When it comes to strategy tips for the 2023 World Series of Poker (WSOP), you really want to be hearing from the absolute best in the business.

So how does getting to hear from ten-time WSOP bracelet winner Phil Ivey sound? Ivey’s cashed for over $9.2 million at the WSOP alone, and although he hasn’t picked up a bracelet since 2014 he’s still considered one of the greatest to ever play the game.

He’s currently tied for second in the all-time bracelet list with 10 alongside Johnny Chan and Doyle Brunson, with only Phil Hellmuth having won more bracelets (15).

Bankroll Management is Key

With almost 20 years of experience playing at the World Series of Poker – Ivey first cashed at the 2000 WSOP – the poker legend recognizes just how arduous playing at the Series can be.

“It’s a long thing so pace yourself,” he told Joey Ingram in a 2021 interview. “It’s a grind.”

One of the things that Ivey stressed is not to “play over your head.” That is, to play within the bankroll you have available, or the budget that you have set to play with at the World Series of Poker. That way you can enjoy the tournament, and aim for success and glory while still being able to enjoy it.

“Playing over your head puts yourself in a bad place financially,” says Ivey. “It doesn’t have to be that way. If you’re new to poker, it can be an enjoyable game and can be a great hobby to have. If you don’t go overboard, pace yourself and move up in stakes at the right time it will be a much more enjoyable experience.”

Ivey says bankroll management goes hand in hand with the ability to enjoy yourself. And that way you’ll be able to make it through the whole Series.

Prioritize What’s Important

“There’s no greater teacher than experience.”

With so much experience, Ivey says it’s important to prioritize what’s important to you and what really matters. That way, you can put yourself in the best position possible to excel not just at the World Series of Poker, but in poker in general.

And if something matters to you, it’s important that you give it your full attention. That applies to stuff off away from the poker tables as well, says Ivey.

“It’s important to have a routine, exercise or food. It’s important who you surround yourself with. I actively pursue relationships with people instead of just being by myself.”

“If poker really matters, then that’s what you’re naturally going to be doing,” says Ivey. “There’s no greater teacher than experience.”

Phil Ivey’s WSOP Strategy Tips

So there you have it! Some WSOP strategy tips from the legend himself. To recap, here are the three main tips that Ivey has for playing at the World Series of Poker:

You can watch Ingram’s full interview with Ivey here!

Will Shillibier is based in the United Kingdom. He started working for PokerNews as a freelance live reporter in 2015 and joined the full-time staff in 2019.

He graduated from the University of Kent in 2017 with a B.A. in German. He also holds an NCTJ Diploma in Sports Journalism.

There are thousands of casual poker fans who take a stab at World Series of Poker (WSOP) events each year, some even just randomly stumble in and think, “Wow, this looks like fun,” so they ante up. Most of the time, those players enter $1,500 and below buy-in tournaments.

And then there is Dustin Bailey, who, more or less, decided to just randomly enter Event #40: $250,000 Super High Roller, the most expensive bracelet event of the summer. Not only was the unknown poker player spending enough to buy a condo in most Las Vegas neighborhoods to compete in just one poker tournament, he chose an event that featured some of the game’s best, such as Phil Ivey and Alex Foxen.

On Day 1, Bailey not only stepped into the arena against a field of 69 poker superstars, he bagged the chip lead. Heading into Day 2, PokerNews caught up with the “unknown” to find out his story and why he entered the tournament in the first place.

“I Don’t Really Follow Poker”

Prior to speaking with Bailey, who said he’s in the “oil and gas” business mostly and also has some side investments, we did a bit of research on him to see if we could find some info on his poker background. Here’s what we found — nothing. He’s the ultimate unknown poker player and there’s a reason for that.

“To be honest, I really don’t follow (poker) that much, sorry,” Bailey said with a laugh.

There are no Hendon Mob results for Bailey and, according to the high roller who lives in Dallas, Texas, he hasn’t played much poker at all.

“When I was in college, I enjoyed playing some cash games back home in Dallas, but other than that, not much poker at all,” Bailey explained.

Bailey, who said he wasn’t familiar with the stars he was facing in the Super High Roller — not even Ivey or Phil Hellmuth — told us how he ended up playing in the first place.

