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NJ casino alleges famous poker player cheated in $9.6M win

Topic closed. 71 replies. Last post 3 years ago by THRIFTY.

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Artist77's avatar - batman14

United States
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January 16, 2012
4786 Posts
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Posted: April 12, 2014, 11:31 am - IP Logged

I find it strange for a woman to be a banker, I guess it's possible.

What century are you from?  You certainly are insulting the women and especially the professionally educated women on this site. My mother was (retired now) an accountant and a bank VP. And I have several friends from college who are bankers.

I guess instead we should all just post pics of us in our nighties and email the men and ask for their pics and whine how bored we are??? It is hard for me to believe you live in the United States. 

LOL

J'aime La France.

    Drenick1's avatar - villiarna
    USA
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    Posted: April 12, 2014, 11:49 am - IP Logged

    He already got the money, now the casino wants it back! Green laugh

    They're the ones that messed up. Let Phil have his money, and now they know better. Did he really commit a crime? A court will decide I guess.

    $9.6 mil? Heck, that's chump change for them. Sheldon Adelson dumped $10M on a superpac trying to buy an election, so that's nothing to those guys.

    Sheldon Adelson who is one of the wealthiest man on earth and Phil Ivey are not in the same league in terms of wealth. It may very well be "chump change" for Sheldon Adelson but certainly not for Phil Ivey.

    Speaking of campaign contributions, George Soros donated north of a hundred million dollars toward Obama's re-election and the sad part is that with voter fraud, deception and using the IRS to suppress the opposition none of that money was even needed.

      Drenick1's avatar - villiarna
      USA
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      Posted: April 12, 2014, 11:51 am - IP Logged

      I find it strange for a woman to be a banker, I guess it's possible.

      Not sure what world you live in but here in the United States there are plenty of female bankers.

        Marilyn222's avatar - thumb 350-286546.jpg
        Denver
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        Member #117684
        October 12, 2011
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        Posted: April 12, 2014, 11:56 am - IP Logged

        Not sure what world you live in but here in the United States there are plenty of female bankers.

        I've never been to a casino, that's why...pardon my ignorance.

        White Bounce

          Jon D's avatar - calotterylogo
          Los Angeles, California
          United States
          Member #103813
          January 5, 2011
          1530 Posts
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          Posted: April 12, 2014, 12:38 pm - IP Logged

          Sheldon Adelson who is one of the wealthiest man on earth and Phil Ivey are not in the same league in terms of wealth. It may very well be "chump change" for Sheldon Adelson but certainly not for Phil Ivey.

          Speaking of campaign contributions, George Soros donated north of a hundred million dollars toward Obama's re-election and the sad part is that with voter fraud, deception and using the IRS to suppress the opposition none of that money was even needed.

          Uh...OK, I think you completely misunderstood my post.

          I said: "They're the ones that messed up. Let Phil have his money,"

          They being the casino. They agreed to the terms of the game set by Phil, and now they are suing him to get their money back when it backfired on them.

          I said: "$9.6 mil? Heck, that's chump change for them."

          Them being a continuation of the casino and by ownership, the owner. And of course, I know that Sheldon Adelson is a billionaire and has much more disposable money to throw around than Phil Ivey, the little guy, so I said let Phil have his money. They're just pis'd that they got hustled.

          I then gave a relevant example, that as a casino owner, Sheldon Adelson threw away (on a losing bet) a similar amount to $9.6M, namely $10M to Romney's cause.(and much more to other losing campaigns)

          FYI,

          I'm opposed to ALL this outside influence of massive campaign donations in superPACs both ALL sides, be it Adelson, Soros, or the Koch Brothers, who's spending dwarfed Soros or anyone else in 2012. It's all an abomination.

            JoeBigLotto's avatar - Lottery-049.jpg
            melbourne , florida
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            January 3, 2012
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            Posted: April 12, 2014, 12:51 pm - IP Logged

            What i find amazing is that the casinos always investigate players for big win but you will never hear of players investigating casinos for big lost. Ivey has a clean record and casinos have a dirty record so am not sure who needs to be proven guilty first and all this news on public opinion is a damage news if you have a case take it to the court and find him gulty first in a court room. The casinos know what they can afford to pay on every game so if there is a problem you know his face very well , so don't let him play or when he starts betting millions don't go against him because everyone that goes against him doesn't stand much of a chance anyway.I will wait for the judge and the jury opinion first b4 i conclude but for now the man is innocent till proven guilty. US FlagAnd worst case sceneria even if ivey is guilty well it is called bluffing not a crime lol Surrender

              Drenick1's avatar - villiarna
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              Posted: April 12, 2014, 1:18 pm - IP Logged

              Uh...OK, I think you completely misunderstood my post.

              I said: "They're the ones that messed up. Let Phil have his money,"

              They being the casino. They agreed to the terms of the game set by Phil, and now they are suing him to get their money back when it backfired on them.

              I said: "$9.6 mil? Heck, that's chump change for them."

