Posts Tagged ‘Championship’

PokerStars Championship Monte Carlo: Bryn Kenney Leads Super High Roller, Main Event Begins Saturday

 PokerStars Championship Monte Carlo: Bryn Kenney Leads Super High Roller, Main Event Begins Saturday

The sun has set on the beautiful Mediterranean coastline of Monte Carlo for another evening and, with the coming of night, another day is in the books for the PokerStars Championship Monte Carlo. In the 100,000 Euro Super High Roller, Bryn Kenney heads the list of the final nine players while the remainder of those in Monaco for business prepare for the start of the Main Event on Saturday.

With 38 players remaining at the start of the day, four more entries were received to bring the final numbers of the Super High Roller to 61 total entries. The four players – Alexander Uskov, Nick Petrangelo, Leon Tsoukernik and Dietrich Fast – had all busted out previously on Thursday, but they took advantage of the re-entry option to dive back in on Friday (and keep the number of singular entries to 47). Even with another 300K in chips to go to battle with, none of the re-entries from the start of action on Friday would be around by mid-afternoon.

Most of the eyes in the Monte Carlo Casino’s poker room were glued to actor/comedian Kevin Hart at the start of action. Hart, who participated in the first-ever PokerStars Championship offering in the Bahamas and made Day Two of the Super High Roller, was in much better shape as he started the Monte Carlo Day Two. Alas, Hart was unable to make his 396,000 do any work for him as he demonstrated a bit of amateur play on the hand that broke him.

After limping into the pot, Hart saw Byron Kaverman move all in and called off the remainder of his stack. Hart was in the lead with his pocket sevens over Kaverman’s A-4, but “conventional play” would have dictated that Hart would have pushed with his middle pair rather than call off his chips. Regardless, Hart was all in and at risk as Kaverman was rewarded with two Aces on the flop to take the lead. Hart struck back, however, when a seven came on the turn to magically thrust him back in front with a boat. Just as quickly, a four came on the river to give Kaverman the most unlikely of full houses, Aces over fours, to top Hart’s turned full house and send the star of Central Intelligence back to the set with no payday.

Although tournament officials would have liked to have seen the money bubble pop (eight players taking home some cash), they would have to settle for coming up just short. Nine players will come back on Saturday to first determine who will get paid (it isn’t looking good for David Peters, on the short stack with 800K in chips) and then who will walk off with the top prize of 1,784,500 Euros. As it looks right now, Kenney is in the catbird’s seat for that potential payoff.

1. Bryn Kenney, 3.37 million
2. Viacheslav Buldygin, 2.975 million
3. Steffen Sontheimer, 1.91 million
4. Martin Kabrhel, 1.63 million
5. Isaac Haxton, 1.26 million
6. Ole Schemion, 1.25 million
7. Sam Greenwood, 1.15 million
8. Daniel Dvoress, 950,000
9. David Peters, 800,000

To say that Kenney has made a living off High Roller tournaments might be the understatement of 2017 (and we’re not even halfway through the year). Of his 16 cashes in tournament poker this year, 12 of them have come in tournaments with a buy-in higher than $ 25,000 and six have been in the Aria High Roller series. Eight of those cashes have been for six figures, with the highest being Kenney’s win at the PSC Bahamas $ 50,000 High Roller (just under a million at $ 969,075).

When the tournament restarts on Saturday, one man is going to be pissed because he will receive nothing for three days of work. The remainder of the final table will receive six-figure paydays and the champion walks off with 1.7 million-plus Euros, not a bad way to start the Monte Carlo leg of the PokerStars Championships.

While these nine men do their work tomorrow, the first day of the Main Event will open for action. The 5000-Euro tournament, when it was under the auspices of the European Poker Tour, marked the end of the European tournament season and awarded the Grand Final trophy to its victor. Now, the Monte Carlo stop is simply another leg in a tournament poker season, so expecting it to bring in the 1098 entries that came out for the 2016 version might be asking too much.

PokerStars officials are expecting better attendance than the last two PSC events in Panama (366 entries) and Macau (536), but it will push the envelope to reach the 738 entries of the PSC Bahamas. At noon local time (6AM East Coast), we’ll get our first indications of just how big the PokerStars Championship Monte Carlo might be.

Poker News Daily

PokerStars Championship Monte Carlo Underway with High Rollers Tournament Starting

 PokerStars Championship Monte Carlo Underway with High Rollers Tournament Starting

After mixed results from their two previous stops in the Bahamas and Panama, the PokerStars Championship has churned on to one of the wealthiest places on Earth (the net worth of an average household in the city? $ 437,031), Monte Carlo, and the Monte Carlo Casino. The €100,000 Super High Roller tournament started on Thursday while a €10,000 tournament with a surprisingly low number of players wrapped up.

