2012 EPT Grand Final super high roller chip counts

Posted by Poker Videos on April 23rd, 2012

2012 EPT Grand Final super high roller
2012 EPT Grand Final super high roller

Govert Metaal 310,000
Eugene Katchalov PokerStars Team Pro 299,800
Talal Shakerchi 272,000
Jason Mercier PokerStars Team Pro 265,100
Bryn Kenney 250,000
Sorel Mizzi 250,000
Will Molson 250,000
Dan Shak 250,000
Tobias Reinkemeier 250,000
Anatoly Gurtovoy 250,000
Dieter Albrecht 250,000
Anton Alleman 250,000
Philipp Gruissem 250,000
Leon Tsoukernik 250,000
David Sands 250,000
Tom Marchese 250,000
Bertrand “ElkY” Grospellier PokerStars Team Pro 250,000
Phil Ivey 250,000
Isaac Haxton 250,000
Daniel Cates 250,000
Samuel Chartier 250,000
Viktor Blom PokerStars Team Pro 250,000
Artem Litvinov 250,000
Scott Seiver 250,000
Dan Smith 250,000
Masa Kagawa 250,000
Sam Trickett 250,000
Anton Allemann 238,000
Mike McDonald 230,000
Justin Bonomo 230,000
Jonathan Duhamel PokerStars Team Pro 212,000
Vanessa Selbst PokerStars Team Pro 204,900

Phil Ivey Poker Song Dice Dice Baby

Posted by Poker Videos on January 26th, 2012

How Much Money Did Phil Ivey Owe Full Tilt Poker?

Posted by Poker Videos on July 29th, 2011

Noah Stephens-Davidowitz or NoahSD on Two Plus Two has released partial data of Phil Ivey and David Benyamine’s debts to Full Tilt Poker. It is not exactly stated in the article on SubjectPoker.com who the source is from Full Tilt Poker, but the evidence seems real. It is data from notes on their poker accounts and may not include payments made offline.

NoahSD reports:
Early in the data, Phil Ivey’s account was frequently debited directly for some, though not all, of the money that he was loaned there. For example, Ivey borrowed $3 million in six $500,000 installments spread throughout July and August 2009. He then repaid $1 million on October 29th, borrowed another $500,000 on November 13th, and then made two separate $1 million repayments on November 20th and 22nd respectively.4 Ivey’s results on the datamining site HighstakesDB suggest that he earned approximately $5 million in cash games on Full Tilt Poker in October and November of 2009, so this success may be the reason that he repaid. (Ivey went on to borrow $1 million on November 29th.)

However, this pattern stops. The last repayment in our data (for $1 million) happened in the spring of 2010, but after this date, Ivey received eight additional loans, ending in January 2011 and totalling $3,215,000, bringing the total difference between loans and repayments in our data to $6,215,000.5 It is of course possible that Ivey repaid some or all of this debt off of the site, but Tiltware’s reference to a “large sum that he owes the site” and Ivey’s historical pattern of repaying through his account suggest that he did indeed owe the site money as recently as June 1st.

So it is possible that Ivey still owed the site $6,215,000. This was reported (but not with exact figures) when Full Tilt Poker made a statement a few months back after Phil Ivey filed lawsuit against them:

Full Tilt Poker responded to Phil Ivey’s lawsuit:
“Contrary to his sanctimonious public statements, Phil Ivey’s meritless lawsuit is about helping just one player – himself. In an effort to further enrich himself at the expense of others, Mr. Ivey appears to have timed his lawsuit to thwart pending deals with several parties that would put money back in players’ pockets. In fact, Mr. Ivey has been invited — and has declined — to take actions that could assist the company in these efforts, including paying back a large sum of money he owes the site. Tiltware doubts Mr. Ivey’s frivolous and self-serving lawsuit will ever get to court. But if it does, the company looks forward to presenting facts demonstrating that Mr. Ivey is putting his own narrow financial interests ahead of the players he professes to help.”
Phil ivey craps
Phil Ivey playing craps image from Pocket Fives
“Mr. Ivey has been invited — and has declined — to take actions that could assist the company in these efforts, including paying back a large sum of money he owes the site.”

