Live Poker Match!: The Besties Vs. Phil Hellmuth, Alan Keating, and Jason Koon

Summary

The All-In Podcast hosts a live poker tournament at the Venetian Las Vegas, pitting the “besties” (Chamath Palihapitiya, David Sacks, David Friedberg, and Jason Calacanis) against poker legends Phil Hellmuth (16-time World Series of Poker bracelet winner), Alan Keating (high-stakes cash game specialist), and Jason Koon (one of the greatest cash game players with over $70 million in winnings). The tournament features a rapid blind structure with entertaining table talk and several dramatic hands.

The highlight of the tournament comes early when Phil Hellmuth, widely considered one of the greatest tournament players of all time, becomes the first player eliminated after losing to Alan Keating. This sends the table into celebration, with Chamath exclaiming “Nothing better than Hellmuth not winning!” The besties take great pleasure in ribbing Hellmuth about his early exit. Molly Bloom, the famous poker hostess whose story was depicted in the film “Molly’s Game,” makes a guest appearance mid-tournament.

The tournament concludes with Chamath Palihapitiya winning the “First Annual All-In Venetian 5-Minute Turbo Bounty” after heads-up play against Jason Calacanis, holding pocket kings against ace-seven. Throughout the game, the players share poker stories, discuss legendary player Stu Ungar, debate whether to attend the Bahamas poker tournament, plan skiing trips to Tahoe, and discuss Formula One racing. Alan Keating shares an entertaining story about getting into a near-fistfight at Carbone restaurant the night before.

Highlights

”Nothing Better Than Hellmuth Not Winning”

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“Nothing better than Hellmuth not winning. There is nothing better than that.” — Chamath Palihapitiya, 28:45

”Poker Wisdom: Sometimes You Have to Gamble”

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“Sometimes even if you know you’re beat, if you’re being laid a price to gamble, sometimes you have to gamble and it’s better than folding. I think there’s a lot of analogies to that in business.” — Jason Koon, 29:23

”Phil Hellmuth Eliminated First”

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“Phil Hellmuth loses. Phil Hellmuth out first. This is what we live for, folks. Phil losing a tournament. Going out first. The world’s greatest tournament player loses to Allan Keating the Wild Man.” — Jason Calacanis, 32:37

”Molly Bloom on Running Her Games”

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“I never played when I was running games. The government took over so I didn’t really have any money to play.” — Molly Bloom, 36:16

”Stu Ungar: The Greatest of All Time”

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“At age 15, Stu was the best gin player in the world. At one point he finished in the top four in the world backgammon championships, was the best gin player in the world, no one would play him, and was the best hold ‘em player in the world, all at the same time.” — Phil Hellmuth, 45:17

”Chamath Wins the Tournament”

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“Chamath, winner of the first annual All-In Venetian 5-minute turbo bounty.” — Jason Calacanis, 59:55

Key Points

• Tournament Introduction (0:00) - Jason Calacanis introduces the first-ever All-In Bestie Invitational Tournament at the Venetian, featuring three besties plus Phil Hellmuth, Alan Keating, and Jason Koon
• Jason Koon’s Cash Game Record (0:45) - Jason Koon is introduced as having won $60-70 million in cash games, making him possibly the greatest cash game player of all time
• Phil Hellmuth History (0:32) - The players reference their previous games together on Hustler and Poker Go shows
• Poker Strategy Discussion (29:20) - Jason Koon explains pot odds and why sometimes you must gamble even when behind, drawing parallels to business and life decisions
• Phil Hellmuth Eliminated First (32:37) - Phil Hellmuth loses to Alan Keating with ace-ten vs ace-three, getting eliminated first to the delight of the other players
• Molly Bloom Appearance (35:11) - Molly Bloom, famous for “Molly’s Game,” joins the table as a spectator and shares that she now lives in Boulder, Colorado and no longer runs poker games
• Carbone Restaurant Fight (38:05) - Alan Keating recounts nearly getting into a fistfight at Carbone restaurant the night before, but the antagonist later became friends with him
• Luca Doncic Trade Memory (40:45) - Alan Keating recalls winning the Warriors charity poker tournament on the same night Luca Doncic was traded from the Dallas Mavericks
• Stu Ungar Stories (44:35) - Phil Hellmuth and others share stories about legendary poker player Stu Ungar, who won the World Series Main Event three times and was also the best gin and backgammon player in the world
• Freeberg Family Stu Ungar Connection (50:25) - David Freeberg shares that his grandfather gambled away his money to Stu Ungar playing gin at the Detroit Athletic Club
• Final Hand - Chamath Wins (59:43) - Chamath Palihapitiya wins the tournament with pocket kings against Jason Calacanis’s ace-seven, becoming the champion of the “First Annual All-In Venetian 5-Minute Turbo Bounty”

