Before the summer even started, Daniel Negreanu was the talk of the World Series of Poker. For as little as $5, Negreanu was offering shares of his 2019 WSOP tournament action, to anyone, anywhere in the world. Now that the 2019 WSOP is over, let’s take a look at Negreanu’s true results from the 2019 WSOP.
Negreanu sold pieces of his action in three packages: Low, Mid, and High. The Low Package included any tournament with a buy-in of $1,500 or less and pieces could be had for a minimum of $5 and a maximum of $50. The Mid Package included any tournament with a buy-in greater than $1,500 up to $10,000 and pieces could be purchased for a minimum of $5 and a maximum of $500. The High Package included any tournament with a buy-in greater than $10,000 and people could get in on the action for a minimum of $5 and a maximum of $5,000.
Did Negreanu Win or Lose at the 2019 WSOP?
Overall, Negreanu cashed 16 times at the 2019 WSOP for winnings of $2,042,752.92. Winnings of more than $2 million are incredible, but let’s not forget that Negreanu whiffed on a bunch of tournaments for a negative result in those that he did. Thankfully for us Curious Georges, Negreanu’s entire summer was an open book as he made all of his results, positive or negative, visible to the public. This allows us to see exactly how Negreanu did at the 2019 WSOP.
As mentioned, Negreanu cashed 16 times for a total of $2,042,752.92. He played in 58 different tournaments and fired more than one entry in some of those, amounting in total buy-ins of $760,000. That puts Negreanu’s 2019 WSOP profit at $1,282,752.92. Negreanu’s return on investment (ROI) at the 2019 WSOP was 168.78%.
Negreanu’s Low Package Delivers Loss
In the Low Package, Negreanu suffered a $25,333.40 loss. With buy-ins amounting to $48,800 at this tier, that results in a -48.09% ROI.
Negreanu played 29 tournaments in the Low Package tier and cashed nine times. His largest cash in this tier was in Event #78: $1,500 Pot Limit Omaha Bounty. Negreanu cashed in 42nd place for $3,553 and scooped a handful of bounties to bring the total cash to $5,553, per his records. However, he entered this event twice for $3,000 total so it wasn’t the largest single profit from the Low Package. The largest Low Package profit came from Negreanu’s 20th-place finish in Event #66: $1,500 Limit Hold’em for $4,360, as he was only in for a single bullet and profited $2,860.
In some of the Low Package events, Negreanu fired multiple re-entries. In Event #24: $600 WSOP.com Online 6-Handed Pot Limit Omaha and Event #84: The Closer – $1,500 No Limit Hold’em, Negreanu entered five times in each, for $3,000 and $7,500 in total buy-ins, respectively. He failed to cash in either of these events.
Eight of the nine online gold bracelet events as part of the 2019 WSOP schedule fell in the Low Package tier, and Negreanu played in seven of eight of them. Across the seven he played, Negreanu had 11 entries. He only cashed in one, a 46th-place finish in Event #38: $600 WSOP.com Online Knockout Bounty for a total of $2,252.40, including bounties. Negreanu’s ROI in these Low Package online events came to -69.14%.
Negreanu Profits Six Figures in Mid Package
In his Mid Package, Negreanu played $186,200 in total buy-ins and cashed six times for a total of $291,579.52. That’s a profit of $105,379.52 and an ROI of 56.59% from the Mid Package, making investors quite happy.
Negreanu started his summer off with a splash to steer the Mid Package in the right direction. He reached the final table in Event #2: $10,000 No Limit Hold’em Super Turbo Bounty and cashed for $55,099 total after earning one $3,000 bounty. Negreanu also reached the final table of Event #41: $10,000 Seven Card Stud Championship, finishing second for $151,700, and Event #62: $10,000 Razz Championship, finishing fifth for $69,223.
At this level, Negreanu played in 24 individual tournaments. One of those was Event #74: $3,200 WSOP.com Online No Limit Hold’em High Roller. Negreanu took 72nd in that event for $6,310.
Negreanu Wins More Than $1.2 Million in High Package
With high risk can come high reward and Negreanu’s High Package was the most lucrative of the trio. Negreanu had $525,000 in buy-ins from the High Package level and he cashed for a total of $1,725,838. That’s a profit of $1,200,838 and a winning ROI of 228.73%.
Negreanu played five tournaments at this level, posted nine total entries across them, and cashed in one. That one cash was a second-place finish in Event #83: $100,000 No Limit Hold’em High Roller for $1,725,838, though, which allowed High Package investors to be a part of a massive seven-figure score.
Negreanu tweeted that the net return for investors, less fees associated, came to $481,026.82. He also mentioned that he sold 10% to the Low Package, 25% to the Mid Package, and 50% to the High Package.