Posted by Ray Finkle on 28th January 2011

Phil Ivey, nosebleed extroidanaire, recently confirmed to Pokerlistings.com what Doyle Brunson had mentioned earlier last week: Vegas’ big game is laying dead in the desert like it didn’t pay up.

“Once Chip Reese died it was pretty much over,” he said. “He was pretty much the backbone of the high-stakes games and now, there’s really no big game (in Las Vegas) anymore, except for during the World Series or when a tournament is in town or something like that. So yeah, there’s no real reason to be there. Four or five years ago you could count on there being a game four or five nights a week. Now there’s probably a game one or two nights.”

The Horseshoe, Bobby’s Room at Bellagio, Ivey’s Room at Aria–all kaput. You can thank Macau.

When the Asian Poker Tour (APT) made their annual stop back in November of last year, nobody would have expected the shift the big game would take. Wang Qiang, Richard Yong, Paul Phua–the three Chinese businessmen with more money than God, Oprah, and the Harry Potter lady combined that changed the landscape of the big game and helped put a stake into its Vegas heart. It would become the largest cash table of the last decade, seeing Tom “durrr” Dwan walk away up over $7 milion. As the action dwindled and the APT subsided, the show packed up like a traveling circus of the felt and was on to the next large buy-in championship tournament: this year’s Aussie Millions.

The usual Macau suspects arrived earlier this week and with them, so too did the sharks. John Juanda, Phil Ivey, Dwan, Patrick Antonius, and Eli Elezra comprised the familiar cast of cash game characters looking to join in on the $500/$1000/$100 ante No-Limit Hold’em action. With the fruition of the Aussie Millions big game table in a faraway land came a stark realization: Doyle was right.

Parlaying the interest and coverage following the high-stakes Barnum & Bailey, tourney officials made an impromptu addition yesterday to their event schedule with the new $250k Super High Roller event. Scoffing at other so-called “high roller” events, it would be the largest buy-in tournament ever assembled and featured some of the game’s premier names: Erik Seidel, Sam Trickett, David Benyamine, Chris Ferguson, Andrew Feldman, Ivey, Nikolay Evdakov, Daniel Cates, Tony Bloom, Annette Obrestad, Eugene Katchalov, Juanda, Alexander Kostritsyn, Roland de Wolfe, Dwan, James Bord, James Obst. Oh, and of course Qiang, Yong, and Phua.

The event was originally slated to be a winner-take-all affair, but a larger than expected turnout changed it to the top three seeing their cut of the prize pool. When the dust settled, it was Erik Seidel who took home the trophy and dump truck of $2,500,000, with Sam Trickett and David Benyamine taking second ($1,400,000) and third ($1,100,000). Seidel and Trickett are familiar faces at this year’s Aussie Millions: Seidel took 4th in the No-Limit Hold’em $100,000 Challenge for $625,000 and Trickett won the event for $1,525,000. Must be nice…

With Seidel’s win, he takes third all-time with $13,121,186, just under a million shy of surpassing both Negreanu and Ivey. These elite, glorified sit-and-gos, albeit the brightest minds on the felt, beg to ask the question: is the all-time money winners list losing its prestige and value? If Ivey plays Negreanu tomorrow for $10 million and it’s called a “tournament”, does that mean the winner skyrockets up the charts? Does playing one of the toughest fields ever assembled negate the fact you haven’t surpassed hundreds or thousands of other entrants to win? These “tourneys” are just becoming pissing contests as to who is more well-off to afford the bigger buy-ins, who has the biggest backers, or who’s sponsor can put the most money down on their horse. One thing’s for sure though: Seidel has 2,500,000 reasons why he doesn’t care about the answers to any of these questions.

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Posted by Ray Finkle on 18th January 2011

With his million dollar runner-up finish recently at the $100k  No-Limit Hold’em Super High Roller event at the Caribbean stop on the North American Poker Tour, the esteemed Daniel “Kid Poker” Negeanu has knocked Phil Ivey off his throne atop the all-time money winners spot…for now. While another big Ivey score is both inevitable and imminent with the fast approaching 2011 World Series of Poker (WSOP), Negreanu has once again in his illustrious career outshined his fellow peers.