Mentions

Companies

• Venetian Las Vegas (0:00) - Host venue for the poker tournament
• Hustler Casino (0:32) - Previous venue where the players competed
• Poker Go (0:32) - Poker streaming platform where they’ve previously played
• Polymarket (0:10) - Mentioned as a joke for betting on when Phil Hellmuth will tilt
• Full Tilt Poker (35:17) - Phil Hellmuth jokes about being a Full Tilt Red Pro again
• Carbone (38:05) - Restaurant where Alan Keating nearly got into a fight
• Golden State Warriors (40:45) - Referenced for their charity poker tournament that Keating won
• Dallas Mavericks (40:55) - Team that traded Luca Doncic
• Chicago Holocaust Museum (43:01) - Venue for a fundraiser that Chamath MCed
• Detroit Athletic Club (50:15) - Where Freeberg’s grandfather lost money to Stu Ungar

Products & Technologies

• PLO (Pot-Limit Omaha) (29:54) - Poker variant discussed as being marketed as an action game
• Short Deck Poker (28:05) - Poker variant the players discuss potentially playing in Tahoe

People

• Phil Hellmuth (0:00) - 16-time WSOP bracelet winner, known as “The Poker Brat,” eliminated first in this tournament
• Alan Keating (0:00) - High-stakes cash game player who eliminated Phil Hellmuth
• Jason Koon (0:45) - One of the greatest cash game players, has won $70 million in cash games
• Chamath Palihapitiya (0:00) - All-In host who won the tournament
• David Sacks (0:00) - All-In host participant
• David Freeberg (0:00) - All-In host participant, shared story about grandfather and Stu Ungar
• Jason Calacanis (0:00) - All-In host, tournament runner-up
• Molly Bloom (32:21) - Famous poker hostess depicted in “Molly’s Game,” guest appearance
• Stu Ungar (44:35) - Legendary poker player, won Main Event three times, also best gin and backgammon player
• Chip Reese (49:10) - Poker legend mentioned in Stu Ungar story
• Steph Curry (40:45) - NBA player Alan Keating beat in a side bet at Warriors charity tournament
• Luca Doncic (40:55) - NBA player traded during the Warriors poker tournament

Surprising Quotes

“Nothing better than Hellmuth not winning. There is nothing better than that.” — Chamath Palihapitiya, 28:45

“Sometimes even if you know you’re beat, if you’re being laid a price to gamble, sometimes you have to gamble and it’s better than folding. I think there’s a lot of analogies to that in business.” — Jason Koon, 29:23

“I never played when I was running games. The government took over so I didn’t really have any money to play.” — Molly Bloom, 36:16

“At age 15, Stu was the best gin player in the world. At one point he finished in the top four in the world backgammon championships, was the best gin player in the world, no one would play him, and was the best hold ‘em player in the world, all at the same time.” — Phil Hellmuth on Stu Ungar, 45:17

“I’ve never been short stacked before.” — Alan Keating, 47:10

Transcript

0:00 All right everybody, welcome to the first ever recorded All-In Bestie Invitational Tournament here at the Venetian. We have three of the four besties here and then we have two of the greatest poker players in the world and Phil Hellmuth joining us. Jason Koon, Alan Keating. It’s going to be an amazing show. The over-under is 7 minutes until I tilt Phil. So if you have under seven minutes, over seven minutes, we’ll see. Set up the market. Set up the Polymarket now, Jeff. Let’s go.

0:32 So Jason gets the advantage and doesn’t need. Are you going to comment the whole time? No. No, I’m just going to take your money at the table. We’ve played on TV several times now. Remember Hustler, Poker Go? We’ve done quite a few different shows. Yeah. Glad you weren’t soul reading me then. I ran over that game. Oh yeah, you killed me that game. Split the cards. Murdered. Killed you. Murdered you.

0:45 Also joining us today, Jason, one of the greatest cash game players of all time. Probably the greatest cash game player right now. You’ve won 30-40 million in cash. 60. 60 now. 70. 70 now. $70 million. All right. And what did that idiot make it? 3,000 to go. Okay. Whose count? Call 3,000. Oh my. All right. Here we go. I’m getting pulled into the deep end already with Alan Keating. Oh no. This is the deep end.

1:15 Is this the deep? I got to look at my cards here. Jamal, help me out here. How do you play that against Keating? I’m pretty sure I’m playing this hand right. I’m sure you are.

25:56 It’s been 8 seconds. Philip, calm down. May I have a coffee, please? Yeah. Sorry for yelling over the table. It’s probably rude for me to even ask, but I would. I won’t explain my reads on you. I will never reveal. Yes, please. Yeah, just take them to the grave, man. Just keep printing checks off me year after year. Since you asked, I will take a cappuccino.

