..

From Fast Food To Fast Cash: Dan Cates Biggest Online Poker Money Maker 2010

Written by:
Patrick Flanigan
Published on:
Jan/20/2011
Dan Cates

Dan Cates had been working in a McDonalds before trying his hand a professional poker online.  Now he finishes 2010 as the biggest money maker in the game onlineCates beat out online poker phenom Tom “Durrrr” Dwan and Phil Ivey for the honor. 

The 20-year-old economics major at the University of Maryland isn’t even old enough to play in most land-based casinos.

Cates plays an average of 650 hands a day. He’s thinking about moving out of the country to avoid paying taxes on his winnings, according to the Washingtonian.

After making $5.5 million in 2010, he can expect to pay a lot of taxes.

Coming in second was Andreas Torbergsen (Skjervoy), who made $3.7 million and just narrowly edged out Dwan at $3.6 million.

Phil Ivey made a nice $3 million, though he was just pushed out of the all-time poker money maker top ranking by Daniel Negreanu a few weeks ago.

Di Dang (Urindanger) made $2.2 million playing online poker in 2010.

- Patrick Flanagan, Gambling911.com

Poker News

Jungleman, Other Phil Ivey Backers Seek Court Action to Reclaim Winnings

Jungleman, Other Phil Ivey Backers Seek Court Action to Reclaim Winnings

Big name poker players Dan Jungleman and Illya Trincher have filed a court action in an effort to claim their share of Phil Ivey’s World Series of Poker winnings after getting caught in the crossfire Borgata's battle to collect on a legal judgement.

$5,000,000 High Five Tournament Series Returns 4 20 Days

$5,000,000 High Five Tournament Series Returns 4 20 Days

The High Five poker tournament at Americas Cardroom returns, bigger, better - and can we be blunt - four times richer than the previous tournament, with $5,000,000 in guarantees. It runs September 10th-29th.  And WE'ED love to see you win it.

Poker Player Calls Cops After Busting Tournament And Gets Herself Arrested

Poker Player Calls Cops After Busting Tournament And Gets Herself Arrested

An unidentified female poker player busted then got busted, literally, all after earlier offering to flash her breasts.

PartyPoker War on Bots Continues, Closes to Serbian Market

PartyPoker War on Bots Continues, Closes to Serbian Market

PartyPoker continues to wage war on bots, this time resulting in the termination of 121 fraudulent accounts and $76,267 and €88,351 confiscated.

Winners of Seminole Hard Rock Poker Open Announced

Winners of Seminole Hard Rock Poker Open Announced

For the fifth consecutive year, the Seminole Hard Rock Poker Open (SHRPO) concluded with the crowning of The Big 4 champions at the Hard Rock Event Center at Seminole Hard Rock Hotel & Casino Hollywood.

Syndicate