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Phil Ivey Takes Home the Monte Carlo Million

His Chip Lead Was Just Too Much at the Final Table

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Phil Ivey took his massive chip lead into the final table at the Monte Carlo Millions and rode it to a victory, earning $1 million.

Ivey began the final table with $2.3 million in chips and his closest competitor, Richard Herbert, had $908,000. Paul Jackson ($809,000), Marc Goodwin ($681,000), Bengt Sonnert ($582,000), Kenna James ($310,000), and John
Juanda ($160,000) rounded out the final table.

Right before the final table started, Juanda took the last seat by winning a second-chance single-table tournament, beating Antonio "The Magician" Esfandiari, Dave "Devilfish" Ulliot, Ken Lennaard, Johan Storakers, Victor Ramdin, and Jesse Jones for a chance at the million dollars.

But Ivey's chip lead was simply too much to handle. Juanda did manage to move up one place, finishing sixth and earning $125,000. The rest of the field and what they won follows: second, Paul Jackson $600,000; third, Marc Goodwin, $300,000; fourth, Bengt Sonnert, $250,000; fifth, Richard Herbert, $175,000; and seventh, Kenna James, $53,000.

The buy-in for the event was $25,000 attracting 112 players. It was the first poker tournament to take place at the Casino de Monte-Carlo.