Posts Tagged ‘Prop Bets’

Michael Mizrachi unveils App for making “Last Longer” Poker Bets

Tuesday, March 3rd, 2015

michael-mizrachi-blast-longerEverybody’s favorite gun-toting WSOP champ Michael Mizrachi has identified a niche within a niche in the poker world. And he’s looking to take advantage of it with Blast Longer, a mobile app that lets poker players make “last-longer” bets with each other.

So how does Blast Longer work? players open an account at Blast Longer, then challenge others to last-longer bets in either online or live tournaments. As you may or may not know, these prop bets determine the winner based on who lasts the longest in a tourney. If you’re looking for more beyond my vague description, here’s what Mizrachi has to say:

“Blast Longer offers players the ability to place last-longer side bets (blasts) with their friends or the larger Blast Longer community. The player in each blast who lasts longest in the tournament wins the pot. Each tournament will have multiple pots at different bet levels: 10 percent, 25 percent, and 50 percent of the buy-in for online tournaments, and one percent, three percent, five percent, and 10 percent of the buy-in for live tournaments.”

Currently, this service can be used on the major poker networks such as PokerStars, FullTilt, iPoker, partypoker, and Winamax. And the live capabilities will be launched come 2015 WSOP time.

If you’re not sold on the idea, then consider that Mizrachi calls Blast Longer “insurance for poker players” since it gives them another way to earn money – even if they don’t cash in the actual tournament. “The object of these bets is to last longer than your opponents without even cashing or winning a tournament, which can be profitable for the day,” he explained.

While prop bets are very common in the live poker circuit, online players don’t have as many opportunities to join in prop wagers. But Mizrachi’s Blast Longer app will definitely give average Joes an opportunity to cash in on the prop betting fun…or lose their ass, whichever one.

Poker Prop Bets Abound in 2010

Wednesday, May 12th, 2010

Prop bets have always been big in poker, with professional players making all sorts of ridiculous personal bets. Vegetarians have gone carnivore, players have golfed for a whopping $18,000 per hole, moved to Israel, gotten tattoos and more. The most recent prop bet in the world of professional poker is between players Phil Ivey and Howard Lederer.

Lederer has bet $5 million against Ivey winning WSOP bracelets in the 2010 and 2011 tournaments. Ivey has won a total of seven bracelets since the 2000 World Series of Poker, two of which he won last year. He also managed to make it to the Main Event final table in last year’s tournament. However, will he win two bracelets this year and the next? Apparently he’s willing to bet $5 million that he will!

On a crazier note, player Ted Forrest has a $2 million prop bet going with Mike Matusow. Matusow has bet Forrest that he can’t get his weight down to 139 pounds by July 15. He currently weights 188. If he manages to take of the 49 pounds, Forrest will get $2 million. If he doesn’t, he’ll pay Matusow $150,000. On a previous prop bet, Forrest ran a full marathon in Las Vegas summer heat for $7000 and went immediately to the hospital for severe foot injuries when he finished. Hopefully this new prop bet won’t land him in the hospital again! Matusow has also agreed to run through the Vegas Strip totally naked if three women take home bracelets in the WSOP.

Poker Pro Jeff Madsen Moving To Israel On A Prop Bet

Wednesday, April 14th, 2010

As if the world of professional poker wasn’t exciting enough, many poker players have been known to up the ante with personal prop bets. Over the years, prop bets have resulted in vegan poker players eating meat, players golfing for $18,000 per hole, running marathons and more. However, for the first time in history a player is moving to Israel on a prop bet!

Jeff Madsen posted his bizarre prop bet on Twitter with the tweet, “Just accepted a sick prop bet: I have to move to Israel until the World Series, no outside contact with friends, no cell phone, etc. 50k bet.” Madsen leaves for Israel tomorrow, April 15. He must stay in Israel until the start of the World Series of Poker on May 28.

How did this crazy prop bet come about? Madsen says he met a rich businessman at a charity event a few weeks ago and the subject of crazy prop bets came up. Madsen said he needed some extra money and the businessmen propositioned him with the idea of moving to Israel for 50k. Madsen agreed.

This isn’t the first crazy prop bet for Madsen. He recently was involved in a bet with Joe Sebok and Gavin Smith in which the first two players to bust out of the game would get a tattoo of the winner’s face. Madsen was second to bust out and got Smith’s face tattooed on his body.