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aug
11

Tom Dwan already paid Daniel Cates over $700,000 in Penalties from 2010 Durrrr Challenge

Tags: Daniel Cates, durrrr challenge, jungleman12, Tom Dwan.
Posted on Friday, August 11, 2017 by "T".

Dwan (left), Cates (right)On Wednesday night, Dan "jungleman12" Cates made a surprising announcement while he was on Doug Polk's podcast regarding his tribulation that started back in 2010 with fellow pro poker player Tom "durrrr" Dwan.

The Durrrr Challenge
The durrr challenge is an open dare to the online poker community offered by high-stakes player Tom Dwan. Basically the structure is 3-1 on this bet: That over 50,000 hands of 200/400 Pot Limit Omaha played online, they would fail to show a profit against him.

Here's the original statement of the challenge Dwan wrote, "I'm making this heads-up challenge to the world. Anyone can accept. Four tables, minimum of $200/$400, and I'll put up $1.5 million to their $500,000. We play 50,000 hands minimum and if they end up a dollar after rake they keep the side money or whatever. So basically, if you and I played and you won a dollar, you would get my $1.5 million and if I won a dollar I would win your $500,000. So I'm giving a million dollars free if anyone thinks they can do it."

Between $700-$800K paid already
Daniel "jungleman12" Cates recently revealed that Tom "durrrr" Dwan has already paid him around $700,000 to $800,000 in penalties ever since refusing to continue on their 2010 poker deal of 50k hand $200/$400 NLHE 50,000 hand challenge.

This disclosure truly creates a whole new perspective about their situation. On the course of the past years, Dwan was perceived to be only carrying out delaying tactics and had no intent at all to finish off their match, for which he has $1,500,000 up against Cates' $500,000 as to who shall be ahead right after 50K hands have passed.

In 2010 on Full Tilt, Cates and Dwan played a few times, however their match ups have become too drastically scarce up until Black Friday occurred, and after that the match has been ceased on an indefinite amount of time (due to the fact that online poker was no longer allowed in the United States). After Full Tilt re-opened its online doors in 2012, they continued to play a few more matches; however, for the past four years Cates' has not heard back from Dwan, and with just 20k hands played, he is currently down $1,200,000 in their challenge.

One of the largest scams in poker history?
Many from the poker community were disappointed with Dwan's demeanor over not putting any much of an effort to finish the challenge. Some believe it had all been a ‘scam', as Doug "WCGRider" Polk also mentioned in his latest podcast episode aired a few days ago.

However, despite all these speculations, what strikes as oddly strange was the fact that up until now Cates had never publicly revealed that Dwan has been regularly paying him penalties in exchange for his non-participation in the challenge, and those penalties have now reached around $700,000 up to $800,000!

So with this realization, many are thinking that there's a high chance that Dwan will just buy out his way out of the bet, even though Cates did mention that all this time he still wishes to continue and complete the challenge.
It looks like Cates is thinking that this challenge (which is the longest-running unfinished heads-up match in the history of poker) could be over before 2018 ends, and he was even willing to take on prop bets on that date.

Whatever the outcome will be, with this eye-opener directly from Dan Cates himself, it is nice to hear that Tom Dwan isn't totally flaking out and he's acting like a true gentleman, that is, paying for a humongous amount in penalties for failure to keep his end of the deal.

Source: https://www.highstakesdb.com/8068-jungleman12-durrrr-has-paid-me-over-700k-in-challenge-penalties-so-far.aspx

 


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16 comments for "Tom Dwan already paid Daniel Cates over $700,000 in Penalties from 2010 Durrrr Challenge"

 pochui8/11/2017 8:09:28 PM GMT
well this is kinda strange situation really, I just wonder if this is mathematically wise thing from dawn to do, almost a cool million now accumulated in form of penalties probably he should've finished the challenge me ponders this would be a +ev action
 Mober8/11/2017 8:45:56 PM GMT
Like poker isnt good enough to gamble away that amount of money, they need to create
some "special" games.
Weird story here, that is going on for too long now.
First time i ever heard about it.
He should have finished the game in the first place.
 av19668/11/2017 9:34:34 PM GMT
Hello my fellow mobsters

