"Texas Mike" wanted to gamble, and lost a $1.9 million pot in a single hand after conceding.

Michael “Texas Mike” Moncek lost a pot of nearly $2 million in a million-dollar game at Hustler Casino Live, going all-in with AK against his opponent’s QQ, with both sides agreeing to deal only one hand.

Michael "Texas Mike" Moncek brought excitement to the million-dollar game, but it also cost him a pot worth nearly $2 million.

This high-stakes player from the University of Texas participated in Hustler Casino Live's $1 million buy-in "High Stakes Live" program during the World Series of Poker (WSOP). He arrived late, but quickly made his presence felt, especially in a hand against Eric Wasserson—a hand that will be the subject of much discussion among poker fans.

A high-stakes bet of nearly $2 million

This hand took place in a stacking game. Chang Lee (Jack) called $14,000 from the big blind with J♦9♣. Texas Mike, the first to grab the stack, raised to $92,000 with A♣K♠. Wass then re-raised to $240,000 with Q♠Q♦. Jack folded, but Texas Mike decided to go all-in with $948,000, a move that was instantly called.

"Would you like to run it once?" Wasserson asked.

"Okay," Moncek replied.

Both players agreed to deal only one community card, thus preventing a split of the pot. A duel worth $1,933,000 was about to begin. The community cards opened with 5♦10♣2♣9♠9♦, giving the entire pot to Wasserson.

Texas Mike re-entered the game after losing the nearly $2 million match. As of press time, Santhosh Suvarna left the game with a $1 million loss after losing a large pot to Alan Keating, who joined midway through the match.

Martin Kabrhel was another latecomer, joining the fray after being eliminated from the WSOP $100,000 High Roller No-Limit Hold'em event. Kabrhel seemed to lose his composure in a hand he wasn't in, mocking Wasserson as a "crush" after Wasserson had just bet $300,000 to Jack on the river with a straight.

“Eric, I could say the same about you. I know you’re a big squeeze. But so far, you’re alright. No, he’s the biggest squeeze I know. I just don’t understand why you’re here. No, really, no action, not even going to the barbershop,” Kabrhel said to Wasserson as Jack considered calling or folding with two pair on a board with four-card straights.

Jack eventually called, losing to Wass in a $1,037,000 pot, where Wass had won $2.3 million. Texas Mike later recouped some of his losses against Kabrhel, beating top pair with trips to win a $855,000 pot.