Poker Pro Daniel Negreanu is a Loser

Submitted by Guest on

Written by :

Guest

Published on :

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

 

 

Related Content

Amy Acton Ohio Governor Odds Jump Another Point to -450 Wednesday Night

Amy Acton Ohio Governor Odds Jump Another Point to -450 Wednesday Night

The fallout from the widely condemned Vivek Ramaswamy campaign ad featuring his opponent's mother telling people not to vote for Amy Acton continued Wednesday night.
Mike Norvell Next Head Coach in College Football Fired Odds

Mike Norvell Next Head Coach in College Football Fired Odds

It took seven weeks, but the first Power 4 pink slip was officially issued today.
Gadi Eizenkot Odds to Become Next Israel Prime Minister After Next Election

Gadi Eizenkot Odds to Become Next Israel Prime Minister After Next Election

While President Trump endorsed Benjamin Netanyahu for re-election recently, VP JD Vance declined the opportunity to back the embattled Israeli leader this week.
AJ Brown Drops, Tanner McKee Touchdowns Rest of Season: Latest Odds

AJ Brown Drops, Tanner McKee Touchdowns Rest of Season: Latest Odds

Each week of the season, BetOnline Sports & Casino has props on the upcoming NFL games and the league's hottest headlines.