speaker 1: but it's it's a it's a pleasure to meet you, 763 00:35:30,204 --> 00:35:32,764 Speaker 1: and we hope that you crush it at the World 764 00:35:32,804 --> 00:35:33,484 Speaker 1: Series in July. 765 00:35:33,644 --> 00:35:34,964 Speaker 2: Well, man, Tim, we'll get it. We'll get a beer 766 00:35:34,964 --> 00:35:36,804 Speaker 2: with you in July for if we're still around with you. 767 00:35:36,884 --> 00:35:41,564 Speaker 1: Yeah, absolutely yes. So thank you for joining risky business 768 00:35:41,604 --> 00:35:44,324 Speaker 1: and good luck. May the poker gods be on your side. 769 00:35:45,044 --> 00:35:47,244 Speaker 4: You guys, take care. 770 00:35:48,924 --> 00:35:51,284 Speaker 1: Let's take a break and then talk a little bit 771 00:35:51,364 --> 00:35:55,324 Speaker 1: about our conversation with Tim and kind of what what 772 00:35:55,404 --> 00:35:58,124 Speaker 1: our takeaways are in general for poker players and for ourselves. 773 00:36:13,844 --> 00:36:16,204 Speaker 1: Big props to Tim for putting himself out there. A 774 00:36:16,244 --> 00:36:18,564 Speaker 1: lot of people don't want to put themselves in that spot. 775 00:36:19,164 --> 00:36:22,004 Speaker 1: And for me, you know, it's funny because I do remember, 776 00:36:22,044 --> 00:36:24,284 Speaker 1: because I was writing a book about it as I 777 00:36:24,324 --> 00:36:26,884 Speaker 1: was learning how to play poker. I do remember kind 778 00:36:26,884 --> 00:36:29,804 Speaker 1: of being in that in that mind frame and having 779 00:36:29,844 --> 00:36:33,164 Speaker 1: all of these overwhelming stimuli. And I think that it's 780 00:36:33,204 --> 00:36:36,324 Speaker 1: really useful to actually remember what that feels like, because 781 00:36:37,084 --> 00:36:39,524 Speaker 1: something that I talk about where people are like, what 782 00:36:39,564 --> 00:36:41,364 Speaker 1: the hell are you talking about? I'm like, poker makes 783 00:36:41,364 --> 00:36:43,844 Speaker 1: you a much more empathetic person, and people like, what 784 00:36:44,644 --> 00:36:47,684 Speaker 1: like poker's poker empathy? I was like, no, because you 785 00:36:47,764 --> 00:36:51,404 Speaker 1: need to learn how to actually take the perspective, really 786 00:36:51,404 --> 00:36:54,204 Speaker 1: take the perspective of other people at the table. And 787 00:36:54,244 --> 00:36:56,244 Speaker 1: so I think it was really cool for me to 788 00:36:56,364 --> 00:37:00,204 Speaker 1: actually hear Tim's thoughts because there are and this is 789 00:37:00,444 --> 00:37:02,204 Speaker 1: in no way like this is a good thing, Like, 790 00:37:02,204 --> 00:37:04,644 Speaker 1: there are lots of Tim's at the table who are 791 00:37:05,004 --> 00:37:06,644 Speaker 1: you know, who want to take a shot at the 792 00:37:06,644 --> 00:37:09,084 Speaker 1: World series, who do well in their local cash games, 793 00:37:09,204 --> 00:37:13,484 Speaker 1: who get there. They're thinking about it differently than you are, Nate, 794 00:37:13,644 --> 00:37:16,164 Speaker 1: or than I am, And that's just really good to 795 00:37:16,244 --> 00:37:18,724 Speaker 1: keep in mind. It's good to remember that there are 796 00:37:19,324 --> 00:37:22,804 Speaker 1: all of these different you know, all of these different mindsets, 797 00:37:22,844 --> 00:37:24,644 Speaker 