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Daniel Negreanu's very own containment thread. All things Danny go here Daniel Negreanu's very own containment thread. All things Danny go here

11-19-2021 , 08:50 PM
What's a reasonable number? What are you factoring into that value?

Quote:
Originally Posted by PokerGoats
His tournament ROI is not anything remotely in that stratosphere
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-19-2021 , 08:54 PM
He'll be worth 30 mil when Amanda leaves him.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-19-2021 , 08:56 PM
Love the blog but hate the way the house is decorated.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-19-2021 , 09:40 PM
Quote:
Originally Posted by lwlee
$44 million tournament earnings
Subtract $25-$30 million in buy-ins, then there's a thing called taxes, that's at least 30% of net profits,

I very much doubt Negreanu has netted $10 million in his life from his tourny "earnings".

Quote:
+ $40 million sponsor deals
Again, subtract taxes, and agent fees.

How about his life expenses and hairplugs? That's gotta be $2 mill a year.

I doubt Daniel has $10 mill to his name, which still puts him in the top .1% of poker players.

Quote:
Originally Posted by IhateJJ
He'll be worth 30 mil when Amanda leaves him.
"In the poker game of life, women are the rake" Source: Rounders
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-19-2021 , 09:53 PM
Hmmm, so you saying most poker pros will only net 23-25% ROI? $10 of $44 = 23%.

He lives in Vegas so state income taxes are more advantageous.

14 years x $4 = $64 mil x 70% (30% taxes) = $45 mil. So $45 + $10 = $55. Even if expenses are $2 mil or $28 mil over 14 years, dude still got $27 mil in the bank. Give or take any other winning or losing "investments".

What it does go to show, is that DNegs "personality" which netted him the sponsorship deals was the real winner in his life. $45 mil > $10 mil. Poker life sucks as a profession huh?

Quote:
Originally Posted by iwasbanned
Subtract $25-$30 million in buy-ins, then there's a thing called taxes, that's at least 30% of net profits,

I very much doubt Negreanu has netted $10 million in his life from his tourny "earnings".


Again, subtract taxes, and agent fees.

How about his life expenses and hairplugs? That's gotta be $2 mill a year.

I doubt Daniel has $10 mill to his name, which still puts him in the top .1% of poker players.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-19-2021 , 10:20 PM
I watch maybe 10-20% of his vlogs each WSOP. A couple things strike me: His game selection seems bad and he rarely seems to admit mistakes (any type of bad result is invariably down to bad luck). At some point "ball don't lie" and if you are consistently falling short of your goals then there's probably something in your process that's flawed enough to be costing you. That kind of brings me back to my first point: He almost exclusively plays the toughest events at the WSOP. He's in every $10k against all the specialists in those variants. I bet he's very good at some of these games, but if you are the 6th best player in the world and you only sit with the top 5, you are not going to prevail very often.

I'd be really curious to hear an unfiltered take on how those high-stakes mixed game wizards view him. I bet they view him as a tough player, but also merely an upper-middle-class type of guy in these brutal $10k fields. His results kind of point towards that being his place in that ecosystem, though variance can't be totally ignored. Still, you see so many of these guys winning multiple bracelets in a year and then you look at his long drought, and maybe Occam's razor says he's just not quite strong enough in some of these games to have a great shot at the podium even if the starting fields are around 100 runners.

His ROI would skyrocket if he focused on the lower buy-in, bigger fields. I'd like to see him grind an entire WSOP playing the bottom half of the daily schedule instead of the top half, but he seems disinterested in that world. Maybe because the stakes are too low, he doesn't want to mingle with all those recs all day, and the large fields make the bracelet seem too unlikely. Totally understandable. In his position I'd probably do what he does. But if we are talking ROI, I'm going to go out on a small limb and say that playing $5-10ks every day against the best players in the world at those variants is not going to yield the best return.

With all that being said, he seems quite good in these high roller NLHE events, and is in with a real chance right now in the $250k. A good result here can flip his whole WSOP, much like 2019.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-19-2021 , 10:20 PM
Quote:
Originally Posted by lwlee
Hmmm, so you saying most poker pros will only net 23-25% ROI?
In the end, most poker 'pros' go broke.
I doubt any Poker pros have an ROI anywhere near what you typed, in the long run.

