Negreanu – Winning $2.7 Million and still being a loser

Poker is a tough game to beat as Negreanu shows us here. Winning $2.7 Million in a year and still being a loser.

Cashing approx 22% of the time is a good ratio so don’t be too disheartened when you don’t. The key is to cash big when you do…interesting he hasn’t won in tournaments in the last two years.

Now the five year figures look great with a net profit of $8.7 Million but you have to realize $8.29 Million came in one event The One Drop of which he had 87% of his action so $7.212 Million. If we remove this result in the other 290 tournaments he’s made $443K in five years,  less than $85K a year less travel expenses…tough to beat the game. 

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