And we're live on abstract as well.
You know, I feel like Sunday nights used to be popping,
or at least they were for you.
Perhaps now that is not where, you know, the youths are on Sunday night.
Well, reminder, a lot of that happened when I was during COVID.
Like, a lot of that was over, like, COVID or the COVID withdrawals, pretty much.
True, but, like, it doesn't really make pretty much. True. But like,
it doesn't really make sense that people would be more like,
I feel like that's one of the least likely nights for people to be out.
they're unlikely to be out and about unless it's Miami, in which case it doesn't really matter well sure there's individuals sure if you're in new york
maybe you know but but yeah so i think it's just the market's just demoralized man i think people
are just people are checking out for a little bit I mean, we're here to talk about poker tonight, which...
That shows you something, I guess.
Is this not broadcasting properly?
I'm watching it on X, and we have two views, three views.
So someone other than me is also watching it.
Yeah, you want to know who that is?
By the way, I can hear it.
All right, I'm sending it over to there.
All right, so we're live.
For anyone that's watching, here's my expectations for today.
Lex and I are going to be starting up a stream that's fairly more consistent.
We're aiming to do Sundays, basically every Sunday from, let's say, like 8 to 10 or 9 to 11.
We're going to figure it out, see what numbers are like, mess around with around with it you know not hard and fast but that's what we're aiming for um
we want to do once a week shows but to start things off we're just kind of like this is a
start to get into the rhythm see what things are like um see how we vibe with this time slot
and also just like you know just like to get into the rhythm. This is going to be a smaller show.
I didn't go hard with the promotion.
I didn't go hard with anything like that.
I just wanted to like do something today.
And I also wanted to learn how to play poker.
And Lex is like poker professional lover.
I was once a professional poker player yes and i i will give that background
you know before we get started i guess yeah perhaps perhaps now yeah and we'll just give
me one here we'll i'll just strap on this and all this to say today's gonna be chill very chill
vibes learn how to play poker uh but like expect if you're if you're watching now if you're tuning
in now expect in the next few weeks that we'll have like people to come on we're gonna make
this kind of a little bit of a show and um see what happens so lex hey what do you think what's
on your mind and also you can feel free to intro yourself generally but like what do you think
uh what do i think uh generally uh well um my poker background is uh is pretty thorough uh
i played for about seven years as my main form of income and i played for some years before that
more on the side and uh yeah it was a natural result of moving to New York City and learning that, you know, a bachelor's degree from Florida does not guarantee one a job in the five boroughs.
So, yeah, I was sort of, I already was, I was playing poker in college, but, you know, didn't intend to make it my full-time gig, but I did have to do that when I moved to New York.
At the peak of my playing, I was playing a $2,000 pot limit in Omaha primarily.
I had moved there after playing Hold'em for a few years.
It was extremely low six figures a year, like barely 100K, like would maybe be my peak.
And also two other things.
One, if you guys are watching, feel free to join in the chat.
People don't really know.
There is actually a chat.
But there is a chat on Twitter.
You could just poke around.
You'll find it. um if you're on
abstract because i am actually live on abstract let's see let's see has anyone said hello there
no not yet if you are hot if you are an abstract feel free to say hi um but like we'll we'll know
um and this is also lex this is what i want your thoughts on as well before we get into like the
actual learning poker real quick which we'll'll do in about five minutes or so.
But before we get there, I kind of just want your vibe
in the sense of, you know, what do you think about this stream
and taking it, and what are your kind of hopes?
Because this is actually genuinely my question to you,
but also what's your thoughts slash hopes for where this stream goes let's say in the next few weeks three months like what do you what do you want out
of this uh sorry i was just pulling up the abstract stream there so i could watch both
chats yeah as as you noted it's a little disorienting that they retain the chat from the previous time.
Well, what would I like to come of the stream?
Honestly, it seems like you've got a pretty good feel for projects, Eddie.
And I like that you often hear about things that I haven't heard of.
So I hope that we can talk to more projects, not necessarily endorsements of those projects.
I know, like, so far we've been super careful about
sticking with the most upright of projects.
And I don't know if there's, like, a tacit endorsement
in even speaking to someone, but I don't really think so.
It might be interesting to speak to some more out there projects, if you will, as I'm seeing a few come across my feed that I'm sure will get talked about.
For example, you've got Shillin claimed nft project that he's trying to hype
actually well actually by the way that's uh he's been working with walrus um that's a that's a
that's a sweet protocol it's fascinating it's actually like a it's a it's like a storage
protocol on sweet it's like a lot it's a lot to get into on that one but yeah exactly the kind
of thing that i like hearing about from you that i wouldn't otherwise know about so yeah so okay cool um and i'll just say this at like a high level and
then we'll get into the like we'll get into the poker bits uh the pokey bits uh so again just so
you guys know the stream is really more of like a test stream um i kind of wanted to see what numbers
generally look like right now with literally zero advertising like zero promoting of this i wanted to see how things go
i wanted to just kind of get into the rhythm so if you're tuning in now what's up um likes and
retweets do go a long way it's appreciated it's good for the algo but if not totally get it no
worries um you don't need to wreck your own uh for me, but it is appreciated. No, I'm kidding.
And if you're in chat, feel free to come hop and chat.
I'm happy to chat, like talk with you guys.
Would love to say hello on this lovely Sunday evening.
That said, Lex, you want to hop into things?
I mean, first you got to know what your level of knowledge is.
And first of all, I assume you only want to learn No Limit Hold'em, right?
That's what everybody usually wants to learn.
So, like, my knowledge of poker is weird because I know I played the game,
but I don't know which game I've played.
Like, I don't know what No i've played like i don't know
what no limit hold'em means okay so we're starting from scratch basically how did you play without
knowing what game you were playing out of curiosity i was given cards and then like i i got the gist
okay well i will we'll go forward assuming that it's no limit hold'em
that we're discussing i'll just yeah i'll just tell you if i'm like i know what that is and if
i don't know what that is i'll just be like i don't know what that is so okay sure so a little
background poker used to be a much more boring game that was generally played limit. Which means what?
Okay, so that meant there was a betting limit at every opportunity you could bet.
And that betting limit used to be 1% of your stack back in the day.
So when you bet, if you had a $100 buy--in game your standard bet would have been a dollar
that's that's limit poker right now around the 90s poker started to become more popular
and it was almost entirely the no limit variety of the game that got more popular because the
limit game is very boring it's a very grindy game where you really can't get anyone to fold anything
because, again, you can only raise small amounts.
And there is a lot less strategy, a lot more math.
So it doesn't make for good TV.
But the no limit game makes for a lot more dramatic games,
tournaments, and television,
because at any point you can bet any amount that you want
up to and including everything you have in front of you you can't pull out more money and put it on
the table like that's a movie thing right or like a tv show thing you'll see someone like pull out
a rolex and throw it down or the keys to their car you're not allowed to play with anything
that's not on the table but everything that is on the table at the start of the hand is fair game for your bet.
There are a few extremely tiny technicalities there, but nothing you need to know about.
So the basic game is you have to form the best five-card hand out of the two cards that you are dealt and the five community cards.
Are you familiar with how the community cards are dealt?
Well, it's two per person at the start.
No, those are your personal cards.
We'll just go over the game flow from scratch.
So let's say that, you know,
let's say 10 players at a
table. Each player will get two
cards face down from the dealer.
those players will have what's called the button.
And this is just to signify
that they are like the dealer of the hand.
They're the last person to bet.
And after every hand, that moves to the left so it dealer of the hand. They're the last person to bet. And after every hand that moves to the left
so it passes around the table
because there is a- Is the button like a physical thing?
It will literally be a white plastic button
about, you know, bigger than a,
you know, like a little bigger than a silver dollar.
And it'll say dealer on it.
And that's how they use it in a casino.
When you're playing with your friends, you'll usually just
pass the deck of cards around
and whoever dealt that hand
the dealer will deal two cards
to each player face down.
Well, we're always looking for new
Personally, considering how the market's going right now, I saw it. Yes. Well, we're always looking for new revenue. That's funny.
Considering how the market's going right now, I, you know, I'm,
I'm taking students like DM me if you need, you know,
I would be happy to, to take your money to teach you.
That is not, not to play with you.
So first everybody is dealt two cards face down and then there is a
round of betting um there is a forced bet called the blind and that is usually one percent of the
buy-in and there is a small blind and a big blind so the two people to the left of the dealer button
are the blinds and if we're playing a hundred dollar buy-in then the first
person to the left would put in 50 cents and the second person to the left would put in a dollar
and then the first person to bet would be the first person that didn't put in the dollar
does that make sense so far yes okay so that person can either call raise or fold
So that person can either call, raise, or fold.
And then that goes around the whole table.
Until everybody's matched the bet.
Then the dealer will deal three cards in the middle of the table face up.
And those are the community cards that everybody shares.
No, that's called the flop.
The first three cards is called the flop.
But you're on the right track.
The first three cards is called the flop.
There is another round of betting, starting with the small blind,
where everybody can either check or bet.
Checking means you don't bet.
You're just passing to the next player.
Let me see if I can pull up an image of a poker table graphic.
Let me see if I can pull this up.
I actually assumed you knew the basic rules,
so I did not get a visual aid for this part i think i think i might have
found a perfect graphic hold on okay hold on oh no no i didn't it's pulled up so many more images
hold on i'm gonna find this just keep going just keep going i'm following i find it very unlikely
that you can both look for an image and follow the details of bedding ground at the same time
can both look for an image and follow the details of bedding ground at the same time
i'm almost i'm almost there uh images images okay and all right hold on we're almost there
this is so much hard there's no good graphics there's really no good graphic for what i'm explaining to you oh hold on i think i got it
uh open image in a new tab here we go we were also pretty much past the hard part but sure
let's go for it oh this is so ugly all right well whatever uh that's not gonna work
this might work this will work okay open image in a new tab as long as this doesn't
look like garbage yes perfect um all right i'm pulling it up i'm pulling it up i'm pulling it up
all right share screen this is hilarious this is so absurd
okay all right check that out i mean that is a poker table with that's the best one i could find
those okay uh sure sure that's that is a table yes anyway yes the flop is the first three cards
then there's a round of betting then you get the turn that's the fourth card then there's a round of betting. Then you get the turn. That's the fourth card. Then there's another round of betting.
And the fifth card comes out.
Oh, the fifth card is the river.
Then it's the last round of betting.
Do you know why it's called the river?
Is there any reason why it's called the river?
There's a lot of poker slang that does not make
enough sense or i i don't think there's any specific reason okay um i can tell you like
for example slang for full house is boat why i don't know okay um so yeah so once you have the
river and the final round of betting,
if there are two players that make it to the end,
at that point, they have to show their cards.
And you will determine the winner. I do have one quick question for you, though.
Okay, so before I tell you,
I'm going to let Eddie guess.
