Updated on 22 Feb 26 by
Valentin Scorus
Poker Expert

High Stakes Column: What's Going On with Gus Hansen?

In this column, we had a look at Gus Hansen's latest results and noticed that the "Great Dane" is not doing so well anymore. After starting April with a massive dent in his profits, we started wondering if this is 2010 all over again, when Gus was dealing with some huge swings.

The nosebleed stakes on Full Tilt Poker saw Gus Hansen record the largest profit so far this year, making over $4 million at one point. It seems that the fun ride has been stopped for a while, as he managed to lose more than $1 million in April.

Gus Hansen
Gus Hansen's profits so far in 2011
Photo source: Highstakesdb

Is it 2010 all over again for Gus Hansen?

Gus Hansen & Phil Ivey
Thumbs up for PLO

According to the data on Highstakesdb, Gus had a great year so far in Pot Limit Omaha, the game at which historically he has lost the most amount of money. Up until now, he managed to make over $4.5 million playing the highest stakes around.

However, the 2-7 Triple Draw games haven't been so kind to him. So far, he is down about $1.6 million from these games, which have been going quite strong recently, as the NL/PLO action was rather absent. This puts him at about $3 million in profit, which still puts him in 1st place for the year.

This sudden change of pace for the Great Dane is quite characteristic actually. He's known for his huge swings and you just need to look back one year to see this.

If you remember, he had a similar trend last year: he started the year with about $2 million in profit, then he lost it all and more, only to recover most of his losses towards the end of the year. Is this a case of "history repeating itself"? Could be, or it could just be a little setback.

Back in 2010 he said he would take a break from poker and re-evaluate his game, following a massive string of bad results. Did he actually worked on improving his game? Looking at the results, we would say "Yes", especially if we consider the stakes and opponents he has faced in PLO so far this year.

How would you judge Gus Hansen's results so far? Do you think he's on a heater and he'll take the same steps he did last year or will he actually hold on to this profit and eventually increase it? We would like to hear your thoughts on this, so don't hesitate and share them with us in the comments section.

2-7 Draw games - the new fad

Gus Hansen
Gus just doesn't want to hear
about the Draw games right now

Gus is no stranger to big swings - in fact that's how most of the poker world perceives him. However, we have to look at the results and see that his PLO game seems to be sharp - it's just that learning the 2-7 Draw games is costing him quite a lot.

He is actually not the only pro to switch his attention to these games. In a recent blog posted on BlueFire Poker, Phil Galfond also mentioned these games and said that he's paying quite a price to learn them, referring to the losses he recorded so far.

Besides these two, other big names like Phil Ivey, Tom "durrrr" Dwan or Patrik Antonius have also given these games a shot. Does this mean the centre of attention will shift from PLO to the Draw games? Some might say it is definitely an option, but it might also be just a passing thing. We'll just have to wait and see.

The high stakes world so far in 2011

Despite his latest losing sessions, Gus Hansen is still leading, with jungleman12 ranked second. Tom Dwan is on the other side of the spectrum, having dropped the most amount of money at Full Tilt Poker's virtual tables.

For those of you interested in the numbers, the top 10 winners and losers at Full Tilt Poker can be found below:

High Stakes 2011 Ranking
Top 10 Winners
Rank Name Profit
1st Gus Hansen $2,945,822
2nd jungleman12 $2,000,768
3rd Matt Hawrilenko $1,760,260
4th bixiu $1,425,663
5th Phil Ivey $1,329,563
6th O Fortuna PLS $1,138,945
7th Lance84 $934,076
8th NoPasaran $926,912
9th Seb86 $744,248
10th EazyPeazy $741,266
    
High Stakes 2011 Ranking
Top 10 Losers
Rank Name Profit
1st durrrr -$2,474,309
2nd kagome kagome -$1,889,832
3rd fishosaurusREX -$1,399,950
4th cadillac1944 -$1,336,308
5th UarePileous -$977,926
6th David Benefield -$774,570
7th Cole South -$688,162
8th DrugsOrMe -$649,905
9th Niki Jedlicka -$512,316
10th Kpederson -$454,935
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