It looks like the Galfonds challenge that is running from half a month might be already over.

Galfond and ‘VeniVidi1993’ have battled across 15 sessions at €100-€200 PLO on Run It Once Poker, Galfond’s online poker site to promote the site. Through those 15 sessions, 9,927 hands were played and Galfond was down €900,240.17. The three most recent sessions have set Galfond back €419,016.77 alone.

Phil said the two had six more sessions planned in February and that missing those sessions will see Galfond take a per-session penalty of about €3,000 each. Galfond and ‘VeniVidi1993’ were planning to play 25,000 hands, with Galfond risking €200,000 in side action to the €100,000 of ‘VeniVidi1993.’ In his note, Galfond said he is going to suspend playing anymore sessions against ‘VeniVidi1993’ until at least March 1.

When March 1 rolls around, Galfond will decide if he’s going to continue to battle with ‘VeniVidi1993’ or call it off. If Galfond does elect to call it off and accept defeat, he’ll have to pay ‘VeniVidi1993’ the €200,000 side bet money.

“I hope I feel prepared to come back and put on a good show for you all, but I know that realistically, as much as I don’t want to, there’s a chance I’ll have to just take the loss,” Galfond said.

...

read full article (6 comments)