The Joe Rogan Experience - #526 - Isaac Haxton

Episode Date: July 22, 2014

Isaac Haxton is a professional poker player and No-Limit Hold 'Em specialist. ...

Transcript
Discussion (0)
Starting point is 00:00:00 The Joe Rogan Experience. Train by day, Joe Rogan podcast by night, all day. All right. Isaac Haxton, a.k.a. Ike. We're going to go with Ike. Ike is good. Is that what your friends call you? Yeah.
Starting point is 00:00:17 I want to be your friend. All right. Let's go with Ike. Let's go with Ike. One of the things, you are a big big time poker player travel all over the world um and uh there's a lot of people on my message board that are big poker fans and uh very excited to have you on the podcast one of the things they they asked me to differentiate because i bring this up all the time um that a lot of poker players are gamblers and a lot of poker players are kind of degenerate gamblers but poker is not really a
Starting point is 00:00:47 gambling thing it's more of a game of intelligence and a game of information and a game of strategy is that true yeah well it's gambling in the sense that on any given day you win or lose money. If you're playing for high stakes, you win or lose a bunch of money. But it's not gambling in the sense that it's outside of your control. It's not like going to the roulette wheel and saying, I'm in a red sort of mood, let's bet on red and see what happens. So it's gambling in the sense that there's money at stake. It's not gambling in the sense that you are submitting yourself to chance and just seeing what happens. How did you get involved with, well, first of all, you're, what are you, 28 years old?
Starting point is 00:01:37 Yeah. 28 years old, and you are a world-traveling poker player. I mean, that is, first of all, awesome. I love it. It's been a lot of fun. I'm sure. Congratulations on really being able to craft that kind of a life, because I think that's excellent. It's really cool. So how did you get started, and how did you make this leap to becoming this, you know, internationally known professional?
Starting point is 00:02:01 Well, I've been sort of an obsessed game player my entire life. I started playing chess when I was four. I started playing pretty seriously in tournaments when I was like six. Played chess pretty seriously from six to maybe 13 or so. I was never really great at chess, like probably my greatest accomplishment as a chess player is eighth place in the New York state third grade and under tournament. Um, but, uh, so I played chess seriously for a while around 13. I reached this point in my chess career where it got really boring, where I was just really solidly the second best player in the County. And every time I'd go to a chess tournament, I knew what was going to happen. I was going to beat all these kids I was a lot better than.
Starting point is 00:02:48 I was going to play this dude, Nick, in the final, and I was going to lose. Why would Nick beat you? He was better than me. He studied harder, and he had a sharper chess mind than me. Something that I never really got past in chess was that it's really easy to make one small mistake and end the game. And poker is a little more forgiving of slight oversights. Like in chess, you think through a move, it looks pretty good, you make the move, and then right after you made the move, oh fuck, Bishop takes Knight and I lose. And poker is not quite the same. In poker, you make a comparable blunder, and you bet the river,
Starting point is 00:03:35 and you think this is a pretty good bet, you're going to beat a bit more than half the hands that call you, and then you think, oh shit, actually he can also have played King, Jack of Spades this way. This was a slightly bad bet rather than a slightly good bet. And it doesn't end your tournament to have made a slightly wrong play in poker the same way it does in chess. So I think my brain is set up better to be an extremely good poker player than an extremely good chess player.
Starting point is 00:04:05 Would it be a relevant analogy to say that playing poker is like more of a game where you restart every time? Yeah. Whereas chess is like a sword fight. Like you get one chance to not get stabbed. If you get your arm cut off you're gonna die yeah that that is actually a pretty good analogy you so when you play poker um are you the type of guy like when you like read a person and you have an idea that you have a big advantage
Starting point is 00:04:41 will you then take a big chance will you then gamble or you are are you a conservative calculated sort of a guy um you don't want to give up your hand he doesn't want to tell people how he thinks i see what he's doing he's like i see what you're doing you're playing chess right now you're going back and forth hmm i should uh maybe shut the fuck up no i i'd say i'm more in the former category i mean so you're more of a gambler guy in poker you have to make the best of the edges that you're given you aren't presented with constant unlimited opportunities to get an advantage. So when you are presented with one, yeah, you have to...
Starting point is 00:05:32 So there's a certain amount of courage that's involved in playing the game of poker. It's not something that you chip away at necessarily. It's something that when the opportunity presents itself and you believe that you have it, do you have like a green light that goes off in your head head or do you have an instinct that you sort of rely on um in in terms of like the risk management part of what you're talking about a lot of that is actually outside of the process of making decisions within a hand so, in terms of risk management, a lot of that is like managing the stakes you play
Starting point is 00:06:09 relative to how much money you have. So if I'm playing a cash game and it's a game where you buy in for $5,000, that's a game where losing one hand for the maximum amount isn't going to ruin my life, isn't going to have a big impact on anything. So in that context, I can go ahead and risk the full $5,000 that's in
Starting point is 00:06:38 front of me on a half a percent edge, because that's how you make money playing poker you identify an edge and you exploit it so in terms of like courage and risk management the like risk management thing comes in before you're actually playing a hand and then in the course of playing a hand you have already made decisions that put you in a position to be comfortable taking the maximum amount of risk that you could be confronted with after that point. Is what I'm saying making sense there? Yes, it totally makes sense. So you're more inclined to take a big chance if you're betting a small amount of money.
Starting point is 00:07:20 That's what you're saying, if it's a small amount of money going in. Now, what's like the biggest? Buy-in that you've ever had to play ah For a tournament it would be a million dollar buy-in Wow So when you do that, I see you're sponsored by poker stars net Does poker stars pay for a portion of that? Do they give you a piece of the action?
Starting point is 00:07:48 How does that work? PokerStars does not. But what I... Well, part of my contract with PokerStars does involve getting a certain amount of money per year that is earmarked toward buying into poker tournaments. that is earmarked toward buying into poker tournaments, but they're not explicitly staking me in the poker tournaments. It's just my compensation for representing the company. So your compensation is essentially up to your management discretion.
Starting point is 00:08:18 So when I play something like a million-dollar buy-in poker tournament, what I do is I take on investors who are typically otherin poker tournament, what I do is I take on investors who are typically other professional poker players, and they buy shares of me in the tournament. They put up a fraction of the buy-in, and if I win, they get a fraction of the winnings. Oh, that's fascinating. So you guys kind of back each other. Yeah. Hmm. So if you go into a poker tournament and there's maybe 20 guys, it's conceivable that you and the guy you're playing against in the finals have a piece of each other. Yeah. That happens somewhat often. Hmm. That's a big thing in the world of pool, but pool, they do it in billiards, professional pool, because they don't make as much money. And so they, they, they, you know, they kind of like make a saver, that's what they call it. So like, say, if you
Starting point is 00:09:07 and I were to play in the finals and it was a major pool tournament, it depends on the agreement, but we might make a 50-50 or 60-40 split. So we would play our best, but you would know that no matter what worst case scenario, even if you lost, you were going to get 40% of the purse. Right. The same thing also happens in poker tournaments. In addition to what I was describing where people sell action before the tournament starts, there are also often deals made toward the end of the tournament. So I was recently playing a tournament in Las Vegas. And when we got down to three players left, it was me and two other guys who I think are also really strong poker players. And we agreed that rather than play it out, we are going to just divide up the remaining prize
Starting point is 00:09:54 money according to how many chips each of us have and call it a day. Wow. Does that bother people? Is there an ethical quandary involved in that? I would say there's a vocal minority of people who are bothered by that, and that most people are not bothered by it at all. That's something you see happen everywhere from the very highest stakes tournaments in the world to a weekly $20 tournament that at some point people will agree to a chop. It can be a partial chop where they just take out some of the money, like the saver sort of thing you were talking about, or it can be a complete chop where they just split up the prize pool and call it a day. But the vocal minority, what is their argument? Like, what do they say?
Starting point is 00:10:40 They say, you guys are ruining it. This is like, poker is supposed to be about gambling and chance and that's where the excitement comes in and that or it's supposed to be a pure competition it's not supposed to be about this deal making supposed to be you go in you compete the best or luckiest player wins and that's the guy who gets all the money now the vocal minority are they the spectators are they the actual players themselves are they the spectators? Are they the actual players themselves? Are they the commentators? Are they the guys who write?
Starting point is 00:11:08 More often, it's the spectators and the media than the people who are actually in there playing on a day-to-day basis. Same thing with billiards. Yeah. That's interesting. So the spectators feel like it's not as exciting for them? Is that the idea? Mm-hmm. Hmm.
Starting point is 00:11:26 So they want to see one guy win a million bucks and one guy win dog shit yeah and i mean that that's understandable right like i guess yeah i guess yeah i don't know man i mean uh i think i'm too close to stuff like this to see it objectively because i'm friends with so many pool players and because I don't, you know, I think people should be compensated. I hate the idea of a winner take all thing. Right. You know, because like if there was a big pool tournament called the Tournament of Champions and every year the winner gets a good, for pool, I think it's like 50 grand.
Starting point is 00:12:00 It's not much for poker. But everybody else gets dog shit. You know, so. So so so of course people do this yeah they definitely chop it up so the people that are the the commentators and the spectators like um you say a vocal minority is it only small percentage of the commentators and spectators it's hard to tell because the people who don't object aren't saying anything about it but i would guess yeah it's only a small percentage. Now, there's no rules against it, though, right?
Starting point is 00:12:29 It's not like something you guys have to do on a sneak tip. There are some tournament venues that won't enforce the chop, which means at the majority of tournament venues, you say to the tournament director, we've agreed to this chop, pay each of us this amount of money. At a minority of venues, you can't do that. You say that, the tournament director says, I don't want to hear it. You have to play the tournament out. And then you do it on your own. And then you have to do it on your own. And then you have to trust the other people at the final table to honor the agreement and turn around and hand you
Starting point is 00:13:06 the cash right after the tournament. Has anybody ever not honored that agreement? Very rare. Very rare. I can't think of a circumstance where it was like a handshake deal chop at the final table and then somebody just didn't pay. I couldn't imagine. That would be a disastrous thing for that person.
Starting point is 00:13:23 I couldn't, that would be a disastrous thing for that person. There have been a handful of cases where somebody has made a backing deal and then refused to pay out their backer. Whoa. taken to court by a guy who claimed to have a backing arrangement with him and had like voicemails saying, yeah, I'm giving you this amount of money for 50% of your winnings. And then after the fact, Jamie Cole was like, nope.
Starting point is 00:13:56 Why did he say that? I don't know. He, he was a pretty weird guy. Was? Is he dead? No, still is.
Starting point is 00:14:04 He's a pretty weird guy who I have considerably less exposure to lately because he has more or less moved on from the poker world. Well, Jesus Christ, he won the World Series of Poker. Won the World Series of Poker main event, had a big dispute with a guy who claimed to be entitled to a big share of his winnings. And then just faded out of poker because of that? Not because of that. Lost back a lot of what he'd won playing in tournaments and cash games.
Starting point is 00:14:33 Just decided, fuck this game. Pretty much, yeah. How do you get to... I just would imagine that if you got so good that you win the World Series of Poker, that's a very profitable way to spend your time. Well, that's the thing is that not everyone who wins the World Series of Poker main event is an excellent poker player.
Starting point is 00:14:57 Really? It's one tournament with on the order of 6,000 players, and the best player in the tournament is maybe 10 times as likely to win it as the worst player in the tournament, but it's one tournament. So it's possible that a middling tournament player can win the World Series of Poker? Happens all the time. Wow, I never knew that. Oh, yeah. That's crazy.
Starting point is 00:15:23 See, that never happens in pool no you can yeah you're not gonna beat like earl strickland in the finals if you suck that's so crazy and that's why you can play poker for high stakes and it's pretty hard to find a high stakes pool game without some careful handicapping yeah wow i never knew that that's fascinating i always felt like the guy who won was the best guy or there's like a handful of best guys and they swap positions and it's about who's focusing more. No, I mean this year a guy made the World Series of Poker final table for two years in a row. That hasn't happened in about 10 years. Oh, that's interesting. I need to pay attention more to this poker shit.
Starting point is 00:16:07 Now, what about gambling in Vegas? Do they put a line on who's going to win? Yeah, you can make bets on the outcome of the tournament, but they only, whereas for like a football game, if the Giants are playing the Falcons, you can bet the money line and you can get two to one on the Giants if they're the underdog or lay two to one and take the Falcons. or lay 2-1 and take the Falcons. For poker tournaments, the bookmakers are not that confident that they know the right prices, and they only put up one side. If you want to bet on one guy to win the tournament, they'll give you a price, but it's a really bad price,
Starting point is 00:16:57 and you're going to lose making that bet, and you can't take the other side. Oh, okay. Betting on the outcome of poker tournaments is a pretty small market. Yeah, because that's another thing they tried with pool, but they took... The one time they did it in Vegas, they had this big
Starting point is 00:17:14 tournament, and this one guy, Mike LeBron, who's an excellent player, but was the 40-to-1 underdog. They all dumped to Mike LeBron. They all bet on Mike LeBron, and Mike LeBron wound up winning the whole tournament. And then, you know, of course Vegas is like, all right, you fucking short-sighted assholes.
Starting point is 00:17:30 We're done. Right. You know, oh, the 40-1 guy won. And everybody's missing balls they should never fucking miss. And it was just so ugly. Yeah, that, I mean, that's a potential issue any time you're betting on the outcome of a sporting event that it could be fixed.
Starting point is 00:17:46 Especially a sporting event where the players don't make so much money. That's the thing. When you get to the small market stuff like pool where the players aren't making a lot and you can bet more on the outcome of the tournament than the tournament itself is worth, that's obviously creating a bad situation. So if World Series of Poker comes along
Starting point is 00:18:03 and Vegas puts up a line, I could bet on you to win the whole thing yeah but that's basically it i couldn't bet on you against individual players and individual games or um maybe some of the smaller online bookmakers you could get some prop bets on like who will be in the tournament longer, me or Phil Ivey, that type of thing. Right. But betting on the outcome of poker tournaments is real small. If you wanted to bet, they'd probably let you bet maybe a couple hundred dollars. Now, a lot of these poker players... Oh, you couldn't bet like 50 grand or something crazy? Now, a lot of these poker players are serious, crazy gamblers.
Starting point is 00:18:43 They'll gamble on golf and they don't even play golf. Like they'll do shit like that. Like a million dollars on a game of golf. Who's like the nuttiest when it comes to that stuff? That's a good question. Phil Ivey does a lot of nutty shit. Phil Ivey comes to mind. But the thing with him is he's a real sharp guy when it comes to betting on stuff he is
Starting point is 00:19:07 not as crazy as he'd want you to think um like with golf for example he started playing higher and higher stakes golf with people and was losing everybody's like phil's terrible we all got a gamble on golf with Phil. He was dumping. He wasn't dumping. He was legitimately bad. But then what he did was he went and got coached by Tiger Woods' coach and got really fucking good
Starting point is 00:19:37 and came back and played for huge stakes against a couple of guys and smashed them. Wow. And just midway through the round, they of guys, and smashed them. Wow. And just midway through the round, they're like, this is bullshit. What's going on? When did Phil get good? So how did he do it on the sneak tip?
Starting point is 00:19:55 Did he put, like, a mask on and fucking... I mean, everybody knows what Phil Ivey looks like if you're a pool player, or poker player, rather. What would he need to be sneaky about? Like, where he practiced. Oh, yeah, I mean, I guess he, like, took a vacation to Hawaii or something. Oh, okay.
Starting point is 00:20:12 Wouldn't it take more than, like, one vacation? Must be a really sharp dude. I mean, like, a month-long plan every day. Yeah, and then came back and kicked some... See, I don't... The golf thing is so bizarre to me. I would think there's so many variables involved in golf that like the courses themselves are variable the wind is variable there's there's so much going on like figuring out where the ball lies and then trying to figure out
Starting point is 00:20:39 the rolls of the hill and all that jazz and trying to get i mean yeah it seems pretty damn complicated i haven't played in a really long time but yeah the mechanics of it seem very difficult to learn and i understand like the coaching could help that but even just the variables like when a guy like tiger woods was just dominating everybody like winning like crazy it just i it defied my imagination because i was always like how could this one guy figure out this weird game like where there's so many variables so much better than everybody else like what could it possibly be yeah what is it feel is it touch is it you know like what is it that's allowing him to see the roles of the of the hills and then how does it all go away with one divorce? That's the really crazy part. That's the craziest of the crazy.
Starting point is 00:21:25 I read this study on hedge fund managers that by far the most predictive variable of the performance of a hedge fund is whether or not the manager is currently going through a divorce. Oh, yeah. Because then your life just goes into a turmoil. Yeah. Oh, yeah. Because then your life just goes into a turmoil. Yeah. Hmm.
