The Life Of Ivey

[jmbreslin 0]

What was the second casino they went to? Did I miss what they said?

Way off topic, but who is the chick in your signature? Hotttt...

[Poker Addict 0]

but do you guys think he has more money or less money than we would think?

I think he has exactly the amount of money I think he has because that's how much I think he has. And you guys are usually wrong with such things so I am sure the numbers are different.Ohhhh... I really have no idea how much he has. But it's more then me. WP Ivey!

[thebottomline 0]

Way off topic, but who is the chick in your signature? Hotttt...

Pretty sure it's Kate Beckinsale.

[looshle 6]

I'll take the over on 50 mill.

[Poker Addict 0]

no you are retarded....Full Tilt is the 2nd largest online poker site which means they make the 2nd most amount of money...maybe $3-8 million in rake per day and ivey has a piece of that...imagine a full tilt account that replenishes itself every day or every hour for that matter. and u think he is not worth 10 million liquid? are u serious?

No, you are retarded. Do you have any idea how corporations handle money and the other expenses involved in running a business? And yes, this is a business - with employees, operational costs, marketing costs, not just some strange place out on the interwebz that magically generates pure profit. A percentage of the rake does not just get funneled to Ivey. Take a business class.To call someone retarded because they are guessing what a person has LIQUID, is moronic.Go away.(oh and I agree with looshle and will take the over on $50mil.)

[Vtlaxer09 4]

HU4Rollz.

[HubDub04 0]

I'd like your list of the "many" of the top players that are broke due to craps and blackjack, and evidence that it is true please.Seems like a GROSS over statement that you made there.

TJ Cloutier, Phil Ivey, Stu Ungar, Doyle Brunson (he's not broke obv but has lost millions on table games, i've read that in a few different places), Mike Matusow (Craps and Sports Betting), Eskimo Clark, and many many more. This was just off of the top of my head. I'm sure there have been pros that have won lots of money @ MTT's and Nosebleed cash games who bleed hundreds of thousands (millions in some cases like the Ivey video) of dollars @ craps, blackjack, baccarat, and betting sports.But I know Ivey owns a part of Full Tilt as he invested his own money with Lederer, Ferguson,Lindgren, etc to start FTP in 2002-2003.I'd even go as far as to say that Phil Ivey has > 100 million in the bank. I would also be willing to venture a guess into Lederer's net worth being in the hundreds of millions also.imo

[Jariso13 1]

no you are retarded....Full Tilt is the 2nd largest online poker site which means they make the 2nd most amount of money...maybe $3-8 million in rake per day and ivey has a piece of that...imagine a full tilt account that replenishes itself every day or every hour for that matter. and u think he is not worth 10 million liquid? are u serious?

^---He apparently needs to look up the definition of liquid...Also...Lets hypothetically say the rake did magically funnel to Ivey's account...Is that better than a super user account??

[Marchione 0]

this is the same ivey who forgot he had 700k in a box at commerce !

[silkyjonson 1]

Countdown to countdown to busto post?

[Jam-Fly 8]

LOOOOOOOOOOL at saying ivey is worth "10 mil"LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOLseriously...????????if he could care less about losing 1 mil playing craps IN ONE SESSION! then he's worth at least several hundred million.

This is the one statement I def don't agree with.Ivey is sick enough that he could gamble a rather large % of his net worth. If he was losing 0.01% of what he was worth, what's the point? As already said, gambling is only fun if what you lose hurts you. Yeah, maybe you can say that anyone losing $1m hurts, regardless of your net worth, but I don't think this is the case with Ivey.

[thebottomline 0]

TJ Cloutier, Phil Ivey, Stu Ungar, Doyle Brunson (he's not broke obv but has lost millions on table games, i've read that in a few different places), Mike Matusow (Craps and Sports Betting), Eskimo Clark, and many many more. This was just off of the top of my head.

Any evidence that Doyle is a known bleeder at other casino games/betting? I've heard a lot about Cloutier, Ungar, Matusow (in the past at least) Ivey obviously plays a lot, don't necessarily know that he's lost a lot in the long run. Never heard anything about Doyle. Heard him mention betting on the Lakers (or someone like that) because his neighbour plays for them, but that's it.

[Marchione 0]

casino's just don't give 1 million $ markers out on a whim.here is an Ivey story for you ya ~i am cashing out from playing a 5-10 nl game at crown during the aussie millions and Phil and David B walk up to the cage and phil say's can i get 250 ~ cashier smile's and says "no worries" phil comments to David how he loves the "no worries" remark and cashier returns with 9 -25k plats and some chips, phil signs the paper - gives the chips to David B and they part ways wile i am still waiting to get my 3100$ in chips converted to cash.phil = Balla

[silkyjonson 1]

Any evidence that Doyle is a known bleeder at other casino games/betting? I've heard a lot about Cloutier, Ungar, Matusow (in the past at least) Ivey obviously plays a lot, don't necessarily know that he's lost a lot in the long run. Never heard anything about Doyle. Heard him mention betting on the Lakers (or someone like that) because his neighbour plays for them, but that's it.