That €10,000 tournament was a bit of a surprise. Only 110 players made an appearance in the tournament, but the price tag of the event ensured they would be playing for a million-dollar prize pool (€1,067,000, to be exact). After battling through a field that included former World Champion Ryan Riess (who started the day as the chip leader), Luc Greenwood, Steve O’Dwyer, and Koray Aldemir, Ole Schemion was able to defeat Murad Akhundov to win the championship. While Schemion picked up a nice €274,750 score, the lack of numbers in the tournament might have been of concern to the PokerStars brass.

Those fears were somewhat allayed by the €100,000 Super High Roller. 47 players have come out for the tournament – and nine of them have re-entered the event – to put themselves in a €200,000 hole to start the PSC Monte Carlo. One of those who rebought in the tournament was Daniel Negreanu, who at least made the most of it by finishing the day in second place. Negreanu, who isn’t afraid to put some rebuys into a tournament, didn’t have to go beyond his second bullet after doubling through Dan Smith and chopping some more chips off Christoph Vogelsang to reach his apex for Day One.

PokerStars once again is welcoming actor/comedian Kevin Hart into the fray in Monte Carlo. Hart was a surprise appearance in the Bahamas back in January but didn’t show up in Panama for any of the tournament schedule in Central America. While Hart didn’t perform very well in the Bahamas, he will be around for a second day in Monte Carlo. On his second bullet like Negreanu, Hart would be the beneficiary of pocket Aces twice to keep his stack healthy. He also secured a seat to start Day Two on Friday, but not as a member of the Top Ten.

Leading the way for those that have VERY deep pockets is Daniel Dvoress, who more than tripled his starting stack to claim the lead dog honors in the Super High Roller:

1. Daniel Dvoress, 907,000
2. Daniel Negreanu, 864,000
3. Viacheslav Buldygin, 827,000
4. Ali Reza Fatehi, 770,000
5. Steve O’Dwyer, 676,000
6. Steffen Sontheimer, 661,000
7. David Peters, 591,000
8. Igor Kurganov, 516,000
9. Stefan Schillhabel, 505,000
10. Charlie Carrel, 443,000

The remainder of the 38 players in the tournament at this mark brings you the usual suspects that you’ve seen in Super High Roller tournaments. Dan Colman just missed making the Top Ten (432,000, eleventh place) and Hart, as previously stated, is in the mix (396,000, thirteenth). Bryn Kenney (429,000, twelfth), Fedor Holz (366,000, fourteenth) and Sam Greenwood (364,000, fifteenth) are all within shooting distance of the Top Ten, while Mustapha Kanit (104,000) and Stephen Chidwick (117,000) are a couple of players who have their work cut out for them.

The Super High Roller players aren’t sure yet what they are playing for as late entry and reentry for the tournament will be open until the cards fly on Friday at 12:30PM (Monte Carlo time, 6:30AM East Coast time). On Saturday, the €5000 Main Event will begin, facing a tough task in trying to improve on the Bahamas while not falling below what Panama did. Wrapping up the weekend will be the start of the €50,000 Single Day High Roller, which will draw the “big money” out once again. Finally, the €25,000 High Roller begins on Wednesday (May 3) and will conclude with the final table of the Main Event on May 6.

Poker News Daily

Founder of Players Poker Championship Files For Bankruptcy Protection

 Founder of Players Poker Championship Files For Bankruptcy Protection

After failing to pay the final table for their major tournament last fall – and the resulting lawsuit from several players who made that final table – the founder of the Players Poker Championship (PPC) has filed for Chapter 7 bankruptcy protection in Florida.

Bryan Oulton, one of two men who founded the PPC (along with Thomas “Sandy” Swartzbaugh), filed for bankruptcy protections on April 9 in the U. S. Bankruptcy Court for the Southern District of Florida in Broward County. In the court documents, Oulton stated that he was almost $ 900,000 in debt to almost 200 creditors (including the players from last fall’s PPC Aruba World Championship) and that he only had assets of around $ 415,000. Most of his assets were being held in his home, valued at roughly $ 338,000, and $ 50,000 in annuities, while Oulton himself said that he had no income at the present time. That is important because, under Chapter 7 bankruptcy protection, he could claim those items as exempt from any property sale and would be able to keep the assets.

