Phil Ivey losing $2 million
Phil Ivey hasn’t had a good week.
Various news sources have reported that the Full Tilt Poker pro has bet $2 million on the Lakers to win the NBA championship.
We don’t know when he made this bet, but it was sometime before game 3, because he tipped staff at the WSOP to get the TV near his table to show the game instead of the level information for the tournament everybody else was busy playing. He was playing too, but the Lakers captured his attention more than any cards in front of him.
Other losses this week include $80,000 worth of re-buys and add-ons in the 2-7 Lowball tournament where he didn’t cash. And $100,000 to PokerStars pro Daniel Negreanu on a golf bet.
If he has in fact bet $2 mil on the Lakers, he’s in some trouble after their game 4 capitulation. Here at OG, we’re still stunned at how a Phil Jackson coached team could squander a 24 point lead at home. They were -7 favorites with the oddsmakers, paying just 1.30 (-330) for the win versus Boston’s 3.65! (+265)
The Lakers are now a longshot to win the title, after starting the series as favorites. No team has ever come from 1-3 down to win an NBA Championship.
Phil won’t be the only one crying about that…
Ed
Phil Ivey Rules The World » Nobody’s perfect, even Phil Ivey said,
June 14, 2008 @ 3:11 am
[…] fan. Unfortunately, for him he’s also a Lakers fan. As the series sits at 3-1, Phil stands to lose quite a bit of money. Various news sources have reported that the Full Tilt Poker pro has bet $2 million on the Lakers […]
Online Gambling Blog - OnlineGambling.com » What is State of Origin? said,
July 2, 2008 @ 5:51 pm
[…] main event, we’ve been crying in our beer about the Lakers losing the NBA finals. Not crying as much as Phil Ivey […]
PokerPhan said,
September 17, 2008 @ 1:38 am
I have enough trouble watching the poker cards - I couldn’t imagine having what it takes to play poker and worry about $2m bet on another game. I don’t bet on sports teams because it always seems so emotional. I find that the more emotional I get, the more money I lose.
I would agree - losing $2m does not make for a good week.