The mother of all prop bets?

04/21/2010

Poker forums like twoplustwo were buzzing this week as members discussed the latest monster prop bet between top poker pros.

Generating plenty of comment and speculation was a report that international poker aces Phil Ivey - well known for his penchant for prop bets - and Howard "The Professor" Lederer, had agreed on a two year prop bet worth $5 million that Ivey will win at least two more bracelets at the 2010-2011 World Series of Poker spectaculars....or not.

Ivey has a good chance of acquiring another two bracelets, adding to his current collection of 7. He also has a good track record on this sort of speculative bet and was rumoured to have earned $10 million on side bets alone last year, over and above his total career earnings estimated at $12 815 787.