Daniel Negrino, one of the most important names in the history of the sport, had another tough summer in Las Vegas. For the second year in a row, the GGPoker ambassador ended his participation in the WSOP at a huge financial loss, prompting a new edition of Freak Fridays.
Negreanu’s last bracelet was 10 years ago at the WSOP Europe.
Believe it, $742,807 lost! Who knew Canadians would suffer such a setback for the second year in a row? And it bounced back, up $806,553 in the first month of the series.
The odd thing about all of this is that despite the loss, Negreanu still had a good run. Finished 18th in the Player of the Year rankings, beating even champions like Brian Rast.
It’s not all bad news, though: Daniel is one of the most profitable players in the world. The series, 20 ITMs to be exact, is just five behind Mike Holtz, who set a new cash record of 25 in WSOP history. However, none of these losses were enough to offset the losses. His biggest cash was $101,149 for a 14th place finish in the US$50,000 Event #84 HIGH ROLLER No-Limit Hold’em, which wasn’t enough to turn disaster around.
This unfortunate incident is nothing new to Negreanu. Last year, he also underperformed at the 2022 WSOP, losing even more, $1,104,028. But since then, the company has staged an epic comeback, bringing in nearly $4 million in revenue by the end of 2022. Maybe next year will be different, and he’ll have the good luck again in 2021, ending up with a $400,000 profit.
Poker is truly an emotional roller coaster, and Negreanu is a perfect example of that. He shows this in his hilarious vlogs, where he documents all his ups and downs. If you haven’t seen the chapter, we recommend it: The Canadian gave it all for his seventh bracelet, giving away some of the best poker vlog content in recent memory.
The entry is from the US 300 bis $250,000, and his total cost for the 2023 WSOP is $918,000, which means if you look at the glass half full, he didn’t spend his entire original budget. DNeg is clearly playing within his budget, as he has a live prize pool of over $46 million according to HendonMob, as well as other endorsement deals and various offers that allow him to sleep without a blanket protocol.