Quote: He's also one of the few that disapprove of the prop betting. I know prop betting is =EV, but the fact that they have to do it seems a bit degenerate. Playing for hundreds of thousands isn't enough action?
He has a TV show. Which is based. On Prop betting. An entire show. About prop betting.
Also, there was a mention in Bluff... by Antonio about how Phil took some kids prop bet at a big tourney... the kid offered 500 for a 50k flip and Phil took it. And lost.
I think I read that in one of the magazines. It was +EV. High variance definitely, but +EV.