Phil Ivey borrowed $11 million from Full Tilt...Has yet to pay back $6 million

Question

https://pokernewsboy.com/poker-player-news/phil-ivey-borrowed-11-million-from-full-tilt-poker/8458

Disturbing to think the best player in the world has to get these kinds of advances to have a stake his online nose-bleed games.

What does this tell us?

1. It is now clear as to why Ivey ditched the 2011 WSOP. If he's in tournaments there with the poker media and 10,000 players, many with potential frozen funds in Full Tilt, the harassment/questioning would be relentless given he is the figurehead of the site.

2. His bankroll has been rumored to be anywhere from $30 to $50 million. He hasn't paid this money back because he simply doesn't have to.

3. The online stakes are ridiculously out of control. Top pros should be practicing bankroll management so they can remain top pros. $1,000/$2,000 Heads up Pot Limit Omaha is a game that should never should be played but is routinely done so by the likes of Ivey, Dwan, Ziigmund, and Benyamine etc. Why? These pros can make a fantastic living at $100/$200 NL hold 'em yet can't control there gambling addiction.

Gonna have to give Ivey a big

for not getting these funds (funds that belong to the players at this point) into some account for eventual dissemination to the players.

scalabrine · Answer

https://pokernewsboy.com/poker-player-news/phil-ivey-borrowed-11-million-from-full-tilt-poker/8458

Disturbing to think the best player in the world has to get these kinds of advances to have a stake his online nose-bleed games.

What does this tell us?

1. It is now clear as to why Ivey ditched the 2011 WSOP. If he's in tournaments there with the poker media and 10,000 players, many with potential frozen funds in Full Tilt, the harassment/questioning would be relentless given he is the figurehead of the site.

2. His bankroll has been rumored to be anywhere from $30 to $50 million. He hasn't paid this money back because he simply doesn't have to.

3. The online stakes are ridiculously out of control. Top pros should be practicing bankroll management so they can remain top pros. $1,000/$2,000 Heads up Pot Limit Omaha is a game that should never should be played but is routinely done so by the likes of Ivey, Dwan, Ziigmund, and Benyamine etc. Why? These pros can make a fantastic living at $100/$200 NL hold 'em yet can't control there gambling addiction.

Gonna have to give Ivey a big

for not getting these funds (funds that belong to the players at this point) into some account for eventual dissemination to the players.

skimordie · Answer

What a bunch of a**holes

The Hawk · Answer

We&#x27;re talkin&#x27; about practicin&#x27; losing money!

BDUBB · Answer

Black people never pay anything back. Look at your boy Antoine Walker.

esplanade · Answer

So Scal finally admits there are two black scumbags, only one of which resides in the White House.

jackjaffee · Answer

When was it ever in control?  All these guys have always played way higher stakes than their bankrolls dictate.

thegambler711 · Answer

Old news Scalabrine.Welcome to June 2011.

SALTY · Answer

How does Phil Ivey owe the players? He was was a paid spokesman for Full Tilt. If they gave him whatever that is on Full Tilt, Not Ivey

So on that theory you are saying that a paid spoksman for advertising, must be the one liable to pay back directly to the people in the event of a scandal at that compan?

So if priceline has a scandal where the CEO robs people by stealing funds by using personal info......William Shatner would be an asshole for not paying back the people because he was paid $1 million bucks.

Scal you are a waste of space

Renton · Answer

[Quote: Originally Posted by SALTY]  How does Phil Ivey owe the players? He was was a paid spokesman for Full Tilt. If they gave him whatever that is on Full Tilt, Not Ivey&#xD;&#xA;So on that theory you are saying that a paid spoksman for advertising, must be the one liable to pay back directly to the people in the event of a scandal at that compan?&#xD;&#xA;So if priceline has a scandal where the CEO robs people by stealing funds by using personal info......William Shatner would be an asshole for not paying back the people because he was paid $1 million bucks.&#xD;&#xA;Scal you are a waste of space  [/Quote]Scalabrine is a racist prick, but this article seems to indicate that Ivey is somewhat culpable to FTP players.The point here is that Ivey borrowed, and presumably has not paid back over 6 million to FTP.That 6 million dollars in essence belongs to FTP customers.

marctheshark · Answer

I think Ivey&#x27;s account at FT has also been frozen along with all us U.S. players. So FT will get their money out of Ivey one way or another.

gamble04 · Answer

I wonder how much Ivey was down??  I never thought that guy would ever need to borrow money.

jhudd70 · Answer

&#xD;&#xA;He&#x27;s a great poker player second, a degenerate gambler first.

gamble04 · Answer

[Quote: Originally Posted by jhudd70] &#xD;&#xA;&#xD;&#xA;He&#x27;s a great poker player second, a degenerate gambler first.  &#xD;&#xA;[/Quote]&#xD;&#xA;All you ever hear the media and other poker players saying is how much money ivey has and all the things hes buying with his money.  Really have to question how great this guy really is especially if he needs to borrow this amount of money.

jhudd70 · Answer

[Quote: Originally Posted by jhudd70] &#xD;&#xA;&#xD;&#xA;He&#x27;s a great poker player second, a degenerate gambler first.  &#xD;&#xA;[/Quote]&#xD;&#xA;That&#x27;s the reputation he has in Vegas...and a first class jerk on top of it.

ZiggyDawg · Answer

[Quote: Originally Posted by SALTY]  How does Phil Ivey owe the players? He was was a paid spokesman for Full Tilt. If they gave him whatever that is on Full Tilt, Not Ivey&#xD;&#xA;So on that theory you are saying that a paid spoksman for advertising, must be the one liable to pay back directly to the people in the event of a scandal at that compan?&#xD;&#xA;So if priceline has a scandal where the CEO robs people by stealing funds by using personal info......William Shatner would be an asshole for not paying back the people because he was paid $1 million bucks.&#xD;&#xA;Scal you are a waste of space  [/Quote]ExactlyIt all depends on his share of ownership , in stock or as a partner ( don&#x27;t know how they have him set up) It&#x27;s Full Tilts problem and their responsible for getting whatever what Ivey and others owe.

Ace77 · Answer

Poker players are degenerate scum who don&#x27;t shower

Phil Ivey borrowed $11 million from Full Tilt...Has yet to pay back $6 million

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