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Phil Ivey Wins the $250k Super High Roller at the Aussie Millions

Phil Ivey Aussion Millions 2014The poker players’ poker player will have breathed a sigh of relief at his pay day, since he also entered the multiple entry format $100k high roller event – and re-bought 6 times.

The $250k cost him two re-entries, so his return on investment for the series ended up positive, but not exactly spectacular.

Isaac “Ike” Haxton came in second place for a soul destroying AU$2.8m.

The two players had to fight through a final table field that included Tom “Durrrr” Dwan, and young Canadian phenom Mike “Timex” McDonald. Daniel Negreanu, 2013 WSOP Player of the Year, managed 4th place, which sounds disappointing, except it meant yet another 7 figure score as he took home $1.25m.

Isaac Haxton Aussie Millions 2014Phil Ivey’s victory was in a sense, old news, since he won the 2012 event too. His lifetime tournament winnings have now crossed the $20m barrier. What is amazing is that his tournament winnings, even after 9 WSOP bracelets, are probably a fraction of his cash game winnings.

Back in February 2006, Ivey was a member of the “Corporation” which accepted a challenge by billionaire financier Andy Beal to play heads up for $100m. Over the course of three days, playing at blind levels of $25k/$50k and $50k/$100k, Phil won over $16m from Beal.

Beal believed that the size of the pots would make the Pros, play scared money – big mistake!

The truth is that players like Phil Ivey and Viktor “Isildur1” Blom have managed to divorce the value of money from how they play. It would be encouraging to be able to say: get online, study, and you too could be Phil Ivey, but the truth is such genius is something else, something beyond understanding.

Everyone can become a winning poker player, with study, hard work and good site and table selection: Not everybody can be Phil Ivey, but we can all rejoice in the beauty of his game.

In February 2006, he played heads-up Limit Texas Hold’em versus Texas billionaire Andy Beal. With stakes at $25,000/$50,000 and $50,000/$100,000, Ivey won over $16,000,000 over the course of three days, during a heads up match at The Wynn Resort. Ivey was playing for “The Corporation”, a group of poker professionals who pooled their money and took turns playing against Beal.

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By , Rakeback.com Executive Editor

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