Incredible! Phil Ivey has just won his third $250,000 Challenge at the Aussie Millions! In 2012, he bested a field of 16 entries for AU$2 million, two years later he outlasted 46 entries to claim a AU$4 million first-place prize, and this time he defeated a field of 25 entries over two days of play to lay hands on AU$2.2 million!
Ivey had approximately a one-million chip advantage when he took on Mike McDonald in heads-up. In the final hand, McDonald raised to 100k and then snap-called for another 1.3 million when Phil Ivey moved all in.
Ivey flipped over KQ, but McDonald tabled AQ and had a great chance to double up. The poker gods can be cruel, given that the flop came out 1010K and gave Ivey two pairs - kings over 10s. McDonald now needed a jack, an ace, or a lucky runner-runner combination. However, the turn was the 8 and the river was the 9 and no help for McDonald, who received AU$1,592,000 for his second place finish.
Phil Ivey received AU$2,205,000 in prize money and now sits in third place on the all-time money list.
1 Phil Ivey United States $2,205,000
2 Mike McDonald Canada $1,592,500
3 Doug Polk United States $1,041,500
4 Scott Seiver United States $735,000
5 Erik Seidel United States $551,000