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-   -   Negreanu's bankroll (http://archives2.twoplustwo.com/showthread.php?t=272107)

arardor 06-13-2005 04:38 PM

Negreanu\'s bankroll
 
In his blog he mentioned that he has to go to the Wynn to get some cash. Is he keeping his roll there or is the Wynn bankrolling him?

Dynasty 06-13-2005 04:57 PM

Re: Negreanu\'s bankroll
 
Wynn is not bankrolling Negreanu. This has been stated over and over and over, including by Negreanu himself.

The logical conclusion is that Negreanu has a safety deposit box at the Wynn. That's very common for poker players.

BruinEric 06-13-2005 05:53 PM

Re: Negreanu\'s bankroll
 
In a recent interview, he stated that he has little of his money in bank accounts and holds most of his money in cash.

Nottom 06-13-2005 06:14 PM

Re: Negreanu\'s bankroll
 
[ QUOTE ]
In a recent interview, he stated that he has little of his money in bank accounts and holds most of his money in cash.

[/ QUOTE ]

I read that too, and it made me think Daniel might not be as bright as I thought he was.

TheBeat 06-13-2005 06:35 PM

Re: Negreanu\'s bankroll
 
If he keeps on playing Barry for 500k a pop he wont need a bank because he will be broke again.

The Armchair 06-13-2005 06:49 PM

Re: Negreanu\'s bankroll
 
[ QUOTE ]
[ QUOTE ]
In a recent interview, he stated that he has little of his money in bank accounts and holds most of his money in cash.

[/ QUOTE ]

I read that too, and it made me think Daniel might not be as bright as I thought he was.

[/ QUOTE ]

I'm beginning to greatly question his smarts. This $500k challenge is beyond idiotic. At best, he is a 2% favorite over the challenger (and I think that is being rather good to him). Many others have rightfully pegged it at a 50/50 proposition if not a bit worse. In any event, the variance is high and they payoff is about what you'd get from a savings account. Not a good bet.

He is going for fame, and fame like this is the enemy of a gambler. Why? Any non-pecuinary utility is likely going to be offset by a some pecuniary loss; that is, if you are buying fame with cash. Sure, if you value fame more, you end up "better" off. But because your finances are intrinsically tied to your success otherwise, it is a fool's bargain.

Negreanu and others should cash in on their fame by playing $5k heads up matches all day long against any taker if they want to build a rep like this, because all sorts of gamblers would plop down that much to try and beat a pro. We've all seen the Rounders scene with Johnny Chan, right?

cwsiggy 06-13-2005 06:57 PM

Re: Negreanu\'s bankroll
 
Funny cause in the recent cardplayer WSOP video coverage, Dan said his goal is to break Barry so he can then stake him for 40-80!!! He was of curse trash talking but it was funny.

anatta 06-13-2005 07:01 PM

Re: Negreanu\'s bankroll
 
Wasn't he playing in a 100,000-200,000 mixed game a few months back? It seems to me that these freeze outs are small compared to the stakes and loss potential in that game. I realize he doesn't exactly grind the ol' 1-2 everyday, but just to sit down in that game is risking millions.

I think (hope) he knows what he is doing and is just very rich. Or maybe he is a fearless gambler who doesn't mind if he goes broke, reasoning he has backers and will get it back.

cwsiggy 06-13-2005 07:13 PM

Re: Negreanu\'s bankroll
 
Check the vid out - it is interesting

http://www.cardplayer.com/poker-tour...p;video_id=141

Daniel is aware of the posts regarding his bankroll.

blumpkin22 06-13-2005 07:18 PM

Re: Negreanu\'s bankroll
 
[ QUOTE ]
Wasn't he playing in a 100,000-200,000 mixed game a few months back? It seems to me that these freeze outs are small compared to the stakes and loss potential in that game. I realize he doesn't exactly grind the ol' 1-2 everyday, but just to sit down in that game is risking millions.

[/ QUOTE ]

No, he was playing in a 2000-4000 and 4000-8000 mixed game. At least this is what his blogs talk about.