1: and to me, it was really helpful to kind of 798 00:37:24,764 --> 00:37:27,164 Speaker 1: put myself in Tim's shoes for a little bit and 799 00:37:27,244 --> 00:37:29,564 Speaker 1: remind myself what it felt like the first time I 800 00:37:29,644 --> 00:37:32,484 Speaker 1: was out in Las Vegas. But Nate, I'm actually kind 801 00:37:32,524 --> 00:37:35,084 Speaker 1: of curious because for me it was much more recent, right, 802 00:37:35,164 --> 00:37:38,484 Speaker 1: Like I definitely remember my first w sopie when was yours? 803 00:37:38,484 --> 00:37:41,444 Speaker 1: And do you actually remember kind of your your memories 804 00:37:41,484 --> 00:37:44,244 Speaker 1: of your first trip and your first World Series of 805 00:37:44,244 --> 00:37:45,004 Speaker 1: Poker tournament. 806 00:37:45,404 --> 00:37:48,284 Speaker 2: So when I played professionally, it is my main source 807 00:37:48,284 --> 00:37:49,884 Speaker 2: of income. From like roughly two thousand and four to 808 00:37:49,924 --> 00:37:52,844 Speaker 2: two thousand and six, I played limit hold them. I 809 00:37:52,844 --> 00:37:57,604 Speaker 2: played high stakes limit hold them cash games online, which 810 00:37:57,604 --> 00:38:04,044 Speaker 2: in every dimension is opposite from no limit hold them tournaments, right, 811 00:38:04,284 --> 00:38:06,244 Speaker 2: And so like, one thing that helped is my experience 812 00:38:06,244 --> 00:38:07,764 Speaker 2: early on in the World Series. I think there was 813 00:38:07,804 --> 00:38:10,484 Speaker 2: one trip I went that was kind of like there 814 00:38:10,524 --> 00:38:12,244 Speaker 2: was a meet ups for the two plus two forums. 815 00:38:12,244 --> 00:38:15,684 Speaker 2: I wouldn't even play the no limit events necessarily. It 816 00:38:15,724 --> 00:38:20,244 Speaker 2: took me a long time before I even like cashed anything. 817 00:38:20,284 --> 00:38:22,004 Speaker 2: And so I think one thing that does help is 818 00:38:22,044 --> 00:38:26,884 Speaker 2: like I can empathize with players who have like some 819 00:38:27,084 --> 00:38:29,604 Speaker 2: poker experience, but like are a fish out of water 820 00:38:29,964 --> 00:38:31,844 Speaker 2: at the World Series of Poker and are not quite 821 00:38:31,844 --> 00:38:35,684 Speaker 2: sure like what they want to accomplish from it, right, 822 00:38:35,884 --> 00:38:37,284 Speaker 2: So you're like relating to things in the back of 823 00:38:37,324 --> 00:38:38,924 Speaker 2: your head about the way they put chips in the fire, 824 00:38:39,124 --> 00:38:42,284 Speaker 2: the little things like, Okay, so after every X number 825 00:38:42,324 --> 00:38:45,244 Speaker 2: of levels, you have to get rid of the load 826 00:38:45,244 --> 00:38:47,884 Speaker 2: denomination chips, so blind sco ups, you get rid of 827 00:38:47,884 --> 00:38:49,684 Speaker 2: the hundred dollars chips and round them off to five 828 00:38:49,764 --> 00:38:53,364 Speaker 2: hundreds basically, right, And like, boy, if somebody's really unfamiliar 829 00:38:53,364 --> 00:38:56,844 Speaker 2: with that process, that's that they probably zero times ever 830 00:38:57,044 --> 00:38:59,884 Speaker 2: reached that stage of a live tournament before. And you 831 00:38:59,924 --> 00:39:02,844 Speaker 2: can and having been having not been a you know, 832 