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In this special episode of Crush Live Call-ins Bart talks about prop bets in the poker community. He specifically discusses the $100,000 prop bet that Rich Alati has taken on where he must spend. A proposition player, usually referred to by the shorthand word prop, is an employee of a casino whose job is to play in poker games as directed by the floorman, usually in order to keep games going as they begin to get shorthanded. The casino has an interest in keeping more games going, since they earn their money by raking the pot: the more tables in play, the more pots, and the more rake. Poker playing brothers Jaime and Matt Staples won a substantial amount of money this weekend, but it wasn’t won at the poker tables. It was won via a prop bet. Twelve months ago, the two brothers made a bet with Bill Perkins that they couldn’t weigh within a single pound of one other in a year. Prop betting is an excellent way to inject live poker with even more action. It not only gives you an opportunity to win a little extra cash on the side, but it also acts to enhance the social camaraderie among all poker players at the table. Read on to see what types of prop bets we recommend you make next time you play live poker. Mike McDonald is back making crazy prop bets—this time challenging himself to become a chess grandmaster. This is no mean feat, and it is not just a case of putting in the hours. It is well beyond the vast majority of the human population regardless of how hard they try. The basketball bet was as.
Poker pro Rich Alati endures 20 days of a 30-day sensory-deprivation prop bet against fellow pro Rory Young, winning $62,400 when he accepts a buy-out offer from Young.
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An unusual $100,000 proposition (“prop”) bet between high-stakes poker pros Rich Alati and Rory Young over whether Alati could endure being confined in a pitch-black room for 30 days has ended early. The confined Alati won the wager after accepting a buy-out offer from Young 20 days into the unusual mental-endurance challenge.
According to a feature by Darren Rovell at the Action Network, Young offered Alati a $62,400 buy-out payment after judging that Alati was likely to endure the full 30 days of the original solitary-confinement wager. Alati stood to collect $100,000 had he successfully stayed in the room for the full 30 days, while Young would have collected the $100,000 from Alati if Alati had been unable to complete the 30-day stress test.
“At the last food drop, he was stronger than ever,” Young told Rovell and the Action Network. “I underestimated his mindset, his resolve. I’m not disappointed I made the bet, I thought I had the better side, but he has exceeded all my expectations.” Young made the buy-out offer during the latest of a series of sporadic food deliveries to Alati’s darkened space; those food drop-offs occurred at irregular, three-to-six-day intervals to keep Alati from accurately judging his length of stay in the isolated space.
Formal contract defined wager
Rovell and the Action Network previously obtained the formal, 11-page contract defining the terms of the prop bet. According to the contract, Young was absolved from blame for any adverse health problems incurred by Alati as a result of the wager, including “death, disability, blindness, diminished vision, loss of any eye function,” and more. The contact even included the creation of a three-person arbitration panel was established in case there were any disputes about the wager.
Also peripherally involved in the wager was Alati’s father, Richard, who was allowed to keep tabs on the prop bet’s progress without offering any communications with his son. The senior Alati admitted he was against his son’s gamble, but conceded it was an aspect of his son’s gambling-centric lifestyle.
The primary health concerns raised by most onlookers centered on possible eyesight damage or psychological problems owing to the total-blackness confinement. Both concerns may have been exaggerated; Alati’s eyesight may remain acutely light-sensitive for some time, and his willful endurance of the confinement likely reduced his risk of any “stir-crazy” aftereffects, even further eased by the knowledge that he could voluntarily end the wager at any time.
Prop bets a gambling-world staple
Such proposition bets have been a part of the gambling world for decades, though this one, because of the possible serious health risks, drew more criticism than most. Weight-loss challenges for sizable sums are a staple of the niche, as are outcome-oriented tattoos and the like for some unfortunate losing bettors.
One of the most famous weird wagers in prop-bet history occurred in 2016, when high-stakes poker player and sports bettor Brian Zembic accepted a wager to get breast implants and wear them for a year. This was another $100,000 wager, and Zembic not only won the bet but continued to wear them after collecting the payout.
As for Alati, he managed to endure an unpleasant situation far better than some others. In the 1990s, prominent poker pro and recent Poker Hall of Fame inductee John “Johnny World” Hennigan accepted a wager to spend six weeks in Des Moines, this at a time when online gambling didn’t exist and the Des Moines region had no casinos. Hennigan, a betting-action junkie, stayed only two days in Des Moines before conceding the bet and flying back to Las Vegas.
If there is a silver lining to the outbreak of COVID-19 and complete shutdown of live poker, for the time being, it’s clearly the return of high-stakes prop betting.
With live players suddenly having a bunch of time on their hands, professional poker players have brought back the art form that is proposition betting.
Former poker pro and current daily fantasy sports guru Pete Christensen was at the center of the most highly publicized wager. According to Christensen’s original tweet that laid out the specific rules of the bet, he wagered $2,000 against DFS pro Jonathan Bales that Bales could not finish 2,400 push-ups in a 12-hour span.
