Posted:
#1
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.
for not getting these funds (funds that belong to the players at this point) into some account for eventual dissemination to the players.0
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