Daniel Negreanu Betting Big on 2020 WSOP Bracelet Win

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Daniel Negreanu is hunting for bracelets and action in the 2020 WSOP.

In 2020, the action of the World Series of Poker looks to be taking place entirely online. And as he has been in years past, Daniel Negreanu is here for all of it.

Last week it was announced that the 2020 World Series of Poker was pivoting to a schedule of 85 online gold bracelet events in response to the live summer series indefinite postponement. The first half of the schedule offers 31 bracelets to online players in Nevada and New Jersey on WSOP.com. The remaining 54 bracelet events will be taking place on GGPoker where, for the first time, players outside the U.S. can compete in a WSOP online event.

Negreanu, a devout believer in the WSOP brand and current GGPoker ambassador, has not only announced that he’s planning on competing in the entire series but he also inciting additional action with a brand new bracelet bet where he’s publicly offered to take on all comers.

As explained, the bet pits Negreanu versus any bettor who can choose any player they’d like to win a bracelet. It’s ‘must-win’ bracelet bet, and Negreanu is taking up to $100,000 worth of action against any given player. If both players win a bracelet, the bet is a push – the same if neither takes one down.

The bet also has an interesting caveat that it’s not just for the online series, but it’s for the rest of the calendar year. That means that if the WSOP decides to hold any live events in Las Vegas in the fall, those will count. As would any bracelet events that take place at the King’s Casino in Rozvadov or any other unspecified alternate locations.

Within 24 hours of offering the bet, Spring Championship of Online Poker record-setter Connor Drinan was officially maxed out. The next day, 2018 Poker Masters champion Ali Imsirovic was also off the board, in what looks like a case of a player picking himself against Negreanu.

That’s not the only way Negreanu is looking to drum up action. He’s also putting up to a total of $1 million at 2.5 to 1 that he finally captures bracelet number seven in 2020.

He instantly picked up action from all corners of the poker community including booking smaller bets in his replies against pros Daniel Strelitz and Eoghan O’Dea.

Some money may be on the sidelines, waiting to see what the GGPoker schedule of bracelet events will look like. The WSOP.com schedule is complete with a bracelet event being offered every day throughout the month of July. The entire GGPoker schedule has yet to be completely unveiled, as the online operator has indicated that the schedule will be rolled out a little at a time, perhaps week by week in the summer.

Whatever the second-half schedule turns out to be, Negreanu plans on being there for it. As mentioned on the DAT Poker Podcast, Negreanu has already set up a poker pad in Mexico with all the amenities he needs to grind from August through the end of the series in the second week of September.

Going big for the World Series of Poker is nothing new for ‘Kid Poker’, who has been betting big and bringing fans on his WSOP journey for some time now. Just last year, Negreanu offered fans the ability to purchases pieces of his entire WSOP schedule. When all was said and done, Negreanu had profited over $2 million over the course of the series and, according to him, made his investors over $481,000. His daily WSOP vlogs have also been a huge hit with fans, with each video routinely getting over 100K in views.

Additionally, this will not the first time that Negreanu has been involved in a high-profile bracelet bet. In 2018, Negreanu went looking for high-stakes bets of $25,000 that either he or Phil Ivey would bink and bracelet. Neither of whom booked a win that year.

Bracelet bets have long since been a part of World Series of Poker culture. Some of the most exciting moments of the WSOP gripped the poker world when it was known that there is huge money on the side.

It was just four years ago that Jason Mercier nearly won a 180:1 bet on $10,000 against Vanessa Selbst that he would win three bracelets in a single summer. Within a week, Mercier took down two bracelets and a runner-up finish. Mercier came close but didn’t cash in on the bet. He did, however, take down the 2016 WSOP Player of the Year honors.

Perhaps the most exciting post-poker boom bracelet bet belongs to Tom Dwan. Many in the poker community was feverishly anti-sweating Dwan when he was heads up in a $1,500 NLHE bracelet event against Simon Watt. It was rumored that Dwan would have won upwards of $12 million if he earned his first bracelet on that day in 2010 with players like Phil Ivey, Eli Elezra, and Negreanu himself on the other side of the bet with seven-figure sums at risk.

This year, Negreanu is the one hoping to make his opponents sweat. By taking on a number of $100K heads-up bets, should he win an online bracelet, the windfall for him would be exponential.

The World Series of Poker online events begin on July 1 on WSOP.com and expand onto GGPoker on July 19.