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The Podcast of the Lotus Eaters

PREVIEW: Brokenomics | Poker

The Podcast of the Lotus Eaters

lotuseaters.com

Politics, News, Daily News

4.8977 Ratings

🗓️ 24 September 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Mark Houghton visits the offices so Dan plays poker with him. Whilst doing so they chat through the history of the game, the maths and practice of winning in poker. After the show Dan and Mark played heads up twice - Dan won. It was probably luck.

Transcript

Click on a timestamp to play from that location

0:00.0

Well, hello and welcome to Brokonomics. So here I am playing poker.

0:05.2

My good friend Mark! Good afternoon! So Mark happened to be in the studio and we were bonding

0:12.7

as men do about their hobbies and poker came up. Game we both quite enjoy. I used to play

0:20.7

a lot of the live poker.

0:22.6

Although speaking to Mark, I came to realise how much of a fish I was when it came to the online game.

0:32.6

So Mark, you used to run a poker business, didn't you?

0:35.6

I did. So I was the managing director for a poker training site that I won't name, as I don't

0:43.8

particularly want to be associated with it anymore.

0:46.9

But yes, I ran a poker training site.

0:49.6

We took people, taught them how to play a mixture between cash and tournaments, did coaching and things like that.

0:56.0

And yeah, I have a great love of the game.

0:58.0

I've played it profitably for a little while and very happy.

1:02.0

Good, good. Well, we thought that we should, I've raised you, by the way.

1:06.0

I, I thought we should do a bro-economics on poker.

1:10.0

Because it's quite an interesting game. It's quite a

1:12.4

history to it. As far as I know, we don't know exactly where it emerged from. There's a variety

1:21.3

of different games. Most of them of European origin, especially French of all things. and then an English game called Bragg.

1:29.3

Yes.

1:30.3

But modern poker, as we understand it, really emerged sort of in the late 20th century.

1:35.3

So California in particular, popularized limit hold'em, and then that developed into no limit holden,

1:43.3

which people decided that they would enjoy a great deal more and

1:47.6

That's where we are today obviously modern technology cameras things which will show people whole cards and stuff like that makes it more of a spectator sport and

...

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