26:16 All I want is full Tahoe, four sugars. I don’t want to lose that. I’m always there. A little bit of lard in it. And if you can give him two cinnamon. We’re doing Thanksgiving in Tahoe. And we’re going to do Christmas. We’ll see you for Christmas. We’ll see you for skiing. Oh, we got to do a poker game. We’ll all be up there. We can make it a business. Christmas. You have to be there. Yeah, I will.

26:41 We could do a little bit in Tahoe. Why don’t you come up? Rent a house. Come join. I’ll rent a house. Everyone’s going. I’ll go. Are you going to be solo, buddy? You stay right. I might have an extra room. I have no rooms for you. There’s rooms for you. I have 8,000 children. Yeah. Actually, I mean, 50/50. I have a room. I have to see if I’ll have to figure that out. His house is sick. He’s got a movie theater. Yeah.

27:02 Do you ski? I have a ski in ski out house. It’s a little smaller than his house probably. But you’re on the location where you killer in. He’s like walking distance. Like but in the next door property, you basically walk. You think I’m like too old to start skiing? No. Just easy peasy. And then I’ll take you out for a day. Pizza’s up there. And up there, Phil’s up there.

27:38 Girly. Where are you guys going? I’m going New Year’s. Yeah. I’m going to be there December. We got to play some poker. I may pop up for New Year’s. I would like to play some kind of like a new game like learn a new game like Razz or Stud. We could do like some random games that none of us have ever played before.

27:55 I just yeah. I would like to play low stakes like some Chinese half deck. No, no. Like what do you want? You don’t want the short deck. No, no. I would love short deck with an ante. Yeah. No, no. Let’s play short deck. If we play short deck slow, don’t worry guys, we’ll learn this all together. I don’t know how to play any of the like stud games.

28:17 Oh my god. Please hold up. I got the six of the ace of the choppy. WOW. YES, YES, YES. OH MY GOD. So great. What a call by me. Choppy. Choppy. Wow. Why do I not get rewarded for such stellar play? Unbelievable. It was a really good call.

28:45 Nothing better than Hellmuth not winning. There is nothing better than that. Not I do feel that way. Yeah. It’s so great when he doesn’t win. Yeah. When he had when he what is it? 15. He turns the 153. Okay. Oh, you don’t like it when I do that, do you?

29:00 For the viewers, one thing that they I thought if you had a pair, you would call. I have to move in with ace high there. I think one thing the viewers should know about poker is all the money in the middle makes it so that you don’t have to get your money in in front for it to be profitable. That’s like an important thing for people to understand.

29:23 Sometimes even if you know you’re beat, if you’re being laid a price to gamble, sometimes you have to gamble and it’s better than folding. That’s something and I think there’s a lot of analogies to that in business. Yep. Life decision making. Yeah. Like sometimes you know you have Having the best hand is kind of lame to be honest. It’s rare. It doesn’t happen often some nights happens a lot, but you hold them. It’s hard to make a good hand. That’s why it’s the best game.

29:54 PLO, I feel like it’s been sold as if it’s an action game. But you come into the hand with king 10, 74. You’re facing king, queen, jack, 10, and pocket kings and aces. So many hands. There’s no board where you’re dominate. Yeah. Or your advantage. You can’t catch. Short-handed. It’s true. Short-handed.

30:25 I’m going to need a little advice. I said all in. No, I He went all in. But I think it’s been sold as a gambler’s game when this is going to be a big decision for me. How much chips did he have left? All in. He could have ace king here. He could have king queen here. He’s got like 193 or something. I think this would be a very tough decision for me.

30:40 He doesn’t have aces, but he could have ace king. He could have king queen. Could he do that with queens or tens? He knows I could have a king. Really difficult decision. Could have. Could he have any of those set of sevens? No. I’ll just go grab one. He did raise pre flop. He could have ace kings. Sugar non-sugar things or whatever sweetened.

31:07 All right, I’m going to fold if I fight. Run it. Run it. Rabbit hunt. Let’s see it. He’s going back door regardless. World’s easiest call. NO. OH MY GOD. WHAT? OH, he folded. He wanted the best hand by all. I knew it was coming. He’s running so hot right now. I knew it was coming.

31:31 You avoided the pain. Wow. I was like, you know what? I could live to fight another day here. That’s second level play right there. Fear rewarded. Second level. The pros would have snapped the money. Fear rewarded. No, I mean, he’s playing against me, so I would put him on a better hand playing against me. He knows I’m, you know, I play a tighter range of hands. So, good read.

31:53 Yeah, it was the wrong read. King N. You’re right. King nine of clubs was a little stronger than I thought. Pre flop. Yeah. He flips that over and you’re like, I was like, “Oh god, that’s gross.” Right.