What's the worst two- hand it's gotta be like
a two and a seven or something like that or like a two and an eight okay i got i think he cheated
guys yeah it's seven two offsuit no way yeah it is yeah and the reason it isn't something like two
four or two three because those numbers are
lower is because those have a chance of making a straight like two three four five six or ace two
three four five but seven eight better than seven though what's that how is eight better than seven
okay so if two players don't have a pair it goes down to your highest five cards and eight is higher than seven
oh okay okay so actually eight two versus seven two is is actually pretty bad for the the seven
two player is pretty badly beaten outmatched okay yeah there's a term for that in poker it's called
domination that's when you have one of the same cards as your opponent and the other card theirs is lower than
yours so like if i have ace king and you have ace 10 i'm dominating you because if we both get a
pair of aces i'll win with the king got it got it okay okay so all right i'm following so let's
let's proceed where are we at okay so we've gone over the basic flow of play,
how the flop turn river comes out, the hands.
Usually the next thing that people want to look at
And I think that gives you...
Is that the rainbow sheet that you gave me?
The worst hands are blue.
see if I can zoom in on this puppy.
We're zooming in. No, let's back out.
Maximize. The way this chart works, it's pretty simple.
And the number that you see
underneath the hand, that's
in the percentile of hands.
give you some caveats here.
pocket aces? Yeah, essentially it's the best. I don't know why they used zero percentile for pocket aces? Yeah, essentially it's the best.
I don't know why they used zero
percentile. They did it reverse,
right? Because normally that would have been like
99 percentile or whatever.
I gotta pause you for a moment.
So Lex, real quick, what is your favorite thing about yourself i you know i'm gonna have to think about it for a minute and come back to it no okay that's a cop
out that's a cop that's a pathetic cop out anyway well okay the brutal honesty is when i was younger
it would have been my intellect but i can actually feel myself getting dumber each year that goes by
I would have been awesome at this eight years
ago, but now it's actually kind of hard.
So, for now, looking at this. Okay. okay and by the way if you guys are in chat feel free likes
retweets go a long way or just engage in chat it's also helpful yes to see you guys go tell
he's doing great questions tonight we are especially asking for questions because we need
to much like when you had a presentation at school that you did not prepare for, we would love to be able to fill some time this evening,
as I've done all preparation for tonight, as far as I'm aware,
and that should get us about 15 minutes.
So, Annie, at about 10 minutes, it was pretty...
Now, Annie, I want to talk to you a little bit about the flaw in this chart here.
Now, if I were to ask you to just be the biggest flaw in a chart like this.
Um, like just generally, what's the biggest flaw?
Well, I mean, I don't, it's not super.
Oh, the like, well, one of the things is, like,
I have no idea what these O's are
that are next to things, like these S's or O's.
Yeah, I should have explained that to you.
O means off-suit or unsuited,
and S means suited, so the same suit.
Yes, like, Ace-King suited is AKS,
and that's top 2%, whereas AK... So that would be, like, Ace of... Ace, king, suited is AKS, and that's top 2%,
So that would be like ace of spades
So what's the problem with this?
Wait, what's t 10 uh hmm correct what is the problem with this
i mean yeah this is clearly the worst um i don't know i'm not not, I'm, I get the, I get the format. I guess, I guess it's not clear what
beats what per se, like exactly how they combat, but I don't think that that's what you were
looking for. No, it's not, but it was a difficult question. The biggest problem with this chart
is that it doesn't say anything about the conditions of your game.
So this chart is homologized from data that is sort of averaged.
And what I mean by that is if you're playing with one other player,
the hand rankings change significantly with nine other players and the reason for that
oh i've heard yes yes the reason for that is simple but i think you understanding it early
is something that'll help you be a better player the whole time now if you if just you and me are
playing and we play every hand to showdown meaning we get to where we show our cards
even having one pair is a fairly strong hand because we're just playing with each other
and the average hand doesn't even make a pair like if you just if you just give yourself hands
you're not gonna have a pair yeah you're not gonna have a pair like 52 but if you have if
you have 12 people at the table you're basically guaranteed to have multiple right exactly now when you have 10 people playing at the table
and let's say that there comes three hearts out in the community cards it's very likely that with
10 people at the table one of those people has two hearts in their hand which means they have
a flush that's a very powerful hand so the more people playing the more you have to realize that
you need a stronger hand to win a hand like a pair of aces is amazing against one player
but a pair of aces against 10 players is usually not going to win the pot there is usually going
to be a better hand than pair of aces by the time the fifth card
has come out. Hey, Lex, when you get a moment, what's in the fish tank? So I have two things in
the fish tank. I have one, I have what's called dojo loaches. They look like little eels. And
if I fed them, they'd probably start swimming around. Maybe I'll do that.
The second thing I have is a funny story.
You don't normally feed them?
I actually fed them earlier.
It's just that after they eat, they go back to slinking around the bottom of the fish tank.
The second thing I have is called a bristle-nosed pleco.
And it's a rescue fish that I got for you fish yes i i was uh
i was looking for aquarium stuff on facebook marketplace i think it was facebook marketplace
and uh i came across a lady who was giving away her aquarium and stuff and uh yeah they did not want the fish that were in it
and i don't know if i could i don't know where he's he's he's hiding in the roman call thing um
yeah so they didn't want the fish all right this one see him he's uh he's swimming around there wait is it is it just me or has my connection
just gone like kaput i see you i can still hear you okay there you are now you're now you're coming
in better okay cool um all right yeah so i rescued the fish they didn't even have a tank filter the
the water was like you couldn't even see through it it was gross so like i had to like rehabilitate the fish yeah wow uh yeah
because because my roommate has a fish um it's a puffer fish oh no that's really cool this is a
freshwater so um you have her name is uh her name is mrs chompy pants i think i see them at the uh
aquarium store i think they're super cute and i want to get one but
yeah it is super cute you are apparently not allowed to scare them into being puffed because
it like actually severely diminishes their lifespan yeah yeah yeah okay
anyway um thank you thank you from the peanut gallery you you guys could please
feel free to keep asking away.
Okay, so we've discovered a larger pool of players.
And, you know, I would say that the average when you're playing with your friends is like four to five players.
You know, that's kind of in the middle.
You're probably going to favor hands. You're going to favor high hands when you're playing with four to five players okay you know that's kind of in the middle you're probably going to favor hands you're going to favor high hands when you're playing with four to five people okay meaning
things like aces ace king ace queen um so the reason that the pairs do really well you might
notice that even pocket twos is in the top 25 percent uh pocket twos i'm looking for it hold on i'm finding it's in the very bottom right
uh yeah oh interesting okay yeah yes for that is is pocket twos are a favorite even against ace king
which is you know normally one of the better hands and they're also quite good in a large game because
what you do is you only play them to the flop
hoping for a two. If you get a three of a
kind, you have an extremely strong hand.
So that's a pretty common...
slang for a three of a kind.
So, you have to understand like what you're doing.
Like if you, if you have a pocket twos as your hand
you're playing it extremely differently
than if you have pocket twos
and you're playing against just one player,
you know, just your friend.
Because if you have just one or two other people,
then you might just be playing it for the pair.
Whereas if you're playing it again, so you might play it through all the way to the end, but if you're playing against 10 people, if you are playing it through to the river, you are making a mistake.
Exactly. So now that you understand that concept, this chart gives you a general idea of hand power.
And if you're in a game with only one or two other players,
then you favor hands like pairs a little more.
And if you're in a game with a lot of players,
then hands like Jack-10 suited become very good.
So Jack-10 can make more straights than any other hands.
Right, because Ace can...
Oh, because that's right in the middle between up to exactly
exactly it's right in the middle and it also makes the highest straights in the game like
ace king queen jack 10 king queen jack 10 9 etc um so like jack 10 is quite good in a game of
eight nine ten players it's not a hand i really like with that game of four players because if i
hit big on it and i get a straight i probably won't even get anyone to pay me off because the
hands aren't too good and i'm not gonna win on pairs so then like here's here's let's just do
this example so like pair of tens or queen uh queen ace suited okay so if you are playing and also why does why is he asking that
like i don't understand what's the like what's the point of that question like how do you because
like can't if you just reference this right so like probably very close together pair of tens
looks like four like so that's top four percentile and then queen ace suited is uh top two top two
so theoretically just reading off that it should be like ace queen suited is 50 better theoretically
on the percentile risk right well yeah it's i mean it doesn't really work like that um sure
they're both premium hands that you would always at least play
and probably almost always raise.
If I'm playing against one player, I would rather have the tens,
and if I'm playing against several players, I'd rather have the ace.
I'd probably rather have the ace-queen suited,
but it would also somewhat depend on the tendencies of the other players I'm playing with.
So there's a concept that we abbreviate as VPIP.
It stands for Voluntarily Put in Pot.
But what it is is how often you play a hand, basically.
And if you are playing with 10 players you need to be playing 15 to 25 percent
of your hands you can be profitable in that range but if you're playing with four players
and you only play 15 to 25 percent of your hands you're never going to win in that game
right because you're folding three quarters of your hands and you have to pay the blinds.
So you essentially, the less players that are in your game,
the crappier hands that you have to start playing
so that you don't become too passive.
And I assume that the ratio probably moves from like,
in a five-man game, you should probably be playing.
No, let's say around like 40% of your hands versus what's up, Junjun Kun.
I see, I see you on a, on a, on abstract.
So around like 40 to 50% of your hands should be played around on like a five-man game versus up to a 10-man
probably like 15 to 25 and on a 12-man probably no more than like five to 10 i've actually never
seen a game with more than 10 players for whatever that's worth so um but yeah your numbers are
roughly i think 50 is probably a little high for five man but you know if you're playing heads up with just one guy you probably have to play 70 to 80 percent of your hands um another thing that you have to
keep in mind is the more players at your table the straighter you need to play and the less
players you play with the trickier you need to play because if you play straightforward abc poker against one or two
players it's becomes too obvious to see what you're doing and make you fold all the time um so
another way of looking at that is the less players that you play with the higher skill the game
so what's an average game in terms of like
games at people's places in New York,
Lex might have just cut out here.
Because Lex was having some issues.
You just cut out for a bit.
He's coming back. He's coming back, chat.
Okay, that was very strange. I am still here, yes.
Yeah, your internet has been, like, in and out, but okay.
So, let's see, you were asking me about game size.
There's two standard sizes, okay?
You go to a casino, you play it online. So you were asking me about game size. There's two standard sizes, okay?
You go to a casino, you play it online.
It's 10 men and six max, right?
So it's either 10 players, sometimes it's nine,
or a six-player table. I would say a six-player table is sort of the standard
for recreational play at a casino,
but 10 is pretty much equally as common.
In my experience in games with friends, fraternity brothers,
after parties, et cetera,
I would say it's pretty common to get like four people together.
Less than four, and it starts to, in my opinion,
kind of hurt the game quality,
unless you're into playing very shorthanded games with people.
I had a friend who loved playing with
just one player because he was a very like tricky player and he was really into like the mind game
aspect um i in my opinion the less players you play with the more exhausting it is because you
have to play more hands and you have to play them in a more varied way so what did you enjoy what did you enjoy more
six man games or 10 i enjoyed 10 man games the most but to be fair that is primarily because
i was most profitable in those games the average player i think per the six man game because they
get to play more hands um you can play about 30%, 35% at a six-man table, and that can be strong
like by the book poker. But at a 10-man table, you're looking at more like 15 to 25. And people
want to play more hands. People don't want to go to the casino and sit there and fold.
Good question about passivity. There can be, definitely.
I actually did used to play a very passive strategy sometimes.
