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Article: Phil Ivey Sits Out WSOP, Sues Full Tilt Poker

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  1. Dan Dan is offline Administrator

    Posts: 5,248
    Joined: May 06

    Jun 1st, 2011 (6/1/2011 5:25pm)

    You can view the page at http://www.pocketfives.com/content.p...ull-Tilt-Poker
     
  2. Assassinato Assassinato is offline

    Costa Rica

    Posts: 2,703
    Joined: Sep 06

    Jun 1st, 2011 (6/1/2011 5:50pm) in reply to Dan

    The shit has officially hit the fan.
    239 1 

    Assassinato is an instructor at PocketFives Training . To get more of his advice and to watch his training videos, click here.

  3. Lengthwise905 Lengthwise905 is offline

    Posts: 341
    Joined: Jan 10

    Jun 1st, 2011 (6/1/2011 6:10pm) in reply to Assassinato

    go ivey!!!!
  4. Judgemeplease Judgemeplease is offline

    Redlands, CA
    United States

    Posts: 141
    Joined: Feb 10

    Jun 1st, 2011 (6/1/2011 6:16pm) in reply to Lengthwise905

    How does one man manage to do the right thing EVERY.SINGLE.TIIIIIIIIIIIIIIIME.
  5. tom44411 tom44411 is offline

    Toronto
    Canada

    Posts: 1,908
    Joined: Aug 07

    Jun 1st, 2011 (6/1/2011 7:04pm) in reply to Assassinato

     
    Originally Posted by Assassinato View Post

    The shit has officially hit the fan.

    exactly this, good work Ivey imo
     
  6. Stupor_Mundi Stupor_Mundi is offline

    Silver Spring, MD
    United States

    Posts: 2,409
    Joined: Mar 06

    Jun 1st, 2011 (6/1/2011 8:02pm) in reply to tom44411

    Ivey just soul read Full Tilt. The man never fails to surprise with his decision-making skills.
  7. djdoodoo djdoodoo is offline

    United Kingdom

    Posts: 951
    Joined: Mar 10

    Jun 1st, 2011 (6/1/2011 8:34pm) in reply to Stupor_Mundi

    wow $5 million is a lot to lose on moral. Hopefully lederer will let him have another year.
  8. LeedsJay LeedsJay is offline

    Leeds
    United Kingdom

    Posts: 89
    Joined: Jun 10

    Jun 1st, 2011 (6/1/2011 9:10pm) in reply to djdoodoo

    i hope pokerstars sign up ivey, first class guy and the undoubted #1 legend of poker
  9. ieatsquirrels ieatsquirrels is offline

    Aurora, CO
    United States

    Posts: 37
    Joined: Dec 09

    Jun 1st, 2011 (6/1/2011 10:00pm) in reply to LeedsJay

    pstars sign ivey? does this guy live under a rock?
  10. deezy5821 deezy5821 is offline

    Lawrenceville, GA
    United States

    Posts: 583
    Joined: Jul 08

    Jun 1st, 2011 (6/1/2011 10:13pm) in reply to ieatsquirrels

    Would be so sick if Ivey won a bracelet with like 10 events remaining. Ivey is a fking G.
     
  11. kinggorn kinggorn is offline

    Miami, FL
    United States

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    Jun 1st, 2011 (6/1/2011 10:52pm) in reply to deezy5821

    my man ivey, making it happen as always
    Edited By: kinggorn Jun 1st, 2011 at 10:52 PM
  12. Diver1 Diver1 is offline

    Saint Amant, LA
    United States

    Posts: 151
    Joined: Jan 11

    Jun 1st, 2011 (6/1/2011 11:15pm) in reply to kinggorn

    When the US players are allowed to come back to playing online at FTP and stars......I just hope everyone remembers all of this and just piles back onto Stars.Props to Ivey and to Stars.........Poops to the DOJ (Dept. of Jackasses).
  13. TigersWood TigersWood is offline

    VA
    United States

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    Jun 2nd, 2011 (6/2/2011 1:07am) in reply to Diver1

    Hero.
  14. time4badbeat time4badbeat is offline

    WI
    United States

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    Jun 2nd, 2011 (6/2/2011 2:59am) in reply to TigersWood

    Pretty sick, lawsuit is asking for over $150m in damages . . .