These guys are totally crazy they make to much money on trhe cash tables onhigh-roller tables at the asian casinos (so it`s reported Tom makes is living there) that they allow themselfs to make this kind of outside games Question Question
Seems like a battle of egos and testosterone Worship Worship Worship anyway is nice to see the paying of the bet no matter how crazy the bet was
 CALICUL8/11/2017 11:25:08 PM GMT
Is still talking about Tom "durrrr" Dwan that he does not have much money. It may be true but he proves it is a big gentleman. 700.000 dollars in penalties for dan cates it's not easy. His character is great in this problem. Interestingly, Tom Dwan he lost a pot of 20 million in macau. An amount of money that arranges you for life. This is terrible. Respect Tom Dwan Worship
 doubletop7778/12/2017 6:46:11 AM GMT
Its really nice to see that Tom Dwan seems to be doing the decent thing and, at least, paying some of the prize. He has been getting a lot of bad press of late and this makes a nice change
 shokaku8/12/2017 8:39:21 AM GMT
Everytime this thing is going to be forgotten, one of the guys involved comes up with some kind of update of the situation. But i guess this challenge is no longer of any interest for the general poker public.
 pajalnick8/12/2017 7:08:37 PM GMT
50,000 hands of course it's a lot of games .... but if you play constantly and do not think about it then maybe it will pass unnoticed ... and of course a million dollars as a prize is a nice figure for so many .... interesting news
 Tony_MON7ANA8/13/2017 1:17:45 AM GMT
I actually had no idea what the “Durrrr Challenge” was until I read this article. Both Tom “durrrr” Dwan and Dan “jungleman12” Cates are an accomplished high stakes poker player. I am wishing them both the best of luck.
 shokaku8/13/2017 4:44:38 AM GMT
This is, or better, this has been, the second durrrr challenge. The first one was between Dwan and Patrick Antonius. But that one run quite smoothly in comparably short time, with Dwan coming out ahead.
 Nightkid8/13/2017 4:47:01 PM GMT
Well I see that nobody is saved from those things haha sooner or later the trial comes haha but it is nice to play so that 3 - 1 would have good profits but everything depends on how is the other player and silver that I play at there nor by Fuck I got to that amount lol Aww crap! Aww crap!
 pochui8/14/2017 12:05:26 PM GMT
I kinda begin to think that this has become more like a promotional tool for the both of dudes involved, this story just pops up out of the blue at some point and does attract some headlines, I guess this attention is useful for dawn and cates.
 shokaku8/14/2017 12:14:11 PM GMT
Maybe for Cates. He still playes online and in the US of A, so he might attract more action. But Dwan has dissapeared to Macao, and no longer plays online (as far as i know), but only in the live games there.
 bowie19848/14/2017 5:39:16 PM GMT
Posted by shokaku:
But Dwan has dissapeared to Macao, and no longer plays online (as far as i know), but only in the live games there.

Yeah, wasn't there an article about his 'disappearance/exile' in South-East Asia a couple months back here? He owns money to a lot of people now.
 Gerimantas8/14/2017 7:08:45 PM GMT
I hear about this durrr challenge a lot of times and it is very old thing, i remember when I played on full tilt poker i saw this challenge is going and this was so long time ago, years and years and they still can't finish this, shame to tom dwan he is the problem in this situation
 TheMachineQC8/15/2017 2:32:54 PM GMT
I'm not surprised that he is paying him money to buy out of the challenge. Tom "durrr" Dwan may be a degenerate gamble and he probably thought he was unbeatable at that point. I'm sure reality caught up to him.

Good thing they were able to sort that out. Good luck to both of them.

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