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Old 04-13-2010, 04:59 PM   #101
BartJ385
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by AdamSchwartz View Post
I thought it was one of the best first posts i've seen in a while
+1. way too many haters on 2p2.
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Old 04-13-2010, 05:04 PM   #102
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Floor person should not be airing out the high-limit wins/losses with randoms.

What a horrible miss use of this, now UGTFU
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Old 04-13-2010, 05:11 PM   #103
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by shaniac View Post
gee whiz, thanks for clarifying what I meant by "8 figures!"
I can promise you, Ivey does not make 10 million a month, Chris F and Howard do not make that much and they have a lot more of Full Tilt than Ivey does. No high stakes are going on in Bob's room, the highest game going on is a mixed 400-800 according to Doyle, and I am gona take his word, and Ivey made less that 10 million last year in online I believe.

oh and Pa Prop bets and golf are not - EV and are not like pit games.
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Old 04-13-2010, 05:37 PM   #104
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by LiveActionPro View Post
I can promise you, Ivey does not make 10 million a month, Chris F and Howard do not make that much and they have a lot more of Full Tilt than Ivey does. No high stakes are going on in Bob's room, the highest game going on is a mixed 400-800 according to Doyle, and I am gona take his word, and Ivey made less that 10 million last year in online I believe.
Hey, ******, sounds like you have better info than me, but from what I have gathered, I wouldn't be surprised if the three people you referenced made 10M+ per month in disbursements (and I was only basing my assumption about his income around his endorsement deal with FTP, nothing to do with Bobby's Room or any other action).
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Old 04-13-2010, 07:11 PM   #105
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Re: Ivey drops 500k in 22 minutes @ Borgata

I'm sure Ivey didn't even care about the loss. You're talking about a guy that didn't know he had $750,000 in a safe deposit box at one of the Vegas casinos. I get happy when I find a $20 in my pocket that I didn't know was there. Insane that someone could have that same moment but with $750,000.
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Old 04-13-2010, 07:18 PM   #106
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Re: Ivey drops 500k in 22 minutes @ Borgata

Given how much Ivey plays, 22 minutes is a ridiculously small sample size.
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Old 04-13-2010, 07:22 PM   #107
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by shaniac View Post
Hey, ******, sounds like you have better info than me, but from what I have gathered, I wouldn't be surprised if the three people you referenced made 10M+ per month in disbursements (and I was only basing my assumption about his income around his endorsement deal with FTP, nothing to do with Bobby's Room or any other action).

Maybe before the divorce. Now Ivey has to divide instead of multiplying.....
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Old 04-13-2010, 09:03 PM   #108
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Re: Ivey drops 500k in 22 minutes @ Borgata

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nice vid, thanks!
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Old 04-13-2010, 10:09 PM   #109
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by The Dynamite Kid View Post
I'm sure Ivey didn't even care about the loss. You're talking about a guy that didn't know he had $750,000 in a safe deposit box at one of the Vegas casinos. I get happy when I find a $20 in my pocket that I didn't know was there. Insane that someone could have that same moment but with $750,000.
link to story plz?
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Old 04-13-2010, 10:29 PM   #110
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Re: Ivey drops 500k in 22 minutes @ Borgata

life is too easy when you don't shoot dice
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Old 04-13-2010, 10:33 PM   #111
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by The Dynamite Kid View Post
I'm sure Ivey didn't even care about the loss. You're talking about a guy that's a complete degen gambler and doesnt care about the value of $1 dollar let alone $100,000,000
fyp
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Old 04-13-2010, 10:50 PM   #112
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Re: Ivey drops 500k in 22 minutes @ Borgata

Pretty sure him losing 500k at craps not that big of a deal. Would be like me losing $500. yeah it's annoying whatever no one likes to lose but it's not like i'll be homeless because of it.
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Old 04-13-2010, 11:03 PM   #113
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by starrazz View Post
Ivey's going to go broke if he keeps throwing 7 figures at craps all the time. It's only a matter of time. Unless he stops altogether.