32:14 Run. We got to get sacks out here. Mhm. Guys, Molly Bloom’s going to come in and say hi. Oh, cool. Oh, wow. Ace 10 versus Okay, guys. Guys, guys, get focus here. We need diamonds. Diamonds. No three. No three. Just diamonds. Diamonds. Diamonds. Oh my gosh. Five for a split. OH MY GOSH.

32:35 YES. Phil Hellmuth loses. Hold up. Hold up. Nice hand. Nice hand. Philly. Awesome. Phil Hellmuth out first. This is what we live for, folks. Phil losing a tournament. Going out first. The world’s greatest tournament player loses to Allan Keating the Wild Man. He can’t even beat a person who plays 24 off.

32:58 This is incredible, folks. What a turn of events. Helm busted first. A documentary. Shameful. A documentary came out this week and Keating’s talking about like he doesn’t like tournaments. Yes. Because it’s like for smooth busted me like it’s nothing. I guess she’s going to bust Jason next. So great. Dear won’t be the first time. Our Lord and Savior. Correct.

33:25 Freeberg, get in here with a little Jesus prayer with me. Come on in. Jesus is ready for you. Freeberg my black. You better deal. All right, Freedberg. Hyper. Let’s praise Jesus. Is it four? Yes. Baby Jesus. Thank you, baby Jesus. 2,000 come youth first. Okay.

33:50 This is where I’m going to shine. I’m going to be dealt a lot of big hands. What is happening? Did he just go all in? It’s a good fold. Close. Oh my god. Helm so disgraceful.

34:20 Tell me when was the last time you won a tournament. Hold on. Why you got to be so mean? Hold on. Just ask. Somebody pass me the salt. The horse salt. I made a final table at this year and I made a final table. Let’s just say it’s been a couple of years. Four. Okay.

34:37 But do you play other Do you play other tournaments? Are you playing like No, I haven’t been. I played three tournaments outside of the series. Some ridiculously small amount. Are you going to the Bahamas or are you playing the W the I am going to the Bahamas. You are. Are you going? I don’t know. It’s too far away.

34:53 I just want to put it out there that it’s a long any of these poker tournaments. Want to pay my blind? I’m willing to fly. Welcome to the club, kid. Okay. Willing to fly in and play. I’ll fly in and play. All right. I’m willing to be a Full Tilt Red Pro again. Yes.

35:11 Hi, Molly. Hey, Molly. How are you? Good to see you. So good. Welcome. Come on in. Tough table, huh? How you doing? I mean, they’re mean. Don’t worry, there’s a They are mean. Phil Helm shipped all his tips with Ace Garbage. Come on in. We put a seat over here if you want to hang out. Do you know everyone?

35:27 Yeah, actually Phil’s busted. I’ll take his seat. Good to see you, Molly. Everything’s good. Yeah, first. Oh, Molly, it’s good to see you. Good to see you, too, folks. Okay, we know Chimath. All right. Nice to see you. Nice to see you. Nice to see you. and Alan Keating. Pleasure to meet you. Nice to meet you. You want to grab a seat?

35:40 Yeah. I don’t want I’m sitting here hanging out. We’re just hanging out. Thanks for coming to the event this afternoon. Yeah. Thanks for having me. Oh, I was going to get tens, I think. How’s life? Oh, are you at tens? I think so. How’s life for you? It’s busy. Yeah, for sure.

36:00 Yeah, guys are Wow. I think we have 20 minutes left. What are we going to do here? Should we just play bomb pots the rest of the game? Thousand dollar bomb pots. The problem is the problem is no one how often do you play poker to learn. We’ll be ahead of the curve. It’s not a bad idea play. Just so people can These guys are in Vegas. You’re in Vegas. Yeah. Where do you live? I live in Boulder, Colorado. Oh, wonderful. Out of the scene. You like it?

36:25 I Yeah, I love you get this. So, these are my old cards. I can look. You want them? It is. I just want to play Hannah with Tim. Come on. Oh yeah. Hold up. 4,000. I wanted to. I’ll be in the Bahamas for a while. Oh yeah. I’ll be there. Show him the bad news. 11 days or so. That’s it. Let’s hang out.

36:51 Get a second and then owe you. That’s Molly. Do you play? Is it 4,000? I don’t. Yes. No. I never played when I was running games. My friend has a place down there. So the government took over so I didn’t really have any money to play. This is going to get punitive now.

37:07 And then this went on. Yeah. But um so you have no involvement in any poker scene at this point in your life at all? Not until today. Not until today. It’s so interesting. Molly’s return to poker. This is like the version two of the movie. Molly and I occasionally do events together. Yeah.

37:25 Chicago or wherever or lines? What kind of event? Are you going back to Miami? It depends for eye connections. I really would like to but it depends on if I get booked. Speaking. Um, we went we did an event. He MCed the fundraiser at the Chicago Holocaust Museum with Well, that’s where I saw you at Miami.

