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Old 02-26-06, 03:03 PM
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Default Does this now confirm Ivey as the no1 player in the world.

I read this article on another site, and have permission to publish on the forum. can anyone here apart from TP imagine playing for such high stakes and imagine losing so much, does the fact that Ivey was backed change the way he played perhaps taking some chances that paid off. I would love to have some hand histories from this match.
The amounts are staggering and even 16million loss to a billionaire must hurt, perhaps not the wallet but deffinatley the ego.



Andy Beal is back at Wynn Las Vegas, and he is back playing the 'Corporation'. This time, the Corp has dusted off their cleanup hitter, and put Phil Ivey into the match with Beal.

Beal's journeys to Wynn over the last couple weeks have been the stuff of legend. Over the course of five or six days of play, Beal managed to win the Corp's initial stake of $10 million.

Reports last week indicated Beal would only come back if the Corp reloaded, and raised the stakes in the game. In fact, the stakes for this match were lowered to 'only' $30,000/$60,000, and play resumed on Tuesday morning. The prevailing speculation is that the new stakes were agreed upon once it was clear that it was Ivey that Beal would be playing.

After two days of play, Ivey has built a sizeable lead. Although reports are varied on the exact amount, all sources seem to indicate Ivey is in the lead at this point to the tune of over $6 million dollars, or about 100-110 big bets.

This is the match poker fans have been waiting for, since the reformation of the Corporation. Ivey is widely considered one of, if not the best player in the world today. This matchup has great marquee value, and if it were televised, it would draw huge ratings.

But, that's one thing that's been nice about these matches. It's not about TV, it's not about logos, or image rights, or anything else. These matches are about poker. High stakes poker.

Reportedly, this match will continue today, and Ivey is supposed to be back in the hot seat. There are rumors of the stakes going back up to the previous $50,000/$100,000 level for today's play. Good stuff, gentlemen....Shuffle up, and deal.

Then finally...

What an odyssey. Over the last three plus weeks, the story of a billionaire, and his fascination with poker has enthralled the poker world. Last night at Wynn card room, this story came to an end....at least for now.

Andy Beal got back in his plane, and flew back to Dallas after a three-day match with Phil Ivey that left Beal down some 16 million dollars. The stakes were raised yesterday, and the players played at the originally agreed upon $50,000/$100,000 limits. Ivey went on a massive heater, and won back the Corp's original stake they had lost in prior sessions. A $10 million swing...in one day. The previous two days had seen Ivey up about six and a half million dollars. Something tells me there will be some serious 'Corporate' parties around Las Vegas over the next two days. Reserve your tables at Tao, or Light now.

I'm not really sure what is left for Phil Ivey to accomplish in the poker world. As if it wasn't completely cemented prior to this, I think its safe to say Phil is playing the best poker of anyone on the planet right now. I guess Ivey has to start working on taking everyone's money, as their isn't much left to accomplish in the way of highly publicized cash games, or tournaments

Beal's departure from poker may be permanent, or it may be temporary. He reportedly left Wynn last night, and said that he was through with poker. He had announced this after the first session, but it was quickly learned that he was not done with poker, as he was back at Wynn the next morning. I'm going to guess that he won't be back at Wynn tomorrow, but I'm not convinced we've seen the last of Andy Beal.

Men like Beal are driven by challenges. The story of Beal's play over the last few weeks reminds me of the story of another billionaire. Howard Hughes became obsessed with golf for a period of time in his twenties. Hughes got to the point that he beat nearly everyone at his club, the Wilshire Country Club. When a match with legend Bobby Jones became available, Hughes jumped at the chance. After weeks of preparation by Hughes, Jones beat Hughes handily. Legend has it Hughes left his clubs next to the 18th green after the match, and never played golf again. Will that be the fate of Andy Beal? He has played the best in the world, and held his own, until he ran into the 'Phil Ivey experience'. Clearly, Beal can play, and it would be a shame if he left his lucky card marker at Wynn Las Vegas yesterday, never to return.
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Old 02-26-06, 03:15 PM
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Without doubt he's one of the top five world class players in action today. Professionals are known to be intensely confident in themselves, but the other pros FEAR him.

He was fun to rail in AC.
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Old 02-26-06, 03:44 PM
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Does anyone have any more info on "The Corporation?" I'm curious who is involved and what type of arrangement they have.
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Old 02-26-06, 04:53 PM
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Default The Corporation

The line-up varies - it depends on which pros are available and have the roll to contribute. If you guys haven't already read it, there is a fantastic entire book about Beal vs. the pros.

Professor, the Banker, and the Suicide King, The : Inside the Richest Poker Game of All Time


In addition to being about a fascinating subject, it is very well written and researched.
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Old 02-26-06, 03:47 PM
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That's insane... and ya I think Phil is def. one of the best players in the world, he's my favorite player.

I don't really get the whole "Corp" thing tho - is it like a team ?

and why would phil ivey have a backer ?
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Old 02-26-06, 03:54 PM
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i searched for names of the so called corporation and could only get,,“The Corporation” — a team of professional poker players — who aggregated their $10 million and matched it against his $20 million in a series of private sessions.

Sounds like a good way for the best pros to invest.
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Old 02-26-06, 03:56 PM
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The Corporation.

I like how the name is so generically intimidating.
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Old 02-26-06, 04:11 PM
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The more I read into this match the more outstanding I find the game, to actually lose 16million is insane,surely sitting at a tbl with this amount is not playing poker in a sence of a game. It sounds like a very rich person who wants to be known as something he really is not, yes he may be a good player but I would say this is due to his wealth and not skill level.

What would winning a tournament mean to him, I dont know but I would wager that playing against some of the best pros has thought him a lesson that skill is indeed whats needed and not just money and plenty of it.

I suppose they could not televise this match as the stakes are just that little to high between 2 players that it would do more damage for the game of poker than good.

Jennifer Harman, Todd Brunson, David Gray, and Ted Forrest were the other corporation players so I would assume that they are the fellow investors.

I can see Andy Beal now sitting infront of his computer playing in a $100 rebuy and betting allin on any 2 cards over and over again, I am glad he was beaten and even gladder if there is such a word by a real poker pro.
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