let's talk about borrowing power and hard and soft vouches two things many people might not
be familiar with if you're not in the poker community but if you are these things are very
important for yourself and to look out for so you don't get scammed if you have a good credit score
a bank might loan you someone else's money at a high interest rate so they win in the deal or
if you're a professional poker player with a long track record of being honest reputable paying your
debts you can get loans from poker players too in general never loan anybody money just say I don't
loan money I don't borrow money that's my standard so don't get mad when I tell you I'm not gonna
give you money it's usually best to do this unless you 100% trust that your friend has collateral or
they're just good for it and it just happens to be a circumstantial thing not an ongoing thing
an old saying is if you want to lose money and a friend loan them money people will ask your money
for a few different reasons one of them is being that they're broke they're having some tough times
or they're just illiquid at the moment maybe they are fully invested in some other company's stocks
houses backing players if a person has assets that's a much more reasonable person to loan
money to especially if they're reputable the other reason someone might need a loan is if they're in
a different country if they don't have enough of that currency if this has happened to beyond their
third or fourth bullet and they didn't expect to have to keep firing in a given tournament
dude I need a fourth bullet man give me give me 100 bucks the amount of the loan could go
anywhere through $20 to $20,000 depending on your circle of friends know who you're
loaning to and if you don't and you're worried that they might not pay you back you can get a
vouch avouch is another person saying that if person a scams you and doesn't pay you back I
will be responsible for that debt there are two types of vouchers a soft vouch in a hard vouch
a soft pouch is yeah he should be good for it but if you screws yeah that's on you bro a hard vouch
is yes my man is gonna be good for it I trust him 100% if he doesn't pay you back I will usually a
hard vouch will come from someone that has a much higher net worth and a much greater reputa bility
in the poker community as a back-up plan I highly recommend that you do a hard vouch if you're ever
concerned about the ethics or the liquidity of the person that you're loaning money to it's always
a tough scenario when doing any type of trade the moment when it's like the handoff if you
will I'm not involved in drug deals or anything like that but for instance hey you got the stuff
yeah I got the stuff you got the money oh I don't the money you got the stuff where's the money yet
Oh where's the stuff at you probably seen this in movies the trust factor is huge and this is unique
to the poker community many other occupations people can hardly trust their coworker to loan
them lunch money it's a weird world that I live in but this is reality as a general rule I don't loan
or borrow money from anybody because it's nothing but trouble in general but once in a while I'm in
a pinch I might need to borrow a couple hundred bucks just to reload in a cash game or I just
don't have you know $1,000 my wallet for bullet number three I see a friend that knows I'm good
for it I get the money from him and I pay him back the next time I see him or send him PayPal
ACR whatever and that wraps up a little insight into the crazy world that is poker loaning and
borrowing stay safe out there you can always say no here is a pile of money that was given to me by
a mutual friend to give to another friend they're trusting me that this money gets from point A to
point B they don't know each other very well but they both know me and they both trust me it's a
thing of convenience and a thing of trust it's a weird world out there know who to trust but
in the end a Stone Cold Steve Austin said DTA brother don't trust anybody right you thought
I was your friend you were the biggest pup in the world a slight drizzle on fight night at the wind
five hundred and fifty dollar buying part of the spring Poker Classic $100,000 guaranteed
over thirty thousand dollars her first one-day event let's get that thirty thousand dollars
there is a $1,700 circuit event going on at the Rio for the World Series of Poker but
you know I am impartial to the wind tournaments so $550 buy-in is probably the correct metagame
choice if you're a high stakes pro you're gonna choose the 1700 over the 550 softer field better
ROI higher chance of winning winning equals happiness let's leave happy at around 2 a.m.