It depends on the table you're at,
but an example where a passive strategy is excellent
is when you have a lot of people limping into the game.
Limping means you call the blind, but you don't raise.
So there's a lot of people that see the flop
but not a lot of raising that's a game where you can call a lot of flops and then hope that you
hit something good so so so what does that mean okay so that's like so that's like let's say you
have the the little blind is 50 cents we're playing a hundred dollar buying correct little
blind is 50 cents right the big The big blind is $1.
The little blind eventually calls back.
Like, everyone just calls.
It goes up to $1 because the little blind calls again.
And are you just saying that limping means, like,
basically everyone is just calling?
Or what do you think? Yes.
Limping is just slang for calling the bet before the flop instead of raising it and in that game you
described there would be ten dollars in the pot if there were ten people at the table because all
ten people called that's a great game for a hand like pocket twos like we were talking before
because you pay one dollar and you see the flop and if you get a two you can probably get somebody to pay you a lot of money. If you don't get a two, you just fold.
Now, if you're playing at a table where
sometimes you're at a table where there
is a guy who raises every single
what hand he has, he's going to
raise. So that means there are
some hands that you will avoid playing
because you don't want to call a raise with them.
But a lot of your other hands now automatically have to become re-raises
Because now you know that he's doing that with basically any hand.
So the hand rankings and the betting strategy definitely
adjusts based on what's happening at the table okay the strategy around the blinds um so the
blinds exist to force action into the pot right because if nobody had to pay a blind bet that
blind just means you have to put the bet out before you see your card right right if nobody had
to put any money in then a lot of games would just be like everybody would fold because nobody has a
hand they want to play and you just go on to the next hand so to eliminate that you have the blinds
and that forces money into the pot and it means if you play too passive you'll eventually just
lose money to the blinds so what that means is that sometimes people will raise
to do what's called stealing the blinds.
And that means you're raising
with not necessarily a good hand,
but you're raising because you think
you can just take the blinds with your raise.
An example would be, if you have the dealer button,
you get to see what everybody else does
right? Except the small and the big blind. Because the first guy that has to do anything
is the first guy left of the blind. So the first guy left of the blind has to call or fold,
and then it goes all the way around the table in order. And then it's the guy with the dealer
button. So in a situation where everybody has folded up to the dealer, nobody
else is in the hand. The dealer knows that, okay, the only two people in the hand are the big blind
and the small blind, and they're only there because they were forced to put money in. So I'm
going to raise $3 here just because there's a good chance that they'll fold, their cards are probably bad, and they're in a bad position.
So that's called raising to steal the blinds.
Now, I mentioned position there.
So position is very important.
The dealer button is the best position for every round except the first round.
Technically, the first round, the best position is the big blind, because it goes last, but it has to put in the big blind. So it's, you know, it's not the
best position. The reason that the dealer button is the best position is again, because you get to
see what everybody else does before it's your turn, right? So let's say that you're the first
guy to the left of the blind and you pick up hand, and it is something in the middle, like queen 10 unsuited.
Now, that's percentile 22 on our little chart here, but I can tell you that it's not a very good hand.
that it's not a very good hand, right?
It's good enough to play, but not great.
It's good enough to play, but not great.
Now, you're the first person going
and you look at the table
and there's seven other people behind you with hands
and you don't know what they're going to do yet, right?
So I'm probably going to fold queen 10
in that situation almost every time,
even though it is technically a playable hand.
And that's because it's just not a very good hand and it's
it doesn't pay off the amount of times that you get raised by somebody else later because they
have a better hand than you is quite a lot and when you do win money you won't win very much
and that's because there's really no good hands to pay you off. And we'll talk more about that later.
But now if we go back to that situation where you're on the dealer button
and everyone has folded to you,
so now it's just you, the small blind, and the big blind,
and you look down and you have queen 10.
Well, now I'm raising there like every single time
because statistically queen 10 is probably better
than both the big blind and the
small blinds hands because they just have any random two cards right also i get to see what
they do every round first so if they call me and we see the flop the small blind has to bet or check
then the big blind has to bet or check and then it's my turn so i will have more information every round of the
game because i get to see what they do right so if they both check to me after calling that tells
me they probably don't have a good hand and then i'll probably just bet another four dollars and
probably fold you know they'll probably fold at that point. But that play
sequence would not have made sense if I was
because there's too much of a chance that one of
the six other players has a better hand than me.
the closer you are to the button,
So the real power of your hand
is a combination of three things. It's the
two cards that you have. It's where you're sitting at the table. How close are you to the dealer
button? So how late is your position? And then the third thing is your advertising value or your
image, which we haven't talked about yet. But an example of that is if you are
being seen at the table as an extremely reckless player, then when you get pocket aces, they are
even stronger for you. Because when you bet recklessly with aces, people will think you're
just being reckless. So that's what I mean by the real power of your hand is three different things
combined it's the cards you hold it's the position that you're sitting in and it's the advertising
image or the appearance that you have at the table um and you have to look one of the biggest
skills in poker is fluidly analyzing those three things for each hand and deciding whether you fold call
or raise that's probably the the most common the biggest decision in poker and i would say
you know like when i back when i played poker we still use message boards right
and one of the message boards that we had was a hand review forum.
And people would post hands on there.
And you would read through the hand history and try to give them advice to become better.
And I would say the number one thing that new players that were trying to become profitable did wrong was that they played too many hands.
Like there were hands that they should have folded that they called or they raised with so one of the most important things to winning at poker is deciding how strong your hand is
combined with your position and your image and then deciding whether you call raise or fold um
so you know there's no easy shortcut to like mastering this except playing a lot but
you know now i think like it's like this actually that was really enlightening and like this chart
here though do you just have this effectively mat like memorized you know maybe not like
i can't ask you uh what's what's jack jack seven uns, and you'll know exactly off the top of your head the number,
but for every single one.
Basically, this heat map is burned into your main.
Yes, I had a heat map very similar to this,
And perhaps more importantly than that
is that I understood the reason why the heat map
looks the way it does. And I was able to adapt
that for the game. Because again, observations, like Jack 10 suited is one of the strongest hands
in the game at a full table, but it's really not very good against one player. It's fine. I mean, you know, but like, okay. So queen two offsuit is a favorite against jack 10 suited,
but jack 10 suited is a sixth percentile hand
and queen two offsuit is, where is it on the chart?
Well, queen two suited is 31 percentile.
So I'm sure queen two off suited is significantly
70 79 it's in the blue bottom left 79 oh yeah okay so but queen two offsuit
is a favorite against jack 10 suited with one player so if you're playing in a tournament
you start out playing at tables with 10 players and you have to apply that strategy where you're playing 15 to 20 percent of your hands and you're careful about playing hands that are only strong with 10 players.
Right. But then at the end of the tournament, you're playing two or three different people to try to win.
You have to completely change the amount of hands you're playing, what hands you're playing and how you're playing them. So like, if you're a cash player,
you just go to the game you're good at, right? Like I was really good at full games. So I would
play full games. If I was playing a game of nine people and four people left, I'd just be like,
peace and go to a table that had nine people. No way because that's that's like i just like i tracked my profitability and i was more profitable at large tables because you know
one of my strengths is patience so i didn't ever have the problem of playing too many hands
um you know other people like i had a friend who was much better at short tables two three four
but he sucked at full tables he was impatient and he always wanted to try to like prove he was smart by.
Get them to wager with removing their clothes.
No, actually, did you notice it? I i mean take this question at its face value
um did you notice different play style among women i have to be honest with you guys i have
like almost virtually never actually played with women wow i i played a ton with friends in high school and college, and then I played a ton online, and I played a decent amount in casinos and a little bit in underground games in New York.
But for reasons I might elaborate on later, I didn't really stick with the underground games.
And the only place out of any of those that you might run into women is the casino.
But I'm, I'm never like, honestly, I'm trying to remember.
I can't think of, I can't think of more than one or two times where I, where I played with women and they weren't in any way materially different than the men.
any way materially different than the men from what i could tell it takes a special kind of
woman to go to a casino and sit at a poker table with nine guys that are drinking beers and smoking
cigars so like the end result is it's very much like playing with a man i think i can just so you
know i can hear them they're like cackling they're like cackling somewhere over there. You know, I would love to play with like a 10
table with me and nine women. That's funny.
I would love to do that. Sort of like
let's combine The Bachelor
just one product. Lex, you know I can do
this, right? You know I can make
a show like that. Well, you know what? Whether it's you who's
playing and I help referee
or whether it's me or whether we do both,
quality entertainment to me.
I'm open to it. I'm open to it.
teams where we play a season and see
whether the girls or the boys are better.
I think it would be an interesting exercise
because, I mean... It would be an interesting exercise because i mean
exercise look i and like written in patience versus risk tolerance versus all that ev calculation
yeah um it seems to me like it could it could be either genders uh you know up for grabs honestly
so um i would certainly be be down for researching that. But in my experience,
the casino is like 95% men and the 5% of women that are there are mostly your grandma at the
slot machines. And yeah, I mean, it's just true. Like guys, if you ever want to feel a little bit
sad, go to a casino and walk through the slot machine section it will just be rows
and rows of 80 year olds like they will look like zombies just incredible um here so and by the way
if you guys are in chat or if you guys are still watching this, thanks. Let me just do a quick recap at this point.
So we're about an hour in.
We've had about 130, 140 people come through.
Honestly, not terrible for a non-crypto show where we're not taught.
We're talking about poker.
We're not talking about something super actionable.
It's just people tuning in because they just are interested that's honestly not too bad with zero
advertising um i'd say that these numbers are like not bad kind of interested in just like finding
what you know what's the uh what's the what's the baseline here um all right cool i'm kind of happy
about that i'm gonna switch to the drawing odds image that you sent me in just a moment before we do that sure no that's that's probably the next logical thing to discuss
would you would you play me and heads up 10 i don't know what 10 one means okay what he's saying
is that i have to give you 10 to 1 odds so if i lose 100 bucks to you i'd actually have to pay
a thousand and no there's there, I don't think there's
anyone. I mean, there's very few people on the planet that anyone is better enough than to give
them 10 to one odds. Right. I mean, Eddie, if Eddie was actually getting 10 to one odds for me,
he could employ a very basic strategy to beat me. And like, honestly, it could be as simple as go all in every hand.
Like you go all in every hand and even the absolute worst possible hands, they usually have at least an 11% chance. So he would be plus EV going all in every hand against me at 10 to one.
So that is a very boring, but math poker based answer for why I would not play Eddie with 10
What do I think the actual odds are for me playing Eddie?
anything better than that starts to become impossible. I think so.
I couldn't be better than that.
this is why all the, all the all the the best crypto traders
tend to be poker players it's just the uh the ability to like snap calculate ev
well i would say perhaps even just as important as the emotional control um one of the most common
ways to lose at poker is to lose a hand where you're supposed to win by the odds, and then you get mad about it.
So basically you do the equivalent of what we call revenge trading in crypto.
Like you lose with your pocket aces to a player who's bad, and then you get mad.
And then you start playing more hands to try to punish that player.
Maybe you're playing bad hands, you start playing angry. The try to punish that player. Maybe you're playing bad hands.
You start playing angry. The term for that is called going on tilt.
Now you know where it comes from.
