Casino Claims Poker Legend Phil Ivey CHEATED to win $9.6 Million at Baccarat

12th April 2014 by techadmin facebook 1 mins read Category: News

The Borgata Hotel Casino & Spa has filed a lawsuit against poker professional Phil Ivey, alleging he cheated at
baccarat
to pocket $9.6 million back in 2012.

The Atlantic City-based casino claims Ivey exploited a defect in the card design (an asymmetrical back) to register the first card dealt.

Playing the turn

Ivey allegedly facilitated the cheating by providing the faulty, Gemaco-manufactured playing cards and demanding the cards be shuffled by an automatic shuffling machine.

Together with his partner Chen Yin Sung he would instruct the dealer to flip the good cards in baccarat (6, 7, 8 and 9) a different way to the rest, so they could be detected when coming out of the chute.

NorthJersey.com’s John Brennan
offered some more clarity:

“Keeping the edges of the cards facing the same direction is the reason Ivey requested the use of an automatic card shuffler. Ivey also knew that if the same cards were not reused for each shoe, there would be no benefit to “edge sorting.” That is why Ivey requested that the same cards be reused for each shoe. The leading edge of the first card in the shoe is visible before the cards are dealt.”

Taking advantage?

The lawsuit claims that Ivey had an unfair advantage in four separate sessions between April and October 2012, where he was betting up to $100,000 per hand.

His methods would have swung a 1.06% house edge into a 6.765% edge in his favour.

Ivey is currently suing London Mayfair-based casino Crockfords after they withheld his $12.1 million punto banco (a form of baccarat) winnings because of similar edge sorting. Ivey admits to reading the cards and being an advantage player, but claims it is the casino’s responsibility to monitor faults and denied cheating.

Should advantage players be allowed to keep their winnings? Let us know!

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