Starting point is 00:21:52 Or if your wife's a cunt, you get out of that divorce and you're just fucking free and your thoughts are clear. It really just depends, right? It depends on whether or not it's a good divorce, whether or not you want it. Yeah. I mean, even if you want it, I bet it's still a pretty big disruption. Depends, man. i've seen both sides i've seen horrible horrible divorces where you know the guy's just destroyed and usually it's financial the the financial stress of of divorce is really for for a person who's never been through it or
Starting point is 00:22:20 never seen someone go through it it's it's like you're being attacked by aliens that you can't see, and they're stealing money from you. And just like every second of every day, thousands of dollars are leaving your bank account, and you're watching yourself go broke. You're watching years of your life, all the work you put in. I had a good friend that I've talked about on the podcast before, but not only did he get divorced, but his wife calculated and planned it where she went to every good
Starting point is 00:22:50 defense attorney or every good divorce attorney in town and consulted with them before she decided to pick one so that when the husband found out that she was divorcing him he couldn't get a good attorney because they had already talked to her. So it was some sort of a conflict of interest. That's pretty diabolical. She's as diabolical as it gets. Not only did she do that, but because they were together for so long, he had to pay for her attorney because she didn't work. And he has to pay her for essentially the rest of her life because they were married for more than 12 years.
Starting point is 00:23:25 California has some wacky laws. So the only way it'll be different is if she remarries, which of course she never would because she would lose her sweet paycheck that she gets every month. I watched this guy age 10 years in two. In two years, he'd probably age 10 and just was pulling his fucking hair out and going crazy and it was never over i was like are you out yet is it over yet it's like no no no no she's renegotiating she's changing the term she's doing it and she was doing it because he had to pay for her lawyer as well so she just dragged it out as long as possible she dragged it out for almost two years this poor guy got destroyed so So for him, yeah, I would fucking,
Starting point is 00:24:06 I wouldn't bet on him playing golf. That guy would be fucking knocking balls into the treetops and screaming and attacking birds with his clubs. It's devastating for people. And women want to know why guys don't get divorced. Maybe they know somebody like that. Or Tiger Woods. Yeah.
Starting point is 00:24:28 Poor bastard. Not really, though, right? He's still fine. Yeah, I think he'll make it. Yeah, he'll make it. He's just not Tiger Woods anymore. Right? How many golf tournaments has he won since the divorce?
Starting point is 00:24:42 I don't really follow golf, but I don't think it's many. Why? It's so weird. Do you follow Jamie? Yeah, he's won a few. Yeah? He's recently coming back from an injury right now. I just saw something the other day. They say he's got about 10 years left in his career
Starting point is 00:24:56 to catch Jack Nicholson. How do you get an injury playing golf? Back. I mean, there's a lot of torque in that swing. I can see you throwing out your back. Fucking pussies. Jesus Christ. You're playing golf.
Starting point is 00:25:11 I would surely get injured playing golf. I'd just hit myself at the club. Well, if you knew what you were doing, I bet you wouldn't. So you're 28 years old. How long have you been a professional poker player? I've been playing seriously and making money at it about 10 years, filing taxes as a professional gambler since I was 18. Wow. I was in school and only sort of playing part-time for the first few of those years, so 6 to 10 years, depending how you count.
Starting point is 00:25:40 So you were doing it through college? Yeah. So you were doing it through college? Yeah. And at one point in time when you were in college and you were in the middle of some stupid course you didn't really give a fuck about, were you like, you know what, I think I could be a goddamn professional poker player? Definitely. That's what it was?
Starting point is 00:25:57 Second semester of my junior year, poker was going great. School was not. I was studying computer science, which at one point I was pretty good at. I thought, this is the thing for me. I'm going to get my undergrad degree in computer science. I'm going to go to grad school, do some more computer science, and become a professor, work in research, something like that. I thought that was my career.
Starting point is 00:26:24 Second semester of my junior year, this thing started happening to me where I'd go to the computer lab and sit down to do a project and an hour would go by and I'd just still be staring at a blank screen. Wow. I just hit a wall. I couldn't do it anymore. Wow. What was that? I think it was some subconscious part of my brain realizing ahead of the more conscious and willful part that this was not what I wanted to do long term. That's fascinating. So you had a passion for it at one point in time or at least an interest in it. Yeah. And was it just that the passion, the interest for poker sort of overcame it?
Starting point is 00:27:04 That it became an option that it became like i think that was probably only a small part of it i think that even if i hadn't found poker and decided to make a career of that that i would have made myself get through undergrad computer science and somewhere around grad school or early into a career doing that, I would have realized it wasn't doing it for me. Yeah, that's something that some kids do when they're young and they're starting to try to pick a career. They look at something that they think they can do. Yeah. And then once they start doing it, they go, this is not what I want to do, though.
Starting point is 00:27:40 Well, shit, you're 18, you get to school, and they tell you, pick a major. Yeah, how crazy is that? though well shit you're 18 you get to school and they tell you pick a major yeah how crazy is that and like i took an econ class a math class a computer science class and uh cognitive science class my first semester of college i was like i really don't like the math class the econ's kind of boring i don't really think there's a career for me in cognitive science. I guess I'm a computer scientist now. But it's not what you were drawn to. I mean, I liked it. I thought it was interesting.
Starting point is 00:28:14 Some of the classes more than others. I liked the theory and math side of it better than I liked spending 12 hours in the computer lab banging out code. Isn't it so weird that we expect kids at 18 years of age to be able to pick their future, to be able to pick a direction for their future? Yeah. It's just so bizarre. I just, I can't imagine going through that again. You know, for me, I took a year off when I got out of high school and then I went to UMass Boston for three years, but I completely half-assed it. Like, I just was doing it because I didn't want to be a loser. So I was going to school with no idea whatsoever how I was ever going to fit into any traditional work environment. And all the while, I had a sort of a career because I was teaching martial arts, and I was teaching it at a high level.
Starting point is 00:29:03 I was teaching it in Bostonoston university and i had my own school and everything like that but i was still going to school and i was like what the fuck am i doing but at least i had like some things that i was interested in but i had friends that were going to school and they're like well i'm gonna be an electrical engineer i'm like is that what you want to do you know i don't know i'm okay it's good money you can make good money i'm like okay probably get a job yeah but that life is a weird life man that's the life that the majority of people do yeah the majority of people do this life where they start doing something because it's a job that they can do fuck man that's a that's terrifying to me yeah it's a sad scary
Starting point is 00:29:43 thought for a guy like you so that's why when i hear about a guy like you i go yes like i love someone escaped yes i fucking love when i meet a another comedian i love when i meet a guy who makes a living as a musician i love when i meet a writer you know i love people that have figured out a way to stay out of that fucking trap that weird trap of just doing something because you can do it and you know and people who are doing something because they can do it and they're listening to this don't think i'm not criticizing you i easily could have been you easily you know it's not no one's better than you i'm just i'm celebrating you you ike that you you
Starting point is 00:30:22 did it you figured it out there's a lot of luck involved. Oh, fuck yeah. A lot of different ways. There's a lot of luck involved in being American. There's a lot of luck involved in having good motor skills that you can walk and you don't have a disease and you don't have fucking cancer. Your eyes work. There's a lot of luck involved in a lot of different things. So no doubt about it.
Starting point is 00:30:43 And there's definitely a lot of luck in finding a path, picking a path, and then figuring out that this is something you can actually do. And that's when the courage and then the determination come in. Once there's an opening to just run, run through that door. So when you were 18 and you started making money doing poker and then you realized that school was kind of whack like what did your parents think about that uh well the way that played out was like i said second semester my junior year i failed most of my classes um after like straight a's for five semesters did your parents suspect drugs no i i don't think that was... That's what I would suspect.
Starting point is 00:31:26 I'll give you a little piss test. Come here, you little freak. What the fuck are you doing? All that college tuition. Come here, son. Pissing this cup. What did they think? You're bored?
Starting point is 00:31:39 Yeah, bored. I think that they were a little skeptical of the computer science thing all along, that I just seemed to sort of pick something out of a hat and go for it, and it was not a huge surprise to them that I was getting sick of it. And by coincidence, over the following summer, some legal rumbling started in Washington that maybe it's time to crack down on online gambling. And a bill called the Unlawful Internet Gambling Enforcement Act got passed or was due to get passed that fall and i started thinking shit online poker might be going away i gotta get all the money while i can and i called up the school this was like late august i'm like about to go back to school and i called up the university and said, I maybe want to take next year off. What happens if I do? Is there any penalty? Can I come back the following year? No issue. And they said, yeah, it's fine. You've got like one more week to let us know. I said, okay, I'll call you back in a bit. I called up my parents. I was like, I'm pretty sure I want to take the year off and just play
Starting point is 00:33:05 poker full time. Wow. And what did they say? And they said, why? And I explained the UIGEA thing and the getting sick of computer science thing. And my mom said, how much money do you think you can make if you take a year off and play poker full-time? I was like, my goal would be about a million dollars. Whoa. And she said, that sounds good. I think you should do that. Yeah, you got to go high.
Starting point is 00:33:36 You can't get up to make about 30 grand the first year, but yeah, a million bucks is a good call. People like hearing that their kid made a million bucks. Yeah. Go for it, son. And you were only 18, right? No, I was about 21. Yeah. I'd been doing it for three years already. I'd made a few hundred thousand bucks already by that point. It wasn't out of thin air, I guess. It was like, I'm going to be playing these stakes
Starting point is 00:34:03 this many hours a week. I beat these games for this much. It was like i'm gonna be playing these stakes this many hours a week i beat these games for this much it was like a realistic target for me wow now what is the difference between a successful online poker player and a non-successful when it was legal because obviously now it's a big fucking mess right you could legally gamble if you a resident of of Nevada online. Isn't that the case? The legal situation in the U.S. and worldwide is pretty complicated. The really weird thing is that no laws actually changed. How the government felt like enforcing them changed. When the law was talking about the UIGEA passed, I didn't know this at
Starting point is 00:34:46 the time I was making the decision to take the year off. But the final language of the bill says nothing about what unlawful internet gambling is. It assumes that that's something that somebody else already knows and provides for enforcement against the banking and credit card transactions that facilitate illegal online gambling. It's in no way clear what illegal online gambling in the U.S. is. What? That sounds so crazy. There are no federal laws about online gambling other than this Anti-Illegal Online Gambling En enforcement act. Online gambling is treated as illegal by the Department of Justice on the basis of a law from the 60s
Starting point is 00:35:36 called the Wire Act that says you can't place sports bets over telegram. And they're like... Really? Fucking telegram? A fucking telegram? Oh my God.gram oh my god how about smoke signals is that legal still jesus christ and they're like that's basically like playing poker on the internet wow that is so crazy so they decided that that's playing poker on the internet yeah wow gambling on sports through a telegraph. That's so loopy. Yeah.
Starting point is 00:36:06 And was this sponsored by the casinos or something like that? Is that how it got weaseled through? The Wire Act or the UIGA? The UIGA, whatever it is. Them cracking down on it. Had to be, right? Probably. It's hard to tell. The casino lobby is really fucking powerful in America. Oh, yeah. I imagine. A lot of goddamn money involved. A lot of money involved.
Starting point is 00:36:28 Donate a lot of money to both political parties. Yeah. And. And then, of course, the unions as well, right? The unions, I'm sure, as well. Yeah. Yeah. The.
Starting point is 00:36:46 So, for instance, there are. I'm sure as well. Yeah. I don't actually know what union represents casino workers, but I think it's one of the bigger food service sort of ones and is a big deal. Yeah, I would imagine that they would do it just to sort of strengthen their position as job holders because the UFC has a big issue with the culinary union. Yeah, I think that's who has a lot of the casino jobs as well. I'm not sure. I'm sure. Well, that's what they're trying to do.
Starting point is 00:37:15 The reason why the UFC has an issue with the culinary union is because Zufa, the company that owns the UFC, also owns station casinos. So there's this huge push to try to get them to turn their casinos into union casinos. So there's this huge push to try to get them to turn their casinos into union casinos. So they're keeping the UFC out of New York that way, like paying off politicians. It's fascinating.
Starting point is 00:37:34 Yeah. It's fascinating because it's so old school and so transparent, like the corruption. So, I mean, New York State, like the actual people themselves would benefit tremendously if they allowed mixed martial arts. Sure.
Starting point is 00:37:46 They also have boxing already there, which is more dangerous. I mean, it's all proven. And they still, for whatever reason, have been able to bribe these politicians transparently. Yeah, all that shit is just a power struggle over the money, it seems like. Yeah, so they just try to keep online poker. For online gambling, it was the same thing. So they just try to keep online poker. For online gambling, it was the same thing.
Starting point is 00:38:13 The casino lobby in the U.S. has gone through a few stages in what they think about online gambling. At first, they just ignored it, didn't give a shit. That's not a real thing. Nobody's going to gamble on the Internet. Who cares? And then around about 2005, 2006, they started saying, oh, no, this is unethical. We can't let people gamble from their homes. They need to drive to their local casino and gamble because that's where we make money.
Starting point is 00:38:39 And that's where we serve liquor so we can be sure that they're fucked up when they're gambling. And think of the children. If you're playing online, it could be anybody, which, of course, is wrong in both directions. For one thing, people gamble underage in casinos all the time. For the other, the identity verification stuff for online gambling is probably stricter than for live gambling anyhow. That's pretty interesting, is is it i didn't know that so like what are you like what's the online thing like what do you use you have to show a photo of your credit card you have to or your driver's license rather varies from site to site and ramps up if there's more money involved how would they know it's you and not just someone who has
Starting point is 00:39:20 the information like if you're a 16 year old, you grab your dad's information and just start entering it in. You need more than a credit card. What do you need? It depends on the site, but like copy of photo ID, utility bill. You might need to answer a phone call on a landline associated with the address you claim.
Starting point is 00:39:42 Yes, this is Mr. Hexton. My son, Ike. My son Ike. My Ike is not the one who's making this gamble. It's me. My name's George. I'm 50.
Starting point is 00:39:53 You hear the bass in my voice, son? Yeah, obviously you can get around anything. Yeah, making an online, I mean, making a phone call, that seems like so fucking old school. Yeah. That's such a weird way to verify, isn't it? I mean, it's one layer of a whole bunch of different shit that they do to... If it's on a landline, it demonstrates that you are physically in the place you're claiming to be. Right. Okay. That makes sense, I guess.
Starting point is 00:40:24 But it seems like anybody could just be on the phone, unless you're claiming to be. Right. Okay. That makes sense, I guess. But it seems like anybody could just be on the phone, unless you're FaceTiming. Yeah. I mean, that's why it's only one aspect of it. Then you just have to hire a makeup artist to fucking do you up like your dad. That internet gambling thing, though, it was a big crackdown because I remember it.
Starting point is 00:40:44 I remember at one point in time, you used to be able to gamble on sports online. Oh, yeah. Guys used to be able to play poker for money online. It was really common. And there was even some websites that were – I'm sure they're still around. Bodog, are they still around? Bodog in the U.S. has become Bovada and bovada what is bovada bovada is the entity that they spun off of the main bow dog corporate entities because operating online
Starting point is 00:41:21 gambling in the u.s is so risky that that they have basically set up their corporate fall guy of Bovada, which is what gets fucked when inevitably continuing to take bets from the U.S. eventually goes poorly. They're just kind of like setting up a straw house to blow down when the shit gets... But they're, meanwhile, taking money out of the straw house and putting it in this big stone mansion somewhere that's under a different name. And yeah, Bodog, I shouldn't say any of this too confidently. I haven't been paying close attention to it, but I think Bodog... Welcome to what we do on the podcast every day. I think Bodog is continuing to operate around the world as Bodog, and is Bovada only for its U.S.-facing operations? Oh, okay.
Starting point is 00:42:12 That makes sense. That Calvin Iyer guy, he can't even come into the America, into North America. Yeah, there are a bunch of people in the online gambling industry who that's true of. Fuck, they just live in Costa Rica now or something? Yeah. It's true of. They just live in Costa Rica now or something? Yeah. It's so crazy. It's so weird that that's what gets you locked up.
Starting point is 00:42:31 And what is it? Are they saying they're not paying taxes? Why would they not want revenue? See, it doesn't make any sense to me. If people are willing to gamble, and then they'll pay taxes on those gambling debts or gambling profits
Starting point is 00:42:45 or whatever it was, or even losses. It seems like, you know, if the company wins money or if the person wins money, taxes are going to be paid. Like, it seems like that should be pretty easy to... Well, so to go back to what I was saying about the stages that the casino lobby has gone through in their attitude on online gambling, Around 2005, 2006, they decided, okay, this is bad. We need to shut it down.
Starting point is 00:43:11 Were they losing money? They thought they were. They weren't. They weren't. I mean, this is my opinion here. I think that casinos saw online gambling as competition when it wasn't. Online gambling and casino gambling are not the same product. If I'm the type of person who either likes to go play blackjack at my local casino or likes to play slots on the internet,
Starting point is 00:43:43 I don't play less blackjack at my casino because I could play slots on the internet. They're not the same experience. You don't get the same things out of them. If anything, the availability of online gambling was feeding casinos new customers because people would play a little online and say, this seems fun. I kind of understand this now. Maybe I'll give gambling at the casino a try.
Starting point is 00:44:12 Yeah, that's how I would look at it. Especially with respect to poker as opposed to other sorts of gambling. Going into a casino to play poker having never done it before is a little bit intimidating. You don't really know how it works and you're surrounded by people who do.