The problems emerged after the tournament in Aruba last November. The PPC World Championship was a $ 2400 poker tournament on the island of Aruba that wrapped up a series of events that the PPC had held across the States of America. The tournament itself had a guaranteed prize pool of $ 500,000, which was barely covered by the 266 entries the tournament received (the eventual prize pool was $ 534,743). Poker pro Christian Harder made the final table in finishing in ninth place, while Stephen Deutsch defeated James Beadnell and Dorian Alejandro Rios Pavon to win the championship and take the top prize of $ 133,687.

When it came time for Deutsch to collect, however, he was stonewalled in Aruba and headed home. Negotiations would get to the point that a third party involved – alleged to be investors in the PPC looking to keep the company afloat – would offer to pay Deutsch and other final table players less than what they supposedly earned from their finish in the tournament. Frustrated by not getting what he had earned, Deutsch and other players filed lawsuits against Oulton, Swartzbaugh, the PPC and its partners and two casinos who hosted events (Maryland Live! and Tampa Downs in Florida).

The actions by Deutsch and his fellow players helped to usher the end of the PPC. Plans for a new season to start after the November World Championship tournament quickly fizzled as casinos pulled out from the tour. With no casinos to play events – and, more importantly, the loss of a steady stream of income from those tournaments – the PPC essentially shut down at the beginning of 2017 (“essentially” is used because no official word about its closure has been issued).

Oulton lists the Aruba final table players that have filed suit against him (Deutsch, Joan Sandoval (who finished sixth), Michael Lerner (fourth), John Ott (fifth) and Beadnell (second) as creditors and puts Pavon and seventh-place finisher Steve Karp on that list (both men have not filed a lawsuit against Oulton, the PPC or any other entities associated with the tour). Much of the money owed by Oulton, according to the court papers, is to the Small Business Owners of America. Oulton lists the SBOA as being owed $ 259,600, most likely from loans procured to start the PPC.

While Oulton is seeking the protection of the court with his bankruptcy filing, it isn’t guaranteed that it will get him out of his responsibilities. If enough creditors protest the decision, the judge can deny the Chapter 7 proceedings. In the state of Florida, the Chapter 7 proceedings require all non-exempt assets to be sold and those profits to be distributed to the creditors, at which time the debtor is given a “fresh start.” Should enough creditors feel that there was unethical or criminal activity that contributed to the situation, however, they can petition the judge and he would decide if the Chapter 7 bankruptcy would be granted.

There are no details at this time of any future actions in the case. Poker News Daily will continue to monitor the situation.

Poker News Daily

Kenneth Smaron Wins 2017 PokerStars Championship Panama

 Kenneth Smaron Wins 2017 PokerStars Championship Panama

When the six-handed final table of the PokerStars Championship Panama Main Event began, Kenneth Smaron was in third place with 1.855 million chips. He wasn’t in bad shape by any means, but he was still a million chips out of second and two million out of first, so he definitely had an uphill battle. Since I am mentioning his name at the outset, you might have correctly guessed that he climbed that hill successfully, winning the tournament and nearly $ 300,000.

At a typical final table, you have one or two players who tend to dominate or at least hold the chip lead for most of the way before the heads-up portion of the contest. Heads-up, it’s anyone’s guess what will happen. This final table was unique in that aside from Anthony Diotte, who was eliminated on the third hand, every player held the chip lead at some point.

Denis Timofeev began with the largest chip stack, but after Diotte’s elimination, it was Robin Luca Wozniczek who took over, just inching ahead of Timofeev. Wozniczek soon ran into trouble and Timofeev regained the lead. Wozniczek himself was eliminated on the 35th hand (told you he ran into trouble).

Harpreet Gill doubled through Timofeev soon after that and then went on a quick run to make his way to the top of the chip counts. He then got abused by Smaron, highlighted by a pot worth about 2.5 million chips.

For a long time after that, Smaron looked like he was running away with the tournament, building his stack at points to over 6 and 7 million chips. His two competitors, Timofeev and Gill, though, kept forging ahead, eventually pulling into nearly a three-way tie on Hand 156.

The chip lead was upended multiple times in the next few hands before Smaron knocked out Timofeev in third place. Going into heads-up, it was relatively close, with Smaron ahead 6.130 million to 4.895 million.

It didn’t stay close for long, as Smaron won it in just nine hands. On the final hand, Gill limped with T-8, Smaron raised to 350,000 with K-J of clubs, and Gill decided it was time to move all-in for his remaining 2.615 million chips. Smaron thought about it, but finally decided to call (obviously, or else this wouldn’t be the final hand). The flop was great for Smaron without actually giving him a hand – Q-A-9 with two clubs, giving him a royal flush draw. The next two cards did nothing for either player and Smaron won with his King-high.

