Dan Shak Explained

Dan Shak
Birth Date:1959 5, mf=yes
Wsop Bracelet Count:None
Wsop Money Finishes:20
Wsop Main Event Best Finish Rank:167th
Wsop Main Event Best Finish Year:2012
Wpt Titles:None
Wpt Final Tables:None
Wpt Money Finishes:10
Ept Titles:None
Ept Final Tables:None
Ept Money Finishes:3
Updated:2014-03-12

Daniel Shak (born May 7, 1959)[1] is an American semi-professional poker player and hedge fund manager known for his accomplishments in high buy-in poker events.

Poker career

Prior to poker, Shak was a trader on the New York Mercantile and Commodities Exchange (COMEX). In 2002, Shak established SHK Asset Management, a hedge fund focused on gold futures.[2]

He began seriously focusing on poker in 2004. In 2005, he had his first World Series of Poker cash totaling $45,000. He has been active on the circuit since and came close to winning his first WSOP bracelet in 2010 when he came in second to Chris Bell at the $5,000 Pot-Limit Omaha Hi-low Split-8 or Better event.

Shak has participated in the World Poker Tour, though he has been less successful. He cashed for $70,000 at the 2007 North American Poker Championships in Ontario. Shak has been most successful at the Aussie Millions where he scored his biggest cash for $1,107,553 at 2010 $100,000 buy in event.[3]

In March 2013, Shak won the $125,000 Party Poker Premier League Poker VI in London winning $528,000, defeating Sam Trickett heads-up.

Shak has always considered poker a hobby and turned down any business offers related to it. However in 2013, at the request of friend Phil Ivey, Shak made an exception and joined Ivey Poker.[4]

, his total live tournament winnings exceed $7,400,000 of which $709,290 have come from cashes at the WSOP.[5]

Personal life

Shak is the son of Paula J. Felmeister (nee Cohen).[6] He was married to poker player and model Beth Shak; the two divorced in 2009.[7] In 2012, Dan Shak sued Beth over a shoe collection containing 1,200 shoes worth approximately $1 million, but then subsequently dropped the lawsuit.[8] In 2014, Dan Shak married former model Anna Shak. He was recently charged with manipulating gold and silver markets. [9]

External links

Notes and References

  1. Web site: Daniel Shak . March 12, 2014 . Global Poker Index.
  2. Web site: Wachtel . Katya . January 28, 2011 . This Poker-Playing Hedge Fund Manager Sent Shocks Through The Gold Market Last Week . October 26, 2015 . Business Insider.
  3. Web site: Dan Shak. PokerNews. March 12, 2014.
  4. Web site: Team Ivey adds new Poker Team Pro Dan Shak . Ivey Poker . January 5, 2013 . dead . https://web.archive.org/web/20140313035050/http://iveypoker.com/team-ivey-adds-new-poker-team-pro-dan-shak/ . March 13, 2014 .
  5. Web site: Dan Shak's profile on The Hendon Mob . 2024-04-03 . The Hendon Mob Poker Database . en.
  6. http://njjewishnews.com/community/lifecycle/obituaries/obituary-paula-felmeister New Jersey Jewish News: "Obituaries - Paula Felmeister"
  7. Web site: Barry . Doug . July 18, 2012 . Daniel Shak Decides He Doesn't Want His Ex-Wife's $1M Shoe Collection After All . Jezebel.
  8. Web site: Adams . Rebecca . June 25, 2012 . Beth Shak Sued For Shoe Collection By Ex-Husband . Huffington Post.
  9. Web site: Golubova . Anna . August 8, 2022 . CFTC charges World Series of Poker player with manipulating gold and silver markets . 2024-04-10 . KITCO.