              Them being a continuation of the casino and by ownership, the owner. And of course, I know that Sheldon Adelson is a billionaire and has much more disposable money to throw around than Phil Ivey, the little guy, so I said let Phil have his money. They're just pis'd that they got hustled.

              I then gave a relevant example, that as a casino owner, Sheldon Adelson threw away (on a losing bet) a similar amount to $9.6M, namely $10M to Romney's cause.(and much more to other losing campaigns)

              FYI,

              I'm opposed to ALL this outside influence of massive campaign donations in superPACs both ALL sides, be it Adelson, Soros, or the Koch Brothers, who's spending dwarfed Soros or anyone else in 2012. It's all an abomination.

              Oh...OK, Thanks for clarifying your post.

              I do agree that the casino should leave Phil alone and let him keep his money. Phil was on the look out for any advantage and used it to the of his ability. He didn't supply the cards or the dealer so I feel the casino has an uphill battle to get their money back.

                Lucky Loser's avatar - bucks
                Texas
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                January 30, 2010
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                Posted: April 12, 2014, 6:12 pm - IP Logged

                Oh...OK, Thanks for clarifying your post.

                I do agree that the casino should leave Phil alone and let him keep his money. Phil was on the look out for any advantage and used it to the of his ability. He didn't supply the cards or the dealer so I feel the casino has an uphill battle to get their money back.

                Yep, Phil was playing by the casino's rules, and, with the casino's cards. No foul from where I'm standing!!! Know what? I hate sore losers. I mean, I down right hate 'em!! Especially when you beat 'em at their own game at their own house!!! It's just pathetic.

                 

                L.L.

                Small games, frequent wins, and regular payouts 'cause.....

                There are seven days in the week...'Someday' isn't one of them.

                #lotto-4-a-living

                  eddessaknight's avatar - nw paladin.jpg
                  LAS VEGAS
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                  November 22, 2006
                  4494 Posts
                  Online
                  Posted: April 12, 2014, 6:15 pm - IP Logged

                  Sam Rothstein would have known.

                  The problem with heist movies is they dont have good understanding of physics. 

                  There always seems to be a small asian guy who happens to defy gravity.

                  I did take a look back at the article and I can see the defect now.

                  It happens that the ◊ background was not uniformly bisected in all the templates.

                  It was off by perhaps 6 pixels are so.

                  In the Kevin Spacey movie, maybe that was something that wasn't mentioned, but they were also improvising with.

                  Point well taken about "ACE" LB

                  While we are on the subject of the old cat & mouse  game between casino & players, permit me to share some humble insight on the mangement mind set of casino cat as I have witnessed it in Las Vegas for approx 25 years.

                  The casinos & game operators offer a negative expectation lossing proposition called gambling as an entertainment. Playing customes be it table games, lottery or slot players are suppose to lose according to odds posted (average). When player's winning exceeds by over coming the built in negative mathematical formulas, then flags go up for supervisory staff to examine what is going wrong with that gme that is adversely affecting their profits (drop rate). First thing is player will be identified & recorded  & their action will be videotaped for inspection; it doesn't matter if winnngs are' a result of some new advanatge methodology, player cheating or player dealer collaboration, out of the box technology or even a acceptable lucky streak in any form of speculation

                  Once the cause & effect of their irregular loses are known, then countermeasures & trouble shooters are vigorously applied to suppress or elemenate the problem makers. If it's cheating the use of security & law will have 0 tolorence

                  Bye the Bye, all over the top wiiner's pix & ID is shared with participating casino secuirity network world wide. Isn't sharing secretly taken pix unconstitutional???

                  Rememeber, you are being offered a losing chance & player should should adorn his best face &  accept & like it..... again it's ony a amusement game and not intended for anyone to make a living, let alone become wealthy at the operator's bottom line expense.

                  Ask ACE for verification, I think he is still bookmaking in Florida

                   

                  Than you for your consideration

                  FOURTUNA ABUDONZA Wink

                  EddessaKnight

                   

                  PS

                  If games were unbeatable, why is it necessary for operators touse countermeasures against players?

                    Avatar
                    Kentucky
                    United States
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                    February 14, 2006
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                    Posted: April 12, 2014, 6:31 pm - IP Logged

                    Uh...OK, I think you completely misunderstood my post.

                    I said: "They're the ones that messed up. Let Phil have his money,"

                    They being the casino. They agreed to the terms of the game set by Phil, and now they are suing him to get their money back when it backfired on them.

                    I said: "$9.6 mil? Heck, that's chump change for them."

                    Them being a continuation of the casino and by ownership, the owner. And of course, I know that Sheldon Adelson is a billionaire and has much more disposable money to throw around than Phil Ivey, the little guy, so I said let Phil have his money. They're just pis'd that they got hustled.

                    I then gave a relevant example, that as a casino owner, Sheldon Adelson threw away (on a losing bet) a similar amount to $9.6M, namely $10M to Romney's cause.(and much more to other losing campaigns)

                    FYI,

                    I'm opposed to ALL this outside influence of massive campaign donations in superPACs both ALL sides, be it Adelson, Soros, or the Koch Brothers, who's spending dwarfed Soros or anyone else in 2012. It's all an abomination.