The $1 million payday was his third largest cash to date, trailing behind his Five-Diamond World Poker Classic II and Borgata Poker Open WPT wins for $1,770,218 and $1,117,400, respectively.  From the turn of the century ESPN broadcasts showing his mom making him lunch to his eventual $14,131,104 in tourney winnings he’s accumulated over his lifetime, Negreanu has come a long way.

The four-time bracelet winner and poker natural has made dents across all major tourney circuits not seen in size since cannonballs hit the USS Constitution, with deep finishes riddled throughout the WSOP, the WSOP Circuit, the World Poker Tour (WPT), and the European Poker Tour. He saw his banner year in 2004-2005 when he received not one but three Player of the Year accolades from the WSOP, Card Player Magazine, and  WPT. With books, video games (it’s plural because only two people bought Stacked on the Xbox), and endorsements so far up his ass he’s breathing dollar bills, Kid Poker could live the rest of his life off of royalties alone. But his career hasn’t all been smiles and memories.

If I may piss on Negreanu’s parade here for just a moment, for a man who seems like he has won it all during his tenure on and off the felt, he has a severe Achilles’ heel: cash games. He is down close to $2 million dollars across the six seasons of High Stakes Poker, an astronomical amount considering he’s playing the game he built his empire on. If you waltzed on out of a cave and knew nothing about him, you would never be able to tell the difference between him playing and the producers giving a Vegas vagrant a $200k bankroll to squander. While cash tables are certainly a different mentality than tourney tables, the greats of the game are capable of sustaining themselves across the adversities of both. Albeit he still has millions of dollars to show, it is safe to assume that he has blown considerable amounts off the television cameras as well and that his chip stack hemorrhaging would be cause for concern if it weren’t somebody who wasn’t so well-received, well-endorsed, and the face of every product branded with the livelihood of poker.

All things considered when comparing Negreanu to the track record of the man he just recently inched passed, Ivey still sits higher on a grander scale, up tens of millions of dollars across all aspects of his play. But at the end of the end, and for the time being, Negreanu can toot his own horn as he rides the Tourney Express to Cashmoneyville.

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Posted by Ray Finkle on 23rd November 2010

The Asian Poker Tour recently just came through Macau, China for it’s 2010 stop on the circuit. Not an impressive story by any means. The impressive part were Macau’s cash games, which saw some of the world’s premier high stakes players, including Phil Ivey, Tom “durrr” Dwan, John Juanda, and Chau Giang, battling for their share of the endless wealth of the local Chinese businessmen.

First reported by world renowned tournament director Matt Savage, the action has been chronicled on the Two Plus Two Poker Forum and is the stuff of legend, giving new definition to the words “big game”. Forum user “Stella Yeh”, who was confirmed to be the Marketing Director at the Poker King Club card room at the StarWorld Casino (home to a significant portion of the epic sessions), submitted the following post:

“Last night all the regular high roller Chinese guys were playing..along with World Champion Chau Giang. (Durr and Phil were taking a nap and getting some rest)

How it went down:
Blinds: $10,000, $20,000HKD blinds, $10,000 Ante/person
There was a straddle of $40,000 HKD.
Chinese guy: bumps it up to $100,000HKD (with Ace, Jack)
Chau Giang: raises to $500,000HKD (with Ace, Ace)
Chinese guy: calls ….(everyone else folds) it’s now heads up

Flop comes out: J, J, 10

Chau Giang: Checks (two pair, aces and jacks)
Chinese guy: bets $1.2 million (with trip Jack’s, ace kicker)
Chau Giang: Calls

Turn: Ace ( WOW, Chau Giang has now made a Full house Aces over Jacks….While Chinese Guy has Full house Jacks over Aces)

Chau Giang: first to act ….Checks!
Chinese guy: pushes All IN …around $9 Million HKD
Chau Giang: Calls
River comes a 3: Chau Giang takes down the over $20 Million HKD POT!!!!!!!”

