Phil Ivey’s prop bets revealed: Millions on the line!

• Author: admin
• Filed under: Gossip, High Stakes News, Phil Ivey, Poker
• Date: Aug 3,2009

One of the biggest favorites in the World Series of Poker Main Event is Phil Ivey. He is undoubtedly the most skilled and well-known of the nine finalists and despite of his characteristic quiet personality the whole poker media have focused to this seven-time WSOP bracelet winner druring the past month.

The $8.5 million first prize is a life changing amount to each of the Main Event finalist, even to Ivey as it would nearly double up his tournament career winnings.

Yet it has now come to public that Ivey has prop bets going on for over $3 millions extra cash.

-Ivey making more millions

Recently Tom Dwan revealed that he’s one of the people who have laid a bet with Ivey. Dwan has to pay million dollars to Ivey if Ivey should win. Sounds big, but these two play for these kind of pots frequently on the high-stakes tables.

Next is Phil Gordon who took the bet which didn’t make his spouse happy at all. Gordon, who is a WPT winner and poker author, told that they are “quaking in their boots” on a recent Full Tilt Podcast.

Gordon also revealed that Andy Bloch has gotten into trouble as well. It seems that Bloch can lose a massive $2 million dollars. Gordon said that “Andy is quaking about 20 times more than I am”, which reveals quite a lot about the total sum of the bets.

After Gordon’s comments Bloch was forced to confirm the story. It seems that the prop bets were made when there were 2.400 players remaining in the Main Event. Getting the odds of 99-1, Andy bet $20.000 which’ll mean that he has to pay Ivey $2 million if Phil will Win.

We still don’t know all of the prop bets and we probably will never know the total sum, but it’s hard to think that players such as Patrik Antonius, Ilari Sahamies, or the well-known high-stakes gambler Sammy Farha wouldn’t have made some prop bets of their own.

Ivey is renowned to place high stakes prop bets at tournaments which apparently is a motivational thing for him because he has to leave the juicy high-stakes games for a while. If Ivey should win the Main Event he would most likely be confirmed as the richest professional poker player in history. He might gain such a big popularity through endorsement deals and tv appearances that he might be the first professional player to be known as a professional athlete.

Source: Flopturnriver