I have a story about that.
Actually, I was I went to a casino with a friend who I worked at a law firm with.
We were meeting a client there because the client wanted to play poker.
And pretty much 15 minutes after I got there, the client left.
So we ended up just me and this lawyer playing poker for a little bit.
And he lost to a guy who was playing a very bad hand
who shouldn't have called the raises in the first place and ended up,
you know, stacking him, taking his whole, like all his money.
So he had to buy back in.
And he immediately started berating the guy angrily yelling at him,
That's donkey is poker slang for an idiot.
And it got so heated that he actually got thrown out of the casino
for berating this other customer.
So, yeah, it definitely happens quite a bit in poker.
People get very mad if you lose a hand to them sometimes
it can even be if you know a player
has this problem it can be profitable
know that when you catch them
with one you'll cause them to ruin
to the ending of the movie rounders which
I can't recommend enough.
Yes. Just a really entertaining movie, whether you like poker or not.
Honestly, I've watched this movie with three, four, five women. They all loved it.
They didn't care about poker. It's still very entertaining. So yeah, highly recommend it.
Good Riz tips alright thanks Lex
you need a cover for that
Netflix and chill I don't know if it's on Netflix
there's no Netflixing and chilling going on Lex
hope springs eternal right
alright what's this graphic You know, hope springs eternal, right? God.
Okay, what's this graphic?
Okay, so this gives you your approximate percentage odds
of hitting a draw that you need.
And so part of knowing how to rank hands
is knowing how many outs you have on the flop, right?
And by the way, Liam, we're going to get to your question.
Like, give us like two, three minutes.
Let's go through this first and then we'll get to your question, Liam.
I was just checking out his question.
So let's take a hand like Jack 10 that we talked about before.
Now, you understand that that hand is primarily good because you can get a
But you are very unlikely to get that straight on the flop by hitting
What you will often get though is two of the cards that you need.
let's say the flop is nine, eight, is two of the cards that you need, right? So, for example, let's say the flop
So now you have jack-10-9-8.
Now you need to know what your chances
are of getting that straight, so
whether you should call bets that
people make, or whether you
should bet the pot yourself.
In the case of Jack 10, 9, 8, how many outs do you have?
Outs is the slang for cards that would make your hand.
So what are the cards that would make your straight?
Yeah, you've got jack 10 in your hand
and a 9 8 on the board well a 7 right and and uh a queen exactly right now how many sevens and
queens are there uh four and eight eight eight cards. Right.
So that means you have an eight out draw.
So if you look at this chart and you see at eight,
it says open-ended straight draw.
That's what Jack 10, nine, eight is.
It's- Wait, hold on, hold on.
I'm trying to like, trying to read this.
So on the left side, you have number of outs.
So this would be eight, eight open-ended straight draw?
Now that you know the number of outs is eight,
you can look and see what your chances are.
Your chances of getting your straight on
the turn or the river, meaning in the next
two cards, is about 31.5%.
Okay. Because it would be
Now that means if somebody is betting less than 31% of the pot,
you can automatically call.
Technically, it would be 17% of the pot
because you'd only be seeing one card.
Now, alternatively, let's say that instead of having jack 10 on the flop,
let's say you have a pair of nines and it
is you have a pair of nines in your hand okay and the flop is still nine eight two so you have
the best hand possible right now you have three of a kind of a mistake when they call you.
So even if you don't have the draw,
you still need to know what the odds are on the draw.
Because if you bet with your three nines and I call you,
you got to be thinking, what does this dude have he didn't raise me so he probably doesn't have three eights or three twos the most likely thing
for him to have is something like jack 10 so you want to bet enough to make me pay so the chances
of me making my straight on one card on the turn would be 17%. So you have to bet significantly more than 17% so that I'm making a mathematical mistake
when I call. Do you understand? I get the concept. It's just the math is struggling right now,
but I get the general gist of what you're saying. So what are the numbers on the board again?
It's the numbers in the flop.
9-8-2, and I have a three of a kind because I have a pair of nines.
You wouldn't know this, but let's say I have jack 10.
So I have the eight out open-ended straight draw.
Right, which means that you have a 31% chance, I have Jack 10. So I have the eight out open ended straight draw. Right.
Which means that you have a 31% chance,
31 and a half percent chance of winning.
you don't have outs. You you already you have what's called
a made hand you have three of a kind nines if i don't draw my card you win anyway so right okay
so okay i got it i got it my hand so i need to be betting at 32 of the pot or higher
right you know what that's in the neighborhood again technically it's 17 per
card because two cards in a row comes out to about 31 and remember if you bet and i call
the turn comes out that's only one card you'll get to bet at me a second time. So what you want to do... Is bet proportionate to each turn.
So this is more of an art than a science, but bet sizing.
You want to bet enough money that I pay you some money trying to chase my draw,
but you don't want to bet so little that it's actually profitable for me to call.
to bet so little that it's actually profitable for me to call let me give you an example if the pot
Let me give you an example.
is ten dollars and you bet one dollar i'm looking at calling one dollar to win an eleven dollar pot
so that's eleven to one that is way better than the 17 chance that i have to get my straight on
the turn so i automatically call for a dollar you made a mistake you gave me a profitable call
So I automatically call for a dollar.
You gave me a profitable call.
Let's say you bet $5 into the $10 pot.
So now the pot is 15 with your bet.
And I have to call $5 into a 15.
But my chance to make my straight on the next card is only 17%. So if I call that,
I'm probably making a mistake. It gets a little more complicated than that.
A concept we'll talk about in a minute called implied odds. Generally speaking, you have to
at least make me pay a decent amount more than my chance of getting the card or else it's a mistake and that's also
okay so here is also i would assume where you do a little bit of mental math to be like does this
person have a good track record of being able to predict their own numbers and do i think that
they're actually in keeping with their own numbers so that way i can get a potentially
like a tell on what type of hand that they have. And that's the game.
Yeah, a big part of it is what's called hand reading.
Now, people like to talk about reading people and reading tells.
That's what's popular in the movies.
That's not really a real thing.
I can't honestly count like on the like my hands
how many big hands I won you know because of a a tell but having a read on
a player is extremely helpful when you've played with a player for a while
you should be paying attention to what they're doing and be classifying them
into either what's called a tight player. That's a player who doesn't play many hands and doesn't bluff very often.
which is a player who plays a lot of hands and might bluff more often.
And sometimes you even get what we call maniac,
which is just like somebody who plays crazy.
And there's no consistent ordering to their play or anything like that.
You have to bet a different amount depending on which one of those players
is the guy that you're betting against when you have the three nines, right?
If you're playing a maniac, go ahead and bet like half the pot
or two thirds of the pot or the whole pot
because the guy's going to call you with a bunch of crap.
You got to make him pay for his draws.
If you're playing a player who is extremely tight and, you know, won't chase hands,
then you can only charge them a little bit more than the odds to try to get them to pay you. So maybe if they're a 17% chance to hit their card, you can only get them to pay 25%,
something like that. But even that, even that can be a risk. Let me explain why.
Let's go back to where you're the guy with Jack 10 and the board is still 9.82.
Okay. I'll be the guy that has the nines. Okay. So let's say I bet $5 into the $10 pot,
and you're, again, you're looking at,
Now, as we discussed before, odds on alone,
that would not be a good call.
Because you have a 17 chance
to hit your hand you'll probably miss and then he's just going to bet at you again so you're
you're paying 35 33 for 17 and a half percent right right but there's an extremely important
concept in no limit hold'em called implied odds. Implied odds are very different
from real pot odds. The $5 bet into a $15 pot, that's called pot odds. So we're comparing the
bet to the size of the pot. The bet is five, the pot is 15. So that's three to one pot odds.
Oh, but you're about to bring up compared to the size of my
betting stack exactly implied odds means if i have you have the straight and i bet the five
dollars at you now you're not thinking well okay i win the hand if i hit one of my eight cards
that's a 17 chance but i'm not getting 17% odds from the pot. I'm getting 35.
But if I call Lex, I think I can get him to pay me another $40 because I don't think he'll be able
to fold his hand. If I get a seven and I have a straight, I don't think he'll be able to fold his three nines.
I will get to make more money on him. So the times that I hit, I will make more than the $15 in the
pot. Now it becomes a game where you have to estimate when you hit your hand, how much more
money can you extract from me? Now, if I'm the type of player where you've seen me make a huge laydown,
like people love the huge laydown videos on YouTube.
I had one pop into my feed the other day,
and it was like guy folded the second best hand on the board
in a $100,000 pot to the only two cards that could beat him
because he figured out that
the guy had you know people love that stuff but in reality you can't do that very often a lot of
times you have to pay people off when they hit their hands because if you fold every time a card
hits the board that makes a straight people are constantly going to be bluffing at you with cards right so when you're calling with your
draw you also have to take into account what might i be able to win from this player if i hit my hand
and could it be their whole hundred dollar stack so it is not as simple as just comparing this chart
to the numbers in the pot but But that is where you start.
The base level of understanding is comparing these percentages
in the drawing odds to the pot.
That gives you a basic idea.
And now before we go too much further,
do you mind if I go through Liam's question?
So Liam also asked, this was a typo he says what's more important uh being up chip chips
or being in position on a four-man table specifically but also just generally
um i would say in most cases position, unless the chip amounts are extreme.
You know, you get into a situation, I've been in this situation, I've been on both sides of it,
where in a tournament, you're down to the last few players.
Let's say there are three players and one guy has 10,000 chips, one guy has 9,000 chips, and I've got 200 chips.
Okay, I just have to go all in every hand. The blinds are too big.
There's just, there's nothing I can do. So in that case, chips matter more than position,
but in cases where the stacks are not wildly different, position is generally much more
valuable. Um, although I would, interesting fact, I would say the worse of a player you are, the
less valuable position is to you.
Um, because position is a tool and if you don't know how to use it properly, it won't
Position being like what cards you have, right?
How close you are to the dealer button.
Position always refers to how close you are to getting to go last in every betting round.
Now, this question of his, or not question, this statement of his, what does this mean?
So this is what we were talking about before with odds.
And, like, if I'm trying to draw to a straight that has a 17% chance to hit,
you have to make sure that you charge me a lot more than 17 per card
so um chasing means you're drawing at a hand that's slang for drawing a hand
and uh pay for the river just means you you have to make me pay to draw each card
got it like the worst thing you could do with your three nines would be to check would be to not
bet anything because then i would just with my jack 10 9 8 i would check i would not bet and
you'd get and you'd get free 17 get a free card exactly it's called giving a free card
if you think you're currently winning like the overall concept is as simple as if you think
you're currently winning the hand you want to get more money in simple as if you think you're currently winning the hand
you want to get more money in the pot if you think you're currently losing the hand and you need to
draw you want to get as little money in the pot as possible until you think you're winning
so you just figure out what side of that you're on you're either winning or losing and if you're
winning you need to bet generally and if you're
losing you're trying to get cards as cheap as possible and that's why position is so great
with weaker hands because a lot of times people are afraid to bet early because they think what
if the guy on the button raises me they don't know what you're gonna do so they check to you a lot
when you're on the button you get a lot of cards. So that's why you play a lot more speculative hands
when you're on the button.
And speculative hands are not good
when you're close to the blinds.
