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Web Poker: Phil Ivey Loses Another $600K

Poker Pro Stuck In Extended Downswing

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Poker pro Phil Ivey just had back-to-back weeks of losing $600,000.

The 10-time World Series of Poker bracelet winner lost $614,528 after 5,600 hands between last Friday and today. Ivey has so far dumped nearly $1.3 million on 2015.

He needed 3,200 hands to lose almost the exact same sum the previous week.

Last year Ivey lost $2.3 million.

Ivey was on the losing end of the largest pot of the week. In a hand of $200-$400 pot-limit Omaha against “Carlooo13”, Ivey got his entire $65,000 stack in holding the KDiamond Suit 10Heart Suit 8Spade Suit 7Diamond Suit on a flop reading 10Club Suit 6Spade Suit 5Club Suit. His opponent held the AClub Suit ASpade Suit 5Diamond Suit 3Club Suit.

Ivey wasn’t in great shape against his opponent’s aces and nut-flush draw. According to Card Player’s Omaha Odds Calculator, Ivey loses around 62 percent of the time.

The turn was the 7Club Suit and the river the 9Club Suit to give the pot to Carlooo13, who used the hand to help him/her end as the biggest winner of the week with nearly $400,000 in winnings.

Phil Galfond was second in winnings with roughly $356,000.