Phil Ivey, the famous professional poker player, has lost his case against London’s Crockford’s Casino, which accused him of cheating in order to win millions of dollars.
The winner of ten World Series of Poker (WSOP) gold bracelets, Ivey had moved court against the casino, which had withheld his winnings pending investigation as it felt that he had cheated. Unfortunately, Ivey lost the legal battle and had to part with $12 million.
A Washington Post report says that Crockford’s Casino claimed that Ivey won millions of dollars by cheating at Punto Banco, a variant of baccarat. The aim of baccarat players is to create a hand equaling nine or closer to it than the dealer.
In 2012, Ivey arrived at the casino accompanied by a female friend, who allegedly helped him beat the house. Crockford’s accused the poker pro of using a strategy called edge sorting, which casinos naturally dislike and consider illegal. Needless to say, several gamblers do not feel that edge sorting is cheating.
The Guardian reports that Ivey expressed disappointment at the court’s decision, but was satisfied that the judge accepted his testimony as the truth. He said: “As I said in court, it is not my nature to cheat and I would never do anything to risk my reputation. I believe that what we did was a legitimate strategy and we did nothing more than exploit Crockfords’ failures to take proper steps to protect themselves against a player of my ability.”
There is yet another casino that has dragged Ivey to court for winning a great deal of money by implementing the strategy of edge sorting. According to a report in the Inquisitr, Borgata Casino has sued Ivey in a bid to retrieve the $9.6 million the poker pro won when he was playing baccarat in 2012.
The casino has accused Ivey of acting in full knowledge of a manufacturing defect in the playing cards used at the Borgata’s baccarat tables. Borgata claims that Ivey used these defects to his advantage and has mentioned the name of Gemaco, the manufacturer of the playing cards, in its law suit.
The Borgata also says that Ivey and his friend Cheng Yin Sun, a gambler from China, specifically instructed the dealer how she should turn the cards while dealing them. The casino feels that these instructions and the manufacturing defects helped Ivey beat the house and win in millions.