Daniel Negreanu Reveals His Year End Results
30 December 2017
PokerBrave (3200 articles)
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Daniel Negreanu revealed recently his year end results on his Full Contant Poker blog and the results might surprise some of his fans.

Poker fans might often get distracted what the seasoned pros actually make by just looking the live tournament cashes. However, when you deduct all travel expenses and buy-ins, the actual profit is much less as Negreanu points out.

For example, Negreanu used $2,874,164 in tournament buy-ins in 2017 and cashed for $2,792,104, ending his tournament year with a $86,140 loss.

“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,” Negreanu writes.

The numbers don’t include the profit Negreanu makes from his various sponsorship deals. Negreanu also reveals he makes occasinally some staking deals with other players when the buy-in is high enough, like the $1 million buy-in One Drop tournament next year:

“I have separate deals with companies like PokerStars and Poker Central, but this income is unrelated to my buy ins. I make the decision to play and risk money that I’ve earned. Having said that, I will likely be selling action into the One Drop as it just seems like a bit of a crazy amount of money to risk in one tournament. I’ll likely sell about 50% of the action and I don’t charge mark up,” Negreanu reveals.

Negreanu published also his five year total profit for all the tournaments he has played, which is around $8,7 million.