Last year Phil Ivey beefed up his motivation for the WSOP by numerous side bets, and it turns out this year is no exception. During the WPT Championship Daniel Negreanu revealed some details about a huge bracelet bet between Ivey and Howard Lederer.


The two Full Tilt Poker owners have placed a 1:1 bet on whether Ivey can win at least two WSOP bracelets in total by the end of 2011. Stake: 5 million dollars.

ivey will probably play around 80 events this and next year which would mean he thinks his chances of winning an average WSOP event are better than 40:1. Apparently Lederer does not think so, or he thinks that the publicity created by the most popular player on FTP is worth the risk. And the railbirds definitely won't mind seeing a very motivated best-player-in-the-world at the WSOP.

Last year Ivey won two bracelets within a week, and at the WSOP 2002 he took down three events. All in all he has seven bracelets.

Source: Pokerlistings.