Professional poker player Landon Tice decided to admit defeat ahead of schedule in the challenge against Bill Perkins, whose total winnings amounted to $ 376,400. Players managed to play a total of 4907 hands in 12 sessions. This is only a fourth of the planned distance, but given the results Landon Tice was forced to end this challenge.
It was planned to play 20,000 hands between the players at the $ 200/400 tables. 22-year-old Landon Tice gave Bill Perkins a 9bb / 100 odds. Considering the fact that Tice is not a highroller and is not a heads-up specialist. Before that he played 6-max cash and MTT, and against Perkins he came out with 90% stacking.
Landon Tice’s team decided to suspend the match after the players played a quarter of the distance in 4907 hands. The main reason was the low win rate of 3.25bb / 100. Considering this fact, it was not profitable to continue the challenge.
• Tice managed to win $ 63,720.
• Tice owes Perkins a 9bb / 100 handicap (1bb = $ 400). The hand was played 4907 – the payout is $ 176,400.
• The sidebet between them was $ 200,000 1-to-1 odds.
• Total Tice will pay $ 376,400.