Daniel Negreanu Joins $50M Poker Club
It happened during the PokerGO Cup in Las Vegas. Daniel Negreanu was playing the first series on the PokerGO Tour in 2023. The PokerGO Cup provided a series of high-stakes tournaments on the Vegas Strip, a solid opportunity for high rollers to start their year off with some big wins.
Negreanu didn’t win a PokerGO Cup event this time. However, he finished 12th in the first one for $18K and eighth in the sixth event for $50K. It was Event 7 of the PokerGO Cup, though, that did the trick. It was a $25K buy-in No Limit Hold’em event, and Negreanu finished third for $124K.
That did it.
And with his 3rd place finish in PokerGO Cup Event #7 for $124,000, @RealKidPoker pushes to over $50,000,000 in live tournament earnings!
🎉🎉🎉 Congratulations Daniel!!! 🎉🎉🎉 https://t.co/GrLZjbnTFP pic.twitter.com/ONuvpl25tO
— PokerGO (@PokerGO) January 20, 2023
Negreanu’s all-time live tournament earnings jumped to $50,116,496.
An Elite Club
Negreanu has been accumulating tournament cashes since 1997, when he cashed a $200 buy-in event at the Orleans Open in Las Vegas and won his first tournament at Heavenly Hold’em in Los Angeles, a $200 buy-in event for which he won $18,800.
Since that time, he has won six World Series of Poker bracelets, two World Poker Tour Main Event titles, and won tournaments in nearly every series he’s played. He has been the Player of the Year at the WSOP and WPT, for the Card Player POY race, and the GPI Player of the Decade (awarded in 2014). Also in 2014, the Poker Hall of Fame inducted Negreanu.
Now, Negreanu sits in the elite group of three poker players who’ve earned more than $50M in their live poker careers.
- Justin Bonomo = $58,954,124
- Bryn Kenney = $57,221,865
- Daniel Negreanu = $50,116,498
Next in line is Stephen Chidwick with $44.6M, and Erik Seidel and Jason Koon each claim more than $42M. And David Peters shows himself at $41.7M.
It should be noted that none of these players claim that they took home those amounts of money. A solid amount is consistently reinvested in more tournaments and sometimes in cash games. There are also staking deals, swaps, and expenses to play, none of which factor in to these totals.
For example, Negreanu’s own records showed that he earned $4,875,609 in 2022 (Hendon Mob database shows $4,749,574). Of that, he spent $3,224,564 on buy-ins. That left him with a profit – not including staking, swaps, and expenses – of $1,625,545. That is just one example of how real-life earnings will never reflect the exact Hendon Mob statistics.
2022 in the books:
Cash % 21.5
Avg Buy in $30,136
Buy ins $3,224,564
Below all totals since 2013:
— Daniel Negreanu (@RealKidPoker) December 26, 2022
That doesn’t diminish the $50M accomplishment in any way. It only shows the reality behind the numbers that are hard for most people to even fathom.