Poker news tagged with 'punto banco'

He's a force to reckon with when it comes to playing poker and other types of card games, but it looks like American poker pro Phil Ivey's good fortune did not work at Britain's Supreme Court - he lost a huge case this Wednesday (October 25) that rendered him unable from cashing in.

Read more » Phil Ivey Loses British Court Battle Over £7.7 Million Winnings From London Casino

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".

Read more » Phil Ivey Might Still Get His £8 Million - Granted Court Appeal Against Crockfords

In August 2012, Phil Ivey won a massive £7.7 million playing Punto Banco at Crockford's. The 10-time World Series of Poker bracelet winner asked to have his winnings wired, but the London-based casino only transferred his initial £1m stake as they suspected him of cheating by using an edge-sorting technique (exploited errors in a deck of playing cards in order to gain an advantage against the house). Ivey admitted that he had used the strategy and said that it wasn't cheating. 

Read more » Phil Ivey In High Court: "I consider all the strategies I use to be lawful and I would never cheat in a casino"

Last week, Phil Ivey, 36, filed a lawsuit against Mayfair club Crockfords at the High Court in London for refusing to give him the £7.8 million he won there in August last year playing Punto Banco, a game based purley on luck.

On Sunday, Daily Mail reported that Crockfords Casino, the oldest casino in Britain, refuses to pay Mr. Ivey because they believe he and his companion (a Chinese women who is banned from at least two casinos around the world due to alleged cheating) could 'read' the back of the cards and get a huge edge against the house.

Read more » Crockfords Casino Accuses Phil Ivey of 'Reading' The Back of Cards

American poker pro and high roller Phil Ivey still hasn't received the money he won at Crockfords casino (London) in August last year. Ivey, who has 9 WSOP bracelets to his name, won £7.8 million playing Punto Banco at the casino in question and the casino management assured him that the winnings would be transferred to his bank account before August 28th.

Read more » Phil Ivey Sues British Casino