BEATING A CASINO FOR $22.1 MILLION: PHIL IVEY
Channel: Blitz
Date: 2023-01-27

Beating a casino for $22.1 million Phil Ivey

Phil Ivey is a professional poker player who is known for his mastery of the high-stakes card game of baccarat, as explained in the documentary about him. He paired with an unlikely companion, Cheung Yin Sun, to beat the casino for millions using a technique called Edge Sorting. Phil Ivey's baccarat strategy involved detecting asymmetries and manufacturer's patterns on the backs of playing cards, a technique that is prohibited in most casinos, including the Borgata Hotel Casino and Spy Atlantic City, where he won about 9.6 million, and Crockfords in London, where he won over 10 million.

However, the casinos, including Borgata, accused Ivey of cheating and filed a lawsuit against him. Ivey denied any wrongdoing and claimed that his success was due to his skills as a seasoned gambler. But the crux of this entire battle centers around the controversial practice known as Edge Sorting, which gave Ivey a significant edge in the game, potentially yielding a 6.5% advantage to the player.

The story of Phil Ivey and Cheung Yin Sun is one of deception, skill, and ultimately, a battle against the casinos. The use of Edge Sorting may have been prohibited, but for Ivey and Cheung, it was a means to an end, and a way to beat the odds. Phil Ivey's cheating controversy sparked a lot of debate and discussion in the gambling industry. Despite the accusations and the lawsuit, Phil Ivey still remains one of the most successful and well-known gamblers in the world.

Welcome to Luxury Tech! Here you will find awesome videos about new expensive Technology, Mega projects, and much more!

Subscribe to Luxury Tech and indulge in our weekly tech videos! 

Ps: You can unsubscribe at any time (It's free) :)

Welcome to Luxury Tech! Here you will find awesome videos about new expensive Technology, Mega projects and much more!

Subscribe to Luxury Tech and indulge in our weekly tech videos! 

Ps: You can unsubscribe at any time (It's free) :)