daniel n busto?
 

was listening to live sirius broadcast of harrahs circuit event yesterday. they mentioned that daniel negraneau(sp? duh) went busto gambling on golf a couple months back?
true or false?

Re: daniel n busto?
 

Even if this were true, he just won like 500k in the Five Diamond, so blah.

Re: daniel n busto?
 

cash broke maybe, investment broke no.

Re: daniel n busto?
 

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Even if this were true, he just won like 500k in the Five Diamond, so blah.

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yeah, the were talking about that tourney, and gabe kaplin losing a bunch of cash to some other guy playing golf.
i was just kinda surprised to hear daniel went busto like that.

Re: daniel n busto?
 

I dunno the context but it could have been an exaggeration, he did lose a whole bunch in golf by his own admission, I doubt he bustoed though

Re: daniel n busto?
 

He lost a bunch in golf, probably around 500k + he lost a million in the big game, as detailed on FCP.

I'm sure he's not busto. But it wouldn't surprise me if these losses cut his bankroll in half.

Re: daniel n busto?
 

They didnt say he was busted, they said he told fellow pro's that he "needed the money".

Re: daniel n busto?
 

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They didnt say he was busted, they said he told fellow pro's that he "needed the money".

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thats not what i heard them say

Re: daniel n busto?
 

He wrote in his blog after he lost the million in the big game that he is going to stop playing the game because "He doesn't want to go broke anytime soon."

What this sounds like to me is that the loss didn't break him, but was a big enough chunk of his roll to make him stop and think. Probably 50% or more of his roll.

Re: daniel n busto?
 

Listen to his pre final table interview: http://www.cardplayer.com/tournament...a_type=videos:

In it he mentions he's "kinda broke".

Re: daniel n busto?
 

he isn't busto you idiots. Sure he maybe isn't in the best financial situation in comparison to what he has been in the past, but that is all part of being a high stakes gambler!

Re: daniel n busto?
 

He mentioned on The Circuit either last night or the night before that he was finally playing good again because he "needed the money." He made a big deal of saying that he lost a ton at golf, but then said he was kinda joking and that he isn't down that much compared to how high they're playing. So his million loss at the Big Game and whatever he lost golfing prolly just leaves him a little low on cash.

Re: daniel n busto?
 

True.

Re: daniel n busto?
 

I would take his comment as being broke for the games he prefers to play in.

Re: daniel n busto?
 

anyone know off the top of their head what he placed in that?

Re: daniel n busto?
 

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anyone know off the top of their head what he placed in that?

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3rd

Re: daniel n busto?
 

Today's "Stu Ungars" have a problem staying broke - too much "other" money (promotions) enables those "go offs" to stay in action.

What about: Phil - Gus - Ted - Mike M. - same "ship" as Daniel - borrow from each other - then find someway to give the $$$$$ away. (there are others involved in that loaning pool)

If those are your "hero's", one does not comprehend the fact the game is measured by accumulating dollars, not blowing dollars.

Five Hundred Thousand could be one round of golf in the correct circumstances.

KATHY [img]/images/graemlins/tongue.gif[/img]

Re: daniel n busto?
 

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What about: Phil - Gus - Ted - Mike M. - same "ship" as Daniel - borrow from each other - then find someway to give the $$$$$ away. (there are others involved in that loaning pool

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Who's to say Phil Ivey blows his money? Sure he plays the highest stakes games and is an all-around action junkie, but no one has ever heard of him being low on cash. Just because he loves action does not automatically equate him to a Matusow.

Re: daniel n busto?
 

Ah, now i remember why i never came to NVG before the brandi thread.

Re: daniel n busto?
 

Very possible as he is not very intelligent. I mean he didn't even graduate from high school!

Re: daniel n busto?
 

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Very possible as he is not very intelligent. I mean he didn't even graduate from high school!


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I bet he's smarter than you.

Re: daniel n busto?
 

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He lost a bunch in golf, probably around 500k + he lost a million in the big game, as detailed on FCP.

I'm sure he's not busto. But it wouldn't surprise me if these losses cut his bankroll in half.

