Carlos Mortensen has recently been inducted into the Poker Hall of Fame, so what does that do to his net worth? Has he actually gone broke?
Who is Carlos Mortensen?
Carlos Mortensen is a Spanish professional poker player, who has amassed almost $12 million in tournament poker earnings. His success spans all poker series including the WSOP and the WPT. He moved to the US to play poker in the late 1990s as the games were much better. He scored instant success.
Mortensen has won the WSOP Main Event, and is the only Hispanic player to do so. His win came before the poker boom Chris Moneymaker started, and his success has stood the test of time.
In 2001 Carlos Mortensen crushed the field in the WSOP Main Event. Along with the bracelet and title, Mortensen also won $1.5 million for his efforts. The final table was a tough one as it was stacked with professionals. Phil Hellmuth, Mike Matusow, Phil Gordon, and Dewey Tomko were all there. This did not intimidate Mortensen.
Mortensen also has a second WSOP bracelet from a $5,000 Limit Hold’em event in 2003.
Mortensen has three WPT titles, and became the first player to win both WPT Championship Event and the WSOP Main Event. He is one of the most prolific WPT players in history. His WPT strike rate is incredible with 15 cashes, 5 final tables, and 3 title wins.
Mortensen’s $12 million in tournament earnings have come from 3 cashes over $1 million. His biggest cash was for almost $4 million when he won the WPT Championship Event.
Success outside of poker
Mortensen has kept quiet outside of poker, and generally stuck to making most of his money on the felt. This approach is very similar to Erik Seidel who is also a prolific tournament player, but keeps to the tables.
So what is Carlos Mortensen’s net worth?
Carlos Mortensen likely has plenty of investments and other opportunities off the felt. It is estimated that Carlos Mortensen’s net worth is $5 million. This is a fair number considering his long poker career, and the majority of his net worth has been generated at the poker table.
So has Carlos Mortensen gone broke?
Mortensen has been playing less and less these days, and buy-ins with a much smaller entry fee. This is concerning, but being recently inducted into the Poker Hall of Fame will help his media presence.
He has cashed in 12 poker tournaments in 2016, so we can assume he is still active at the tables. His biggest 2016 cash to date was just over $24k.
It is likely he has ‘made his money and run’ given he is a more casual player than he was in his more successful days. This is a standard approach to poker, as it is a very mentally draining game to play for so many years.
The Poker Hall of Fame
Carlos Mortensen was inducted into the Poker Hall of Fame in 2016 along with Todd Brunson. Mortensen history of huge poker wins clearly defines why his induction was well deserved.