The Best Poker Prop Bets Gone Wrong
8 years ago12 Nov
When it comes to gambling, prop betting can take place on almost anything you could imagine-from the outcome of a football game to which cards appear on the flop in poker, to first scorer in basketball and a million other things.
More interesting, and often outrageous, dangerous or just hilariously funny, are the âpoker prop betsâ which such gamblers resort to for fun, and which often entail a huge amount of money, or sometimes something more extremeâŚ.like getting a boob job if you lose!
Perhaps not so awful if you are female, but back in 1996 Brian âThe Wizâ Zembic accepted a wager of $100,000 that he wouldnât get 38C breast implants. Never one to shirk a dare, as we will see, Zembic went ahead with the operation and became the owner of a magnificent pair of tits- which he had to keep for one year to win the $100K.
19 years on and Zembic still proudly displays his âchest-wareâ, done for free by a surgeon in exchange for dropping a backgammon debt. Such is the way of the gambler.
I got lazy, I was busy gambling, and, honestly, they grew on me,â stated Zembic in an interview with Maxim magazine shortly afterwards, adding the boast, âPlus it hasnât hurt my ability to get girls. They donât give a shit.â
This wasnât the first outrageous prop bet Zembic had taken on. He once slept with homeless people under New York's 59th Street Bridge, which earned him $5000. The catch â and you know there always has to be one in prop bets â is that he had to do so with $10,000 of his own cash strapped to his leg.
And it is this kind of detail is what makes prop bets so interesting, amusing and addictive to the gambler. Just like in Luke Reinhardtâs famous novel âDicemanâ, there also has to be a huge down-side to the bet to make it worthwhile wagering huge amounts of money.
One famous poker prop bet involved Howard Lederer, who had turned vegetarian after some gastric surgery. As explained in the classic poker book 'The Professor, The Banker and the Suicide King', David Grey offered Lederer $10,000 to eat a cheeseburger. Despite the obvious problems to his gastric system, the money proved more appetising, and Lederer duly scoffed the burger, took the money (and probably suffered consequences too ugly to mention here!)
Another poker legend, Antonio âthe Magicianâ Esfandiari, famously bet $500,000 that he could go without any form of sexual release for an entire year. Oil and gas trader â and fellow high-stakes poker player Bill Perkins took Esfandiari up on his bet, not believing that âthe Magicianâ would manage such celibacy (including as it did masturbation!)
Esfandiari had been inspired by a Buddhist friend to âseek enlightenmentâ through self-imposed sexual chastity â and lasted all of a week before âbuying himself outâ of the preposterous bet.
After one week, I bought out of the bet,â he explained, though how much it cost him to do so is a secret. âI donât want to say the sum, but it was an amount that hurt. I paid a pretty price.â
Often the other gambler pretty much has to allow this âbuy outâ to make a profit, as Esfandiari explains:
If it would cost me $500,000 to have sex or masturbate, I would have stayed celibate.â
Not that having to buy out of such bets early has stopped Esfandiari from making other prop bets. Such is the fun -and money -that prop bets entails that itâs difficult for the high-stakes player to refuse such action.
And he also likes the intellectual side of it â though some might not see something like âswimming across the shark tankâ or âsnorting lines of saltâ as having any intellectual integrity at all!
The way these things come up, everybody is usually completely new to the situation,â stated Esfandiari. âItâs interesting to see how people gather information on the fly and dissect that information.â
However, experiencing new and weird things is often at the heart of the Magicianâs decision to accept prop bets.
He once attended a dinner party at the home of Dan Bilzerian-the âInstagram Kingâ and a poker pro - where his host demonstrated how a bullet-proof vest works by shooting at one lying on the floor.
Not enough for Esfandiari, as he explains:
I thought that was a waste. I decided that I wanted the max rush of experiencing it. So I put the vest on and let Dan shoot at me.â
No money involved, nothing tangible to be gained, but as Esfandiari says:
I got my max rush. In that instance, the experience was worth more than any money I could have gotten for agreeing to be shot at.â
There is very little in the way of prop bets which hasnât been done, and won or lost â and the ingenuity of some of the winners is legendary. âTitanicâ Thompson, a scratch golfer, once bet that he could drive a golf ball 500 yards â a seemingly impossible task â but when the bet was accepted he drove to a nearby frozen lake and â using the ice as an aid â easily accomplished the 500 yard distance.
With prop bets probably being as old as gambling itself, they have built up a legendary status which is unlikely to ever stop. As long as gamblers have the money, and the balls to wager it, then people are going to continue doing the craziest things â like Johnny Moss deciding to accept a 15-1 bet of a $1000 that he couldnât beat up a huge, known tough-guy in the pub, a 100-0 record bar fight monster.
Despite cold-cocking the guy from behind, Moss ended up seriously battered and broken in hospital once the streetfighter had finished with him.
According to Howard Lederer, the story goes that fellow poker-legend âPuggyâ Pearson turned up to visit Moss at the hospital and told him he was crazy, that he couldn't go on taking these kinds of bets.
Moss, a true gambler, up for any proposition as long as the price was right, looked at Pearson and murmured:
Fifteen-to-one was too good to pass up. I had to take it."
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