37:50 This is for like the wind too. The 60% of the chips and play or something. Yeah, we had dinner with Sophia. Classic. Carbone, right? Yeah. I mean, we went to Carbone last night and Allan got in a fist fight with the guy at our table and we had to they were like they were like I will beat your ass. I will beat your ass. Let’s go outside right now.

38:08 And I was in between the two of them and then there was reaching across the table and I mean Jason was laughing, giggling in his corner. I don’t know if it was legit like like you guys were going to throw they were going to throw down but we invited him outside.

38:22 Christian like you wish you were there. Was the Christian started. We’re not going to talk about what triggered it. Okay. Christian isn’t built in nature. I was just going to say it must be political. No, it wasn’t. It was not built for it. And Allan just said, “Listen, step comments. You disrespect me. There’s a lot of kick your ass.” And he just on the table. And the guy started apologizing. He did like a half an apology. I’ve already forgotten it.

38:49 Half an apology. But it was cool that you guys hung out. I fully unreservedly hung out. We talked this morning. The guy did take it to the car. He insulted him. Yeah, I mean that’s how guys make friends. Yeah.

39:03 You made a mark. Did you hear the end of the story? I appreciate the Well, you know, so they went out to We all went out to the barber shop club afterwards. Yeah. Hung out. Why are the blinds? I left them at the club alone and they were hanging out and now they’re best friends. Now they’re best friends. 20,000. One of the blinds. That’s actually how a lot of good research did you know this person and mine started that way.

39:25 Oh, that’s literally how you met. I literally introduced them at dinner and I thought, oh, well, I figured these guys would get along. I’m like, come to dinner with us. We all go to dinner. I’m like, oh, these guys will get along. No problem. I was like, what happened? Oh, you So, it was your friend? Yeah, it was my friend. Oh, that’s stressful. Yeah. I was like, what am I going here?

39:43 And this is it’s all Freeberg’s fault. It sounds like it’s always No, he’s a very smart guy. Very smart. Very. Everyone’s too smart for their britches, they say. And I was going to not going to take much. Shout out to Carbone, by the way. Thanks to Alan Keating, by the way. You’re welcome. Thank you for How much is the show? 22 less. It’s an all in hand, isn’t it? Maybe it is. I don’t know. I never play that. I think that’s a 225.

40:18 How’s Boulder? Is Boulder is that where you live? Yeah. You like it? I do. Yeah. Um my family’s there. It’s fun. I have two good friends that grew up in Boulder kind of weird. Yeah. Or is it a weird place? It’s a little weird. Yeah. Yeah. It’s like crunchy. People are like But yes, but also kind of not.

40:40 That’s the exterior. You know what I’m saying? There’s like a good Yeah, but but there’s a you know my mom lives 5 minutes away, my brother lives four minutes away. That’s cool. You have a good group of friends there. That’s slightly I moved back like Charlie. I mean, can you beat nine high? Like a really bad nine high. Oh my god. Oh my lord.

41:00 What twice he gets? I had a really bad nine high. Don’t worry. Whatever you shove on this hand, I’m calling. I know it. I’m going to need you. Oh boy. Hey, Kading won the Warriors charity poker tournament. I did. You did? They gave him a bracelet. It was a ton of press. It was pretty amazing. I think he beat you. Beat Steph Curry in a side bet.

41:23 It was a cool moment. That was the day last longer side bet. That was a famous day. The day that Luca was traded. Luca was traded. Oh, that’s right. It was like 9:30 p.m. at the Warriors charity poker tournament and all of a sudden all the players are like, “What happened?” That was spooky. And it’s just like the whole tournament stopped for a minute. Luca’s been traded from the Dallas Maverick.

41:45 Yeah. And I had video of it which I felt like a little weird even. It was really weird how the room was just high and then all of a sudden what happened? Like I don’t like to fold that girl. Triple me up. Triple me up. All in. Thank you. Wow. This is it, folks. Am I actually going to fold ours?

42:10 Oh, this is great for me. Show your king jack. Show your king jack. King jack. Oh my god. I got two over cards. Let’s go. What am I doing? Let’s go. What am I doing? Yeah. What are you What am I doing? I almost went to bad. A6. I had A6. King six, which is like a perfect Oh my god. My A6. I had A6. Four. Five. All day, right? Nope. GG. All right.

42:35 If I could lose to anyone. Thank you. It’s the first time I’ve beat you in my life. Katie, you have a 10. No, I jack high. Tripled up. All right, now my money six held up. Jac, how many chips you got? The chip leader, right? John is big time. He’s most certainly the chip leader. Yeah. Who’s left? Me. Four. Four of us. There were four. And then there were four.

42:55 Are you doing Formula One? Are you coming? You know, I wanted to stick six of hearts. It’s like a little sneaky, but I didn’t have the position to really ice. I should have shipped my sit there and enjoy making some money for one event. I went I came to the first Vegas and they’re cool. They’re so cool. Yeah. Um being on the track is insane. Yeah.

