Most Money Ever Won In Poker
The biggest lottery prize ever happened in January 2016. Three lucky winners shared the $1.586 billion prize, which means $533 million before taxes. It is enough money to live the rest of your life without worrying about the bills. But some of the winners also use the money to support good causes. I've won $10000 from (technically) a $1 bet. I was betting on horses, specifically a Pick-7 (you have to pick the winners of 7 consecutive races). I had multiple combinations and think I actually bet closer to $100. It's not the most I've lost, but I had $400 on the Denver/San Diego game to go over 54.5 yesterday. TOP 5 MOST INSANE POKER HANDS EVER! Help us to 100K Subscribers - Turn on the '🔔' to get notifications for new uploads! The Lucrative Game of Poker. There is a lot of money to be made in the poker world. You can see that just from our rankings above, with players who have tournament poker earnings of 10 or 20 million dollars. TJ Cloutier - Cloutier has won more major poker tournaments than anyone in the history of poker. He has 60 major event wins through 2009 and over $9 Million in tournament earnings.
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The $5,000 buy-in Main Event of the World Series of Poker international series wrapped up on Saturday night with the top 4 finishers all taking home more than $1 million in prize money. With the typical World Series of Poker in Las Vegas postponed this year the action moved online and the World Series of Poker international series Main Event had a total prize pool of $27,559,500.
There were 5,802 buy-ins into the $5,000-entry Main Event. Notable entries included PSG star and Brazilian soccer phenom Neymar Jr. and former heavyweight boxing champion Riddick Bowe.
The final heads-up pairing came down to Bulgaria’s Stoyan Madanzhiev against Wenling Gao of China. On the final hand of the Main Event, Stoyan Madanzhiev flopped a straight which took down Gao’s pocket aces which is an absolutely brutal way to get knocked out heads-up. Looking down and seeing AA you think you are absolutely money and then your opponent flops a straight and poof, you’re gone.
For his second-place finish, Wenling Gao won $2.7 million. Not bad. Stoyan Madanzhiev took home a record $3.9 million for first place, the ‘largest prize in online poker history’. American Tyler Rueger won $1.9 million for 3rd place and New Zealand’s Thomas Ward brought home $1.35 million for his 4th place finish.
‘Poker Brat’ Phil Hellmuth busted in 750th right before the money bubble. In total, 728 spots were paid out across the $27,559,500 prize pool. There were three Americans at the final table with the other two, Tyler Cornell and Sam Taylor, finishing 8th and 9th respectively for $328,305 and $230,395.
In the final hand, 2nd place finisher Wenling Gao got all his chips in with AcAd only to see her opponent (yes, her) call with 7d6h. At that moment he had his opponent completely dominated. But Bulgaria’s Stoyan Madanzhiev miraculously flopped a 7-high straight and held on to win 1st place.
According to ESPN’s Chalk, some American participants moved internationally for this event which also allowed them to buy-in multiple times in the early stages:
The international series was hosted on GGPoker.com after the coronavirus pandemic forced the traditional World Series of Poker tournament in Las Vegas to be postponed. There were 5,802 entries into the $5,000 buy-in main event, creating a $27.6 million prize pool, the largest in online poker history.
Players were allowed to buy in three times during the early rounds of the main event and were required to be physically located in a jurisdiction that allowed online poker. Tournament officials said some American participants relocated to Mexico or Canada to take part in the tournament.
The main event was narrowed to 38 players entering Saturday’s final round. American Bryan Piccioli had the chip lead entering the final round but finished 23rd.
It’s certainly a bummer not having the usual World Series of Poker footage on ESPN this year. It’s been a staple of Summer television for most of my life and watching these tournaments unfold online just doesn’t offer even a fraction of the same entertainment for me.
The official in-person 2020 World Series of Poker in Las Vegas hasn’t been rescheduled yet and with this year waning down they’re running out of time. Next year seems likely (to me) at this point.
For more on this largest win in online poker history, you can head on over to ESPN’s Chalk.
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What would poker be without the spine-chilling feeling of possibly losing it all in the blink of an eye?
For all players, this emotional and financial roller-coaster is what makes the game worth playing. But only professional ones can bust thousands of dollars while keeping it totally cool.
If you’re freaking out when you lose a couple hundred bucks at the casino, wait until you find out how much these five professional players lost!
Estimated losses: $5 million
Gavin Griffin marked poker history as the youngest player to win a WSOP tournament, snagging the Pot Limit Hold’Em in 2004. He also won the prestigious Triple Crown, followed by an EPT in 2007 and 2008. In 2012, his total live winnings approached $5 million.
However, Griffin fired out most of this money. Alongside the cost of playing in live tournaments and the high Californian taxes, he developed a gambling addiction that cost him heavily.
He eventually had to step down several levels and go back to the lower stakes tables in order not to go completely broke.
Estimated losses: $18 million
Gus ‘The Great Dane’ Hansen has always been famous for his crazy swings: after having won four WPT’s in a year and made six final tables, amassing over $11 million, the Danish player hit rock bottom in 2014.
His losses on Full Tilt surpassed $20 million in September, losing as much as $630,000 in a week alone! He managed to get a little bit ($1.2 million) back, but with total losses of -$18 million, the man set the record of online poker losses.
If a reasonable reaction would be to curl up in fetal position and start crying, the Great Dane kept it cool, declaring : “I still have money in my pocket. My online numbers aren’t looking too pretty, but I can still afford a sandwich.”
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Many professional players might have gone broke, but few with quite the same laid-back attitude.
Estimated losses: $20 millions
Of all the poker pros who went broke, Scotty Nguyen embodies the genuine old school poker legend: weird gambling superstitions, memorable punchlines, amazing bluffing skills and terrible drinking habit.
When he emigrated from Vietnam in the eighties, Scotty started earning a living by bussing tables at a restaurant. Tired of being treated poorly by his employer, he eventually decided to quit, with a $270 pay check in his backpack. He took his money to Lake Tahoe where he started playing poker and turned it into a six figures bankroll within a week.
Until the end of the nineties, Scotty reached the poker heights, winning over $11 million in career tournament earnings. Unfortunately, his multiple addiction problems started to take over and he soon hit a losing streak that left him broke.
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Estimated losses: $25 millions
Former member of Team Full Tilt and two-time WSOP and WPT winner, Erick “E-dog” Lindgren counts among the poker players who made the most money of all time: as of 2016, he ranks 38th in the All Time Money List of poker with over $10 million in tournament earnings.
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Unlike other poker legends often known for their excesses, Lindgren impersonated, with his friendly demeanor and pleasant table manners, the average Joe who was living the poker dream.
Sadly, Lindgren developed a severe gambling addiction which lead him to file bankruptcy several times and become. He is deeply indebted to Pokerstars (-$2.5 million), the IRS (-$3.8 million), Andy Bloch (-$1.1 million) and many other players (-$5 million).
In 2013, Erick Lindgren entered a rehab program for gambling addicts in California.
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Estimated losses: $30 millions
Stu Ungar is widely regarded as the best poker player of all times. Thanks to his uncredible I.Q. and photographic memory, “The Kid” managed to win the WSOP Maint Event three times in 1980, 1981 and 1997.
However, because of poor money-management skills and a devastating addiction to cocaine, he fired out all of his earnings.
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Despite having won about $30 million during his poker career, The Kid died with no assets to his name, making him the ultimate king of all the professional players who went broke!