When translated into US Dollars, the hand was worth $2.58 million, an absolutely massive pot that stands as a testament to the action that has been seen day in and day out for the past two weeks. If not the largest, it was certainly one of the most notable hands.

While the aforementioned hand lined Giang’s pockets handsomely, rumor has it that it is Dwan who was the biggest winner at the tables (see picture). Originally down over $20 million HKD, he apparently rocketed back to over $62 million HKD, roughly $7.99 million US, the end result of a 15 hour heads-up marathon session.

Play has all but ended, with Ivey headed back to the states up on his visit and with Dwan taking time away from the tables to vacation across the rest of Asia, most likely to find a prospective third world nation to purchase with his winnings.

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Posted by Ray Finkle on 24th October 2010

A user on the immensely popular Two Plus Two internet poker forums going by the name “Check Check Lay” posted a first-hand account of his run in last week with Phil Ivey roaming in his natural habitat: the Vegas craps tables. Like National Geographic chronicling lions in the Serengeti, the poster came back with a candid depiction of the lion sinking his teeth into the gazelle.

“So leaving the Le Reve show at the Wynn me and my friends are walking by the dice tables and see Phil Ivey. We stop to watch and five seconds after we stop, we hear Ivey getting into an argument with the floor supervisor. Apparently, the dice rested on the back wall and was called against Ivey. He proceded (sic) to yell that hes been playing dice for a long time and has never seen anything that ridiculous. He drops a few F Bombs and strengthens his argument by saying he will never play there ever again. He closes by looking at the supervisor and says ‘If you see me playing dice here again I’ll Suck your D$@K’ then points to another supervisor and says ‘Your’s (sic) too’. “

That’s a pretty sharp contrast to the stoic and calculated poker phenom Norman Chad loves to describe as “quietly making some noise again.” When you have a whale tossing for $50k  for every flick of the dice, what exactly is floor protocol when somebody of Ivey’s wealth and prominent Vegas stature steps up to the table and starts yelling at you like he’s reciting a chat log from To Catch a Predator when you lay the law of the house?

Regardless of his demeanor, Ivey’s craps play is the stuff of legend. ESPN’s E:60 Chad Millman followed him around last year chronicling his stunning high-stakes lifestyle for four days across four different countries on his very own private jet, as Ivey and his entourage were whisked from one grandiose luxury suite to the next. Needless to say, he makes the word “ballin” look like a broke crack addict eating casino buffet leftovers out of dumpsters off The Strip. For 11:33 of pure, unadulterated, Puff Daddy and Ma$e “”Feel So Good” tossin’ Benjamins at fly honeys awesomeness, click here.

Even as prosperous a player as Ivey is, being the leading all-time tourney money winner with $13,633,137, having won in upwards of of $18.5 million in cash games online, and with all the money he collects from royalties every month from stuff adorned with his mean mug, craps has dismantled poker players and all their accumulated worth. You might remember when earlier this year, T.J Cloutier’s WSOP bracelet was found for sale on eBay by a Vegas pawn shop, after the down-and-out pro was admittedly strapped for cash. This is a man who has won $9,456,221 playing poker and trails only second to Phil Hellmuth for the most WSOP final table appearances. Highly touted as one of the greatest to play the game before craps consumed from him any foreseeable reason to exist between sunrise and sunset, Cloutier has dropped completely off of poker radars to reside only as an urban legend on internet search engines, highlighted by keywords like “craps” and “broke”.

Do I think Phil Ivey will ever be in danger of going broke? Absolutely not. But if he does, there’s one way you can tell…

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Posted by Ray Finkle on 23rd August 2010

I could just type out the name “Phil Ivey”, leave the rest of this post blank, and spare you the dead horse I’m about to beat going on about just how incredible a player he is.

