4.9 • 1.2K Ratings
🗓️ 2 June 2025
⏱️ 103 minutes
🧾️ Download transcript
Daniel Negreanu Show notes
Join Eric Worre for an in-depth conversation with poker legend Daniel Negreanu as they explore the evolution of professional poker, the psychology of high-stakes competition, and the entrepreneurial lessons hidden within the game. From transforming the World Series of Poker to the mental strategies that separate champions from amateurs, Daniel shares insights from his decades at the top of the poker world. This fascinating discussion covers everything from the economics of million-dollar tournaments to building wealth beyond the felt, plus Daniel opens up about his personal journey toward starting a family and finding fulfillment beyond achievements.
TimeStamps
[00:02:45] - The Daily Vlog Decision- Why Daniel started documenting his World Series experience and the behind-the-scenes production
[00:04:20] - YouTube Algorithm Challenges- Platform restrictions affecting poker content creators and age-restriction mysteries
[00:07:33] - Modern Poker Learning Advantages- Why today's players have unprecedented opportunities compared to the "Wild West" era
[00:08:30] - The Jesse Lowndes Phenomenon- How creativity and talent can triumph over computer-based study methods
[00:11:30] - The Luck Factor Reality- Why tournament results don't always reflect player skill and the role of variance
[00:15:18] - High Stakes Economics Truth- The financial reality behind million-dollar buy-ins and backing arrangements
[00:18:00] - Triton Series Sustainability- What keeps ultra-high stakes poker afloat and the crypto connection
[00:22:45] - Battle of the Ages Format- Innovative tournament structures separating players over and under 50
[00:25:51] - World Series Investment Strategy- Daniel's $2.1 million budget and 25% stakeholder sharing approach
[00:30:00] - Stage-by-Stage Tournament Strategy- Coaching approach from data collection to bubble play and final table tactics
[00:40:08] - ICM and Leverage Dynamics- How chip stacks create psychological pressure and strategic advantages
[00:56:17] - Speech Play Mastery- The psychology behind verbal manipulation and Daniel's famous techniques
[1:03:15] - Substances in High Stakes Poker- The role of marijuana, Adderall, and other performance enhancers in professional play
[1:07:21] - Chess and Strategic Thinking- How chess relates to poker strategy and the meditative aspects of both games
[1:11:13] - Building Wealth Beyond Poker- Daniel's abundant mindset and diversified income streams outside tournament play
[1:18:08] - Future of Poker and AI- How technology will reshape the game and the coming cat-and-mouse game with cheating
[1:29:09] - Online Poker Regulation- The frustration with US restrictions and the potential for future growth
[1:36:02] - Life Beyond Goals- Transitioning from achievement-focused living to contribution and family priorities
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Click on a timestamp to play from that location
0:00.0 | So this is the thing, right? The huge misconception people have, right? They think like, oh, this guy's |
0:04.8 | winning, he must be the best, right? This guy's losing, he must. So what, Adrian Mateo's won everything |
0:09.7 | last year? He didn't win anything to try it. Is he bad now? Jason Coon, who won everything, |
0:13.3 | he didn't win anything for a while. He won again recently. Like, is he just bad now? No, No. What people don't realize is luck plays a major role. How you do in these spots where you're |
0:22.1 | essentially flipping a coin that either A puts you in the dominant position or you're gone. |
0:27.1 | Lose five of those in a row. That's not, that's just the card spitting in your face. There's literally |
0:31.3 | nothing you can do about it. So what you'll see is let's say you took 40 balls and you put them in a bingo thing, right? And they're all equal. |
0:38.5 | Let's say they're 40 pros. Let's say they were all equal. They're not. And you pick out three, |
0:43.4 | right? And you do it 50 times. Oh, man, that four ball. That four ball is good. The four balls just |
0:49.0 | running hot. You know what I mean? And like it all evens out for the most part in the end, but people put far too much |
0:55.1 | emphasis on results. And they see, oh, this guy won three and he must be the best. But that's |
1:00.6 | not how poker works. You know, you can be the best and lose for long period. |
1:04.6 | Welcome to the Excellence Project. My name is Eric Worry. And today I have poker legend Daniel |
1:10.3 | Negrano. He is about to embark on a epic world series |
1:15.7 | of poker journey as he does every year. So we decided to sit down with him and talk about what he |
1:21.7 | was going to do through his world series of poker, his journey in life, his goals, his aspirations, what's happening with his family, |
1:29.7 | everything and anything. |
1:31.5 | We had that great conversation. |
1:33.0 | I think you're going to enjoy it. |
1:34.2 | Whether you're a poker player or not, there's a lot of lessons in life inside of this |
1:38.5 | conversation. |
1:39.2 | So with no further ado, let's jump into my conversation with Daniel Negronin. |
... |
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