So speculative hand being like something
where you're hoping for a straight
rather than if you were close to a blind
and you had like a pair of tens in hand exactly yeah got it okay
cool weaker hands yeah because that's another concept we haven't really discussed this yet but
there's two types of hands there's hands that can win a pot with just a couple of people because
they have high card and pair value and then there's hands that can win a big pot where multiple people are in it.
And we talked a little bit about this before,
but this was the difference between a hand like Ace King suited versus a hand
Like Pocket Tens is not going to win a 10-man game at the river most of the time.
But it's going to clean up in four-man games. Yeah, but in a four-man game at the river most of the time. But it's going to clean up in four-man games.
Yeah, but in a four-man game, it's
phenomenal. Now, what that means
say you're playing the Jack-10 suited
hand. That's a hand that's great with a lot of
people, and it's bad with few people.
right next to the blinds,
because you don't know how many people are going to be in yet.
Let me give you an example.
If only the button plays the hand,
let's say that everybody folds to the button,
it would have been bad to play jack 10.
There's not enough people in the hand.
You need there to be multiple people in the hand for those kinds of hands to
So another example would be like a bad suited hand,
That can be playable in late position.
What's the situation that jack five suited is playable
Well, let's say every single player limped for $1
and there's $10 in the pot and you
But you definitely wouldn't want to play that hand
if you're under the gun. Under the gun is slang
for the first person left of the blinds.
And that's because you don't know
if there's going to be enough people in the hand to
justify playing such a speculative suited
So some hands that are on there as very playable
won't be very good if only one person's in the hand.
Queen 10 suited, for example.
It's not very great against one player.
Any king is beating you by, like, 60%.
Just king-two is beating you, you know?
But with nine people in, queen-10 suited,
you can get a good flush, you can get a good straight.
And when you get that, you'll usually win.
You'll often get people with a weaker flush to pay you off.
And that's another thing that you need to think about
like why is seven two suited not a playable hand well you could get a straight even in even in a
10-man game where everybody limps for a dollar you probably don't want to play that hand the reason
is that sometimes when you get your flush, you will still lose to a better flush
because your flush is only 7-2.
Anybody with an 8 suited, a 9 suited, a 10 suited...
that's a hand that can...
It's called being a hand where you can win a small pot
If you win a hand with 7-2 suited,
let's say you had 7-2 clubs
and three clubs come out on the board,
you only win a small hand
because everybody sees the three clubs
on the board and they're afraid of the flush
and there's nobody to pay you off
But you can lose a huge hand with it
because the other guy has ace-king suited
and you bet thinking that your flush is good,
and you end up all in, and he has the ace flush,
and you have the seven flush.
So seven suited is a hand where you can win a tiny pot or lose a big one,
Have you ever played a seven-two suited?
You'll play every hand at some point because eventually you'll get it for
nobody raises you and you're the big blind,
you get to play that hand for free
because you already put in a dollar.
somebody raises you and you're the big blind,
you're going to call weaker hands because you've
So sometimes you will play hands like 7-2.
Yeah, but 7-2 suited even is a hand. I'll fold that even playing with two players.
Now, actually, I'm curious.
Is there any most likely hand?
Like, mathematically, no.
Yeah, that would make sense.
There are less likely hands.
So, Ace-King suited requires two specific cards, right? the ace and the king of the same suit
yeah so that is a less common hand than ace king unsuited okay sure right and also pairs are less
common right because like when i deal your hands yeah once you've given me one of the ten... There's only three left.
But all the unsuited hands are equally likely.
All the pairs are equally likely to the other pairs.
You'll get ace-ace the same amount that you get deuce-deuce.
So now, I guess... What do I need to know now? So now I get the, I generally get this drawing odds thing. And I get the concept of like making someone pay. Which, by the way, what is, what would be, like, first off, inside straight draw, two overs open-ended straight draw i don't what
what do these mean okay straight draw i think i get what that concept you have like four and the
five of a of a uh three no what is this okay i think you're on the right track but the terminology we can we can go over it real quick
an inside straight draw is when you have like you have the jack 10 and on the board there's a seven
six or i'm sorry an eight seven so you're missing the nine in the middle now there's only four nines
so you can understand you can see why that is is half as good as having what's called an open-ended
straight where there's two cards that you can catch got it okay right and the slang for that
is is a gut shot so an inside straight draw is called a gut shot because it's not very good
and you you don't usually draw to them um so two overs overs that refers to over cards
now over cards is a concept
that comes into play more when you play with fewer people
that you have cards in your hand that are higher
than the board so let's say it's just
So now I have a pair of 10s.
slightly worse odds than you
would on the open-ended straight because you have six outs so that you always want to try to identify
first you're like trying to figure out what do i need to win this game what does the opponent have
and then so let's say you're a good player and you put me on jack 10. And you're like, I think Lex has jack 10, so he's got a pair of 10s.
That means I win if I get an ace or a king.
Now there's three of each of those because I'm holding one in my hands.
So that means I have six outs to my two over cards.
And that comes out to about 25%.
Okay. I got it. i got it okay now if you seven oh is that like
seven outs yeah well there's lots of interesting combinations so let's let's look at another flop Let's say that you still have ace-king. Yeah.
Okay. And the flop comes jack-10-2.
So that would mean I have a pair of 10s.
No, I have just, I have the hand, my hand is 10, two.
And you said it was Jack 10, two on the, on the board.
Let's say my hand is 10, three.
I just want to have a pair of 10s.
Very, very good catch by you actually.
You're really paying attention.
So I've got just a pair of 10s.
But you've got the ace thing.
So you still have the two over cards, right? If you hit an ace or a King, that'll beat my pair of 10s. Okay. But you've got the ace king. So you still have the two over cards, right?
If you hit an ace or a king, that'll beat my pair of 10s.
But remember, the board is jack, 10, 3.
So are there any other cards that would make you win?
Jack, 10, 3, and I have ace king.
Jack, 10, ace, King, a Queen.
A Queen would give you Ace, King, Queen, Jack, 10,
which would also beat my pair of 10s.
So now you have three Aces, three Kings, four Queens.
That's 38.4% according to our chart.
So outs depends on what your read of the other player is.
Now, again, we have that same hand.
Now, let's suppose I actually have a pair of 10s in my hand.
So now I have three of a kind 10s.
So now you don't have two over cards
because a pair of aces or a pair of kings
is not good enough to beat my three 10s.
The only card you win with is the queen.
So now you only have four outs.
So there are going to be times where that is important too.
You might not know what I have.
You might have a read on me that says Lex could have a pair of tens here,
or he could have three of a kind tens.
But even if he has three of 10s here, or he could have three-of-a-kind 10s. But even if he has three-of-a-kind 10s,
16.5% of the time I'm going to hit my four out or I'll get my queen.
16.5% is nothing to sneeze at if it's only part of your possibilities.
Because remember, you also think there's a chance that I just have a pair of 10s
and your ace or your king is good. So you have to basically put together a detective case on what you think I have based on how I
played the hand. Then you have to look at how many outs your hand has against what's called my range,
my range of hands, and then calculate what odds make sense for you to call or bet based on that.
Dancing Edward is coming to you impersonating you.
What the hell is that account that is so funny
um let's see with specific ethnic groups uh
no i i would say i've noticed uh trends with age though. That's hilarious.
Older guys get much more mad at you if you, you know,
like call a hand you're not supposed to
or beat them because you got lucky.
And we'll get really pissed off about it.
I would say younger guys are much more likely
if you like do something tricky or funny.
And, you know, that can sometimes be relevant.
You generally you almost always play worse if you're mad.
I can't think of many exceptions to that rule.
If you know something that will frustrate your opposition,
and you can engage it in a fashion that is relatively gentlemanly
and in keeping with decorum, you know, it can be advantageous.
But I wouldn't recommend that sort of psychological warfare
when you're playing with friends.
Now, I guess, so what's next?
What's the next step here?
Well, I mean, the real next step would be practice, I suppose.
It would help to, if you play, you can play with these charts, you know, on a tab so you can understand what's happening.
If you have questions, you should probably ask about them.
There's a few more concepts we can discuss that I think will be interesting for the audience.
Like semi-bluffing is a favorite that you should understand that concept.
But I think a lot of what we're discussing are actually more advanced than we would discuss on a first lesson.
But it does seem like you've picked it up pretty quickly.
So then let's do this um i'm gonna stream and i'm not gonna pay just be honest like there's so much going on i'm probably not gonna be super super well locked in on this game i'm
gonna play a round or two while i do this sure out of out of curiosity, and for the lone survivors still here in the chat,
which, by the way, for a non-crypto, non-promoted stream hitting roughly 200, not bad.
So, like, yeah, I think we could use this slot, like this time slot. All right.
Lex, give me one, two, three something stories of your playtime that might entertain the chat, particularly the New York underground scene.
So that's the first one that interests the most people, right?
I mean, I did primarily prefer to play online and that was mostly a business decision. It's just a simple um but you can play hands much more quickly because
there isn't a physical deck of cards that needs to be shuffled and and by the way just so i could
talk this through as i do this real quick um i have a king six suited and everyone just uh just
called so so this is a passive probably weak table. I would probably
Because the suited is why I have
power here, right? Because this is not
card. It's not a particularly strong hand,
said something. I think it's your roommate.
It's actually quite smart. He said it's all
And what he means by that is you want to think about every hand as how much equity do you have in it?
And if your equity is more than the percent that it should be.
So, like, in this hand, there's five people.
So your default equity should be 20%, right?
right that would be just like even sure so with with all five players playing their hand it seems
That would be just, like, even.
really likely that they're playing worse hands than king six suited so you probably have more
than 20 equity so when you raise money here you're probably making money for that reason
another thing this does is by increasing the size of the pot
what the fuck that's hilarious
dude is this waiting this must be waiting cards in my favor. There's no way. You're playing for free. So you must bet here.
This is part of why we raised.
Now, if you raise me, I don't think to myself,
this dude must have king six.
So by betting here, like that's not the hand people are going to...
Now, people might put you on a king, but you still...
The reason why you don't want to raise a lot
is because you literally have an almost unbeatable hand here.
So I want to be pulling it.
I want to extract as much money as possible.
Yeah, you want to bet again
because he might be drawing at a spade flush
There were two spades on the flop.
Okay. Yeah, I spades on the flop. Okay. Okay.
Yeah, I got what you were saying.
folded, you raise because it's just you
and one guy. You're almost certainly the better
Okay, so again, you obviously...
No, but seriously, this is good. We're going to talk through this.
The raise looks suspicious because people think that you're stealing.
So you want to bet again.
Usually when people raise and they're stealing,
they will bet again trying...
Not a lot, but they will bet again trying to take the pot,
and people will not give you credit for it.
I would probably bet at least
See, he could be drawing from hearts.
Because I should be making him pay over 50%
to beat me on a straight like this.
Yeah, he can also beat you with a full house now that there's a pair on the board.
But I think you're still winning like 90%.
Remind me, a full house is what?
A full house is a three of a kind and a pair.
So if he had a nine and a king or a nine and a dead.
