According to recent reports by several well-known newspapers, the American poker pro Phil Ivey, 35, was at Crockfords's casino in London at the end of August and gambled for huge amounts. Ivey and a female friend (described as a beautiful oriental women) played the card game Punto Banco (a variant of baccarat) for about 7 hour over 2 days. Ivey had a really bad start and lost heavily, but then he managed to eliminate the losses and walked away with a nice profit after the first day.
Read more » Won $11.5 Million In August - Still Hasn't Received His Money!
Phil Ivey, 39, was denied his winnings of almost £8 million in August 2012 after playing a card game called punto banco at a casino in London. The owners of the Mayfair gaming club Crockfords declared that Mr. Ivey had been cheating and had broken the rules, thereby his win is not considered valid. Denying this, Mr. Ivey claimed that he utilized a completely legitimate technique called "edge sorting".
Crockfords' lawyers successfully convinced the high court in London that Ivey's edge-sorting technique, which the 10-time WSOP bracelet winner used to win £7.7 million playing Baccarat last year, wasn't legitimate. Judge John Mitting said that Ivey's technique used was considered as cheating under civil law.
