Phil Ivey assets estimated to be worth $100M - Page 2 - Poker News

Ivey clearly stated he didn't have enough to rebuy to Elton Tsang during the million dollar Triton cash game. then he got backed by some random company for this years WSOP, not exactly the actions of a 100 million dollar man.

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10-23-2018 , 01:50 AM

#27

Sir Huntington

banned

Join Date: May 2009 Posts: 2,354

Quote:

Originally Posted by robert_utk

This is the Borgata in Atlantic City.

So just burn down New Jersey.... Nothing lost.

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10-23-2018 , 02:25 AM

#28

H0RUS

Carpal \'Tunnel

Join Date: Apr 2015 Posts: 6,192

The amount of grown men in this thread calculating whats in ivey's pockets is rather troubling.

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10-23-2018 , 02:34 AM

#29

Bobo Fett

Carpe Diem

Join Date: May 2006 Posts: 56,895

Quote:

Originally Posted by civ77

Let me preface this by saying that we’re all obv being NVG-tards and speculating on things about which we know nothing.

Agreed.

Quote:

Originally Posted by civ77

That said, I don’t think Ivey would have risked his reputation, financial health and maybe even freedom to cheat at baccarrat if he actually had 100m to his name.

This doesn't make a lot of sense to me. I don't think any result with the baccarat situation would have a major impact on his reputation, and as for his freedom, I'd put his chances of going to jail over it at pretty much zero. But the financial health part is what really confuses me. If he has $100 million, there's no way it was a risk to his financial health - that would only be possible if he had substantially less.

Quote:

Originally Posted by H0RUS

The amount of grown men in this thread calculating whats in ivey's pockets is rather troubling.

The amount of adults (or pseudo-adults) in any NVG thread calculating anything about anybody might be viewed as rather troubling. Are you new here?

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10-23-2018 , 02:44 AM

#30

NerdSuperfly

veteran

Join Date: Nov 2010 Posts: 2,172

maybe i mix things up, but this 100m number is thrown around from time to time and is basically based on some celebrity "xxx networth" bs site. if i'm not wrong, Ivey's lawyers even once claimed this in the case (earlier stage)

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10-23-2018 , 03:38 AM

#31

Elite Rounder

old hand

Join Date: Aug 2008 Posts: 1,291

Quote:

Originally Posted by Me2theEV

I find it hard to believe anybody has won as much as him and didn't at some point buy a million dollars worth of house(s)

I think he had an expensive divorce, no?

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10-23-2018 , 03:58 AM

#32

H0RUS

Carpal \'Tunnel

Join Date: Apr 2015 Posts: 6,192

Quote:

Originally Posted by Bobo Fett

The amount of adults (or pseudo-adults) in any NVG thread calculating anything about anybody might be viewed as rather troubling. Are you new here?

I should've known better

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10-23-2018 , 03:59 AM

#33

swissodds

adept

Join Date: Apr 2016 Posts: 1,103

Quote:

Originally Posted by PeteBlow

One hand? More like one finger

which might be sticked in Charlies butthole...

Last edited by swissodds; 10-23-2018 at 04:17 AM.

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10-23-2018 , 04:38 AM

#34

deadpeddler4

banned

Join Date: Mar 2018 Posts: 116

didn't Ivey get into BTC early? 100Mill might be severe underestimate.

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10-23-2018 , 05:35 AM

#35

RecreationalPlayer

journeyman

Join Date: Jan 2014 Posts: 389

Quote:

Originally Posted by davmcg

from the article

Do you think they have wrongly valued these?

Why do you think they won't get these assets?

How did they value the businesses? Often this is just a guess. Business might not even be profitable... here in the UK you can't take away someones ability to earn in order to pay off a debt. For example, you couldn't seize his laptop, since he needs that earn money, or you can't seize a plumbers van, as he needs that to work. If the business makes a modest profit, you couldn't take that either. Does a similar law in the US exist?

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10-23-2018 , 07:27 AM

#36

AA_Anonymous

centurion

Join Date: Jul 2008 Posts: 114

Here’s a little nugget of wisdom for everyone blown away by 100M

100M = $100,000USD

Believable number. Maybe a tad high..

