Rumor: Ivey Bets Millions on WSOP Bracelet

Share:
8 June 2012, Created By: Matthew Showell
Rumor: Ivey Bets Millions on WSOP Bracelet

Over the last few years Phil Ivey has bet millions of dollars on winning WSOP bracelets and according to rumors circulating at the 2012 World Series of Poker, he’s at it again.

We overheard Ali Eslami talking about Ivey’s new bracelet bets while he was playing in the $10k Pot-Limit Hold’em Championship and although we don’t have the full story, the bets sound enormous.

Phil Ivey
Phil Ivey stands to win more than first-place money.

This information is particularly relevant since Ivey has chips in the $5k Stud Hi-Low event that’s playing down to a winner today.

Eslami was heard to say that just one of Ivey’s bets is worth $900,000 should he win a single bracelet.

We’re not sure who the bets are with but there are a few likely candidates.

Ivey and Daniel Negreanu had a long-standing bet that was worth $250k per bracelet. So if Daniel won a bracelet Ivey would owe him a quarter-million and vice versa. Perhaps Ivey and Kid Poker raised the stakes for 2012.

The biggest bracelet bet Ivey has ever booked, that we know about at least, was a $5 million wager he made with Howard Lederer. To win the bet Ivey had to take down two bracelets over two years at the WSOP, starting in 2011.

But based on what’s happened to Howard Lederer in the last year, we’re pretty sure that bet has been thrown out the window.

In other bracelet bet news, Tom Dwan tweeted today that he has no bracelet bets for 2012, and that he bought out of the bet he had to win two bracelets in three years.

Click here to read the interview we did with Dwan about his previous bets.

Share:
Bloggers
The Poker Reporter Blog

The Poker Reporter Blog

Poker news, gossip, parties, donkstrikery and functioning illiteracy with the PL.com crew!
Latest Posts 's Page  
Positively Nerd Street

Positively Nerd Street

Pr0n for the poker nerd. Hardware, software, gadgets, etc; like poker, but from the future.
Latest Posts 's Page  
The Guest Blog

The Guest Blog

A menagerie of poker pros, celebrities, poker writers and industry figures.
Latest Posts 's Page  
Battle of Malta Blog

Battle of Malta Blog

Photo essays, player profiles, travel tips, off-the-cuff interviews and more from Battle of Malta!
Latest Posts 's Page