Update: Phil Ivey to buy-in for $10 million poker tourney

It has just been learned that Phil Ivey, the recent winner of the Monte Carlo Millions and the Full Tilt Poker Invitational tournament, will be one of the six participants in the Mansionpoker.net Pokerdome Series’ $60 million main event.

The $10 million buy-in for the poker event will make it the largest single payday in the history of sports for the fortunate winner. Ivey and the other five players, to be named at a later date, will be dueling it out down under in Melbourne’s Crown Casino.

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Tue, December 13th, 2005

Related Poker Tournaments News:

Poker lingo:

  • HOOK - A Jack. So named because the "J" resembles a hook.
  • WALK - A pot won by the last blind when no one opens.
  • ROYAL FLUSH - An ace-high straight flush, the best possible hand in regular poker.
  • POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
  • POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
  • POT - The total amount of money bet so far in a hand.
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