Phil Ivey finally settled his lawsuit with Borgata earlier this month.
The undisclosed agreement between the two parties comes after a six-year legal battle regarding the controversial "edge sorting" technique they used in baccarat.
According to court documents filed on Thursday, July 2 in the United States Court of Appeals for the Third Circuit, the two parties reached an agreement on the $10.1[...] Read more » Phil Ivey Settles $10.1M Lawsuit with Borgata
Joined: Dec '14
Location: Greece
Age: 40 (M)
Posts: 2122
People alays try to find ways to play with the rules , with the system , too cheat or steal . It's the businesses' or governments' obligation to be one step forward from these guys , know their tricks , their cheating methods , their plans and secure their properties or businesses . You cannot expect the players or the simple people to restain themselves , only clear rules , penalties , punishments will make them not do their plans . Especially on games on casinos , the slots , the blackjack , other card games , always there were some people trying to cheat , steal from others or play with the rules . Ofcourse if they caught them , tarring and feathering , lol
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13310
I have seen this things and most laws are broken, because they are wrong. The others are not respected because there are many criminals who steal, rape, kill, sell drugs, fraud, etc... What Phil Ivey did there was probably a premiere and was considered cheating.
Joined: Dec '14
Location: Greece
Age: 40 (M)
Posts: 2122
Many are the pros , who tried in the past to cheat or play with the rules and the weaknesses of these rules , maybe use programms or bots in online poker rooms , or try to steal casinos live , from poker games or their slots or blackjack games . So , what is the pont , that the best way to not break even , to beat the house edge or the downswings and the rest bad actors in poker or casino games , is to cheat ?? or Play duviously with the rules ??? Some pros and generally some players or people want to win by all means necessary !!!
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13310
Many players want to win by cheating because their desire to make money is too big for realize that they are committing illegality. Justin Bonomo is one of them. He was caught in the past using multiple accounts on a poker room but in total it was banned on several sites and over $ 100,000 confiscated. He is now ranked 2nd on the All Time Money List.
Joined: Dec '14
Location: Greece
Age: 40 (M)
Posts: 2122
Yes , Justin Bonomo , The great Bonomo was one of them , took some hits from online and live poker community about these incidents in his past . And Bonomo is one of the greatest , second in the all time money list , the greatest GTO poker player imo , with incredible gamepley , results , especially during one only year !! Why did he decide to step back from poker , when he was winning so much , when he was far ahead from anyont else in the poker strategy , decisions , results , study of the game , in solve solutions , in everything it's a mystery to me. Don't know if he came back since then , but still it's a mystery to me....
Alot of pros cheated or attempted to cheat or to play with the rules of some games , which might not be cheat by law , but it still is not good according to ethic and moral . This is not good example for the new players who want to seek winnings online or live , that stealing is a way to win money from poker games , live or online , with tricks ,programms , other ways .
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13310
Many players have made money through illegal programs and that is for sure. Some were professionals, others knew certain strategies but in the end happiest were those who were left with good profit. They have advantage because have not been caught.
Joined: Dec '14
Location: Greece
Age: 40 (M)
Posts: 2122
If I am not mistaken , the casino from the beginning waes demanding its money back from these sessions , nothing more , not more money , not any jail time , as a penalty or just to feel satisfied and justified . I think the same happened with the other casino where Ivey did the same thing . This is an interesting side of the news . If only one day this agreement details come to the light . I just imagine Ivey paying only 7/10 or 8/10 of the money , keeping a million for him , he would never back off sth if he didn't earn sth in the end , especially for so much money on stake , plus his overall reputation as a tough player- that''s important for his friendships and the fellow whales he plays against at Macau ....
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13310
I don't know what the laws are in case of cheating at casino games. Possibility of Phil Ivey going to jail may have been small because he is a legendary player, even though he is young and borgata casino has not filed a criminal complaint against him. If cheated, would go probably in jail.
