Poker pros Cate Hall and Chad Power are currently involved in a bitter staking dispute which has been disclosed on social media. Hall is accusing Power of extortion threats following a staking deal for cash games which happened over a year ago. The poker pros both hail from the Washington D. C. area which is home to some of the biggest live poker rooms in the country.
The Stake That Went Bad
Poker staking is common throughout the poker industry as financial backers often put up a major portion of the buy-in or sometimes even the full buy-in in exchange for a percentage of profits. The deal generally works in a manner that if the poker pro ends up losing, the financial backer suffers the loss. If the player does cash out, then the financial backer is paid an agreement percentage of the winnings.
Power’s reportedly staked hall $60,000 but the terms of the agreement is something the two parties now disagree on. While Hall agrees that she took and lost the $60,000 Power staked her to mid-stakes cash games, she insists that she is not eligible to pay back the staked amount as part of the original agreement.
Hall has so far accumulated over $1 million in career prize money and has last win according to the Hendon Mob was for $65,875 when she finished in 8th place at the 2018 WSOP No Limit Hold’em – The Marathon which had a buy-in for $2,620.
The fact that Hall wasn’t willing to pay back the $60,000 infuriated Power. As things unfolded, both parties aired their dirty laundry in public with Hall claiming that Power told her he will tag her publicly as a scammer unless she pays the full amount of the makeup.
Bitter Dispute Publicized on Twitter
The dispute was made public on Twitter on Monday with Power saying that he wanted to warn other potential backers to stay away from Hall. Hall fired back by saying that Power is trying to extort money from her by forcing her to pay 100 percent of the losses incurred.
She said on Twitter that if anyone decided to stake her for a game of poker they should be fully aware that she would not agree to a deal where she shares a percentage of the profit but accepts all of the losses.
Accusations Unfold On Social Media
Hall took a break from poker a year ago to deal with spiritual and mental health issues and she said she made the right decision. She added that she decided to stay away from poker and just live on her savings for a year. Hall insisted she would not pay back the entire losses.
Power rejects Hall’s account and said that under the terms of the deal, Hall should give back the full $60,000 she lost. Power further accused Hall of playing $25-$50 no-limit hold’em while their backing arrangement was still active and that Hall was into drugs which impacted her play.
He alleged that Hall had a series of losses early this year which include losing close to $30,000 in just two mid-stakes cash games. Power said Hall was playing against the likes of high-stakes poker players like Mike Matusow, Phil Hellmuth and Brandon Cantu.
Arbitration In Hall’s Favor
In a post in TwoPlusTwo forum, Power said he was not expecting Hall to return the money as he does not currently have any proof to show she conformed to return 100 percent of the losses.
Both Hall and Power hired an unnamed arbitrator to help them settle the dispute. The arbitrator said there was no proof to show that Hall agreed to pay back all the losses and therefore it would be unfair to make her fork over the full makeup. However, both parties can resolve the dispute through a buyout or they can continue the backing deal once Hall returns to the poker table.
But Power was not satisfied by the arbitration. While he accepts the arbitrator’s finding, he dismissed Hall’s claims as false and also issued a warning to other financial backers who might think about staking Hall if and when she returns to playing poker.

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