In a nutshell, Tom puts more money on the table than his opponents, in an attempt of leveraging the difference in skill that he allegedly has over other poker pros. Granted, most of his competitors refuse to accept the fact that they are in any way inferior to Dwan, they are more than glad to accept these preferential terms. Dan “jungleman12” Cates is one of the players who accepted his challenge and now the entire poker community is anxiously waiting to see who prevails.
It’s been a while since the challenge was issued and accepted, but until recently nothing was going on and there was no reason to expect it to resume anytime soon. Apparently everything changed this September when the two players came to a new agreement, at least if we are to trust Dan Cates. He told the media that under the new terms, Dwan is provided with the impetus to play at least 4,000 hands in September.
So far, the two poker players refused to disclose the new terms, but Cates said that if they don’t play any hands before the end of the month, he would release some information. “Jungleman” is overly confident in the outcome of this challenge, claiming that under the new terms he is guaranteed to make money regardless of what happens next. Obviously, he prefers the challenge to resume shortly and come to a swift conclusion in October.
On the other hand, he agrees that his opponent has plenty of options these days and this makes it hard to find the time to play the necessary hands against him. Macau promises to be very profitable for “durrrr”, who can compete against wealthy businessmen with more money than poker skill, which translates into “easy games”. So far, almost 40% of the hands have been played and Cates has a significant advantage over his opponent, with $1.25 million ahead. If he can maintain this advantage he will keep the winnings and receive an additional $1.5 million, while Dwan can only win an extra $500,000 if he wins the race.