Not all poker legends launch a revenue/loss assertion yearly to the general public, in addition to to the IRS. In actual fact, there’s just one we are able to consider. And Daniel Negreanu was refreshingly clear about what a awful 2023 he had.
On his YouTube channel, poker champ Daniel Negreanu analyzes his previous 10 years of poker wins and losses following the losing-est 12 months he’s ever had. (Picture: YouTube/Daniel Negreanu).
Along with tweeting out his yearly numbers as standard, the six-time World Collection of Poker (WSOP) bracelet winner additionally posted a YouTube video titled, How I Misplaced Over 2 Million {Dollars} in a 12 months.
“That is going to be my worst 12 months that I’ve had,” Negreanu mentioned in the 23-minute clip. “So what I do on the finish of a 12 months like that’s, you realize, I begin to break down what precisely truly occurred.”
Winner’s Tilt
In response to Negreanu’s self-analysis, he suffered from “winner’s tilt” coming into 2023 after killing 2022 with $1.6M in wins.
I got here into the 12 months … feeling too good, in all probability, about the place I sit and what that led to was me … being nonchalant, not caring about rebuying an excessive amount of … Once you’re dropping, you tilt. Generally if you’ve gained otherwise you’re successful an excessive amount of, you begin to play poorly because of this … simply playing an excessive amount of and being goofy and never caring sufficient, as a result of the cash isn’t life-changing.
“And if you begin off the 12 months being loosey-goosey, taking part in sloppy … you’ll be able to dig your self an enormous gap that you simply don’t essentially get to simply get out of by successful the Tremendous Excessive Curler Bowl on the finish of the 12 months.”
Too Many Video games
Additionally, based on the 2004 and 2013 WSOP Participant of the 12 months, he entered far too many tournaments with this reckless angle.
“I performed in … 145 occasions in comparison with 107 the 12 months earlier than, and fewer and fewer earlier than that, all the best way right down to 60 occasions in 2018,” Negreanu mentioned. “That’s probably the most occasions I’ve performed in a single 12 months … since I used to be a lot youthful.
Once I play too many tournaments, it results in — properly pay attention, I’m older, so it results in some fatigue for positive, which ends up in some weaker performs … some sloppiness the place you simply don’t care sufficient about every bullet (pair of aces) as a lot as you need to.”
A 3rd purpose Negreanu supplied up was “dangerous luck within the fallacious spots,” which price him practically $1.9 million on the WSOP alone over the previous two years.
“You don’t get to decide on if you’re fortunate and if you’re not,” Negreanu mentioned. “And … as a result of gamers are so a lot better, your edge is far smaller, which suggests luck goes to play a a lot greater function.”
New 12 months’s Resolutions
So how does Negreanu intend to show it round?
“Initially, I’m going to run higher, that’s already been determined,” he joked whereas mock-praying to the poker gods.
In all seriousness, Negreanu declared that he’ll now not chase the WSOP Participant of the 12 months title, because it forces gamers to enter dozens of occasions every summer season to rack up as many factors as attainable.
“All these items simply to chase this title that’s for no cash,” he mentioned. “All people’s burning cash fairness to win this picture-on-your-wall sort factor. However you’re compelled to play the web occasions whilst you’re taking part in reside. I can’t do it … Dividing my focus like that doesn’t bode properly.”
As a substitute, Negreanu mentioned, he’ll cross over lots of WSOP’s on-line bracelet tournaments and focus totally on high-stakes occasions.
