| With over $8 million in tournament
winnings, Negreanu is a stone-cold killer at
the tables, but is the kid still playing too
much poker on the edge?
Daniel Negreanu has been a uniquely
public player for a number of years now.
After winning multiple TV tournemants and
receiving player of the year awards from
cardplayer, ESPN, the World Poker Tour, and
the World Series of Poker, he's been busy
capitalising on this success with promotions
and endorsements aplenty.
All of which has led to almost every
aspect of his poker career being documented
in print and online. Fans have read about
his continual cycles of building a bankroll
in Canada and losing it in Vegas, his
stress-release tactic - which he dubbed 'nutbar'
- where he would raise every pot pre-flop in
his usual game for a couple of hours, and
even the effects of relationships and
marriage on his play. In Barry Greenstein's
words, 'His light-hearted nature, good
writing, and accessibility to poker
enthusiasts have made Daniel one of the most
popular players.' But make no mistake: under
that facade lies a supremely competitive and
focused individual.
As one of the most analysed players in
the game, it's little wonder his style is a
subject of controversy. Among certain pros
he has become somewhat notorious for a loose
and unconventional approach to the game. And
while it's hard to argue with his winning
record, there are aspects of his play that
can quite legitimately cause questions to be
asked. Certainly he is not afraid to take
chances with his play or his money. This is
perhaps exemplified by his excessive re-buys
in World Series events - no fewer than 48
times this year in the World Series $1,000
no-limit event. The idea is that he can
afford to invest heavily as he feels he can
outplay most of the players in the event.
Talking about the early stages of this
year's WSOP main event, for example, he
explained that 'I#'d be willing to bet that
no-one played more hands than I did - I
think I played about 90% of the hands. I
went in with my typical strategy then
quickly realised that I can kick this up
because raising every hand, literally was a
profitable strategy.'
In a nutshell, this is the Negreanu
thesis - if you can play significantly
better than your opponents after the flop,
then starting with the worst hand isn't so
bad. It's a method whereby it becomes
possible to accumulate a lot of chips by
winning small pots, rather than (in a
tournament at least) waiting until all the
blinds go up and having to gamble on
all-ins. Other players like Gus Hansen have
to come to the fore front with similar
tactics, but in Negreanu's game the focus is
more on finesse than brute force.
Therefore, a great deal of what others
might call questionable hands come into
play, like 4-3 or 6-9 suited, which have the
potential to make unreadable straights and
flushes and win large pots against premium
starting hands. The effect of playing these
cards also has his opponents second-guessing
their standing in a hand and acts as a
strong balancing factor to the
conventionally strong hands, allowing him to
maximise his edge over the opposition.
But Negreanu is not just a tournament
player, and has placed considerable emphasis
on the virtues of playing many different
forms of poker, particularly in the Big Game
at Bellagio. At this game he takes on the
best in the world like Chip Reese and Phil
Ivey on a rotation of games that might
include as many as ten variants of stud,
Omaha, hold'em and draw marriage. This, according to
him, is the 'real poker', as specialists in
one area will have to play other games, and
the person winning the most is arguably the
best player in the world.
Obviously, playing at this level requires
a strong stomach, and he is also the model
player when it comes to coping with the
swings of the game. At WPT final tables he
is without exception talkative and good
humoured, but equally he is able to coolly
deliver a video blog from the golf course
informing everyone that he has just lost
over a million dollars.
Though it takes a unique individual to
handle this kind of pressure and
competition, bankroll management is a key
factor in being able to do this. In the
early days, his entire bankroll would rest
on the table, but since then he has matured
into a businessman.
'The best poker player in the world could
play in limits over his head and eventually
he would go broke,' Negreanu has said in the
past. 'It doesn't matter how great you are
at this game, if you're not leaving yourself
an out for the luck factor of poker, then
you're basically doomed. I've seen too many
great young players come to this town with
great goals of becoming a millionaire but
constantly playing over their heads. All it
takes is one bad day.
Negreanu then, rather than being all
about the play of a hand, is a very
instructive example of how meta-game
factors, whatever they might be, can have a
tremendous impact on a players performance.
It's what enables him to play the game he
does and stay on top. The loose aggressive
style certainly isn't for everyone, but few
play it as well as Daniel
Negreanu.
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