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Daniel Negreanu

๐Ÿ‘ค Person
1935 total appearances

Appearances Over Time

Podcast Appearances

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

it really should never expand.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

The range of hands should always get smaller, right?

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

Like, again, we start with the full scope and then you should factor in like, okay, these are all the possible hands you can have on the flop now, right?

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

We can't have new hands on the turn.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

And if you get to that point where you think, oh, well, maybe he has this hand, then you sort of misjudged his range prior.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

So you're not thinking clearly.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

It should always shrink from the full scope to, you know, hopefully just a couple.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

Yeah, so that's another big thing that's different about poker from, you know, my day to today is that back in our day, we would like put people on one hand.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

I'm like, you probably have king nine or you have jacks or something like that.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

Now, people are cognizant of the idea that you could have an entire range of hands.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

So then you ask yourself in situations, all right, I know what I have, but...

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

What I could have in his mind or my opponent's mind is any one of these hands.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

What would I do with the entirety of these hands?

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

And so a lot of people that are trying to play optimally, you know, game theory optimal, they think in terms of what their range of hands would do rather than their very specific hand.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

Not exactly.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

So an optimal range, like if I bet the river, if I'm playing game theory optimal, a portion of my range is going to be, I have it, I got the best hand, and a portion of my range is going to be bluffs, and they'll be balanced.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

So in theory, no matter what you do, no matter what you do, if you call or you fold, in theory...

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

It's just you're printing a zero, as we say.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

You're not gaining or losing any EV if you were to do it that way.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

What's EV?