Chance Kornuth books a $33k win on first day of Galfond Challenge III

Galfond Challenge Chance Kornuth
Jon Sofen
Jon Sofen
Posted on: September 24, 2020 07:20 PDT

Phil Galfond got off to his typical rocky start in the Galfond Challenge, this one against poker coach Chance Kornuth, who booked a $33,500 win Wednesday. But the match is just getting started.

Early momentum may help, but it likely won't be a deciding factor in this marathon challenge. The poker pros are competing in a 35,000-hand clash at $200/$400 pot-limit Omaha cash game stakes. WSOP.com is hosting the contest despite Galfond owning a poker site, Run it Once. That's because RIO isn't available in the US and neither player wants to travel to another country during COVID-19.

After every hand in the challenge is complete, the player who lost money will owe the winner a side bet. Since Galfond is the favorite, he is betting $1 million to Kornuth's $250,000. PokerShares initially listed Galfond as a 7-1 favorite before dropping it to 4-1.

Challenger comes to play

On Wednesday, Kornuth showed that he isn't a pushover. Galfond, if he didn't already, now knows he's going to be in for a battle.