With 40 cashes in the World Series of Poker Dutch Boyd is without doubt a very solid poker player. However, with Boyd appearing in fewer tournaments, rumors of whether he has gone broke will continue to abound. So is Dutch Boyd broke?
Has Dutch Boyd gone broke?
Boyd is one of the very few people to hold three WSOP bracelets. As a newcomer to the poker circuit, he famously finished 12th in the 2003 World Series of Poker Main Event, in a table in which Chris Moneymaker executed his game changing win.
Boyd went on to become a successful player winning 3 WSOP bracelets and 40 WSOP cashes. After establishing the poker website PokerSpot, he became one of the most well-known and respected players. Unfortunately, the website failed spectacularly when players could not access their money. Nonetheless, while he is now low key, his name is still revered in the game.
A Child Prodigy
Born Russell Aaron Boyd on December 24 1980 Boyd, who adopted the name Dutch Boyd for his Poker persona, was inspired to get into the game after watching the movie Rounders. In his last year of law school, he was so into the game that he would play online poker night and day. After graduating from college, he moved to California and got a job working at a department store during the night and playing poker in the daytime.
Mental Health Problems and Failure of Pokerspot
His rapid rise in the world of Poker led Dutch Boyd to establish an online poker casino – PokerSpot that enhanced the respect he had in the game.
While the website was profitable it would eventually shut down mired in controversy, with Dutch telling different stories to players that had deposited money with the site. After he was committed for a brief period in Antigua, Boyd asserted that he was struggling with mental health problems.
Dutch Boyd’s Top 5 Tournament Cashes
– 1st place for $475,000 at the 37th World Series of Poker (WSOP) 2006, Las Vegas
– 1st place for $288,744 at the 45th World Series of Poker (WSOP) 2014, Las Vegas
– 1st place for $237,685 at the 2007 Doyle Brunson Five Diamond World Poker Classic, Las Vegas
– 1st place for $234,065 at the 41st World Series of Poker (WSOP) 2010, Las Vegas
– 5th place for $169369 at the 38th World Series of Poker (WSOP) 2007, Las Vegas
Dutch Boyd’s Losses
Having never become the very elite of poker players, Boyd’s biggest loss was the collapse of his casino website. With similar websites that came after PokerSpot now making millions, being first to the market he would have been a multi-millionaire by now if the site had not folded, and destroyed his reputation along with it.
While he continues to take part in tournaments though intermittently, his winnings are not as great as they used to be. In most of the tournaments he has participated in since 2012, his winnings barely doubled the buy-in, and he is yet to finish in the top 40 in any of the tournaments in 2016.
Moreover, his most expensive buy in this year was the $5000 at the 47th World Series of Poker (WSOP) in June 2016, in Las Vegas from, which he profited about $2000. His meager profits and intermittent appearances have led to rumors that this great player is in the dumps, unable to afford the high stakes buy-ins.
So is Dutch Boyd actually broke?
While it is quite evident that Dutch Boyd has seen a downturn in his fortunes over the past few months or years, it would be a tad speculative to say that he is broke. PokerDBs statistics show that Dutch has earned $24,371 in 2016. This has seen him drop to 8393rd from 6102nd on the all-time money list. His biggest win this year was the $9167 he won at the 47th World Series of Poker (WSOP) 2016, Las Vegas when he finished 45th in an event.
Since the WSOP was held only four months ago, any rumors that Dutch is broke are likely to be highly exaggerated. Moreover, given his big win in the event, it is clear to see that while he may not be as good as he once was he is still quite good.
Nonetheless, the 47 WSOP series in June was the only major tournament that Boyd took part in this year. Press reports indicate that he has been writing a book detailing his experience, titled Poker Tilt.
A closer look at press news and reports shows that Dutch is playing less of poker probably since he is more invested in promoting his book. He is also writing a poker strategy book – Poker Tells, which he should publish by next year’s WSOP, though he has not given a definite timeline for when he will publish.
We could argue that his work with his books is what is keeping him away from the poker tables. So with so little action at the tables, is Dutch Boyd broke? Regardless of modest earnings in 2016, he has a book published and another in the works, and so it would be too soon to count Dutch Boyd out.