“I don’t know if there’s a good story,” he said. “I just like to gamble and I don’t have the patience to sit through a $10,000 tournament for seven or eight days, so I talked my wife and kids into coming out with me (to Las Vegas) and letting me play in this one for Father’s Day.”

The no longer anonymous player who was stacking chips left and right during Friday’s Day 1 session wasn’t even planning to come out to Las Vegas until last week. With Sunday being Father’s Day, he decided it would be fun to travel out to Sin City with his family, have a nice relaxing weekend, and put down a $250,000 wager on himself beating out a brutally tough field of poker giants.

“I was like, well, it’s the biggest tournament that they have so I thought I’d try it,” he continued.

Bailey admitted he didn’t expect to have so much success on Day 1 because “I figured I was playing all the sharks.”

Those sharks would end up taking all of his chips on Day 2, however. He busted in 19th place and only the top 11 are paid (first place will earn $5,293,556), but at least he has an interesting story to tell about his experience. A very expensive story.

Follow the Super High Roller Action at PokerNews

Day 19 at the 2023 World Series of Poker was an unusual one with no bracelets being awarded at Horseshoe and Paris Las Vegas. This was largely because the Event #38: $10,000 Limit 2-7 Triple Draw Championship — due to crown a champion on Day 19 — had heads-up play bumped until Day 20 (June 18).

Two other tourneys made moves through their middle phases. Event Event #39: $1,500 Monster Stack played out its Day 1b, while Event #40: $250k Super High Roller did the same for its Day 2.

Day 19 of the 2023 WSOP also saw competition for the first-ever Big O bracelet begin, with an impressive 1,458 entries in the prize pool for the inaugural Event #41: $1,500 Big O.

Benny Glaser Stands Between Oscar Johansson And The Lowball Bracelet

Yet another final table at this was extended another day when the tournament director checked heads up play between Benny Glaser and Oscar Johansson, pushing it to tomorrow.

Among the big names that fell on Day 3 were David “Bakes” Baker, Michael Rodrigues, and Julien Martini.

Johansson has been here before with two WSOP lowball final tables including a 2nd place finish in 2018’s $1,500 2-7 Lowball Draw tourney. However, Glaser is in good shape to win his fifth bracelet tomorrow. The Brit has a significant lead over Johansson, having bagged 4,940,000 in chips to Johansson’s 2,860,000.

The pair face off over a $311,428 first place prize and the bracelet for Event #38: $10,000 Limit 2-7 Triple Draw Championship starting at 2 p.m. local time.

Event #38: $10,000 Limit 2-7 Triple Draw Championship End Of Day 3 Final Table Results

Tinay Aksoy Leads Monster Stack Event After Day 1b

Day 1b of Event #39: $1,500 Monster Stack saw another 4,375 entries join the field. This makes for a total field of 8,318 and a prize pool of $12,477,000.

At the end of the day, Tinay Aksoy (795,000) bagged biggest, putting Day 1a’s chip leader Pavlin Karakikov (593,500) in the shade.

Some other big name survivors from Day 1b are Christian Buerger (735,000), Kathy Liebert (575,000), Dylan Lambe (506,500), and Antoinette Leblanc (590,000).

The combined Day 2 field will be made up of 2,715 survivors. They will be split between Horseshoe and Paris Las Vegas when they reconvene for a 10 a.m. local time start on June 18.

Day 1a & 1b Combined Top Ten Chip Counts

First Ever Big O Bracelet Event Shuffles Up

Big O just got bigger, with the first-ever bracelet event in that discipline kicking off today. Event #41: $1,500 Big O drew in a field of 1,458 for a $1,946,430 prize pool.

Xu Zhu (570,000) leads the field with several big names in hot pursuit. Among the survivors of Day 1 are Ari Engel (432,000) and Johnny Chan (147,000), looking for his 11th bracelet. They are joined by Bruno Fitoussi (380,000), Robert Williamson III (212,000), Andrew Brown (166,000), and Jeff Lisandro.

Play resumes at 1 p.m. on June 18 in the Horseshoe. Blinds will start at Level 18 — 5,000-10,000 with a 10,000 big blind ante.

Event #41: $1,500 Big O End of Day 2 Top Ten Chip Counts

Phil Ivey Is Bubble-Boy in $250k High Roller

Phil Ivey was knocked out of the $250k Super High Roller right on the final bubble. Ivey’s elimination brought Day 2 of the event to a close. Ivey was the last of 36 players who made it to Day 2.