00:39:02,924 --> 00:39:04,364 Speaker 2: I was good at poker, I was not good at 833 00:39:04,404 --> 00:39:06,684 Speaker 2: live tournament poker, right, And probably a lot of people 834 00:39:06,684 --> 00:39:10,204 Speaker 2: are like that. Right. There's some poker environment, maybe's home 835 00:39:10,244 --> 00:39:12,404 Speaker 2: PLO game where it can be really loose, right or 836 00:39:12,404 --> 00:39:15,924 Speaker 2: maybe whatever where they can thrive and they're not thriving 837 00:39:15,924 --> 00:39:18,924 Speaker 2: in this environment. And understanding why they're not thriving and 838 00:39:18,964 --> 00:39:22,404 Speaker 2: what mistakes they'll make and what vulnerabilities exploit you can 839 00:39:22,444 --> 00:39:24,284 Speaker 2: make against them, I think is valuable. 840 00:39:24,564 --> 00:39:27,364 Speaker 1: Yeah, I think that's really good advice. And it's fun 841 00:39:27,404 --> 00:39:32,444 Speaker 1: to think of little Nate at the World Series having 842 00:39:32,484 --> 00:39:34,604 Speaker 1: not really played that much live before. By the way, 843 00:39:34,644 --> 00:39:36,844 Speaker 1: it's easy to tell, like it's easy to spot the 844 00:39:36,884 --> 00:39:40,764 Speaker 1: online pros because often, like sometimes I've seen some of 845 00:39:40,804 --> 00:39:44,004 Speaker 1: the best ones, like their first forays into the live tournament. 846 00:39:44,404 --> 00:39:48,964 Speaker 1: Seen they are much more expressive than they should be, right, 847 00:39:49,404 --> 00:39:52,964 Speaker 1: especially streamers who are used to kind of conveying a 848 00:39:52,964 --> 00:39:55,604 Speaker 1: lot of information. I was like, oh, you are, You're 849 00:39:55,724 --> 00:39:57,924 Speaker 1: kind of a toel box. Then they can yeah, they 850 00:39:57,924 --> 00:39:59,884 Speaker 1: can get used to it, they get over it, But 851 00:39:59,924 --> 00:40:02,484 Speaker 1: it is funny to see that transition. Nate, you have 852 00:40:02,604 --> 00:40:04,724 Speaker 1: definitely transitioned to a live player. 853 00:40:05,204 --> 00:40:08,724 Speaker 2: I remember my first Vegas non World Series trip better right. 854 00:40:08,764 --> 00:40:13,564 Speaker 2: I remember having a lot of vodka Red Bulls, playing 855 00:40:14,404 --> 00:40:17,124 Speaker 2: probably pretty high stakes limit games at the Bellagio and 856 00:40:17,164 --> 00:40:20,364 Speaker 2: staying up all night, right, And like, yeah. 857 00:40:20,324 --> 00:40:23,444 Speaker 1: For PSA, for people listening, do not have vodka red 858 00:40:23,444 --> 00:40:25,004 Speaker 1: Bulls while you're playing poker. 859 00:40:26,004 --> 00:40:28,164 Speaker 2: Cancel out. 860 00:40:29,284 --> 00:40:32,924 Speaker 1: This is a negative, evy thing to do. I don't 861 00:40:33,044 --> 00:40:35,804 Speaker 1: drink while I'm playing poker. Some people like to. And 862 00:40:35,804 --> 00:40:38,724 Speaker 1: then there's something referred to as the beer level late 863 00:40:38,764 --> 00:40:40,644 Speaker 1: in the night where people like to order beers. I 864 00:40:40,644 --> 00:40:44,164 Speaker 1: don't drink beer, but just try not to nate. You 865 00:40:44,204 --> 00:40:46,524 Speaker 1: and I had a glass of wine over dinner yesterday 866 00:40:46,524 --> 00:40:49,244 Speaker 1: and I often do that. That can be nice, but 