Phil Ivey Snags Third Aussie Millions $250k Title for $2.2m

Phil Ivey
Phil Ivey

Through it all Phil Ivey just keeps on winning, especially in Australia.

Ivey successfully defended his Aussie Millions $250,000 Challenge title in Melbourne last night for A$2.2 million.

The Aussie Millions $250k Challenge is the biggest buy-in annual tournament in the world and Ivey has absolutely dominated it over the last several years with three wins in four years.

Last night Ivey outlasted Erik Seidel, Scott Seiver and Doug Polk before finally besting Mike “Timex” McDonald heads-up.

Ivey got lucky in the final hand with K Q over McDonald’s A Q. McDonald did get a very sizable consolation prize of $1.59 million.

Richard Yong, Dan Smith, Isaac Haxton Just Miss

Mike McDonald
Runner-up finisher Mike McDonald

It was a rough tournament for Richard Yong, Isaac Haxton and Dan Smith who all made the final table but ended up finishing seventh, eighth and ninth just before the money.

The blow was softened for Yong, who secured the $100k Challenge title the night before. The Malaysian businessman took down $1.8 million for his efforts in that tournament.

Erik Seidel, who took sixth in the $100k Challenge for $500k, was the first player in the money to be eliminated when he had the misfortune of shoving A-2 into Doug Polk’s pocket kings.

From there McDonald eliminated Scott Seiver and Doug Polk to enter heads-up against Phil Ivey with a slight chip disadvantage.

There have only been five $250k Challenges and Ivey has now won three of them. He’s profited $7.2 million from the events over the years.

Here are the complete payouts from the event, which ended up drawing 46 entries (all payouts in Australian currency):


  • 1. Phil Ivey - $2.2 million
  • 2. Mike McDonald - $1.5 million
  • 3. Doug Polk - $1 million
  • 4. Scott Seiver - $735,000
  • 5. Erik Seidel - $551,000

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