He left behind a final table that includes Chris Brewer, Chance Kornuth, Artur Martirosian, and Dan Smith. They will return tomorrow at 2 p.m. local time, with PokerGO broadcasting the action live starting at 5 p.m.

Read more about Phil Ivey’s Super High Roller run

2023 WSOP $250,000 Super High Roller Final Table Chip Counts

What To Look For On Day 20

Day 20 (June 18) at the 2023 WSOP will see two new events start. Event #42: $800 8-Handed No-Limit Hold’em Deepstack and the prestigious Event #43: $50,000 Poker Players Championship will both shuffle up and deal.

Event #39: $1,500 Monster Stack No-Limit Hold’em and Event #41: $1,500 Big O will both continue, starting their Day 2s, while Event #40: $250,000 Super High Roller No-Limit Hold’em will complete heads up play and crown a champion.

There will also be two online bracelet events Online Event #6: $500 No-Limit Hold’em Turbo and Online Event #7: $500 PLO 8-Max.

Day 2 of the $250,000 Super High Roller at the 2023 World Series of Poker started with a scoop hot off the press, and finished off with another corker of a story.

Just before play began today, Jason Koon had his stack pulled from the largest buy-in event of the summer after he received word that his wife was in labor with their second child. And just before play closed for the night, Phil Ivey bubbled the six-figure buy-in event.

Ivey, who finished in seventh place in last year’s instalment, was the final player to leave empty-handed after his stack was claimed by the polarizing Martin Kabrhel.

Setting the Scene

The ten-time bracelet winner had a solid start to the second stage of the Super High Roller, ousting Mikita Badziakouski early on to see his chip count eclipse the 5 million mark. It also put him in the upper echelons of the chip counts, but by the time the bubble came around, Ivey was a short stack. 2022’s runner-up Brandon Steven was the only player separating ‘No Home Jerome’ from the bottom of the counts until he won a flip to get a day saving double up.

Ivey, on the outer table, put in his last 20 big blinds with A♥3♥ from the button and ran into the Q♠Q♣ held by Kabrhel.

Ivey only had some backdoor flush possibilities on the J♥7♠7♦ flop as well as his overcard to leave Kabrhel way out in front. The 6♠ turn and 3♠ river marked the end of his journey while leaving everyone else at least $411,490 better off.

Kornuth Leads Final Nine in $250,000 Super High Roller

Ben Heath and Alfred Decarolis were the only two to depart after Ivey’s exit. Day 2 closed with nine remaining as the tournament’s conclusion is being decided on Sunday, June 18, at Horseshoe and Paris, Las Vegas. The action kicks off at 2 p.m. local time, and cards-up coverage will be available on PokerGO from 4 p.m.

Holding the chip lead is Chance Kornuth, who makes his third final table of the series. The Chip Leader Coaching co-founder has already amassed more than $1.5 million in WSOP cashes this summer, and the minimum he will walk away with tomorrow will be $478,663.

The $5,293,556 up top is the largest first-place prize of the summer so far and is $729,856 greater than what Alex Foxen received for winning the same event 12 months ago. Coincidentally, Foxen is the other half of Chip Leader Coaching and found himself in the same position as Kornuth the previous year. He went wire-to-wire to claim his first WSOP bracelet, and now the question is whether Kornuth can do the same for his fourth.

Be sure to stick with the PokerNews live updates to find out how this enthralling event plays out.

2023 WSOP $250,000 Super High Roller Final Table

Editor & Live Reporter

Calum has been a part of the PokerNews team since September 2021 after working in the UK energy sector. He played his first hand of poker in 2017 and immediately fell in love with the game. Calum’s proudest poker achievement is winning the only tournament he has ever played in Las Vegas, the prestigious $60 Flamingo evening event.

It took three full days to find a winner in Event #37: $2,000 No-Limit Hold’em and China’s Yuan Li emerged as the latest 2023 World Series of Poker bracelet winner inside Horseshoe and Paris Las Vegas.

Li defeated Jonathan Camara in heads-up play for $524,777 and his first career bracelet.

The event, which ran for the second year in a row at the WSOP, drew 1,962 runners and generated a prize pool of $3,492,360.

