Daniel Negreanu's 2010 Online Cash Game Roller Coaster RideJuly 26, 2010 8:18 am
This year, tournament specialist Daniel Negreanu decided to give the online cash game scene at PokerStars his best shot.
Ever up for a challenge, Negreanu knew that making the switch from tournament to high stakes cash player was no mean feat and, as he explained in an earlier blog:
“I’ve been playing almost exclusively in the $100-$200 no limit hold’em 6max games against some of the top online poker players in the world. It’s been really tough making the adjustment, but I’m very pleased with my progress and my learning curve.”
Now, more than half way through the year and 10,009 hands later Daniel Negreanu has been talking about he rates his progress so far, in his high stakes cash poker challenge. Without a doubt, it has been somewhat of a roller coaster ride for the Canadian pro who acknowledges the typically wild swings associated with the game.
When Daniel initially started playing on Feb. 25th, he went on a $200,000 upswing which lasted until March 22nd, before hitting a downswing and losing back $191,000 of his winnings.He then hit a $221,227 upwsing before once again giving up his profits and ending up stuck around $9,000 in the hole.
Daniel then explains in his blog that his online play nose dived just before and after the WSOP, before hitting a hot streak once more. The overall outcome is that Negreanu is now down about $750 after 10,009 hands of $100/$200 NLHE.
Putting a positive swing on his results, Negreanu elaborates:
“An important stat that gauges pure luck in All in situations actually shows that I rated to be +$10,693.20. I like that stat because it’s a far more accurate barometer of skill then the actual result. Early on when I was winning, I was on the other side of the All in EV calculator. At one point I think I was +$180,000 in actual money, but my all in EV was closer to +$80,000. Essentially what that means was that I was running far better than average in terms of luck when all in and no further decisions could be made.”
All in all Daniel says that he is proud of himself for putting in all the effort and that luckily he isn’t doing it for the financial security.
Amen to that!