It came down to the final week of the 2021 World Series of Poker but, in the end, Daniel Negreanu dug himself out of a half-million-dollar WSOP hole and booked a win for himself and more than 300 supporters who purchased a piece of his series-long staking package.
“I give people a chance to take the ride.”
Two months ago, Negreanu announced that he would, once again, be offering shares of his entire WSOP campaign. He was honoring a promise to those fans who missed out on his 2019 campaign and had yet to have an opportunity for a series-long sweat. He gave those people the chance to “take the ride” with him at the WSOP. And what a ride it was.
Starting with WSOP Event #2 ($25,000 H.O.R.S.E.) Negreanu dedicated himself to a non-stop grind. He fired in 46 of the scheduled 88 live events, plus all 10 of the online events. He posted a total of $1,052,773 in buy-ins (of $1,627,484 potential) and, in the end, cashed in 18 of the 56 events – a 32% in-the-money record for the series.
Daniel Negreanu’s 2021 WSOP Cashes
|Event #2 - H.O.R.S.E.||$25,000||10th||$46,002.00|
|Online Event #2 - WSOP.com Big 500||$500||53rd||$1,536.48|
|Event #20 – GGPoker Flip & Go Live||$1,000||124th||$2,155.00|
|Event #21 – Mixed PLO 8/O8/Big O||$1,500||18th||$6,846.00|
|Online Event #3 – NLHE Ultra Deepstack||$400||45th||$1,660.00|
|Event #25 – 6-Handed NLHE||$5,000||22nd||$21,838.00|
|Event #28 – PLO 8-Handed||$1,000||140th||$1,603.00|
|Event #32 – H.O.R.S.E.||$3,000||8th||$17,526.00|
|Online Event #4 – PLO Crazy 8's||$888||56th||$1,545.12|
|Event #36 – Dealers Choice 6-Handed||$10,000||9th||$25,741.00|
|Event #47 – NLHE 8-Handed Freezeout||$5,000||32nd||$11,601.00|
|Online Event #5 – NLHE Championship||$1,000||96th||$1,614.06|
|Event #49 – No Limit 2-7 Lowball||$10,000||8th||$32,162.00|
|Event #60 – Poker Players Championship||$50,000||9th||$91,595.00|
|Online Event #6 – NLHE||$666||64th||$1,420.02|
|Event #80 – PLO 6-Handed||$3,000||50th||$5,648.00|
|Event #84 – PLO High Roller||$50,000||3rd||$519,764.00|
|Event #85 – NLHE High Roller||$50,000||3rd||$661,041.00|
The total of those cashes adds up to $1,451,297.68. But there’s a bonus $500 added in from a bounty captured from Event #71 making the total $1,451,797.68 – a profit of $399,024.68. When that is added to the unplayed amount collected at the beginning of the stake ($574,711) the end result is a profit for backers of 24.52%.
A complete breakdown of every event I played with any reentry totals as well as a breakdown of what those that bought a piece of the overall package will receive:https://t.co/QYjifZe5ys
— Daniel Negreanu (@RealKidPoker) November 25, 2021
So, for every $20 investment, there was $24.90 returned. For those who put in the maximum amount upfront of $1,000, they took home $1,245.18.
The Million Dollar Swing
When Negreanu first offered the action this year he decided to forgo the High-Medium-Low tier of investments that he used in 2019 because “I want all of us to win together, or…if I lose, we all lose together.”
That turned out to be beneficial for all Negreanu’s backers. As the series was coming to a close, Negreanu was looking at a near half-million deficit. The entire stake was riding on a series of high rollers – two $50Ks, a $100K, and the $250K Super High Roller. The buy-ins alone could have pushed Negreanu under $1 million if he wasn’t able to make something happen.
But after picking up a small cash in Event #80 ($3,000 PLO), Negreanu rode that momentum into Event #84 ($50,000 PLO High Roller). He busted his first bullet but fired again, and this time he shot straight. He took his second chance all the way to the final table. It looked like he might capture bracelet #7, but after some hands didn’t go his way, he bowed out in third place. His $519,764 score turned the tide for the stake and put him within $10,000 of being even.
Day 51 VLOG is Live and fresh off a 3rd place finish and $500,000 it's a quick turn around for Day 2 of the $50,000 High Roller with our eyes on a bracelet and WSOP Player of the Year.https://t.co/OrG8g9ojCs
— Daniel Negreanu (@RealKidPoker) November 22, 2021
He was right back at it the next day in Event #85 ($50,000 NLHE High Roller). There were 113 entries, but Negreanu only fired one shot. The momentum from the PLO High Roller carried over and the sweat became real as he made back-to-back final tables. Unfortunately, Negreanu fell in third place again, unable to break through to the bracelet. But he added a critical score of $661,041 to not only climb into the positive but ensure that he would be profitable with only four total events left on the schedule.
It was a million-dollar swing in the course of 72 hours and for those following along, it was the reason for backing Negreanu in the first place. Not just the profit, which is of course nice, but the entertainment of being a part of an epic run with a fantastic finish.
7 top 10 finishes
18 cashes in 55 events
$1 million in buy ins
$1.4 million in cashes
3rd in Player of the Year.
See you next year.
— Daniel Negreanu (@RealKidPoker) November 23, 2021
The World Series of Poker may be over but keep your eyes on PocketFives Staking for plenty of future opportunities to be a part of the action of your favorite players.