Bill Ivey Poker
Borgata was recently given a green light by a US District Court in New Jersey to go after Phil Ivey’s assets in Nevada which the casino estimates to be $100 million.
Dan Bilzerian – $200 Million. Bilzerian is a huge Instagram star and claims that. Cash Games: + $1,479.29 I got stacked like 4x today. I won one big pot with set over set and thats the only reason im up. I think I played at best a 7/10 today. In 2018, Ivey finished in third place in a Triton Poker Super high Roller Series Montenegro event, collecting over $1.66 million USD in the process. It is pure speculation that Phil Ivey is avoiding the events in the United States, though given the fact that the Borgata seems intent on collecting their judgment, this would make sense. In the summer of 2010, Dr. Bill Chen—math PhD, personal friend, and all-around genius (although he seems to lose his cash or his phone roughly every other day)—faced the great Phil Ivey heads-up.
The case date backs to 2012 when Ivey and his female companion Cheung Yin “Kelly” Sun won close to $10 million playing baccarat at the Borgata casino using a controversial technique called “*edge-sorting*”.
Since then, Borgata has been fighting legally but so far the casino has failed to collect the $10.1 million.
Before seeking Ivey’s assets in Nevada, the Atlantic City casino had tried to seek his assets in New Jersey where he has lived over the years. However, all the efforts were in vain as the casino couldn’t find assets worth seizing in the Garden State. This led Borgata to go after his assets based in Nevada.
Sign Up Today »- Largest player base in the world.
- Home of Spin & Go, Power Up and lots of other unique game variants including 6+ Hold’em.
- Biggest weekly tournament schedule around.
In October 2018, Borgata upped the ante as its lawyers filed a motion claiming that they had located “substantial” assets of Ivey in Nevada.
As per the motion filed by Borgata attorney Jeremy M. Klausner, “Defendant Ivey has substantial assets in Nevada. That is where he lives and that is where his businesses are based. In contrast, he has no identifiable assets in New Jersey. Given the foregoing, Borgata satisfies the ‘mere showing that the defendant has substantial property in the other district and insufficient [property] in the rendering district.’ As a result, good cause is shown and Borgata should be permitted to register this Court’s December 15, 2016 [ruling] in the District of Nevada.”
According to the court filings, Borgata said that it had located five of Ivey’s properties and businesses in Nevada including Phil Ivey Enterprises, LLC; I.V. Ventures, LLC; and Ivey Poker, LLC. The casino estimates Ivey’s holdings at approximately $100 million.
“Although the extent of Defendant Ivey’s business holdings is unclear, it is believed that Ivey Poker, LLC is the entity behind Ivey League, Ivey’s poker oriented website,” Borgata’s legal team wrote.
“Ivey’s holdings have been estimated at $100 million, and the above shows these holdings, at least those that are ascertainable, are based in Nevada. Ivey has also disclosed a luxury home in Cabo San Lucas, MX on his social media account. It is possible that one of Ivey’s Nevada entities is the ultimate owner of this home.”
On January 29, the December 2016 judgment was approved by US District Judge Noel L. Hillman, just a day after it was submitted by Borgata’s counsel.
Bill Ivy Poker
Ivey was scheduled to appear for a deposition on January 30, though it is not known whether he attended.
Borgata is not the only casino to have fought legally over the edge-sorting case. During the same year when Ivey won $9.6 million at Borgata, the poker pro also won £7.7 million (approx. $11 million) playing Baccarat at Crockfords, London. However, the casino temporarily declined to pay his winnings following suspicions of him using the edge-sorting technique to improve odds. Ivey sued the court for non-payment of his winnings but eventually lost the case.
Bill Ivey Poker
For a comprehensive overview of the edge-sorting case, complete with timeline, head over to this article.
| Bill Edler | |
|---|---|
| Nickname(s) | The Stunning One |
| Residence | Las Vegas, Nevada, U.S. |
| Born | February 11, 1964 (age 57) Evanston, Illinois, U.S. |
| World Series of Poker | |
| Bracelet(s) | 1 |
| Money finish(es) | 7 |
| Highest ITM Main Event finish | 23rd, 2007 |
| World Poker Tour | |
| Title(s) | 1 |
| Final table(s) | 2 |
| Money finish(es) | 8 |
William Edler (born February 11, 1964) is an American professional poker player from Las Vegas, Nevada. He has a law degree from the University of California, Berkeley.
Edler won a World Series of Poker bracelet in 2007 by claiming the $5,000 buy-in shorthanded No-Limit hold'em tournament. The win earned Edler over $900,000.
In 2007, Edler cashed in the money for the first time in the $10,000 No Limit Hold'em Main Event Championship coming in 23rd place out of a field of 6,358 players, winning $333,490.
Edler has also had success in heads-up playing, winning the inaugural $10,000 buy-in Heads-Up Poker Championship in Compton, California in 2007.
In addition, Edler won the September 2007 World Poker Tour title at the Gulf Coast Poker Championship, winning $747,615.[1] At this event he set the record for the greatest come back in World Poker Tour history. With only 17 players left out of 256 entries with only 2 tables left,[2] Edler had only 2 x $1,000 chips left and was unable to meet the blinds of $4,000/$8,000. Edler went on to win the event, making this the biggest comeback in World Poker Tour tournament history.[3]
Edler also finished 6th at the March 2007 Bay 101 Shooting Star WPT tournament, winning $160,000, and has cashed in six other WPT events.
As of 2010, Edler's total live tournament winnings exceed $3,425,000.[4] His 6 cashes at the WSOP account for $1,306,489 of those winnings.[5]
References[edit]
- ^Bill Edler Wins Gulf Coast Poker Championships
- ^Gulf Coast tournament details
- ^2007 Gulf Coast Poker Championship live updates
- ^Hendon Mob Database: William Edler
- ^World Series of Poker EarningsArchived June 13, 2009, at the Wayback Machine, worldseriesofpoker.com