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.
"As I said in court, it's not in my nature to cheat -- and I would never do anythin[...] Read more » Phil Ivey Loses £7.7 Edge-Sorting Case in High Court
Joined: Mar '11
Location: United Kingdom
Age: 56 (M)
Posts: 7371
I am quite surprised at this verdict because i thought he was just exploiting an edge he had found. An enormous amount of money to lose even for Phil Ivey and i bet he was not the happiest man last night
Joined: May '08
Location: Lithuania
Age: 40 (M)
Posts: 10090
well, the old cliché saying "you cannot beat the house" is still true.
poor ivey, now all that is left for this mega talented poker player is to take a no deposit bonus from bankrollmob and start rebiulding his wealth at the micro stakes and freerolls. bet next moth ivey is gonna top the brm leaderboard
Joined: Mar '12
Location: United Kingdom
Age: 46 (F)
Posts: 2261
So the casino will not pay out even though the player used a casinos own rules,own dealer and own cards to win some money? The next time a casino loses a large sum of money in baccarat can the casino now refuse to pay unless you prove you were not edge sorting? If you read the full facts of the case there are a few things that do not add up such as the lady he was with had a reputation for doing this at casinos and she may even had been banned at some casinos and even though Ivey had this case against him casinos are still allowing him to play private games. In the most recent lawsuit it has been claimed by the casino that Ivey insisted on his own "superstitious"terms such as what colour and brand the deck of cards would be and how the dealer places the cards.
Joined: May '12
Location: United Kingdom
Age: 39 (M)
Posts: 2064
....Surely with these "superstitions" they were fully aware what was going on.
I'd bet my bottom dollar that they allowed him to have it his way, and to continue gambling, knowing full well that if he won they would refuse to pay out... and if he lost... they win anyway.
Joined: Jan '13
Location: Philippines
Age: 58 (F)
Posts: 857
now we now that casino are truly scams and not to be played at least players decreasing knowing that theres no profit instead bankrupsy against part of the player hope that more people read this and avoid playin casinos anymore .