Phil Ivey wins 7.3m GBP in London, casino refuses to pay. Ivey sues. Loses Case. Appeals. Loses - Page 5 - Poker News

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’.

So he's not a degen, but a disiplined gambler, therefore he's labeled as a HnR? GFY Crookfords

10-07-2012 , 01:58 AM

#102

silkyjonson

adept

Join Date: May 2005 Posts: 925

Quote:

Originally Posted by luckofficial

that shirt!

If only he was eating corn on the way out.

10-07-2012 , 02:05 AM

#103

AllBlackDan

Carpal \'Tunnel

Join Date: Nov 2008 Posts: 6,328

His only chance to get that money is if Pokerstars buys the casino

10-07-2012 , 02:15 AM

#104

88keyz

adept

Join Date: Jul 2007 Posts: 1,030

why they gotta get the Triads involved

10-07-2012 , 02:20 AM

#105

Dixie60

centurion

Join Date: Jul 2012 Posts: 164

So several weeks ago Ivey walks into a London casino, slaps $1.6m onto the table and basically declares that he's all in? Mbn.

Does he still owe "brand FTP" money that he borrowed from player funds?

10-07-2012 , 02:23 AM

#106

aboogie

adept

Join Date: Jun 2008 Posts: 960

The man said put it in his bank account dammit!

10-07-2012 , 02:25 AM

#107

aboogie

adept

Join Date: Jun 2008 Posts: 960

Quote:

Originally Posted by Dixie60

So several weeks ago Ivey walks into a London casino, slaps $1.6m onto the table and basically declares that he's all in? Mbn.

Does he still owe "brand FTP" money that he borrowed from player funds?

Did he borrow from player funds?

Or did ftp decide to pay him with player funds?

10-07-2012 , 02:35 AM

#108

Manchinha

newbie

Join Date: Oct 2010 Posts: 21

Sorry mr. Ivey

We should have kept an amount of money equivalent to the value of the chips in play in separate accounts, but we didn't. Instead, we distributed that money to the casino shareholders.

Att.
it's problem

10-07-2012 , 02:46 AM

#109

eh777

banned

Join Date: Sep 2009 Posts: 1,746

Quote:

Originally Posted by Manchinha

Ivey was nothing to do with the decisions to take dividends from FT, he wasnt even on the board.

10-07-2012 , 02:46 AM

#110

aboogie

adept

Join Date: Jun 2008 Posts: 960

Quote:

Originally Posted by Manchinha

lol I guess the two stories are related, if you change up one story to fit another.

10-07-2012 , 02:46 AM

#111

Dixie60

centurion

Join Date: Jul 2012 Posts: 164

Quote:

Originally Posted by aboogie

Did he borrow from player funds?

Or did ftp decide to pay him with player funds?

Not sure either was/is proven as yet.

But was player money borrowed, then not paid back?

If not, then he has ZERO excuses to not pay it back after this story.

Is so, then pay the man obv.

10-07-2012 , 03:00 AM

#112

aboogie

adept

Join Date: Jun 2008 Posts: 960

Quote:

Originally Posted by Dixie60

Not sure either was/is proven as yet.

But was player money borrowed, then not paid back?

If not, then he has ZERO excuses to not pay it back after this story.

Is so, then pay the man obv.

Money was borrowed, a guy borrowed money from his employer.

Is what ivey owes enough to pay us back?

How much does ivey owe in comparison to.player funds?

I doubt hes whats holding us back, so why care about what he owes to pokerstars/ftp and how they will use the money he gives back, they might give it to the board if they havent already cause he might have given it back.

10-07-2012 , 03:05 AM

#113

theskillzdatklls

Pooh-Bah

Join Date: May 2008 Posts: 4,916

gl ivey

10-07-2012 , 03:19 AM

#114

Dixie60

centurion

Join Date: Jul 2012 Posts: 164

Quote:

Originally Posted by aboogie

Principle involved here. But it's that type of care free attitude with other peoples money why things went tits up in the first place.

