JavaScript and Cookies are required to view this site. Please enable both in your browser settings.
Casino Sues Poker Star Phil Ivey for Card Cheating - Section 2
Documenting Reality True Crime Related Chat & Research Current Events | In The News Casino Sues Poker Star Phil Ivey for Card Cheating

Casino Sues Poker Star Phil Ivey for Card Cheating 

Current Rating:

Unlimited Views No Ads No Algorithms Lifetime Account

Documenting Reality

Community Forum · Est. 2006

Join Now
Thread Tools
  #11  
04-20-2014, 10:27 AM
Illusion's Avatar
Illusion
Offline:
♚ Legacy Gold Member ♚
Poster Rank:19
Join Date: Oct 2009
Posts: 59,878
Contributions: 26
 
Mentioned: 395 Post(s)
Quoted: 31403 Post(s)
Activity Longevity
2/20 17/20
Today Posts
0/11 ssss59878
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

Sounds like the casino has an issue against the card maker, not Ivey. Any advantage recognized is fair game imo.
3 Users Say Thank You For This Post:
Nickola, Oswald2001, tbone79
▼ PROMO FROM DOCUMENTING REALITY
Human Deformities & Medical Problems
View Now
Hidden for upgraded members.
  #12  
04-20-2014, 11:16 AM
icheerthebull's Avatar
icheerthebull
Offline:
My Rank: MASTER SERGEANT
Poster Rank:416
Join Date: Jun 2011
Posts: 2,775
Contributions: 3
 
Mentioned: 13 Post(s)
Quoted: 471 Post(s)
Activity Longevity
0/20 16/20
Today Posts
0/11 sssss2775
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

Casinos dont force people into their buildings. Same with food not forcing itself into some fat fucks mouth.

People do it and should STFU about the consequences.
I disagree. The house wine and cry like bitches when they lose. Counting cards is not illegal nor is exploiting a card flaw. The house should face the consequences but the point of the story is they are not. Fuck the house. They should STFU
4 Users Say Thank You For This Post:
MrCorpse, Oswald2001, tbone79, winvens
  #13  
04-21-2014, 11:14 AM
invertigo's Avatar
invertigo
Offline:
★ Legacy Member ★
Poster Rank:368
I need a nap =|
Join Date: Aug 2012
Posts: 3,203
Contributions: 43
 
Mentioned: 42 Post(s)
Quoted: 901 Post(s)
Activity Longevity
0/20 14/20
Today Posts
0/11 sssss3203
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

Sleight of hand is as much a part of Poker tradition as anything else. Only a fool bets blindly on the honor system; You may not be cheating, but you can bet your ass someone at the table is, to some degree or another. At least when this much money is involved.

At any rate, this guy's screwed. That casino and their dream team attorneys are going to dry-rape him in court
2 Users Say Thank You For This Post:
Illusion, winvens
This User Says Fuck You to This Post:
MrCorpse
  #14  
10-09-2014, 08:16 AM
Illusion's Avatar
Illusion
Offline:
♚ Legacy Gold Member ♚
Poster Rank:19
Join Date: Oct 2009
Posts: 59,878
Contributions: 26
 
Mentioned: 395 Post(s)
Quoted: 31403 Post(s)
Activity Longevity
2/20 17/20
Today Posts
0/11 ssss59878
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

Update: Famed poker pro Phil Ivey, accused of cheating by casino, loses court case — and $12 million

Imagine you go to a casino to play blackjack. You find a table, sit down and buy some chips. Gambling has few barriers to entry.

Name:  PhilIvey.jpg
Views: 395
Size:  24.0 KB


After awhile, you notice: For some reason, all of the cards higher than 9 are marked. Because of some slight imperfection in the deck, you can tell whether a card is an ace, king, queen, jack or ten before it’s turned over. Because of a manufacturer’s mistake, you have a huge advantage over the house. And the dealer doesn’t notice.

You decide to stay at the table. You win $12.4 million dollars. But later, the casino figures out how you won, says you cheated and refuses to pay. So you sue.

So: What’s a judge to do? Were your gains ill-gotten — or is it the casino’s responsibility to watch its own back?

A different version of this question was put before a British court after American poker pro Phil Ivey sued a London casino. In 2012, Ivey was accused of cheating at Punto Banco, a form of baccarat, by Crockfords, which withheld Ivey’s $12.4 million winnings.

And on Wednesday, Her Majesty’s High Court of Justice decided Ivey had done wrong — and won’t get paid.

“He gave himself an advantage which the game precludes,” Judge John Mitting said, as Bloomberg reported. “This is in my view cheating.”

Ivey was disappointed.

“I was upset as I had played an honest game and won fairly,” Ivey said in a statement, as the Guardian reported. ” … I believe that what we did was a legitimate strategy and we did nothing more than exploit Crockfords’ failures to take proper steps to protect themselves against a player of my ability.”

