Updated on 22 Feb 26 by
Barry carter
Poker Expert

The greatest comeback in poker history?

Phil Galfond comes back from a €900k loss to take down the first Galfond Challenge by less than nine big blinds.





What started as a fun publicity stunt soon became the thing of nightmares for Phil Galfond as his first Galfond Challenge against VeniVidi1993 saw him suffer perhaps the toughest downswing of his career. So bad it was that, after 9,927 hands, he was forced to take a break to ponder whether he should quit the challenge €900,240 down and a further €200,000 down to pay in the form of a side bet. 

What followed was what may be remembered as the biggest comeback in online poker history. It may have took him the next 10,000 hands to get there, but he actually went ahead in the challenge, only by a relatively small amount. With less than 5,000 hands to go, this set up a tense back-and-forth finale. 

So close it was that it came down literally to the last 73 hands. Over 22,000 people watched live on Twitch to see the closest finale ever. It came down to who could win a buy-in, after which they mathematically could fold their blinds and still win. 

In the end Phil won the challenge by €1,671.58, which was less than nine big blinds. You can see how it developed over the 39 days below:

 Day Hands Played Winner Amount Won
Day 1 (Jan. 22) 655 VeniVidi1993 €72,572.68
Day 2 (Jan. 23) 715 Phil Galfond €2,615.26
Day 3 (Jan. 24) 557 VeniVidi1993 €84,437.52
Day 4 (Jan. 25) 581 VeniVidi1993 €17,544.87
Day 5 (Jan. 27) 726 VeniVidi1993 €155,063.52
Day 6 (Jan. 28) 703 VeniVidi1993 €13.31
Day 7 (Jan. 30) 823 VeniVidi1993 €52,057.13
Day 8 (Jan. 31) 940 VeniVidi1993 €60,743.37
Day 9 (Feb. 1) 446 VeniVidi1993 12,706.51
Day 10 (Feb. 3) 696 VeniVidi1993 €100,993.30
Day 11 (Feb. 4) 741 VeniVidi1993 €15,647.36
Day 12 (Feb. 6) 622 Phil Galfond €87,940.91
Day 13 (Feb. 7) 470 VeniVidi1993 €267,949.70
Day 14 (Feb. 8) 593 VeniVidi1993 €48,473.73
Day 15 (Feb. 9) 659 VeniVidi1993 €102,593.34
Day 16 (March 4) 574 Phil Galfond €183,481.38
Day 17 (March 5) 582 VeniVidi1993 €21,571.51
Day 18 (March 6) 555 Phil Galfond €27,198.94
Day 19 (March 7) 638 Phil Galfond €26,018.41
Day 20 (March 9) 566 Phil Galfond €92,803.89
Day 21 (March 10) 576 Phil Galfond €3,766.94
Day 22 (March 11) 556 VeniVidi1993 €88,465.60
Day 23 (March 12) 598 Phil Galfond €23,821.05
Day 24 (March 13) 628 Phil Galfond €19,099.65
Day 25 (March 14) 664 Phil Galfond €139,485.78
Day 26 (March 19) 539 Phil Galfond €110,752.58
Day 27 (March 20) 645 VeniVidi1993 €76,026.05
Day 28 (March 21) 503 Phil Galfond €140,979.28
Day 29 (March 26) 642 Phil Galfond €85,271.31
Day 30 (March 27) 777 VeniVidi1993 €26,992.32
Day 31 (March 28) 393 Phil Galfond €106,328.51
Day 32 (April 2) 664 Phil Galfond €113,680.87
Day 33 (April 3) 632 VeniVidi1993 €28,538.21
Day 34 (April 4) 680 Phil Galfond €28,722.88
Day 35 (April 6) 758 Phil Galfond €121,486.95
Day 36 (April 7) 592 VeniVidi1993 €34,580.19
Day 37 (April 9) 883 VeniVidi1993 €78,237.54
Day 38 (April 10) 734 Phil Galfond €23,581.50
Day 39 (April 12) 699 Phil Galfond €9,843.25
Total 25,000 Phil Galfond €1,671.58
galfond

An ever stoic Galfond was graceful in victory and thankful to those who supported him during his toughest downswing ever:

He was a lot calmer than his wife Farah, who really wore her heart on her sleeve during the entire challenge:

This was the first of a yearlong series of challenges, which will also include Bill Perkins, Brandon Adams, Chance Kornuth and 'ActionFreak'. Daniel Cates and Luke Schwartz have also agreed a challenge but terms have not been set yet. 

He begins his challenge against Bill Perkins this week over 50,000 hands, with Perkins betting an additional €250,000 to Galfond's €1 million. There is also a 'mercy clause' where Perkins can drop out if he is losing by more than €500,000.

Is this the greatest comeback in poker history? Let us know in the comments:


Poker Expert

Barry Carter is the editor of PokerStrategy.com and the co-author of The Mental Game of Poker 1 & 2, Poker Satellite Strategy, PKO Poker Strategy, Endgame Poker Strategy, GTO Poker Simplified, Mystery Bounty Poker Strategy and Beyond GTO. In 2025, he won the Global Poker Awards for Best Book and Twitter Personality of the Year.