daniel's bankroll

[Studplayer 0]

I think it is a fair assumption that Wynn is backing him to some extent for this whole challenge. Daniel must of had some deal with Wynn in place before making this challenege just to insure himself if things went disastoursly wrong in the matches.

[swtballa 0]

he is easily worth 20 mllion+. we have n0 idea how much he actually makes in the cash games he plays, or has played in the past. He does radio stuff everyday and now he works for the Wynn, who knows how much he is getting for playing these heads up matches. When stacked comes out it will probably be even more......more power to him

[Mr. Orange 0]

I asked him in the chat-box of Poker Mountain a couple months ago if he is a "10-millionaire yet?" and he replied "no, I'm not that rich...yet". Take that for what you will.

[cdddc75 0]

Daniel's bankroll is $4.69.Canadian.Hope this helps.

[econ_tim 0]

All I know about DN's bankroll is that it is 500K lighter than it was a couple of days ago.

[elkang 0]

I think it is a fair assumption that Wynn is backing him to some extent for this whole challenge. Daniel must of had some deal with Wynn in place before making this challenege just to insure himself if things went disastoursly wrong in the matches.

Believe what you guys want. But, you're basically saying Daniel is a liar.I see no reason why he is lying and plenty of reason to doubt internet posters who are close to being conspiracy theorists when there is logical reasoning behind believing Daniel is gambling with his own money. Outside of his known winnings and income, he is known to stake other players. If he's got money to spare to gamble (or help) in that way, why wouldn't he gamble be betting on himself?But, believe what you want, but I find it kinda stupid. And distasteful.

[cdddc75 0]

I think it is a fair assumption that Wynn is backing him to some extent for this whole challenge. Daniel must of had some deal with Wynn in place before making this challenege just to insure himself if things went disastoursly wrong in the matches.

Believe what you guys want. But, you're basically saying Daniel is a liar.I see no reason why he is lying and plenty of reason to doubt internet posters who are close to being conspiracy theorists when there is logical reasoning behind believing Daniel is gambling with his own money. Outside of his known winnings and income, he is known to stake other players. If he's got money to spare to gamble (or help) in that way, why wouldn't he gamble be betting on himself?But, believe what you want, but I find it kinda stupid. And distasteful.

Is Wynn providing the cash for Daniel to play? No.Is Daniel's challenge part of the deal he made with Wynn? Probably not.Is Daniel paid to bring traffic to the Wynn? Absolutely.Whether Daniel is being "backed" as part of this challenge is semantics. He's doing the job he's being paid to do.

[Under The Gun 0]

I was actually out in LV a couple days ago and was playing 15/30 at athe Bellagiot with some regulars who seemed to not be big B.S'ers and seemed like they knew their stuff. I asked them if they had any idea what Daniel was actually worth or had heard what he was worth since he was playing Greenstien for so much. One of them replied that he was worth somewhere around 17 Mil from what he had heard. I don't know if it was reported, or even if these guys were right, but they also said the Wynn was giving him 350K a year to be there spokesman. Once again, not sure if it was true, but these guys seemed to know their stuff and this is what they were saying.

[elkang 0]

I make no claims that Daniel does not profit from the headsup matches in a horde of synergistic ways. This should be obvious - but the fact that it is his own money does mean something. Saying he is backed sullies what he is doing a little or at least it is not as impressive.Still more impressive than any of my poker feats.Does he get paid by Wynn? of course! Is it 350K? Now, that's a rumor, but I'm sure he's worth it heads up games or not.

[BigFish 0]

I knew when I started this thread that there would be lots of people on both sides. There are basically two issues here. 1) Is Daniel being backed by Mr Wynn in these heads up matches. 2) What is Daniels net worth, as his bankroll is insignificant, when you play as big as he does, if he looses his "bankroll" he will go into his "investments" and get some more dough. Here are my thoughts on both issues. 1) Absolutely, in one way or another he is being backed, think about how much money he could make in one night in the big game (1m plus), and someone said Wynn is only paying him 350k per year is ridiculous. He cannot ever play the big game again, thus his only way to make money in cash games is to issue this challenge, and bring in some high limit players to the Wynn and eventually migrate the big game over there. So either Mr Wynn is backing him in these matches or, what I think is more likely is that Mr Wynn is paying him 2m plus per year to do these sorts of things and to bring in business. 2) I believe that his net worth would be around 11-15m as he played fairly regularly in the 4000-8000 game which as I said above you could easily win or loose 1m per night, and any professional player knows that in order to play in ANY game, you need to have a bankroll to withstand a few loosing sessions, certainly 9-10 losing sessions would not be uncommon in any game during a bad period.

[Studplayer 0]

Ok so assuming that Daniel is worth 17 million, you are saying that he is willing to risk 26% of his net worth against Barry Greenstein (9x500k). This seems like an absurb risk to take.

[pokerchampgt 0]

Daniel isnt getting backed or partly backed. He said that he wasnt in something he wrote.

[Under The Gun 0]

He is worth more then 17 mil? I honestly have no idea, and I am not arguing, I am merely pondering on the subject. However its hard to believe he is worth more then 17million. I know we can't track his cash game totals, but track everything else and he would of had to make a substantial amount ( and he has only played in the "big game" for a year maybe, IF that ) playing cash games. Playing 1000-2000 thats hard to do and no way he won 5 mil in the big game this year. I think he is gambling, thats that. Yes against Berry thats a huge amount to risk, however Berry isn't the only one these games are geared at and in the end I think he figures he will be just fine. Not to mention in most of these games he is a favorite, or just a slight underdog. He could easily make 5 mil off these. Figuring the kind of money he can bring in, even if losing all these, the risk is worth the reward. Also, about the 350K pay. Who knows. I will say that its hard to believe any poker room can figure it a winning venture to pay someone 2 mil to support them. These aren't the slots, they are the poker room and they aren't bringing in THAT much money, not enough to give someone 2 mil and turn a profit. 350K is still a lot of guaranteed money. He also gets to almost do what he pleases there which has to be appealing. Who knows though. I honestly could see Wynne supporting maybe 25% of these games. Great publicity and all the great casino founders are also great in the marketing area. Thats just my two cents though. All in all, I hope Daniel breaks all of them, he seems to be a very down to earth guy who probably deserves all that he has. Hard to say that about all the pros.

