Phil Ivey down $2 million to start 2009

There is only one word to describe the way Phil Ivey played poker at Full Tilt in 2008: LEGENDARY. His play in 2009? Not so much.

After banking an estimated $7.33 million dollars in profits on Full Tilt Poker last year (and at least $2.0 million the year before that), Phil Ivey has dropped over two million dollars in less than a month and a half in 2009.

He was the second biggest loser in January (behind Tom Dwan and his incredible $3.2 million dollar loss), and is currently the biggest loser so far in February.

So far in 2009, Ivey has dropped a total of $2.087 million dollars, of which $1.1 million has been lost in February.

Obviously, this isn't the biggest sample size but Phil Ivey has never really struggled like this in the past and it will be interesting to see where it goes from here. I suspect we'll see a ridiculous run soon here and as long as Dwan is bleeding money, it won't be long until he's back to even.

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