Bales would complete all the pushups on camera in front of three judges approved by both Christensen and Bales, who would count each push-up.
The Push-Up Challenge is officially on! @BalesFootball will attempt to complete 2400 pushups in 12 hours. We have a $2000 wager. He'll start Thursday morning. Details posted below. Let's go!!!! pic.twitter.com/pwRQkZcFYf
— Pete (@draftcheat) March 30, 2020
Although Christensen’s tweet said that there was a $2,000 wager, it was rumored that he ended up betting much more than that. Beyond the initial bet between Bales and Christensen, the bet became so popular in the gambling world that there was plenty of side action between gamblers who took opposite sides.
Christensen tweeted that he thought there were probably seven-figures changing hands on the outcome of the bet. BetOnline’s sportsbook even started taking bets for those who couldn’t find another party to take the other side. Just before the start of the event, “yes” was the favorite going off at -150 on the money line.
Will BalesFootball</a> complete 2400 pushups in 12 hours today? We’re blessed with all day entertainment thanks to his bet with <a href='https://twitter.com/draftcheat?ref_src=twsrc%5Etfw'>
DraftCheat
Heavy money is on YES at -150
https://t.co/NGryTddSrPpic.twitter.com/wEu7zMRjbb
— BetOnline.ag (@betonline_ag) April 2, 2020
The favorite came in with Bales completing the 2,400 push-ups with about an hour to spare.
Worst thing in the world is a sore loser. I've bitched about the judging enough. Bales get to 2400 send me your payment info and you'll have it tonight. I tip my cap.
— Pete (@draftcheat) April 3, 2020
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High-stakes mixed game specialist Melissa Burr was at the center of two of the other more popular bets being talked about on social media.
Burr, who finished seventh in the 2014 $50,000 WSOP Poker Players Championship, decided that she wanted action on how long it would take Josh Arieh to finish a 2,000-piece puzzle, wanting someone else to set the line so she could pick the side.
She got action from WSOP bracelet winner and WPTDeepStacks champion Jason Young. Burr took the over on 31.5 hours for $100. Arieh completed the puzzled under the allotted amount of time and Young won the bet. Instead of taking the money and pocketing it, Young decided to buy $100 worth of pizza and have them delivered to his local hospital.
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Burr’s bet that had more fanfare surrounding it was her chicken nugget bet. Burr and her friend known as “RGR” wagered on how many nuggets Burr could eat in one hour. She wouldn’t disclose the amount wagered but would say that it was “more than $1,000 and less than $50,000.”
There were a couple of different milestones in this bet. She laid 5:1 on being able to down at least 47 nuggets and even money on 60. With each of those lines, hitting the number exactly was a push and she would need to eat at least one nugget over that amount to win the bet.
“I basically called [RGR] a wimp for not being able to eat 47 chicken nuggets,” said Burr about how the bet originated. “That’s where we got the line and the idea to bet.”
Whistleblower of the Stones Live cheating scandal, Veronica Brill, live-streamed the entire hour on her YouTube channel.
As Burr got closer to the finish line, Brill offered that if Burr could eat an extra nugget and reach 62, she would donate $100 to the local food bank. Other similar offers came in and Burr ended up eating 65 before calling it quits.
David Tuchman, Andrew Barber, and a couple of others added $100 donations, while Vanessa Selbst made a $300 contribution of her own.
“I knew I had to eat as many as I could before my body realized it was full,” said Burr about the experience. “At exactly nugget 54, I felt the metaphoric wall. But how could I be the girl that puked on YouTube? So, I dug deep and ignored the feeling. At the end, I thought I would feel worse than I did, but surprisingly I just felt consistently full for the next 36 hours.”
Even with the uptick in random gambling during the COVID-19 shutdown, Burr acknowledges that this is nothing compared to what some of the old school gamblers did.
“Craziest prop bet? You’d have to ask someone like Ted Forrest,” said Burr. “My history of prop betting pales in comparison to some of these guys.”
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In 2010, Forrest made one of the more legendary bets when he risked $150,000 to win $2 million after Mike Matusow bet him that the then 188-pound Forrest couldn’t weigh under 140 pounds in just a few months. Forrest weighed in at 138.
Other notable high-stakes prop bets from recent poker history include Ashton Griffin’s 2011 $300,000 victory by running 70 miles in 24 hours and Erick Lindgren’s infamous 2007 golf prop bet. Lindgren won $340,000 from Phil Ivey, Gavin Smith, and a handful of other high-profile poker pros that when he walked four consecutive rounds in the Las Vegas summer heat, carrying his own clubs and shooting under 100 for every round.
The coronavirus quarantine measures certainly cast doubt over when live poker will return, but one thing is certain. Gamblers are going to find a way to gamble.