Starting point is 00:44:23 done it before is a little bit intimidating you don't really know how it works and you're surrounded by people who do and the ability to get a little experience playing online in a lower pressure environment i think introduces people to the game who then go on to play in live casinos as well now when you go to a live casino, how many people are like me that don't know how to play poker at all but are still trying to play poker? Do people get liquored up and just wander into the poker room and go, let's fucking give this a shot?
Starting point is 00:44:56 Every once in a while and more at lower stakes than at higher stakes, obviously. Obviously. At high stakes, it's pretty rare to see somebody who has never really played poker before. But it happens?
Starting point is 00:45:10 It happens, oh yeah. For sure. What is that like when you see some fucking fish, some big fish that comes in, what do you call them, whales? Is that what you guys call them? Yeah, fish, whales. Yeah, that's what they call them in pool.
Starting point is 00:45:22 Yeah, same terminology in poker. So they come in and a lot of money don't know what the fuck they're doing and everybody slowly starts circling them yep there's a long wait list to play at the table that guy's at if there's not a seat available he walks in he says i want to play everybody looks up that guy looks rich and we don't know him uh this game can become 10 handed now pull up a chair so when guys when you don't know him. This game can become ten-handed now. Pull up a chair. So when you don't know a guy. So the world of poker, essentially you know all the elite players.
Starting point is 00:45:52 Yeah. There's no one who could sneak up on you. I mean, there are probably a few people. There are probably like a handful of guys who mostly play online, turn up at a casino. handful of guys who mostly play online turn up at a casino and i wouldn't recognize them but they're among the best players in the world wow but for the most part yeah i recognize most of the top players my friend ari shafir who's a stand-up comedian great guy funny hilarious motherfucker but very smart and uh when he was struggling as a stand-up comedian, he was playing poker tournaments,
Starting point is 00:46:27 and he was making more money playing in casinos, playing poker, than he was doing stand-up. Yeah, I've heard Ari talk about that before. Yeah, I mean, he's making a living doing poker. And I always found that incredibly fascinating, that he was doing that, that he was just going from place to place and playing poker. And he said he could kind of tell.
Starting point is 00:46:45 He could kind of tell when people knew what the fuck they were doing and when people were just assholes. Instantly. I mean... But does anybody ever hustle? Like the way they do in pool, they pretend to suck
Starting point is 00:46:54 and then they rope you in and... Yeah, some. It's more common, I'd say, at the mid stakes than at the highest stakes just because the world's too small to get away with it much right at the highest stakes yeah the highest stakes how many guys are there in the world that are just elite dozens to hundreds depending on how you're counting it i guess hmm so hundreds maybe maybe but out those hundreds, you're aware of all of them, you think? Pretty much? And if you're not, other people are.
Starting point is 00:47:28 The overwhelming majority, if I'm not, it's because they're playing in games that don't have a lot of intersect with the games I'm playing in. What about places like Macau or places like, I mean, that's obviously a huge gambling spot. Macau is really interesting. I've played a couple of tournaments in macau i've never played in a cash game in macau um though i have played in cash games with macau guys
Starting point is 00:47:54 a few times the ufc did some uh shows in macau yeah i know and um there's been some boxing out there and i think they're doing another ufc out Yeah. But they said that, like, it's just like Vegas times 100. They said it's madness. Like, the amount of gambling and the craziness and the majesty of it all. Yeah, it's real crazy. Where is that exactly? It's right next to Hong Kong. It's like a one-hour ferry ride from Hong Kong.
Starting point is 00:48:20 And how long has this been around? Macau? And how long has this been around? Macau? I want to say maybe 15 years, maybe less. That's so crazy. I think it's gotten huge in less than the last 10. How does something like that happen? How does something way bigger than Vegas just sprout out of China?
Starting point is 00:48:40 China says you can gamble here, and the millions of Chinese millionaires say that sounds like a good idea. Let's go gamble here. And then you said building. And there it is. What is it like like the as far as like the buildings and far as like the bizarre Vegas? It's creepy. I lived in Vegas for three years. So I go there and, oh, that's the Wynn. And it looks exactly like the Wynn, only it's on exactly the opposite side of the world and everyone's Chinese. Whoa. So they call it the Wynn? Yeah. Yeah, there's the Wynn, the Venetian. But are they ripoffs or is it the actual Wynn?
Starting point is 00:49:19 No, it's owned by the same people. Oh, okay. Because you know how China does. They do wacky shit like that. They'll build like a fake Paris. Like, it's really strange how their laws are over there as far as what they can get away with.
Starting point is 00:49:31 Isn't there like a fake Eiffel Tower in Shanghai or something like that? Not only is there a fake Eiffel Tower, there's like fake entire towns, like European villages, towns like down to the brick that look exactly like them. There was this story that was on one of the major websites,
Starting point is 00:49:47 I forget what it was, where they, I think it was Vice actually, they detailed all these different towns that have been constructed in China that were exact replicas of famous Swiss Alps towns and stuff like that. So really weird.
Starting point is 00:50:02 China's fucking weird. Oh yeah. Ari just got back from china too and he's talking about how crazy it was there he told us about gutter oil did you hear about you know i think i heard about it on the podcast and i was like that can't be real and yes i've eaten a lot of delicious food in hong kong i hope it wasn't delicious poop might not be as bad in hong k mainland. Maybe. I don't know. So Macau has all the major players, like the Wynn and the Venetian and all that jazz.
Starting point is 00:50:34 And a bunch of, there's like a hard rock. The tournament I played there was at the hard rock Macau. And does everyone speak English there? No. What about the hookers? Speak English? I didn't talk to any Good answer I bet
Starting point is 00:50:46 I bet there There's certainly a market for it Oh yeah, you think? I would guess that market forces Force some hookers to speak English in Macau Yeah Yeah, my friend who went there said You couldn't get away from them
Starting point is 00:51:01 They were just swarming you They're like flies Said it was like mosquitoes In a hot summer day in the northeast. It's crazy how many hookers there were. But it makes sense. I mean, a lot of people gambling, a lot of money, a lot of celebration, a lot of victims, a lot of drunks.
Starting point is 00:51:17 Yep. I just can't believe that something like that can just explode. I never even heard of Macau until maybe two or three years ago. Like, I remember peripherally reading about it online, something like that, and then I heard about boxing matches being held there. Yeah, I basically didn't know anything about it until poker took off there maybe four or five years ago.
Starting point is 00:51:38 So you're 18 years old, you start playing poker, you're 21 years old, you tell your parents, you know what, fuck it, I'm going to give it a go. I'm going to try to make a million dollars in the first year. How much did you actually want to make in that first year? 1.6. Kapow! Jesus goddamn, son.
Starting point is 00:51:59 Whoa! A couple months after I said that, I played in one of my first ever big live tournaments and finished second for like $850,000. So I got a bit of a head start. Wow. Jesus Christ. So everyone was happy at the Haxton household. Yes. Yeah.
Starting point is 00:52:17 Yeah, they were okay with my plan. So then from there, do you just go guns blazing? I went back and i finished school i only had a year left so damn you went you won a million six and went back and i would have told school to suck my dick i would have called them up fuck you and fuck computers that that was 80 what i did i went back and i decided to get a degree in philosophy. I figured out that there was a particular track within the philosophy department called
Starting point is 00:52:49 Philosophy of Science and Logic that I could count some of the classes I'd already done toward, and it was like five bullshit classes away from a degree in philosophy. I was like, alright, I can do that. I'll get my college degree before I have to be the creepy old guy who's back on campus in ten years when poker's that. I'll get my college degree before I have to be the creepy old
Starting point is 00:53:05 guy who's back on campus in 10 years when poker's done. I'll be happy I have a degree. Why did you think you were going to have to, you were planning on failing? You thought it was like possible that it could all go away? I thought it was possible it could all go away. I thought it was possible it could get too hard. I thought that maybe I'm really good relative to my competition now but who knows about in 10 years hmm you know it it's like competing in a sport at some point you're older than the other people you're not as sharp as them they're hungrier than you are and you can't keep up do you you, we talked about in the ads,
Starting point is 00:53:45 I was talking about AlphaBrain, but there's a bunch of cognitive enhancing things that people take. I know some folks take Adderall and some folks take NuVigil or Provigil, like these different cognitive enhancing smart drugs. Do you guys fuck with those things? Poker players in general?
Starting point is 00:54:04 Yeah, absolutely. Like what is like the most common stuff i mean caffeine is has to be number one uh there are waitresses walking around serving coffee at poker tournaments really yeah so instead of water and booze if you want it uh how many guys get liquored up while they're playing it seems like a bad move right at in terms of like highlevel competition, the biggest tournaments, essentially nobody. Cash games in a casino on any given night, it's reasonably common. Right. So what do most guys take besides...
Starting point is 00:54:39 There are plenty of people who take Adderall or Ritalin. Ritalin. That's a speed, too, right? speed too right yeah it's another one of the anti-adhd sort of things right um provigil is not unheard of i fucked with that a little bit in college for studying and found that i just didn't really like it very much i want to send you some alpha brain see if you like it a bunch bunch of my friends use AlphaBrain. Yeah, that's a good one. Another good one is there's a stuff called NeuroOne. Have you ever heard of NeuroOne? I've heard you talk about it before. It's Bill Romanowski stuff. It's really good as well. There's a bunch of companies that are selling these cognitive enhancing formulas
Starting point is 00:55:19 now, and especially now that AlphaBrain has become really popular. It's become super popular to sell these blends. Because there's all these different things like paracetam and choline. There's all these different things that have been shown to have positive effects on cognitive function. A friend of mine at a tournament a couple months ago gave me something called Smart Caffeine, which is just caffeine and L-theanine. Oh, okay. And I thought that was awesome. I've been taking some L-theanine. Oh, okay. And I thought that was awesome. I've been taking some L-theanine recently.
Starting point is 00:55:48 Do you Prastim? You ever mess with that stuff? I haven't. I've heard good things. A few of my friends use it. I like it. One of my closest friends in poker is J.C. Alvarado, who I think you know a bit.
Starting point is 00:55:58 Yeah, he's on my website. I met him. Yeah, I met him a bunch of times. Cool guy. Yeah, he's an awesome guy. Great things to say about you. He said that you were probably the best heads-up up player one-on-one player in the world what do you think about that fella there are i'm definitely in the running i mean
Starting point is 00:56:15 so what is it different between playing heads up and playing like you know a large tournament like 30 40 people well besides the obvious like what's the the strategic difference like how you approach it it's simpler um which doesn't necessarily mean it's easier it means it's easier to get really in-depth in how you're analyzing it, and the same situations come up over and over again, because it's only two players. And if there are nine players at the table, that's nine different people who can do something different every hand, and similar situations don't come up nearly as often. Whereas when I'm playing heads up, two hours into playing a guy, I can be in the spot where I'm on the button, he's in the big blind, I raise, he calls, flop comes down, he checks, I check, turn comes down, he bets, I call, river comes down, he checks, it's on me. This exact situation, not the boards that have run out but the betting action that situation has come up already 20 times in the match that we're playing and
Starting point is 00:57:31 i can have a pretty clear idea of in this exact spot this guy traps a little bit more than my average opponent he's gonna take this line with a strong hand more than some other people will. So I can't bluff him as effectively or I can't make a value bet with quite as weak a hand as I would against some other players. And heads-up poker is more amenable to that sort of detailed analysis of how your opponent is playing.
Starting point is 00:58:06 By the way, I understood maybe 10 things out of 20 that you said. I don't even think 10. Button, blind, flop, all that, river, all that's poker talk. Yeah, poker jargon. So how much of it, like this expression, this is a big one, the big one is a poker face, having a poker face. How much of that is real? How much of it is, do you read a guy or do you worry?
Starting point is 00:58:37 In live poker? Yeah, absolutely. Totally. Yeah, it's a huge factor. So if we're looking at each other right now and we're playing, what are you looking for? Do you feel it? Do you sense it? Absolutely, you do sense it. And there's just a gut thing that happens, for sure.
Starting point is 00:58:54 You just look at somebody and he just doesn't look that comfortable or he does look comfortable. And often there's just a general sort of feel you get from somebody that is difficult to put words to, but that the top players are confident when they get those gut feelings and go with them. But there are specific things you can look for, too. Like you can, you want to first get a sort of baseline reading on people's posture. Like, look at them sitting at the table when they're not playing a hand. And then, having done that, you can observe shifts from that. Like, somebody will... I'm bumping into the mic here, but somebody will get up closer to the table when they're interested
Starting point is 00:59:45 and invested in the situation. Or you can even see somebody make like a micro gesture of recoiling in frustration when a bad card hits the board or you make a bet that they don't like. And you can see little movements like that. You can read somebody's pulse in their neck. What? Yeah. So you see, so you're staring at someone's neck.
Starting point is 01:00:09 In that sense, it'd be good to be a fatso, right? Yeah. A bunch of people wear scarves while they play so that you can. What? That's crazy. All the top German guys now are wearing scarves while they play. Fucking Germans. No joke.
Starting point is 01:00:22 That's so crazy. So you look at a guy's pulse in his neck, and what are you looking for? The amounts of beats? See if you can see how fast it's going? Yeah, you can see it going faster or like the blood pressure raising when they're really tense. Wow, that's crazy. I never would have thought that. Or how deep someone is breathing.
Starting point is 01:00:41 You can watch the rise and fall of their chest. Wow. how deep someone is breathing. You can watch the rise and fall of their chest. Wow. One thing people do is people tend to be a lot more still and tight when they're nervous and move around a little more
Starting point is 01:00:53 or more relaxed when they're comfortable. And so when somebody is trying to just keep it together and look, put their poker face on, look the same way they always look, but they're actually really comfortable because they've got a great hand and they're about to win. Wow. You can sometimes see their leg will start pumping. They'll start tapping their foot real fast. They'll be keeping everything above the table still, but their leg will start pumping. They'll start tapping their foot real fast. They'll be
Starting point is 01:01:25 keeping everything above the table still, but their leg will start going real fast. Wow. Now, what about someone faking all that stuff? That happens all the time. Does it? Oh, yeah. Like in what way? Any of those things. Now that I've just said I look at people's legs while they're
Starting point is 01:01:43 playing, I'm going to be playing against somebody in a couple weeks and he's gonna be bluffing me on the river he's gonna start tapping his foot because i've just said that i'm that's something i'm looking for for evidence that they're strong so when you see someone like i'm sorry a thing i used to do sometimes uh i feel like i can't get away with it as much now because people know who I am and expect me to be pulling some bullshit and in control of my physical stuff. But something I would do is I would sit like this while playing in general. With a hand on your face. And when I wanted to fake being nervous, I'd lean into it. And you can like see my cheek go a little white
Starting point is 01:02:25 where my knuckles are making contact with my face. And that would make you look more nervous? Yeah. Do you practice this stuff in front of a mirror? Yeah. I mean, why not? If you can make $1.6 million your first year, I'd practice a lot of goofy shit too.
Starting point is 01:02:41 Fake tells can be real subtle. What about guys who play with sunglasses on is that super common it's very common um tells from your eyes are it's a factor but it's not one of the biggest ones um because you're used to people looking you in in the eyes you're practiced at lying with your eyes you you know people are looking at your eyes isn't an eagle song you can't hide your lying eyes sounds like an eagle song i believe it is um so so the glass is not not a huge factor not a huge factor What's the biggest one? The lips? The neck? Hands, general posture, legs and feet even.
Starting point is 01:03:32 People are not on top of that one. How many times have you been faked out by fake tells? It's hard to tell. You don't necessarily know it was a fake afterwards because sometimes it's not fake and you're just wrong. You're wrong on your hand, you mean? No, you're... The tell is genuine, but you interpret it incorrectly. Somebody's not actively faking you out.
Starting point is 01:03:55 But, like, none of this is an exact science. Like, I see somebody's pulse go up. I know for sure their pulse is up and that they're feeling something intense right now it could be that they have a flush it could be it could be that they're really excited about their great hand or it could be that they're really stressed about the big bluff they're making ah right right right so you know something's going on so yeah you get these physical signs but there's not a direct path from that to knowing exactly what they have. Do you believe in psychic energy?
Starting point is 01:04:26 Do you believe that you can read something from a person other than just tells? That's a tough one to answer. When you use the phrase psychic energy, I'm inclined to say no because that sounds kind of magical and crazy, but I definitely believe that there is very subtle nonverbal communication that happens between people that is sometimes involuntary. that is sometimes involuntary, that you just... You know things about what's going through the mind of somebody you're sitting next to, and it's hard to tell exactly how and why you know. I mean, I think that's...
Starting point is 01:05:17 Give me an example. In what sense? I mean, whether at the poker table or in any other context, when you're... You are reading people's moods and thoughts all the time. You can tell when somebody is feeling relaxed and happy. You can tell when they're stressed out. feeling relaxed and happy you can tell when they're stressed out you can tell when they're focused and thinking hard or when they're spacing out right that all makes sense like you just you interpret regular human movement communication behavior patterns and such. But I would say that one of the best sort of pieces of evidence
Starting point is 01:06:09 that being a psychic doesn't exist is that there's no psychics that just become poker players and start fucking cleaning up. Yeah, I mean, clearly there's nobody who can just sit across the table from you and read your mind every time accurately. Yeah, because I would think that if there were really psychics, that would be the place where it would show up is poker, right? Sure, or, I mean, any of a number of other places
Starting point is 01:06:31 where you could make a killing or otherwise be very successful and powerful based on that ability. I mean... Yeah, there'd be a lot of them. stock market would be a good one playing the lottery obviously um well that's getting into predicting the future versus reading minds which i mean i don't think anybody's doing either of those things but reading minds seems marginally more plausible than predicting the future yeah right and that's a different kind. But reading the future is kind of interpreted as psychic, right? Isn't it?