     
    Originally Posted by Reece Throop View Post

    wow $5 million is a lot to lose on moral. Hopefully lederer will let him have another year.

    You're assuming that Lederer would actually pay . . . would have to "raise capital"
     
  15. pedroarmenio pedroarmenio is offline

    S緌 Paulo
    Brazil

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    Jun 2nd, 2011 (6/2/2011 4:10am) in reply to time4badbeat

    Amazing.
    845 
  16. Folderol Folderol is offline

    Florence, SC
    United States

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    Jun 2nd, 2011 (6/2/2011 5:10am) in reply to pedroarmenio

    Wow. I was never a big fan of Ivey's - I respected him but wasn't much of a fan - until now. As stand up as stand up can be. I am jaw-droppingly impressed.
  17. hurron hurron is offline

    Posts: 58
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    Jun 2nd, 2011 (6/2/2011 5:24am) in reply to hurron

    In section 41 of the lawsuit Ivey claims that Tiltware did not notify him that the DOJ had told them they were engaging in conduct considered illegal. So one of the brightest poker minds and an investor and friend of all the other investors and owners of Full Tilt did not know that the deposits/cash-outs were illegal? Did he think that the payment processors that were frozen the first time were frozen for the hell of it?
  18. TMLMS13 TMLMS13 is online now

    Waterloo
    Canada

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    Jun 2nd, 2011 (6/2/2011 5:56am) in reply to time4badbeat

     
    Originally Posted by time4badbeat View Post

    Pretty sick, lawsuit is asking for over $150m in damages . . .

    You're assuming that Lederer would actually pay . . . would have to "raise capital"

    would Lederer make him pay it off full or give him a break, ie only take 2.5 from ivey
  19. stnnine stnnine is offline

    Edmonton
    Canada

    Posts: 35
    Joined: Oct 06

    Jun 2nd, 2011 (6/2/2011 8:55am) in reply to TMLMS13

    Why wasn't the players money held in a separate account? Considering the rake generated is larger than the GDP a ton of countries, it makes no sense why FTP would have to "raise capital in order to repay the players. FTPDoug has some explaining to do, imo.
  20. cocoa_butter111 cocoa_butter111 is offline

    ME
    United States

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    Jun 2nd, 2011 (6/2/2011 3:43pm) in reply to stnnine

    ......
    Edited By: cocoa_butter111 Jun 2nd, 2011 at 10:15 PM
     
  21. Gforce786 Gforce786 is offline

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    Jun 2nd, 2011 (6/2/2011 4:49pm) in reply to cocoa_butter111

    you do realize, ivey doesn't really care about other people's money, it obv sounds better if he says it. but he must have so much money tied on full tilt right now, that hes furious and wants his money asap.
  22. BenChristiansen BenChristiansen is offline

    Brooklyn, NY
    United States

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    Joined: Dec 10

    Jun 2nd, 2011 (6/2/2011 5:39pm) in reply to stnnine

     
    Originally Posted by stnnine View Post

    Why wasn't the players money held in a separate account? Considering the rake generated is larger than the GDP a ton of countries, it makes no sense why FTP would have to "raise capital in order to repay the players. FTPDoug has some explaining to do, imo.

    In case it's unclear to anyone how banking works, a bank is only required to physically hold 10% of the money held with them, as opposed to a casino, which is required to hold enough to match every chip in play. Since full tilt was not regulated it's unlikely they would choose to match every dollar held with them, instead doing what banks do, giving bonuses and investing. And regardless of Phil Ivey motives, he's taking a stand for American players everywhere, more than any other pro has done.
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