David Benyamine
David Benyamine

In addition to Phil Ivey owing the company money, David Benyamine also had substantial loans from Full Tilt Poker:

In 2008, David Benyamine apparently owed Full Tilt Poker money, and at least some of this debt was being repaid directly from his salary, wages, and bonuses. This is quite clear from the notes on his FTP account. He received many payments from Full Tilt during this time period directly into his account, and almost all of them were taken out of the account on the same day with the note “for a loan collection.”7

In 2008, Benyamine received directly to his account a $15,000 per month base salary, roughly $12,000 more per month on average from rakeback and hourly wages, roughly $4,000 per month in logo bonuses and other marketing bonuses, and roughly $10,000 per month in other payments. So, assuming that our sample is typical, his annual earnings sent directly to his FTP account were roughly $500,000 at the time. (It is of course likely that he received money off of the site as well.) However, it appears that almost all of this was going directly back to the site to repay Benyamine’s debt.

As of right now all real money poker play in USA and abroad is closed on Full Tilt Poker. There was a leak over a month ago that the site was sold to a European investor, but this seems less likely now.

Phil Ivey – Does he give a crap about the players or just playing craps?

Posted by Poker Videos on June 7th, 2011

After Black Friday and the seizure of poker domains, instead of helping the company he was sponsored by, he sued them. Phil Ivey filed a frivolous lawsuit against Full Tilt Poker for $150,000,000.00. This really was a surprise to the whole poker community. Many of the US players backed him, whilst players like Andrew Robl and Mike Matusow said it was a selfish move. I have to agree with the Mouth and Andrew. First of all if you read my series about the seizures of poker domains and the DOJ, you will know I truly believe and know that the fix was in and the casinos were behind the seizures. Tony G claimed in a recent interview on Quad Jacks that he believes someone was behind Ivey to file the lawsuit in order to lower a sale price on the site. If the US players think Ivey did anything for them, they can think again. I’d like to speculate that Phil has been losing most of, if not all of his poker winnings, playing craps. I’ve taken the time to gather some of Phil’s craps playing sightings and interviews dating back to 7 years ago. :

Igaming forums
FireForEffect Original usenet post 7 yr 207 days ago [More info]

I know he is the current boy wonder of Poker, But generous he is not. I work as a craps dealer at a Las Vegas casino he regularly plays at ( Ill let you figure out which one), and Phil plays pretty big at the tables. We dread him coming towards the pit, because we know he is a lot of work, and worth almost nothing to us, no matter how much he wins. For those of you who don’t know, pit dealers make close to minimum wage, and almost our entire income is based on tips.

We are just like waitresses or bartenders ( It seems the large breasted cocktail waitresses always get tipped). Phil is a progressive come better, so he requires a lot of work and attention. I’m sure people were generous to him when his career started, but he seems to have forgotten the regular guy. Until he loosens up the purse strings, I shall wish for him the same fortune in poker that he has bestowed upon us in dice.

May 14th 2005
FCP
So I’m sitting here rolling dice for Phil Ivey (Chiau Chang and Paul Darden are also there although Paul doesn’t have any money down and is just rolling)and a LOT of money is at stake. I’m sweating because I am extremely nervous as Phil has $500, $1,000, $5,000, and $25,000 chips in front of him. All I could think was that if Phil let me have 2 white chips ($25,000 chips) I would be able to pay this year’s tuition and still have a lot of money leftover (I am an out-of-state student at the University of Michigan). Well, needless to say, I am not a very good roller. Although I would not like to give away other people’s financial situations, he lost a LOT of money. All I am going to say is that he lost between $100,000 and $1,000,000 dollars. The irony of the situation is that Phil wouldn’t totally teach me the game because he said that I should never play craps in the first place. It sounds as if he has had a lot of ups but many more downs while shooting dice. There are a couple of interesting things that I noticed though. One, Phil is as aggressive at the Craps tables as he is at the poker table. His favorite two words were “press it”. He was always pressing his bets and hoping that the shooter wouldn’t crap out before he could actually start pulling a profit in. Second, a railbird came by to watch and while he was there, it seemed as if we were crapping out more than usual. Phil then told the pitboss, “get this guy out of here”. Apparently the guy had watched Phil play before and when the guy was escorted out of the casino, Phil turned to me and said, “that guy gives me the creeps.” Lastly, when Phil was done shooting craps for the night he told the Pit boss that for as much money as he lost, he should be eating for free and be able to stay at their casino for free for the rest of his life. I thought it was pretty funny because Phil was obviously not happy having lost a lot of money. So… there goes my story. Me and Phil Ivey. Phil Ivey and me. Just thought you guys might find it interesting. Oh and by the way. Did I heed Phil Ivey’s advice and never play craps? Heck no!

June 13th 2005
jonathankaplan

Phil is playing craps at the table on the main corner. He is shooting by himself, but there is a crowd of a few dozen people standing around watching, most keeping some distance.