At the end of the video, he says that what he does isn't gambling, it's poker, its like a job. That's definitely true. But I was thinking about the craps, which most certainly is gambling--the worst kind where you are guaranteed -EV at all times--and what denial he is in.
Jeez you are a nit - some of us like to shoot dice, and the odds against you arent that bad if you play with max odds at decent casinos.

I played at Beau Rivage seven or eight times last week with 10x odds - on a pass line bet of 10 with 100 behind with a point of 4, I was risking 110 to win 218 on a 2-1 wager. You consider that a house edge which is sure to "break" me? $2/$220? Give me a break.

If you enjoy the game and the action, and can afford to play - that is not a house edge which makes the game unplayable.
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Old 04-13-2010, 11:16 PM   #114
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Re: Ivey drops 500k in 22 minutes @ Borgata

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NVG is the new BBV
minimum was $200/hand...we ended up playing there since the place was so busy we couldnt find 3 seats anywhere together.
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Old 04-14-2010, 02:04 AM   #115
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by yankeehaze View Post
floor person who clocked me in at blackjack was talking about it.
must be true then....loool
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Old 04-17-2010, 11:31 PM   #116
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Re: Ivey drops 500k in 22 minutes @ Borgata

In related news I dropped $300.00 in 22 minutes this evening at Bally's AC...Ratio wise it is probably the same...sucks but oh well I guess
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Old 04-18-2010, 02:37 AM   #117
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by GiantWalleye View Post
link to story plz?
I'm not sure if this is the story he was talking about but iirc Brandon Adams was talking about a big cash game somewhere in LA (I think) the night of or somewhere around when a tournament was being run.

Something like BA told Ivey about it and Ivey said he didn't have any money with him. Ba (again I think this is what happened) said he was surprised Ivey was just saying he didn't have any money because Ivey should be able to ask about anyone and they would front him. Sooooooooooo, Ivey came back to BA later saying he would play because he found 750k (in chips) in his pocket that he forgot he had.
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Old 04-18-2010, 02:49 AM   #118
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Re: Ivey drops 500k in 22 minutes @ Borgata

OP go read the ESPN article on Ivey, he probably just picked up and went off to Europe in his private jet and won it all back anyway. Ivey
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Old 04-18-2010, 09:46 AM   #119
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by sinner View Post
methematically unpossible
A+


but honestly, craps is a beatable game. one of a few when played with perfect strategy. the others being blackjack and baccarat. the house edge in those three games is low enough to where you can make a profit, although in the long run most people won't. this is because they are making mistakes that, when the house edge is ~2%, will effect their long term results (like taking insurance at a blackjack table)
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Old 04-18-2010, 09:48 AM   #120
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Re: Ivey drops 500k in 22 minutes @ Borgata

[ ] Ivey confirmed busto
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Old 04-18-2010, 09:53 AM   #121
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Re: Ivey drops 500k in 22 minutes @ Borgata

No money in Craps. Everyone is solid.
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Old 04-18-2010, 10:01 AM   #122
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by Karganeth View Post
Phil Ivey is a toolbag. Donating all the poker moneys to the big casinos

this is why dwan and antonius are better gamblers overall. They don't play -EV games.
ORLY?
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Old 04-18-2010, 12:41 PM   #123
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Old 04-18-2010, 01:39 PM   #124
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by badfilms View Post
A+


but honestly, craps is a beatable game. one of a few when played with perfect strategy. the others being blackjack and baccarat. the house edge in those three games is low enough to where you can make a profit, although in the long run most people won't. this is because they are making mistakes that, when the house edge is ~2%, will effect their long term results (like taking insurance at a blackjack table)
No games offered by the casino are beatable. The house edge on craps may be a lot lower than on roulette but that doesn't mean the game is beatable.
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Old 04-18-2010, 03:42 PM   #125
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Re: Ivey drops 500k in 22 minutes @ Borgata

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Originally Posted by DayTripping View Post
No games offered by the casino are beatable. The house edge on craps may be a lot lower than on roulette but that doesn't mean the game is beatable.
tell that to james grosjean
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