Starting point is 01:07:08 Yeah, I mean... In some way? They're similarly crazy powers that some people claim to have. Does, like, socially, does that, like... It seems to me that, like, the ability to read tells and the ability to be so tuned into it because it's part of the game of poker, does that carry over to social communication?
Starting point is 01:07:31 Do you notice things more in the way people... We all know when someone's a bullshitter, right? We all know when someone bullshits you and tells you a story that's a little fucking screwy. We kind of have this weird sense, just based on the data that we've accumulated over a lifetime's worth of communicating with people that something's off here and and also if you've communicated with a bunch of bullshitters you kind of recognize it yeah so we feel like that
Starting point is 01:07:56 like being a good poker player like makes you a better social reader as well i think so i think probably not by a giant margin, but yeah, I think I'm probably a bit above average at that. I think I have a more studied and self-aware approach to it than a lot of other people do. I think I may have started from a baseline of being a bit below average at that kind of thing um where somebody might say that story felt kind
Starting point is 01:08:34 of bullshit i'm more likely to say well he said i think and equivocated on a couple of things where that's not a way you would talk about it if you weren't full of shit. His eyes were darting around a lot. So you would look at it in an analytical sense instead of just basing just on your instincts. You would use both, your instincts and analytical. Yeah.
Starting point is 01:09:01 Yeah, there's something. One of the main things that i'm fascinated with with poker is the ability to read minds the or read tells rather the ability to sort of get this uh sense of where a person's going with things get the sense i think that's fascinating because i know that that exists in real life i know it does i know it exists like that thing exists with with human beings. I just don't know exactly what it is. I've always wondered.
Starting point is 01:09:28 I've always wondered what exactly is going on when people are looking at each other and you know something's off. Yeah. You know, just a sense. Like there's a perfect story. I've told this before, but my friend Brian Callen, he's a great guy, but he used to date like some of the craziest fucking people of all time he's had a bunch of crazy people in his life too and I would hang out with him and he would have this guy over and I'm like what do you do this guy's a fucking bullshit or it's like what he couldn't see it for whatever reason just couldn't see it yeah and he introduced me to this
Starting point is 01:09:58 girl within five seconds like he goes hey this is blah blah blah this is my friend Joe I go how you doing and she goes oh hi I go come here Brian I pulled him aside I go she's fucking crazy I go get out right now whatever you're doing it's not crazy she's nervous to be around you I go dude trust me I have a spidey sense for like real crazy I go that girl's fucking crazy. Turns out, of course he didn't listen, moves her in, blah, blah,
Starting point is 01:10:27 blah. Turn out she's on meth completely out of her fucking mind. Uh, is a prostitute, um, has, has, uh,
Starting point is 01:10:34 these Johns in her life and, and, you know, fucking pimps in her life. And then he, you know, he gets rid of her. And then years later,
Starting point is 01:10:42 he's, uh, on a bar, uh, at a bar on Sunset, and about to walk in, and she walks by, and she's street walking. Jeez. Yeah. I spotted it like that.
Starting point is 01:10:55 Yeah. He didn't spot it at all. Fascinating. He would be a suck-ass poker player. I don't think I'd be a good poker player. I don't have the patience. It's just not something I'm interested in, but if I was interested in, I wonder if I'd be able to pick up tells.
Starting point is 01:11:08 I find that so fascinating. I feel like with all the experience in martial arts, you would have a leg up on learning that stuff. I mean, picking up tells has some in common with, you know, looking at somebody's stance and picking up that they're about to throw a kick. Hmm, that's interesting because looking at someone's stance and whether or not they're going to throw a kick is based on data. You know, like sometimes I'll say, like during a broadcast, like he's about to throw a left high kick. And someone will go, how will you know?
Starting point is 01:11:42 Like he's about to throw a left high kick. Yeah. And someone will go, how will you know? And because there's a very small but perceptible rise in his heel. Like his heel came up off the back foot, which means usually that a guy's trying to get a little bit of a head start throwing a kick with his back leg. And you just, you see it because so many guys have thrown kicks at you or because you've tried to hide it on people
Starting point is 01:12:04 and you've thrown kicks at people. There's a thing that you see. But there was a book on this, and it's not about martial arts, but it's about just acquiring massive amounts of data about very specific things and then being able to see these things coming. I forget the term that they used. Yeah. and then being able to see these things coming. I forget the term that they used, but it was just about that, about how for a person who doesn't have this data in their mind, it seems like, how's this guy seeing this? But for someone who has all that data, it's like, oh, there it is.
Starting point is 01:12:35 You know, just like this little blip, little... Yeah, it's exactly the same thing with picking up tells in poker because just thousands of times I've sat across the table from a guy, I've looked at him. I've thought about whether or not I think this guy has a good hand. And then I've put out my call and he shows me his hand. And I've just been through that routine thousands of times. And so now I find myself in that spot and the guy's bet.
Starting point is 01:12:57 And I'm looking at him and thinking about whether or not to call. And I have a big sample of what people look like right before I call them, and then whether or not they show me the winning hand. So a guy like Doyle Brunson, who's been around for 100 years, he would be a wizard at that shit, right? I would guess so, yeah. That's really interesting, man. That's really interesting.
Starting point is 01:13:20 That guy should teach, like, tells, right? Like, if you're that old, been around for that, how long has that guy been playing? Real long time. 50, 60 years or something like that? 50 years, more like 60, yeah. 60 years. Yeah, dude's in his 80s, I'm pretty sure. That's amazing, man.
Starting point is 01:13:39 That all those years of accumulating that data. And a guy like that has really been around for the transformation of poker, too. It was a real different thing back in the 60s. Yeah, it was like you'd go over people's houses, right? Yeah. That was all it was. Did they have it in casinos back then? I want to say the 60s was when poker in casinos began picking up.
Starting point is 01:14:03 The 60s? Yeah. What led to this poker revolution that we find now fucking everybody plays poker now yeah there were a few stages of it the earlier parts like what happened in the 60s and 70s i know less about but they started running the World Series of Poker in Vegas in the 60s and have every year for... I guess World Series started in 69, I think. So they've run it every year for 40-some years now.
Starting point is 01:14:39 Well, the big one on television was when they started showing those cameras for television of the cards. Being able to see people's hands. That was huge. That was huge in making it spectator sport. Making it exciting. Even for a guy like me who doesn't play, if I'm sitting at a bar and I look up and there's a poker thing on,
Starting point is 01:14:56 you see each guy's hand. That's, to me, it's very exciting. Yeah, that was a huge leap forward. They had tried televising poker tournaments before that, but it's, especially to a casual viewer, a lot less interesting. But you see less of it, at least for the non-involved observer like myself, you see less of it on television now. In the U.S. In the U.S.
Starting point is 01:15:18 In other countries. It hasn't fallen off nearly the same way in other places. fallen off nearly the same way in other places and the reason behind that is that in order to make a profitable tv show you have to sell advertising space if you're making a poker tv show who do you want to sell advertising space to poker online poker sites online poker sites can't advertise in the u.s anymore motherfuckers so in can Canada or England or France, poker on TV is still huge. So in Canada
Starting point is 01:15:49 it's legal to bet online? It is ambiguous. Ambiguous. In most of the world it's ambiguous. Because I would seem that like,
Starting point is 01:16:00 if you were a poker player and you live in America, you just move to Vancouver. You play online in Vancouver, travel down to America, give up U.S. citizenship. Giving up U.S. citizenship and getting citizenship somewhere else is a lot tougher than you might guess. Yeah, I would imagine. In 2011, when it became clear I was going to have to leave the U.S. to keep playing poker online, I was very startled that
Starting point is 01:16:25 I can't just go wherever I want and set up shop and stay there indefinitely. So you live in Malta now? Is that your move? Mostly. I can only spend about half the year there for visa reasons. So I spend about half the year in Malta and do a lot of traveling around to other places
Starting point is 01:16:41 as well. You fucking pimp. Look at you. Kid goes from hating school, trying to figure out, gets the love of his parents, fucking bolts, makes 1.6 a year the first year, and then from there on, when you got your degree, and then you decided to just dedicate yourself to being a professional poker player, how many years was it until you kind of had to make this move out of the United States? Three.
Starting point is 01:17:07 I graduated in 2008, moved to Vegas, and lived in Vegas from 2008 to 2011, and then moved to Malta. What was living in Vegas like? It was pretty great. I lived in Panorama Towers. You spend a lot of time in Vegas. You might know it. It's the apartment complex next door to vanderley's gym oh okay yeah i know where that is yeah nice spot yeah uh and it was
Starting point is 01:17:30 just full of poker players oh really so it was like uh some friends of mine from college who moved out there with me at the same time um i had two friends from college who uh one still is a professional poker player one was for a couple years and went to law school. They moved out to Vegas with me. My girlfriend then, who's now my wife, came out with me. And then I met a bunch of poker players who were already living out there. And Panorama Towers in like 2008, 2009 was just insanity. The whole building was just poker players and strippers.
Starting point is 01:18:10 Empty apartments. Wow. What a party that must have been. Poker players and strippers. How'd that work out? Must have been a lot of money being exchanged in those towers. Allegedly. Allegedly.
Starting point is 01:18:23 I don't know any details of that sort of thing. Good for you. Stay on the straight and narrow, son. Avoid the divorce that fucking traps hedge fund managers and sends them to their doom. So you live in Vegas. You're doing the poker thing in Vegas. In Vegas, but mainly online.
Starting point is 01:18:41 Mainly online still. Yeah. Why is that? Is it more profitable? Easier? More profitable for me at that time, given my personal skill set and inclinations. There's money to be made doing both. The advantages with online poker are you can get a lot more hands an hour in.
Starting point is 01:19:05 You don't have any of the cost or wasted time associated with going somewhere to play. There's not the drive to get there and the drive back and the time spent waiting for a seat in a game. Playing live poker involves live cash games involves a lot of waiting around for your turn to get to play in the game. Yeah, I would imagine. And then once you get in the game, you play 30 hands an hour. Online, I'm playing 300 or 400 hands an hour. And that's not even particularly high volume. Are you playing more than one game at a time online?
Starting point is 01:19:42 Oh, I see. So you run multiple computers? No, you can... It's just multiple windows on one computer. Okay, so there's different sites. No, you can play multiple tables on one site. Really? Yeah, yeah.
Starting point is 01:19:53 You're not doing anything sneaky or bad by playing multiple tables. Now, when you have a thing on sites, do you have a time limit? Yeah. Yeah, pretty short. Something like 15 seconds, and then after 15 seconds, it goes into your time bank, which is like another minute worth of time, but that is not constantly replenished. So, like, you use 30 seconds of your time bank now, you've only got 30 seconds left for the next hand if you were to go into your time bank again. So, yeah, you have to play quite quickly. That seems like, yeah, like, why would anybody go anywhere if you could play go into your time bank again. So yeah, you have to play quite quickly. That seems like, yeah, why would anybody go anywhere
Starting point is 01:20:28 if you could play it online like that? And so the games are tougher online because you can get so many more hands in, the best players are winning so much that the competition to be the best player in the game online is stiffer. Whereas live, it's more fun for many recreational players, people who are losing at poker.
Starting point is 01:20:57 Not all of them. Many prefer to play in a live game where they can see and hang out with the people. When you're playing online, do you have to worry about, when you're playing online, do you have to worry about bots or is that nothing anymore? Like that was something that people really worried about for a while. It's a concern for sure. The biggest and best sites, I think, are doing a pretty good job at enforcing against it.
Starting point is 01:21:22 You can do various things to detect when it's a bot rather than a human playing and shut it down. How do you do that? Like, what could... I mean, what do they do? Do they run programs or something like that to try to...
Starting point is 01:21:36 The site has various data to work with based on what you're giving them. They're not, like, scanning your computer to see what other programs you're running or anything like that. They're not invading your privacy in that way. But what they can do is they can keep track of your mouse movement around the screen and the speed and timing that you're clicking on things and they can detect the
Starting point is 01:22:08 difference between a human moving a mouse around the screen like a human and a computer program that just jumps from button to button and acts instantly so at this point if you're running a bot that plays for you, part of your challenge is that you have to code up software to move the mouse around the screen in a convincingly human-like fashion and evade this detection. They track your playing hours. If you're just regularly playing for 48 hours straight, that's pretty suspicious. Right. Unless they get a nice fucking webcam video you doing crank sitting in front of your computer yeah i mean occasionally it comes to that sort of thing like um a guy i know was playing 60 tables at once and they're like that you're a bot that a person can't do that and so he uploaded a video of him doing that and he's like no i fucking can this is what it looks like what does he have like a bank of screens in front of him no i think it was i think it was just all on
Starting point is 01:23:17 one screen all the tables stacked on top of each other so that whichever table you you have to act on pops to the top and you just click and it goes to the side and the next one you have to act on pops to the top. And you just click and it goes to the side. And the next one you have to act on pops to the top. 60s poker? Pow, pow, pow, pow, pow, pow, pow. Oh, my God. He was a competitive StarCraft player before he came to poker. So he was just sick at speed clicking.
Starting point is 01:23:37 Oh, yeah. And multitasking. Those StarCraft players. It's amazing. You watch that. That's insane. I don't know what they're doing. So it's even more amazing to me. Yeah, same. Dunkin'. Every now and then I watch those videos. And That's insane. I don't know what they're doing, so it's even more amazing to me.
Starting point is 01:23:45 Yeah, same. Duncan. Every now and then I watch those videos, and it's nuts. Duncan's obsessed with that shit. He was a silver whatever the fuck that is on Starcraft for a while, and then he lost his silver standing. He was very, very upset. He was very embarrassed. But I would watch him get obsessed with that stuff, and he would watch the videos, and his eyes would light up, and his pupils would dilate.
Starting point is 01:24:07 Oh, yeah. Those videos are insane. And it's a huge spectator sport in Korea, right? Yeah, it's huge. There's TV stations devoted to just that, I'm pretty sure. Yeah, I need to talk to one of those. The golf channels, the StarCraft channel. StarCraft dudes.
Starting point is 01:24:20 Apparently, it's a very, very, very difficult game, too, that is, in a lot of ways very chess like in that sense it's very strategic and but also like almost athletic in the sort of speed clicking demands well 3d games are very athletic in that sense the hand-eye coordination that are involved and like playing like games like unreal or qu or Quake or Doom or any of those crazy fast-twitch games. There are quite a few competitive gamers who transitioned to poker and are now professional poker players. But I'd imagine that people that just have this inclination towards figuring things out in a game sense, they would have that towards a lot of things absolutely yeah poker is full of people who were in some other game or sport before poker
Starting point is 01:25:11 the pool thing is huge is very a lot of pool players going to poker because I can actually make money doing it as opposed to pool it's very difficult to do so when you you you live it in Vegas for a little bit bang hanging out with strippers and poker players and strippers and poker players. And strippers. And poker players. And then, so you decide, how do you go with Malta? It's a weird story, actually, how I ended up in Malta.
Starting point is 01:25:38 Originally, it had a lot to do with... Where is Malta? It's like right next to Sicily. Oh, wow. It's like a It's like right next to Sicily. Oh, wow. It's like a couple hours on the ferry to Sicily. Hmm, okay. That's where my grandparents are from. Oh, cool.
Starting point is 01:25:54 So, yeah, Malta's real nearby. I drink a lot of Sicilian wine, need a lot of Sicilian pizza there. I bet, man. The food there is supposed to be sensational. The seafood is supposed to be amazing. All the local red king prawns in Malta are some of the most delicious things I've ever eaten. Wow. Okay. So what makes you live there?
Starting point is 01:26:13 Is it a tax thing? Is it a gambling thing? It's a residency thing. It's easy? It looked like it was going to be when I started looking into it at the time. It was basically just you need to pay some relatively small fees for the process. You need to fill in a bunch of paperwork, mainly stuff like demonstrating that you have enough money to support yourself, that you haven't been convicted of any crimes in the country you're coming from, basic stuff like that. And they will give you a permit to stay there as long as you like. So do you speak Spanish or Italian? We have to speak there. In Malta, they speak Malti and English.
Starting point is 01:26:52 Malti. And what is Malti? It is a Semitic language, so closest to Arabic. Whoa, Jesus Christ. But it's written in Roman characters. That's what you're used to. Oh, okay.
Starting point is 01:27:09 Not like Roman numerals. No, not Roman numerals. Vs instead of Us. No, the alphabet we use for English and French and Spanish and Italian. Wow, but it's a Semitic language. But it's a Semitic language, so it's just full of Xs and Qs and Gs and H's that you can't pronounce at all. I needed to go to the post office to pick up a package that had been sent to me and I don't have a car there so I need to take
Starting point is 01:27:32 a taxi. So I get the address of the post office. I write it down. It's in a town I thought was called Cormie. It's spelled Q-O-R-M-I. I get in the taxi. I say I need to go to the post office in Cormie. The guy looks at me like I've just told him I need to go to the post office on the moon. He's never heard of Cormie.