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link to FCP blog?

Re: daniel n busto?
 

I doubt he's busto. If he has a $10 million bankroll, losing $1 million is very significant and it would be hard for anyone to handle losing that kind of money. It's not on the same level as losing $100 out of a $1000 bankroll, or even $10,000 from $100K.

Re: daniel n busto?
 

[ QUOTE ]
Today's "Stu Ungars" have a problem staying broke - too much "other" money (promotions) enables those "go offs" to stay in action.

What about: Phil - Gus - Ted - Mike M. - same "ship" as Daniel - borrow from each other - then find someway to give the $$$$$ away. (there are others involved in that loaning pool)

If those are your "hero's", one does not comprehend the fact the game is measured by accumulating dollars, not blowing dollars.

Five Hundred Thousand could be one round of golf in the correct circumstances.

KATHY [img]/images/graemlins/tongue.gif[/img]

[/ QUOTE ]
In pretty much every instance that you used quotes in this post, they were unnecessary.

Re: daniel n busto?
 

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I doubt he's busto. If he has a $10 million bankroll, losing $1 million is very significant and it would be hard for anyone to handle losing that kind of money.

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Your number of $10M is probably off by about $5-7M. The replies that state his bankroll was probably chopped in half are likely in the right neighborhood. The key is how much he has taken off the table.

He has investments, takes care of mommy, the wife, perhaps Evelyn Ng still (so she doesn't pull a Brandi and spill her guts re. him on this board). I'd put the O/U at $2.5M in bankroll. One more bad year and we may see this topic come up again.

Re: daniel n busto?
 

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I'd put the O/U at $2.5M in bankroll. One more bad year and we may see this topic come up again.

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I'll take the over because if it was 2.5 mil, he'd be putting up anywhere from 60 to 80% of his roll to play in the 4k/8k game…and that ain't right

Re: daniel n busto?
 

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I doubt he's busto. If he has a $10 million bankroll, losing $1 million is very significant and it would be hard for anyone to handle losing that kind of money.

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Your number of $10M is probably off by about $5-7M. The replies that state his bankroll was probably chopped in half are likely in the right neighborhood. The key is how much he has taken off the table.

He has investments, takes care of mommy, the wife, perhaps Evelyn Ng still (so she doesn't pull a Brandi and spill her guts re. him on this board). I'd put the O/U at $2.5M in bankroll. One more bad year and we may see this topic come up again.

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DN is a multi-millionaire, I have overheard him say when asked that he "will never play on scared money for the rest of his life". His endorsements with FCP, his book deal, his video game and other entities pay him enormous amounts of money.

Re: daniel n busto?
 

I also understand that he was paid a fair amount by the Wynn when he used to represent their poker room ... or host it, whatever.

Re: daniel n busto?
 

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I doubt he's busto. If he has a $10 million bankroll, losing $1 million is very significant and it would be hard for anyone to handle losing that kind of money. It's not on the same level as losing $100 out of a $1000 bankroll, or even $10,000 from $100K.

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Im sure you pulled your suppositions straight out of your bunghole. so let me just say it's entirely possible for Daniel, or any other seemingly robusto big-name pro, to go busto. The way these guys gamble on golf, sports, etc. can easily create multi-million dollar swings and devastate their roll before they even realize it.

Fwiw, I think Doyle took a lot of money from the younger guys this year omn the golf course.

Re: daniel n busto?
 

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What about: Phil - Gus - Ted - Mike M. - same "ship" as Daniel - borrow from each other - then find someway to give the $$$$$ away. (there are others involved in that loaning pool

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Who's to say Phil Ivey blows his money? Sure he plays the highest stakes games and is an all-around action junkie, but no one has ever heard of him being low on cash. Just because he loves action does not automatically equate him to a Matusow.

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I'm quoting this just in case someone didn't read this wisdom gem the first time around.

Re: daniel n busto?
 

I would assume DN made a % from the FCP poker. If that's the case he can't be making near the cash from that now. The new FCP is almost dead. But maybe it's ALL his now.

