Risky Business with Nate Silver and Maria Konnikova

The Butterfly Effect in Poker. Plus: How To Think About Conspiracies.

Jul 17, 2025
Dive into the thrilling world of the World Series of Poker, where strategy meets psychology under immense pressure. Discover how players negotiate emotional fatigue and the ripple effects of their decisions. Switch gears to examine the complex conspiracy theories surrounding Jeffrey Epstein, questioning what’s real versus speculation. Engage in humorous banter about the absurdity of some conspiracies and the challenges of trusting news in a polarized landscape. It's a thought-provoking blend of poker tactics and critical analysis of modern conspiracies.
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ANECDOTE

Maria's Poker Bust Story

  • Maria Konnikova lost with pocket jacks against pocket kings in a crucial hand after being three-bet by an aggressive Romanian player.
  • This experience highlights how luck can pivotally impact poker outcomes even with solid hands.
ADVICE

Avoid Folding Out of Fear

  • Don't fold just to avoid busting unless it's strategically justified.
  • Play your best game and exploit others' risk aversion to gain an edge.
ANECDOTE

Major Misclick Cost $3K

  • Maria Konnikova accidentally shoved 80 big blinds with a six offsuit due to a misclick while multitabling.
  • This mistake ended her chip lead instantly against pocket aces, costing her $3,000.
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