John Fury accepts Jake Paul's "all or nothing" deal on Tommy's behalf, 'TNT' to lose his entire purse if defeated

In an interesting turn of events, it seems like Tommy Fury is going to take a high-risk, high-reward gamble in his fight against Jake Paul.

During a press conference for the event, Paul, who is known for luring his opponents into engaging in bets before their fights, followed through with the tradition. 'The Problem Child' proposed that he would pay Fury double the agreed amount if 'TNT' wins the fight, but if the Brit loses, he will have his entire fight purse taken away:

"I think we make a deal then as you are so confident, I think we make a deal. If you win, I'll pay you double what I am paying you already, but if I win, I take everything that I am paying you. Deal or no Deal?"

Before the 23-year-old could make up his mind, his father, John Fury, cut in and accepted the YouTuber's proposition:

"You've got a deal. All or nothing. You'v got it."

Check out Jake Paul's proposition below:

Both fighters then walked over to each other and shook on the deal while the whole arena cheered them on.

Jake Paul and Tommy Fury will lock horns in the boxing ring on February 26 at the Diriyah Arena in Riyadh, Saudi Arabia, with the pay-per-view set to start at 2 PM ET. As per the betting lines provided by Betting Insider Journal, 'The Problem Child' is the -150 favorite for the clash against Fury (+120 underdog).

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Jake Paul reveals when he realized he could become a world champion

YouTuber-turned-boxer Jake Paul has, on many occasions, stated his desire to become a world champion boxer. In an interview with ESPN, 'The Problem Child' reveals what gave him the confidence to pursue such lofty goals.

Speaking to Elle Duncan on SportsCenter ahead of his fight with undefeated cruiserweight boxer Tommy Fury, Paul stated that his knockout win over former UFC welterweight champion Tyron Woodley was when he began to believe in his capabilities to capture a world title:

"I think after knocking out Tyron Woodley was when I really believed in what I was capable of and how quickly I was learning, adapting, and growing, and getting better and better at this sport."

He added that his confidence further increased after his win against MMA legend Anderson Silva:

"Then my confidence continued to grow after beating Anderson Silva and the work we've done in this camp. I think this will be my best performance yet... I'm sparring against world champions in practice... My coaches know what I'm capable of, I know what I'm capable of and I know I can become a world champion."

Catch Jake Paul's comments below: