Phil Ivey Moves Into Tie With Johnny Chan, Doyle BrunsonPublished on June 28th, 2014 5:39 am EST
Phil Ivey took down the 10th World Series of Poker bracelet of his career on Friday night after winning Event #50 ($1,500 Eight-Game Mix) for $167,332.
The money that Ivey won in this event almost certainly paled in comparison to the money that he won in his much publicized bracelet bet.
Before the World Series of Poker got underway, Daniel Negreanu revealed that he and Ivey were opening up a bracelet bet to the public. If Negreanu or Ivey managed to win a bracelet between them this summer, they would win the bet. If they didn't win a bracelet this summer, the "against" side would win the bet. The bet was offered at even money.
The "against" bet was available to the general public, provided that they had a minimum of $5,000 to wager. The maximum betting amount that a person could wager against Ivey/Negreanu was $1,000,000.
There was a great deal of discussion about the bet before the World Series of Poker got underway, with many people feeling that the Ivey/Negreanu side were underdogs. This likely meant that Ivey and Negreanu received some significant action from the public (Ivey reportedly was bankrolling the majority of the bet for the Negreanu/Ivey side). It seems fairly likely that Ivey won several million dollars in prop bets after taking down the bracelet on Friday night.
Ivey's 10th World Series of Poker bracelet means that he is now in a tie for second place with Johnny Chan and Doyle Brunson on the all-time bracelet list. Ivey is now just three behind Phil Hellmuth for the top spot.
It's worth mentioning that out of Ivey's 10 bracelets, exactly zero have been won in Hold'em, which just goes to show how incredibly well-rounded of a player Phil Ivey is.
With his win on Friday night, Ivey now has roughly $21.4 million in total lifetime "live" tournament earnings, which is good for the #3 spot behind Antonio Esfandiari and Daniel Negreanu.
Photo: Phil Ivey Instagram
Filed Under: The World Series of Poker