How does he look like an idiot if he was freerolling all the way (which clearly seems to be the case)? I´d much prefer to call him a scumbag for that.

I´d also much rather consider Ted to be the idiot in this bet. How on earth did he think he would ever get paid $2m by a clown who was busto/staked most of his life?

This looks kind of similar to what happened with Erick Lindgren. Forrest has obviously been forced to give up on the money, so all he has left is shame Matusow in public.

The story about Forrest trying to get Mike to sell off some of the bet actually makes him look pretty bad, imo. Matusow only would have found some mugs to buy by concealing what was actually going on (i.e. the bet was lost) and Forrest would have profited directly from every $ sold. Sounds like borderline hustling/cheating to me. I guess nobody is innocent in this story?

what a ridiculous man

Mike's trying to play it off like it was a drunken bet that shouldn't be taken seriously. Have you seen those pictures of Ted Forrest during that bet? He obviously took it very seriously to the point of looking like death. And, you know if Mike had won, he would be expecting every cent. Both parties are to blame. Mike for being a scumbag and Ted for making a million dollar bet with a known degen lunatic.

It stuns me that someone could say this. 1st off I would never take any side of a bet this ridiculous. But If in my drunken stupor I had, then I wouldn't expect someone to be able to pay me 1.8 million. Mike is probably just surviving to pay his bills right now.

There's a reason there is bankruptcy protection in our laws. Even if he sued for this prop bet and won, he could file for bankruptcy and have the debt washed. There's no such thing as a debt where you have to make payments for the rest of your life.

This is why prop bets this big are idiotic. Only a true degenerate would get involved in this stuff.

Mike claims that's exactly what he did. The bet was made one drunken night, he sobered up the next morning and tried to cancel the bet, but Ted wouldn't let him out of it.

Which Ted completely denies, and which of the 2 undoubtedly has more credibility?

It's not impossible for Mike's side to be right or at least not reasonably wrong. Would need more clarification/info.

Mike Matusow tried to cancel the bet? If he called Ted the next morning, after sobering up, and said, "listen, I was drunk last night. I no longer would like to bet, so don't bother losing the weight because I will not pay", does Ted Forrest still torture his body to make weight? Sounds suspect to me. What am I missing?

What you are missing is that two people who don't have a million dollars, bet a million dollars. One or both were super drunk.

I understand there were drinks involved the night of the bet. Re-read my post and there is clearly talk of a sober morning after. My post is in reference to the subsequent day. Also, one person involved not having a million dollars is irrelevant because he did not have a million in jeapordy.

owing $1.8 million to your friend is so old school.

I lol´d ...

... and then I lol´d some more

Oh and one more gem regarding Matusow being a freerolling degenerate

http://www.nytimes.com/2008/06/29/fa...&st=nyt&scp=2&

him and the grinder mizrachi are coming up to Calgary and Edmonton, Alberta for some deepstacks series. In calgary starting this saturday and in edmonton oct 4-12

2 busto tards are busto and need money. What to do?

Step1 Make a multimillion dollar bet

Step2 Dont pay

Step3 Sell debts for 10%

Step4 Share Profit

Mike sure didn't seem like this was an unreasonable bet on ESPN

Didn't Matusow have 10% of the action sold to a 3rd party (who actually paid up $200K)? Hard to tell if Matusow & Forrest shared the $200K, who knows?

my question is how does Ted go broke when he says he doesn't bet sports because he has priorities. Didn't this guy have a multi million dollar bankroll?

It's poker dude. You have any idea how many guys have had 7 figure bankroll just to piss it away at high stakes and party lifestyle?

Guessing his "natural instincts" honed from playing tons of live poker that were good enough to win at the limit games he specialized in towards beginning of poker boom, were no longer good enough once a bunch of young online guys put a bunch of time away from the tables analyzing + solving those games. And once many more of those types started playing in those games than the rare fish, he lost all his $.

Made me chuckle. Sounds like something a degenerate gambler would do though.

To clarify a point that has been made before. The two bets were as follows.

Mike gave. Ted 10-1 for 100k Ted could to get to 140lbs by a specific date
Mike gave Ted 20-1 for 50k that Ted could not get to 140 lbs by another date

Teds entire risk was 150k and Mikes risk was 2 million. ted paid 100k the year before in a separate prop bet to mike. So saying he would stiff here for 150k is absurd

But had it been 1.8 that Ted owed he then would've likely stiffed out of the likely impossibility of Ted being able to pay that much. Mike is certainly a target to lambast here. However, Ted ended up collecting 293k, if I were him, I'd be happy enough with that and call it a day.

That was a long azz time ago dude where have you been?

And if the bet included a stipulation that Ted had to gain 200lbs and take a massive dump on the moon without a space suit and he lost i think mikey would have been stiffed too out of the likely impossibility of Ted being able to do that.

But it doesn't really matter because neither of those are what the bet was. Don't know him personally but Maybe Ted is the type of guy that doesn't make bets he's unable unwilling to pay. haven't heard any stories to the contrary. Mikey... not so much.

Mex Ted could not have owed 1.8M even if he lost both parts of the bet. Teds entire risk was only 150k. He was getting 15-1 odds from mike on the wager. The year before Mike beat Ted for 100k in a prop bet and Ted paid. Therefore it is absolutely unfair to assume he wouldn't pay 150k.