Team Full Tilt's Phil Ivey Wins Eighth WSOP* Bracelet

DUBLIN, June 23, 2010 /PRNewswire/ --

- Ivey Boosts Tournament Earnings to Over $13 million by Winning WSOP Event #37

Team Full Tilt's Phil Ivey has once again made poker history by winning Event #37 at the 2010 World Series of Poker*. Ivey takes home his eighth WSOP* bracelet and a payday of more than $320K in prize money, boosting his career tournament earnings to over $13.1 million.

This victory moves Ivey into fourth position on the All Time Bracelets List, level with Johnny Moss and fellow Team Full Tilt member Erik Seidel. Ivey is the youngest player ever to win eight bracelets and no player has accumulated this many bracelets so quickly. He's also number one on the All Time Money List - a position which has been strengthened by this latest victory.

One of the most revered poker professionals of all time, Ivey has dominated the World Series of Poker* starting with a first-place finish in the $2,500 Pot-Limit Omaha event in 2000 at the age of 23. Since his WSOP debut, Ivey has won seven more bracelets, cashed numerous times and made the 2009 Main Event final table, where he added more than $1.4 million to his earnings.

Event #37 was the $3,000 HORSE event which attracted a field of 478 entrants, including some of the world's best mixed-game players and bracelet winners. When play reached Day 3, there was a formidable set of opponents to beat. As the field pared down to just 16 players, Ivey was the short-stack, but by the time the final table was formed, he had fought his way to second in chips. Fellow Team Full Tilt member John Juanda was also at the final table, eventually finishing in 3rd position.

Ivey was looking strong as he entered heads-up play against Bill Chen. His opponent put up a brave battle but Ivey emerged victorious during a round of Razz. On the final hand, Chen committed all of his chips on fifth street with a made 7-6 low hand, while Ivey was in the lead with a made 6-5 low. Chen's hand failed to improve and Ivey won the title, taking home his eighth bracelet and the $329,840 prize money.

Ivey is a member of Full Tilt Poker's Team Full Tilt, an elite group of the world's best poker professionals, alongside Howard Lederer, Chris Ferguson, John Juanda, Jennifer Harman, Phil Gordon, Erick Lindgren, Erik Seidel, Andy Bloch, Mike Matusow, Gus Hansen, Allen Cunningham, Patrik Antonius and Tom 'durrrr' Dwan.

Visit http://www.fulltiltpoker.com to learn more about Phil Ivey, Team Full Tilt and all of the Full Tilt Poker pros.

About Full Tilt Poker

Full Tilt Poker(TM) is the host of a worldwide virtual poker cardroom service. It is not in the business of betting or wagering and does not participate in the games as a player. It merely provides a service to those who wish to test their skills against others for fun, prizes or money. It is duly regulated and licensed by the Alderney Gambling Control Commission. With innovative graphics, superior customer service and a safe, secure interface, the software is geared to enhance and personalize the online poker experience. Although virtual poker is legal where the games are hosted and played, it may not be legal where individual players are located. Players at all skill levels may download the software at http://www.fulltiltpoker.com but it is their responsibility to determine if participating in the games is permitted under the laws of the jurisdiction where they are located.

* World Series of Poker and WSOP are trademarks of Harrah's License Company, LLC ("Harrahs"). Harrah's does not sponsor or endorse, and is not associated or affiliated with, Full Tilt Poker or its products, services, promotions or tournaments.

SOURCE Full Tilt Poker