Phil Ivey, the Tiger Woods of Poker, lost a court battle worth £7.7m in October 2014. He then went on to appeal that ruling, but today the High Court rejected his appeal.
Phil Ivey is regarded by many as the worlds best poker player. He has won a World Poker Tour title, and reached the final table a massive nine times. The court battle stems from a game of punto banco. played at a London Casino, Crockfords (part of the Genting Group) in August 2012.
Phil Ivey won a total of £7.7m over a course of 2 days. Following the game he was told that his winnings would be paid to his bank account. But his winnings were never sent. He only received the money he started with, which was £1m.
Crockfords Casino refused to pay Phil Ivey because they claim he cheated using a technique called “edge-sorting”. This is where players observe edges on certain cards, which are made by the way a card is held. With knowledge of these imperfections a player is thought to be at a significant advantage.
Whilst Phil Ivey does not deny using this technique, he also feels that he is not in the wrong. He feels that it is the responsibility of the Casino to implement appropriate security measures to prevent the use of the technique. Many would agree with this as, with “edge-sorting”, he simply seems to be taking advantage of his knowledge and abilities, as opposed to cheating. However, the judge in 2014 did not agree – stating that this was against the way the game should be played, and hence no “gaming contract” existed.
Phil Ivey is well known on the online poker community. He was a part of the design team for Full Tilt Poker. He was also involved in a court battle with them in 2011, stating that they had breached his contract. The case suit was for a huge $150m, but Phil Ivey voluntarily withdrew the case shortly after entering. Although not $150m, Phil Ivey, according to High Stakes DB. is thought to have won over $15m from Full Tilt Poker between 2007 and 2010.