Phil Ivey Wins Bracelet #7

Published on June 14th, 2009 3:43 am EST

Bracelet #2 of the 2009 World Series of Poker, bracelet #7 overall.

Phil Ivey did it again early Sunday morning, taking down his second event of the 2009 World Series of Poker.

Ivey started off his run at the 2009 WSOP by taking down the $2,500 Deuce to Seven Draw Lowball event.

Tonight, Phil was able to add to his growing collection of bracelets by winning the $2,500 Omaha/Seven Card Stud Hi/Lo 8/b tournament.

376 players initially registered to play in this tournament, but in the end, only one was left standing - Phil Ivey.

There were a couple of other very strong poker players at the final table, including the likes of Carlos Mortensen, Dutch Boyd and Jon Turner.

In the end though, Ivey was able to power through his opposition en route to the $220k first place prize.

There was little doubt that Phil was going to take down his seventh bracelet when he got heads-up with Ming Lee. No offense to Lee, but beating Phil Ivey in a heads-up match, especially when there is a bracelet on the line, is a nearly impossible task.

Ivey will rake in millions of dollars from this victory.

When Phil took down his first bracelet this year, it was rumored that he had won an additional $3 million dollars in side bets with various other poker pros.

Assuming that those bets were still in effect, Ivey will stand to clear millions more from his victory tonight.

All told, you can safely assume that Phil Ivey has earned north of $5 million dollars in bracelet side bets so far this year.

He is also looking very strong for any POY side bets that he may have, as he will move near the top of the WSOP POY race with his win tonight.

There is still a great deal of poker left to be played in the 2009 World Series of Poker - can Ivey match his feat from 2002, and win himself a third bracelet this year?

As mentioned, this is bracelet #7 for Ivey. It's interesting to note that none of these seven bracelets have come in a Hold'em event. This just goes to show how well-rounded of a poker player Phil Ivey is.

Needless to say, there are probably some very upset pros tonight who will have to cough up even more money to Ivey to settle their bracelet bets.

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Filed Under: The World Series of Poker