Players Bet more on Bracelets than Buy-ins

Poker players tout the skill part of the game as the most important, but that doesn’t mean players don’t have a bit of gamble in them. Side bets and prop bets are commonplace between poker players.

Prior to the start of the 2014 World Series of Poker, two of the best known players in the game decided on a bet regarding victories at the WSOP that will result in gold bracelets. Phil Ivey and Daniel Negreanu decided to team up for a bracelet bet: If either of them wins a bracelet at the Series, the bettor loses. If neither wins, the bettor wins even money.

The minimum bet was $5,000 and the maximum bet was $1 million.

Quite a few players placed some bets, though details were not revealed.

Marvin Rettenmaier also proposed a bracelet bet just this week. The PartyPoker Pro and Event 2 second place finisher Jason Mo agreed to a $100,000 bet if one player wins a bracelet and the other doesn’t.