Phil Hellmuth Sells Shares in High-Stakes Match Against Tom Dwan

Phil Hellmuth, the 15-time WSOP bracelet winner, is selling shares in his upcoming high-stakes match against Tom Dwan. The match is scheduled for August 25, with bookmakers favoring Dwan with odds of 1.78. Hellmuth has put up $5,000 worth of shares on YouStake, with a maximum buy-in of $50 per person. If Hellmuth wins, buyers stand to double their investment.

As of now, only $1,505 worth of shares remain unsold. This move by Hellmuth is likely to attract more supporters, as they will have a financial stake in his victory. The match is highly anticipated, with Hellmuth on a seven-game winning streak in High Stakes Duel. Dwan, however, is considered the favorite by bookmakers, despite his recent absence from high-stakes games.

This is not the first time Hellmuth has taken such a step. Earlier, he proposed a heads-up match with Daniel Negreanu for 2024. The upcoming match against Dwan is expected to be one of the most significant heads-up matches of the year.