For starters, he became the all-time leading tournament money player last year, edging out Daniel Negreanu after a storybook year at the Aussie Millions and World Series of Poker (WSOP), sitting currently with $13,531,757.

Secondly, the graph of his tracked cash game play looks like a waypoint set from Texas to New England. In just over three years at internet poker’s highest stakes, Ivey has won $19,044,447. These numbers don’t factor in the little known heads-up desecration where he filleted Texas billionaire Andy Beal like an Angus steer.

Beal was a man who struck it rich in banking and real estate. He was a certifiable mathematical genius and had a sweet tooth for poker. Between 2001-2006 at the Wynn in Las Vegas, he played limit hold’em heads-up matches with The Corporation, a syndicate formed of some of some of the greatest pros to have played the game: Doyle Brunson, Chip Reese, Todd Brunson, Ted Forrest, Jennifer Harman, Howard Lederer, Gus Hansen, Barry Greenstein, Chau Giang, Johnny Chan, Minh Ly, David Gray, Hamid Dastmalchi, among others. On May 13th, 2004, Beal earned what has been reported as the largest single day score in poker cash game history, winning $11.7 million from Reese, Harman, Hansen, and Dastmalchi. The battle was far from over.

Beal would return in 2006, claiming the entire $10 million stake The Corporation assembled from the Vegas community.  Much like a pool hustler pulling out a custom cue from its case after bombing his first couple games, The Corporation went to their bags and pulled out Ivey. The edge Beal brought to the games was agreeing upon limits that even the biggest name pros had rarely seen, leaving some of the most seasoned players unnerved. Starring into the face of $30,000/60,000 limits, which were later raised to $50,000/100,000, Ivey barely blinked. He would go on to take $16.6 from the billionaire, winning back The Corp’s initial $10 million and seeing himself well in the black. The end result was that of a JV basketball team taking on the Harlem Globetrotters. Beal has since to return back to Vegas.

Cash games aside, his tournament accolades are equally stunning. Ivey currently owns the record for most World Poker Tour (WPT) final tables, having made nine final tables out of his 11 cashes. To anyone else this would be a miraculous feat, but it just leaves you thinking “Pshhh…that crazy Phil Ivey!” His streak of seven final tables without a victory would come to an end in 2008 at the L.A. Poker Classic Championship, when he took down the trophy and $1,596,100 more to add to the money pit.

While this quickly became an article that should have been titled “Amazing Feats in Poker History”, I’m about to bring the satellite back into the WSOP orbit. Of all of his amazing achievements, two of them manage to stand out somehow on a laundry list already written in gold, underlined in platinum, and kept in a frame made of diamonds and bald eagle scalps.

Ivey is one of only four players to have had a three-bracelet year as I had mentioned in a previous “Amazing Feats in WSOP History”, joining the ranks of Ted Forrest, Phil Hellmuth, and Jeffrey Lisandro. Coupled with the fact that last year, he won two more bracelets ($2,500 no-limit 2-7 draw lowball; $2,500 split omaha hi/lo & 7 card stud hi/lo) AND final tabled the Main Event, he essentially leaps light years ahead of his three aforementioned peers, and unsurprisingly, sits alone in the glory of another incredible poker achievement.

Without a doubt, what is arguably Ivey’s finest accomplishment and can easily be considered the all-time leading achievement in WSOP Main Event history are his four top 25 finishes over the past decade of the $10,000 championship. The average Joes that dish out the buy-in watching their favorite pros on TV can only hope to cash in it. The pros playing for all the dead money can only expect to make the bubble. Nobody has done it quite like Ivey. He’s placed the following years, earning the specified amounts out of the following fields:

  • 23rd – 2002 – $40,000 – 631 players
  • 10th – 2003 – $82,700 – 839 players
  • 20th -  2005 – $304, 680 – 5619 players
  • 7th – 2009 – $1,404,002 – 6494 players

What else can be said that hasn’t already? Ivey is poker’s greatest export and has drastically increased its gross domestic product (GDP) with his glaring stare, fearless demeanor, innate abilities, and by being a man driven by the competition as much as he is the action. Records and numbers are meant to be broken and surpassed, but when people look back on the annals of poker, there will always be only one Phil Ivey.