                    As you said, the Borgata agreed to the gambling conditions Ivey set, but now are suing him because according them "he lied about why he wanted those conditions".  The practice of whales and high rollers getting different gaming conditions than the average player was around for years, but it's been more competitive since 2008. Some casinos quickly agreed to the conditions without checking to see if the conditions give the player the edge.

                    A gambler named Don Johnson won millions playing Black Jack in AC because of the conditions he set and other than the casino saying they won't be inviting Johnson back, they paid him his full winnings. I believe the difference with Ivey is because he won $11.7 million from a London casinos after setting the same conditions. From what I've read, both casino agreed to using marked decks and are complaining after they lost.

                      Todd's avatar - Cylon 2.gif
                      Chief Bottle Washer
                      New Jersey
                      United States
                      Member #1
                      May 31, 2000
                      23260 Posts
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                      Posted: April 12, 2014, 6:36 pm - IP Logged

                      I had to delete several posts. Please do not revisit the topics that I have deleted.

                       

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                        duckman's avatar - ducklogodrake64x64
                        Jacksonville Florida
                        United States
                        Member #23018
                        October 6, 2005
                        915 Posts
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                        Posted: April 12, 2014, 7:02 pm - IP Logged

                        The casinos need to stop buying those cheaper off-shore produced playing cards ...

                          Jon D's avatar - calotterylogo
                          Los Angeles, California
                          United States
                          Member #103813
                          January 5, 2011
                          1530 Posts
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                          Posted: April 12, 2014, 7:42 pm - IP Logged

                          As you said, the Borgata agreed to the gambling conditions Ivey set, but now are suing him because according them "he lied about why he wanted those conditions".  The practice of whales and high rollers getting different gaming conditions than the average player was around for years, but it's been more competitive since 2008. Some casinos quickly agreed to the conditions without checking to see if the conditions give the player the edge.

                          A gambler named Don Johnson won millions playing Black Jack in AC because of the conditions he set and other than the casino saying they won't be inviting Johnson back, they paid him his full winnings. I believe the difference with Ivey is because he won $11.7 million from a London casinos after setting the same conditions. From what I've read, both casino agreed to using marked decks and are complaining after they lost.

                          I especially like the way he used the Chinese chick, and demanding a dealer speaking Mandarin.

                          That was a key to finalizing the hustle, by getting the casino's own dealer to become an unwitting participant in the sting. And since they were talking to eachother in Mandarin, the pit boss and anyone watching from the eye in the sky would have a hard time catching what was going on...unless they spoke Mandarin too.

                          "Ivey also made special arrangements, including having a private area, or pit, a casino dealer who spoke Mandarin Chinese, one eight-deck shoe of purple Gemaco playing cards to be used for each session of the play, and an automatic card shuffling device."

                          I play baccarat at our local California card casinos occasionally, which means there are Chinese people jumping all over me. LOL So I can just picture that Cheng Yin Sun girl telling the dealer, maybe talking down to her, "hey, you turn card, bad luck for mr. Ivey. you turn now!" <in Mandarin of course>

                          They could make a movie out of this.

                            Avatar
                            Kentucky
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                            February 14, 2006
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                            Posted: April 12, 2014, 8:13 pm - IP Logged

                            I've never been to a casino, that's why...pardon my ignorance.

                            Actually you were partly correct because in the game Ivey was playing, the bank is neither male or female. The bank an amount of money the casino is willing to lose on that table. The woman in the depiction is the dealer though in a variation of Baccarat, the players banking or booking the bets is called the "banker". Sheldon Adelson owns the Borgata so he was the "banker" in this story.

                            There were and probably still are woman casino owners. Claudine Williams owned the Holiday Casino and Becky Benion had controlling interest in Horseshoe. And Debbie Reynolds owned a casino too.

                            "pardon my ignorance."

                            Only one out of the three women I mentioned were successful with their casinos and it looks like you're being nit-picked about the usage of the term "banker".

                              Marilyn222's avatar - thumb 350-286546.jpg
                              Denver
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                              October 12, 2011
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                              Posted: April 12, 2014, 8:16 pm - IP Logged

                              Actually you were partly correct because in the game Ivey was playing, the bank is neither male or female. The bank an amount of money the casino is willing to lose on that table. The woman in the depiction is the dealer though in a variation of Baccarat, the players banking or booking the bets is called the "banker". Sheldon Adelson owns the Borgata so he was the "banker" in this story.

                              There were and probably still are woman casino owners. Claudine Williams owned the Holiday Casino and Becky Benion had controlling interest in Horseshoe. And Debbie Reynolds owned a casino too.

                              "pardon my ignorance."

                              Only one out of the three women I mentioned were successful with their casinos and it looks like you're being nit-picked about the usage of the term "banker".

                              Thank you.Smile

                              White Bounce