Daniel Negreanu Hits Trouble Selling Action for the World Series of Poker1 year ago
Daniel Negreanu has run into a spot of bother trying to sell some of his WSOP action via his website. The high-rolling Canadian was trying to offer something different for his fans this year, by pitching some markup free action, regardless of how little they are able to pay. However, instead of the server only correctly accepting requests up to around $275,000 worth of value, $1.8 million was collected in total.
Aside from what happened, Negreanu should be roundly applauded for his intent here. This was an incredibly simple, yet well thought out way for the fans to get involved with their heroes.
The packages were divided as such:
- Low Roller - $1,500 and under. 10% of all planned action up to $100 per person. Minimum stake of $5.
- Mid-Stakes - $1,500 to $10,000. 25% of all planned action up to $500 per person.
- High-Stakes - $10,000 and over. 50% of all planned action up to $5000 per person.
Daniel Negreanu was absolutely gutted by what had happened. He was left more than $1.5 million of other people’s money and going to be forced to disappoint those who had actually been too late. He even said he’d take the $60,000 hit for all of the transaction fees.
After leaving PokerStars after 12 years, with all the flak that entailed, we should really be wishing some good luck over Negreanu’s way. All in all though, there was no harm done. It was just a bit of a mess, even if some people will be seriously disappointed.
Let’s be honest, how many of these stakers are seriously hardcore fans of Daniel, and how many are seeing pound signs at the no markup status?
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