Phil Ivey once again proved why he is considered as the best poker player in the world. Ivey just took down the WSOP Event #37, $3,000 H.O.R.S.E, and won his eight WSOP bracelet.
Bill Chen had a commanding 3.3 million to 1.0 million chip lead heading into Heads Up play, but Ivey managed eventually to outmatch Chen, and take the title home.
The final hand:
"On the final hand of the tournament, Chen brought it in with a deuce and Ivey completed an ace. Chen then raised and Ivey re-raised. That's where Chen stopped and motioned to TD Bob Smith.
'I have a question,' said Chen. 'How many raises are we allowed?'
'Heads-up, as many as you like,' Smith replied. Chen then put in the next raise, which Ivey just called.
Both players caught babies on fourth street. Ivey was slightly better and bet the lead. Chen called. The situation repeated itself on fifth street. Ivey bet, Chen raised, Ivey re-raised and like that Chen was all in. The reveal showed an ugly situation for Chen:
Chen: A-5 / 2-7-6, a made 7-6
Ivey: 3-5 / A-6-2, a made 6-5
Improbably, each player started three to a wheel and made a strong low in 5. Ivey's was stronger and left Chen looking for a 3 just to chop the pot. Each player drew a 7 on sixth street, no help. Down the river, Chen pulled a 10, which was no help. Ivey, because he's Ivey, obviously pulled an unnecessary 4 to end the tournament in style with a wheel."
Event #37: $3,000 H.O.R.S.E (entries 478):
Phil Ivey $329.840
Bill Chen $203.802
John Juanda $129.553
Kenneth Aldridge $93.418
Jeffrey Lisandro $68.417
Dave Baker $50.871
Albert Hahn $38.391
Chad Brown $29.406
All Ivey's WSOP bracelets:
2000 $2,500 Pot Limit Omaha ($195.000)
2002 $2,500 7 Card Stud Hi/Lo ($118.440)
2002 $2,000 S.H.O.E. ($107.540)
2002 $1,500 7 Card Stud ($132.000)
2005 $5,000 Pot Limit Omaha ($635.603)
2009 $2,500 No-Limit 2-7 Draw Lowball ($96.367)
2009 $2,500 Omaha Hi/Lo / 7 Card Stud Hi/Lo ($220.538)
2010 $3.000 H.O.R.S.E. ($329.840)
Phil Ivey earned almost $330,000 for his win, but thanks to the side bets the amount he won must be much more. Hopefully we hear soon more about how much the bracelet was actually worth to Ivey.