43:22 Yeah. It’s really fun. The um these like trial days or whatever they call them. Yeah. They’re not as great as the final day, but they’re kind of pretty fun to take and hang out. Yeah. My friend was just doing good luck. I can’t even play the blinds on the next hand. So, wow. Here we go. Insane, right?

43:41 I could see that. I guess cuz you’re still like you’re probably fast reactions and Okay. Where’s my protection here? I feel like 16. Looking for some protection. Like I feel like it’s miracle I survived. Yeah, I can beat one player. I don’t know if I can beat two. I think you’re going to have to beat three.

43:59 Eating decision time. Love it. Oh, it’s a tough decision. Wow, he’s trapping. Wow. No, I got to figure out IF I TRAP OR protection time. Play together often. Yeah, folding is not enough. And then I don’t know if you know this, but so he’s like these guys are all pretty. Do I? So now he’s I’ve heard of them before. I’ve heard of you. Yeah. Really? Yeah. Good things or bad things? Good. Okay, good.

44:24 He’s got a reputation for being so I’m so weak. Thinker. I like that. Such a weak player. Well, you know who to give it to. There was a player man in the game. What’s the guy’s name who ended up that died at a young age? He won the World Series in the event. Steuer, you’re like Steuer. Oh my god. Dude, wasn’t his whole thing like very non-conventional play, Phil?

44:44 Stu. Stu could play super super super fast and but he was like very creative. Played every hand. Very great. Played every hand. Super creative. Lived on his reads like a complete legend and like he might have been the greatest of all time. Won the main event three times, but I think he ran into some issues with like, you know, unfortunately nine. It was drugs or something. Yeah, drugs. Drugs took him down. Yeah. GJ. But you ever play with him? Close. Yeah, I played with them a bunch. Yeah. Yeah. That’s one part.

45:13 That’s maybe the person I’d like his daughter Stephanie is I remember reading about how he played and his plays were always like very original like very aggressive play any hand like no one. That’s one of the great books of all time. The Stu Ungar story. Do you like the book? Even though I don’t believe I deserve a book on a book.

45:27 You guys want to hear something interesting about Stu? Yeah. Okay. So, he was a bridge player at age 15, he was the best gin player in the world. And so, he had a bunch of guys that were connected that would have him at 15 go all over the east coast and make all this money playing gin. And at one point he finished in the top four in the world backgammon championships, was the best gin player in the world. No one played him. And was the best hold ‘em player in the world. All at the same time. That’s Stu Ungar.

45:58 But I think, you know, unfortunately cocaine, it’s a hell of a drug. Cocaine is a hell of a cocaine. Tell us about it, Jake. Drug. A hell of a drug. But the talent that he had like two like hell of a hell of a drug. Fan is a hell of a drug.

46:13 Um, no, he was the the mob. Yeah. The Jewish guys at like the Silver Gull, you know, out in Rockaway. Cops. Everybody loved to play this kid. So like playing gin was like a big deal in Brooklyn and Queens. So they the mob would just bring him around. They let him keep 10% of his winnings or whatever when he was a kid. And he would just demolish adults. It’s in the book. Really crushed everybody. Crushed everybody in gin.

46:38 I think Keating’s all in. I actually have a story about this though. Yeah, he has got to post eight. You got a longer story. I do have a story just so we know auntie and then post the blind. Yeah. I just want to know where you’re at before I Well, the the the blind comes first eight. No, but the way they do it is the blind is is the first eight goes to the blind. So, he gets a full big blind dealer, right, Jason? How does it work? He’s got seven. Seven. Yes. Okay. So, he gets Put eight. Put another one in front of him, please. Dealer. And then there’s seven ante. Yeah. Yeah. Go. I didn’t know that. Yeah.

47:10 I’ve never been short stacked before. It’s true. So sick. I can’t even. Look at this chim. So sick playing for a second. I love it. So sick. Kings. Kings. Oh my god. Aces. Aces. You caught a break. 20. Oh my god. That’s a break. Wow. Oh my lord. I tried to spin it. So yes. Heart.

47:39 Give him a heart for fun. Jack. Oh, Jackie Poo. AC. All right. No suffering, no pain. Keating still alive. I think Keating’s gonna win it. I’ve seen short stack win so many times. Yeah.

47:56 You got a Stunger story. We want to hear it. I feel a little uncomfortable sharing it. I’ve never like really told you’re on camera. I’ll tell you this. I have the best Stew. Oh, please let me hear yours. Please. There’s only 12 cameras in this room. The best.

