GreyCrow
TheBrownDog
- Mar 21, 2016
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- 118,210
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- Sturt, White Sox
Interested in peoples thoughts on this.
ATLANTIC CITY -- A federal judge has ruled that poker star Phil Ivey and a friend must repay $10 million they won at the Borgata in 2012 while employing a technique called edge-sorting to improve their odds.
The damages include $9.6 million they won edge-sorting while playing baccarat during four visits, plus $504,000 Ivey won at Craps with his winnings from Baccarat.
U.S. District Judge Noel Hillman had ruled in October that while Ivey and Cheng Yin Sun did not commit fraud, they did breach their contract with the casino and were liable for damages.
The breach was their failure to abide by the state's Casino Controls Act, which prohibits marking cards. While they did not physically mark the cards, they noticed and used tiny inconsistencies on the backs of the cards to tell whether high- or low-value cards were coming up, the judge said.
I have a concern over this in that the cards were not marked by either player but a flaw in the design and build of the deck. Yes, both Ivey and his friend Sun took advantage of the flaw, nor did they mention this flaw to the casino.
Myself I am not a fan of casinos and the ways they , first try and separate me from my money, but when there is a big win they think of connivance or malfunction. If the deck was poor then that was their quality control issue not Ivey and his friends.
ATLANTIC CITY -- A federal judge has ruled that poker star Phil Ivey and a friend must repay $10 million they won at the Borgata in 2012 while employing a technique called edge-sorting to improve their odds.
The damages include $9.6 million they won edge-sorting while playing baccarat during four visits, plus $504,000 Ivey won at Craps with his winnings from Baccarat.
U.S. District Judge Noel Hillman had ruled in October that while Ivey and Cheng Yin Sun did not commit fraud, they did breach their contract with the casino and were liable for damages.
The breach was their failure to abide by the state's Casino Controls Act, which prohibits marking cards. While they did not physically mark the cards, they noticed and used tiny inconsistencies on the backs of the cards to tell whether high- or low-value cards were coming up, the judge said.
I have a concern over this in that the cards were not marked by either player but a flaw in the design and build of the deck. Yes, both Ivey and his friend Sun took advantage of the flaw, nor did they mention this flaw to the casino.
Myself I am not a fan of casinos and the ways they , first try and separate me from my money, but when there is a big win they think of connivance or malfunction. If the deck was poor then that was their quality control issue not Ivey and his friends.