"Punch."

You very certainly could do a story where Pavitr Prabhakar takes down Hyperion, but it would have to be in a situation with more stakes for him. Like if whoever he had for an Aunt May or a Gwen Stacy was endangered. Doing it for Spider-Man 2099, or for pride...not quite. 

Also, I'm writing these like Grandmaster cares about seeing the fights: does he? Do the hardest of hardcore gamblers enjoy the actual event at all, or just the result?