He goes back to chatting at the couple.
Phil says to her, “Here, you roll for me for awhile.”.
She gets a frightened deer look in her face, recoils a bit, says “No way, I can’t do it!”.
Phil replies, “You can’t do any worse than I am.”.
Phil rolls.
The stickman says, “Seven Out.”.
Phil now looks at the layout, the stickman has already retrieved the dice and is moving them back to the (only) shooter.
Phil says, “Next time, could you pull the dice out of that shadow without changing them, I couldn’t see ‘em? I’ve had people cheat me like that.” The table employees glance around at each other.
The stickman says, “That doesn’t happen here at the Bellagio.”

I choose that moment to comment to Phil.
“Phil, why don’t you let me show you some about trading, it’s a lot bigger and more fun than craps.”
Ivey looks at me again. His face has changed, now he is grimacing, with some amount of hostility.
He says, “What, you don’t think I should be doing this?”.
His face is evidencing more emotion than I have EVER seen him show. He’s taken numerous bad beats on TV, faced quite a few reversals of fortune, won and lost tons of money in public view, and he hardly even blinks. But now, his change in demeanor is quite dramatic.
I say, “No, Phil, what do I know? I know you are an action guy, this is an action game.”
He turns away, saying, “Okay, just checking”.
He rolls again, I walk away.
I don’t think we are as friendly any more.

June 2008
PFives
Phil ivey craps
I was at Red Rock at around 11pm on July 4th about to play some craps. I walk up to a table and start to play. Then about 10 minutes alter Phil Ivey and about 8 Big black dudes come up to the table behind me. Ivey gets a rack of orange chips (5K) each on a marker. All of the other dudes just start pulling about stacks of 10K and drop about 50K each on the table.

They start to throw and are so loud it is hilarious. People are staring at them all over the casino. One of Iveys boys puts $500 on yo and starts yelling I need a new Ferrari. Ivey then proceeds to throw the 11 and dude goes nuts. The whole time Ivey does not even smile. It seems like he is betting so little that he is not enjoying himself at all. I wish I had TMM syndrome like he does where 20K a roll makes you unhappy.

Also whenever Ivey threw the dice he literally threw them 15-20 feet in the air. It was like he was trying to hit the ceiling with the dice. Every other throw went off the table. Literally 20 feet in the air. I also got this picture with phone. Also who gets a chair at the craps table?

http://www.pokernewsdaily.com/phil-ivey-appears-on-cover-of-espn-the-magazine-5958/
2009 World Series of Poker (WSOP) November Nine member Phil Ivey graces the cover of the November 2nd issue of ESPN: The Magazine. The expose, entitled “4 Days, 3 Nights, $1 Million,” chronicles Ivey’s jet-setting exploits at the craps tables in casinos around the world.

Chad Millman followed Ivey from Foxwoods to Austria, with his article explaining Ivey’s stature in the industry: “Phil Ivey is a poker pro, but to call him that limits the scope of his game. It’s like saying Jay-Z is just a rapper. Ivey is an all-around player, a man with the need and nerve to wager obscene amounts on poker, pro and college sports, craps, or his own golf game.”

The tale began at Foxwoods in Connecticut, where Ivey, a whale, was put up in the Mashantucket Suite, a two-story gem. Instead of heading to play poker, his bread and butter, Ivey hit the craps tables in a private room, ordering the most expensive bottle of wine in the house (worth $2,100) to get the evening started off on the right foot. After 25 minutes at the table, Ivey was up $185,000, betting $30,000 to $50,000 per place bet. The wine didn’t even arrive until Ivey was ready to head out, leading Millman to comment, “We [got] it to go.”

2009

Two Plus Two thread on him being stuck 7 million
forgive me for starting this post, but i just couldnt help it.

i was playing in a 1/2nl game tonight, (actually just got home about 30 min ago), and a guy that got into the game forgot to take his namebadge off. he works at bellagio.

he and another player got to talking and the player asked him if he plays there.

he said no. he basically says that he doesnt “chit where he eats”

he did prouldly announce that phil ivey was there playing craps and that the host said that he was stuck 7 million.

my question is, do you believe that ivey could be stuck that much and not affect his bankroll?

ESPN copy paste
4 days, 3 nights and $1 million
Spend some time with the world’s best poker player, via ESPN The Magazine
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By Chad Millman
ESPN The Magazine
Archive

Art Streiber

A butler cracked a lobster and splayed it onto a silver platter beside bushels of grapes. A fireplace was lit. Enough flowers to tip a luggage cart arrived. “You cannot pay to stay here,” Samuels explains. “It is reserved for our most special customers.”