Smaron, an accomplished online poker player, now has more than $ 1.2 million in live tournament earnings. This was his first major main event title, though he did win the 2015 European Poker Tour Prague High Roller for about half of his total earnings, $ 654,302.

2017 PokerStars Championship Panama Main Event – Final Table Results

1.    Kenneth Smaron – $ 293,860
2.    Harpreet Gill – $ 217,860
3.    Denis Timofeev – $ 161,340
4.    Jonathan Abdellatif – $ 119,480
5.    Robin Luca Wozniczek – $ 88,480
6.    Anthony Diotte – $ 65,520

Poker News Daily

2017 PokerStars Championship Panama Day 4: Denis Timofeev Takes Lead as Final Table is Set

 2017 PokerStars Championship Panama Day 4: Denis Timofeev Takes Lead as Final Table is Set

After five days of battle at the Solis Hotel, Spa and Casino in Panama City, the final six men have been determined for the second-ever stop on the PokerStars Championship circuit in Panama. When the final table plays out on Monday, Russia’s Denis Timofeev will continue at the helm as he did on Day 4, but he’ll be sitting atop a 3.905 million chip stack for the penultimate battle.

12 men came back on Sunday with the task of setting the final table for the tournament. Timofeev, as previously stated, was in the lead with slightly more than two millino chips and there were some notable names in the pack behind him. Of particular interest was 2015 GPI Player of the Year Byron Kaverman, who was in third place with 1.236 million in chips, and the man who was the chip leader through the first two days of the tournament, Igor Yaroshevskyy. Yaroshevskyy was on the short stack with 422,000 in chips, however, and needed to make an early move to get back to viability.

It would take less than two hours for the players to eliminate three men and set the unofficial final table. Yaroshevskyy was the man who would earn that dubious honor, pushing all in after Kenneth Smaron put out a raise and Harpreet Gill made the call. Smaron immediately made the call and, after Gill sheepishly showed a A-2 as he mucked, Smaron showed Big Slick. Yaroshevskyy was beaten by a pip, holding Big Chick, but the flop had a sense of humor in coming down K-Q-3. Unfortunately for Yaroshevskyy, he couldn’t find another Queen to best Smaron and headed to the rail in tenth place ($ 27,260) and Smaron took over the lead.

Now with nine men on the redrawn unofficial final table, Timofeev and Kaverman were seated with Kaverman on Timofeev’s immediate left. Although he was out of position to a tough player, the duo didn’t tangle much. Instead, Timofeev took out his aggression on other members of the table. He forced Jonathan Abdellatif to lay a hand down and slowly saw his chip stack inch upwards. As Level 22 began in the tournament (10K/20K with a 3K ante), Timofeev was slightly behind Smaron while Kaverman was having difficulties.

Kaverman never got anything started once play reached the final table, getting his final chips in against Smaron with K-J against Smaron’s pocket treys. A monochrome 6 3 8 flop left Kaverman looking for something that would provide a split pot, but that wouldn’t come when a Queen came on the turn. Once the irrelevant river was dealt (a second Queen), Kaverman was ousted in eighth place and Smaron’s chip lead got bigger.

With one player left to the close of business for the night, play tightened up considerably until one stunning hand between Smaron and Timofeev. On a 9-2-8-4-J board and with 935,000 in the pot, Timofeev pondered his action before checking to the chip leader, normally not a recommended action. Smaron played his position, moving all in against Timofeev, who this time went deep into the tank. After a five minute reconstruction in his mind, Timofeev made the call and saw Smaron had 10-8 for a flopped middle pair. Letting off a relieved sigh, Timofeev showed a J-7 for the rivered top pair and took down the 3.29 million chip pot.

The very next hand, Timofeev stayed active in pushing a bet off the button. James Salmon three bet his stack out of the big blind and, completely unlike his hand with Smaron, Timofeev immediately made the call. His A-10 might have been on the lower end of the call spectrum, but it was the correct move as Salmon only mustered an A-2 for battle. A flopped ten all but ended the proceedings and, after a trey and a four came on the turn and river, Salmon was out in seventh and Timofeev was off to Monday’s final table with the chip lead.

1. Denis Timofeev, 3.095 million
2. Robin Wozniczek, 2.87 million
3. Kenneth Smaron, 1.855 million
4. Jonathan Abdellatif, 1.155 million
5. Harpreet Gill, 735,000
6. Anthony Diotte, 465,000

Play will resume in Panama City at noon on Monday, with the first-ever champion of the PokerStars Championship Panama taking home $ 293,860 for their efforts.

Poker News Daily



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