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Daniel Negreanu Cashes $2.7 Million in 2017 but Still Losing Money

Streak of Bad Luck

Daniel Negreanu has posted that he has run at a loss for two years in a row. In 2016 he was down $1.2 million after buy-ins of $1.5 million, and only cashing out $300,000. 2017 didn’t fare much better with buy-ins of $2.87 million and cash outs totaling $2.79 million. Taking this into consideration, fans of poker should not automatically assume that the taking of over $2 million is a good accomplishment because of the stakes that are routine in poker these days.

Negreanu’s streak of bad luck comes after a five-year winning streak where he is up $8.7 million, having cashed $19 million on $10.3 million buy-ins. This six-time bracelet winner states that he buys in with the money he has earned and that the money he receives from a deal with Pokerstars is not factored in. That being said he also stated that he would likely be selling action into the One Drop, as the price was too high to risk in one tournament.

Daniel Negreanu’s Plans for 2018

Following the tradition of publicly releasing his goals for the year, Negreanu achieved five of the eight goals he set for himself in 2017 including cashing out $2.5 million and crossing the 100 cash threshold at the World Series of Poker.

In his release of his goals for 2018, Daniel Negreanu scaled back his expectations. He set out ten goals for the year for himself including to win one bracelet, best $40 million in earnings and to get 115 World Series of Poker Cashes. He also hopes to make a profit of $2 million from participating in tournaments in 2018, and to spend 120 hours this year studying poker, to name a few.

Negreanu is hoping to stay at the top of the money list for one more year, with currently a lifetime earning of $35,319,815. Not far behind him is Erik Seidel with just over $33 million. The other players that make the top five are Dan Colman, Antonio Esfandiari, and Fedor Holz in their respective order.

Julie Moraine

With 4 years experience as an analyst, Julie—or ‘Jewels’, as we aptly refer to her in the office—is nothing short of a marvel-worthy in her attention to the forex and cryptocurrency space as she quickly became the first pick to co-pilot education to the masses with Mike.