Daniel Negreanu Reaches $50 Million in Live Earnings; How much did he really earn?

daniel negreanu poker

Daniel Negreanu He finished third in a tournament on Thursday for $124,000 PokerGO Cup $25,000 purchase. In doing so, he became the third player to reach the 50 million cash mark in a live tournament.

According to Ambassador Hendon Mob GGPoker he now has $50,116,496 in winnings under his belt. Alone Bryn Kenney ($57,221,865) and Justin Bonomo ($58,954,124) has more. Stephen Chidwick is currently in fourth place with $44,665,132, second place Eric Seidel He took second place in the PokerGO Cup for $42,441,244.

Negreanu finished third in tournament #7, a no-limit hold’em event, a day after checking in eighth place in tournament #6, as well as in the NLH tournament ($50,000).

Check out our player profile on Daniel Negreanu here!

How much is his $50 million poker win really worth?

Daniel Negreanu

Hendon Mob is the main database for tournament results, but since it is almost impossible to calculate profits, the data only includes cash. But Negreanu has always been open with his results. During his annual vlogs World Series of Pokerhe keeps track of his gains and losses throughout the summer.

Last year, he easily lost $1.1 million and failed to win a bracelet for the ninth year in a row. His sixth and final WSOP title came in 2013 WSOP Europe and he hasn’t won a bracelet in Las Vegas since 2008.

Last month, the Poker Hall of Famer shared his earnings total since 2013. According to his estimates, he has earned just over $13 million over those nine years (excluding 2020). due to COVID).

But if we add in the $13 million he’s earned since 2013, the $4 million he earned in 2004, and average annual earnings from 1997 to 2012 (minus 2004) of between $100,000 and $200,000 if we get, we come to such a conclusion. It varies between 18-22 million dollars.

Times have changed

While Negreanu’s results at Hendon Mob are at their peak since 2013, it is likely that his return on investment (ROI) has decreased compared to previous years. That’s not to say he’s a better poker player ten years ago—far from it—but these days there are bigger buy-in tournaments and those events appeal to smaller fields.

Probably his best year in terms of payback was 2004, when he took out $4.4 million. But back then, there weren’t many tournaments with buy-ins over $10,000. As Negreanu explained, his buy-ins that year were about $250,000, meaning he won $4 million or more.

Compare that to last decade, when he averaged less than $1.5 million in annual earnings, and in 2014, he earned $7.1 million thanks to his second-place finish. Daniel Colman for $8.3 million at the event WSOP Big One for One Drop $1 million purchase.

These $1 million or even $50,000 tournaments didn’t even exist in the 2000s. Today, high roller tournaments are countless. Negreanu said WSOP buy-ins totaled $20.5 million from 2013 to 2022, or an annual average of $2 million. In recent years, he has limited his tournament activity to WSOP and World Cup events. World Poker Tour In Las Vegas as well as tournaments PokerGO Tour.

All-Time Live Poker Tournament Money List Leaders

Square Player Total Earnings Total cash in Hendon Mob
1 Justin Bonomo $58,954,124 216
2 Bryn Kenney $57,221,865 187
3 Daniel Negreanu $50,116,496 436
4 Stephen Chidwick $44,665,133 272
5 Eric Seidel $44,241,244 367
6 Jason Koon $42,387,725 188
7 David Peters $41,780,032 330
8 Dan Smith $39,390,859 177
9 Mikita Badziakouski $38,302,022 122
10 Phil Ivey $38,281,867 197

Let’s take a look at Negreanu’s career

daniel negreanu poker

outsideEric Seidel and Phil Hellmuthno one has been this consistent in live tournaments in the last 20 years.

A few months before his 24th birthday, he won his first WSOP bracelet in 1998, a $169,460 prize money, his first six-figure score. A year later, he won the television championship US Poker Championship Atlantic City with a $7,600 purchase for $210,000. By 2003, he had a lot of six-figure tournament winnings in 2023, which doesn’t seem like a big deal, but back then the fields were smaller and so were the buy-ins.

In the 1990s and early 2000s, banking $1 million a year was a rare feat, something only the winner of the WSOP Main Event could achieve.

When the poker boom began in the mid-2000s, payouts began to increase along with the size of the fields. There were also tournaments over $10,000 and juicier. He won two bracelets in 2003, 2004, 2008 and 2013, and was named WSOP Player of the Year in 2004 and 2013, and most recently in 2019. results are not recalculated.

The tournament landscape has changed for high-stakes players, and so have Negreanu’s winnings. He began playing regularly in $25,000+ tournaments, mostly in smaller events, but against the best players in the world. Except for 2016 and the year of COVID (2020), he has earned more than $1 million every year since 2011 and 14 times in his lifetime.

In October 2022, he achieved his second highest score — 3.3 million dollars – by winning Super high roller bowl A $300,000 shopping spree in Las Vegas, the only city where he plays poker today.

A third of Negreanu’s total winnings have come in just five tournaments (see below). But even without those tournaments, he still won $33 million, which would have put him in the top 15 of all time on the Hendon Mob leaderboard.

Negreanu’s five greatest results

year Tournament Square The result
2014 $1,000,000 WSOP Big One for One Drop 2 $8,288,001
2022 $300,000 Super High Roller Bowl 1 3 million 312 thousand dollars
2018 $300,000 Super High Roller Bowl 2 $3,000,000
2004 $15,300 WPT Five Diamond World Poker Classic 1 $1,770,218
2019 $100,000 WSOP High Roller 2 $1,725,838

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