Phil Ivey Loses £7.7 Million in UK Supreme Court Ruling
“It makes no sense”
The UK Supreme Court proceedings in London on whether or not Phil Ivey would receive his £7.7 million in winnings from Crockfords Casino has come to a close with the court upholding the 2016 Court of Appeal’s decision (which upheld the original court decision) that Crockfords does not have to pay Ivey.
In the lead up to this ruling, the poker pro had lost his appeal against Genting Casinos UK (who owns Crockfords Club in Mayfair) back in November 2016.
Ivey was appealing the 2014 ruling that he was cheating while playing Punto Banco (a form of Baccarat) with his playing partner Cheung Yin Sun at the Crockfords Casino in August 2012 where the couple employed a techniques known as edge sorting — a way of exploiting printing inconsistencies of the cards.
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The five Supreme Court justices unanimously upheld the 2014 ruling, with Lord Hughes quoted by the BBC as saying “it was essential that Punto Banco remained a game of pure chance with neither the casino nor the player being able to beat the randomness of the cards that were dealt.”
Ivey is quoted as saying, via his lawyers:
“It makes no sense that the UK Supreme Court has ruled against me, in my view, contrary to the facts and any possible logic involved in our industry.
“At the time I played at Crockfords, I believed that edge-sorting was a legitimate Advantage Play technique and I believe that more passionately than ever today. As Mr Justice Mitting found, this is not just my personal view but one that “commands considerable support from others” and I am grateful to the Supreme Court for confirming Mr Justice Mitting’s finding that I was a truthful witness in this respect and that this was my honest belief. As a professional gambler, my integrity is everything to me. It is because of my sense of honour and respect for the manner in which gambling is undertaken by professional gamblers such as myself that I have pursued this claim for my unpaid winnings all the way to the Supreme Court.
“It is very frustrating that the UK judges have no experience or understanding of casinos and Advantage Play, or the ongoing battle between casinos and professional gamblers attempting to level the playing field. If they had, I am very confident the result in this case would have been in my favour.”
Watch: One of the Best Laydowns at PSPC, and Possibly of All Time
Thi Xoa Nguyen makes an incredible fold with a full house at the $25K buy-in PSPC event.
It was during day 2 of the history-in-making $25,000 buy-in PokerStars Players No Limit Hold’em Championship when a Vietnamese lady by the name of Thi Xua Nguyen stunned everybody by making this incredible laydown versus Athanasios Polychronopoulos, a Greek-American professional poker player with two WSOP bracelets.
220 players remained on the field when Nguyen raised from the button with Ad Qc only to get 3-bet to 37,000 by Polychronopoulos from the big blind who held a pair of Aces.
Nguyen made the call and the flop landed Ks 9s Qd. Both the players checked. The Qh on Turn improved Nguyen’s hand to trips. She bets 17,000 after Polychronopoulos checked for a second time. He made the call and the Ace of Spade gave both the players a full house.
Polychronopoulos once again checked on the river with his Aces full. Nguyen bets 50,000 leaving her 153,000 chips behind but finds herself in a check-raise-all-in situation.
This is where things go crazy!!!
After tanking for a while, Nguyen lays down Ad Qc face up—a freaking Full house!!!. Out of respect for her incredible fold, Polychronopoulos flips out Aces and was himself stunned.
Did she misread her hand? No!!! She knew what she was doing. Nguyen put him on Aces or Kings and she was bang on right!!!
The hand was caught during the live stream and obviously, the viewers glued to the stream went berserk including the commentators James Hartigan, Joe Stapleton, and Lex Veldhuis.
Nguyen eventually finished 153rd for $25,450 and Polychronopoulos also made cash but busted against Platinum Pass winner, Jussi Nevanlinna.
What is more crazier is that on day 1 Nguyen won an EPT Monte Carlo package during a random draw table giveaway.
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