Starting point is 01:27:49 It's not a big island. There are like 500,000 people there. You can drive from one end to the other in an hour. I say it again. I show it to him on the piece of paper. He says, oh, Orme. Yes, we can go to Orme. It starts with a silent Q.
Starting point is 01:28:04 A silent Q. You would have guessed. Silent Qs? Why use it? How weird. What a strange thing. That whole part of the world is so bizarre because it's like sort of the echoes of the conqueror movements of thousands of years ago.
Starting point is 01:28:20 Oh, yeah. And you can really see it in Malta. I mean, it's been conquered by so many people over the years. Obviously, the language is Semitic because at one it's a racist scene for all the black people. I mean, that's the reason why so many Sicilians have dark skin and curly hair. Maltese people look roughly like Lebanese people or something. Wow. They're pretty dark skinned. They speak a language that sounds a lot like Arabic with an Italian accent, basically.
Starting point is 01:29:05 So did you do like a lot of research before you decided on Malta? Medium amount. Did you know anybody living there already? I knew a few people who had been there. So you just fucking moved to some strange island? Well, what happened was the Department of Justice crackdown on the poker sites happened in April 2011. Department of Justice cracked down on the poker sites happened in April 2011 and
Starting point is 01:29:25 a few weeks went by we're thinking maybe this will all just blow over and everything will be back to the way it was in a month or two it became pretty clear that was not going to be the case by late May and
Starting point is 01:29:42 the World Series of Poker is about to start in Vegas I'm going to be playing a poker tournament every day for six weeks but I'm beginning to plan ahead to what I'm going to do after that so I can get back to playing online and talking to my girlfriend
Starting point is 01:30:00 about where we're going to move and the idea of Malta comes up, and we decide she's going to go there by herself and check it out while I'm playing the World Series. And she's, like, not really that enthusiastic about this idea at the time. She's like, we're going to go to this little shitty island
Starting point is 01:30:22 in the middle of nowhere. I don't know about this. Yeah, that sounds weird. But she went over there and ended up loving it. It's like, Malta's great. Let's go there. Wow. Yeah, came back.
Starting point is 01:30:35 Where did the other poker players go? Did anybody follow you over there? Two other guys came with me over there and didn't stay uh fascinating vagabond lifestyle you guys have yeah it's nuts uh all my friends who were living in panorama towers in vegas are now scattered all over the world so no one stayed in vegas one dude stayed in vegas one dude out of how many i one dude out of my like close group of 10 friends or so, and a handful more out of the 50 or 60 who are living in the building. But isn't it legal now to gamble online on some sites if you live in Vegas?
Starting point is 01:31:14 Yes, there is online poker in Nevada, but it's Nevada only. Playing against other people in Nevada? Right. So there's a limited group of people to play with? Yeah, you can't play very high stakes. There aren't a lot of games. Playing full time from Nevada is not a very appealing proposition. The guy who decided to stay is playing mainly in casinos.
Starting point is 01:31:38 Wow. Now, is there any movement to change this as far as the online laws? Yes. What year was this all implemented? I want to say 2005 or something. The UIGEA passed in 2006, but it's not really even clear how much that had to do with anything. What happened right after the UIGEA passed in 2006 was that some poker sites voluntarily pulled out of the U.S. market and that doing transactions with poker sites
Starting point is 01:32:05 became more complicated. Because remember what I was saying about the UIGEA, it didn't change what was illegal. It's not like online poker was legal before that and then it wasn't. It's not like online poker was clearly illegal the whole time. Nobody knows it's up to prosecutors to decide that they want to prosecute a case against an online gambling site on the basis of the laws that are on the books which are pretty vague and then courts to decide if it's fair to apply those laws to the case in question so is anybody from the uS. that's a poker player tried playing online poker from the United States and been prosecuted? Players don't really get prosecuted.
Starting point is 01:32:53 So it's essentially the site owners? The sites are the ones that are exposed to legal risk. So if you just decided to stay in Vegas and keep playing online, what would be the risk? The sites wouldn't take my business. They wouldn't take your business. What if you went through a proxy? just decided to stay in vegas and start and keep playing online what would be the risk the sites wouldn't take my business they wouldn't take your business what if you went through a proxy then i might trick them and i might get to play on the site but i would be constantly at risk of being caught and confiscated if i'm caught i might lose all my money yeah so yeah you you have to do all sorts of identity masking bullshit to get away with playing on international poker sites from the u.s so what
Starting point is 01:33:32 what's being done to try to change that uh in some ways it's pretty similar to the marijuana movement in the u.s actually it's happening on a state-by-state basis. There's probably not going to be a federal bill anytime soon. There have been some attempts, but they haven't come very close to passing. But so far, Nevada, New Jersey, and Delaware have passed online poker bills. And you can play in those three places. That's it. That's it so far. California is at the forefront and is a huge one.
Starting point is 01:34:15 If California becomes an online poker state, even if you can only play against other California residents, it's a big enough state with enough money that that will be a full-fledged poker economy. Yeah, 20 million people here. I mean, this is a goddamn country. Yeah. This is Canada.
Starting point is 01:34:36 Close. Canada's 40. Is it? I think so. I think I looked that up recently. I think you did too. I think you're right. I think we looked it up, actually. Well, let's find out right now. The population of Canada. I want to did too. I think you're right. I think we looked it up actually. Well,
Starting point is 01:34:46 let's find out right now. Population of Canada. I want to say it's 37 population. That sounds about right. I think California is actually higher than 22. 34. 34.8. California or Canada? Canada. 34.8. I want to say California is close. I mean, LA is 12 or 14 already. 38. California is 38. So yeah, California is a bit bigger than Canada.
Starting point is 01:35:10 So pretty close. 38 and 35. And then those are pretty comparable to like the larger European countries? LA is 20 million. LA is 20 million? Yeah. Wow. That's what the 20 million came from. But that's just without Mexicans. They have no idea how many people really are here.
Starting point is 01:35:27 Right. It could easily be 30. Yeah. Or 40. There's a lot of people here that are undocumented. Yeah. That's a crazy thing. Yeah.
Starting point is 01:35:37 The actual numbers. I mean, I'm sure they probably have some sort of a vague idea. But unless they're going from neighborhood to neighborhood scanning, I mean, how do they know? Yeah. That's the whole idea, that they're here illegally. There's no documentation. Yeah, I guess you could, like... You could guess somehow or another. Yeah, you could track indicators of economic activity,
Starting point is 01:35:57 like how many fucking bags of rice are being pulled at the supermarket. Racist! I don't know if that would work. I mean, track how much food is sold in L.A. That has to be pretty closely correlated with how many people there are here. I guess. But how much cash business do they do? That's where things get really squirrely.
Starting point is 01:36:23 Because a lot of folks in the illegal community, they work for cash. They spend cash on their bills. But you spend cash at the grocery store. The grocery store has a record of that. They don't know who spent it, but they know how much food they're selling. But it would be racist to check because you'd have to check those weird markets, weird Spanish names. You drive by. You go down Van Owen and you see those.
Starting point is 01:36:44 I mean, you check all the markets. Yeah, I guess. And then just calculate how many people are buying that food. Look at you, you clever bastard. He treated it like a goddamn poker game. So how long have you been in Malta now? Since September 2011. So like three years.
Starting point is 01:37:03 And any plans on, what about like monaco or any other places where you can monaco's creepy i don't want to monaco is it creepy everyone there has so much fucking money and they're so snobby so says the guy who made a million six his first year of playing poker yeah those fucking rich assholes you know how, you'll see a car drive-by in the States? It'll have, like, a handwritten sign in the window, for sale, $15,000, call this number? Yes. In Monaco, you'll see that, only it'll be, like,
Starting point is 01:37:36 a fucking McLaren or something, for sale, 1.5 million euro. Really? Handwritten sign in the window. Come on. I've seen that in Monaco. A McLaren for sale? Like, with a little handmade sign?
Starting point is 01:37:49 I don't know shit about cars. I may be guessing the wrong name. I know, but yeah. Real fucking expensive sports cars. Wow, that sounds crazy. Why wouldn't they go to a broker? The taxis there are all Cadillacs. If you have that much money, why wouldn't you go to...
Starting point is 01:38:02 If you have enough money for a fucking McLaren... There's different McLarens. Yeah. There's a, there's, I've talked about this in the podcast before, people got upset at me, but there's this, I was saying that McLarens don't sound very good. And then they said, what about, this sounds awesome. That's the million dollar McLaren. Yeah. The million plus dollar McLaren has this amazing sound to it.
Starting point is 01:38:23 But the regular McLaren that's like i think 200 plus thousand so it doesn't sound bad just doesn't sound like a ferrari like ferraris have this part of the the beauty of a ferrari is the sound it makes the pat like the people underestimate that that's one of the reasons why turbocharged cars aren't appealing to a lot of real sports cars fanatics. Because they just don't have the same sound. That makes sense. Yeah, the forced induction with the air. It just doesn't give the same exhaust sound.
Starting point is 01:38:55 So much so that a lot of turbo, like some of the new turbocharged cars, what they're actually doing is they're faking the sound. So there's a thing called the sound synthesizer that they use on the BMW M5. You could turn it off, praise Allah, because it's really gross. And when you have it on, it's actually pumping sounds like engine sounds through your speakers. So it uses a sound system of the car
Starting point is 01:39:20 to make you think that you're making all this engine noise. Which car is this? The BMW M5, which is a brilliant automobile. But they just tacked that on because it was too quiet by default? Well, they used to have a V10, and the V10 was a monster engine. It was just an incredible, incredible engine. And it made so much cool noise. It was just like this fucking throaty, deep, powerful.
Starting point is 01:39:47 I'm pretty sure it was a V10. Hold on a second. BMW V10. Let me pull that off real quick. WV10. And they switched to a turbocharged engine. Yeah, yeah, it was a V10. So they switched to a turbocharged engine for the new one.
Starting point is 01:40:03 It has more power more torque it's faster but it just doesn't sound as good just doesn't you know the one that it you know it used to have this incredible wail to it that's like here i'll play it for you sound like a ferrari that's uh part of the that's the delay. Yeah. Let me find this fucker. So anyway, what I was saying about Monaco is that more than any other place I've ever been in the world, there's this feeling that you don't belong there and that nobody is happy about the fact that you turned up. Nobody's happy about the fact that you turned up. Nobody's happy about the fact that you turned up.
Starting point is 01:40:49 Like, there's one big poker tournament a year in Monaco that I have been to several times, and, like, all the hotel staff and cab drivers and everybody else like that that I've interacted with there just seems, like, surprised and put off that you're there that there is like some young American dude who doesn't speak French who is in Monaco really so it's just a millionaire billionaire playboy place yeah and they want it for the rich French-speaking people. Hmm.
Starting point is 01:41:27 But doesn't, like, George Clooney live there or some shit? Yeah, I mean, there are a bunch of people who are not French. He's probably got, like, chateaus all around the world. For sure he does. Chateau. A chateau. too. That's what a BMW with a V10 sounds like. That's a serious engine? The new one sounds like a little bitch.
Starting point is 01:41:54 But the new one's a better car. It's a catch-22. It's like, what are you going to do? If you keep going with these bigger, crazy, throaty engines, they just eat the gas and they kill the seals and the arctic shit drown the polar bears the frozen glaciers and all that good stuff what is the uh the economy like in this malta place like what's it constructed with
Starting point is 01:42:16 a lot of it at this point has to do with foreign companies many of them in the online gaming industry a lot also just in banking and finance and stuff like that is it tricky laws there or something is that why they move there yeah it's uh some of the lowest tax rates in the eu so like many small countries, it's like, you know, Antigua or St. Kitts. There are a bunch of like island nations near the U.S. that have carved out a niche for themselves as tax havens and business friendly economies. Malta has a bit of that going on as well. So do you have to, because you maintain your United States citizenship, do you have to pay taxes there and here as well? Is that how it works?
Starting point is 01:43:16 Only here. If I had become a resident like I was planning to, which I never really finished that story, if I had become a resident like I was planning to, yes, I would owe taxes there. They have a tax treaty with the U.S. so I can deduct what I pay there against what I would owe here. You don't end up getting double taxed.
Starting point is 01:43:39 But since I'm not a resident, no, I have no tax liability anywhere other than the U.S. But if you do become a resident somewhere else, you have to give up your residence here, right? No, not always. Not always? Really? I mean, in this case, not at all. This isn't becoming a citizen. This is just becoming a permanent resident.
Starting point is 01:43:57 So I don't get a Maltese passport or anything like that. I get a sticker that goes inside my U.S. passport saying that I am a registered permanent resident. Trevor Burrus Yeah, there's a thing like that with Mexico. Matthew Feeney Yeah. Trevor Burrus Like you get a resident visa or something like that. You can stay like six months at a time and then you have to go back and forth. Matthew Feeney Yeah, yeah, yeah.
Starting point is 01:44:20 There are all kinds of visas for – every country has their own set of rules and different rules that apply to citizens of different other countries. And do you enjoy this, this living in Malta and doing your online gambling there? Yeah. It's a pretty decent place to live. If I could live anywhere in the world and keep playing online poker, there's a decent chance I'd pick somewhere like San Francisco over Malta. Why San Francisco? I just really like it there.
Starting point is 01:44:51 I was getting ready to move there from Vegas just before the DOJ crackdown. Just because of the atmosphere of the town? Yeah, it's just a nice place. It's a great place. Very smart. It's one of the smartest cities, I think, in the country. It's also one of the most tech savvy. There's so many tech people there.
Starting point is 01:45:11 A lot of complaints, though. The folks who were there for a long time are complaining about the real estate prices. They're shot through the roof where regular people can't even afford to live there anymore. They can't afford to buy houses. I looked at the housing prices in San Francisco. It's's ridiculous a four million dollar house it's like this like regular house like how is that a four million dollar house it's a million dollar house maybe it's not a four million dollar house i have friends who live in uh atherton do you know where that is no it's the richest it's one of the richest neighborhoods in the country. Okay. And it's just outside of San Francisco.
Starting point is 01:45:46 And it's fucking preposterous. Like, their house is worth $15 million. And it's not worth $15 million. It's just not. Yeah. It's just they have a large backyard. But, I mean, it's not large if you live in Kansas. Right.
Starting point is 01:46:01 Or, you know, Nebraska or anywhere else. It's just large for this one fucking area where it's just ridiculous real estate. It doesn't make any sense. You look at this, you're like, how could you ever pay $15 million for this fucking house? It doesn't make any sense. Yeah, that shit's crazy to me.
Starting point is 01:46:17 But it's because all those wacky fucking billionaire Google people live out there. It's just too much money. It's supply and demand. People want to live in this one Right. It's just too much money. So, yeah, I mean, it's supply and demand. People want to live in this one spot. There's limited space, and those people have a whole lot of money. It drives me crazy, though, that you can't live here. Not that I love you so much, but it just drives me crazy that you have to, like,
Starting point is 01:46:39 leave the country to do what you do for a living because of some fucking goofy laws that were obviously put in place by criminals or people that are just shady as fuck yeah i don't love it no it's fucking awful it's awful so if it does change will it be like a something that's gonna happen you know within the next decade or is it like like... I think so, yeah. I mean... Does, like, PokerStars.net, do they try to work on that? Are they... Yeah. There is a pretty good chance that they will be in the New Jersey market in the next year or so,
Starting point is 01:47:19 because you need to get regulatory approval. And obviously the U.S. casino interests are trying to keep PokerStars out. It's not a company owned by Americans. They should just send donuts to that Chris Christie guy's house over and over again. He'll let them in. Donuts and hot dogs and maybe cheese pizza. Just keep sending food to that guy's house. He'll say yes.
Starting point is 01:47:47 He loves food. He loves food probably as much as he loves money. And money buys food. And this is like you cut out the middleman. Just send him the food. It looks like he's pretty enthusiastic about food. Yeah, he's not enthusiastic about Teslas. He won't allow them to direct sell Teslas,
Starting point is 01:48:06 which is just shady as fuck. I don't know about that. You didn't know about that? No. What's the story with that? I'll Google it so I have all the information so I don't fuck anything up. But Tesla, New Jersey, Christie. He's just gross.
Starting point is 01:48:22 Christie says Tesla criticism is complete crap he's such a fucking slob conservative criticism over his administration's decision to stop Tesla from selling cars in its showrooms in New Jersey's complete crap the fact is we looked away for a year to allow Tesla to do what they were doing and we couldn't look away any longer. Look away? What does that mean? That means they have a law in the books that they could interpret to stop them from doing that,
Starting point is 01:48:54 but they didn't for a little while and then decided they would. The company cannot sell their cars from the showrooms. They have two showrooms, but the company cannot sell their cars from the showrooms or offer their customers test drives. The Jersey law on the books since the 1970s requires cars to be sold through the traditional dealership model. Okay, he says, I don't like the law either.
Starting point is 01:49:16 I didn't vote for it. I didn't sign it. But I don't get to just ignore the laws that I don't like. Hmm. Okay, well, that actually makes sense. Yeah. He probably was spitting food out when he said it, though. the laws that I don't like. Hmm. Okay, well, that actually makes sense. Yeah, so... He probably was spitting food out when he said it, though. Probably had shit flying out of his teeth.
