Have you ever made a bet and only when you did so, wondered if the odds were really too good to be true?  

If you’re Terrence Chan, the answer is a definite yes as has emerged in the last 24 hours in dramatic fashion.  

Backing Landon Tice in the heads-up match the young pro will take on against established high roller Bill Perkins, Chan was subsequently disappointed to learn that the €1,000 maximum bet that he’d put on actually needed Tice to win while off-setting a rate of 9 big blinds out of every 100. In other words, $720,000 over the course of the 20,000-hand $200/$400 challenge.  

This seven-figure handicap not being clear to Chan, he proceeded to email Poker Shares, but his old friend Mike ‘Timex’ McDonald – who owns Poker Shares – responded in what Chan thought was an unkind manner to his betting query.