Tensions Rise After Mike Matusow Admits Not Having $2 Million To Pay Prop Bet Against Ted Forest

Despite Ted Forest managing to shed an incredible 50lbs of weight over just 2 months to win his massive $2 million prop bet with Mike Matusow, tensions have risen between the two poker pals over the precise terms of the agreement.
The duo are no strangers to making high stake diet prop bets against each other, with Matusow  previously having taken $100,000 off Forest after successfully losing around 70lbs over a year.
This time it was a 188lb Forest’s turn to lose the weight, and a deal was struck whereby Matusow would either win $150,000 or have to part with $2 million, depending if Forest managed to get his weight to under 140lbs within the¬†limited time frame.
By July 15th, Forrest weighed in at 138 pounds to win the bet, but will now have to wait some time to collect his money from Matusow, who now intends to pay up the huge sum at a rate of $5,000 a month. As Matusow explains:
“I don’t have the $2 million to pay out…I made that bet because I didn’t think it was feasibly possible…I could pay him a big lump, but I’m going to wait six months to see if he dies first. I think he’s 50-50 to die. He starved himself for 11 days and ran 16 miles a day. He’s lost all of the muscle around his heart. He could have a heart attack. All that for $5,000 a month.”
Matusow also seems to have his calculations worked out incorrectly, and said he intended to pay the $5,000 monthly payments over an 18 year period. The fact it would take nearer to 33 years to complete the bet was not wasted on Forest, who said:
“He beat me [last year], and I paid him off. I think he should try to pay me as much as he can in the next two months and then work out a satisfactory, reasonable, agreeable payment arrangement.”
As the dispute is set to run a while longer, it would appear to be a good time for Matusow to take on yet another diet prop bet of his own, as he is now likely to start losing more than a few pounds as he begins sweating how to pay out the enormous bet.

Poker News
28 Mar 2018
In March 2017, Bill Perkins offered Jaime and Matt Staples a prop bet at odds of 50-1 that they could not get within a pound of bodyweight of one another inside of a year. At the time, Jaime weighed 140kg (315lbs) compared to 60 kg (135lbs) for Matt, but undaunted by the size of their
24 Oct 2017
Nothing seems to get poker players more motivated to achieve some impressive feat than a good prop bet with plenty of money on the line. Whereas there is often a strong physical dimension to these wagers, such as extreme dieting or cycling huge distances within time constraints, poker pro Joe Ingram seems to enjoy a
18 Sep 2017
The Poker Masters is in full swing at the ARIA Resort and Casino in Vegas, with all but one of its five event schedule left to play. Luckily for Daniel Negreanu, that’s the $100,000 buy-in freezeout finale, as the Canadian superstar stands to collect an extra $1 million in bets if he wins more money
03 Aug 2017
Bill Perkins is well-known on the poker circuit for his wild prop bets. Over the years, these have included Dan Bilzerian cycling from Las Vegas to Los Angeles in 48 hours for $600,000, Jeff Gross getting a gay rainbow tattoo for $550,000, and Antonio Esfandiari lunging everywhere over a 48 hour period for $50,000. More