The Runchuks Podcast is dedicated to exploring the path of success for people who have reached the top both within and surrounding the poker industry. Each episode provides a fascinating insight into the mind of someone who has excelled in poker, business or life. Runchuks brings specialized knowledge to his role as the host. He has been a professional poker player for the past 13 years and can be found in high-stakes PLO cash games around the world and on major online poker sites.
Episodes
Friday Aug 07, 2020
Friday Aug 07, 2020
State of poker, online poker tournament structures and guarantees, private games, regulations, ethics, and Mason's new book "The History of the World from a Gambler's Perspective" are some of the many topics we discuss in this conversation.
Mason is the founder of TwoPlusTwo publishing company and an author of several books. His latest book looks at the history of the world from a gambler's perspective. It's a great read, a novel take on some of the events that defined the course of history.
Get the book here: https://amzn.to/2DLS1nC
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Timestamps:
00:00:00 Intro
00:01:40 The History of The World From a Gambler's Perspective
00:04:34 Defining gambling
00:07:16 Self-weighting and non-self-weighting strategies
00:10:17 Expert gambles
00:11:44 The battle is lost, if you pursue the normal strategy
00:15:54 Francisco Pizarro story
00:18:34 General Robert E. Lee semi-bluff
00:23:44 Gambling in the real world
00:29:33 Probability of getting aces twice in a row
00:32:41 Cat joins the podcast
00:33:28 Selection bias
00:35:31 He is a great craps player
00:36:34 How do we define who are the best poker players
00:42:06 GTO player vs Exploitative player
00:46:05 Multi-tabling
00:53:13 A good poker game
00:58:38 Rake and bonuses
00:59:52 Antes to balance out luck and skill
01:03:35 Online poker room regulations
01:04:41 Competition in the online poker market
01:06:29 Rake is a big threat to poker
01:08:48 Problem with rebuy tournaments
01:12:28 Tournament prize guarantees
01:14:42 Big private games and selling action
01:17:09 How is selling action and rebuys perceived by a new player?
01:20:48 More problems with rebuys and guarantees
01:24:25 What's best for poker in the long run… Or for me
01:26:39 Must move game
01:39:00 Private games held in casinos
01:42:00 TwoPlusTwo - the beginnings
01:53:32 TwoPlusTwo contributing to the poker boom
01:55:15 TwoPlusTwo podcast
01:56:18 TwoPlusTwo competition
02:00:14 Creating a better environment
02:08:06 Communication between management and players
02:10:03 Competition is good
02:13:07 Poker police and cheating scandals
02:15:32 Richard Turner
02:16:30 The new book will bring new people into poker
02:18:22 Leon Trotsky
02:21:51 History from all over the world from many periods
02:23:16 The role of Luck
02:29:07 Jack Johnson World Heavyweight Boxing Champion
02:32:58 Wyatt Earp gambling story
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