Poker Pro Daniel Negreanu is a Loser

Written by:
Guest
Published on:
Jan/03/2018

He may be the biggest money earner in the game of poker but the past two years have been duds for Kid Poker.


Now accepting most forms of crypto-currencies

This from Daniel Negreanu himself.

Posting on his blog, Negreanu noted that he's had back-to-back losing years in 2016 and 2017.

I felt like I had a decent year in terms of results, but when you break down the numbers into an actual profit vs loss, I essentially broke even!
Buyins: $2,874,164
Payouts:$2,792,104
Profit: -$86,140

Considering my average buy in on the year was $40,481 this is about as close as you can get to breaking even. In fact, after my $936,000 score I was up on the year but played a couple of the one day $25k events at Bellagio, rebought a few times, and ended the year in the red.

Nobody should be shedding a tear for Negreanu....not yet at least.

Over a five year period, Negreanu has recorded a $8,733,074 profit.

2013
Events 66
Cashes 13
ITM % 19.7
Buy ins $1,211,883
Payouts $3,203,423
Profit $1,963,500
Avg Buy In $18,363
Hourly Rate $3200

2014
Events 56
Cashes 13
ITM % 23.2
Buy ins $3,183,926
Payouts $10,284,090
Profit $7,100,164
Avg Buy In $56,855
Hourly Rate $14,045

2015
Events 49
Cashes 11
ITM % 22.4
Buy ins $1,513,125
Payouts $2,482,479
Profit $952,920
Avg Buy In $30,880
Hourly Rate $3388

2016
Events 49
Cashes 10
ITM % 20.4
Buy ins $1,546,355
Payouts $300,431
Profit (-$1,246,693)
Avg Buy In $31,558
Hourly Rate (-$3097)

2017
Events 71
Cashes 21
ITM % 29.6
Buy ins $2,874,164
Payouts $2,792,104
Profit (-$86,140)
Avg Buy In $40,481
Hourly Rate (-$144)

FIVE YEAR TOTAL

Events 291
Cashes 68
ITM % 23.4
Buy Ins $10,329,453
Payouts $19,062,527
Profit $8,733,074
Avg Buy In $35,496
Hourly Rate (Hours 2565) $3405

- Ace King, Gambling911.com

 

 

Poker News

John Cynn Wins $8.8 Million at 2018 WSOP Main Event

John Cynn Wins $8.8 Million at 2018 WSOP Main Event

Indiana resident is this 2018 World Series of Poker champion.

Tony Miles Now Has Solid Lead With Three Remaining in WSOP Main Event

Tony Miles Now Has Solid Lead With Three Remaining in WSOP Main Event

Only three remain in this year's World Series of Poker Main Event with Florida's Tony Miles holding the big chip lead.

2009 WSOP Main Event Champ Joe Cada Close to Taking Next Title

2009 WSOP Main Event Champ Joe Cada Close to Taking Next Title

The first day of the Main Event final table is in the books with six players returning at 5:30pm.

Benefits of Using Bitcoin With an Online Poker Site - Low Fees

Benefits of Using Bitcoin With an Online Poker Site - Low Fees

There are a number of advantages to playing at an online poker room using bitcoin and other cryptocurrencies, the most important of which perhaps are the low fees. 

Watch This WSOP Main Event Final Table Bubble Hand

Watch This WSOP Main Event Final Table Bubble Hand

With the field whittled down from 7,874 to 10 in the main event of the 2018 World Series of Poker, you have to see this to believe it....

Syndicate