Like Ivey. At 8:35, his Foxwoods-provided limo pulls up to the hotel. Three bellhops, a butler and Samuels stand sentry, hands clasped in front of them, smiles on their faces. I will soon know that this happens a lot when Ivey arrives at a casino. Samuels shakes his hand and says, “We have a spot ready.”

“Let’s go,” Ivey says.

Art Streiber
Wherever he goes, Ivey counts on his manager, Lorenzo (far right), and his pack of friends to ground him.
He isn’t here to play poker. This is the start of what Lorenzo is calling a dice tour, craps. High rollers don’t gamble on the main casino floor. They work in private rooms, away from the squares and lowball players. So Ivey ambles toward the elevator. He is close to 6′3″ and moves slowly, with a bit of a strut. In his gambling suite, a craps table is manned by a stickman who controls the dice, a couple of dealers who will handle the chips and a supervisor. I follow Ivey, along with Lorenzo and two TV producers for E:60. “Does anyone want wine?” Ivey asks. Then, to the butler, “Please bring the best bottle in the house,” as he unleashes a cheeky smile.

The room settles. Ivey palms a pair of dice and casually tosses them like horseshoes in high, looping arcs. They tumble onto the table. The game has begun.

Here is how this scene plays out in the movies: A suave gentleman in a tux leans on the bumper of a table, chips pile higher, glamorous women swoon, onlookers scream, drinks spill. The excitement is palpable as the casino breaks.

Here is how it goes in real life: silence, as if the game had broken out in a library. Chips clink, dice softly hit the felt, the stickman announces the point rolled, and everyone keeps very still. “This is serious,” Lorenzo had warned earlier. “It’s real money.”

Yes, it is. Ivey throws a six and puts $50,000 on six. He rolls a nine and bets $40,000 on nine. Then he rolls a seven, and the chips disappear. Lorenzo takes a turn. He throws a nine. Ivey puts $40,000 on that number. A four: $30,000 on four. A six: $50,000 on six. Nine. Ivey gets paid. Four. Ivey gets paid. Seven. The chips disappear. And on it goes. He wins, he wins, he loses.

Ivey’s pile grows slowly, but win or lose, his expression is unchanged, a warmer version of suspended animation. Away from the table, his default tone is sarcasm, followed by a quick, broad grin to let you know he’s kidding. He likes ripping friends. He likes getting ripped. But his game face lacks any invitation for analysis. Move along, it says. Nothing to see here. It is a handy trait for a poker player.

The dice, though, are not so easily psyched out. After 25 minutes, Ivey rolls another seven and craps out. “That’s it,” he says. “Let’s go.” It’s 9:05. Ivey is up $185,000. As he leaves, the butler finally returns with the wine, a 1986 Chateau Latour. Cost: $2,100. We get it to go.

Sept. 9, 11:45 p.m., Groton-New London Airport, Groton, Conn.

Apparently, flying from Vegas to Los Angeles to Connecticut before submitting a flight plan for Canada in a 36-hour span raises certain red flags. Which is why, at the moment, rather than jetting off for Montreal, we are grounded. Our bags are being searched, and we’re being questioned in a hangar filled with Gulfstreams. As a customs agent checks my toiletries, I hear another one ask Ivey, “Have you ever been to Morocco?”

“Huh?” Ivey asks.

In fact, poker has taken Ivey to places he never dreamed of when he was growing up in northern New Jersey. His grandfather Bud, who lived in the same house, taught him the game. “I’d beg him,” Ivey says. “He’d cheat to beat me because he didn’t want to encourage me.”

Chad Millman Chat
The senior deputy editor of ESPN The Magazine stops by to answer your questions here.

• Millman’s Blog:
Behind the Bets

Ivey was so competitive that he’d get mad when friends beat him out of 100-penny pots. Shortly after he graduated from high school, he told his parents — mom Pamela, who worked in an insurance office and now lives in Vegas; and dad Phil Sr., a construction worker who passed away in 2005 — that he wanted to be a professional poker player. Naturally, they blanched. “Who wants their kid to be a gambler?” says his mom. “Only sin can come from living your life in a casino.”

