GTO or exploit?

The longer version

What each scene is saying, spelled out. Tap a note to jump to its scene.

1. 0:00GTO or exploit?
2. 0:03GTO is the strategy nobody can beat. Against a tight player, a loose player or an aggressive one, it breaks even or better. That holds heads-up, before rake, in the long run.
3. 0:08But it leaves money behind. Against a player who folds too much, simply bluffing more wins more than the balanced strategy does. The numbers in the video are illustrative.
4. 0:13The catch: exploits can be exploited. They fold too much, so you bluff more. They notice and start calling. Now you are the one losing.
5. 0:17So deviate when you have three things: a real read, not a hunch; a big mistake to punish; and an opponent who won’t adjust.
6. 0:20No read? Play GTO.
7. 0:24Learn GTO first. Then break it on purpose. You cannot spot a mistake without knowing the baseline.