all right Jeffrey you like a lucky thing thank you
with blinds at 500 1000 1000 we have folded and blinded down to ten thousand ships under
the gun plus one Lynch middle position limps and I'm in the cutoff with East King off suit
ten blinds snap jam we're all in I'm the gun plus one jams and limber jams what the hell is going on
do they both trap me kind of under the gun plus minus sevens and other guy has Jax think we're
favored to hit a pair so let's swap it here's the video 3way OMG cold alright he's King looking good
look out there
with a 1000 big blind aunty run to the gun plus one with pocket fours pretty good time to raise
it up to 2,200 extra pulls the small blind who puts in the call and big blind comes along for
the ride were three ways to a flop of ace Queen ten two hearts one diamond action checks to me
but we do have pocket fours and I'm probably just gonna give up tired of bluffing I'm a
horrible bluff or they always call me the turn is the four of Hearts bingo bango bongo Vince
we've turned our set to flush draws on the board and the small blind of log watcher from Vancouver
leads out for 5500 big blind folds and we have a decision to make here do we just flat halt and
play various rivers order e raise it and try to get value from all the big combo draws and two
pair type hands I decided just to fly at the 5500 we have 30k behind let's see what happens I'm the
river the river is an off suit eight my plan is to call if he bets 11,000 or more and to raise
if he bets under that I think smaller bet will be more of a blocker tight bet fours are definitely
gonna be good so we want to go for max value but we are scared of 16 combos of King Jack in
16 combos of Jack 9 we have a set but it might not be good small chance is also slow playing a hand
like aces Queens or tens so what he bets 7,000 got the green light to go for it a small raise
size wouldn't make much sense here so we got to go for max value polarize her hands to a value
and Bluffs he goes deep into the tank after we shove all-in for thirty thousand six hundred he
says I got a big hand this is when I'm like oh [ __ ] he's got Jack nine he says you checked
King Jack on the flop I'm really never checking King jack here on the flop but that's just me
maybe I should and a few more minutes go by I'm hoping for a call and he eventually folds and
shows ace Queen off suit what the hell's going on didn't get paid excellent read by this gentleman
enron first break with 60,000 ships it was Jeff most go you to lots of all day it appears that
my lips are chapped it's like a desert in here the same guy from Vancouver just lost a huge pot the
previous hand any opens from middle position to 4000 Greg on my right flat calls were next to act
with pocket tens I think we can do a mix between falling and three betting we don't really want
to play tens three four or five ways let's take the initiative and give ourselves a chance to
win it preflop or induce from worse a lot of good things can happen by three betting tens
here at this stacked up I make it 15000 to go extra pulls around to the viewer from Vancouver
who shoves all in for 50 1000 is he tilted does he have a king or does he have jacks Plus Greg
I'm I write folds and we got him covered we got pocket tens we weren't bluffing we put in the
call and he shows us pocket thisis good timing for him bad timing for us let's like a tent
in its milk
do that
for the next hour I find some spots to shove all in that are profitable
and everybody always folds so guess it doesn't even matter what my cards are
and we maintain our stack anywhere from 15,000 to 30,000
I can move to a new table with 15,000 that 2500 big blind and secondhand dealt we put pickup
pocket fours and late positions so I shove it all in small blind reshelve with ace-queen we're
off to the races let's keep it low dealer a few hands later we look down at King Queen offsuit
and thirty five thousand ships we were looking at thirteen blinds for two blinds that's fine
we can just rip it in there that's tournament poker for you if you don't like it don't play
it you got to embrace the gamble let's gamble some sort of British reg - to my left hooks him to call
for heads up against East nine of Hearts we're going to need to hit let's get there it's good
our 70,000 stack slowly dwindles
trying to see some flops trying to raise and take
it none of that ever works and we can get down to about 35,000 ships
50 year-old Caucasian woman that limps under the gun cheers about 16,000 at
3,000 big blind I'm a middle position of the Ace King 35,000 shifts easy Jam unless
she's specifically tramping with aces or kings possible but you never know and she
pulls back around to her and she puts him to call and shows ace deuce diamonds what's old
action all right I get one that showed through we get up to 26,000 and then under the gun plus 1/8
handed I look down at EC it off probably a full but you know chefs get more respect and they do
online in theory got a play to win we got an ace blocker we shove it in there 9 blinds guy
on my left for some blue shark glasses asked for a count and puts in the call that's bad
news everybody else folds in rub against ace 10 off suit pretty thin let's get them
congratulations okay I'm out of here you got me okay nothing let's get some pleasure
in our lives I'm out I'm out to the 550 win a $100,000 tournament one bullet fired $550 gone