Packer is quoted for an exchange in a poker tournament at the Stratosphere Casino, where a Texan oil investor was attempting to engage him in a game of poker. Upon the Texan saying "I'm worth $60,000,000!" Packer apparently pulled out a coin and asked nonchalantly, "heads or tails?", referring to an A$120 million wager (according to Bob Stupak's biography). Some variations of the story put the sum at A$60 million to A$100 million and say the line was "I'll toss you for it".