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10-23-2018 , 10:02 AM

#37

smoothcriminal99

old hand

Join Date: Jul 2011 Posts: 1,537

Quote:

Originally Posted by robert_utk

Gotta pay that judgement, somehow. Is there a possible jail sentence for non-pay? Or, is it just gamble in Asia for the rest of his life?

Only jail if he performs fraud or some type of deception to sheild assets... otherwise it’d be like bringing back debtor prisons.

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10-23-2018 , 10:04 AM

#38

smoothcriminal99

old hand

Join Date: Jul 2011 Posts: 1,537

Quote:

Originally Posted by RecreationalPlayer

You have to declare some type of bankruptcy to get most of those protections in the us otherwise the only one that exists usually is ones residency is always protected from any obligations in most states.

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10-23-2018 , 10:31 AM

#39

Wildspoke

grinder

Join Date: Apr 2011 Posts: 525

Net worth is clearly between 3 and 50.

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10-23-2018 , 10:53 AM

#40

swissodds

adept

Join Date: Apr 2016 Posts: 1,103

Abt 3 fiddy must be an accurate estimation

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10-23-2018 , 04:40 PM

#41

wahcheck

journeyman

Join Date: Aug 2011 Posts: 249

Ivey is a great poker player who made millions at it, but I suspect he has a major degenerate leak at table games like craps..

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10-23-2018 , 08:09 PM

#42

Alobar

Born Ready

Join Date: Nov 2003 Posts: 42,368

Quote:

Originally Posted by fishfood69er

its actually bull**** that he would have to pay crockfords they obliged him with the game and the way it was played , they got hustled while trying to hustle someone , **** them.

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10-25-2018 , 10:33 AM

#43

davmcg

veteran

Join Date: Jan 2003 Posts: 2,535

Quote:

Originally Posted by Alobar

rofl

as has already been pointed out to this poster, this activity has nothing to do with the Crockfords case. Which in any case was Ivey suing Crockfords so was never about Ivey "having to pay crockfords".

So all in all a max fail.

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10-25-2018 , 11:22 AM

#44

WotRTheChances

stranger

Join Date: Oct 2015 Posts: 11

Pretty hilarious business when you don’t know if a guy is worth <1M or >100M. You’d like to think he’s not been dumb enough with his money that he’s got <1. So many private cash games throughout the years that will have gone undocumented, but been huge that will have a large impact

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10-25-2018 , 11:45 AM

#45

daaaaaaang16

grinder

Join Date: Feb 2010 Posts: 666

Quote:

Originally Posted by deadpeddler4

didn't Ivey get into BTC early? 100Mill might be severe underestimate.

this

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10-25-2018 , 11:47 AM

#46

civ77

grinder

Join Date: May 2014 Posts: 456

Quote:

Originally Posted by Bobo Fett

Agreed.

This doesn't make a lot of sense to me. I don't think any result with the baccarat situation would have a major impact on his reputation, and as for his freedom, I'd put his chances of going to jail over it at pretty much zero. But the financial health part is what really confuses me. If he has $100 million, there's no way it was a risk to his financial health - that would only be possible if he had substantially less.

The amount of adults (or pseudo-adults) in any NVG thread calculating anything about anybody might be viewed as rather troubling. Are you new here?

What I’m trying to say is, to me, this baccarat scheme seems like the actions of a desperate man, not that of a man who’s sitting on 100 mill. Again, just my opinion.

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10-25-2018 , 12:37 PM

#47

Alobar

Born Ready

Join Date: Nov 2003 Posts: 42,368

Quote:

Originally Posted by civ77

What I’m trying to say is, to me, this baccarat scheme seems like the actions of a desperate man, not that of a man who’s sitting on 100 mill. Again, just my opinion.

yeah, because people who make their living exploiting others mistakes for money will just stop doing that because they have money

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10-25-2018 , 12:56 PM

#48

BDHarrison

Pooh-Bah

Join Date: Nov 2016 Posts: 4,529

For what value of x do you agree that Ivey should be forced to sell off assets to pay a $10 million judgment if he has $x in non-liquid assets?

Assume that he owes money due to a wrongful death suit or some other case where you don't dispute that he should have to pay.