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Posted by Ray Finkle on 31st July 2010

3braceletsThree bracelets–that’s how many the following players won in a single year at the World Series of Poker (WSOP). Zero–that’s how many you have won in your lifetime. One in a year is a dream for most people shelling out the thousands of dollars for an entry fee. Two in a year is a dream for any pro. Three in a year? Well only Jeffrey Lisandro, Ted Forrest, Phil Hellmuth, and Phil Ivey could tell you how that feels.

It was no surprise when Jeffrey Lisandro went on to win the 2009 Player of the Year a little over a year ago. With his victories in the $1,500 seven-card stud, the $2,500 razz, and the $10,000 seven-card stud hi/lo events, he solidified himself as a mixed game force to be reckoned with. If you don’t know the man behind the accomplishment, his most recognizable moment before calendars turned to 2009 was deep into the 2006 WSOP Main Event. He almost had fisticuffs with pro Prahlad Friedman after he accused him of stealing a missing ante that ESPN over-the-table cameras would later replay later show him posting. Lisandro would eventually take 16th place.

Back in 1993, when you were still in your PJs playing Street Fighter II Turbo and Zombies Ate My Neighbors, Ted Forrest was making his comeuppances in the pokersphere. Playing tic-tac-toe with gold bracelets back when the WSOP was but a glisten in the poker boom’s eye, he won the $1,500 limit omaha hi/lo, $1,500 razz, and the $5,000 seven card stud events. Over a decade later in 2004, he would go on to earn bracelets #4 and #5, netting yet another multi-bracelet series when he won the $1,500 stud and no-limit hold’em events. Calling that impressive is saying the very least.

As if to say “anything you can do I can do better”, Phil Hellmuth went on to win three bracelets for himself in 1993: the $1,500 and $2,500 no-limit hold’em events, as well as staking his flag atop the field in the $5,000 limit hold’em. Already established as a world champion by that point, this feat would be the beginning of a bloated career steeped in high standard and tears of self-pity, then dried out with shining vanity.

Who better to round the list off than Phil Ivey, aka the Michael Jordan of the felt. The training wheels came off during his breakout year in 2002, when he won the $1,500 seven card stud, $2,500 seven card stud hi/lo, and the $2,000 S.H.O.E. (stud, hold’em, omaha hi/lo, stud h/l) events. These wins helped him afford a down payment on the cement foundation of his money pit, which he has been shoveling prize pools into ever since. His three-bracelet year was made all the more impressive recently in 2009, where he not only had his second multi-bracelet series ($2,500 omaha & stud hi/lo mixed, $2,500 no-limit deuce to seven lowball), but final tabled the Main Event. If players didn’t know of Ivey then, they certainly recognize his name now.

Do you see a trend though with most of these events? They’re mixed game tourneys, which bring drastically smaller fields and are only played by variant specialists. I’d make the defense that Hellmuth’s jewelry came from all hold’em events and those naturally have larger fields, but not in 1993, when there were only 63 players in his $5k event. Ted Forrest’s $5k stud win only saw a turnout of 57. Some of the greatest stud players in the world, yes, but a turnout that rivals that of town’s police charity hold’em tourney. That’s not to take away from any speakable accomplishment these players have earned with their victories or throughout their lifetimes, but I ask you this: is it harder to win three bracelets at events with an average field of 150 or cruise deep into a field of 2,000+?  I guess we’ll never know because they’re too busy doing both.

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Posted by Ray Finkle on 17th July 2010
iveyI know what you’re thinking: sometimes, this blog seems like it’s a shrine for Phil Ivey’s accomplishments. But if he wasn’t so good, we’d be filling these posts with someone else’s name that has a lot more letters and would far more annoying to type about.