His folks saw the potential for loss where he saw opportunity. And for a while, they were right. At 19, Ivey moved out and took a job as a telemarketer. Every weekend, carrying a fake ID with the name “Jerome,” he took a bus two hours south down the Garden State Parkway to Atlantic City, to blow his paycheck at the Tropicana poker tables. He spent so much time at the Trop — 18 hours a day — that the dealers began to call him No Home Jerome. When he went broke and missed the last bus home, he’d sleep under the boardwalk. That is the cycle his parents worried about, the one they feared would eventually lead him back home, busted and lost. To them, the game never led to where Ivey is now: waiting in a small airport for his Gulfstream to be cleared for takeoff.

The airport manager approaches, carrying a poker magazine with Ivey on the cover. “I guess they don’t know you,” he says. “Would you mind signing?” Ivey cheerfully grabs a pen and signs. And two hours later, when our plane is finally freed, he pulls $1,000 from his pocket, hands it to Lorenzo and says, “Can you give this to the manager? I feel bad he had to stay open so late.”

Phil Ivey knows what it’s like to work.

Sept. 10, 12:30 p.m., Casino de Montréal

“Hi, this is Phil Ivey,” he says into his phone, from the back of a limo sent by Casino de Montréal. “I need you to transfer $1 million from my account, please.”

There is no self-consciousness, no hint of understanding that the rest of the world doesn’t make requests like this. “I know it’s a lot of money, but I like to gamble,” Ivey says. “It’s just in me. I try to manage what I do playing craps or blackjack. At the end of the year, I don’t want the amount I gamble there to be bigger than what I win playing poker.”

And rich enough that he is escorted to a back room at the Casino de Montréal, where a craps table, with a plaque engraved with his name on top of it, awaits. The casino paid $40,000 to have the table custom-made, just for him.

Ivey writes a $1 million check and is handed a heaping pile of chips and a pair of dice. Ivey’s toss flies high, nearly touching the dove’s wings on the ceiling fresco. He wins, he loses. After just a few minutes, he’s down $360,000. The room is still.

Lorenzo takes over. He rolls a four. Ivey puts $30,000 on four. He rolls an eight. Ivey puts down $50,000 on eight. Nine: $40,000 on nine. Four. Winner. Six: $50,000. Nine. Winner. Eight. Winner. It’s a real live run. Ivey is getting paid in multiples of hundreds of thousands of dollars. The dealer can’t count fast enough. I can barely follow the action. If we were on the floor, gamblers would be rushing the table. Here, only the stickman speaks. When Lorenzo finally loses, Ivey has $2.5 million in chips. After paying off his marker, he’s up $1.5M. He’s been gambling for 20 minutes.

And then he asks me if I want to roll. I don’t, but before I can decline Lorenzo moves from his spot and the stickman pushes me the ruby-red dice. I try to look relaxed, but I’m so tight I can hardly bend my waist. I roll a six. Ivey puts down $50,000 on six. I roll a nine. He bets another $40,000 on that. Eight: $50,000. Five: $40,000. Four: $30,000. Ten: $30,000. There’s $240,000 of his chips covering the numbers. I’m feeling better. I haven’t cost him. Then again, I haven’t paid him yet, either. The next roll is for the money. Or I can lose it all.

I roll a seven. Busted. “Man,” Ivey mumbles, tapping the table. “I knew you were unlucky.” As the chips are cleared, I want to click my heels and disappear too. After my roll, Ivey takes a turn and loses. Lorenzo does the same. I’ve killed the moment. I am the freaking Cooler. “That’s it,” Ivey says. “Let’s go.” He’s up $752,000.

“Not bad,” Lorenzo says on our way out. “That’s nearly a million bucks in less than 24 hours.”

Sept. 10, 4:13 p.m., rue de la Montagne, Montreal

“I’ve got an idea,” Ivey says in the limo, the one headed to the airport and a flight to Salzburg, Austria. “Let’s go to Amsterdam.” He picks up his phone. “Hi, it’s Phil. We’re supposed to be going to Austria, but could we go to Amsterdam instead?” He is talking to whomever manages the plane. “Our options are where? Dublin? London? Oh, and Amsterdam? Great. Thanks.”

There are seven of us in the car. “Let’s vote,” Ivey says. He opts for Dublin because he’s never been. So do two others. But four of us stay strong for Amsterdam. “Okay,” he says. “Democracy wins.”

He redials. “We’ll stop in Amsterdam. Thanks.”

When he hangs up, I ask, “How did you know I was unlucky?”

“I could see it,” he says. “You looked tense.”

Sept. 11, 12:30 p.m., Prins Hendrikkade, Amsterdam

Phil: “Do you feel bad losing me $240,000?”

