Ted Forrest Still Waiting for Payment from Mike Matusow for 2010 Weight Loss Bet

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In August 2010, ESPNpublished an article saying that Ted Forrest (pictured) had won a “shocking” weight loss bet with Mike Matusow. The site quoted Forrest as saying, “We were at the Commerce a few months ago, we’d just had dinner, and I felt full and fat. I weighed about 188 in clothes. I bet him I’d weigh under 140 and he was like, ‘No, it’s impossible,’ so he laid me 20-1 that I couldn’t do it by July 15 and another $1 million against $100,000 that I couldn’t do it by September 24.”

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The results: by July 15, Forrest had reached his target weight, leading Matusow to be quoted as saying rather bluntly, “I made that bet because I didn’t think it was feasibly possible.” Matusow added that he didn’t have the $2 million required to settle the bet and instead, according to ESPN, arrangements were made for $5,000 per month to be paid for 18 years.

Flash-forward to last week, when Forrest Tweeted the following about the 2010 bet:

In case you’re wondering, by the way, how Forrest was able to shed almost 50 pounds so quickly, he told ESPN, “I ate less. I exercised more, cut out sugar, went to raw and organic vegetables, cut down meat. I was running and walking a lot, lifting and circuit training four days a week. I didn’t want to build too much muscle, but I needed to build a little keep my metabolism up.”

The total weight Forrest lost, according to PartyPoker, was 48 pounds in three months, or 16 pounds a month.

Matusow and Forrest are both among the 10 finalists for this year’s Poker Hall of Fame class. The pair has combined for 10 World Series of Poker bracelets. Forrest won back-to-back-to-back bracelets at the 1993 WSOP, emerging victorious in Events 11, 12, and 13, while Matusow final tabled the Main Event twice in a five-year span stretching from 2001 to 2005.

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16 COMMENTS

    • how do you make a bet if you don’t have the means to pay, incredibly stupid if not downright dishonest.

      So crazy. Wish i could make bets where if I win I get a huge chunk of money and if I lose i can pay in small drabs over 20 years.

    • So crazy. Wish i could make bets where if I win I get a huge chunk of money and if I lose i can pay in small drabs over 20 years.

      i hope 1 day i can be baller enough to say 5k is small drabs

    • No way Mike pays this !!!! (but he should). You need to have that money in an escrow account upfront. Signed legal agreement.

    • What’s stupider: matusow and forrest for thinking one would pay this bet? Or the guy who wins hundreds of thousands a year changing his SN to his actual name and calling out the bank for shutting down his accounts?

    • I wish Matusow would bet me. He has to be the worst prop better in the world because all I ever hear is how he is losing haha. Always bet the opposite of Mike. He has Mike luck haha.

    • how do you make a bet if you don’t have the means to pay, incredibly stupid if not downright dishonest.

      Yeah cause you aren’t a degenerate.

    • he’s lucky he’s got 70k out of him

      70k not bad for losing a few lbs. He surly didn’t think the mouth was serious.

    • Pretty sure I remember a cardplayer int. with forest and people thinking he ws gonna die. Just goes to show how much these guys banked from FTP if u expect mouth to pay u 2 Milly