Peter Eastgate has turned down Billy Argyros' wager that he will last longer in the Asia Pacific Poker Tour (APPT) than the young Dane.

Argyros, also known as the Croc, said he thought he could outlast the youngest ever World Series of Poker (WSOP) main event winner in the APPT grand final in Sydney.

Yesterday, the Australian said he thought Eastgate would be jetlagged when he arrived in Sydney because he will have flown from London where he competed in the six-day PartyPoker Premier League Three.

He explained that he felt he was a looser player than Argyros and said he does not have the equity in a bet on who will last longer.

"I'm afraid I'll have to turn it down because I feel I might be a looser player than he is and there is a bigger risk of me bucking out earlier than him," Eastgate said.

However, the 22-year-old added that he was willing to take other bets in the tournament, such as wagers on heads-up play.

Eastgate recently won over $9 million in the WSOP main event, defeating Ivan Demidov in heads-up play