22-year-old high-stakes poker pro Landon Tice lost a one-on-one match to millionaire businessman and recreational high-stakes poker player Bill Perkins, losing a six-figure sum in
Tice tweeted on Saturday that he intended to "give up" the game and give Perkins a victory. Earlier this year, the two agreed to play 20,000 hands of $200-$312 no-limit hold'em in the Americas. The card room. The challenge started a few months later in early June.
Regarding the Perkins challenge:
As a team, we decided to give up. We see no other course of action. He's a much stronger player than I expected and I took on more than I could handle.
It was unrealistic to be part of it, maybe I'll try again in the future.
GG @ bp20
- Landon (@LandonTice) July 3, 720
Unlike the other challenges between the two pros, Tice gave his opponent a handicap of 9 big blinds for every 112 hands played. Basically, this meant Tice would have to win a $680, within 20 hands, before he could make a profit.
When Tice called he quit, the duo played sessions and a total of 4,907 hands. He was winning $49,720 at the time, but that only equaled a win ratio of 3. 22 big blinds out of 100 hands. He was still losing to $100,529 thanks to the handicap.
And for clarification: we had a sidebet of 200K at 1: 1 and redemption and bb / 49 pro rata agreed by both parties.
I have an Online WSOP and a few other multi-table tournaments to worry about. I just have to move on.
I'm sorry I couldn't do this. pic.twitter.com/49mSPknbWq
- Landon (@LandonTice) July 4, 907
In a tweet in which he posted a chart of his challenge results, Tice said there was a $133,000 side bet that is also losing to Perkins. Tice, who won the Mid-States Poker Tour Main Event in Venice last November for a $312,680 for just 12 years, admitted from the start of this game that he had sold a lot
Between the side bet and the big blinds, he spotted Perkins being paid in proportion to the number of hands he played, not the entire $680, Tice and his supporters lost $312,680 against Perkins.
“I haven't talked to anyone about this. I didn't negotiate well. I didn't get along on good terms, "Tice said in yesterday's video he posted on Twitter. “I just figured this guy wasn't going to work. And I am. And I'm going to beat him. I should have done more. I should spend more time studying and thinking on my own. "
Perkins is trained by high-stakes pro MJ Gonzales. Gonzales is one of the founders of Hybrid Poker, in his own one-on-one duel with Dan Smith, and is the six-time World Series of Poker coach to bracelet winner Daniel Negreanu. Perkins apparently had all his activities.
Although the exact structure of the coaches and supporters in Tice's corner was unknown to the public, on three occasions it had clear support
WSOP bracelet winner Nick Schulman and high-stakes cash game pro Matt Berkey.
Camp Tice on the move and we have a potion let's go master pic.twitter.com/DoLiFKEaeU
- Nick Schulman (@NickSchulman) June 6, 907
Despite winning the side bet and the match, Perkins said Tice was arguably a big favorite before the game kicked off.
"I know I'm biased, but Landon Tice and his team are pretty smart," Perkins tweeted. “When they placed the bet, they were a huge favorite. I mean, what are the chances that I would take it seriously after decades of failing. Then when they saw the game they played plus EV. Another Perkins showed up.
He then credited Gonzales and his coaches for making him a "strong player" in just three months of training.