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Alanius Calatus believes you a cheat, and Felms has arranged a rematch with him. This one's to the death. Place a bet with Podric if you like, and then speak with Felms to set up the fight. Then enter the pit and slay the bow-wielding Alanius. His stats are higher than before, but he otherwise fights similarly to your previous encounter. Return to Felms once you've won the day for your reward.