Ivey reached his record-setting 9th final table on Thursday at the World Poker Tour (WPT) Bellagio Cup VI. Getting down to three-handed play, two formidable players stood in his way: Moritz Kranich and Justin Smith.

Kranich won The French Open back in 2009, the European Poker Tour’s championship stop in Deauville, France for $1,208,175. Smith, who is known as “Boosted J” online, made it back-to-back final tables with his performance, having taken 3rd in the very same event last year.

Ivey gained the chip lead at one point, but failed to see it through to the money presentation. With unrelenting blinds, Ivey’s shove of Q4 was called by the K8 of Smith. An 8 on the flop sealed Ivey’s fate, as he went on to bust in 3rd place, walking away with $363,650.

With the massive blinds swelling over their heads,  Smith was all-in and behind on the turn, after Kranich’s K10 peeled a K to take the lead over his JJ. The river flopped a blank and Kranich sealed himself the $875, 150 victory. For his improvement from last year’s third to this year’s second, Smith added $594,755 to his bankroll.

If Ivey doubters even exist, they should note that of his 12 WPT Championship cashes, he has final tabled eight of the events:

  • 1stWPT Bellagio Cup IV – WPT Season 9 = $363,350
  • 34th - WPT World Championship – Season 7 = $40,855
  • 21stFoxwoods World Poker Finals – Season 7 = $27,135
  • 10thWorld Poker Challenge – Season 6 = $46,832
  • 1stLA Poker Classic – WPT Event Season 6 = $1,596,100
  • 5thMirage Poker Showdown – WPT Event Season 6 = $129,684
  • 6thFive-Star World Poker Classic – WPT Championship Season 3 = $264,195
  • 3rdWorld Poker Challenge – WPT Season 3 = $163,908
  • 6thBorgata Poker Open – WPT Season 3 = $105,700
  • 3rdFive-Star World Poker Classic – WPT Championship Season 1 = $253,313
  • 2ndJack Binion World Poker Open – WPT Season 1 = $291,030

The words “nothing short of an amazing accomplishment” and “Phil Ivey” find themselves in the same sentence more often than “of” and “the”; it’s feats like these that establish why. He is poker’s Michael Jordan or Mike Tyson, and it’s enthralling to sit back and watch somebody soar above the competition and knockout the rest that stand in his way.

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Posted by Ray Finkle on 25th June 2010

phil-hellmuthHellmuth has been playing like Ivey has had a gun to his head, and after winning his 8th bracelet, he practically does. The impending doom of the Ivey Express is bearing down on Hellmuth’s spot atop the coveted all-time bracelet leaderboard. So what does Hellmuth go and do? He makes his 42nd World Series of Poker (WSOP) final table.

Earier this morning, Hellmuth busted out in 7th place of the $1,500 pot-limit Omaha high-low event. Known for having bracelets in only hold’em events, a win in a different poker variant would have alleviated talks that it was the only game Hellmuth could win at. In typical “Poker Brat” fashion, he walked away from the table complaining: “He woke up with aces. I raise once and he wakes up with aces!”

His 7th place performance was just the lastest of his recent cashes at the 2010 WSOP. In Event #8, the $1,500 no-limit hold’em event, Hellmuth finished 15th amongst a field of 2,348 for $25,472. In event #17, the $5,000 no-limit hold’em, Hellmuth made another deep run through a field of 792 players, ultimately falling short and walking away with a $14,000 consolation prize for 50th place. In his greatness, he is consistent, and out of this ability to constantly perform at the top of his game against the highest caliber player in the world, he has cemented his legacy to what we can call the “Phil Poker Trifecta”.

Hellmuth not only holds the record for most WSOP bracelets with 11, he currently has the most WSOP cashes (78) and final tables, setting the bar even higher on the poker world with his latest record-breaking 42nd WSOP final table, a record held none other than himself. It was formerly held by T.J. Cloutier with 39 final tables, who’s last, dying rays of poker relevancy vanished after Hellmuth’s 8th place finish in the $5,000 pot-limit Omaha rebuy at the 2008 WSOP, and the 40th final table that came with it.

