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Daniel Negreanu: Poker | Lex Fridman Podcast #324
And the fascinating thing too, when you shuffle,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
usually you don't rotate the cards
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
so that you can see the sort of
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
detect which cards are the strong cards by marking them
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
by through rotating them.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
And the way you know they're rotated
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
is because of the pattern imperfections.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Yeah, so some of the cards, like you said,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
like they had that pattern on it
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
and some of them, this was faulty cards on there,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
were not cut properly.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So like the eights and nines had the card cut differently
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
and those are important cards in this game,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
the eights and nines or whatever.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So you could essentially,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
from looking at the back of the card,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
discern what it's gonna be.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
You do nothing in terms of like cheating yourself.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
You're not rigging the game.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
All you're doing is taking advantage of the fact
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
that you're playing, you've offered me cards
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
that are faulty.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Can I just say that, of course, it would be Phil Ivey,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
who's the goat at the normal game
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
who will figure out this particular thing.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
I mean, that's what, if you're into soccer,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
this Diego Maradona has that famous hand of God
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
in the World Cup where he scores a goal with his hand.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
And so, of course, the referee didn't see it.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
They thought it was a header.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So, I mean, part of the magic of the genius
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
of the people at the top of the game
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
is they're able to exploit all the flaws that are there.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
That's a beautiful thing to see.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Well, see, Phil had, in his heyday,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
he had, he exploited weaknesses in casinos,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
systems all over the country.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Like in one night, I don't know if you know this story.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
In one night, he would take a plane, a private plane,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
and fly to 30 different casinos all over the country.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Cause he would have these deals where they're like,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
all right, we've got this big rich sucker
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
who's gonna come here and play craps
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
and he's gonna lose all our money.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So he'd have this deal with one of the casinos
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
where they'd be like, all right,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
you get 20% back up to half a million, right?
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So if you lose half a million, we'll give you back 100K.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So he'd go to one casino in Tunica,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
he'd play half a million, win, win or lose, he would leave.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
They think they're gonna get him to stay,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
they get him a big room or whatever.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So let's say he goes to Tunica, he loses half a million.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Now he goes, he flies to Atlantic city,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
he wins half a million.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
He lost half a million and won half a million,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
but he got 100,000 back.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So he's actually plus 100,000.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Do that at 10 casinos a night,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
you're making a million dollars in free equity.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
And they would give him promotional chips
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
and all these kinds of things and free flights
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
and stuff like that.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So he took advantage of the image
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
that they're trying to exploit.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So this is why I don't have any empathy for these casinos.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Cause they're giving you free drinks,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
they're giving you, why do you think they're doing that?
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
The kindness of their heart.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
They're trying to exploit you.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So guess what?
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
You lost at your own game, pay the piper.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
And I think it was crazy.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Cause the judges in his case said,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
he did not cheat, but yeah, it's probably not right.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Hold on.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
You just said he didn't cheat.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
That should be the end of the case.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
And then the casinos do the funny thing.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
I mentioned to you, I was just at the UFC
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
and Dana White is a huge gambler.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
She's a blackjack gambler.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
And there's that famous situation
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
where you got kicked out of a casino
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
and the casinos do that kind of thing
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
when you win too much.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So he won some ridiculous amount of money.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
He bets like, I mean, he plays like millions of dollars
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
on hands of blackjack, it's insane.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
And so he won really big and he got kicked out.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
Was he counting?
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
No, no, he wasn't counting.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So counting in blackjack here in Las Vegas
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
is like the only game where they actually
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
can ask you not to play.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
So like basically if you're counting cards, right?
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
You could potentially have an edge in blackjack
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
and there are some professionals who do that,
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
but they get caught pretty quickly.
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Daniel Negreanu: Poker | Lex Fridman Podcast #324
And then they say, you can play craps,
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