Phil Ivey Loses Out On Ruling

Phil Ivey is a Poker Hall of Fame legend who has recently lost a ruling that has been issued by the Supreme Court, which is over an issue about baccarat sessions which are said to be tainted. He has been a bracelet winner ten times, but in the current legal dispute he has lost out about ten million in the winnings in total. The issue is about a ten million win, he had in London way back in 2012 which had occurred at Crockfords casino. Ivey is said to have used a technique known as edge sorting which is upheld as controversial. As a result, he gained an undue edge over the house in a baccarat session called Punto Banco. The casino sued the player two years after the incident. There had been a couple of court rulings prior to this whereby the player lost out. The high court had to decide whether Ivey duped the casino and was dishonest and that was something that the court ruled in favor of.

 

Ivey issued a statement, whereby he stated that he was hopeful that the UK Supreme Court would view the facts and was disappointed that the court had found him guilty. He states that the time when he played at Crockfords edge sorting was considered a legitimate technique. He states that this is not his personal views, but that it is one of the advance techniques that were used by most players. Ivey still maintains that the edge sorting technique he used was a legitimate way of beating the house. He blames incomprehension on the part of the UK judges as a result of which the result of the hearing was decided against him. Ivey states that he had used similar techniques in New Jersey as well.