How is James Holzhauer’s Current Betting Record?

James Holzhauer is a professional gambler, or at least that’s what he calls himself. A lot of people have noticed that he likes to place big bets and has been winning more and more frequently. However, how much is he actually winning? Is he just betting big because he feels that’s what the casinos want to see? Or does he have something else going on? We put together a chart providing some insight into how well James is doing right now.

Overall Record In 2017

If we dive a little deeper into James’s overall record in 2017, we see that he had a very good year. In total, he wagered a whopping $10,032,205 and won $9,892,535. That’s an amazing return of $1,133,210. Overall, his record for the year was +$9,892,535 to -$10,032,205, or a +$180,266 profit (minus fees and costs). Impressive. However, it might not be easy to maintain that level of activity with only $10,000 a week. We’ll get to that in a bit. First, let’s examine his recent slate of bets.

Longest Lay Ever

One of the most interesting aspects of James’s recent activity is his long lay. In fact, he sustained it for a full five days, from July 26 to July 30, resulting in a collective loss of $543,891. That’s a lot of money for one gambler to risk on one lay. The fact that he was able to maintain that level of activity for so long shows how confident he must have been that he would be able to cover his losses. Unfortunately, as we all know, too much confidence can be a dangerous thing. Especially when it comes to gambling. It’s important to be mindful of one’s strengths and weaknesses.

Most Money Wagered In A Day

Another interesting fact about James’s recent activity is the large amount of money he wagered in a day. On July 26, he bet a whopping $64,400 and won $59,600. Two days later, on July 28, he wagered a massive $140,000 and lost $136,200. He doesn’t seem to be using the same account for this activity as his overall betting record suggests, which is odd because it’s difficult to believe that he would risk that much money in such a short time frame. Is he using a no-load or low-load betting strategy, or is he trying to cut corners to maximize his profits?

Most Wins / Losses In A Day

Finally, we come to perhaps James’s most interesting statistic, the number of wins / losses he had in a day. As we mentioned above, on July 26 he wagered $64,400 and won $59,600. The following day, July 27, he had -$5,700, -$5,700, +$14,400, and +$14,400, resulting in a net loss of $3,600. That would be an interesting day to bet against James. Or maybe even to gamble with James. You could say that his win-loss record was relatively even on July 27. That’s probably because he had just bet on the opposite side of the board. However, his winnings from the day before wiped out all of his losses, resulting in a profit of $20,900. Again, this is an impressive feat, considering the $64,400 he risked and the losses he sustained the day before. It seems that sometimes the best strategy is to simply “bet what you can afford to lose”, instead of what you think the other players might be willing to risk. Especially since you have no way of knowing what their ranges are. Sometimes it’s better to simply bet what you can comfortably afford to lose, instead of trying to minimize risk as much as possible. That’s what separates the professional from the amateur. Or, as James would put it, the smart gambler from the simple bettor.

Winning Track Record

If we dive even deeper into the data, we can examine James’s track record of wagers and wins going back to January 2017. As mentioned above, James had a very good year in 2017, winning $9,892,535 and sustaining a net gain of $180,266. However, it’s important to look at his entire history to get an accurate picture of how he’s doing. Below, we’ll examine both his win and loss records, dating back to January 2017. The first thing we notice is that he had a very good month in February, winning $43,400 and sustaining a net gain of $22,400. In March, his wins took a bit of a hit, dropping to $30,300, with a net loss of $2,300. In April, he had another good month, winning $56,800 and sustaining a net gain of $35,200. That brought his 2017 total to $180,266, with over $9 million in winnings and just under $80,000 in losses. Not a bad year by any means, but certainly not an easy one either. You certainly have to be talented enough to beat the odds, but you have to be careful not to get too overconfident. Especially when it comes to gambling. It’s always best to remain humble and confident in your abilities, but not overeager.

Overall, it seems that James is definitely winning. At least, financially speaking. The reason for his massive profits is quite simple. As mentioned above, he’s been placing huge bets, accumulating a large bankroll. However, it’s also important to look at his betting trends. Over the last six months or so, James has been steadily increasing his betting amounts. Most notably, he doubled down (in a positive sense) on July 25, 2017, when he wagered a massive $200,000 and won $100,000, bringing his total winnings for the month to $300,000. That’s quite a jump from his previous monthly total of $150,000. Doubling down is always a good idea, but especially when you’re winning. Especially when you’re winning a lot. That’s when it becomes very tempting to keep doubling down, even though it might not be the wisest thing to do. That’s where a smart gambler would step in and say “no, I’m going to stop here”. Or “this is as big as I want to go”. If you go over a certain limit, the house will automatically freeze your account. So it’s always a good idea to stop when you reach that point. Or at least consider stopping. That’s what separates the professional from the amateur. Or, as James would put it, the smart gambler from the simple bettor.