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John Hennigan Outlasts Daniel Negreanu in $10,000 Stud Final at WSOP

Daniel Negreanu

Daniel Negreanu came painfully close to winning his seventh World Series of Poker bracelet last night but fellow pro John Hennigan stormed back to win the $10,000 Seven-Card Stud Championship.

Hennigan outlasted all 88 entries in the tournament and came back from a heads-up chip disadvantage against Negreanu to win the tournament for $245,451. Hennigan, who is regarded as one of the best stud players in the world, won his sixth WSOP bracelet, which ties him with Negreanu.

Negreanu had to settle for $151,700 in his runner-up performance. It was a tough outcome after he entered the final table with one of the biggest chip stacks and quickly took control of the chip lead. The Canadian-American had his way for the majority of the final table and entered heads-up play with 3.7 million to Hennigan’s 1.5 million.

Games with limit betting structures like stud are perfect for comebacks, however, and it took Hennigan just 20 minutes to even the stacks. The pair battled for hours but eventually he got the best of Negreanu.

The final table also included vaunted pros David Baker, David Singer, Chris Tryba, Frank Kassela and Frankie O’Dell.

Here’s a look at the complete payouts from the final table of the $10,000 buy-in Seven-Card Stud Championship event:

  • 1st: John Hennigan, $245,451
  • 2nd: Daniel Negreanu, $151,700
  • 3rd: David “ODB” Baker, $104,416
  • 4th: Mikhail Semin, $73,810
  • 5th: David Singer, $53,621
  • 6th: Chris Tryba, $40,066
  • 7th: Frank Kassela, $30,817
  • 8th: Frankie O’Dell, $24,419

Negreanu’s Fan Investors on Track for Profit

Before the WSOP began, Daniel Negreanu announced that he would be offering some of his action to friends and fans who wanted a financial incentive to root for Kid Poker in this year’s series.

In an unprecedented move, he sold his action in three different categories: a low-stakes package (buy-ins up to $1,500), a mid-stakes package (up to $10,000) and a high-stakes package (over $10,000).

Fans could buy action for as little as $5 and got a shot at getting a significant return on that investment if Negreanu could make a huge score at the WSOP.

Thanks to his second-place finish in last night’s stud final table for $151,700, it appears that fans who bought a piece of the mid-stakes package are currently in the black.

Prior to last night, Negreanu had cashed for $59,613 in the mid-stakes tier but had spent $93,500 in buy-ins, meaning he was down $33,887. Well, after last night, he is officially up $117,813.

Of course, nothing is official until after the series because he still has plenty more events to play with big buy-ins but — for the time being — things appear good for fans who bought into the mid-stakes package to make a profit. You can follow his progress via his popular daily VLOG series on YouTube.

Also, Negreanu did pick up nearly 500 Player of the Year points in his bid for a third WSOP POY title. The finish helped him leapfrog from 77th place into the top 20.

Joe Cheong Finally Snags Bracelet

Meanwhile, the flow of gold bracelets streaming out of Las Vegas continues to gush with former WSOP Main Event final table competitor Joe Cheong finally taking down a title.

Cheong outlasted 6,212 entries in the $1,000 buy-in Double Stack No-Limit Hold’em tournament to win a staggering $687,772 payout in addition to his WSOP bracelet.

The Las Vegas resident is one of the more underrated poker pros in the game today with a variety of big-time scores collected around the globe and nearly $14 million in live tournament earnings.

Cheong perfected his game online playing as “subiime” before moving to the live arena, where he instantly found success. He is perhaps most well known for finishing third in the 2010 WSOP Main Event.

The 2010 Main Event was one of the biggest in history and Cheong earned an astronomical $4.1 million for his third-place finish. Canadian Jonathan Duhamel would win the tournament for $8.9 million but there were a number of pros who thought Cheong played the best.

Renowned for his ability to stay cool at the table, Cheong lived up to his reputation after winning his bracelet.

“I feel pretty good,” he told WSOP staff after winning. “I've played poker so long, it was just another day at work.”

Here’s a look at the complete payouts from the $1,000 buy-in Double Stack No-Limit Hold’em tournament:

  • 1st: Joseph Cheong, $687,772
  • 2nd: David Ivers, $424,791
  • 3rd: Zinan Xu, $314,876
  • 4th: Andrea Buonocore, $235,099
  • 5th: Arianna Son, $176,820
  • 6th: Ido Ashkenazi, $133,970
  • 7th: David Guay, $102,258
  • 8th: Ivan Deyra, $78,638
  • 9th: Brock Wilson, $60,930