A nine and a king beats you here. And you're drawing a nine a nine and a king or a nine exactly a nine and a king beats
you here and you're drawing dead against a nine and a king drawing dead means there's no hand
there's no card that could make you win
okay so now i'm the dealer so now i'm in the position of power. I got a pair of nines. That's a
great hand at a five player table.
I would raise again, especially
because you're... That's too much
though. That's definitely too much because
there's only $5 in the pot. Raise to like...
$10 to $13, something like that.
you are starting to look like a maniac because we raised i've just raised every row
yes we've raised three hands in a row and then we've continued to bet so now i'm looking at a
table where i have nothing and all i all i can really hope for is a nine to be put down. So I only have two outs because there's only two cards that I could really work with.
Well, yes, you do have two outs, but you could also be winning.
But I would only be winning because I have a pair.
So I'd be beating the queen.
Yeah, if nobody has a queen.
I would be everything but the queen.
Now, because there are two players
behind you see that guy bet and then you don't know what the two players behind you are going to
do right if it was just if it was just the guy betting and you i would definitely call i might
even raise but because there are two more players and i don't know if they could raise, I will probably fold.
Yes, you could argue for a call, but a lot of the time, they're going to call too,
and you just end up, another card comes on the turn that's over your nine.
Like, good players could fold here or call.
Let's call just to see what happens, because I don't know if I...
This is why I would have folded...
How much is it for you to call?
Plus, also, Spencer can re-raise again.
When it gets to him, he has the option to...
See, now it's almost a guarantee that someone has you beat.
There's probably a queen, and there's probably a guy with two diamonds
trying to get the flush, so for sure I'm folding here.
See, now you're losing to any king and any jack yeah so the jack would have beaten you on the river but they were but they were doing this because we had nothing see they not neither of
them had jack shit you were winning with your pair of nines until the river yeah but that's that still is the math okay okay interesting interesting interesting
okay do you know if these are real players no no no they're all bots they're all bots okay that
explains why they're that's actually cool that way we can be patient about that yeah that's why I chose this. Full house, first turn.
Liam just ran in here because of the full house on the first one.
Also, you got to see Liam's comment.
And I was actually just about to respond.
Yeah, you know, I mean, I think he's doing fine.
Okay, all right, all right, all right.
Well, because Liam, just so you know, Liam's background here.
He keeps forging into the room. I can can hear him but not what he's saying so he's like he's like i'm sending you to vegas um he um liam used to play a lot as uh when he
was in college and he uh he plays very aggressively he's a very competitive individual um but a big fan of
but did you ever pay a play uh omaha let me know in the in the chat that was so after i i kind of
got tired of no limit hold'em and i i started dabbling in other games and i i found out that
uh like omaha has an even bigger like skill differential
lower players so I kind of moved over
to that to make more money
Omaha is just a variant of
it's the same as Hold'em except you get four
you have to use exactly yeah um that's fascinating
interesting um okay so this this set here two three my read here is that this is a weak set
of cards however i can call to join for i guess a dollar and for that reason it's worth
playing just to see what comes out on on the flop but i i would not be rushing to to raise anything
beyond that yeah technically speaking this is probably the worst hand you could get for a
short-handed table but you're right it in this
situation you're playing with one dollar blinds and the players have a thousand dollars now
normally the ratio is one percent this is point one percent so yes any two cards are worth playing
for one dollar if people have a thousand dollar000 stacks. It was $2, but yes.
The chances of hitting 2-2-2 or something
What's 2-2-2 called, by the way?
That would be four of a kind
So here, checks across the board,
so I can just get a free card down,
but there's not really anything here um yeah i would just like i would check just to check but like okay check check check
so now i have a pair god if i went off pair here
God, if I went off a pair here...
I mean, it could happen. Nobody bet.
This is probably a fairly decent hand for this table.
I would, so I could call.
Now, in this situation, calling seems like a very clear choice,
but raising is a question.
So this is a matter of style and taste to some extent,
but some players will tell you that you should almost never call
if you're the first one in that you either raise or fold.
And the reason being is that any time that you raise,
there is a chance that you win the hand right there, right?
Whenever you are the raiser,
there is a chance that other people will not call your bet
and you get to take the pot down.
So if your equity in the pot is 10%,
but there's a 10% chance you can get everyone to fold,
now your equity in the pot on a raise is actually 20%.
So that is an important thing to consider.
In this case, I agree with you.
My style, this is more of a call for me
without knowing anything about the player's characteristics, tendencies.
But a raise here is also good
because it makes it difficult to read your hand
you know like if you raise I don't think oh jack ate offsuit
and it's also good whatever
you do like whatever your standard line is
so line means like the way you would play a hand a strategic
line you need to always vary it at least 10 to 20% of the time.
So if you get pocket aces, you should not even raise those at least 10% of the time.
The reason for that is if you play against me and if i always raise aces then any hand you play against
me where i don't raise you know i can't have aces that's unacceptable that is an unacceptable amount
of information so i will absolutely i will limp i will limp aces on the button i will limp aces
in first position sometimes if somebody raises, I'll re-raise.
Sometimes if somebody raises me, I'll call.
But the idea is to make it impossible for someone to know for sure what it is you're doing.
The best that they can do is figure, well, he's only got a 10% chance of aces because he didn't raise.
So, the way you play Jack 8 here
can be call most of the time,
Never do one thing all the time
Always change it up a little bit.
either call or raise is good here.
Do the one that you want to do.
because I wanted to call but
i think i kind of innately did what you were hinting at it's just like play within a a range
um so now we have two folds because these guys folded after i raised these guys matched my raise
um now we've got queen three three so we all have a one pair so this is a good time to talk about a
common um concept in poker called the continuation bet so you were the pre-flop raiser you were the
guy who raised and the other people called so you always have to be thinking from the perspective
of other people. What are the
other people in this hand thinking about you? Well, they don't know for sure, but they think
you probably have a decent hand. You've demonstrated that you might have a decent hand because you
raised. And now the flop has come down. Now, this is the kind of flop that not many people
are going to have hands on.
Now, the reason for that is there's two threes.
Wow, Liam is way behind, by the way.
Liam is like 10, 15 minutes behind.
The Twitter feed is quite far behind us, but you know what?
I will answer questions 10 minutes behind.
I much prefer Omaha myself, too.
It just got more interesting to me with four cards.
And I also would play the Omaha eight, the high, low variant as well. That's probably less fun
game because every pot is split, but okay. So back to this, this flop, the reason why people,
it's always good to look at a flop and ask yourself, are a lot of people going to have hands on this flop?
That's important information you want to have before betting.
Now let's pretend that the flop came jack, 10, 9,
and they were all spades.
A lot of people are going to have hands on that flop
because they could have straights, they could have spades,
they could have two jacks
for three-of-a-kind jacks. There are a lot of people probably going to contest at that pot.
If you bluff at a flop and the flop is jack 10-9, you're probably going to get called.
That's a bad bluff. On the other hand, queen 3-3 here. There's probably very few people that have either a three or queen.
Really, the only card you're worried about here is a queen.
You raised before the flop, so random junky hands that have a three in them
are more likely than not to have folded.
There's two threes out there.
They're probably not there.
So that means there's three queens in the deck
that would actually have a decent hand here.
And those guys have four cards.
You don't know what their four cards are.
There's no straight draw.
because there's three different suits.
This is a perfect flop to bluff at,
especially if you already raised
and to use what's called a continuation bet.
It's called a continuation bet
because you raised pre-flop
and by continuing to bet,
you are continuing to represent
that your hand is strong.
So I would bet something like,
yeah, that's a pretty good bet.
I would bet $10 here, hoping to get them to fold.
This is an interesting scenario where our bluff has turned into an actual hand.
Now you have a pair of jacks.
Now this actually changes the situation quite a bit.
This makes me want to completely stop betting.
I'm going to ask, do you know why this card would make me want to stop betting?
Well, the options would be...
Okay, so there's a couple things.
Let's talk about what your opponents can have.
What kind of hands would have called your bet?
Why would a hand similar to yours call your bluff?
You don't call with hands that are bluffs.
But let's say you had jack eight and somebody had bet to you.
Oh, no, because I was thinking a hand similar to mine
would have called my pre-flop raise.
On the flop, when it was queen three, three, and you bet.
But once it was queen three, three, whoever.
What would have called you on the flop?
Someone that has a three or a queen.
It could be someone trapping you.
if someone is trapping you,
you don't want to bet again because you're just giving them more money.
what definitely did not call you on the flop is a,
a flush draw or a straight draw.
So because there's no draw, you do
not have to make them pay
There's nothing that they can be drawing to.
You're either betting into people
that already have you beaten
they're calling with something like
Ace-Queen, or I'm sorry, Ace-King
where they think, oh, that would be two overcards if they had Ace King.
So if I'm betting into two people that aren't drawing and might already have me beat,
and now I actually have a decent hand, see, now I might win.
I think actually our jacks, there's a good chance they're the best
hand and i don't want to get bluffed off of my jacks so if i bet again let's say i bet another
20 here and somebody raises me 50 i kind of that's bad i kind of have to fold right like they're
representing that they have a queen right i don't want the pot to get bigger because i think there's a good chance i have equity here so by checking i avoid getting
myself re-raised and i avoid getting the pot bigger and if they bet i can call and i'm not
giving a free card to any draws that scare me saying i i don't think anything's changed as of that so i think i'm
going to just check again i think you're probably right here a queen is going to call and anything
worse than a queen is not going to call by the way that that check there was that indicative
like these two people checking when i checked. Was that indicative of anything?
See, unfortunately, since they're bots,
it might not really mean anything.
We can't really psychoanalyze them.
to me, that says they don't have a hand.
I think... So what I would do here
if I was playing with real people,
this is a bluff-catching situation.
Now, you checked on the turn so you
got to think of the whole flow of the hand as what have you demonstrated to your opponents you have
now you raised pre-flop could have been a steal then you bet the flop and they both called you
so now it kind of looks like you made a continuation bet. When you
checked on the turn, it looked weak. It looked weak because a lot of people bet the flop without
having a good hand. And when you checked on the turn, it made you look weak. So if you check again
on the river, there is a decent chance that someone is going to think this guy's weak. He
checked twice in a row. I'm going to bluff him.
So that means you might be
able to check and call a bet
and catch somebody trying to bluff you out.
it's much worse if you bet here.
beat you are going to call.
Any real player would have bet that queen,
I think this is just kind of the limitation.
Like, you can't learn to read hands if the bot
doesn't play hands like a human player would play them well this is on easy so i don't know
how much it changes let me just change let me play new game okay so i didn't actually realize
there were difficulties if we were playing on a difficulty where the players are known to be
really bad then it changes everything.
And I would have actually bet the jack for value.
Do you think that there is a direct correlation between being good at poker and picking up women?
I have to say that Eddie must hope so, because it'll give him another opportunity.
I don't think, like, honestly, no, I don't really think so,
because I don't think the skills that make you a good poker player,
generally speaking, translate to human interaction too much.
But on the other hand, one of the greatest skills in poker is patience. And
I think patience does help quite a bit with women. So, you know, from that perspective, it does.
But as much as I look, I really want to give you a cool and glamorous answer that talks about how
like playing poker will make you good at like selling a story to someone and being persuasive.
It's not really true. Unless you can find a
girl who will let you sleep with her
because you semi-bluffed her, it's probably
There has to have been at least one.
