22August2017

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Phil Ivey - Profile

Phil Ivey, still only 36 years old, has won 8 World Series of Poker bracelets, finished 7th in the 2009 Main Event (which had 6,494 entrants), has won a WPT title, and is also considered to be one of the best cash game players in the world. He is often a big winner at the ‘Big Game’, held in Bobby’s Room at the Bellagio in Las Vegas and frequented by names such as Brunson, Negreanu, Esfandiari and Sammy Farha. In 2006 he won $16 million in three days against Andy Beal, the famous poker-mad oil billionaire, as part of ‘The Corporation’, a group of pros who took on Beal and his billions in the biggest cash game of all time.

Ivey’s performance at the 2002 World Series of Poker established him as one of the world’s best players. At only 26 years of age he won three bracelets, equalling the record for most tournament wins in a year (Phil Hellmuth, Ted Forrest, Puggy Pearson and Jeff Lisandro have all achieved the same record). Although usually seen playing Texas Hold’em on television, Ivey won the $1500 Seven Card Stud, the $2500 Seven Card Stud Hi-Lo, and the $2000 S.H.O.E. tournaments demonstrating his versatility even at the highest level.

Online his stats are incredible too. On FullTilt in 2008 he earned $7.34 million, in 2009 he earned $6.33 million and in 2010 he earned $3 million. As of 2012 his total live tournament winnings are in excess of $16 million, putting him in second place on the all time money list (behind Erik Seidel).

Unfortunately Ivey has become embroiled in the FullTilt fiasco (the poker website allegedly based on a Ponzi scheme, siphoning off customers’ money for personal gain). As part of the original design team for the website, Ivey found himself in the firing line last year when the company came under intense scrutiny. In May 2011 Ivey filed a lawsuit claiming FullTilt had breached his contract (this lawsuit was later withdrawn).

Away from the poker table Ivey is known for his philanthropy. He set up the Budding Ivey foundation with his mother to raise money for underprivileged children, raising hundreds of thousands of dollars.

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