(Read it for a story of a ridiculous 2000-4000 hold'em hand, where he flops quads with 2-2 and Eli Elezra hits kings full on the river with K-K. The river is 6-bet before Eli decides to just call, and at that point wants to rip his cards in pieces.)

anatta 06-13-2005 11:06 PM

Re: Negreanu\'s bankroll
 
I think I was way off with that 100,000-200,000. That's the billionaire Texan thingy that cardplayer talked about. I do think Danny, Chau, Ivey, and some others were playing 10,000-20,000 (or something like that) in So. Cal a few months ago.

06-14-2005 12:52 AM

Re: Negreanu\'s bankroll
 
[ QUOTE ]
Daniel is aware of the posts regarding his bankroll.

[/ QUOTE ]

Sometimes I think Daniel says certain things in interviews on his blog just to get a rise out of the anal retents here. He seems to have a much better sense of humour than most of the posters here.

On a side note, I just love the little coy looks Daniel was giving the interviewer. DN's one of the most expressive self-admitted hetero men I know of.

cwsiggy 06-14-2005 01:11 AM

Re: Negreanu\'s bankroll
 
I believe the term is Metro!!!

Equal 06-14-2005 03:20 AM

Re: Negreanu\'s bankroll
 
[ QUOTE ]

Negreanu and others should cash in on their fame by playing $5k heads up matches all day long against any taker if they want to build a rep like this, because all sorts of gamblers would plop down that much to try and beat a pro. We've all seen the Rounders scene with Johnny Chan, right?

[/ QUOTE ]

I don't think any of the top pros would get out of bed for $5,000.

Smoothcall 06-14-2005 03:54 AM

Re: Negreanu\'s bankroll
 
Did he really blame his lack of doing well at the series because of the cold in the room? LOL. World class player but cant beat the chill.

iraise50 06-14-2005 04:37 AM

Re: Negreanu\'s bankroll
 
I had previously read Daniel's blog about the quads. I like Daniel, he's entertaining and very smart, but I wish I had stock in Barry Greenstein. Daniel is going to get killed. You heard it here folks, Barry 8, Daniel 1.

GFunk911 06-14-2005 08:15 AM

Re: Negreanu\'s bankroll
 
[ QUOTE ]
I had previously read Daniel's blog about the quads. I like Daniel, he's entertaining and very smart, but I wish I had stock in Barry Greenstein. Daniel is going to get killed. You heard it here folks, Barry 8, Daniel 1.

[/ QUOTE ]

Would you like to wager on that? PM me if this post was serious

stillbr 06-14-2005 09:32 AM

Re: Negreanu\'s bankroll
 
[ QUOTE ]
[ QUOTE ]
I had previously read Daniel's blog about the quads. I like Daniel, he's entertaining and very smart, but I wish I had stock in Barry Greenstein. Daniel is going to get killed. You heard it here folks, Barry 8, Daniel 1.

[/ QUOTE ]

Would you like to wager on that? PM me if this post was serious

[/ QUOTE ]

I would like to take this bet aswell. PM me

topspin 06-14-2005 10:19 AM

Re: Negreanu\'s bankroll
 
[ QUOTE ]
At best, he is a 2% favorite over the challenger

[/ QUOTE ]

[ QUOTE ]
the variance is high and they payoff is about what you'd get from a savings account. Not a good bet.

[/ QUOTE ]

Let's assume your numbers above are correct. How long does it take to play one of these HU matches? Maybe 3 or 4 days of evening play? A week if we're being conservative?

When you find a savings account which pays you 2% interest per week (hint: that's 180% APR) please let me know.

iraise50 06-15-2005 09:15 AM

Re: Negreanu\'s bankroll
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
I had previously read Daniel's blog about the quads. I like Daniel, he's entertaining and very smart, but I wish I had stock in Barry Greenstein. Daniel is going to get killed. You heard it here folks, Barry 8, Daniel 1.

[/ QUOTE ]

Would you like to wager on that? PM me if this post was serious

[/ QUOTE ]

I would like to take this bet aswell. PM me

[/ QUOTE ]

That's my prediction not my wager. I dont' wager on outcomes of events like that.

bobby rooney 06-15-2005 05:16 PM

Re: Negreanu\'s bankroll
 
I find your argument a bit silly. Of course, he's doing it partly for the publicity because fame is a +EV proposition. For example, he has an upcoming book and I'm sure these matches will end up selling him a ton of books.


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