Posts Tagged ‘biggest online poker loser’

Gus Hansen moving to Denmark, quitting High Stakes Poker

Monday, April 25th, 2016

gus-hansen-pokerGus Hansen recently made an appearance on Good Morning Denmark as part of a clothing drive for the Red Cross. And he made some big revelations on the talk show, including that he’s giving up high stakes poker and wants to move to Denmark “for good” to raise a family.

In the segment seen here (subscription required), Hansen’s appearance is advertised as “Millions of dollars, insane bets and wild lifestyle, now poker star Gus Hansen home to quiet Denmark [to] raise a family.”

During the show, the Great Dane donated an old Full Tilt Poker shirt to represent the possibility that he won’t be playing much poker anymore. He also discussed how he’s thinking of moving from Monaco, where he’s lived for much of his poker career, back home to Denmark.

Hansen became one of the most-iconic players during the poker boom as he appeared on shows like Poker After Dark and High Stakes Poker. Unfortunately, he started taking heavy losses in online poker and putting a dent in the net worth that he built through sponsorships and poker business deals. We took a look at his losses in 2013, which totaled $13.6 million at the time.

They dipped even lower the next couple of years, bottoming out at $20.74 million according to HighStakesDB. This easily makes Hansen the biggest confirmed online poker loser in history.

The good news, though, is that he didn’t burn through his entire savings and appears to be doing well still. Given how bad his online poker career has gone, most players will be happy that he’s given up the delusion of beating the world’s best. Chances are that he won’t completely quit the game, but considering how tough poker nosebleeds are these days, even Hansen probably wouldn’t venture back into this territory.

Phil Ivey is Now Terrible at Online Poker

Friday, December 4th, 2015

phil-ivey-wsopUp until about a year ago, Phil Ivey was commonly referred to as the world’s best poker player. However, he’s being called this a lot less now after how badly he’s played in online poker. In fact, he’s down a fortune over the past four years.

According to data from HighStakesDB, which tracks online high-roller results, Ivey has lost over $8.8 million. Here’s a look at the numbers:

2012 – 5,676 hands (Full Tilt), -$252,300
2013 – 76,301 hands (Full Tilt), -$2,441,770
2014 – 102,365 hands (Full Tilt), -$2,372,300
2015 – 126,026 hands (PokerStars), -$2,481,300
2015 – 32,737 hands (Full Tilt), -$1,250,800

phil-ivey-2014-wsop-main-eventYou certainly can’t say that Ivey hasn’t had enough chances to right the ship because he’s played over 343,000 hands. Of course, one might give him a break since he is playing against some of the top grinders in the world. But then again, this is Ivey we’re talking about who’s held to a different standard than your average poker player.

There’s good reason for this too because the 39-year-old was once the world’s biggest online poker winner. Before Full Tilt closed in 2011 (Black Friday), Ivey was up well over $16 million. So even if the current losses are accurate, he’d still be a pretty big winner overall. We can only see assume that he’s also a huge winner in live poker games too.

Regardless of how Ivey is doing in poker these days, he’s involved in several business ventures. Specifically, he owns IveyLeague.com and also runs a sports/entertainment promotions company called All In Entertainment. So we can be sure that he’s still living the good life no matter how badly things may be going in online poker at the moment.