Daniel Negreanu speaks about Markup and his WSOP plans

After almost a year, Daniel Negreanu uploaded another podcast of his in which he addresses the hot button issues of poker. This time, his focus was the markup scandal that surrounded Johnny Vibes.

Negreanu started his “Full Contact Poker Podcast” on his YouTube channel on March 21st, 2017. Two years later, he’s still at only episode 20. In fact, between the latest episode and the one before almost a full year has passed – the 19th installment was uploaded on May 22nd, 2018.

However, this doesn’t change the fact that “KidPoker” grabbed the mic again to weigh in on a number of subjects.

Randall Emmett’s $1 Million Debt to 50 Cent

He started off by talking about the beef between rapper 50 Cent and producer-poker player Randall Emmett. 50 Cent went on a rant in a series of now-deleted posts on Instagram to call out Emmett about an alleged $1 million debt to him.

Daniel-Negreanu-speaks-about-Markup-and-his-WSOP-plans

Negreanu said Emmettt was actually playing on a live streamed cash game with him when the news broke.

“So I’m sitting here, playing with Randall Emmett. (…) He’s a boisterous, loud guy. But all of a sudden, a couple hours into the game, he started to get real quiet. And I noticed that he’s like texting, and he’s like non-stop texting. (…) And you look at the text, and it’s like ’50 Cent’. (…) Randall left the game with a couple hours left to play.”

Negreanu’s  Engagement

The Canadian poker pro briefly touched on him proposing to his partner, radio host Amanda Leatherman.

Negreanu revealed that he had actually bought an engagement ring to her when they first dated. However, they broke up before he would give to her. Now, they’re back together and engaged.

The WSOP Plan

Negreanu declared that he wants to win WSOP Player of the Year for the second time. That is why he’s willing to play all the events, including the small buy-in large-field tournaments as well.

The Markup Scandal

Last month, poker vlogger Johnny Vibes was heavily criticized for selling a live tournament package at a 1.38 markup to his fans. Many people felt he was taking advantage of them, most notably, Shaun Deeb.

Negreanu, however, is taking the other side of this argument. Here’s what he had to say:

“I don’t believe in this nanny, sissy, pansification state, where we have to protect people from their own investment. If somebody wants to invest money that means something to them, they should do their due diligence before you buy Phil Hellmuth at a 1.8, for example, when he was selling.”

To clarify, a markup is when poker players sell a percentage of their action for more than what is proportionate to the buy-in.

Negreanu then announced he’s selling tournament packages for this year’s WSOP.

He has three tiers: low-roller ($1,500 buy-in and under), mid-roller ($1,501-$10,000), and high roller (over $10,000) packages.

After rattling off what his markup should be on each tier – the most ambitious was 2.5-3 on the low buy-in events – he eventually revealed that he’s charging none. His fans can buy his action at 1.0 odds.

Below, you can watch Negreanu’s podcast in its entirety.

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