Up until about a year ago, Phil Ivey was commonly referred to as the world’s best poker player. However, he’s being called this a lot less now after how badly he’s played in online poker. In fact, he’s down a fortune over the past four years.
According to data from HighStakesDB, which tracks online high-roller results, Ivey has lost over $8.8 million. Here’s a look at the numbers:
2012 – 5,676 hands (Full Tilt), -$252,300
2013 – 76,301 hands (Full Tilt), -$2,441,770
2014 – 102,365 hands (Full Tilt), -$2,372,300
2015 – 126,026 hands (PokerStars), -$2,481,300
2015 – 32,737 hands (Full Tilt), -$1,250,800
You certainly can’t say that Ivey hasn’t had enough chances to right the ship because he’s played over 343,000 hands. Of course, one might give him a break since he is playing against some of the top grinders in the world. But then again, this is Ivey we’re talking about who’s held to a different standard than your average poker player.
There’s good reason for this too because the 39-year-old was once the world’s biggest online poker winner. Before Full Tilt closed in 2011 (Black Friday), Ivey was up well over $16 million. So even if the current losses are accurate, he’d still be a pretty big winner overall. We can only see assume that he’s also a huge winner in live poker games too.
Regardless of how Ivey is doing in poker these days, he’s involved in several business ventures. Specifically, he owns IveyLeague.com and also runs a sports/entertainment promotions company called All In Entertainment. So we can be sure that he’s still living the good life no matter how badly things may be going in online poker at the moment.