David Chiu is a professional poker player with a prestigious portfolio decorated with five WSOP bracelets, one WPT Championship title, and over $8 million in live earnings. Let’s take a look beyond his remarkable achievements; there is something unique about Chiu that has sparked the curiosity of many: Chiu is famous for partial hearing loss, which many assume has given him an upper hand in his gameplay.
Today’s casino news will help you catch up with Chiu’s personal life and how he has his weaknesses and strengths as he built a successful poker career that only a few can match.
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David Chiu: Sharpened Focus or Poker Superpower?
David Chiu was born August 23, 1960, in Nanning, China, raised in the United States, and now resides in Rowland Heights, California.
Before he began learning how to play poker, one of David’s passions was swimming. However, he was forced to stop after an accident when water got inside his ears, resulting in about 35% hearing loss.
Going into the brutal job market, David Chiu ran a restaurant in Colorado before taking other jobs as a poker dealer and, later, a tournament specialist. During this period, his hearing deficiency forced him to rely more on sight. In return, he developed a great skill that set him apart at the table.
Tournament and WSOP Victories
First Bracelet Win
David Chiu started playing professionally in live tournaments in April 1996. In the $2,000 Limit Hold ’em game, Chiu outplayed all competitors to finish in first place, winning his first poker bracelet. He left the table with a $396,000 cash prize in his first-ever live tournament.
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A few months after his first WSOP win, David Chiu had another first-place finish in the $2,500+ 70 No Limit Hold ’em event at the 1996 United States Poker Championship in Atlantic City. This win earned him a $91,000 prize.
In 1997, coming in first place again, he got an $11,800 payout in the $500 + 40 Seven-Card Stud Hi/Lo event at the California State Poker Championship. In February of 1998, he won the $42,600 Limit casino hold em event at the LA Poker Classic for a $42,600 prize money.
Second Bracelet and Tournament of Champions Win
In May 1998, David Chiu got his second gold bracelet and $205,200 for finishing first in the 171-entrant $3,000 Limit Hold ’em WSOP tournament. Following several impressive wins, he became the first-ever player to win the now-defunct Tournament of Champions of Poker in 1999, finishing first in the Mixed Games for a $214,543 prize.
Third Bracelet Win
The 31st WSOP $5,000 + 100 Seven-Card Stud event in 2000 was a smooth game for Davide, winning his third championship bracelet and $202,000.
In 2002, he came second and third in the $2,000 and $5,000 Limit Hold ’em event at the WSOP, pocketing $206,420 and $63,530. And in 2004, he finished third in the 35th WSOP $2,000 No-Limit Hold ’em, adding $122,640 to his already impressive bankroll.
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Fourth Bracelet Win, WPT Title, and Biggest Live Cash
David Chiu got his fourth WSOP gold bracelet reward and a staggering $347,410 prize money by conquering the 2005 WSOP $5,000 Omaha Hi/Lo event. After this milestone in Las Vegas poker tournaments, he prepared to pursue another bracelet, which didn’t come until seven years later.
However, another prestigious title came in between. In 2008, David Chiu claimed a record victory in the $25,000 + 500 No Limit Hold ’em Championship event at the WPT, claiming his first major title and an impressive $3,389,140—his biggest-ever prize money.
Also, in May 2010, he won the World Team Poker Inaugural Event, finishing first and taking with him a $42,8577 cash prize.
Fifth Gold Bracelet
Finally, after a long streak of near misses, David Chiu struck gold again in 2013. He won his 5th bracelet in the WSOP $2,500 Seven Card Stud event, banking $145,520 in prize money. His last appearance in tournament poker was at the 2016 WSOP $10,000 Limit Hold ’em Championship Event, where he finished 4th for an $89,810 prize.
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David Chiu’s Net Worth
Looking at his remarkable tournament results, you can reasonably assume that David Chiu has accumulated a substantial net worth. Be sure and find the latest and most up-to-date casino news right here.
His live poker earnings exceed $8 million, and his best single tournament cash win exceeds $3 million. These winnings and any additional income from poker sponsorships or endorsements would significantly contribute to his net worth, though the amount remains undisclosed.
However, considering his last appearance in tournament poker was in 2016, (a long time ago) – that’s enough to have burned off a significant part of his net worth if he doesn’t have other sources of income.
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Conclusion
David Chiu’s ability to concentrate and try to read people has shown through his remarkable wins at the table. Competing in Omaha, No Limit Hold ’em, and other classic events, he has proven himself as the eleventh player to win up to five bracelets, and an amazing career.
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