Texas Mike poker net worth has grown as a result of his career as a professional high-roller, winning numerous game trophies and cash prizes. He gained further recognition in May 2024 when he recreated Doyle Brunson’s iconic bluff at Hustler Casino Live (HCL), showcasing one of the greatest poker performances of the year.
Recently, Texas Mike’s poker net worth has become a hot topic in casino news, thanks to his fearless playstyle and high-stakes performances.
Texas Mike Poker Net Worth: The Rise of a Poker Success Story
Michael Moncek, famously nicknamed Texas Mike, is an American poker champion from North Barrington, Illinois. He obtained his bachelor’s degree from the University of Texas (perhaps the origin of his nickname) and his MBA from Loyola-Chicago. Mike co-owns an industrial packaging company, BOX Management, based out of the Chicago area.
Texas Mike’s poker career began in the fourth quarter of 2016 when he debuted at the WSOPC Hammond $200 No Limit Hold ’em Special Event. From then on, he has continued showing up at different poker tournaments, much like players in top-tier casino games rise through the ranks. With over $2.3 million in short-time live earnings, two WSOP bracelet wins, and three WSOP Circuit rings in his portfolio of tournament achievements, this guy is not just a regular player.
Tournament and WSOP Wins that Contributed to Texas Mike Poker Net Worth
Texas Mike poker net worth started gaining momentum in March 2018 when he earned a top-ten finish in the $360 No Limit Hold ’em event at the Chicago Poker Classic in Hammond, Indiana. He came in 8th place, netting his first significant prize, $12,405. Eight days later, he won bigger in the $2,000 No Limit Hold ’em Main Event at the same tournament, securing 5th place and a $59,831 prize. His efforts behind the scenes paid off.
Triple-Circuit-Ring Year
In 2019, Mike had three major victories in tournament poker. First, in January, at the WSOP Circuit Milwaukee in Milwaukee, Wisconsin, he defeated 1,098 players in the $300 No Limit Hold ’em event to win the $60,532 first-place prize and his first WSOP Circuit ring.
His second win of the year came in September, earning him his second WSOPC ring in Milwaukee’s WSOP Circuit $400 No Limit Hold ’em event, along with $14,297 in prize money. And just a month later, he took home his third WSOP ring and a $21,751 top prize in the WSOP Circuit Horseshoe $600 No Limit Hold ’em Six-Handed event in Hammond, Indiana.
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WSOP Bracelets and Fourth Circuit Ring
Texas Mike poker net worth took a giant leap in June 2022. He got his first WSOP bracelet and a $145,856 prize in the $1,500 Limit Hold ’em event at the 53rd WSOP in Las Vegas. Thirteen days later, he finished 5th in the prestigious WSOP PKRGO $100,000 No Limit Hold ’em High Roller 8-Handed event and left the table with $420,944.
Fourth Ring
In November 2022, Mike added the fourth WSOP Circuit ring to his portfolio by winning the $330 + 70 No Limit Hold ’em Ring Event 5 at the WSOP Circuit Chicago in Elgin, Illinois, for $25,679.
In 2023, Mike made an iconic return to the WSOP in Las Vegas. He started the series with a triumphant win when he took down the $5,000 No Limit Hold ’em/Pot Limit Omaha event for his second WSOP bracelet and $534,499, his biggest cash prize.
Continued Wins
Twelve days after his second bracelet Win, Mike showed off his skill in Razz, finishing 3rd in the $10,000 Razz Championship for $133,177. This performance demonstrated his mastery of multiple poker disciplines.
From there, he traveled to the Bahamas for the WSOP Paradise Series in December of 2023, where he played well in the $25,000 + 1,000 Pot Limit Omaha High Roller event. Although he finished 6th place, Mike still earned a cool $172,300 for his efforts.
This year, Texas Mike was at the 55th WSOP in Las Vegas. He showcased his skill in various games, including the $25,000 Limit HORSE High Roller event, finishing 3rd for a $336,442 prize.
An inspiration to some, Texas Mike is a figure many poker players emulate. You can try your luck at poker games and verify if you are up to his level, supported by our casino guides, to dominate the tricks and strategies required to be the best!
Televised Poker Appearances
Texas Mike’s career is not limited to tournaments only. He has been on HCL livestreams, first appearing on HCL’s The Chicago Game (Episode 456) in 2023. However, he has yet to be on the winning side of the show.
On June 15, 2024, Michael Moncek participated in the WSOP online bracelet event, finishing 9th, earning $21,542 through online casino gameplay.
On Day 3 of the 2024 Million Dollar Game, he suffered one of history’s biggest televised poker losses. He lost a staggering $2.75 million in just one session. At the same time, Peter, a pro player, became that week’s highest paid poker player as he walked away with almost $5 million.
Texas Mike Poker Net Worth: Where Does It Stand Today?
Texas Mike poker net worth is likely in the million-dollar range. His numerous tournament wins, high-stakes cash game appearances, and ownership stake in BOX Management make this possible. However, we can’t put a precise figure because of the volatile nature of poker and the losses he experienced in televised poker games.
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