The Poker Reporter Blog
Ivey and durrrr Crossbooking Action at PCA
Created By: Matthew Showell Posted in: The Poker Reporter Blog, Tournament Trail
As we were taking our first walk through Day 1b of the PokerStars Caribbean Adventure we saw Tom Dwan and Phil Ivey exchanging words.
Ivey was sitting in his seat and durrrr was looking for his table. It only took about 30 seconds but they booked a bet that could potentially be worth $1.5 million.
For those people who don't know crossbooking it's pretty simple. If I crossbooked 100 per cent of my action with you, and I won a $3 million prize, you would owe me an additional $3 million.
Ivey and durrrr crossbooked 50 per cent of their action here and with the size of this prize pool, and the caliber of those two players, it could end up costing one of them a lot of cash.
Both of these guys are used to playing pots worth close to the first prize of major tournaments. Side bets like these are one of the ways they can motivate themselves to play.
-- Matthew Showell
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Comments
6left tit this time
2010-01-08sorry vrtop, youre right - thats what my juicy sidekick meant to say.
vrtop
2010-01-08just to get the record straight, Negreanu didn't crossbook with Hellmuth. He just booked Hellmuth's action. This means that Negreanu's wins/losses meant nothing. Hellmuth would pay Megreanu if Hellmuth lost, and Negreanu would pay Hellmuth if Hellmuth won.
jen tilleys right tit
2010-01-07crossbooking is way juicier in the cash games - was great to see negreanu crossbook hellmuth in the most recent poker after dark cash game i thought.
for those of you still confused behind the idea - the way it worked in the cash game was that anything hellmuth won, negreanu had to pay him (phil wins $100k in the game, daniel pays him an extra $100k on the side) and vice versa (phil plays like a nit, gets no action and then blows up to lose $100k, he also owes daniel $100k on the side)
TKT
2010-01-06you take the difference in the net results for each player. the loser owes the winner some percentage of that amount.
for example, durrrr wins $X and ivey wins $Y, where X>Y. the difference: $X - $Y = $Z which is some positive dollar amount. ivey, since he won less in our example, owes durrrr 50% of $Z.
of course, either of them could not cash, in which case X=0 or Y=0, but the rules would still apply.
Sean Lind
2010-01-06Crossbooking is based on cashing though, in a better-than or last longer, neither player has to make the money to get paid. Also, you get paid in direct proportion to your cash amount.
Unless we're talking about two different things?
Calek
2010-01-06So is crossbooking essentially a "better-than" bet?
What's the difference (if there is one)?