Quote:
Poker life sucks as a profession huh?
For most people, it does.
You do know most 'poker pros' disappear after awhile?

Poker life has been very good to Daniel, he is the rare exception.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-19-2021 , 11:07 PM
Quote:
Originally Posted by DogFace
I'd be really curious to hear an unfiltered take on how those high-stakes mixed game wizards view him. I bet they view him as a tough player, but also merely an upper-middle-class type of guy in these brutal $10k fields. His results kind of point towards that being his place in that ecosystem, though variance can't be totally ignored. Still, you see so many of these guys winning multiple bracelets in a year and then you look at his long drought, and maybe Occam's razor says he's just not quite strong enough in some of these games to have a great shot at the podium even if the starting fields are around 100 runners.
Yeah, he really seems to have a sense of misplaced confidence in his abilities in these mixed-game higher buy in events. I think part of his problem is he's not making significant adjustments from how he's learned to play these games and modern limit tournaments. One of the things I've observed in these tournaments is the good players tend not to entangle themselves in too many tricky situations when stacks are still deep. Especially in games with 4-5 betting streets like TD and the stud variants, it's very easy to bleed T$ without realising you're doing anything wrong and he often seems to end up very short very quickly.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-19-2021 , 11:37 PM
Quote:
Originally Posted by lwlee
I originally posted this in the $250k High Roller WSOP thread but thought in case DNegs was reading this thread, he could confirm. Should I say suck it haters?
I don’t think any of Daniel’s haters would deny he’s wealthy.

And of course he reads this thread. But I doubt he’d out himself (wink, wink) by posting.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-19-2021 , 11:51 PM
Quote:
Originally Posted by DogFace
I watch maybe 10-20% of his vlogs each WSOP. A couple things strike me: His game selection seems bad and he rarely seems to admit mistakes (any type of bad result is invariably down to bad luck). At some point "ball don't lie" and if you are consistently falling short of your goals then there's probably something in your process that's flawed enough to be costing you. That kind of brings me back to my first point: He almost exclusively plays the toughest events at the WSOP. He's in every $10k against all the specialists in those variants. I bet he's very good at some of these games, but if you are the 6th best player in the world and you only sit with the top 5, you are not going to prevail very often.

I'd be really curious to hear an unfiltered take on how those high-stakes mixed game wizards view him. I bet they view him as a tough player, but also merely an upper-middle-class type of guy in these brutal $10k fields. His results kind of point towards that being his place in that ecosystem, though variance can't be totally ignored. Still, you see so many of these guys winning multiple bracelets in a year and then you look at his long drought, and maybe Occam's razor says he's just not quite strong enough in some of these games to have a great shot at the podium even if the starting fields are around 100 runners.

His ROI would skyrocket if he focused on the lower buy-in, bigger fields. I'd like to see him grind an entire WSOP playing the bottom half of the daily schedule instead of the top half, but he seems disinterested in that world. Maybe because the stakes are too low, he doesn't want to mingle with all those recs all day, and the large fields make the bracelet seem too unlikely. Totally understandable. In his position I'd probably do what he does. But if we are talking ROI, I'm going to go out on a small limb and say that playing $5-10ks every day against the best players in the world at those variants is not going to yield the best return.

With all that being said, he seems quite good in these high roller NLHE events, and is in with a real chance right now in the $250k. A good result here can flip his whole WSOP, much like 2019.

DNegs is much better at mix games than the general public understands, and these 10k fields are a lot softer than people think. There are very few “specialists”. I would happily swap with Daniel in every 10k
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 12:01 AM
i heard daniel on a stream talking about buying a private plane, i would imagine he has much more than 10m.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 12:29 AM
Yeah, the site that you say is questionable has said Gus Hansen had to get a job as an accountant.

Who's next? Durrrr?

Gus Hansen: From a Poker Prodigy to Losing it All

Also I realized my calculation wasn't Return On Investment (ROI) rather Actual Return On Winnings so the $10 mil should be divided by total buy-ins. But yeah, poker life is tough.


Quote:
Originally Posted by iwasbanned
In the end, most poker 'pros' go broke.
I doubt any Poker pros have an ROI anywhere near what you typed, in the long run.


