Millions Scam - How Phil Ivey took $10 million from a casino?

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Phil Ivey is among the legendary names in professional poker. His wealth is estimated at 30 million dollars, and some data indicate that it is more than 100 million. A solid part of them the American earns precisely through one of the greatest card games. But that's not his only strength. Not if you're asking about his bank account. One of the skills that brings Phil the most fame is his baccarat game. For those unfamiliar with its rules, in short it is a casino card game played between the player and the bank.

Years ago, Ivey was at the pinnacle of poker fame after winning his 10th World Series of Poker bracelet. Soon after, Phil visited the Borgata Casino in Atlantic City and obtained a $10 million lawsuit. The reason? The casino believes that the poker legend won the amount in question by fraud.

The millionaire's technique is the so-called "edge-sorting". With it, the player identifies small differences in the pictures on the back of the cards and thus increases his chances of winning. During the Borgata game, Ivy does not touch a single card, but convinces the croupier that he is extremely superstitious.

Long arguments began as to whether this action of Ivy was legitimate. According to himself, his profit is a matter of skill. According to Borgata, this is a technique that is outside the described rules and that makes it a fraud.

In the end, the court decided that the casino had the right and should win the dispute. Ivey and his lawyers are doing everything possible and contesting the various instances. Their actions are unsuccessful, and after all the incredible battles he wins, Ivy loses one of her important ones - the lawsuit for approximately 10 million dollars.

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