Shaun Deeb Accepts Buyout in $1 Million Body Fat Loss Prop Bet

Bill Perkins has bought out of a $1 million fitness prop bet with poker star Shaun Deeb, who is now in his best shape in years thanks to a little financial motivation.
Nearly 11 months ago, the poker players agreed to a 14-month wager on Deeb’s ability to bring his body fat composition down significantly. The bet had essentially no stipulations either get to 17% body fat by the start of the 2024 World Series of Poker (WSOP), or lose $100,000.
Deeb was permitted to take just about any measure necessary to drop from over 40% body fat, and if he were to do so, he stood to win $1 million at 10:1 odds. In March 2023, PokerNews asked the poker community to predict the outcome of the challenge, and more than half gave the six-time WSOP bracelet winner zero to little chance.
Prop Bet Buyout Details
Last month, Deeb gave his X followers an update on his progress, and it was certainly positive in his favor. A January 25 Dual-energy X-ray absorptiometry (DEXA) scan showed his body fat had dropped to 23.9% with still four months to go. That caused Perkins to begin proposing potential buyout possibilities on X, although nothing had been officially agreed upon.
On Friday, he went in for another DEXA scan, and he was in even better shape 22.0% body fat composition. Then, on Saturday, the future Poker Hall of Famer informed his social media followers that Perkins had bought out of the bet for $800,000 just over three months from the start of the 2024 WSOP.
Deeb made it clear that although he’s no longer financially vested in the prop bet, he will continue to put in the effort to get to 17% body fat out of respect for those who have side action. If he were to just pack up and quit right now, those who bet on him to win or lose would be left in a tough spot trying to figure out how to settle the bet.
The poker pro suggested those who bet on or against him should settle for a similar percentage as he did with Perkins. Deeb was clearly on pace to win the challenge outright. But, of course, victory wasn’t a guarantee even with plenty of time remaining. As for his weight, which is irrelevant to the prop bet, he’s lost over 80 pounds in the past 11 months.
Perkins is now batting .500 on body fat loss prop bets. He narrowly won a similar wager last year against Doug Polk, who came close to reaching his goal but fell short and lost $200,000 to the hedge fund manager.
Tags
Related Players
FAQ
Are WPT Global deposit or withdrawal fees?
Are there deposit or withdrawal fees? No, WPT Global does not charge fees for depositing or withdrawing.
What is the origin of the name Roulette?
What is the origin of the name Roulette? The origin of the name “roulette” is French and it means “little wheel”. The name is derived from the fact that the game is played on a small wheel that spins around, with players betting on where the ball will land. The word “roulette” was first used in its current context in the 18th century, although the game itself dates back much earlier.
How do you become a WPT player?
How do you become a WPT player? Players can qualify for the WPT at the local casino where the event is held. In addition, online poker operators including partypoker offer satellites to many WPT events. Players can also qualify for free via the Club WPT app and will be able to qualify in the future at WPT Global.
Is Chinese poker the same as poker?
Is Chinese poker the same as poker? Chinese poker is a card game in the poker family that plays quite differently from traditional game variants that most poker players are familiar with (like Texas Hold’em). Each player gets 13 cards in a game of Chinese poker, and is tasked with making two five-card hands and a three-card hand.
Can you play poker with 1 deck?
Can you play poker with 1 deck? The standard 52-card pack, sometimes with the addition of one or two jokers, is used. Poker is a one-pack game, but today, in virtually all games played in clubs and among the best players, two packs of contrasting colors are utilized in order to speed up the game.