For most people, it does.
You do know most 'poker pros' disappear after awhile?

Poker life has been very good to Daniel, he is the rare exception.

Last edited by lwlee; 11-20-2021 at 12:34 AM.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 01:06 AM
DNegs just flat-called a raise with AA, lost to JTos for a ****-ton of chips lmao.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 01:22 AM
If Gus Hansen is actually working as an accountant now then that's some epic level degeneracy over his lifetime considering just how much money he had

Poorly sourced article though (ie no sources at all)

Impressive to actually be an accountant though, it's not a shabby job, wouldn't think he had a degree
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 03:06 AM
Quote:
Originally Posted by TheFly
DNegs just flat-called a raise with AA, lost to JTos for a ****-ton of chips lmao.
His blog tomorrow will explain why that was the right way to play the hand
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 04:48 AM
Quote:
Originally Posted by DeathDonkey
DNegs is much better at mix games than the general public understands, and these 10k fields are a lot softer than people think. There are very few “specialists”. I would happily swap with Daniel in every 10k
Thanks. I appreciate the perspective.

It's hard to parse this stuff as someone who plays clown stakes and never dabbles in that mixed game world.

I don't doubt that he's very good at a lot of these games. To an outsider, these fields look very tough though.

For example, it's hard to believe that bad razz players can scrounge up $10k to play a razz event, but I guess there's still some value in every MTT.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 07:41 AM
Quote:
Originally Posted by iwasbanned
Subtract $25-$30 million in buy-ins, then there's a thing called taxes, that's at least 30% of net profits,

Again, subtract taxes, and agent fees.

How about his life expenses and hairplugs? That's gotta be $2 mill a year.

I doubt Daniel has $10 mill to his name, which still puts him in the top .1% of poker players.
You covered the liabilities part of the ledger there, but neglected the assets part. With Daniel starting his lucrative partnership with Stars back in 2007, and building wealth through it and his poker winnings, sale of Full Contact Poker, and other revenues, he MAY have invested a lot of money, some of it invested for over a decade. And what a decade for investing it's been, with stocks on a near uninterrupted and massive bull run post-financial crisis (Apple shares for instance are up 8-fold over the past 10 years), and crypto making multimillionaires out of new college grads.

The bottom line is that the speculation over Daniel's net worth is a game of incomplete information, and the incomplete parts are very big.

Last edited by namisgr11; 11-20-2021 at 07:47 AM.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 07:57 AM
it's very obvious that unless he's particularly bad with money he's worth a lot
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 08:54 AM
Or Gus Hansen is trolling everyone.





Quote:
Originally Posted by Loctus
If Gus Hansen is actually working as an accountant now then that's some epic level degeneracy over his lifetime considering just how much money he had

Poorly sourced article though (ie no sources at all)

Impressive to actually be an accountant though, it's not a shabby job, wouldn't think he had a degree
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 04:56 PM
watching his latest vlog now. love him, hate him or neutral pretty sure about 99.9% of the worlds population would trade places with him, he's got a pretty sweet gig.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 08:04 PM
His fans probably bought the bs on that hand quiz. I would bet a lot of money he didn't pull those two bluffs off. Guy is playing like a $3.30 reg playing his first $22 and suddenly makes those plays? The same guy who doesn't value bet pair of K's on the river because his range is capped and the villain could raise with any two? His analysis made no sense, it's like he didn't have an option to call that bluff raise.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-20-2021 , 09:14 PM
Yea, also same guy who “OMG I have KK”, lets pile in 150+bbs in Level 2 of Main Event vs. an unknown oldish rec player who made a 7x size 4-bet (in other words, “I have AA Daniel!). Lmao.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-21-2021 , 12:45 AM
If Negreanu wins this $50k PLO, he will have made out very well for himself at this year’s WSOP.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-21-2021 , 01:00 AM
^^^ Yes, Daniel could really use this win.

Daniel hasn't won a WSOP Bracelet in Las Vegas in over 13 years, so 'close but no cigar' does nothing for him.
Daniel Negreanu's very own containment thread. All things Danny go here Quote
11-21-2021 , 01:14 AM
Daniel is definitely going to be in the black after this $50k plo
Daniel Negreanu's very own containment thread. All things Danny go here Quote

      
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