[mark33f 0]

they aren't bringing in THAT much moneyExactly...Yes the poker boom has made poker rooms way more profitable as a lot of casinos didn't even have them, but also poker rooms bring traffic and tourists and more gamblers into a casino...Steven Wynn has been known to pay top dollar for top talent and management.

[Sushiman 0]

Paying a couple of million to endorse a poker room is ridiculous. The poker action generates an absolute pittance of a casino's income, no matter how busy the poker room is. Even the 4000-8000 big game table only brings in a couple of hundred a night in time fees, depending on how late the regulars want to play. Unlike guys like Bobby Baldwin, Mr. Wynn does not have ties to poker. Staking DN in this kind of high octane match makes no financial sense unless the game is televised, which it is not. I think DN just has the "gamble" to put a big chunk of himself on the line in order to win big, in the spirit of the old school road gamblers. Is he doing the match to bring the Wynn publicity as well? Absolutely, but I do not think he is compensated for it beyond his regular payroll.

[HtotheNootch 0]

Daniel's bankroll....IS BIGGER THAN YOURS!and mine too.

[Jelly-Filled Ace 1]

well who would've ever thought golfers and nascar drivers would be inking 8-digit endorsements 20 years ago?I think Mr. Wynn is smart in securing a famous "house" player. There isn't a better time than now to scoop up a big-time poker player, their value is only going to go up from here on out.

[fluxer 0]

My guess is under 10 million (net worth). It's funny how you guys say, "Well then how could he risk $500k on a HE match?" Daniel performs best when faced with adversity, he said so himself. I think he likes to put himself in such situations, whether he consciously realizes it or not.Regardless, I'm sure he'll be fine as he can't be too big of a dog in any of the matches.

[econ_tim 0]

Regardless, I'm sure he'll be fine as he can't be too big of a dog in any of the matches.

I'm not too big a dog in any hand of blackjack, but I can easily go broke if I only have 20 bets in my bankroll.Even so, I'm confident that Daniel has a plan. His future income (which he knows a lot more about that we do) could be high enough to justify playing 500k matchups even if his bankroll is presently small in comparison.

[fluxer 0]

Regardless, I'm sure he'll be fine as he can't be too big of a dog in any of the matches.

I'm not too big a dog in any hand of blackjack, but I can easily go broke if I only have 20 bets in my bankroll.Even so, I'm confident that Daniel has a plan. His future income (which he knows a lot more about that we do) could be high enough to justify playing 500k matchups even if his bankroll is presently small in comparison.

Back to the adversity thing. Seriously, though, you can't compare losing 1000 big bets to 20 hands of blackjack, which is exactly what you did. (50 bb x 20 matches, doh).

[econ_tim 0]

Back to the adversity thing. Seriously, though, you can't compare losing 1000 big bets to 20 hands of blackjack, which is exactly what you did.

Sorry if I was unclear. I was comparing each match to a hand of blackjack. If Daniel has a small disadvantage in each match, as some have argued, because his competitors pick their best game, then each match can be considered to be worth around -0.05 times the buyin.I was comparing each match to a hand of blackjack. And since his bankroll is, give or take, twenty times the maximum challenge amount, I think my analogy is apt.

[CrazyHorse76 0]

I read that he has attempted to price himself out of speaking arrangements, due to his hectic schedule. His asking price was $80000, I believe, and he sais his phone kept ringing off the wall. $80000 for a days work can add up in a hurry.

[elkang 0]

I read that he has attempted to price himself out of speaking arrangements, due to his hectic schedule. His asking price was $80000, I believe, and he sais his phone kept ringing off the wall. $80000 for a days work can add up in a hurry.

I'm not surprised by this. Top speakers get upwards up 100K. But, there are usually contracted for other reasons than their speaking ability (like Clinton - well he is a great speaker too). I believe Daniel's rate is worth it because he can put on quite a show and really lead people to some new thought process.Now that I think about it I think Donald Trump charges like a $1M now too. For like a short speech.

[wisky_VI 0]

Mr Wynn would easily pay Daniel 350k or more, first he's always top shelf and Daniel fits that bill like him or not. Second that amount of money is peanuts in his overall business scheme, attracting poker players isn't just for poker action. Poker players both bring wives and friends who don't play poker and work out the one armed bandits but also many poker players like to gamble outside the poker room. Poker may not even do much better than break even in itself but all the 'side action' with other gambling, food and shows more than makes it a profitable venture. Casino's must cater to all of a customers needs and poker is a big one these days.Beyond that in regards to a bankroll are you saying that none among the FCP'ers much less DN would risk 1/4 of their roll ? I sir throw the BS flag on that one !

[BigFish 0]

Im not sure if this is a dead post or not but since I started it, I though you all might be intrested in this... Daniel referenced this post in his interview with Cardplayer Magazine. I also would like to state that I would generally believe Daniel about Mr Wynn not staking him, BUT I did not see how he could afford to do so without Mr Wynn helping out. But I guess he "has shttp://www.cardplayer.com/poker_videos/?tournament=93ome gamble" in him which is true.