You must know. It's a probability game.
Women don't tend to find poker that interesting in my experience.
They're more blackjack types, right?
I think women, when it comes to gambling,
I think women enjoy the fun aspect of it.
I think men are more into trying to beat it. You know, we like to think that we're going to be the guy that can
be a profitable sports better, or we're going to be the guy that can count cards at blackjack.
So if you're trying to have fun at gambling, poker is the highest stress gambling you can do.
At roulette, you don't have to think. At crapslette you don't have to think at craps you
don't have to think at blackjack you can ask the dealer at any point to tell you the correct play
and they have to tell you the correct play they're no way yeah you don't have to know blackjack if
you ever need to play blackjack just ask the dealer can you please tell me the mathematically
correct play and he'll tell you sir you should stand on 17 if the dealer has an
eight showing or whatever it is they'll just tell you they're not allowed to lie so i think women
appreciate that and and and poker is stress poker is i have to make i mean okay when you think about
it poker means you have to make a minimum of one decision per hand if you fold and it's actually
if you play the hand you have to make like minimum of one decision per hand if you fold. And it's actually, if you play the hand, you have to make like four or five decisions.
Poker is just making hundreds of decisions an hour to try to make money
because you make decisions that are 2% better than everybody else's decisions.
And that's just, it doesn't sound that sexy, right?
Like you're a little risk manager.
You're, you know, like, so maybe if you're on the World Series of Poker
and you're wagering $100,000 a hand, you could find some adrenaline junkies.
But in my experience, you don't get into poker for the groupies.
And by the way, before we, we're going to do like two hands
and then we're probably going to wrap it here.
But do you think, so've we've gone through this we've shown serious tables here
from like serious mathematical tables i assume the people that are playing w sop at the highest
level with like you know they're pinnacle players they either have perfect memory of all these
of all these percentages or a near perfect understanding of like all the
percentages at any given time um and like what is more likely to be what and and whatnot would you
say that like the vast that that is of course you know that's like the top two percent is the top
like to be a top 10 to top 20 player do you just need to have a very good understanding,
but not a perfect understanding?
Do you know what I'm saying?
Yeah, I understand what you're saying.
I think a good analogy here would be skiing.
Because you need very different skills
to be the apex predator in a different environment.
So the world's best downhill slalom skier and the world's best,
like half pipe ski jumping skier have very different skill sets and would,
they would beat each other's ass at the other thing that they weren't the one
that they were good at right so like in my case like I focused and would have been like borderline a bad strategy.
If I was playing at the high levels of the world series of poker, because the strategy
was tailored around your strategy has to be created with the average skill level of your
Okay? So if I were to play you, Eddie,
in poker, my strategy would
revolve around knowing that you were essentially
somebody who learned to play the game today.
if I were to try to make them against Phil
pros. Because I know that you just, no offense, punished if I were to try to make them against Phil Helmuth or other like poker pros, right?
Because I know that you just, no offense, but like I know that you can't back read a hand and put me
on an accurate range of hands. So I can play like relatively straightforward and probably beat you.
But if I try that against poker pros at the top level that are very good at reading hands,
they're going gonna accurately put me
on ranges of hands and like constantly punish me so to be the very best player at the top level of
the world series of poker you're playing a very tricky psychological game and you have high degree
of knowledge about your players you you know the players you're
playing with because you've played with them multiple times and it's very very different
from if you play at a casino with players you've never played with before and will never play with
again and who are of average skill level um and you know chess is that way, too, where, like, some moves in chess that are the best move fail to be the best move if your opponent is mediocre.
Because they aren't advanced enough to make the counterplay that would make that the best move.
And you can use a move that is not as good against the computer but it's better against an imperfect player so poker you have to constantly calibrate your level of game to the game that you
walk into and that's that's called game selection you know choosing the game that matches your skill
or your strategy but it's extremely important.
I don't like playing with one player.
That's not a profitable style for me.
So I would deliberately always avoid that. Unless I was at the end
of a tournament, I didn't want to have to
Well, let's do it. Let's play this one.
So I've had this one here
and we've changed expert correct huh we've changed the difficulty we've we've gone from easy to
expert so we are playing an expert level difficulty i am the little blind i am just uh i'm able to
call to bring it up to two dollars um everyone has just called except for this guy who folded
i have a two and a q a two and a q a two and a queen which uh seems kind of weak but it is a
queen and it's a four person table and i'm only gonna go in for another dollar uh which will
bring me to a total which i'm basically paying for less than a quarter because this was a little blind
because I was a little blind
so like I should be playing
yeah so we're playing what's called
deep stack tier like a normal stack
and we're playing a thousand
with a thousand big blinds virtually
I think it's 500 big blinds sorry you're right because the big blind is $ every hand is called i think it's 500 500 big blinds yeah sorry
you're right because the big blinds two dollars yeah um but a normal game is almost always 100
and you can't put more in if you want you can't come to the table with 500 big blinds that's not
allowed so this is actually it's kind of weird that they're giving you 500 big blinds normally
it would be 100 and in 100 i you know it would not be the automatic
call that we're seeing but okay so now we have two q two queen so i have i have a pair and it's
the second highest pair on the table which is strong um but with four people it is also possible
that uh i don't i guess i am i last i have yeah i should be oh no i'm
first it's a little confusing the way they have it most poker clients don't show the chips in front
of the cards unless they've made a bet but it looks like you are actually i don't even see
where i'm i'm the little blind so i first. The guy to the right has the dealer button next to his name.
So I have the second highest pair possible.
Is, I would say, like medium level probability that these guys have a king.
That one of these guys has a king.
So I would say it's within reason to raise
um but like it would be a small raise so no more than let's say it should say bet honestly because
nobody's bet yet but right yeah so but this is this is yeah it's free poker they didn't put that
much i know i'm just i'm just saying so that you understand the terminology for later.
You would be making a bet.
And yeah, so the fact that you have a queen.
Now, there's a second reason why you want to make a bet on this flop, probably.
The second reason I want to make a bet on the flop.
Okay, so there's two reasons to bet.
One is that you think you can get other people to fold and you might win the hand.
The other reason to bet is because you think that you might be winning.
And crucially, not only might you be winning, but there are worse hands that could pay you.
Meaning there are hands that you're currently beating
a logical reason to call.
flop, we have two diamonds.
They might want to see a flush. Now what
What if they have jack 10?
So that means that there could be people that want diamonds
and there could be people that want cards for a flush.
you probably don't want to give people free cards.
And in a four-player hand,
your queen is probably winning here 60% of the time.
My guess is you're winning 60% of the time at this point.
On top of that, betting gives you information.
If you check and somebody else bets, what do you do?
Let's say somebody else bets $8.
Let's say that the dealer bets eight dollars after everybody checks to the dealer
then you're next it's eight dollars to call the pot is 16 what do you do
i that would indicate yeah you're in a shitty spot now because you're probably winning
but now the guy at the the guy with the best
position just bet eight dollars there's two dudes to your left who might check raise and re-raise
that bet after you and even if you do call and are winning any diamond and any ace or jack or
10 that completes a straight now scares you and makes the situation more complicated. So if you
for the turn? Are you just going to
you're going to let him bet again with he might
have a king? And what are you going to do, call
again? Like, basically, now
you're in this situation where you don't know how to play
But let's rewind and pretend that instead
of checking here, let's say you bet $8.
then the two guys to the left of you fold.
gotten a ton of information.
Now the button might call
you for $8, and you don't
know what he has, but if he just calls,
he probably does not have a king.
Okay, so now the button raised you. Now, this is exactly why we wanted to bet, okay? So we bet $8, you got two
calls, then the button raised. It's pretty likely that you're beat here. Either somebody has a king or a better queen or they have a good diamond draw
or they have a good straight draw.
knowing that you're probably losing.
But like this has limited...
You have effectively paid the $8
to find out that you should fold here
But if you played it the other way,
you would have had to call the $8 or The other way, you would have had to call
the $8 or $12, and then you would have
whoever raised before. And then you
still would have been on the turn not knowing what to do
having to call again. So by
demonstrate more strength.
demonstrate more strength.
Now, if you had just checked to him,
he would have just value bet you the whole way.
He bets you call, he bets you call,
he bets you call, because you don't want to fall.
And I just would have gotten absolute strength.
Yeah, you would have lost way more than $8.
So sometimes you actually bet money
to avoid losing more money later
because it gives you the information that you need
So that was actually really interesting.
But I don't have to race to get in.
Yeah, again, we're going to... As long as we're playing 1,000 blinds deep,
or 500, we're going to call every hand.
At 100 blinds deep, though.
This is like the bottom of the playables at a five-player table.
So this would be like when you were saying you should have a range.
On some hands of this, you should fold, and on some hands of this, you should call.
Yes, and since you're on the button, I'm going to call.
So I would need a four and a five, two, three, four, five, six.
So I would need a four and a five, which is not going to happen.
I mean, like that is unbelievably unlikely.
So I could either go with a four out of five or an eight to 10.
So this tells me I should just be folding.
There's so little outcomes I should get.
Yeah. folding. There's so little outcomes I should get. If you don't have at least an open-ended
very rarely worth playing the hand.
Okay, so this is a good hand now a hand like king queen on other similar hands that are too
high cards they play better with fewer people right and king queen doesn't win a lot of hands
when there's a lot of people in the hand but it's quite good against one or two other people. So you usually want to
raise with it to try to limit the hand to one or two people with $5. Yeah. Like, because you're
much better off against one or two people with this hand, high card hands are good against one
or two people, but a hand like Jack 10 suited, that's good against a big table. But I didn't raise enough.
Yeah, so since you're the first to call and there's three people behind you
and all you have is overcards
and your overcards might not even win.
So this is a good example.
There's a concept called tainted outs.
So if you're looking at this and thinking,
because if I had a king or a queen, then I would have two pair, and I'm probably the winner. If one of these players has a seven, all your outs are tainted.
Yeah, you have no outs. So, you always got to consider if your outs can be tainted, and since your only outs here are tainted, I'm never calling this.
And a 9, actually. Hmm. a seven and a nine actually hmm okay so and i've got a three and a five here kind of shitty
i probably like this i probably i'm just pretending that this is a 100 blind 100 100 blind so like
I should just fold this because I just called
and now I've got an even shittier hand
I should just be folding this
How would you use this strategically
talent and usable answer.
Oh my god, that's incredible.
Okay, alright, let's hop back to the game.
I'll play a couple more rounds
7-2 unsuited so actually this
is a example where you get to play the worst hand of the game because it's free because i was the
you were the big blind that's crazy no way whoa
okay so other than a queen what's the best hand to have here Whoa!
Okay, so other than a queen,
what's the best hand to have here?
Other than a queen, what's the best hand to have here?
Damn, this is like really... This is a really weird...
Pocket aces is the second best one.
Because then you would have a full house, queens full of aces.
So the best possible hand here...
So the poker term for the best possible hand is called the absolute nuts.
So if there is no possible hand that can beat it, it's the absolute nuts so if there is no possible hand that can beat it it's the
absolute nuts that would be any queen because you would have four of a kind queens the second best
hand here would be pocket aces because you would have queen a full house with three queens and
does anything beat does anything beat uh quads a raw a straight flush does beat quads? A straight flush does beat quads,
Well, you could if you had the king and the queen
or the king and the ace of spades, for example.