Brash comments and swelling ego aside, you really have to give it to a man who can continuously make deep runs through such formidable fields. It’s not to say that he’s the only one that does it, but it can be argued that he is the best at doing it. His legacy has undoubtedly been cemented, if not for his accomplishments, his “colorful” personality and inability to take a loss on the chin. After Ivey’s recent bracelet, it has stirred up what is destined to be an age-old debate: Hellmuth or Ivey? It’s like matching Friday vs. Saturday, Coke vs. Pepsi, sausage vs. pepperoni. The pros of one outweigh any foreseeable cons of the other. As far as I’m concerned, we’re all winners; we just get to sit back and watch the show

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Posted by Ray Finkle on 23rd June 2010

Phil IveyIt’s a familiar picture: Phil Ivey, more money than you own, and a bracelet.

Many people thought Ivey’s 2009 World Series of Poker (WSOP) was as good as it could get for any poker player. Winning not one but two events and finishing in 7th place in the Main Event, it was nothing short of storybook for the poker phenom. Ivey apparently stayed strapped into the rollercoaster and took it right into 2010, winning his 8th bracelet yesterday in the $3,000 H.O.R.S.E. event.

Besting a star-studded final table of notables like Chad Brown (9th), Jeffrey Lisandro (5th), John Juanda (3rd), and eventually heads-up play with Bill Chen, Ivey came back from being day three shortstack to capture the WSOP gold. His first place finish brought in $329,840 to add to the Scrooge McDuck money pit Ivey has located behind his helicopter pad next to his rollercoaster and horse ranch. It is also interesting to note that this is John Juanda’s FIFTH final table of this year’s Series, which is nothing short of amazing in of itself. Although a bracelet alludes him yet again, he sits atop the WSOP Player of the Year leader boards with a handsome lead over his peers.

Now to you or I, $329,840 is years in the making of a miserable job, a terrible diet, a fat wife, three kids, a minivan, and what little life we’re afforded in between monthly bills and the booze to suppress it all. To Ivey, this is chump change, money he’d throw away on the craps table in his high roller suite. While the prestige is irreplaceable, the real money comes in the form of his prop bets. It’s uncertain just how much he cashed in with his 8th bracelet, but his ongoing bet with Howard Lederer to win two bracelets in three years certainly took an interesting turn, as he is halfway to winning himself $5 million, an amount that would make anybody sweat.

From Lederer’s Twitter account shortly after the win: “…gulp”

His win ties him with Erik Seidel for 5th all-time with bracelets. Here’s a look at his competition, with the average field sizes of their wins.

Phil Ivey (8): 220
Erik Seidel (8): 298
Jonny Moss (9): 50
Johnny Chan (10): 174
Doyle Brunson (10): 97
Phil Hellmuth (11): 488

The noticeable difference comes when comparing the old-timers to the younger players. That’s not to take anything away from their accomplishments throughout their lifetime, but it stands testament to the noticeable gap in size between fields decades ago and the modern turnouts. It could be argued that given their current stances atop the all-time list and the fields that Moss and Brunson traversed, players like Chan, Ivey, and Hellmuth would already be holding 30 a piece.

The other argument that could be made from all these statistics is that Phil Hellmuth still remains the greatest no-limit hold’em tourney player. This is not to be confused with cash game, which is reserved for the likes of Ivey and Tom “durrr” Dwan alone on a plain in the upper echelon. Hellmuth’s superiority in making it through massive fields always manages to make his ego slightly less foolish than he makes himself look.

Without question, Ivey is the greatest all-around player on the planet. It’s only a matter of time before this self-made millionaire, who went from sleeping under the Atlantic City boardwalk to living reaches the apex of his career and the inevitable: the all-time WSOP bracelet winner.

Let’s take a look back at the events Ivey has won throughout the years, with a resume fit for any rounder extraordinaire.

