Two Plus Two’s Owners Launch BadBeat.tv for Poker Stream Fans

The people who own Two Plus Two have launched BadBeat.tv, a site that logs livestreamed cash games hand by hand and turns them into player stats, ratings and leaderboards. It was announced on November 6, 2026, on the brand's new X account and in a forum thread by owner Andrii Plakhotnyi, who is also the founder of the HUD software Hand2Note. Browsing is free. Full hand histories cost $99 a month.

The pitch is simple: every streamed hand of every regular from Hustler Casino Live to Triton, searchable by player. The execution is impressive in places and shaky in others, and the shakiest part is one player we know well. Ossi "Monarch" Ketola, whose $20 million freezeout against Patrik Antonius we covered in September, ends up quietly propping up a good chunk of BadBeat's winners list. More on that below.

Hand by hand, not session by session

Stream results trackers are not new. Highroll Poker, for example, runs a free tracker that records what each player won or lost per stream session. BadBeat goes a level deeper. According to its About page, staff convert broadcast footage into standard hand histories, every hand is checked by at least two people, and the claimed accuracy is 99.9%. Because the site has the actual hands, it can show how someone plays, not just what they won. The archive reaches back to an episode dated June 12, 2014. Tournaments are not included yet; the site lists them as on the roadmap.

In his launch thread, Plakhotnyi called it "an entertainment site" for stream fans, said the team had "digitized a million hands", asked for feedback "good or bad", and promised that Two Plus Two accounts will soon work as BadBeat logins. The million is real, it is just not all on BadBeat yet. Hand2Note's own Live Poker Database page counts 1,087,345 hands, tournament players included. That is 414,052 more than the 673,293 cash hands BadBeat currently shows.

Free stats, $99 hand histories

The free layer is generous. Every player page shows net result, dollars per hour, best and worst episode, all-in EV difference, and a style profile built from VPIP, PFR, 3-bet, limp rate, c-bet and showdown frequency, each set against the population average. Achievement badges and a highlight reel sit on top. It is fantasy sports for people with opinions about limping.

Garrett Adelstein's page shows what that looks like. He is up $2,539,596 over 13,578 tracked hands at $7,694 an hour, his VPIP of 36% is below the stream average of 39%, and he limps 1.4% of the time against a population figure of 15%. His all-in EV difference is minus $206,339, which is the database's polite way of saying the river owes him money. His worst night on record is still September 29, 2022, the jack-four hand against Robbi Jade Lew, at minus $238,250. He also tops the site's BBTV Rating at 87, a score the site says blends winnings, win rate and volume but has not published a formula for.

The leaderboards are where the site has the most fun. Biggest Hustlers ranks players by "Hustle Rate", how much they voluntarily put in relative to the effective stakes. Nine of its top ten are net losers, led by Michael Moncek at minus $2,468,218. It is a leaderboard that doubles as a public service announcement.

Free users see only a player's most recent hand. Everything else, plus full episode breakdowns, sits behind a subscription billed through Stripe. The yearly plan also bundles the Hand2Note Live Poker Database, which lets you load any streamed player into Hand2Note with every hole card shown and each hand linked to the original video. On its own, the database sells for $499.

The Ketola problem

Ketola is a Finnish gambling entrepreneur, founder of CSGOEmpire and CEO of the crypto casino Duel, who spent 2025 and 2026 putting up seven- and eight-figure stakes in heads-up matches against some of the best players in the game. On BadBeat he has eight episodes and a net result of minus $8,092,000. He is also ranked number one on the site's Luckiest Players board, which takes some doing while eight million down.

The bigger issue is what his matches do to everyone else. Look at who he lost to, per his own BadBeat page, and set it against those players' totals on the Biggest Winners board:

Three of the top fifteen "winners" on a cash game leaderboard are there almost entirely because of one opponent, and the matches that put them there were not cash games in any usual sense. Card Player's rundown of Ketola's Triton Jeju week describes them as heads-up freezeouts, and BadBeat itself labels two of the Foxen matches "Sit n Go". When we wrote up the Antonius match, the debate over whether freezeouts belong in cash game record books was already running. BadBeat has picked a side without saying so.

The file is also incomplete. That same Card Player piece lists Ketola matches in Jeju against Elias Talvitie, Kayhan Mokri and Bjorn Li. None of them appear in his BadBeat history, which goes from a Foxen rematch dated September 15, 2025 straight to September 2026. And the currency is off: the Cyprus marathon against Jungleman was played in euros, with PokerStrategy reporting a roughly €13 million win for Cates, yet BadBeat logs it as $12,260,000 under a dollar sign. That single episode is 98.4% of Jungleman's tracked profit (12,260,000 ÷ 12,464,081).

The everyday streams that make up most of the 5,818 episodes are a different animal. But the Ketola file shows that the leaderboards, the part fans will screenshot and argue about, need rules about what counts before they can be trusted.

Who owns the ledger

Two Plus Two began as the forum attached to Mason Malmuth's publishing house, the home of the Sklansky and Harrington strategy books, and for two decades it was where poker's theory, gossip and scandal got argued out. In July 2021 Malmuth sold the forum, then 24 years old with more than 60 million posts, to the Hand2Note team led by Plakhotnyi, a software engineer and former online pro based in Vancouver. The books stayed with Malmuth. The price was never announced; the closest thing to an official figure is Plakhotnyi telling Gambling911 it was "in the seven-figure range", so at least $1 million. He also said then that making money from the forum would not be a priority for a few years. Five years on, the first big new product has a subscription button.

That ownership shapes how the data gets used. Plakhotnyi calls BadBeat an entertainment site, but Hand2Note's own Telegram channel sells the same database as a way to gain an edge in live poker and practise reading tells. The fan following Jungleman and the reg prepping for Friday's stream game are buying the same file. That matters most for smaller streams such as TCH Live Poker in Austin or Champions Poker Live in Houston. A local regular who sat in one of those games agreed to be on camera for a night; now their VPIP is free to browse and every hand they played on stream is $99 away. BadBeat's About page directs players who want changes to their profile to its support address.

Online poker has spent years moving the other way. Sites like Ignition run anonymous tables precisely so nobody can build a long-term file on you. Stream poker now has a permanent index, owned by the company that also owns the forum where poker would normally argue about it.

Sources: BadBeat.tv player pages, leaderboards, About and pricing pages (checked November 8, 2026); BadBeatTV on X; Andrii Plakhotnyi's launch thread on Two Plus Two; Hand2Note Live Poker Database page; Card Player (Triton Jeju, October 2025); PokerStrategy (Onyx heads-up, August 2025); PokerNews (forum sale, July 2021); Gambling911 interview with Plakhotnyi (July 2021).