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Phil Ivey Wins $4,000,000 at Aussie Millions $250,000 Challenge

Published on March 13, 2014 at 05:07
Written By Gavin Carter
Phil Ivey Wins $4,000,000 at Aussie Millions $250,000 Challenge

Phil Ivey has earned himself another poker fortune after winning the Aussie Millions LK Boutique $250k Challenge to take home a whopping $4 million. This big win brings his lifetime earnings up to $21,250,000 and puts him in second place on the All Time Money List behind only Antonio Esfandiari.

The tournament attracted 46 of the best poker players in the world and created a record setting prize pool. 

It was just two years ago that Phil Ivey won the same tournament, taking home $2 million at the time. The tournament now allows rebuys and the top poker pros seem to have more money than ever before with some players rebuying multiple times. In fact, Daniel Negreanu who finished in 4th place for $1,250,000 had rebought a total of three times, with the tournament costing him $750,000 to take part. The same goes for Mike “Timex” McDonald who also bought in three times, finishing in 3rd for $1,900,000. Phil Ivey’s win is even more remarkable in that he did not rebuy at all!

The cream of the crop was represented at a very exciting final table. The table included the likes of Erik Seidel, Fabian Quoss, Tom Dwan, Mike McDonald, Phil Ivey, Isaac Haxton and Daniel Negreanu.

Poker Hall of Famer and 2011 Champion, Erik Seidel was knocked out on the bubble in 7th place, getting nothing to take home for his efforts. He did place 3rd in the $100,000 High Roller event taking home $1,000,000! 

Next to go out the door was Tom Dwan, who finished in 6th place and received $500,000.

Fabian Quoss went out in 5th place, receiving a nice $800,000 pay out for his efforts.

Daniel Negreanu, who had already finished in 6th place for $550,000 in the $100,000 High Roller would then be eliminated in 4th place. He received a whopping $1.25 million.

Mike “Timex” McDonald, the runner-up of the $100,000 High Roller, won an additional $1.9 million to go with the $1.5 million that he took home just a few days before.

The action would get heads-up with online pro Isaac Haxton and Phil Ivey. Ivey would eventually emerge victorious for $4 million while Haxton won $2.8 million. 

Congratulations to Phil Ivey on another incredible tournament win!