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Betfair: All bets on Ivey
In fact, Betfair's International Public Relations Manager Richard Bloch says of the approximately $20,000 U.S. already bet globally on the November Nine, better than 50 per cent has been put down on Ivey.
"There was a lot of action starting the minute the final table was set," Bloch told PokerListings. "We do expect that to slow down a bit now and then pick up again in the days before the final table plays out."
The odds on Ivey winning the Main Event started out at 8:1 on Betfair, but have since moved down to 7:1.
While the Full Tilt pro will enter the final nine seventh in chips, he is now the third favorite to win behind chip leader Darvin Moon (4.4:1) and American Eric Buchman (5.7:1), who had more than $1 million in career tournament earnings heading into the 2009 Main Event.
"Obviously the chip lead is important," Bloch said. "But people put a lot of weight on experience at the table."
The odds have remained steady for former Wall Street banker Steven Begleiter (7:1) and CardPlayer Editor Jeff Shulman (8:1), who both sit close to the top of the chip counts.
The same is also true for smaller stacks like 21-year-old Michigan native Joseph Cada (15.5:1) and 51-year-old Floridian Kevin Schaffel (17:1).
However, there has been some movement at the bottom.
While Brit James Akenhead will come into the final table with the shortest stack, he is now a big favorite over French Everest Poker qualifier and fellow short stack Antoine Saout, with Akenhead moving from 19:1 to book the win down to 17.5:1 in just a few short weeks.
"We have two million customers, 50 per cent of which come from the UK, so there has been a lot of money bet on Akenhead," Bloch said. "Probably by some of his friends."
The odds on Saout have continued to hover around the 21:1 mark.
Bloch said he would expect the action to pick up even more as the Nov. 7 final table approaches and with rumors of Ivey himself having millions on the street in prop bets, an even higher percentage may be focused on the seven-time WSOP bracelet winner.
"We expect people with huge prop bets against Ivey to be using the site to lay off those bets," he said. "We will probably see ten times the action by the time the final table rolls around."