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wouldn't be surprised if they are friends and get possibly gets plays... but from what i have heard ivey isn't exactly a sharp sports bettorComment -
I would never trust Ivy
He is a thiefComment -
Settle down corbin we are in the gambling industry what do you expect us to be moralists? It's every man for themselves here guy.Comment -
What did Ivey do that makes him a snake?Comment -
He profitted off of full tilt pokers ponzi scheme that has left the players their stiffed for the last 2 years of about 250 million just for starters.Comment -
World’s number one poker player wins £7.3m in two nights - but top London casino REFUSES to pay out and launches internal inquiry
- Questions over huge Punto Banco win by millionaire gambler and mysterious female Asian companion
- Staff interviewed at length amid fears of 'collusion'
Stand off: Poker star Phil Ivey has had his winnings withheld by Crockfords
Britain's oldest casino is investigating a £7.3 million win by the world’s top poker player – and is refusing to pay him a penny.
Crockfords, the exclusive Mayfair gaming club, has informed the Gambling Commission that it is withholding Phil Ivey’s payout.
A source with close knowledge of the dispute described the situation as unprecedented.
Accompanied by a ‘beautiful Oriental woman’, Mr Ivey, a 35-year-old Californian, was playing Punto Banco, which is a skill-free variant of baccarat, when he struck a remarkable winning streak.
The 184-year-old casino initially agreed to transfer the winnings to his bank account, but six weeks on it has returned only his £1 million stake.
Instead it began an exhaustive inquiry.
Staff, including the female croupier, were interviewed at length amid fears there may have been some form of collusion.
This is thought to have been ruled out.
While it is unclear what, if anything, Mr Ivey has been accused of, lawyers for both sides are said to be engaged in an increasingly tense stand-off. It is not thought that police have been alerted.
Sources said Mr Ivey played for two nights over the August bank holiday for about seven hours in all.
Suspicions over the win intensified when it was discovered that his companion’s membership of another Mayfair casino had previously been suspended.
The reason for this has not been revealed.
Crockfords, the oldest private gaming club in the world, is owned by Genting, the Malaysian gaming corporation.
Genting investigators flew to London from Kuala Lumpur to speak to everyone who was working on the two nights in question and to examine hours of film from surveillance cameras.
The cards used and the shoe they were dealt from were also scrutinised.
‘No imperfections, or marks, that would have given Ivey an advantage were found.
In any case, Ivey at no time touched the cards,’ said a source.
‘The shoe was also thoroughly inspected; once again the investigators drew a blank.’
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Casino: Doormen outside Crockfords Casino in Mayfair London
Mr Ivey, who once picked up £10 million in a poker tournament in Las Vegas, was playing in a small private room on the ground floor of Crockfords.
He sat next to his companion.
The only other people in the room were the croupier and an inspector.
All the action was recorded on ten cameras.
Mr Ivey was initially gambling £50,000 per hand, which can be over in less than a minute.
He was later given permission by the management to increase his stake to £150,000.
Private club: Crockfords is Britian's oldest casino
Punto Banco is the favoured game of high-rollers.
The result is determined as soon as the cards are dealt – it offers marginally better odds than games such as roulette.
At first, Mr Ivey’s losses were heading towards £500,000 but he recovered, and at the end of the first night was £2.3 million up.
His winning form continued on the second night and by the time that he signalled he was ready to quit he had amassed £7.3 million.
He told the management he wanted the money transferred into his bank account.
The casino allegedly told him it couldn’t be done straight away because of the bank holiday, but assured him that it would be done on Tuesday, August 28.
Mr Ivey left the club and the casino began an immediate investigation.
Because of the difficulties involved, instances of Punto Banco cheating are rare.
Twelve years ago a Triad gang used covert surveillance footage to read cards being dealt and relay a signal to a receiver outside the casino.
The information was then transmitted to the player using a hidden earpiece.
There is no suggestion that Mr Ivey is accused of using any of these methods.
Although he is a respected figure in the poker world, casinos regard him as a ‘hit and run’ gambler, with a tendency to ‘quit after just a few hands if he wins big’.
On this occasion, Mr Ivey, a divorcé, assured Crockfords bosses that he would play for a serious amount of time, and transferred £1 million into the casino’s bank.
Mr Ivey declined to comment when approached by a Mail on Sunday reporter at a tournament in Cannes last week.
‘Please don’t talk to me. I am concentrating on my tournament,’ he said.
His mother, Pamela Ivey, who lives in Las Vegas, said: ‘He never mentioned it.
It can’t have been very important to him, or I think he’d have mentioned it.’
Last night a spokesman for Crockfords said: ‘As a private club we put great store on the confidentiality of the relationship between ourselves and our client and we therefore have no comment to make.’
PLAYER, BANKER...AND A GAME FOR 009
Chips: The game Punto Banco is the sister game of Chemin de Fer
Punto Banco is the sister game of Chemin de Fer, the high-stakes card game favoured by James Bond.
The aim is to hold cards with a count of nine or closest to nine.
You bet that either the hand held by the player (punto) or banker (banco) will win and place bets on the appropriate area on the table.
You can also make a ‘tie’ bet. Tens and picture cards and multiples of ten count as zero: for example, 7 + 3 = 0; 10 + 4 = 4; king + 10 = 0.
Its appeal rests on how the advantage can switch with each new card, lending huge excitement to the action.
Like blackjack, the game is played with several packs of cards, which are shuffled by a croupier and dealt from a shoe.Comment -
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What's a big dealComment -
The kid got alligator blood....Pay the man his money.Comment -
If your a gambler your a thief
they go hand in hand
no nice games in gamblingComment -
The rumour is he bet the arizona superbowl for him. It makes sense because ivey is a craps and baccrat whale. Casinos let him bet whatever he wants.Comment -
did this joker meet billy walters at walmart?Comment -
i guess if you consider getting the wrong change in my favor stealing, then yes, ive received extra money without saying anything before. but ive never spent any time thinking about how to rip someone off, or pull some elaborate scam. if im ever in a pinch, i go to family...thats what family is for.Comment -
Ivy does not move for Walters
Joker wanted attention..I was a poster I know or knew..I cut him offComment -
JJ funny how you think you know everything. Phil used to be square as can be. He would walk up to the golden nugget and drop 35k on a NFL halftime. Lets just say some sharps got ahold of him and used him to get down big at the books in Vegas because there limits were chopped and they used him to get down 50k a game that they would normally never take from a regular guy. Vegas found out after ahile but ot but lets just say you dont want to book his action anymore. JJ once again proving he is the biggest moron on SBR.Comment -
I mean if your going to "cut someone off" atleast have your facts straight. Becuase then its you that looks like the moron.Comment -
Wouldn't be surprising. Good move using celeb's since it'll just look like they are mailing it in with a big bet - books will just take it and not think they are bearding.Comment -
Phil bet a million on Arizona in the Superbowl becuase he wanted to. It is as simple as that. He gambles big and has probably won more money playing poker the past 15+ years than anyone in the world. A million to him is like 10k to many of us.
He in no way scammed anyone in the Full Tilt incident. Full Tilt was a great site. While they still owe me, over the years they paid me well over 100X what they owe now, including a wire 2-3 days before they were blocked out of the US.Comment
