Either London's Crockfords Casino drew out on Phil Ivey in a High Court in London this week, or he was playing a fouled hand. Ivey lost the decision when Judge John Mitting ruled that Ivey's "edge sorting" technique constituted cheating under civil law. Crockfords Casino withheld £7.7 million ($12.4 million) in Punto Banco winnings from the poker pro in 2012.
Punto Banco is a form of baccarat and Ivey used a technique called "edge-sorting" to gain an advantage over the house. He won £7.7 million in August 2012, but the Genting-owned casino refused to pay. With no resolution in sight, Ivey filed a lawsuit claiming his methods were legal May 7, 2013, with the High Court in London.
On Monday Ivey was in London at court claiming he was unjustly treated. The decision was reached by Mitting on Wednesday.
"He gave himself an advantage which the game precludes," Mitting said, according to Bloomberg Businessweek. “This is in my view cheating.”
Obviously Ivey was not happy with the decision and voiced his disappointment through a spokesperson after the ruling was delivered.
"I believe that what we did was a legitimate strategy and we did nothing more than exploit Crockfords' failures to take proper steps to protect themselves against a player of my ability," Ivey said. "Clearly today the judge did not agree."
Attorneys for Ivey did not receive permission to appeal the verdict, their option would be to renew the application through the Court of Appeals.
Our question: If Ivey cheated according to the judge, will he face criminal charges for cheating in a casino?
Image courtesy of PokerNews.com.