Starting point is 01:49:31 Somebody sued or whatever, and they couldn't ignore it? No, maybe. Yeah, probably. Something, or someone paid someone off or something like that. Right. It's just gross. I just, I don't understand. First of all, it doesn't make any sense.
Starting point is 01:49:48 Like, why would you have a law like that in place? The only reason why a law like that would be in place is because someone paid somebody off. It doesn't make any sense. I mean, I guess in theory the idea is you should need to have a license to sell cars. Otherwise, you might sell people real shitty cars that fall apart and then disappear
Starting point is 01:50:04 and not be accountable for selling people cars that don't work. I guess. The rule is actually a result of a backroom deal. Electric car makers chairman charges. Hmm. Okay. The anti-Tesla rule. A new rule that effectively bans direct-to-consumer car sales.
Starting point is 01:50:26 This is what it's saying in this one article that is in NewJersey.com. Oh, this is sounding pretty suspect. It's for specifically direct-to-consumer. So, like, there has to be a middleman broker. You have to have a manufacturer who sells to a dealer who sells to a consumer. And Tesla was selling
Starting point is 01:50:48 manufacturer to consumer. And so they had to crack down on that. Is that what's going on? Elon Musk, the way he said it, he said that if you believe that the law and the books protecting dealers are there for the good of consumer,
Starting point is 01:51:00 then Governor Christie has a bridge closure that he wants to sell you. Yeah. Which is, of course course in reference to the scandal or that slob closed down a bridge for whatever political reason that had nothing to do with safety or the health and welfare of the citizens is some political pressure governor christie has promised that this would be put to a vote of the elected state legislature which is the appropriate way to change the law musk said when it became apparent that the
Starting point is 01:51:30 auto dealer lobby oh okay when it became apparent to the auto dealer lobby that this approach would not succeed they cut a backroom deal with the governor to circumvent the legislative process and pass a regulation that is fundamentally contrary to the intent of the law. Okay, so he's a bullshit artist. Yeah. Which makes sense. Sounds about right. Yeah, that makes sense.
Starting point is 01:51:52 So New Jersey's got a bunch of issues. This is also the same guy who's morbidly obese but said that he's going to stop marijuana from being legal in his town, that it won't be legal in his state, rather, on his watch because of the children. that it won't be legal in his state, rather, on his watch because of the children. You know, how about the children looking at you as their leader, this morbidly obese person that's giving out any health-related advice whatsoever? You know, just drives me fucking bananas, that kind of shit. And, of course, they have... I don't have anything against fat people being elected to
Starting point is 01:52:26 office but i do yeah yeah morbidly obese i just don't think it's right really no okay no if they're really good at their job fuck yeah they should be yeah but he's not good at his job doesn't seem that way he's fat and he's a hypocrite it's just well i you know my issue became only with the marijuana thing which is marijuana is near and dear to my heart i think it's a fucking fantastic plant and i think it aids evolution and so i see some non-evolved morbidly obese person who doesn't care about his health and he's trying to push what he's talking about it from a health perspective and worrying about the children not only that he's citing studies that he doesn't care about his health, and he's trying to push what he's talking about from a health perspective, worrying about the children. Not only that, he's citing studies that he doesn't understand, biased studies that he doesn't understand at all.
Starting point is 01:53:12 Yeah, the government studies on that stuff are real shady. Yeah, ignoring all the positive benefit studies that have just time and time again been pushed aside because of their agenda. Well, yeah. I mean, in my opinion, you don't even need to demonstrate that there's anything positive about it for it to be clear that it should be legal. Just from a harm reduction standpoint, people are going to smoke weed
Starting point is 01:53:38 whether or not you tell them it's legal. And if you make it illegal, then they're going to have to deal with criminals to do it. And they're going to be putting themselves in danger. And there's going to be more crime, the associated crime that goes with that. Not only that, people are going to be locked up, which is more harm, which is ridiculous. Blocking people up for nonviolent drug offenses is archaic. It's stupid.
Starting point is 01:54:01 In fact, the World Health Organization just recently called for a decriminalization of all drugs. I saw that, yeah. Fascinating. Absolutely fascinating. I think it's absolutely the right thing. It is the right thing. If you can have drugs, and you can have drugs, there's goddamn plenty of drugs. There's been, I mean, gone over this a thousand times, but go to any corner liquor store, and you could
Starting point is 01:54:19 drink yourself to death. Go to any drug store, there's a liquor aisle that's filled with enough booze to kill dozens of people oh yeah we live in a preposterously hypocritical society is malta like that can you get good weed in malta what's it like no malta is pretty repressive on the drug laws really it's a catholic country ah those fucks. So what happens if you get caught with a joint in Malta?
Starting point is 01:54:48 Ah. Death. Potentially a good bit of time in jail. Really? A joint? I don't know. The fucked up thing
Starting point is 01:54:56 with Malta drug laws is that they really don't draw a lot of distinctions between one drug and the next. Mm. And there's a bit
Starting point is 01:55:04 of a growing heroin problem there. And so there's a bit of a growing heroin problem there. And so there's a bit of a push for harsher drug laws to crack down on that. And there've been a couple cases of that spilling over into weed and people getting in a lot of trouble for a relatively small amount of weed that kind of makes sense that does happen in a lot of these smaller countries or countries that are just not as sophisticated they tend to lump drugs together and oftentimes they also tend to um prosecute people bakes based on the weight of the plant and they pick up the pot with the plant like the pot like the you know that grows in the dirt the soil plant and they pick up the pot with the plant like the pot like the you know
Starting point is 01:55:45 the dirt the soil itself and they count all that as your drug you know like if you found someone who had marijuana plants in their house and you know you weighed everything it's like probably a few ounces of smokable marijuana but it's dozens of pounds of stuff associated with it. Yeah, it's like a sneaky little fucking loophole that prosecutors use. It's just gross. It's just when you make criminals out of people that are just doing what they want to do
Starting point is 01:56:18 that doesn't harm anybody else, it's a loophole, and it just shows you that you have too many laws. I mean, that's what it is. It becomes bureaucracy. It becomes red tape. And it becomes a machine that needs fuel to feed itself. It's getting to the point that everyone's a criminal and that they can just pick and choose who needs to be taken down and sent to jail.
Starting point is 01:56:40 And so the criminal justice system just becomes a vehicle for discrimination and oppression. Because if you interpret the laws to the maximum stringency, we're all felons for a million different reasons. A bunch of the shit you do on the internet is a felony. A bunch of the shit you own on the internet's a felony. A bunch of the shit you own in your house is a felony. Mm-hmm. Like? If you do both of those, you're a fucking double criminal.
Starting point is 01:57:10 Yeah. Smoking pot and gambling online? You dirty bastard. We're gonna get you off the street. Or you're just downloading videos that you don't, didn't pay for. Like?
Starting point is 01:57:18 Yeah. Well, that's a tricky one, man. That's a tricky one because I think that as time goes on and it does seem to be changing in making access to legal, purchasable versions of these movies and things, it seems to be much, much, much easier than it used to be a while back. And, you know, I'm not in favor of putting anyone in jail for downloading things,
Starting point is 01:57:39 but you're going to have to deal with what is a downloadable copy of something. I mean, what is that? For sure. There's a lot of ethical arguments both ways. I like the argument that the people that have downloaded things, when they start calling them piracy, they go, no, it's not piracy. Because if it was piracy, I would take yours and you wouldn't have it anymore. Right. It's a copy.
Starting point is 01:58:01 And that's so true. Right. It's a copy. And that's so true. And this is just one more example of how people want to use these black and white sort of definitions of things that exist for physical, you know, carbon-based hard things that you can put on a scale that you simply can't do when it comes to digital content. You just can't. You can't do it. Applying property laws to ideas gets pretty complicated.
Starting point is 01:58:32 Especially ideas where you're not stealing the idea for a profit. Right. Like when you're taking someone- Or just enjoying the idea without paying for it. Yeah, it's weird, right? And I'm not saying that's okay to do. I'm not either. My dad's a writer there there are professional artists in my family who need to make a living by selling their art and if you can get all the art you want for free
Starting point is 01:58:52 that's fucking them over it is but i think that there's room in this country for uh ethical consideration by the consumer so like to put it this way like remember when napster was around there was a bunch of people that were downloading things for free off of napster they were doing the peer-to-peer thing but a lot of people had this sort of really cool ethical consideration where they would take like if they got something and they liked it they would go buy it yeah they would say hey i owe this guy this fucking album kicks ass i'll go buy it right you know and they also would become fans of the band and then they would go see the band live which is even better for the band because then it's more profitable for the band as opposed to like the
Starting point is 01:59:35 record where they get kind of pennies on the dollar they would get a much larger chunk you know so there's there's a lot of shit going on you know i mean how is it different that you could download music for free how is that different in some ways than the radio is it just because it's a better copy because the fucking radio is playing your music all day long because you have to pay for your radio music by listening to the ads in between right right but aren't you paying for your bandwidth that you use to download it i I mean, it all gets squirrely. Yeah, it's all pretty complicated. And my point in bringing that up wasn't that I think it's wrong that there are laws regulating what you can and can't download without paying for it, but just that it creates a fucked up situation when the laws are such that if the government decides to, they've got a reason to put fucking anyone they want in jail. Well, especially now that you're there literally downloading every single voicemail that you've ever said, every single email that you send from now till fucking who knows when we'll be in some NSA database somewhere.
Starting point is 02:00:43 And they might go look through your shit. And who who knows you might have said something completely joking like this uh look this poker shit isn't working out so i'm going to start robbing babies and fucking you know whatever shooting banks up and taking all the money and then they say oh that's criminal intent and this is a terrorist threat the super fucked up thing that they do is they i'm pretty sure this is accurate um if i'm spouting conspiracy theory bullshit here someone call me out on it but i'm pretty sure they find that shit they leak the information to the fbi or the local police who then basically conduct a sham investigation to find the information legally so that they can use it in court. But they already know what they're looking for because the NSA got it illegally and just gave it to them.
Starting point is 02:01:33 Yes, that's exactly what they do. Yeah. Yeah. So, yeah, that should be illegal. Yeah, that shit's insane. That's sneaky as fuck. Well, depending upon what you're doing, and that's where it gets squirrely. That shit's insane.
Starting point is 02:01:41 That's sneaky as fuck. Well, depending upon what you're doing. And that's where it gets squirrely. If it turns out you're involved in trafficking, human trafficking, and selling children to sex slavery. Yeah, there's shit that's bad enough that it becomes a difficult question of what rights you can trample to keep people from doing that. Yeah, but there's got to be a better way. There's just got to be a better way. And also, if our society was just and if all the laws that were in place were in place in order to actually protect people, protect people from being victimized by bad people. But that's not what's going on.
Starting point is 02:02:15 No. Especially when you're dealing with most drug laws. No one's getting victimized by pot. They're just not. They tried to push it for a while, but they were. Do you remember when they used to have those commercials where these two fucking no-nonsense guys would be eating dinner, and the guy would be saying that if you buy drugs, you support terrorism.
Starting point is 02:02:35 Period. Right. And he kept eating to tell you. It was like giving you this feeling of authority. Like it's your dad that's tired of your fucking stupid nonsense. They've been talking with your friends around. It's like, no, listen, listen, period. End of discussion.
Starting point is 02:02:51 If you buy drugs, you're supporting terrorism. And he's eating the salad. So I'm like, what the fuck is this? What is this weird psychological message you guys are trying to? Do you remember that, Jamie? You know what I'm talking about? message you guys are trying to do you remember that day you know i'm talking about it's like no i'm pretty sure my buddy dave knows a guy named jeff who grew these mushrooms in his closet yeah well especially with pot i mean i was buying it directly from the guys who were growing it so like
Starting point is 02:03:16 there's no terrorism involved there man they might have terrorized some fertilizer pop the top and poured it to the ground. No! It was just so silly. I mean, there is a little truth to that. Like, if you buy cocaine somewhere up the chain, there are some fucked up people involved in getting cocaine to you. And you know why? Because. Cocaine's illegal.
Starting point is 02:03:42 It's illegal, yeah, of course. If cocaine was legal, you'd be buying it from Mertek or fucking, you know, GlaxoSmithKline or something like that. They'd be selling cocaine. They're, of course, just ethically fine. Hey, just like Jack Daniels. They have a commercial for Jack Daniels. Have you seen it? I mean, is what he...
Starting point is 02:03:59 Pull it up? Yeah, pull it up. Let's watch this fucking goofy-ass commercial. Because it's quite hilarious how they treat you like you're a fucking monkey. Let's take a look at this. Yeah, this is exactly it. This is so funny. Watch this.
Starting point is 02:04:14 It's a ploy. What? This drug money funds terror. It's a ploy. Ploy. A manipulation. Ploy. A manipulation.
Starting point is 02:04:23 Drug money funds terror. I mean, why should I believe that? Because it's a fact. A manipulation. Boy. Drug money funds terror. I mean, why should I believe that? Because it's a fact. A fact. F-A-C-T fact. So you're saying that I should believe it because it's true. That's your argument. It is true.
Starting point is 02:04:41 So the guy on the left, the first guy, is a moron, the handsome guy. And the older gentleman is like his... That's a weird ad. It's the dumbest fucking ad ever. Because there's nothing being said. It's two dickheads. Why is that convincing? Who thought that was a good idea?
Starting point is 02:04:59 Because people are scared of their dad. It's convincing for people that are scared of their dad. Not only that, who's going to fucking see that and go, I don't want that guy eating salad to be mad at me, so I'm not going to buy drugs. Like, completely ineffective. Like, absolutely 100% ineffective. Like, not one person watched that ad and didn't do drugs. Matter of fact, I did more drugs because of that ad.
Starting point is 02:05:19 I got mad and I did extra drugs because it's so fucking stupid. They treat you like you're a moron. Like somehow or another, that's all you have to say. Like, first of all, that was pre-internet. This is like 2001. Not pre-internet, but pre the effect of the internet and social media. Social media really changed the whole game, the way people communicate and the way they understand information. That was pre-social media because you can't have those kind of arguments.
Starting point is 02:05:44 You just can't. You can't say, because it's fact, F-A-C-T. Oh because you can't have those kind of arguments you just can't you can't say because it's fact f-a-c-t oh you can fucking spell fact you must be right i'm sold have that guy come over here and sit him down for a podcast for three hours i'll dissect that dude i'll send him through the fucking vita mix splice him up silly bitch it's ridiculous it's a ridiculous way to express an opinion yeah you you know first of all you can't make an argument about terrorism and drugs in a 30 second commercial it's just physically not possible yeah you don't have a really complicated issue it is as complex as as biological life itself i mean it unbelievably complex. If you want to break down the root cause of addiction, where drugs come from, what is a drug, what are the effects, why does this one term drug, why is it a blanket that we throw over things that save lives, that enhance cognitive function and productivity like caffeine, and things that kill you you and things that are bad for you and things that makes life more interesting.
Starting point is 02:06:48 There's all together under this one big blanket called drugs. So if you're saying if you buy drugs, you support terrorism, if you have a cup of coffee after your meal, I'm going to stab you because you're a fucking drug user, you crazy asshole. You're going to have a whiskey on the rocks like a gentleman, you piece of shit. It's madness. And that's all the kind of shit that was available you know that they or was out there before you know the social media
Starting point is 02:07:14 aspect of the internet made that preposterous you could you imagine the Twitter response if somebody tried to put a fucking video like that you know hashtag yes all drugs hashtag yes all drugs would be the fucking the the parody uh attack of it they're still out there they're still putting out not like that pretty not that bad what is one that you could think of um jamie see if you could look up recent anti-drug propaganda commercial because i don't think they do them anymore i really think that they're so idiotic if one child went without a school lunch that was funded by the state if one teacher got paid one extra dollar someone who made that video should get their dick kicked into a fucking
Starting point is 02:07:58 meaty pulp because it's just it's just a waste of money it It's a waste of taxpayer money. Not only that, most of that shit, when you see that, remember that talking dog? Yeah. Lindsay, I wish you wouldn't do drugs. That was the one I was about to bring up. Isn't that pretty recent? Fairly. It was on my 2009 comedy special. So I'm assuming that it was 2007 or 2008.
Starting point is 02:08:22 Yeah. And it was just mocked mercilessly. Yeah. I wish you wouldn't smoke pot. You're not the same when you smoke pot. I miss my friend. Fucking retarded. Sponsorship that's all made by a partnership
Starting point is 02:08:34 for a drug-free America. Right. The problem with that, of course, is a partnership for a drug-free America has received millions of dollars from alcohol, tobacco, and pharmaceutical companies. Yeah, of course. My joke was that that's like hookers making commercials against strippers.
Starting point is 02:08:49 That's really what it's like. Pretty much. Like alcohol companies making commercials against pot, or pharmaceutical drug commercials making commercials against pot. It's preposterous. Yeah. It's just idiotic. Is there more?
