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Gus Hansen Nears $20 Million In Web Poker Losses

Danish Grinder Resumes Playing After Short Break, Continues Epic Slide

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It’s unclear why Gus Hansen doesn’t just stick to live poker, the arena in which he is one of the most successful players in the history of recorded card playing.

A horrible past seven days on Full Tilt Poker resulted in the Dane dropping nearly $1 million, which has brought his losses on 2014 to a new low of $4.66 million.

The recent plunge also put him at this lowest point ever on the software lifetime. Over the years playing on Full Tilt Poker, the Gus Hansen screen name is now down more than $19.5 million. That’s by far the worst for any one account in the history of web poker.

The number is so large that the second-worst account of all-time is roughly $12.5 million better off than Hansen. Unknown and inactive “noataima” lost just over $7 million from 2006-2008.

To be fair, noataima played just four percent of the hands that Hansen has played online. It has taken Hansen roughly 1.5 million hands since 2006 to lost the incredible sum.

Hansen took a break from online this year to travel during June and July. He made a stop in Las Vegas, and he said that he had a good summer playing live cash games in Sin City. Upon returning to Full Tilt this month, Hansen actually went on an upswing of around $700,000. However, the streak was very short-lived, as Hansen soon went on a seven-figure slide, followed by a quick uptick, and then this week, where he dusted off the profits and then some.

This month was the first time that Hansen broke the $19 million in losses mark. Back in May, Hansen was approaching the $19-million threshold. The short break was of no help.

Much of his losses over the past week came in the eight-game mix.

On the flip side, the bigger winners during the seven-day period were Alex “PostflopAction” Kostritsyn ($672,669), Viktor “Isildur1” Blom ($391,581), Isaac “luvtheWNBA” Haxton ($346,595) and Dan “jungleman12” Cates ($273,034).

Cates recently broke the $10-million mark in lifetime Internet winnings, and he shows no signs of slowing down. It seems like a matter of time before the Maryland native passes Patrik Antonius and Phil Ivey as the biggest winner in the history of online poker.

All figures via HighstakesDB.