Hi Everyone:
Below is an email that Runchucks sends out summarizing his podcasts. Since I liked the guest, I thought it would be okay to take the liberty of reproducing it here.
Best wishes,
Mason
I really enjoyed the conversation with Mason Malmuth. His new book is a great read, a novel look at historical events through a lens of gambling. Naturally, we discussed some of the stories from the book. Check it out if here
https://amzn.to/2DLS1nC.
We covered a lot of ground in this conversation, discussing the current events in the poker world, GTO vs exploitation, “what is a good game”, rake and bonuses, how to define who are the best players, online poker regulations, tournament prize structures and guarantees, high-stakes private games, selling action and so much more. If you haven’t listened to the episode yet, check it out, there’s a lot of great stuff there. You can watch it on YT
https://youtu.be/5lutiDJkXcE or listen to it wherever you get your podcasts, e.g. Apple Podcasts
https://apple.co/2ZXWYlO
The biggest takeaway for me is that playing poker for a living in some ways shapes our understanding of the world, the way we view money, the way we view events and decisions. It’s crazy that gambling is a taboo subject in many households, yet in essence, gambling is all around us and if you dig deep enough, absolutely everyone gambles in some way whether they realize that or not. A lot of people could benefit from embracing this fact and taking a more rational view of gambling, getting to grips with basic statistics and probability theory.
And the next time when somebody frowns at you playing poker for a living because you’re “just a gambler”, you can send them a link to this episode. Everyone gambles, but you just consciously do it better than most.
Best Regards,
Runchuks