When Phil Ivey took a stance against playing at the World Series of Poker in protest at Full Tilt Poker’s inability or refusal to pay back their players their invested funds, his decision sparked off a small controversy among the online poker community.
Phil Ivey is a reputed and respected poker player who has been a part of the recently closed down Full Tilt Poker for a long time. He has always been strong in his support of the site and his wins have brought the site credit and attracted player traffic.
However, Phil Ivey was not content to just sit out the World Series of Poker in protests against the behavior of Full Tilt Poker, he went ahead and filed a law suit against the company.
“I am deeply disappointed and embarrassed that Full Tilt players have not been paid money they are owed. I am equally embarrassed that as a result many players cannot compete in tournaments and have suffered economic harm,” Ivey reported.
While several US online poker players including the esteemed Daniel Negreanu see Phil Ivey’s decision as a noble stand as fighting for the rights of Full Tilt Poker’s group of online players, others like Mike Matusow do not.
Matusow who is nicknamed “the mouth’ for a reason ripped into Ivey when he heard of the news. “Everybody can see right through it, the real reason behind the lawsuit is pretty obvious… I don’t want to get into it at all, but it’s a pretty self-centered act from a self-centered person who made anywhere between $50 million and $100 million over the past five years into his own pockets, so you know, good luck to him. He’s trying to take people down with him,” said Matusow.
Some people in the online poker community see Ivey’s suit against the Full Tilt Poker as a sort of desertion and biting the hand that feeds you. However, there is nothing wrong with demanding your money back, especially if you have spent your skill and time making it. As of now, it is estimated that the Full Tilt Poker site owes its members over a 150 million dollars worth of funds. Since Full Tilt Poker has not specified a date as to when players can expect payouts or refunds or if at all they will get any, it makes sense that Ivey demand his money and get paid while the site still can afford it.