In a case of history repeating itself, Phil Ivey has won the Aussie Millions $250,000 Challenge for the second time in three years.
Returning to the tournament scene in spectacular fashion in 2012 by taking the Aussie Millions title, Ivey managed to do it again on Monday. However, this time around he pocketed double his winnings from two years ago by banking AU$4,000,000—the largest single cash prize of his career.
The record-setting event contained 46 entrants, and Ivey was one of the few players to only fire one AU$250,000 bullet. Ivey was never top of the leaderboard, heading into Day 2 in seventh overall position with 622,000 chips, and the eight-handed televised final table in second-last position with 976,000 chips. Nevertheless, he successfully battled his way back into the mix and eventually top position.
Max Altergott was the first player eliminated from the table in eighth place. His elimination meant the remaining seven players were each on the verge of winning at least AU$500,000. Unfortunately for Erik Seidel, he just missed out with his bust in seventh place.
Seidel fell to Fabian Quoss during Level 14 after betting all in for around 15 big blinds at 25,000/50,000/5,000. With that, the remaining six players were guaranteed a payday of at least half a million Australian dollars.
After that, Tom Dwan fell in sixth place (AU$500,000), Quoss hit the rails in fifth place (AU$800,000), Daniel Negreanu was eliminated in fourth place (AU$1,250,000), and Mike McDonald busted in third (AU$1,900,000) leaving Ivey up against Isaac Haxton. Both Negreanu and McDonald were in the event for three bullets (AU$750,000) and managed to pull off a profit.
Haxton was just trying to get himself unstuck from his unsuccessful 2014 Aussie Millions run. After busting in both the $25,000 Challenge and the Main Event, and firing six bullets in the $100,000 Challenge and two bullets in this event he had racked up a total of AU$1,600,00 in buy-ins. By finishing runner-up and claiming AU$2,820,000 he managed to do very well for himself.
Haxton went into the heads-up play with the lead—6.15 million to Ivey’s 5.35 million—and even had Ivey down around the two million mark at one stage. But like the rest of the Challenge, Ivey fought his way back to the top. On the final hand, Ivey limped the button for 160,000 and Haxton had to raise all in from the big blind if he had any hope of winning. But the board sealed the deal for Ivey and Haxton was eliminated in second place.
Ivey’s win moved his total lifetime tournaments earnings to over $20,000,000 and he moved into second position on poker’s all-time money list. He also became the first two-time winner of the $250,000 Challenge, quite the feat considering the event has only run four times.
2014 Aussie Millions $250,000 Challenge Final Table Results
Finish Player Prize (AU$)
1 Phil Ivey $4,000,000
2 Isaac Haxton $2,820,000
3 Mike McDonald $1,900,000
4 Daniel Negreanu $1,250,000
5 Fabian Quoss $800,000
6 Tom Dwan $500,000
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