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Home / Articles / Phil Ivey Sulks $2 Million Cash Loss in Sour Superbowl

Phil Ivey Sulks $2 Million Cash Loss in Sour Superbowl

By: Joe Gaffney     Date: Feb 8, 2010
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Phil Ivey Sulks $2 Million Cash Loss in Sour Superbowl XLIV Colts Money-Line Wager Poker News, Young Guns of Poker | Sam Mishra | February 7, 2010 at 11:39 PM --------------------------------------------------------------------------------

As you may already know the New Orleans Saints won the Superbowl XLIV 44 verses the Indianapolis Colts for a final score of 31-17. Many of the sports-bettors/punters who layed cash on the favorite (Colts) ended up losing along with the so called “sharpest professionals” on the Vegas Strip; Bill Walters and Steve Fezzik. In addition our famed, loved, and highly adored Top Dog poker player; Phil Ivey was rumored to be on the bandwagon to hell, who coordinated with Walters to place a $2 Million money-line bet on the Colts at a sports book on the Vegas strip.

Phil Ivey is undoubtedly known by the poker world as “The World’s Best Poker Player”, as he recently climbed to the Top Dog #1 position of the All Time money list of poker players. Ivey’s wagering and odds skill may not be translating too well in the sports-betting world considering that the under-dog team; The Saints ended up ripping open a second feeding hole for the Colts in Superbowl 44. According to a recent article in the Last Vegas Review, Ivey did take the advise and counsel of Vegas sports betting expert Bill Walters for the big Superbowl Sunday game. Many critics pointed to the fact that Ivey should have just “sticked to the poker felt and stayed 100 yards away from the any football field”, and which did prove very hazardous to Ivey’s bank account tonight. Ivey is known in the industry for taking on prop-bets on winners of online poker games, and sports games in the past though this may put a hiatus to Ivey’s sports-betting game. Odds are 2-1 that Ivey has put out a contract to decapitate Walter’s limbs into hundreds of pieces and be fed to the pigs tonight.

If the writing on the wall turns out to be correct, that Ivey ended up wagering, his money-line bet of -200 Colts is definitely a loser considering that the Colts lost straight up to the Saints. Ivey’s $2 Million in cash went straight into the pockets of one very happy MGM Mirage Sports-book. Assuming Ivey’s bet would have turned out to be winner, he would be in the money by $1 Million or up 50% on his money. Ivey will certainly be found grinding himself out of the grand canyon sized hole that Walter’s digged him into. Ivey most probably will be grinding out like a mad-man on Full Tilt tonight instead of drinking like a fish like every other loser and winner tonight.

Interestingly enough the MGM Mirage sports book director Jay Rood did confirm with the Las Vegas Review that that “We took a seven-figure bet on the Colts money.” Many industry enthusiasts and sports-betting oracles of the industry have pointed that Ivey may have indeed been the big baller at the gates of the MGM to place the wager.
 


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