Daniel Negreanu’s $3 Million WSOP Downswing Could End Tonight

Daniel Negreanu, one of the most recognizable faces in poker, is experiencing a very tough summer at the 2024 World Series of Poker (WSOP) so far. In fact, he’s on a massive downswing of more than $3,000,000, having not recorded a positive year at the WSOP since 2021. After about halfway through this year’s series, Negreanu has cashed only eight times, including two online cashes, and is currently at a loss of more than $870,000. This trajectory puts him on track for the worst WSOP performance in his career.

Known for his charismatic presence at the tables, Negreanu’s current struggles are evident in his 2024 poker vlogs, where he candidly shares with us the ups and downs of a professional poker life. But as is often the case in the poker world, everything can change quickly with just one significant win…

High Buy-In Re-Entries His Biggest Demise?

Negreanu’s biggest demise seems to be the high buy-in tournaments and firing several bullets in them. He has re-entered the $25,000 High Roller 6-Max, the $100,000 High Roller, and the $250,000 Super High Roller, along with participating in the $25,000 and $50,000 High Roller 8-Max events but hasn’t cashed in any of those tournaments.

On the other hand, he has had several deep runs in lower buy-in tournaments and has jokingly started calling himself a “$600 WSOP” player. Despite beating literally thousands of players in these events, he hasn’t been able to close the deal, as the sheer size of the fields requires almost a once-in-a-lifetime run to get close to the bracelet.

Out of the 26 events that he has entered so far in the 2024 WSOP, Negreanu has paid $944,255 in buy-ins and cashed in eight of them for $73,657.95, resulting in a total loss of $870,597.05. He came close to the final table in the $10,000 Dealers Choice Championship and $10,000 Razz Championship but bowed out in 10^th and 11^th place, respectively.

Negreanu’s 2024 WSOP Cashes

Negreanu’s WSOP Track Record

• WSOP Paradise 2023: -$296,350
• WSOP 2023: -$742,807
• WSOP Europe 2022: -€24,377
• WSOP 2022: -$1,104,028
• WSOP 2021: +$399,025
• WSOP 2020: Covid year
• WSOP Europe 2019: +$1,077,492
• WSOP 2019: +$1,282,750
• WSOP 2018: -$1,383,897
• WSOP 2017: +$351,240

Last Five in the $50,000 Poker Players Championship

Everything could be forgotten quickly tonight as Daniel Negreanu is one of the last five players in one of the most prestigious tournaments in poker, the $50,000 Poker Players Championship. Most players consider this the toughest event in the WSOP schedule and the one that most high-profile poker professionals are gunning for.

After four days of intense play, Negreanu is currently sitting second in chips with 19 big bets, trailing only Chris Brewer with 26 big bets. Behind him are Dylan Smith with 10 and Bryce Yockey with 9 big bets, while David Benyamine brought only 2 big bets into the final day. Play will resume today at 2:00 p.m. local time in the Horseshoe Las Vegas Event Center.

While Negreanu has six WSOP bracelets to his name, he hasn’t won one since 2013 when he took down the €25,600 High Roller No Limit Hold’em at WSOP Europe, and his last Vegas bracelet dates back to 2008.

With only five players left in the field, everyone has $265,054 guaranteed. The first-place prize money is $1,178,703, along with a gold WSOP bracelet, an inscription on the Chip Reese Memorial trophy, and what Negreanu is probably searching for the most – securing his place among the poker immortals.

Event #58: $50,000 Poker Players Championship Final Day Chip Counts

Rank	Player	Country	Chip Count	Big Bets
1	Chris Brewer	United States	10,465,000	26
2	Daniel Negreanu	Canada	7,635,000	19
3	Dylan Smith	United States	4,030,000	10
4	Bryce Yockey	United States	3,670,000	9
5	David Benyamine	France	900,000	2

Event #58: $50,000 Poker Players Championship Prize Pool

* Images courtesy of WSOP and PokerNews.