Poker Pro Daniel Negreanu is a Loser
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