48:09 Yeah. I mean I you know it’s incredibly off color because Stewie had like a huge horse right a horse like he’s like a little he was little but you know this oh there’s a great story big al’s got the story of all stories it’s it’s the best it’s the story like in and reds yeah that’s the story here

48:30 The story is like in the middle of like a stud game um for the audience at Tell him. Tell us what a story. You want me to tell it? No. Let me You want me I told you that story. No, Al told me the story. Big Al told it. I was there when Big Al told it. Yeah. But you tell it for you. Tell it for you.

48:50 Oh my god. You guys are unbelievable. No, we’ll tell it together. But but but he was playing Stu is playing high stakes poker, but he’s watching from behind. Chip Reese, who’s another legend, is playing is playing gin. Thank you. But Chip has his hands face up. And Stu is sitting behind him. And then Chip turned to Stu and said, “Did you like that fold?” And Stu said, “No, no, no.” So Zeus at the another table playing high stakes poker. Stu’s like, “No, no, that was a bad move.” And then three and then three turns ago that was a bad move. And then three games ago that was a bad move. And everybody’s like, “What?”

49:21 Like I mean, so here’s a guy playing playing for like millions of dollars and and picks off. That’s the story. Anything you want to add? Everyone’s memory. Like why don’t you just go to 510?

49:33 Yeah. 510. Also, I don’t know if you guys realized, but the last four level ups have been in my big every single one. I keep turning around looking at her like, “What are you doing to me here?” Oh, I missed this. Oh, boy. I need another I’ll tell you this. I’ll tell you I’ll tell you the full story when we’re not miked. Okay. All right. What’s your story? Hilarious. It’s hilarious. Yeah.

50:01 5,000 and 10,000. My grandfather had he was a great card player, but as he got older the gap widened and he had ended up gambling all of his money away at the Detroit Athletic Club and the rumor was that Stu and some of his people were the winners of Wow. of his money. They took his they took your grandfather’s money.

50:28 Mhm. He gambled it away to stew in gin or poker or what? Gin. Yeah. Wow. No one could beat him even. No one would play stew in gin. In gin. I remember the stories of like my grandma having to drive down to the DAC at like crazy hours to pull away from the table. Wow. Crazy.

50:46 I’m going to say that Chamath has the best poker game in the world. That’s all I’m going to say. 10. That’s it. 10 out of 10. 12. Molly’s launching a new poker game in Boulder, right? Yeah. Probably not a big game for the I don’t know. Yeah. Could there be? I’ll tell you later. Yeah.

51:08 There’s no There’s no poker games in Boulder and I’m not running any poker games for the But he’s he’s all in, right? Right. Okay. So, I was going to over call a bunch of hands and G freak gamble and I can’t that one. But someone else that just got in trouble is also no longer. Yeah.

51:23 Classic race. Classic race. All right. 85 of hearts. Man, that’s a pretty hand. Yeah, like the eight five of hearts. Fortunately, Jason cash the sixes win. Cash. I’ll take a cash. Uhoh. Three. Does this go in our Hinden model? A deuce. Oh god. GG. All right, CP. Well done, CP. You got to make sure this goes final stretch for CP here. It does go on your hand and mob.

51:51 You know, my hand and m is so out of date cuz Sure. Well, you could actually it’s in the Venetian. It’s a legit casino. Can you guys enter this tournament in the hand database? Uh, you’re the big. No, no, I’m the No, I’m the button. He’s the button. I’m the big we’re playing with like three big blinds and I had aces three times and kings once and I didn’t win. Shoot the on.

52:18 I have 205. Anything you want to go? All of the chips. I mean, I feel like you know your audience and you guys I love I got 110. You You’d have 1025, right? Or no, I’m sorry. 13 or something. Was it not 30k starting stacked? Yeah. 30k. So 180 in play. Yeah. And I have 325. So you have 1485. When does that He’s got 1485. Focus tomorrow. Yeah. Like 36 hours. Good luck. We meet again. We’ll just follow that.

52:50 We meet again. My eternal enemy. Yeah. and my eternal best poker table. Is that the 222? No question. You got a look at that when you’re might be when you’re stacked. Yeah. Yeah. Which is right now probably which is this end. Yeah, dude. The eight high seven do. Is that even a fold?

53:12 I think it is. Yeah. Really? That is It’s a very It’s thresholdy, but it’s a fold. I think you just put yourself all in dark the next hand. What is it? Five.

53:28 All right. This is This is like a casino tournament. You know, when all the gamblers that lose a bunch in the pit, we all get together and then we got five big blinds and they take a break. They send you back to Bakarat and back. You’re all in. Yeah, I’m not. You know these. Oh, you’re not. I’ve got I’ve got 2,000.

53:51 Oh, my apologies. Oh, hold on. I was just going to flip my cards up there. I think you’re safe to flip your cards up. He has 2K left. Hey. Hey. Hey. Nuts. Yeah. Okay. I got two life cards. I never ran any tournaments. Yeah. Nothing. You’re like 40%. But I like it. If they like it, I don’t care. Yeah. No king.

