A possible concise summary is:
The video is about three friends who play with different hats that they find in a dumpster. Each hat changes their personality and causes them trouble. One of them challenges another to a dart game for their original hat and wins. The third one buys a new hat that he doesn't like.
1. The protagonists, Cody, Caleb, and Joseph, are discussing what they found in a dumpster: a dartboard, a hippopotamus, and a raccoon.
2. They decide to play darts with the dartboard and make bets on who can hit the bullseye.
3. Cody, who has been receiving dart lessons from Gary Anderson, a world champion at dart throwing, wins the bet.
4. Joseph, who did not get any lessons, loses the bet and has to give his hat to Cody.
5. Caleb finds a hat in the dumpster and likes it more than his own. He offers to trade hats with Joseph, but Joseph refuses.
6. Caleb then finds a football helmet in the dumpster and likes it better.
7. Joseph steals Caleb's hat, leading to a confrontation.
8. Caleb eventually gives his hat back to Joseph after a dart throwing competition.
9. Joseph then finds a mask that looks like Dr. Seuss's cat, which he likes more than his own hat.
10. Caleb and Cody play darts for the hats, with Cody winning and Joseph losing his hat.
11. After the game, Joseph finds a hat that looks like a shark, which he likes more than his own hat.
12. Caleb finds a hat that looks like the official elf hat, which he likes more than his own hat.
13. Joseph finds a hat that looks like Spider-Man's mask, which he likes more than his own hat.
14. Caleb finds a hat that looks like a crown, which he likes more than his own hat.
15. Joseph finds a hat that looks like a mask of Joshua, which he likes more than his own hat.
16. After multiple bets and confrontations, Joseph ends up with a hat that looks like a shark, a mask of Joshua, and a crown.