He's always the small blind in my heart.
that would actually you know what it's actually a shame that eddie is not the if eddie was the
professional player out of the two of us and he was teaching me we could do like a poker
like competition where we actually did force eddie to always be the small blind
because that would be a huge handicap having to play the small blind every hand we could do like
a thing where you have to be eddie as the small blind but alas that's that's too much of a
disadvantage for our boy i think all right so i'm gonna'm going to check here.
All right, what's happening here?
Okay, so people will commonly bluff at these pots because they're like, nobody has the queen,
so I'll pretend that I have the queen.
I mean, for you, there's nothing you can do.
Like, so Ada bet, and then it should say bet 12.
And then Einstein raised, and then Grace re-raised,
You're absolutely losing.
I mean, you could hit a seven.
Dude, a pocket two better not win this hand.
Oh, this is where they...
I mean, it would have lost because they had the ace, right?
Ace wouldn't have played.
You would have split the hand because he played queen, queen, queen, queen, too.
So do you see how some of the cards are lit up and some of them aren't?
The lit up cards are the cards he played
you don't have to play both of your cards
you don't have to play any of your cards
so I would have split that hand
yeah you would have split with him
I like where this is heading.
So this I should raise, right?
Okay, so now I've got someone to fold.
Ace. Okay okay all right oh so someone okay so looking at this i'm a little bit biggest problem for your hand on this flop that i don't have a club exactly what happens if the turn is a fourth club then i lose to that's a that's a full
half full house flush flush i lose to a flush um kind of regardless of what happens here like
this is really scary to have a flush right now they would have to have two clubs in their hand because the
flush is five of the same right right right but if a fourth if a fourth club comes then anyone with
a club in their hand has a flush even just one right which i which either these guys happen if
you don't have any of the suits that there's three of your hand is usually pretty bad so you could argue
that you could make a continuation bet bluff that's what i was thinking but i'm going to tell
you that watching these players so far they're probably going to call because we one of the
things i noticed when you raise the difficulty is they all started calling more. They weren't easy to bluff anymore.
So if you bet here against two players, either of them can call you with just a club just to see if you're bluffing.
So if I'm playing for money here, I'm checking and I'm folding if they bet at me.
Obviously, if you want to bluff, you can.
if you want to bluff, you can.
So they probably don't have
Although if they had a single club,
it would make total sense to check
You could bet at this hand and bluff, but I'm folding to any race. it would make total sense to check and take the free card.
You could bet at this hand and bluff,
but I'm folding to any race.
And the only thing that helps me here really is a queen or a pair,
or like a queen or an ace,
because I'm probably getting out-paired by the king. If anybody calls you, they got you beat.
Like, the only way you win this hand is by bluffing it.
Okay, so there's a reason not to bet here.
is that nobody can pay you off.
What is the hand that would...
The best case scenario is that somebody has a pair of 10s. They might pay you off a little think about it. What is the hand that would the best case scenario is that somebody
has a pair of tens. They might
pay you off a little bit of money.
kind of hard to do that with four clubs on
saying. I guess the only reason why
I would bet and if I were to bet it would be
small would be just so that i could try to like because right now i feel that my percentage chance
of winning so let's say looking at these two guys they've checked the whole way including once they
know you know what the whole board looks like so all right well not not included in that, sorry. They've checked the whole way, including knowing if they've had a flush or not.
So, like, none of them feel that strongly about this.
I'd say that there's a half-decent chance, I'd say probably like a 60% to 70% chance,
that none of them have a club.
And they're just kind of, you know, trying to see what comes out next.
There's not really many potential pairs on the board.
Well, not when I say pairs.
I'm paired here, but there's not that many.
Ace, queen, queen, nine, nine, seven, queen, nine, nine, seven, jack, ten, nine, eight, seven.
Ace, king, queen, jack, ten, king, queen, jack, ten, nine.
So there's always, there's two questions you have to ask yourself when you're bluffing.
And if you're betting on this board, you're kind of bluffing, right?
The two questions are, are there better hands than mine
So the next better hand than yours
would be a pair of kings.
Do you think you can get a pair of kings to fold?
I would say probably not with this few people,
The second question to ask
are there any hands worse than mine that can call that will pay me money?
Now, is a pair of tens going to call your bet here with four clubs on?
So I don't think that you're getting many better hands than yours to fold by betting.
Would you learn anything from betting
like if i put down ten dollars here and i is that like you'd learn tendencies from these guys
or is it not really possible that you could get information to use in another hand but i think
generally since you can't fold many hands that are better than yours by betting, and you also can't get many hands worse than yours to call by betting,
Now, whether you check and call the bet.
Now, if somebody had bet, so he had the king,
he probably would have called if you made a small bet.
Hmm. called if you made a small bet. If someone had bet small
there, I might have called.
calling is better than betting.
Because sometimes you will check and somebody
will bluff and you will catch their bluff.
rarely going to fold a better hand
and you are rarely going to get paid off by a worse hand.
So in that case, I think check calling was a stronger play than betting out,
which is the opposite of the hand before,
where we decided that betting the $8 first
was better than checking to the dealer button and then calling his
So sometimes it's better to bet out and get information.
it's harder to catch a bluffer because it takes a lot more balls to raise on
But if you check and you look weak,
people will bluff at you and then you can call their,
So Liam's talking about check.
We haven't really had a good check raising opportunity.
So Eddie, check raising is when you check a hand and somebody else bets
and then you raise that bet even though you had checked the first time so it's it's a stronger
looking move than betting okay here i mean i don't love this hand. I would, like, because it's, because, if this was a 1-100 blind, this would be, like, in my range of, like, maybe, maybe not.
Yeah, this is, this is on the non-playable hands list, although, incidentally, this hand has a nickname. It's called the Brunson, because it's Doyle Brunson's famous, it's his, so Doyle Brunson is a no longer relevant poker pro from the old days.
And whenever he got 10-2 off suit, he would make a crazy bluff with it.
So his way of randomizing his play was if he got 10-2, he would bluff that hand.
So how should I... Let's do it. Let's do it.
If you were going to bluff?
Well, bluffing is all about creating a consistent story throughout the hand
that makes sense for how you played it.
So you usually have to, I mean, you can raise or you can call to start.
Okay, so you raised preflop.
So you demonstrated that you had a strong hand.
So already this is a bad start to a bluff at this point.
I'm probably giving up the bluff here.
There's too many people in the hand,
a guy already bet and called,
but if you wanted to play it out like a bluff,
you would definitely raise here and you would raise to at least
probably at least 40 because less than that. And it's raise to at least probably at least 40.
Because less than that and it's not enough to get anyone to fold. I'm not even sure if
Okay, so yeah, now you just got re-raised
again. You're dead. Like, you're dead in the stream.
You don't have any equity.
If you care about the money, you would fold.
If you want to just do the funny thing for the stream, you go all in,
and you run the cards and see what happens.
Now, you could get a king and a queen in a row,
you could get a king and a queen in a row,
but you'll probably just split.
but you'll probably just split. Okay. You got re-raised
Okay, you got re-raised again.
any card you get, I don't think you can win.
It seems like there's a maximum bet of
150. Yeah, I don't understand
that. That's interesting.
Dude, these guys are maniacs.
They're not all winning this.
They actually all have hands here?
What's the guy hands here? What's the guy
This guy was, like, all-inning?
And this guy was all-inning?
Yeah, man. That's... I wouldn't call that
What? Alright. what all right all right let's play let's play one more okay so what we've learned here
is these bots cannot be bluffed like there's no point in buffing these blocks so there's slang in
um poker for this somebody who can't be bluffed and who calls everything is called a calling station.
so you shouldn't bother to try. You should
just raise them for value and bet
You know what? Let's do this.
The reason why you don't do this is
because you fold every hand worse than
you and only hands better than you call.
This is a hand for a moderate raise.
I mean, the way these Maniacs play, I think you still bet for value.
I mean, the way these maniacs play, I think you still bet for value.
Okay, so there are three Aces in the deck, right?
And there are six opponent cards.
So that's the same as there being 18 Aces in the deck, right?
you're doing that. Because that tells you
your chances. It's 18 out of how many
cards left in the deck. 18 out of 48
is the chances that one of your opponents
Two-thirds of the time you're winning right now.
So with that in mind, I should probably be making these guys pay.
Considering what we saw last hand, I think you definitely have to bet for value.
Meaning that you just think not even bluffing.
You think your hand is better.
But so then that value bet comes out to what?
I need to bet 60% of the pot, right?
So that means I need to be betting like what, $30?
I would say that's a minimum because there's two diamonds on the board
and diamonds will want to draw you.
here, so that the diamond guy is making a mistake if he calls.
I didn't do the math properly.
So I should be betting like half, right?
You probably still have the best hand.
If there's an ace, there's nothing you can do.
You're not going to get them to fold.
Let's do one more with the $35 left.
Let's see what we could do.
Let's see what we could do.
So now educate me on this. Fold here, right? let's do one more with the $35 left. Let's see what we could do. Let's see what we could do. So,
This is not a good enough hand to pay with $35.
You don't have enough money anymore.
Cause the most you can win from a player is $35.
Like if you go all in and a player calls you,
then he only matches your 35.
Do you have any idea who your Dancing Edward viewer is?
My hunch is that that is my other
Give it to Big Papa. Come on.
We're going all in on 2-7.
And we're calling it here.
Raise. All in. Show it it to me what do we got
we got a pair hey that's actually quite an improvement aww
oh unfortunately it's a free game
but we're gonna call it there
yeah I literally got bounced from the table
i see i i could see the allure
liam do you want to do you want to come on the stream liam if you want you can you can come say
hi i have dogs liam um Liam, if you want, you can. You can come say hi. I have
I think we're going to call here.
We had... Oh, hold on. Here we go. Here we go. What's up, big dog? we're going to call here. We had – oh, hold on.
He says, hey, man, what's up?
Hey, nice to meet you, too.
So you're a player as well, huh?
This is Dancing Edward that's coming.
This is not Dancing Edward. You are not Dancing through. This is not Dancing Edward.
You are not Dancing Edward.
I'm not Dancing Edward, okay.
You don't know who he is.
They don't know who he is.
Our entire audience is coming from inside the house.
They don't know who Dancing Edward is.
The Dancing Edward character is not from here.
I think we're going to wrap it here.
If anyone's still watching, it was lovely to see you guys.
That was 300 people that came in throughout.
That's not bad for an unpromoted non-crypto event.
That's actually really good.
Yeah, and I would love to tutor all 300 of you for pay.
If you want to learn poker, hit me up.
With that, I think we'll call it. I think we'll take you on all right with that i think we'll i think we'll call
it i think we'll call it all right well uh thanks eddie i have to say uh you were a great student
you really picked up on things pretty quickly honestly thanks so cool oh thanks man i appreciate
that maybe i'll play some more i actually actually would like to. It's fun.
All right. I'm going to call here.
Lex and I will regroup after this and figure out what's going on
Next week, we will speedrun Eddie
Hold'em. We'll do it live
long it takes him to lose all his money.
That's how long we'll go.
All right. See you next week.