  1. 2000 – $2,500 Pot Limit Omaha $195,000
  2. 2002 – $2,500 7 Card Stud Hi/Lo $118,440
  3. 2002 – $2,000 S.H.O.E. $107,540
  4. 2002 – $1,500 7 Card Stud $132,000
  5. 2005 – $5,000 Pot Limit Omaha $635,603
  6. 2009 – $2,500 No-Limit 2-7 Draw Lowball $96,367
  7. 2009 – $2,500 Omaha Hi/Lo / 7 Card Stud Hi/Lo $220,538
  8. 2010 – $3,000 H.O.R.S.E. $329,840

Long story short: don’t bet against Phil Ivey.

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Posted by Ray Finkle on 11th May 2010

brokePoker pro Jean-Robert Bellande has recently reported to his eagerly awaiting Twitter fans (sarcasm) the woes of the roller coaster ride known as his bankroll management.

Strapping into the ride: “Poker Pro. Track my crazy swings as I take my bankroll from zero to a million.”

The top of the coaster: “I can’t take it anymore. Accepting the 15k loss. David Benjamine [sic] just too tough. 55k.”

The bottom: “Cash 0…I feel sleepy.”

It’s not the first time a poker pro has gone broke, and certainly won’t be the last. The poker lifestyle isn’t like the Ma$e “Feel So Good” video where people in lavish clothing are tossing hundos at fly honeys. There are only two constants with poker: there will be winners and there will be losers.

Many of the biggest winners in the game have taken the elevator from the gutter to the penthouse. Phil Ivey used to sleep under the boardwalk in Atlantic City when he’d go broke. Now he co-owns Heaven with Jesus.  Scotty Nguyen dealt cards all day and played poker all night, eventually parlaying his bankroll $7000 into $1 million once he took it to Vegas. The fast-lane lifestyle caught up to him quick, when surmounting losses and addictions to booze and cocaine took their tolls, leaving him penniless days before the start of the 1998 World Series of Poker Main Event. It wasn’t until Mike Matusow helped stake Nguyen in a satellite qualifier to the $10,000 championship did he manage to leap back to the top, moving on to poker greatness with a Main Event win and never looking back.

It’s when you go from the penthouse and sleep in the gutter that you find the real sorrow in the losers. Most notably, the tragic life of famed pro Stu Ungar comes to mind. A man who many considered the greatest hold’em player to have ever lived and a genius in every sense of the word, the seedy underbelly of Vegas living caught up with Ungar. Drugs and hookers were cancer to a man who had reportedly won over $30 million playing poker in his life time. On November 22, 1998, he was found dead in his hotel room with $822 left to his name, the remnants of a loan from a friend.

The most current busto news sent shock waves through the internet poker forums late last year when it was discovered that the Plano Pawn Shop of Plano, Texas was selling a 14 karat gold, diamond-encrusted World Series of Poker bracelet from a 2005 $5000 no-limit hold’em on eBay. The bracelet belonged to none other than T.J. Cloutier, one of the game’s greatest tournament players. To his name, he has $9,413,236 in winnings and trails only Phil Hellmuth in WSOP final tables (41 and 39 respectively).

Speculation spread like wildfire once the bracelet was spotted as to whether or not Cloutier was sinking or swimming. Cloutier spottings started popping up all across Vegas, slumming at the free hot dog table for a buy-in to a nightly tourney or seeing his name on the wait list for $1/$2 no-limit games at different casinos. Reports also began surfacing regarding his major leak:  craps. Terrance Chan, friend and fellow pro, stated in 2006 that “T.J. has lost more money at craps than possibly any human being alive.” Make that $9,413,236 to be exact.

The winning bidder was nice enough to return the bracelet back to Cloutier, a sign of utmost respect for somebody down on his luck. I say “down on his luck” loosely though, because after winning in upwards of $9 million and losing it all and then some, stupidity and self-restraint need to be taken into account.

So you think you want to be a poker pro? You may want to think again.


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