54:10 Did you all in moment tournaments are brought to you by That’s very interesting. Nice draw. Four jack. All right, baby. 12,500. Big money. 12 more.

54:26 Okay. I feel like patience cuz what you cannot do is give Keating chips. Stamina pat. chips. You have to have a little patience. Oring. Yeah. Hey, my button. Destroyed. from the vert poker. An ace. I want it now. Uh-uh. Falls through the floor. Yeah.

54:57 It’s kind of like toddler mentality. Yeah. Yeah. Totally. But it seems to work for you. So, I’m keeping up the illusion. Yeah. Well,

55:11 Oh. Oh, really? Jason Let’s go. Oh, big sweep right there. That was a very important hand there. Yeah, that was I had a way above average. Had a pretty I had a queen blocker. I can’t believe you start this. I have an amazing amazing story. He had a horse.

55:36 You know, that was your story. That’s how you tell the story. It’s the way It’s the way the story It’s the way the story plays out that is actually exceptionally funny. Well, you told it as if that was all we needed. But then I sanitized it for this. So let me just Yeah, it starts off with the spearmint rhino. That’s how and then it just kind of escalated context.

55:53 What’s this? What’s the spearmint rhino? So you know after Stu won the 1997 World Series, he went right he loved horses. He went right to the track 25 and all the money was to play right away. Yeah. Sounds well. And in the book, I don’t know if it’s that tournament when he wins, there’s like three groups of people who meet him at the cage. Oh jeez. Who he owes money to and he’s collecting the World Series tournaments winning and there’s like three people deep. Yeah. Trying to Yeah, that happens in modern poker too, right? Like somebody wins like Yeah, I’m not going to mention names.

56:37 This is so painful. I mean, it’s so so painful. I keep thinking there’s not a hand I’m going to fold and then I never would have thought that a $5,000 five-minute bet. You got to show us the fold. It’s really bad, guys. It’s really bad. I have nine. Turn it over. Turn it over. 93. Oh my lord. Good fold. He’s got a king. Come on. Show the king. Queen. Maybe a jack. Oh, I got the killer card. Oh god. An ace. That’s a winner. Okay.

57:02 Wow. So, what what is the plan today? We were going to come back here at like three or something or Yeah. I’m looking at real estate. We got to go do the lunch thing with Molly. You thinking of moving here? I think we’re supposed to go on. I I would move here and but Kathy the you should buy where I live. It’s amazing. Well, we looked at we looked at a house. It’s just too much maintenance. Um but

57:27 Wow. In the Kia V. You know, I’ve never owned a house before. Not that much. You’ve never owned a house? Not that much. No house, no condo, and never owned it. I got You dominated guaranteed. I got You got three out. No, you absolutely have me dominated. I want to call so bad. And now And now I’m just trying to figure out.

57:47 What do you do with that? Can I if you actually flop your hand? Oh, I want to I want to call so bad. I have like an asset. But you’re getting such a good price. Like, yeah, I think you have to. So sick.

58:02 Oh my god. I feel like HE’S GOING TO SPICE A LOT OF WORK. By the way, I think it’s going to be a four in the window. He’s only a two to one favorite here. People at home, here’s a four. Four in the window. It flops a jack. Four, five, six. Over. How much?

58:22 Holy canoli. The world’s greatest tournament player might win a five-minute tournament. All right. 29 seconds over 35. I think at this point you guys should just go in blind for the next hand. Blinds are going up. No one.

58:42 Oh, okay. Move. Take your time. Shuffling. About to be the big I’m posted. It’s already posted. This timing actually worked out really well. Yeah, it almost worked. Yeah. Why don’t you guys just go all in for the last We will be. We will be. Don’t worry. What is it? 6 and 12. Yes.

59:01 Quick, quick, quick before the blinds go up. I’m stalling, man. Now, since the blinds are posted, I’m going to sit here and stall. Wait for the blind. You know, my favorite thing about tournament poker is when someone gets moved to a different table and you see them wandering around and looking for the table just trying and they got their tray of chips and they look and they see, oh, it’s this seat, but it’s about to be in the big blind.

59:25 Not many people do that, by the I’ve seen him turn and walk around and like pretend it wasn’t the seat. 100% we see that doesn’t happen that often. Ace 79. Still a chip lead, right? Wow. Take a I think I’m going to win, man. I I think I don’t like this hand. I don’t like playing against this. I think I’m going to win. No way. I actually think the kings are going to win. Kings are holding up for sure.

59:45 Eight in the window. Yep. Eight. That’s it. Eight. Eight. All right. Oh, good game.

59:55 Good tournament. Chamath, winner of the first annual All-In Venetian 5-minute turbo bounty.