Phil Ivey Loses $1.1 Million Online In February 14th - Mar 1st, 2013

[dk12]

chump change for him... he has over 20+mil in online ring game profits alone!

[jasonv12]

He was estimated to be worth 220M once I've heard. I don't think that's a very significant sum of money for him.

[ddavey25]

even if I had 100 million I couldn't play those stakes comfortably...I would fold to every raise and just give my money away playing scared

[jasonv12]

even if I had 100 million I couldn't play those stakes comfortably...I would fold to every raise and just give my money away playing scared

I know the feeling... Same here.

[NateVest]

even if I had 100 million I couldn't play those stakes comfortably...I would fold to every raise and just give my money away playing scared

Totally agree here, even if I was at an estimated worth of 100 million, the biggest games I would play would be the WSOP main event every year.

[royalpat2]

well a gambling loss in usa is tax deductible against winnings so no big deal

[NateVest]

well a gambling loss in usa is tax deductible against winnings so no big deal

Correct, your win/loss statement is your best friend during tax season if your winnings were as high as your losses because you can claim as much loss as you were taxed on winnings, so if they win more than they lose, they are definitely winning at tax time, especially at those levels. I could only imagine what my win/loss statement compared to Phil's, I am sure he didn't need to pawn anything after the game.

[elafi]

anyways its not a big problem for him he can win the next day hahaha

[DAKID777]

phil ivey is the master 1 mill aint nothing 2 him chump change lol

[EatnCreepios]

Dude, that aint shit to him, he will win that back at the craps table in 1 hour.