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aug
10

Familiar Faces At Bellagio's High-Stakes Tables

Tags: Daniel Negreanu, high stakes, prop bets.
Posted on Wednesday, August 10, 2016 by "T".

Poker legends Daniel Negreanu, Gus Hansen, Patrik Antonius, Doyle Brunson and Phil Ivey (left to right in picture) all headed to Bellagio last week for some high-stakes action. With ‘high-stakes action' we are not only referring to high stakes cash games but also proposition bets!

Although Daniel Negreanu won $50k in one of the sessions, he still ended up losing $436,000 on proposition bets! That's what we call high-stakes prop betting! Here's a selection from Negreanu's blog post on August 7, 2016, where he talks about the crazy prop bets!

"The simplest prop bet one could make would be betting on the flop being black or red. That's not the kind of props we play.

Everyone has a suit, and then picks 10 props. For example, you could have these 10:
234
358
59J
QT4
567
K82
A47
468
4TQ 
AKQ
Everyone has their own 10 props and any time one of your flops hit, that's wins you some money. If the flop came K82, you get a prop. If the flop came 5-5-8, you would get a prop also.

You also have suits, so if your A, K, or Q of your suit is in the middle of the flop, that's a prop.
We play Jacks too. If the Jack of your suit hits the flop its a prop as long as there is at least one more of your suit on the flop. If not, that's called a stiff Jack and it means you have to pay everyone else instead!

We even play 7's. If your 7 hits the flop in the middle that's $5k a man, if it hits on the side that's $2k.
If you hit a prop, you are on for doubles the next hand; meaning the value of all your props doubles. If you hit another one, you'd be on for triples the next hand.

The only skill in this form of gambling is paying attention and making sure you don't sleep one. If you sleep a prop, meaning you don't see it and verbalize it, you don't get paid. Say for example I was on for doubles and my 7 hit the middle which means I'd get $10k a man. If I say, "I see my 7," but don't add, "and I'm on for doubles," I would only get $5k a man.

This is essentially juice free gambling for degens and I must say, I really love it! The props typically play bigger than the actual poker game. I ended up playing until 4:30am and winning $50k in the poker game, but losing a whopping $436,000 playing props!"

source: http://danielnegreanu.com/a-throwback-weekend/

 


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8 comments for "Familiar Faces At Bellagio''s High-Stakes Tables"

 doubletop7778/10/2016 8:56:06 AM GMT
This really is a crazy way to gamble. The amount of money these guys bet is unbelievable and they bet on all kind of weird things. I wonder who wins the most on these prop bets?
 Ingrind338/10/2016 11:01:40 AM GMT
O how nice, the cheater is also joining.

He is a guy without honor, so there is a big chance he collaborates with another player. Why would even someone want to play with that scammer? Yes I am talking about Phil Ivey, I know most of you guys are a "beta fanboys" of that heartless prick, that doesn't matter that much, most of the girls also like wrong guys and they fail to see the true nature of people.

So if any asskisser wants to support Ivey, go ahead, it means you have no soul/heart/character.
 pinotte8/10/2016 2:58:45 PM GMT
Wow first time i hear about this kind of gambling. But these guys have so much money that they don't care about it losing 450K in one night is nothing just a little juicy game.
.
This kind of gambling looks like worst than any other casino game. I don't have the money but even for less amount a would never play this kind of game. Aww crap! Aww crap!
 Mober8/10/2016 9:35:43 PM GMT
He lost almost 500k in pro bets Smile These players are addicted to gambling.
I think in the last paragraph Negreanu sums it up, the way it actually is, by saying :
This is essentially juice free gambling for degens... End of story !!!
 bowie19848/10/2016 10:54:02 PM GMT
I want to be Daniel Negreanu's bank account.
I want to feel all those highs and lows. I want to be abused then I want to be treated well. I want to get fat, I mean real fat then I want be trimmed down... I want to see all those zeroes and the end of transactions.
I want to give birth to a savings account and a 401k account as well - so Daniel could at least keep something while he is loosing his well earned dough as a degen.
 pochui8/11/2016 8:25:08 AM GMT
well all this gathering of old famous degens seems fishy to say the least, probably some sort of pr stunt... oh and these prop bets, right as if dudes have zillions in their accounts or became inspired by dan bilzerian so much that all they think about at poker tables is prop bets... probably someone written a script which was executed masterfully by these degens.
 Tony_MON7ANA8/11/2016 9:57:16 AM GMT
Proposition bet... I know what it is. When risk goes up, the potential return tends to go up accordingly, or maybe it won't.
Well, it is nice to see Daniel Negreanu, Gus Hansen, Patrik Antonius, Doyle Brunson, and Phil Ivey together again in Vegas!
 bowie19848/11/2016 10:50:47 PM GMT
Yeah, though one would think when these people are betting on something it should be more interesting than cards and all.
I mean they could easily prop bet the living $hit out of basicly anything - from guessing what colour underwear the waitress is wearing up to how many people walking past their tables in the next hour sporting hawaii shirts and bermudas.
Yeat they are just sitting there counting cards.
I am utterly disappointed at their lack of imagination.

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