The world's best poker player is trying to get paid $12 million that he won in a London casino. Except, they refuse to pay him.
At this point, you must be aware of the hot water that Phil Ivey and his mysterious Asian companions (among them Cheng Yin Sun) got in after winning millions playing punto banco (a.k.a. Baccarat) at the Borgata Casino in Atlantic City, NJ and Crocksfords in London, England. In 2012, Ivey and friends had an epic score worth $20 million after two huge winning binges at the Borgata and Crocksfords.
Crocksfords initially cockblocked a win worth £7.8 million (or $12 million USD) by Ivey by claiming he broke the rules. Ivey admitted he shot a legitimate angle with “edge sorting.” Ivey and his companions were able to determine which cards had flaws in their asymmetrical design. When the dealer wanted to switch decks, Ivey claimed he was superstitious and insisted on the same (flawed) deck. Ivey believed it was the casino's fault for using defective cards. Ivey filed a lawsuit and lost. He was awarded an appeal, set for December 10th.
Will the judge rule on the favor of the gambler or the casino? Another case of the little guy up against big business. Except in this case, the little guy happens to be the most dangerous poker player in the world and $12 million is on the line after being acquired in a most unusual way.
This is really great news. I am getting a second shot and I'm hoping we will win this time around. It is not in my nature to cheat, which is why I was so bitterly disappointed by the judge's decision a year ago, even though he said I was a truthful witness. When you are a professional gambler you are always looking for ways to gain an advantage over the casino. It's their job to prevent me from having any advantage. Sometimes I come out on top, sometimes they do.
In 2014, the Borgata sued Ivey alleging his $9.6 million win playing baccarat was not on the up and up.
Read excerpts about Phil Ivey's mentality as an advantage player here.