“I think there’s a pretty good chance we play 4,000 hands this month. I feel like I’ve said that a million times though.”
According to Cates, Dwan will have a serious incentive to play under the terms of the new agreement.
“With the deal we have now, I’ll make money either way,” he said.
Dwan didn’t want to disclose the deal until they’ve actually started putting in some hands. Cates said if they don’t play any hands in September, he’d probably have to release information about the deal.
Despite the frustration behind the delay, Cates understands why he’s not exactly Dwan’s first choice to play.
“He has a lot of options,” Cates said. “He can play in the good games in Macau against businessmen, so why would he want to play against me?”
“I think it’s against the spirit of the bet though. I think he realizes that and wants to make it right.”
Cates Calls David ‘Viffer’ Peat a “Total Scumbag”
David "Viffer" Peat
Cates also took the time to share his thoughts on the controversial David “Viffer” Peat who has slammed Cates via Twitter on numerous occasions.
“Basically I think Viffer is a total scumbag,” said Cates. “I think he’s trying to angle me and I don’t think anybody should ever do business with him.”
Cates gave some background on the highly publicized bet between him and Viffer.
“I booked a 20% crossbook with Viffer for the durrrr Challenge,” he said. “I also did a side bet of $50k to his $62k.”
Earlier this year Cates and Viffer traded some action in a live $2k/$4k game. As Cates was leaving he paid out Viffer his $160k piece.
According to Cates it was at this point that Viffer said, “By the way, I’m not paying you for the durrrr Challenge. I just paid him $160,000 and he owed me hundreds of thousands.”
“He compared Black Friday to a rain delay in baseball,” Cates said. “He said it was all a wash.”
Eventually Viffer backed down and said they had action when durrrr and Cates started playing again. According to Cates, Viffer reneged on that promise too, and denied ever saying that.
“No rational person acts like this,” said Cates. Check out even more in our video interiew with Cates:
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