I would think Doyle is a winning sports bettor over the long run, I know Chip Reese and Doyle had set up some programs to analyze lines etc back in the day. Have'nt really heard of him playing in the pits though.

[Jupiter 0]

this is the same ivey who forgot he had 700k in a box at commerce !

looooolwhen did this happen?

casino's just don't give 1 million $ markers out on a whim.here is an Ivey story for you ya ~i am cashing out from playing a 5-10 nl game at crown during the aussie millions and Phil and David B walk up to the cage and phil say's can i get 250 ~ cashier smile's and says "no worries" phil comments to David how he loves the "no worries" remark and cashier returns with 9 -25k plats and some chips, phil signs the paper - gives the chips to David B and they part ways wile i am still waiting to get my 3100$ in chips converted to cash.phil = Balla

nice story. man, I miss Melbourne.

[CrookedLink 0]

LOOOOOOOOOOL at saying ivey is worth "10 mil"LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOLseriously...????????if he could care less about losing 1 mil playing craps IN ONE SESSION! then he's worth at least several hundred million.

lol

[Jariso13 1]

Well apparently the only thing left for us to do is find his financial advisor (hopefully he has one) and hold the guy hostage till he tells us how much Ivey is worth.

[mase_gotsem 0]

>50 mill camp this day wasnt just a "special" day .. he said he does this almost everyday . so unless you can go on 10-20 mill swings in a month on a 10 mill bankroll (liquid) id say at least 50-100 or so .he probly makes over 15 mill at year end just off of ftp alone and thats not including heaters on the tables and whatnot.guys living it up and im jealous of him but not enuff to swing off his nuts like david williams lol

[Vtlaxer09 4]

people who are disagreeing wiht me when im saying he's wroth several hundred million are kind of silly...4k-8k game at the bellagio... its standard to have multi million dollar swings in a few sessions... Ivey's been beating games liek that for 20 years.... and you're saying his bankroll is <100 mil??????

[silkyjonson 1]

people who are disagreeing wiht me when im saying he's wroth several hundred million are kind of silly...4k-8k game at the bellagio... its standard to have multi million dollar swings in a few sessions... Ivey's been beating games liek that for 20 years.... and you're saying his bankroll is <100 mil??????

So Ivey was playing the 4-8k game when he was roughly 11?

[CrookedLink 0]

So Ivey was playing the 4-8k game when he was roughly 11?

[HubDub04 0]

people who are disagreeing wiht me when im saying he's wroth several hundred million are kind of silly...4k-8k game at the bellagio... its standard to have multi million dollar swings in a few sessions... Ivey's been beating games liek that for 20 years.... and you're saying his bankroll is <100 mil??????

LOLfalsestatementaments.

[Gaffer 0]

Ivey is a regular participant in the $4,000-$8,000 mixed cash game at the Bellagio hotel in Las Vegas (often referred to as the Big Game). In February 2006, he played heads-up Limit Texas Hold'em versus Texas billionaire Andy Beal. With stakes at $25,000/$50,000, Ivey won over $16,000,000 over the course of three days. Ivey was playing for "The Corporation", a group of poker professionals who pooled their money and took turns playing against Beal. Earlier in the month, Beal had beaten the Corporation out of $10,000,000. After losing to Ivey, Beal claimed (not for the first time) that he was giving up poker.from wikey, 16 mill in three days not all his but wow

[Gonefishin55 0]

I'll add a few comments and speculations on this one.His biggest asset is clearly his interest in FTP. His steady and biggest source of income is whatever salary and or dividends and or rakeback that he receives. I don't think anyone even has a clue how much this is. Also it is a foreign corporation and it is possible/probable that the majority of his equity and earnings over the years remains in the corporation which is taxed outside US tax law and is invested and growing outside the US. There are a probably a few key owners that together own 50% plus and really control this. Lederer, Jesus and Phil ? Who knows? I bet there is some sophisticated stuff going on in this area with some foreign type trust and asset protection..Cook Islands trustee anyone?As far as his craps and other gambling losses. When you see him going up to a cashier and getting 250K in chips I think part of this is just "generating" gambling losses to offset his poker winnings. Everytime he pays off a marker with a personal check to a casino it is a gambling loss and I'm sure he offsets these losses against his known poker winnings. Technically the IRS does not allow you to offset differenct types of gambling wagers but people still do it. In some cases he could be loaning the chips/money to others for future value or receivng something back at a later date. Selling some of his crap action might be part of this as well.He probably does a real good job of documenting his prop bet losses and other gambling losses but not so good a job when he wins.Another thing we have no idea of is how much he has invested in stocks, real estate and other legitimate business interests.My guess is that he is very careful about moving money around. He knows the rules and he only declares what hits his bank accounts in the US. He also must really hate it when people starts threads like this.

[Poker Addict 0]

LOL @ Phil Ivey really caring about this thread.LOL @ any of the post above this being about liquid assets.LOL that I am posting in here.LOL that I am ready to go for the day and prepare for my move.I NEED A DRINK!