Prop Foolery
The rules were fairly simple: first person to shuffle his chips loses.
After they agreed on the terms, Mizrachi inquired, "what do you mean, shuffle your chips?"
Erick Lindgren was all too happy to show him how. "Like this," he said, as he riffled through a stack of chips, and effectively lost the bet in a matter of seconds.
They've since upped the ante to $10K.