10-07-2012 , 03:19 AM

#115

1outter

veteran

Join Date: Nov 2008 Posts: 3,073

Quote:

Originally Posted by eh777

Ivey was nothing to do with the decisions to take dividends from FT, he wasnt even on the board.

Agreed, but I chuckled at the comment I saw on Reddit:

Quote:

I hope he hears and gets nothing but stone cold dead silence for a year, then the owner of the casino can grant an interview because "he feels the time is right for Ivey to get an explanation", at which time the owner claims "I don't know" to everything. Then the casino tries to find somebody else to pay him his money, and pats themselves on the back about how hard they are working on it. In the meantime, all the casino owners rent Lear Jets to fly around the world and have lavish parties, all on Phil's money.

10-07-2012 , 03:29 AM

#116

aboogie

adept

Join Date: Jun 2008 Posts: 960

Quote:

Originally Posted by Dixie60

Principle involved here. But it's that type of care free attitude with other peoples money why things went tits up in the first place.

But you cant blame ivey until you can prove he did wrong.

Not to say that you blame him but I dont think he ever said he wasnt gonna pay the money back.

Until its proven that ivey knowingly took player money and has refused to pay it back then I cant be mad at him even if I want to!

10-07-2012 , 03:40 AM

#117

2bad4u

grinder

Join Date: Mar 2012 Posts: 676

Quote:

Originally Posted by tomdemaine

Man poor Ivey it must suck to have money stuck in an account you can't access. I hope something like that never happens to anyone here...

Ohh...SNAP!

10-07-2012 , 03:51 AM

#118

shaunc7

stranger

Join Date: Feb 2010 Posts: 14

Quote:

Originally Posted by pissychips

I have always suspected Ivey was up to something.

not agreeing with this, but it makes me wonder.

edit: the first pic is gangster imo

10-07-2012 , 03:52 AM

#119

bazaro

adept

Join Date: Sep 2012 Posts: 743

I like how a lot of people are assuming FTP money that Ivey received is a large part of his bankroll and allowed him to play those ultra high stakes games and more importantly have a care-free/idgaf about money attitude about it that upsets people on this forum. While its probably true for some of the other ftp pros and visible on poker after dark and such, its definitely not true for Ivey/Antonius given how much we know they have won.

From the famous anecdotes, to his demeanor, and records, we can assume Ivey has a ridiculous bankroll. Ivey beat some of the best online players (Gandolf, hoss_tbf type ppl in addition to the regs) for 20M+, and he was known to be gambing very high before FTP became big.

Should Ivey deserve the flak for not giving a **** about FTP on the business side, missing all the board meetings etc? yes. But I highly doubt Ivey was thinking when playing these games post-BF, oh **** FTP they gave me so much its just a freeroll or smth along those lines

10-07-2012 , 03:59 AM

#120

sixfour

should be called sevenfour

Join Date: Dec 2005 Posts: 74,718

Daily Mail article so certainly false, also pathetic that thread descended into FTP derail within a dozen posts

10-07-2012 , 03:59 AM

#121

shaunc7

stranger

Join Date: Feb 2010 Posts: 14

Quote:

Originally Posted by bazaro

I agree to an extent.
Even if he has 20m (w/out
FT $), he's still a complete degenerate playing 150k a hand vs the house..? no way he can be an overall winner..?

10-07-2012 , 04:02 AM

#122

bazaro

adept

Join Date: Sep 2012 Posts: 743

That's why phil ivey is the stone cold nuts, he truly does not care about money

10-07-2012 , 04:26 AM

#123

Adebisi_34

grinder

Join Date: Aug 2011 Posts: 587

Quote:

Originally Posted by timex

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.’

So

****ing

Gangster

amazing

10-07-2012 , 04:56 AM

#124

Van Leks

grinder

Join Date: Oct 2012 Posts: 491

I lol at all the people calling Ivey a degen.

17m tourney winnings,

20m online cash game winnings

always ahead in the pits

not counting his live cash winnings

How do you call this man a degen when he completely crushes all forms of gambling ?