Joined: Apr '11
Location: Romania
Age: 59 (M)
Posts: 2437
In a recent Twitter post Daniel Negreanu has shown the community just how much money he's made at the felt this year. Outlining his vital stats for 2013, Daniel's record demonstrates that it's tough to make a profit on the live circuit. Indeed, over the course of 51 events Daniel has cashed 11 times and generated a total profit of $944,126 from $1,842,206 in overall cashes. On a personal level the stats shine favourably on Daniel, however, they certainly show that to cut it on the pro circuit you have to be prepared to invest a serious amount of money.
Joined: Jun '10
Location: Belgium
Age: 52 (M)
Posts: 1457
Posted by Sorin888: In a recent Twitter post Daniel Negreanu has shown the community just how much money he's made at the felt this year. Outlining his vital stats for 2013, Daniel's record demonstrates that it's tough to make a profit on the live circuit. Indeed, over the course of 51 events Daniel has cashed 11 times and generated a total profit of $944,126 from $1,842,206 in overall cashes. On a personal level the stats shine favourably on Daniel, however, they certainly show that to cut it on the pro circuit you have to be prepared to invest a serious amount of money.
It sbtypical ... people only remember the big prices you win but never think of the times you win nothing....
If you wanne be a pro you have to invest and be aware of up- and downswwings of tour bankroll.
Just keep in mind to follow the rules of bankrollmanagement
Joined: Mar '11
Location: Croatia
Age: 44 (M)
Posts: 1738
It's not bad at all. Considering the number of professionals entering those events someone making almost $1M in profit in just a bit over half a year is a great result so far. How many ppl can claim doing that in 7 months work?
Joined: May '12
Location: United Kingdom
Age: 39 (M)
Posts: 2064
It's an ROI of around 200% -- Great in anyone's books. (Almost exactly the same as my online record, just on a sliiiiiightly bigger scale)
Here's a thought though.... How much of the ~$900k profit do you think he's spent flying around to all these tournaments, and no doubt living the high life while he's there?
Joined: Jan '11
Location: United States
Age: 61 (M)
Posts: 3361
I don't really want anything from anyone, but I really wouldn't mind hitting the lottery here in Indiana tonight. The state lotto is up to 10.5 million and that's a lot for the state alone. I know if I turn my 10 dollars into 10 million I'll give you a dollar ryan.
To be honest I'd be traveling around to meet several of the mobsters in person and having a good time.
Joined: Feb '12
Location: Canada
Age: 65 (M)
Posts: 6036
Posted by lukasb: It's not bad at all. Considering the number of professionals entering those events someone making almost $1M in profit in just a bit over half a year is a great result so far. How many ppl can claim doing that in 7 months work?
Lot's of folks....!!!
You needn't look any further than all those Wall St. investment bankers who destroyed the world's economy with all their greedy schemes to amass ALL the money...
Pfffft.....they make TWENTY, THIRTY,....and even ONE HUNDRED times or MORE than that...!
Joined: May '08
Location: Lithuania
Age: 40 (M)
Posts: 10090
so what do you mean it's so tough to make a profit: daniel clearly showed to everyone that he made almost $1 million profit, and you are saying it's hard to profit? as someone mentioned above: ROI of 200% doesn't look too shabby...imo statement that it's hard to make profit in live poker would be true if he showed $1 profit from his 51 events
who destroyed the world's economy with all their greedy schemes to amass ALL the money...