Starting point is 02:09:00 Is there something recent? There's the foundation for a drug-free world. Oh, a world filled with first of all before we talk about this if you're interested in any of this stuff like really in depth i recommend dr carl hart's work dr carl hart who has been a podcast um guest and what was the name of his book remember his book um uh here i'll pull it up real quick Dr. Carl Hart he had a great point and one of his high price yeah he's brilliant just a brilliant guy and he's the associate professor of psychology and psychiatry
Starting point is 02:09:37 at Columbia University and he is well known for his research in drug use and abuse and his statement is so clear. It's just the best statement. Not only is there never going to be a drug-free America or a drug-free world, you wouldn't want it. Yeah, of course. You wouldn't. Drugs are technology. The reason they exist is because they're effective, is because we have figured out that there's ways that we can manipulate the way our mind works the way our body works the way our body feels for good and for bad and like all things in life human beings have tools and those tools can be abused or they can be used and they can use be used to the greater good of mankind and that's a drug is just like
Starting point is 02:10:24 that it's just like a tool absolutely what is it they have a used to the greater good of mankind. And a drug is just like that. It's just like a tool. Absolutely. Do you have a commercial? There's a bunch of them. Just play one of those goofy fucking things. In the United States have tried drugs or alcohol by the time they're 13 years old. A third of teens have gone to house parties where there was alcohol, pot, cocaine, ecstasy, or prescription drugs.
Starting point is 02:10:43 Over half of kids say it would be easy for them to get caught if they wanted some. Seven out of ten teenagers have been offered an illegal drug. Teenagers whose parents talk to them about drugs are 42% less likely to use drugs. Okay, well that's a good commercial. I mean, that's like talk to your kids. That makes sense. Yeah, that really wasn't bad. Also, seven out of ten kids get offered drugs in high school.
Starting point is 02:11:10 I want to know who those other three are, those fucking losers. No, he's offering you drugs? Come on, man. What fucking parties are you going to? You're not getting something? Yeah, don't take pills. You don't know what they are, all right? Don't do heroin.
Starting point is 02:11:23 That shit's addictive. But the only way we learn all these things is by you know the ability to freely communicate and express each other express thoughts rather like portugal has instituted a countrywide decriminalization of all drugs a while ago yeah and it's going great the results have been fantastic yeah lower crime lower drug addiction you know lower cases of hiv infection it's just across the board across the board you know you you can't suppress people you know i i know this as a parent um i try very hard to not suppress my children i try to explain to them what's good or bad about doing things explain to them the dangers of things but give them like i don't i don't want to be the boss you know i just want to be the person who can tell them things that they don't know yet and do it because i love them but when you as soon as you fucking
Starting point is 02:12:14 tell people like because it's a drug because it's a fact f-h-g-t fact i just want to beat you to death you fucking dunce you you shitty propaganda machine walking around with a fucking pair of glasses eating salad. Asshole. Asshole face. Just a fucking shitty commercial. That's my least favorite commercial I think ever. Because it's a fact. F-A-C-T fact.
Starting point is 02:12:40 So you're telling me that it's a fact. I'm telling you you're both assholes. The first guy's an asshole. Who talks about anything like that? Because it's a fact. I'm telling you you're both assholes. The first guy's an asshole. Who talks about anything like that? Because it's a fact? Your dad. It's like a dad thing. That guy is like a dad.
Starting point is 02:12:52 I have a friend who has a dad like that. Yeah. I know people who have dads like that. I can't talk to him because I'd be like, you're a dunce. And that's why your son doesn't accept your thoughts. You don't even understand this. He gets away from you. He mocks you. Okay. I got to go because I doesn't accept your thoughts. You don't even understand this. He gets away from you. He mocks you.
Starting point is 02:13:06 Okay, I got to go because I can't have this conversation. I'll fucking yell at you in your own house. I wouldn't really. But that thing, that fucking Mr. No-Nonsense guy, that Mr. No-Nonsense guy intimidates people. Because it's fact. F-A-C-T, fact. Anybody who fucking spells fact out Do you, anybody who fucking spells fact out like that,
Starting point is 02:13:27 you should be able to just spit on them. Just, it should be an automatic spit. What the fuck? Seems like the
Starting point is 02:13:34 appropriate response. Spit, S-P-I-T, spit. It's not assault, but it's gross. It's clearly too late for an intellectual discussion. Yeah, you're going to hit him.
Starting point is 02:13:42 Hit him with rocks. Pee on his leg or something. I'm taking this fucking way out of the boundaries of normal thinking. Assholes. But, you know, those kind of commercials are really insidious. They're insidious and the roots of them is what's the most disturbing. When you find out this partnership for a drug-free America is just, it's essentially just a business boy yeah it's the alcohol lobby protecting their market yeah i mean it's so weird it's just it's so weird especially like you know what it would be like
Starting point is 02:14:16 well that's not even good enough i would i was saying that it'd be like a really shitty movie that's attacking like a really awesome movie you know for for being you know because they don't want you to go because that's what it's like kind of in a way it's just that no nonsense guys it's just that that is something that like for whatever reason like even the ineffective way that the first guy communicated the way he so you're trying to tell me that's what you're trying to tell me like he's not telling you anything are you guys both dumb like you guys are idiots this conversation sucks and this is the reason why people shouldn't be allowed to vote you two dummies you two dummies having this fucking salad argument it's weird and malta worse huh in terms of drug laws
Starting point is 02:15:01 yeah it's pretty bad you you can end up in jail for a very long time for not very much. You do some fucking Midnight Express type shit, right? You ever see that movie? I don't. Midnight Express? I've seen no movies ever. It's embarrassing. Really?
Starting point is 02:15:16 Yeah. Just playing poker like a madman? How many hours a day you play poker? Not that much. 20? I'd say like, I probably average 30 to 50 hours a week.
Starting point is 02:15:29 Oh, okay. Um, 50 hours a week still like a real work job. Yeah, yeah, yeah.
Starting point is 02:15:33 So it's a real job. Uh, it varies a lot throughout the year. It's a lot of sitting. Yes, it is a lot of sitting. It's not good for you.
Starting point is 02:15:40 Yeah, terrible for you. Sitting is the new smoking. Have you not heard? I have heard that phrase and I, I kind of buy of buy it i mean my back is way too fucked up for a 28 year old is it really fucked up do you stretch out or do yoga or anything like that i stretch a bit but nothing organized not as good as it should be yeah you can get some bulging discs that way dude degeneration of discs i don't think it's gone that far yet but but... Yeah, I was wearing, I was using this thing for a while, which is
Starting point is 02:16:06 pretty cool, this knee thing. But I decided that I like sitting up straight in this better than I like sitting on that thing. It doesn't have... You know what these things are? You ever see these? Here, I'll put it on. It's a... It's a...
Starting point is 02:16:21 It's like a kneeling chair. Yeah, I do know those. I, I thought about buying one of those to sit on while playing poker and didn't do it. Well, there's good and bad to it. It's,
Starting point is 02:16:33 uh, it's not the most comfortable thing, but, uh, it definitely forces you to sit up straight. A buddy of mine has started playing from a treadmill desk. Really? So he's on his treadmill while he's,
Starting point is 02:16:43 uh, it's this like specially designed treadmill desk. He's walking real slowly. It's not strenuous because the studies show if you go more than two miles an hour, it starts impacting your cognitive function. He's just walking real slowly, but he's standing up and moving around
Starting point is 02:16:58 all day. That's clever. That's probably way better for you. He's liking it a lot. I may do that eventually. Treadmill desk. I love it. What if it gets to some virtual reality type shit, some Oculus Rift poker playing? That would be kind of dope. You aware of Oculus Rift?
Starting point is 02:17:12 I am not. You're not? Oh, but I have to tell you. Oculus Rift is the newest, latest, greatest 3D virtual reality helmet that they've created. Okay. My friend Duncan, who's a big proponent of it he loves this shit because he got a copy of one of the earlier ones he let me try it on it was amazing but it was really pixelated it was like quake one like old school video gamey like there's no way you
Starting point is 02:17:37 could misinterpret what it is like you you know it's you remember that really old nintendo one came out like Virtual Boy. Virtual Boy. That's what I thought it was. That thing was insane. Red? A friend of mine got it, and he got a headache within 30 minutes. Some people get headaches.
Starting point is 02:17:54 Brian got a headache from Oculus Rift, but it doesn't give me a headache. I think maybe it's the same kind of people that get a boat sickness, like motion sickness on boats, seasick. That would make sense. Yeah, it's an inner ear thing, apparently. But I think maybe that's a genetic thing. Like you either get it or you don't get it. Because my kids don't get it, but my wife gets it.
Starting point is 02:18:13 It's weird. Because I think my kids get their robustness from the fucking old man. But anyway, this Oculus Rift, apparently it's gotten exponentially better. And Duncan called me the other day. I was at the improv, and he called me up, and he was fucking frothy. He's like, dude, what I just saw is going to change everything. The world is going to change. This is bigger than the internet.
Starting point is 02:18:38 He goes, this is bigger than the invention of the wheel. This is bigger than the internet. He goes, it's fucking crazy. He was fucking frothing at the mouth. I wish I could see his fucking beady eyes bulging out of the wheel. This is bigger than a... He goes, it's fucking crazy. He was fucking frothing at the mouth. I wish I could see his fucking beady eyes like bulging out of his head. He was so happy and excited. He went to this 3D virtual reality
Starting point is 02:18:54 developers conference thingy, and he said the newest version of the Oculus Rift, which hasn't reached consumers, I don't think any of them have, right? Just in a low-level sense, like developers. But the newest, latest, greatest greatest one you go into a room and there's a guy playing piano and the way they filmed it apparently they put cameras all over a person's body and so everywhere you look it's like you you you see it as if the camera like like you're looking. Right. There's no breakup of the motion. It's completely smooth.
Starting point is 02:19:27 And it's completely HD, three-dimensional like a movie. Like you're watching perfect three-dimensional 4K video. Jesus. Yeah. And you go into this room and there's a guy playing piano and he talks to you. And you get to sit down. You can move near him. You can move around him
Starting point is 02:19:45 you can go like it's all been filmed like you can change where you're going and the video follows you and he said it's fucking nuts like the sound he said is like 3d stereo sound the guy playing the he goes you feel like you're in a fucking room with this guy he said it just changed it changes everything he was he was going crazy yeah he was going nuts he was going nuts about it and based on his original one that i uh fucked with which was like i said very pixelated very old school like 1990 video gamey type it was uh still pretty fucking cool yeah and then they have ones now where virtual boy, Virtual Boy was fun. Was it? Well, pull up Virtual Boy. I've never seen that before. I'm never...
Starting point is 02:20:27 I'm actually enjoying this chair. It's like this sort of helmet thing on top of a tripod that you lean into, and it's just like red lines on a black background, if I remember right, and there are various video games you can play, like flight simulators. Here it is right here. Virtual Boy. this is what the games looked like basically there's very little detail oh god it's all red like that yeah it was gross slightly 3d well pull up um uh lewis from unbox therapy our pal lewis he Lewis, Lou has a video on that one that they made with an iPhone. It's a cardboard box.
Starting point is 02:21:11 He had it here. Oh, yeah, I've heard about this. You open it up and then put the pieces all in place and then set your iPhone there and then you put it on your head. It's like so low rent. And apparently they made it that low rent on perfect on purpose rather to mock The oculus rift because the oculus rift is this gigantic right huge, you know silicon and this is uh, he's Headset or crazy cardboard cutout that uses your phone to create a headset. Does that make any sense?
Starting point is 02:21:45 cardboard cutout that uses your phone to create a headset. Does that make any sense? Anyways, I recently made a reaction video in which I gave this contraption to a number of individuals who you might recognize, and I got some amazing reactions. So if you haven't seen that video yet, you should definitely go and check it out. But this one is dedicated to telling you and showing you how this seemingly boring piece of cardboard can turn your phone into a state-of-the-art virtual reality headset so it all starts with this cutout this cardboard cutout that you construct into what you see here now you can actually make this on your own using plans via the cardboard website so you don't need to purchase one of these. Just get your hands on some cardboard,
Starting point is 02:22:28 use the plans, and you can make it yourself. Or you can buy a pre-configured cutout via Amazon if you want something that's a little bit more streamlined and closer to a finished product. It's about $10, and I'll link that down in the description. This is an interesting app. Let's cut it off here so Lou gets the hits. But it's Unbox Therapy on YouTube and he's got that.
Starting point is 02:22:48 You can see that as well as the recent video of us shooting the iPhone 6 glass with a bow and arrow. But he got a copy or hold of the newest glass screen for the iPhone 6. It's this sapphire glass, and you can bend it.
Starting point is 02:23:07 You can scratch it with keys. It's really super, super durable. That sounds like a thing I would have some use for. Yeah. This is what my iPhone looks like. Ah, there. It's taking a beating, huh? Yep.
Starting point is 02:23:20 Most of them have. But what you can't do with that, we found, is shoot an arrow through it. Did not deflect. Yeah, it of them have. But what you can't do with that, we found, is shoot an arrow through it. Did not deflect. Yeah, it did not deflect. It went right through it. It destroyed it. Yeah, arrows and phones don't mix. But, you know, how often are you going to get shot by a fucking arrow when you've got a phone on you?
Starting point is 02:23:37 Probably not often. And probably if your phone is ruined, that's not your biggest concern. Yeah, if you're getting shot by arrows, your phone is the least of your concern yeah it's yeah you should better be worried about your fucking personal health some shit's going down son being attacked by mongols or something usually the arrows don't come one at a time yeah i don't know how we got on this virtual reality headset thing but yeah i don't remember where that started either. Oh, I remember because I was thinking Oculus Rift. Oh, we were talking about poker ergonomics. Yeah, well, being able to do it sort of like in the Oculus world, I think eventually you're going to be able to grab...
Starting point is 02:24:13 So you're sitting at a virtual table and looking at virtual cards. Yeah, physical objects. Or virtual screens in front of you, Minority Report style, and you're moving them around through this Oculus Rift headset, and you're standing up while you're on this treadmill and you're walking there that's not too far away i bet it's not you know um the um i really love this idea this guy's doing of walking really slowly you know a lot of people claim of writers especially um claim that they get some of their best ideas while walking yeah like they walk specifically and they hold on to a tape recorder while they're walking.
Starting point is 02:24:47 And then they just talk like a walker dog or something like that. Talking to a tape recorder. Yeah, I could see that. Yeah. There's something about moving. Like the movement. Like just getting nothing heavy, but a little bit of blood flow. Yep.
Starting point is 02:25:01 But your back's fucked up from sitting, huh? I mean, it's not terrible, but. Want to try this? Sure. Want to try one of these jammies here get this to you take a few seconds ladies and gentlemen this is a kneeling chair i just started doing it recently i did it now but i love it I'm going to try to do podcasts like this. Standing up. Stand up. Do you think there's any benefit in that? How many podcasts do you think you could do if you had to stand up?
Starting point is 02:25:39 Would that be good? So what do you think about that? This isn't bad. It's not bad, right? The standing up thing, I've actually been messing around with that a little bit recently. I started playing poker using an Xbox controller instead of a mouse. Really? And then I don't need to be flat on a desk, so I can stand up while I play.
Starting point is 02:25:59 Wow, that's pretty cool. Yeah, I'm liking that. So you can kind of lie on your back. What about that? What about lying on your back, staring up at the ceiling? Put a screen on the ceiling? I don't like it. I feel like I'm less...
Starting point is 02:26:09 I've played poker just on my laptop lying in bed before. I feel like I'm less mentally engaged when I'm lying down. I think sitting upright or standing are a lot better. Yeah. I wonder standing writing. Because I think one of the things about... Standing desks are getting pretty popular. They are.
Starting point is 02:26:26 But I wonder if they're getting popular for writers. Because there's something about writing, you don't want to be thinking about what you're doing. Like, you don't want to be thinking about standing. You just want to be like... You want to get in that flow state. Yeah. Yeah. I wonder...
Starting point is 02:26:38 Hmm. It seems like it would work, though. Yeah, I don't see why not. Dictating would work well, I could seeating standing yeah yeah because you walk around on a cell phone or on a phone when you talk and just meander yeah whenever i'm on the phone i'm definitely moving around wandering dictating software is fucking incredible now just the dictating software that you have on your phone the voice recognition software on your phone really good it's amazing it's like the the ability to pick it up like uh you could you know you could get on these um these note things on your on your phone and just talk into it and it just picks it up incredibly well like
Starting point is 02:27:19 look i'll give you a uh like hello you dirty bitches i'm tired of writing so I just figured I'd talk into my phone P.S. Fuck you period Bam Pretty good Nailed it Absolutely P.S. Fuck you period
Starting point is 02:27:36 The whole thing We live in the future Did it put a period or did it put the word period No period If you say period it put a period or did it put the word period? No, period. If you say period, it puts a period. If you say exclamation point, it puts an exclamation point. But what if you want to use the word period?
Starting point is 02:27:53 That's a very good question. It's limited in that regard. Maybe if you say the word period. What if you say the Jurassic period? Does it write the Jurassic dot? That's a good question. Here we go. Does it have context? The Jurassic period.
Starting point is 02:28:08 The Jurassic. Okay, hold on. How about this? Period, the word. Period, the word. Hmm. The Jurassic P-E-R-I-O-D. No.
