Phil Ivey Might've Lost A Lot of Money Tonight

Phil Ivey (above) might've emptied his wallet when the Lakers lost tonight.

As we reported last week, Phil Ivey, who likes to gamble, had a vested interest in the LA Lakers vs. Boston Celtics NBA Championship series.

The rumor all over the Rio Amazon Room floor was that Ivey had $2 million dollars riding on the Lakers to defeat the Celtics (pictures of Ivey watching the game while playing poker here and actually courtside at a game here).

However today there is talk that it was a futures wager of $500,000 to win $2,000,000. Who knows. Ivey is to throwing cash around what the SEC is to college football. He's simply the best at it.

What we do know is that last time Ivey was supposedly down a lot of cash, he won the WPT LA Poker Classic. So watch what Ivey does in the $50,000 H.O.R.S.E. event next week.

More photos of Ivey watching the game tonight during the Stud/8 World Championship after the jump.