Landon Tice admitted he’ll be selling action for his upcoming heads-up no-limit hold’em match against hedge fund manager Bill Perkins. But he also told his Twitter followers that he’ll still have plenty of skin in the game.
Landon Tice is taking a big risk against Bill Perkins. But he certainly doesn’t lack the confidence to win. (Image: seminolehardrockpokeropen.com)
The proposed match, which both parties have tentatively agreed to, calls for 20,000 hands at $200/$400 stakes. Those are the same stakes played in the recently completed Daniel Negreanu vs. Doug Polk match. In that competition, which spanned 25,000 hands, Polk won $1.2 million.
During that challenge, Negreanu lost an average of $48 per hand dealt. In the proposed Perkins vs. Tice match, if the losing player loses at the same rate, that individual would end up down $960,000. With that said, these are two different players and we won’t know the win/loss rates in the match until they actually play. But Tice, who is just 21 years old, doesn’t have the bankroll to risk losing that much of his money.