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i was also thinking gobbo's equity went down when DW said he hadn't looked

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Since this is like the 4th time it has been mentioned, can someone explain this further? I'd like to understand what this means.

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There's a better chance of a club or a random better pair that were unlikely to be in his range had David Williams been making conscious decisions.

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Just to clarify that, you're saying since he said he didn't look, there was a better chance that DW held a hand that had a club or a better pair?