867 00:40:49,564 --> 00:40:52,324 Speaker 1: try try to be present at the poker table and 868 00:40:52,364 --> 00:40:53,564 Speaker 1: not with a vodka Red Bull. 869 00:40:54,084 --> 00:40:55,444 Speaker 2: You know what a good time to have a beer 870 00:40:55,484 --> 00:40:59,084 Speaker 2: is is when you're on this very long bubble, so 871 00:40:59,204 --> 00:41:02,364 Speaker 2: before when they're when you're waiting forever for other tables 872 00:41:02,364 --> 00:41:04,444 Speaker 2: to break, right, having a beer might make you a 873 00:41:04,484 --> 00:41:08,444 Speaker 2: little more relaxed and patient. People react different physiologically. I believe. 874 00:41:08,484 --> 00:41:10,004 Speaker 2: I believe it's not a sary re a bad time 875 00:41:10,004 --> 00:41:11,564 Speaker 2: to have a beer for what it's forth. 876 00:41:11,604 --> 00:41:14,844 Speaker 1: That is good advice. And on that note, Nate, I 877 00:41:15,004 --> 00:41:18,564 Speaker 1: have to leave you to play Day two. You know 878 00:41:18,604 --> 00:41:21,044 Speaker 1: we're Tuesday, June tenth. I'm about to hop into my 879 00:41:21,084 --> 00:41:24,324 Speaker 1: first day two of the World series and I need 880 00:41:24,364 --> 00:41:27,524 Speaker 1: to get my ass over there without Red Bull. But 881 00:41:27,604 --> 00:41:30,524 Speaker 1: I did have some caffeine while we were taping this episode, 882 00:41:30,724 --> 00:41:34,404 Speaker 1: so hopefully that will help. And yeah, best of luck 883 00:41:34,404 --> 00:41:38,444 Speaker 1: to Tim, and best of luck to you and I Nate. 884 00:41:38,684 --> 00:41:40,924 Speaker 1: To the two of us, let's both do well today. 885 00:41:41,244 --> 00:41:44,004 Speaker 1: I hope everyone has enjoyed this episode and I am 886 00:41:44,044 --> 00:41:54,004 Speaker 1: going to head to the Lovely Horseshoe Casina. Let us 887 00:41:54,004 --> 00:41:55,924 Speaker 1: know what you think of the show. Reach out to 888 00:41:56,004 --> 00:41:59,804 Speaker 1: us at Risky Business at pushkin dot fm. And by 889 00:41:59,844 --> 00:42:01,924 Speaker 1: the way, if you're a Pushkin Plus subscriber, we have 890 00:42:01,964 --> 00:42:04,844 Speaker 1: some bonus content for you that's coming up right after 891 00:42:04,884 --> 00:42:05,604 Speaker 1: the credits. 892 00:42:05,764 --> 00:42:08,964 Speaker 2: And if you're not subscribing yet, consider signing up for 893 00:42:09,164 --> 00:42:11,804 Speaker 2: just ninety nine a month. What a nice price you 894 00:42:11,844 --> 00:42:14,644 Speaker 2: get access to all that premium content and ad for 895 00:42:14,724 --> 00:42:17,244 Speaker 2: listening across Pushkin's entire network of shows. 896 00:42:17,564 --> 00:42:20,644 Speaker 1: Risky Business is hosted by me Maria Kanakova. 897 00:42:20,324 --> 00:42:22,684 Speaker 2: And by me Nate Silver. The show is a co 898 00:42:22,724 --> 00:42:26,884 Speaker 2: production of Pushkin Industries and iHeartMedia. This episode was produced 899 00:42:26,924 --> 00:42:30,844 Speaker 2: by Isabelle Carter. Our associate producer is Sonya Gerwit Sally 900 00:42:30,924 --> 00:42:33,964 Speaker 2: helm As our editor, and our executive producer is Jacob Goldstein. 901 00:42:34,444 --> 00:42:35,644 Speaker 2: Mixing by Sarah Bruger. 902 00:42:36,084 --> 00:42:37,284 Speaker 1: Thanks so much for tuning in.