I remember reading his blogs talking about how he was up a mil in the big game. Then he had a bad couple days in it and lost a mil. The way I took it he lost a mil in that session. So he should be close to even for the year.

Unless DN talked about his golf losses in the last couple months then noone really knows how much he lost. IIRC he just said it was a lot.

I would find it very hard to believe he's busted. I've seen the term busted defined and redefined here many times. I find it equally hard to believe with his drive and agent that he's not steadily raking in some significant cash.

Re: daniel n busto?
 

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In pretty much "every" instance "that you" used "quotes in" this "post", they "were" unnecessary.

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"FYP"

Re: daniel n busto?
 

someone made a thread on his forums about this thread and he replied with:

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I'm short on cash after making a few investments. Even after the 3rd place finish that's still true. My version of "short on cash" may just be a little different than some people's.

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Re: daniel n busto?
 

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I doubt he's busto. If he has a $10 million bankroll, losing $1 million is very significant and it would be hard for anyone to handle losing that kind of money. It's not on the same level as losing $100 out of a $1000 bankroll, or even $10,000 from $100K.

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why isn't it on the same level? seems to me 10%=10%=10%

in fact i'd rather lose 1 million out of my 10 million roll than 100 out of my 1,000 because i'd still be sitting on 9 mil instead of needing to double up 5 times just to get a decent handjob.

Re: daniel n busto?
 

[ QUOTE ]
someone made a thread on his forums about this thread and he replied with:

[ QUOTE ]
I'm short on cash after making a few investments. Even after the 3rd place finish that's still true. My version of "short on cash" may just be a little different than some people's.

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To me this says, he likes to keep around 4 million in cash "on hand" So I seriously doubt he is hurting by any means. He's probably excluding his bankroll from his "cash on hand total", so he could very well have 2 or 2.5 million in liquid cash, but he's saying that's not his usual.

Re: daniel n busto?
 

On his forums, there is a sub-forum dedicated to poker results. It gives a pretty good breakdown of all his poker wins and losses. It hasn't been updated in almost two months I think, but it still has a lot of good info. For instance, as of the end of October, he was up over $400k in live cash games, even with that seven figure losing session. Here's the overall numbers

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2006 Totals

Cash Games +$422,800
Tournaments +$1,078,470
Online -$173,608
Total: $1,327,622


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This doesn't count his Five Diamonds results either. So I guess he really did lose a lot of money on the golf course to be worse off now than he was a year ago.

Re: daniel n busto?
 

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someone made a thread on his forums about this thread and he replied with:

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I'm short on cash after making a few investments. Even after the 3rd place finish that's still true. My version of "short on cash" may just be a little different than some people's.

[/ QUOTE ]

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To me this says, he likes to keep around 4 million in cash "on hand" So I seriously doubt he is hurting by any means. He's probably excluding his bankroll from his "cash on hand total", so he could very well have 2 or 2.5 million in liquid cash, but he's saying that's not his usual.

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No, he's just saying when he's short on cash, he still might be in possession of more actual cash than the average person ever will be in his life, but he may still be "hurting."

Re: daniel n busto?
 

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This doesn't count his Five Diamonds results either. So I guess he really did lose a lot of money on the golf course to be worse off now than he was a year ago.

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I've heard that Doyle (maybe in league with Dewey Tomko) took the youngins to school on the golf course this year.

Re: daniel n busto?
 

yes very +ev. Daniel the hack vs Dewey Tomko. Dewey can give him 2 shots a hole and still take him to school. Doyle wasn't to shabby either back in the day, so i'm sure he still has some game left in the tank.

Re: daniel n busto?
 

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I doubt he's busto. If he has a $10 million bankroll, losing $1 million is very significant and it would be hard for anyone to handle losing that kind of money. It's not on the same level as losing $100 out of a $1000 bankroll, or even $10,000 from $100K.

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why isn't it on the same level? seems to me 10%=10%=10%

in fact i'd rather lose 1 million out of my 10 million roll than 100 out of my 1,000 because i'd still be sitting on 9 mil instead of needing to double up 5 times just to get a decent handjob.

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You just explained why its not on the same level