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Saturday, August 1, 2009

How much will Phil Ivey make if he wins the WSOP Main Event?

This year's WSOP was quite a successful venture for Phil Ivey. In addition to picking up two WSOP bracelets and winning untold millions in side games Phil Ivey could be set up for one of the biggest paydays in poker history.

First prize for the WSOP Main Event will be $8,546,435. It's also rumored that Full Tilt Poker will pay the winning player $10,000,000 if they qualified on the site. Assuming the offer still holds for Ivey as sponsored player that would make his total take $18,546,435.

But wait, there's more.

He also has an outstanding sidebet with Andy Bloch that will add another $2,000,000 if he wins the Main Event. He also has bets out with Phil Gordon which Gordon has claimed would be very painful if he had to write the check if Ivey wins. There's also another $1,000,000 bet Ivey has with Tom Dwan.

And that is on top of the $5,000,0000 bet he has with Howard Lederer that Ivey can grab 2 more bracelets within the next three years. Of course, Ivey already one one bracelet after making the bet so the WSOP Main Event would make his bet a winner.

So all in all, Ivey has a potential $26,546,435 riding on his winning the WSOP Main Event. That doesn't even include the Phil Gordon bet which is for an undisclosed sum.

Ivey on a Roll. Up Another $750K

As if winning two WSOP bracelets, a seat at the final table of the WSOP in Nov, and making millions in side bets and cash games during the WSOP wasn't enough, Phil Ivey decided to hit the virtual felt at Full Tilt Poker this week and cleared $750K for his efforts.