Phil Ivey is a professional poker player who was involved in an legal dispute with the Crockfords Casino in London over the use of a technique called "edge sorting" while playing a form of baccarat known as Punto Banco.
Edge sorting involves exploiting imperfections on the backs of playing cards to help determine their value. Specifically, Ivey and his playing partner were able to distinguish the value of certain key cards by observing subtle patterns on the backs caused by manufacturing flaws.
By orchestrating certain conditions at the casino, like requesting a specific kind of playing cards and having an accommodating dealer, Ivey was allegedly able to use this knowledge to gain an immense advantage over the house in Punto Banco games played in 2012.
Edge sorting involves exploiting imperfections on the backs of playing cards to help determine their value. Specifically, Ivey and his playing partner were able to distinguish the value of certain key cards by observing subtle patterns on the backs caused by manufacturing flaws.
By orchestrating certain conditions at the casino, like requesting a specific kind of playing cards and having an accommodating dealer, Ivey was allegedly able to use this knowledge to gain an immense advantage over the house in Punto Banco games played in 2012.