Landon Tice Concedes Heads-Up Challenge To Bill Perkins
Landon Tice, the up-and-coming American Poker star, has officially conceded his No Limit Hold’em Poker challenge to hedge fund manager and high stakes player Bill Perkins. On Saturday, 22-year-old Tice waved the white flag. This event, which has been much hyped, was not a straight challenge. Perkins was afforded a handicap of nine big blinds per 100 hands. This means that over the duration of the game, Tice would have to have won at least $720,000 in order to break even.
This is a tall order, even for the most experienced of players. Ultimately, the decision was made by Tice’s team to bail on the challenge before it even began.
Tice Faces Criticism
After his decision, Tice has faced heavy bouts of criticism from members of the Poker community. Many of the Poker community’s stakeholders had already bet on Tice and felt that him throwing in the towel with just 25% of the 20,000-hand match was a surprise. This is compounded by the fact that Tice was on pace to win not too long ago.
Despite the criticism, Tice has also received a fair deal of support and well wishes. However, these well wishes by no means outweigh the negative sentiment circulating about the player. Leaked messages from Jason Mo suggest that Tice is a player who cannot be coached and spends too much time on social media instead of preparing himself for the challenge.
A Star On The Rise
Over the past few years, Tice has earned himself a reputation of being a star on the rise. Just three years ago, he was playing wagers of 2 cents and now, he places a minimum of $50 in games online. In November last year, he was the winner of the MSPT Main Event held at the Venetian. Here, he walked away with a career best of $201,529.
While Tice is undeniably a rising Poker star, on Tuesday, the player lost $28,000 in a 337-hand game opposite Perkins. This brought his total down to $63,720 over 4,907 hands, making for quite the unremarkable session compared to the rest of the player’s career.
Perkins, on the other hand, is a regular when it comes to high-stakes cash games and to date, has earned $5,449,472 in live tournament winnings. The player praised Tice and his efforts and gave plenty of credit to his coaches for getting him this far.