Patrick unpacks the true power of variance, exploring why downswings, breakeven stretches, and other extreme events aren't as rare as they seem. From selection bias to simulation data, he highlights how understanding variance can transform your mindset and bankroll management strategy. This deep dive into the realities of variance will help you stay focused, prepared, and resilient.

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Matthew Marinelli is a high-stakes online cash game player who has amassed over $2.5 million in profits since turning pro in 2018. A key member and contributor to Mobius Cash, Matt shares insights on his most successful year to date in this episode. He also discusses GGPoker's shocking decision to shut down NL5K+ games for public access and evaluates the profitability of other poker sites.

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Struggling to hit your monthly poker volume goals? In this episode, we dive deep into effective strategies to help you boost your play volume and maintain consistency at the tables. Learn how to embrace the Minimum Viable Action and adopt a "Just Do It" mentality to overcome procrastination and build unstoppable momentum. Drawing inspiration from Neil Gaiman and Mark Manson, I'll provide actionable tips for creating disciplined routines, eliminating distractions, and fostering a growth mindset.

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Today, I’m having a conversation with two key figures from WPT Global.

Timestamps

0:00 Intro

1:00 Alex's Introduction to Poker

2:16 How the Poker World Has Changed Since Alex Started

6:25 The Poker Marketplace is Becoming More Efficient

8:35 WPT's AI Security System

12:20 Bot Detection

16:00 Community Efforts to Detect Bots

18:37 WPT's Commitment to Transparency

21:45 Ad Break

22:58 Challenges of Managing High Stakes Games

25:05 Why Some Sites Have Ditched High Stakes

28:30 The Intangible Value of High Stakes for Poker Sites

31:20 Why Did WPT Cut Rewards to Affiliates?

33:28 How Does WPT's Rake Compare to GGPoker?

38:05 Low Rake is Not Feasible For New Sites

39:55 What Happens if the Rake Goes Higher?

41:49 Are Reg Battles Important for Poker to Grow?

43:40 Are Reg Battles Currently Feasible on WPT?

45:58 Flexible Rake Systems

47:52 WPT's FairGame System

52:16 How FairGame Impacts Traffic on WPT

54:15 Can WPT Be the Site the Community is Holding Out For?

56:18 Verification Process for Sponsors

58:42 Are Pros Getting Shadowbanned From Tables?

1:01:45 Joining Forces with Other Sites To Catch Cheaters

1:06:22 Alex's and John's 5-Year Visions For WPT

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In this episode, I explore how to structure your poker study time like optimizing a high-performance engine. From building a strong theoretical foundation to tuning your exploits and fixing leaks in your game, I'll cover daily, weekly, and monthly routines to help you perform at your best.

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In this episode, I’m sharing some of the tech and products that have made a real difference in my life, from boosting my focus and relaxation to improving my poker sessions. Whether you’re looking for better sleep, more comfort at your desk, or tools to help with concentration, I’ll walk you through what’s worked for me and why it might help you too.

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In this podcast, we explore the threat of AI bots and their impact on the future of online poker. From advancements in technology to the challenges of detection and regulation, we'll explore the risks that AI poses, and what the poker community can expect in the years to come.

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Chamath Palihapitiya Tweet

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In this episode, I cover the evolving strategies around bet sizing in no-limit hold'em. We'll look at how bet sizing affects your strategy and EV, drawing on lessons from the introduction of solvers like PioSolver to the recent updates from GTO Wizard AI. I'll discuss how using tailored bet sizes can provide an advantage, as well as the risks of overcomplicating your strategy. Whether you're focused on maximizing value or avoiding mistakes, this episode will offer practical insights to improve your game.

Note: At 1:05 I mispoke. I meant to say, "...with the arrival of Ruse, we've started to see some less obvious but still important bet sizing improvements."

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Three Pillars of Poker Theory

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The internet trolls will definitely go after me for this one.

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Magnus Carlsen Interview

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This episode explores five key lessons derived from extensive poker coaching experience. We discuss important aspects of the game that often go beyond mere strategy, including:

- Emotional control and decision-making under pressure

- Effective approaches to studying and improving your game

- Developing a long-term perspective for sustained success

These insights are applicable to players of all levels and aim to provide a deeper understanding of the mental and strategic elements that contribute to poker success.

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