The two daytime titans went at it in a series of competitions that will air on both their shows on Thursday, but while they both wanted to win, there won't be any hard feelings between them no matter the outcome.
"We looked at each other and said, 'Hey man, can you believe this? They're paying us to do this!'" Steve told ET with a laugh.
Their tasks included golf cart racing, tennis, putting and the advice challenge. During the advice challenge, each host had 60 seconds to answer a viewer's question.