Li, who has over $1.5 million in tournament earnings, came into the day in pole position and stayed atop the leaderboard for much of the day. Once on the final table, Li kept his foot on the gas pedal until eventually being crowned the champion.

Event #37: $2,000 No-Limit Hold’em Final Table Results

Similar to last year, this tournament attracted some of the biggest and best players in the world. Notable names fortunate enough to make a deep run included 2009 WSOP Main Event champion Joe Cada (43rd, $12,807), three-time bracelet winner Jim Collopy (40th, $12,807), PokerGO’s Donnie Peters (47th, $10,753), and four-time WSOP bracelet winner Dominik Nitsche (172nd, $4,002).

Final Table Action

The unofficial final table kicked off as a ten-handed affair, and it didn’t take long for the first elimination to take place. Darryl Ronconi came into the final table as the shortest stack and was almost all in from the big blind. Jeremy Joseph raised to cover Ronconi’s stack from the small blind, and Ronconi tossed in his last few chips to make the call. The runout did not help Ronconi, and he was sent to the exit in tenth place.

Shortly after, Frank Weigel was on a short stack and moved in with ace-deuce. Pavels Spirins made the call with pocket tens. The board ran out jack-high, marking the end of the road for Weigel.

The remaining eight players took an extended break for the PokerGO team to set up their live stream cards-up coverage. Once everything was up and running, Yuriy Boyko picked up ace-king and was all in against the ace-nine held by Mark Seif. Boyko looked poised for a double, but the board ran out with four hearts for Seif to make a flush.

2023 World Series of Poker Hub

Bookmark this page! All you need to know about the 2023 WSOP is here.

James Kraetz moved all in for around ten big blinds with king-nine suited and was called by Patrick Truong, who woke up with pocket jacks. The pocket pair held out to bring to the tournament to its final six players.

Seif, who was chip leader for some of the day, found himself on a 12-big blind stack and called a preflop raise with ten-nine suited from Joseph, who held queens. The flop came nine-high, and all the chips hit the middle. Seif could not improve on the turn and river and departed.

Within the same orbit, Truong was on the wrong side of a preflop cooler after he ran his ace-king into Li’s pocket aces. Li’s conquest to the bracelet then inched closer after he rivered a flush to crack Joseph’s pair of queens after the chips piled in on the flop.

Spirins was the next to leave after his dominated ace could not leapfrog Camara’s ace-jack to set up heads-up play.

The battle between Li and Camara started almost even in chips and was 70 big blinds deep. Play went back and forth for a long time until Li picked up pocket jacks and had Camara shove into him with pocket eights. After the board ran out with a full house for Li, Camara had only a single T-25,000 chip left.

On the final hand of the night, Li secured the win when his ten-nine and held up against his opponent’s seven-six to secure the victory.

On the latest PokerNews Podcast episode, Chad Holloway and Jesse Fullen continue The Chad & Jesse Poker Show straight from the 2023 World Series of Poker (WSOP).

They are joined by GGPoker Ambassador Jason Koon, who took some time before jumping into the 2023 World Series of Poker (WSOP) $250,000 Super High Roller.

Koon talks about expecting his second child, and as fate would have it, the day after recording his wife went into labor and he had to pull out of the aforementioned tournament. In addition to sharing what it’s like being a family man, Koon discusses integrity in poker, his personal goals, and a never-before-shared prop bet he has with Bill Perkins.

Koon, who currently sits fifth on the all-time poker money list according to The Hendon Mob with nearly $48 million, also discusses his love of poker history, shares a Doyle Brunson story, and just opens up about poker and life. Don’t miss your chance to hear from one of the best.

Chad and Jesse then do a new “Calling the Clock” segment in which they offer quick two-minute dialogues for topics on “The Board.”

Here’s a look at this episode’s topics:

• Failed Texas Poker Bill
• Ben Lamb wins 2nd bracelet
• Phil Hellmuth & Daniel Negreanu make runs
• Wild AA v KK v KK v QQ hand
• Mike Holtz WSOP.com Online POY?
• John Monnette captures bracelet No. 5
• $50K PPC starts Sunday
• Shaun Deeb wins his sixth WSOP gold bracelet

Listen to those stories and more on the latest episode of the PokerNews Podcast!

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Executive Editor U.S.

Executive Editor US, PokerNews Podcast co-host & 2013 WSOP Bracelet Winner.