Starting point is 02:28:32 Can it tell us at the end of the sentence if you say, the Jurassic period was a very exciting time? Ah, that's a good question. The Jurassic period was a time where a lot of dinosaurs got dinosaur pussy. Period. It's fucking confusing. It's confused. Let me try that again.
Starting point is 02:28:56 Here we go. The Jurassic period was a time where a lot of dinosaurs got a lot of dinosaur pussy. Period. Yep. Did it that time. Got it? Yeah. where a lot of dinosaurs got a lot of dinosaur pussy, period. Yep, did it that time. Got it? Yeah, so it can tell you're at the end of a sentence. Yeah. That's pretty sweet.
Starting point is 02:29:13 That is. I guess if you keep going. Yeah. It keeps going. It thinks of it as period. But if you want to say, no, that happened during the Jurassic period. Hmm. I wonder if you can get the intonation just right that it can tell anyway, or if it's the last word
Starting point is 02:29:28 it always goes to the dot. No, that happened during the Jurassic period. Period. I'm gonna trick this bitch. Ooh, that worked. Nice. Period, period, works. That's how you do it. So if you want to say period in the middle, you just keep going. If you want to say period, period,
Starting point is 02:29:44 then you get the word period and a period. All right, we've got it figured out now. Dude, we got it, man. We fucking got it. We live in the future, ladies and gentlemen. But sooner or later, you're going to be able to do that with your Oculus Rift. It'll just show it to you on a scroll, like one of those king scrolls. It'll appear out of thin air.
Starting point is 02:30:05 How long do you think you're going to do this poker thing? This is it for your life? You're 28? Ride this bitch right into the rocks? I mean, at some point, I'm not going to be able to compete at the highest level the way I do now. That just has to be true, right? What age do you think that is? 40? 50?
Starting point is 02:30:24 But why would that be? What would it be? Do you think that... People's brains slow down. Do they, though? Do they slow down because of atrophy, because of lack of use? Do they slow down because you're dying? Like, at what age does that happen?
Starting point is 02:30:34 There's never been a 70-year-old chess world champion. Ah. How old have they gotten? I think 50s. 50s. Um, I think poker's probably similar, though you can make a living in poker without being one of the best in the world. Make a living? Yeah.
Starting point is 02:30:52 Yeah, but it's like... It gets to be a lot less fun at that point. Yeah, right? You're just kind of a journeyman. Yeah. One of those guys that they bring in as an opponent for a boxer and he gets beat up every time. Yeah, basically. But he's still a test
Starting point is 02:31:05 still a good opponent so by then you'll be living in malta you'll be in jail for pot you'll you won't uh won't be able to come back to america or what's uh do you have like a strategy like of how many years you want to do this or are you just like enjoying it right now enjoying it now and it's just so hard to predict what the landscape of poker will look like what making a living in poker will look like 10 years from now yeah i would imagine especially with the regulations and laws if everybody just opened everything up i think it would be quite fascinating yeah i'm hoping you know I there was a there's an article that I posted recently about what the death the death of politics it was technology and the death of politics and the idea was that data was going to deny politics a
Starting point is 02:31:56 lot of what politics is is sort of like manipulating data and that the internet and this free access to information is going to sort of cut out most of the forms of politics. That makes a lot of sense. Totally makes sense. I would hope that that would also have a similar effect on things like your business. Because it frustrates me to no end that you have to live in some fucking weird island in the middle of nowhere to avoid being locked in a cage. They're not going to lock me in a cage. They're just going to lock the guy who lets me play poker on his site from the U.S.
Starting point is 02:32:26 And they're going to steal your money. They might steal your money, yeah. Steal your fucking money, son. The DOJ likes stealing people's money. They do. They love it. It's their best thing they do. They do that better than anything.
Starting point is 02:32:36 The DEA does it, too. That's what the DEA was doing in California. It was hilarious. They would bust these pot shops, not charge them with anything, take all their money, and then say the case is pending. And so they would just steal, you know, a million dollars here, a hundred thousand there. Happened to a friend of mine who's
Starting point is 02:32:54 another professional poker player, professional gambler. He took a trip to, I want to say Puerto Rico, pretty sure it was Puerto Rico, to play blackjack in a casino there. He's an advantaged blackjack player. The game there was such that he could get an edge counting cards, so he made a trip there to make some money, and he flew back into, I want to say
Starting point is 02:33:20 it was the Atlanta airport, and he had $ eighty thousand dollars in cash on him and he had all the receipts from i sent this bank transfer to the casino because i was gonna go gamble there i gambled there they paid me out this money i've got the cash i've got all the receipts clear trail of what he did he got there they said you got a lot of cash. Looked kind of like a drug dealer to me. Mine. Wow. Wasn't charged with anything. They just took his money.
Starting point is 02:33:51 And what happened? He had to take them to court to get it back, and he did win. But it took years and a lot of money. And if you don't have a lot of money to pursue the case, and you don't have the wherewithal to navigate the legal system the way he did and something like that happens to you you're just fucked well not only that eighty thousand dollars it seems like they could be eaten up pretty quickly in legal fees i think he ended up suing for the fees as well so he got paid the money back he got paid his costs well that's nice but still the interest and all that jazz.
Starting point is 02:34:27 And you don't always win. Sometimes you're out the 80 they took from you and 60 more you spent chasing it. I wonder if that could have been prevented if he had legal representation as he landed or had it cleared in advance, you know what I'm saying? Instead of trying to go in and deal. You can't just travel around with a lawyer everywhere you go
Starting point is 02:34:43 and you're a professional gambler. No, I didn't mean that. I meant like contact a lawyer and arrange to have everything taken care of as you get there. Is there a way around that? I mean... Like if you contacted a lawyer and said... Traveling with cash and declaring it at the border
Starting point is 02:34:59 is a thing professional gamblers deal with all the time. Have you dealt with that before? Yeah. And it's no issue? It's almost always no problem. It's legal to carry money. If you're carrying more than $10,000 across a border, you have to fill out a form saying you're doing so.
Starting point is 02:35:14 But you fill out the form. They say, where'd you get all this money? What are you doing with it? And I say, I'm a professional poker player. I won it in Vegas, and I'm going to deposit it in my bank account when i get to somewhere else or whatever and it's fine what's the most cash you've ever traveled with traveled with like had with me on a plane i want to say around 70 000 euro what's that in dollars? About $100,000. Damn, son. Walking around with $100,000.
Starting point is 02:35:46 In a briefcase? With a fucking big chain attached to your wrist? In a bag. A bag? Like a gym bag? That's what you want, right? Like a Nike bag. Yeah, you don't want to look conspicuous if you're moving around with a bunch of money. You don't want handcuffs.
Starting point is 02:36:01 Handcuffs attached to the fucking... They'll just chop your hand off. That's what they do. That's what I heard. Yeah, it seems like... You don't want handcuffs attached to the fucking, they'll just chop your hand off. That's what they do. That's what I heard. Yeah, it seems like, yeah, the arbitrary limit of $10,000 always drove me crazy too. You're carrying more than $10,000 in cash. Like, well, what's $10,000 to Bill Gates and what's $10,000 to the regular person?
Starting point is 02:36:20 Right. But it's only a reporting requirement. It's not like you're not allowed to do it if you have more than that. Yeah, so if Bill Gates shows up somewhere and he's like, why do you have a billion dollars in cash? It's like, because I'm Bill Gates, bitch. I just like to roll around with a billion in my pocket. Could you even carry a billion dollars on you? Is there a thousand dollar bill?
Starting point is 02:36:39 What's the largest? A hundred dollar bill is the largest? A hundred is the biggest U.S. bill. It used to be larger, though, right? There used to be thousands or maybe even 10,000s, but they were not in general circulation. They were printed for banks to hold onto and pass between themselves. Oh, I see. The 500 euro note is, I think, the largest denomination that's like actually in wide circulation i've read that international crime is mostly done in euros now because it's a lot easier to move around cash in 500 euro notes if it's giant amounts of it that makes sense
Starting point is 02:37:20 because a 500 euro note is like 700 us dollars and takes up the same amount of space as a US hundred. What is that right there? That's $100,000? Is that real? Yeah, it was. It was a gold certificate. Only printed once in 1934. Oh, okay.
Starting point is 02:37:36 God damn. Who's that creepy dude on the cover? I think it's Woodrow Wilson. Creepy looking fuck. He's responsible for some shit, guaranteed. Look into his background. What is the most money that you ever won in a poker tournament? In a poker tournament? Or playing poker. Any event? Yeah, the biggest cash I've ever had in a poker tournament
Starting point is 02:37:56 was about $3 million. I finished second in a tournament in Australia this year that was a $250,000 buy-in. So you had to spend $250,000 to get it? Well, like I was mentioning earlier, I took on investors to play in that tournament. I didn't put up all the money myself. And it was a re-entry tournament, so I busted once on the first day and then bought in again. So I spent $500,000 on the tournament.
Starting point is 02:38:24 Oh my god. But you came in second. I came in second500,000 on the tournament. Oh my god. But you came in second. I came in second and ended up making some money. How much does that pay, to come in second? About $3 million. I don't actually remember the number off the top of my head. I could Google it real quick. I think it was two point something.
Starting point is 02:38:36 What kind of pressure is there on you once you spend $250,000, then you get shanked, and you come back in again? It was a rough week. It was a series of tournaments there. The first one was, or the first big one that I played was the 100K that was also re-entry that I was in six times and didn't cash. So you spent 600 grand and you didn't cash? In a day.
Starting point is 02:39:02 Oh, my God. And then four days later is the 250k oh my god i show up for that and bust right away you have you have major league ball son giant huge iron fucking balls wow six times in a day it was a rough day oh my god what how do you sleep that night what is that night like um because you obviously can't do that too many times in a row nobody can right It was a rough day. first day i was getting blood bathed and down a ton of money and still had to come back the next day and play for real wow and came back and got knocked out for the sixth time on the first hand of the second day jesus christ son so then after that it was a lot of australian charaz and a long long sleep and then a couple days off, and then the $250K.
Starting point is 02:40:06 Wow. That's crazy. That's digging into the account there, huh? Fuck. That'll do some damage. So when you look at losses like that and wins, does that make you play more conservatively in upcoming events, or do you just have to play intelligently, period, and just take the losses when they come? The place where you get more conservative is your bankroll management rather than your play the play from one hand to the next
Starting point is 02:40:31 is really about you have to put the magnitude of the numbers out of your head and try to make the best play each time it's on you to make a decision. So are you in the moment? Are you zen? Are you still thinking about that $600,000 that you... I'm pretty good at just getting myself into the moment. The place where you get more conservative is you lose for a while. You have less money than you did before that period started. You reevaluate.
Starting point is 02:41:03 I have only 75 of the money i did a few months ago should i maybe sell 75 of my action in this upcoming tournament instead of 50 right i say i say uh that that that's the way in which you can get more conservative if you're going through a losing stretch is play for lower stakes. What's the biggest losing stretch you've ever gone through? In dollar amount? In period? Dollar amounts. Let's see.
Starting point is 02:41:36 Have you ever gone through a couple million dollars in a weekend? In games where I had sold action and didn't have all of myself, yeah, I've lost... I guess my biggest losing couple of days was on the order of... 50 million Hong Kong dollars. Hong Kong dollars, which are bigger. Or less, rather. So only like 6 million US. Oh my god, son.
Starting point is 02:42:03 Only 6 million US dollars. And personally, son. Only 6 million US dollars. And personally, I had a small share of that, so I didn't personally lose 6 million dollars. What does that mean? What's a small share? A million? 2 million? What's a small share? Like 10%-ish.
Starting point is 02:42:17 Okay, 600 grand. Still, that's a lot of fucking money. Yeah, it doesn't feel good. Wow. And then, of course, a bunch of my friends lost a shit of fucking money yeah it's doesn't feel good wow and then of course a bunch of my friends lost a shitload of money too and i have to send out the email hey guys didn't go real well fuck that's the worst part of it for sure is the hey guys didn't go real well i'm sure because everybody's like planning on making a like a profit based on your success in the past. So it's rare that you hit these dark spots. What do you attribute them to? Is it just luck?
Starting point is 02:42:52 I mean, it's not that rare. Any given day that I play poker, I might be... If I'm playing cash games, maybe a 52% favorite to have a winning day. Maybe less than that. If I'm playing a tournament, I like a 52% favorite to have a winning day. Maybe less than that. If I'm playing a tournament, I'm a favorite to have a losing day. Because tournament, they pay about top 10% of the field. So if they're paying top 10% of the field, a really good player, cashes 15, 18% of the time.
Starting point is 02:43:23 That seems incredibly stressful. it's pretty stressful is it how do you feel like like about this like as a as a human being trying to make a living in this incredibly it feels like you're navigating a minefield like um yeah it you've been obviously you've been very successful with this yeah you've turned a very nice profit. You do very well. Yeah. But the amount of stress that on your 28-year-old body, not just your back, but your mind racing and battling these numbers. You're talking millions of dollars back and forth and down and up. Do you do something to mitigate that?
Starting point is 02:44:02 I like to meditate every day. What kind of meditation? Just breath focused. Basically just sit quietly for anywhere from 10 to 30 minutes and attend to my breathing. Just concentrating on breathing in and breathing out. Just trying to stay calm. Sometimes I'll do an exercise on top of that where I'll track the thoughts that enter my mind and label them as thoughts about the future or thoughts about the past. And what that exercise does is helps to bring you into the present moment and to see that it's difficult to have thoughts about the present moment. You just have sensations and feelings and experiences of the present moment, and the thoughts that you build on top of that
Starting point is 02:44:55 are almost all about the future or about the past. And observing that process is really good for bringing you into the present moment. And that's great for poker because all the shit that stresses you out when you're playing and dealing with these big swings is thinking about the past and thinking about the future, thinking I'm down this much in the last couple of days. That's real fucking bad. What am I going to do?
Starting point is 02:45:22 Or I'm going to win all this money, and then I'm going to buy a fucking yacht and sail off into the sunset. And both of those are things you can think that take you out of the moment of, all right, he just bet. What do I think he has? What's the right play?
Starting point is 02:45:41 So in that sense, poker is a lot like life. The key to life is to be present. sense, poker is a lot like life. Like that's, the key to life is to be present. It's great training for living your life mindfully and rationally and effectively. Have you ever done
Starting point is 02:45:56 any treatments or sessions in the isolation tank? I haven't. I really want to. Why don't you get one? You're making banks, son. Yeah, but I'm traveling
Starting point is 02:46:04 around all the time. Sipping them bitches out to Malta. I don't know how to get something shipped to Malta. I can't fucking figure out how to. Why don't you get one? You're making banks, son. Yeah, but I'm traveling around all the time. Ship one of them bitches out to Malta. I don't know how to get something shipped to Malta. I can't fucking figure out how to get them to send me a desk chair in Malta. I guarantee you somewhere in Europe they have sensory deprivation tanks. They have a couple in Malta. I looked it up. They do have one?
Starting point is 02:46:17 I didn't get around to going to one. But it's an hour across the whole island. Is that what you said? Yeah, no, it's right fucking there. I'm just kind of lazy. Jesus Christ. If you do it once, you're going to realize what an amazing tool it is you're going to want to do it all the time i came really close to doing it once with jc in la several years ago we got in the cab and we
Starting point is 02:46:32 went to the place and we got there and it was closed well there's a place that's in venice while you're here the float lab i'm pretty sure that's where i tried to go yeah i mean jc took me there so it's amazing so they're the best place, too. The best place in California, for sure. I should check that out, for sure. Yeah, well, I'll try to see if I can hook it up once you get out of here. Cool. But we're out of time, man. We're going to turn into a pumpkin.
Starting point is 02:46:52 Oh, all right. So we're three hours in. That was three hours. Isn't that incredible? That flew by. Yeah, follow Ike on Twitter. It's IkePoker, I-K-E, poker on Twitter. Anything else?
Starting point is 02:47:03 Pokerstars.net, your sponsor. Real quick, I want to plug my dad's book. My father, Brooks Haxton, is a writer and just published a book called Fading Hearts on the River. That's sort of a family memoir that tracks my poker career and all the other interesting shit that's gone on in the Haxton clan over the last several generations. inspirations it's a great read like uh cool family stories and also interesting meditations on game playing and the meaning of games and how they function in our lives excellent and what's it called again one more time fading hearts on the river i'm pretty sure you can get it on audible i think there's an audiobook version as well glorious uh and that brings us to our sponsors audible audible.com thank you to audible go toudible.com. Thank you to Audible.
Starting point is 02:47:46 Go to audible.com forward slash Joe. Get a free audio book and up to 30 free days of Audible service. And if you want to get Ike's dad's book, it is... Fading Hearts on the River by Brooks Haxton. Write it down, bitches. I know your memory sucks. Thanks also to Ting. Go to rogan.ting.com and save $25 off of any of their brand new Android devices or the Apple iPhones as well. Thanks also to onnit.com.
Starting point is 02:48:11 Go to O-N-N-I-T. Use the code word ROGAN and save 10% off any and all supplements. That's it for this week, you dirty fucks. We'll be back next week. Until then, much love. We'll see you Friday night at the San uh san jose performing center for the performance go to my website joe rogan.net all the details are there i don't remember shit much love see ya big kiss

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.