Me: “I do, I really do.”

Phil: “I believe you.”

Nov 2010
forum
I was in LV this past weekend. On Monday a buddy of mine and I were in ARIA at one of the craps tables. We were killing time, waiting for the 1pm tournament to start. We were watching when my friend told me to look over at the next table. It was a $25 table and only one person was on it, some old scraggly white guy. I gave my friend a look and he said no, the guy next to him. Phil Ivey had apparently just walked up.

So, our attention turns in a hurry. He positions himself at the end of the table with his back to the full table. We heard him say I’m playing for $70k, which we mistakenly thought he meant he was buying in for 70k. Oh no, the dealer told us later he was playing 70k PER ROLL.

As soon as he started playing the limit sign switched from $25 to RESERVED. This was only about 12:30pm on a Monday, so we were surprised to see him there to begin with. We were surprised to see him playing at a low limit table on the main floor. I can’t imagine he would normally play on the main floor, I can only guess he saw a table with only one person and decided to jump on. (By the way, they kicked the old white guy off the table when Ivey started playing, and the old man wasn’t happy, as he had a nice stack of $100 chips) No clue. It wasn’t crowded at the time. We just sat back and watched and he was throwing chips all over the place. We saw a big row of their white $5k chips, and another row that I couldn’t make out the denomination. We were standing back because we didn’t want to bother him (we were about at his 5′o clock), and we were happy watching from a distance. A couple of guys walking down the aisle saw him and stopped (table was on the corner of two aisles) and started taking pictures with their cellphones. I guess he didn’t like that (not sure if that was the reason), but he suddenly stopped and signed off on something at the table and walked away. He probably wasn’t there more than 5 minutes.

At the poker tourney one of the dealers told us that several months back he lost $7 MILLION playing craps. IN ONE DAY. He said Ivey has been the casino’s biggest loser by far, but also one of it’s biggest winners.

Poker ROad
Phil Ivey regularly referring to people as bad luck, a common characteristic of a compulsive gambler.

Las Vegas journal comment from dealer
Tahir wrote on May 15, 2010 11:16 AM: While Phil Ivey is enjoying unparalled fame and fortune at this time it has come at a most substantial cost. I have just recently dealt to Mr. Ivey on a crap game and have found what fame and fortune does to a man. I have dealt to Mr. Ivey in the past and he is not the same person he once was.
I could cry about the fact he is not a good tipper but that is not my beef. As many high rollers are “Stiff”. He is very rude and a friggen “cry baby”. What a Cry Baby when he is losing. You would hope that a “Professional” gambler of his stature would be able to handle the fact that losing is part of gambling and show a little grace under pressure. But when thing don’t go his way he is very abusive to the dealers and has no manners to speak of.
Mr. Ivey should take a lesson from Bobby Baldwin and get some class! Mr. Baldwin is well respected in this town for his accomplishments after winning WSOP and has earned his place in that end of the business.
Bottom line is Phil Ivey couldn’t even buy-in at Bobby’s game and needs a lesson in manners!
Thanks Howard! I love your work!
Tahir

Full Tilt Poker responded to Phil Ivey’s lawsuit:
“Contrary to his sanctimonious public statements, Phil Ivey’s meritless lawsuit is about helping just one player – himself. In an effort to further enrich himself at the expense of others, Mr. Ivey appears to have timed his lawsuit to thwart pending deals with several parties that would put money back in players’ pockets. In fact, Mr. Ivey has been invited — and has declined — to take actions that could assist the company in these efforts, including paying back a large sum of money he owes the site. Tiltware doubts Mr. Ivey’s frivolous and self-serving lawsuit will ever get to court. But if it does, the company looks forward to presenting facts demonstrating that Mr. Ivey is putting his own narrow financial interests ahead of the players he professes to help.”

“Mr. Ivey has been invited — and has declined — to take actions that could assist the company in these efforts, including paying back a large sum of money he owes the site.”

Unlike Pauly, I believe Full Tilt Poker when they say Ivey owed them money. Just looks at his history at craps. How long can you play $50k – 75k a roll and last? I was also told by poker dealers in 2007 that he was broke. Makes sense that he would be borrowing against his income as a sponsored pro. I can tell you that Phil Ivey is not speaking for me. I think he is the greatest poker player of all time, but his character leaves much to be desired. People need to take a long look at the corruption at the DOJ. If people spent less time blaming FTP and more time calling the Senate about the DOJ and Eric Holder’s conflict of interest in the case, American would get their payouts sooner rather than later.


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