Phil Ivey, a Professional Poker Player

By October 17, 2019 No Comments

Love him or hate him, Phil Ivey’s wealth earned through gambling is unimaginable. His influence on the gambling world is undeniable. This professional poker player in his early 40ies is one of the most mysterious poker figures. He rarely appears in the media and leads a quiet life. However, his rise to stardom was quite dynamic and well-deserved.

The First Steps

Born in 1976, California, Phil Ivey made first steps in poker at the very early age. Namely, his grandfather started teaching him poker when he was just eight years old.  At that time, they played for pennies, as Phil explained. Little did he know that years later he would be earning millions of dollars.

Gradually, his talent flourished, and he perfected his skills. However, he got used to playing only Five-card stud poker. During his teenage years he was definitely a master among his peers. Therefore, it is not surprising that he reportedly earned a nickname ‘No Home Jerome’. Namely, Phil Ivey used to fake his ID in order to play at the casinos. Later on, when he became a pro, he earned few more nicknames – ‘The Phenom’ as well as ‘Tiger Woods of Poker’.

However, the road to becoming a professional was a long one. After high school, Phil Ivey landed a job in a telemarketing company. He quickly started playing poker with his colleagues and advanced his skills. Quickly, he took first steps in professional poker.

Becoming a Professional Poker Player

At the very beginning of his professional career, Phil was aware of the fact that he yet had a lot to learn. We have written about this phenomenon before. This is probably one of the most important things to remember. Achieving any result in any type of industry demands hard work. Becoming a professional poker player is no different. You never stop learning new stuff. Otherwise, you are done.

Either way, he lost to giants such as Daniel Negreanu, Barry Greenstein and alike. People described him as a player fond of playing too many poker hands and playing to lose.

Nowadays, Phil Ivey is the synonym of an aggressive player who eventually wins no matter what. If there is anything worth playing for, he will win it eventually. He plays both online and live poker. His net worth is estimated at more than $100 million.

Giving Back to the Community

As a true professional and a man of outstanding skills and willpower, Phil Ivey decided to share his wealth with the community. Therefore, he established “The Budding Ivey Foundation” with his mother, in honor of his late grandfather who taught him the basis of poker and opened the doors to an unimaginable potential.

Working under the belief that “One person can make a difference”, the foundation helps the ones in need. The people and children who are at risk turn to them for help.  The foundation makes no selection based on financial, educational or other circumstances. The main focus is put on children and their families and various ways they can achieve a descent life.

Do you find the story of Phil Ivey inspirational?

Leave a Reply