Superstar poker player Phil Ivey likes to take huge chances for massive amounts of money. Poker fans know well his willingness to put millions of dollars into a pot. And he isn’t shy about playing mini-baccarat for stunning limits, as he famously (or infamously) did very profitably in 2011 and 2012 at casinos in Atlantic City and London, with the help of an advantage play known as “edge sorting.”
So last week’s filing by Borgata to the U.S. Third Circuit Court of Appeals for a mere $250,000 constitutes a “low-stakes game” in Ivey’s world.