Word may have been leaked prematurely, but it’s spreading fast that Tom “durrrr” Dwan has issued a $1 million heads-up challenge to online poker players.

Dwan is quoted in several online sources as saying that he’ll put up $1.5 million to a challenger’s $500,000 playing four tables at a time heads-up with minimum $200/$400 stakes. They’ll play a minimum of 50,000 hands and whichever of them finishes on the profitable side wins the bet.

Basically, if the player ends up even a dollar more than where he started when the matchup began, he wins durrrr’s $1.5 million. If durrrr ends up on the winning side instead, he gets the player’s $500,000.

Official Terms of durrrr Challenge

Dwan confirmed the challenge in a 2+2 thread Friday, adding some more details and stipulations. He wrote:

ya i mean this wasnt supposed to be posted yet but w/e. Anyway… there are obv a few conditions, im out of it- but off the top of my head:

1) 200-400min (nl/plo obv)
2) can change tables anytime eff stacks are >250bb
3) have to reload when stacks are <75bb
4) $$ won in the challenge is kept obv (if i win 750k in poker, i get that PLUS your 500k- if i lose 750k in poker you get 2.25m total).
5) same stakes the whole time
6) not open to phil galfond

hmm probly some other stuff but im out of it b/c i jus got owned @ some scrabble. I was gonna think up official ‘terms’ and post em or something, but thought i had another week or two b4 it became public.

Nobody has taken up the official challenge yet, but durrrr was still getting plenty of action over the past few days to put him at the top of the Online Money Makers list already for 2009. Early Sunday and today, luckexpress10 took on the Dwan and they traded a few hefty pots.

On Sunday, two hands with triple-digit pots went down between the two, and this morning they were at it again.

The first big hand on Sunday morning saw durrrr take down a $131,193 pot in heads-up play against luckexpress10 at Full Tilt Poker. The two locked horns at a $200/$400 table.

Game: $200/$400 – luckexpress10 Date: Jan. 4, 2009 5:33:55 a.m. ET Hand ID: 9848157413

Table Setup

durrrr: Seat 1 – Stack size: $94,393. luckexpress10: Seat 2 – Stack size: $65,597. luckexpress10 posts small blind of $200. durrrr posts big blind of $400.

Pre-Flop

Dealing down cards. luckexpress10 raises $1,000. durrrr calls $800.

Flop [9♥ 6♦ 2♥]

durrrr checks. luckexpress10 bets $2,000. durrrr raises $6,300. luckexpress10 raises $62,397. durrrr calls $58,097. luckexpress10 shows 6♠ 2♠. durrrr shows 7♥ A♥.

Turn 9♥ 6♦ 2♥ [8♦]

River 9♥ 6♦ 2♥ 8♦ [T♠]

durrrr wins $131,193.

A little more than 10 minutes later, luckexpress10 turned around and won the second triple-digit pot the two played for on Sunday.

durrrr raised it up to $1,000 from the small blind with luckexpress10 countering with $4,400. durrrr made the call, and they saw a flop of 2♦ J♦ 3♠.

Luckexpress10 bet out $7,600, and durrrr called. The turn brought a T♥, prompting another bet from luckexpress10, and durrrr countered by going all-in. luckexpress10 called to find durrrr holding J♣ 5♣ to his own 9♥ J♥.

The river brought a T♠ and luckexpress10 walked away with a $139,982 pot. You can watch the hand play out in our hand replayer.

Today the two came together again at Full Tilt Poker in the early morning hours. This time around, their biggest pot was $95,992, which was also shipped to luckexpress10.

Game: $200/$400 – durrrr Date: Jan. 5, 2009 6:06:33 a.m. ET Hand ID: 9866119985

Table Setup

luckexpress10: Seat 1 – Stack size: $47,996. durrrr: Seat 2 – Stack size: $71,998. luckexpress10 posts small blind of $200. durrrr posts big blind of $400.

Pre-Flop

Dealing down cards. luckexpress10 raises $1,000. durrrr raises $3,200. luckexpress10 calls $2,400.

Flop [2♦ K♣ 2♥]

durrrr checks. luckexpress10 checks.

Turn 2♦ K♣ 2♥ [Q♣]

durrrr checks. luckexpress10 bets $5,200. durrrr raises $17,500. luckexpress10 calls $12,300.

River 2♦ K♣ 2♥ Q♣ [7♦]

durrrr checks. luckexpress10 bets $26,896. durrrr calls $26,896. luckexpress10 shows A♣ 2♣. durrrr mucks. luckexpress10 wins $95,992.