Ivey’s admitted strategy — what’s called “edge-sorting” — was quite involved. Here’s poker scribe Jim McManus’s excellent description of the angle, which he wrote for Bloomberg. Headline: “Judge Says Poker Champ Robbed the Casino.”


more
This User Says Thank You For This Post:
icheerthebull
  #15  
10-09-2014, 09:48 AM
Blewvane's Avatar
Blewvane
Offline:
Benevolent dictator
Poster Rank:57
Arse fucker
Join Date: May 2009
Posts: 25,643
 
Mentioned: 17 Post(s)
Quoted: 1450 Post(s)
Activity Longevity
0/20 18/20
Today Posts
0/11 ssss25643
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

I don't consider card counting or exploiting defects as cheating. Fuck the casino.
3 Users Say Thank You For This Post:
Oswald2001, tbone79, winvens
  #16  
10-09-2014, 10:09 AM
MrCorpse's Avatar
MrCorpse
Offline:
*DR's nice guy*
Poster Rank:78
Male
Join Date: Oct 2009
Posts: 19,438
 
Mentioned: 89 Post(s)
Quoted: 7144 Post(s)
Activity Longevity
0/20 17/20
Today Posts
0/11 ssss19438
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

Update: Famed poker pro Phil Ivey, accused of cheating by casino, loses court case — and $12 million

Imagine you go to a casino to play blackjack. You find a table, sit down and buy some chips. Gambling has few barriers to entry.

Attachment 575096


After awhile, you notice: For some reason, all of the cards higher than 9 are marked. Because of some slight imperfection in the deck, you can tell whether a card is an ace, king, queen, jack or ten before it’s turned over. Because of a manufacturer’s mistake, you have a huge advantage over the house. And the dealer doesn’t notice.

You decide to stay at the table. You win $12.4 million dollars. But later, the casino figures out how you won, says you cheated and refuses to pay. So you sue.

So: What’s a judge to do? Were your gains ill-gotten — or is it the casino’s responsibility to watch its own back?

A different version of this question was put before a British court after American poker pro Phil Ivey sued a London casino. In 2012, Ivey was accused of cheating at Punto Banco, a form of baccarat, by Crockfords, which withheld Ivey’s $12.4 million winnings.

And on Wednesday, Her Majesty’s High Court of Justice decided Ivey had done wrong — and won’t get paid.

“He gave himself an advantage which the game precludes,” Judge John Mitting said, as Bloomberg reported. “This is in my view cheating.”

Ivey was disappointed.

“I was upset as I had played an honest game and won fairly,” Ivey said in a statement, as the Guardian reported. ” … I believe that what we did was a legitimate strategy and we did nothing more than exploit Crockfords’ failures to take proper steps to protect themselves against a player of my ability.”

Ivey’s admitted strategy — what’s called “edge-sorting” — was quite involved. Here’s poker scribe Jim McManus’s excellent description of the angle, which he wrote for Bloomberg. Headline: “Judge Says Poker Champ Robbed the Casino.”


more
As an avid poker player this verdict makes me angry. What a fucking joke, if you're able to find a mathematical advantage over the house in any form of gambling that money belongs to you. As far as I'm concerned they just stole 12 million off him. He's a very successful poker player and no doubt worth a lot more than that, but this is probably still a decent chunk of his net worth.
4 Users Say Thank You For This Post:
Nickola, Oswald2001, tbone79, winvens
  #17  
10-10-2014, 11:14 AM
niknik's Avatar
niknik
Offline:
My Rank: MAJOR
Poster Rank:95
Join Date: Jan 2010
Posts: 16,772
 
Mentioned: 261 Post(s)
Quoted: 8276 Post(s)
Activity Longevity
0/20 17/20
Today Posts
0/11 ssss16772
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

Fuck the casino. It was their deck, their dealer, their game.
2 Users Say Thank You For This Post:
Oswald2001, tbone79
  #18  
10-10-2014, 11:46 AM
GRiZ's Avatar
GRiZ
Offline:
It's all good.
Poster Rank:285
Male
Join Date: Aug 2013
Posts: 4,524
 
Mentioned: 30 Post(s)
Quoted: 2353 Post(s)
Activity Longevity
0/20 13/20
Today Posts
0/11 sssss4524
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

You can tell theres something seriously wrong there just by looking at that picture.
  #19  
10-10-2014, 04:32 PM
niknik's Avatar
niknik
Offline:
My Rank: MAJOR
Poster Rank:95
Join Date: Jan 2010
Posts: 16,772
 
Mentioned: 261 Post(s)
Quoted: 8276 Post(s)
Activity Longevity
0/20 17/20
Today Posts
0/11 ssss16772
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

So he's not denying he was reading the cards based on the faulty design or printing. He's stating doing so isn't cheating. Is that correct?
This User Says Thank You For This Post:
Oswald2001
  #20  
10-10-2014, 04:47 PM
Illusion's Avatar
Illusion
Offline:
♚ Legacy Gold Member ♚
Poster Rank:19
Join Date: Oct 2009
Posts: 59,878
Contributions: 26
 
Mentioned: 395 Post(s)
Quoted: 31403 Post(s)
Activity Longevity
2/20 17/20
Today Posts
0/11 ssss59878
Re: Casino Sues Poker Star Phil Ivey for Card Cheating

So he's not denying he was reading the cards based on the faulty design or printing. He's stating doing so isn't cheating. Is that correct?
The guy is the best at what he does. His annual income on internet poker alone is roughly 10 mil.
2 Users Say Thank You For This Post:
icheerthebull, winvens
Documenting Reality True Crime Related Chat & Research Current Events | In The News Casino Sues Poker Star Phil Ivey for Card Cheating
Documenting Reality True Crime Related Chat & Research Current Events | In The News Casino Sues Poker Star Phil Ivey for Card Cheating


Powered by vBulletin Copyright 2000-2010 Jelsoft Enterprises Limited.

Search Engine Friendly URLs by vBSEO