In one of the "so crazy it must be true" stories coming out of the 2009 World Series of Poker television coverage comes this story from last night's ESPN coverage: Phil Ivey mucks a winner. With just 26 players to go, Phil Ivey was in a heads up showdown with 2.5 million in the pot. Here's how the hand played out:

Phil Ivey could not catch a break on Day 8 and when he did, he mucked the winning hand. In the sure-to-be-legendary hand in question, Ivey opened pocket eights from under-the-gun for 320,000. The action folded around to Jordan Smith, who three-bet to 1,000,000 straight from the big blind. Ivey called and they saw a flop. Both players checked and the fell on the turn. Check-check again. The river was the -- check-check a third time. Smith opened up his for aces up, but Ivey mucked his spade flush, clearly not realizing he held the .

If it turns out that Phil Ivey doesn't win the bracelet in this 2009 World Series of Poker Main Event, this could turn out to be exactly why. A small mental mistake could end up costing Ivey literally millions of dollars.

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