Phil Iveys 30 Mill in WSOP Sidebets

Written by Renee K | Tuesday, August 4th, 2009

Phil Ivey could stand to lose a whole lot more than he bargained for if he doesn’t take the gold bracelet in the World Series of Poker Main Event in November. According to several sources, Phil Ivey has made a number of extremely high side bets that he will finally take the title, so confident is he in his ability to win the crown.

If Ivey wins the competition this year, he will walk away with $8.5 million in prize money – an amount that no sane player would scoff at. But Ivey has taken his potential winning spree one step further and he has reportedly being challenging players such as Andy Bloch and Phil Gordon to bets that he will win. These two players, apparently, could lose millions if Ivey wins.

This is not the first time that Ivey has made money from his famous side bets. Rumors have it that the iconic player made a number of side bets during at least two of his games during the recent WSOP competition where he won two gold bracelets – and made a killing doing so.

If the rumors are true and Ivey’s confidence has reached super levels, he could stand to make up to $30 million off his side bets and winnings by taking the WSOP 2009 title.

At the age of 33, Ivey has won multiple WSOP bracelets as well as millions of dollars in prize money. After achieving his biggest wish to finally make the WSOP final (something that he came very close to doing several years back by be placed tenth), his next target is the crown itself.

Ivey won $1.25 million for making the final table, moving into third place on the list of players who have made the most money playing professional poker with his $11.47 million in total.

“So far, I’ve just made the final table, which is a pretty big accomplishment,” said Ivey, after winning his place. “Winning it would be the top of the line for me. I can taste it now… I’m right in the hunt.”

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