Posts Tagged ‘Chip’

2017 WPT Legends of Poker Day 1B: Valentin Vornicu Makes Most of Second Chance, Takes Over Chip Lead

 2017 WPT Legends of Poker Day 1B: Valentin Vornicu Makes Most of Second Chance, Takes Over Chip Lead

After coming up dry on Day 1A of the event, Valentin Vornicu got the most out of his second shot at the tournament on Saturday, emerging as the overall leader of the 2017 World Poker Tour Legends of Poker with one more Day One left.

Looking to top Day 1A’s 155 entries, Day 1B saw another throng of poker professionals and amateurs looking to take their shot. At the sounding of the “shuffle up and deal” call, notables such as WPT Champions’ Club members Tony Dunst and Barry Greenstein were at their tables alongside Eric Baldwin, Ray Quartomy, and Matt Stout, who were all back from their Day 1A disappointment for another chance. Vornicu was on that list also, but the day didn’t start very well for him.

About three hours into Saturday’s play, Vornicu found himself staring at a Q♠ 10 6♣ 5♣ 8♣ board, Vornicu fired off a bet but was met with an all-in check raise from the small blind. Vornicu couldn’t put together the logic behind his opponent’s hand and, after several minutes, made the call and turned up pocket fives for the turned set. Vornicu’s opponent, however, had stuck around for the runner-runner nut flush with his A♣ 3♣, sending the nine-time World Series of Poker Circuit ring winner to the rail for his second chance at his second chance.

Vornicu would make the most of his last chance on Saturday. Within three hours of using his re-entry option for Day 1B, Vornicu had run his stack up to over 183K in chips to take over the chip lead. After the dinner break, Vornicu’s star continued to rise as he picked off a bluff and rivered a straight to cross the 200K mark. The only thing that stopped the “Vornicu Express” was the end of 10 levels of play for the day, when he bagged 286,700 in chips.

1. Valentin Vornicu, 286,700
2. Adam Geyer, 273,000
3. Peter Neff, 266,100
4. Igor Zekster, 198,700
5. Tuan Mai, 179,400
6. Jamie Armstrong, 164,900
7. Bill Germanis, 152,100
8. Gaurav Raina, 146,600
9. Skip Huber, 135,200
10. Derek Wolters, 133,800

Among those who have to decide if playing Day 1C is going to be worthwhile are Samantha Cohen, Allen Kessler, Mike Matusow, Jordan Cristos, Poker Hall of Famer John Hennigan, Stout and Quartomy. Of the 177 entries that were received on Saturday (bringing the total field to 332), only 60 people would be standing by the final bell in the Bike’s tournament arena (117 between the first two Day Ones).

Vornicu is an intriguing player. He has the second most WSOP-C rings of all time (behind only Maurice Hawkins) and is only about $ 10K short of earning $ 1 million in his tournament poker career. Surprisingly, none of those winnings has ever come from a WPT Main Tour event; if (and it’s a strong if) Vornicu is able to cash in this tournament, it would be his first-ever WPT cash on the Main Tour schedule.

Overall, Vornicu has not only taken over the combined Day One leaderboard, the two men pursuing him join him to make up the Top Three in the tournament:

1. Valentin Vornicu, 286,700
2. Adam Geyer, 273,000
3. Peter Neff, 266,100
4. Thomas Zanot, 217,700*
5. Igor Zekster, 198,700
6. David Lambard, 183,900*
7. Tuan Mai, 179,400
8. Gary Sewell, 176,700*
9. Vince Salvatore, 173,000*
10. Christopher Staats, 167,900*

(* – Day 1A player)

The final Day One – and the final chance for many of those around the Bike – will kick off at noon on Sunday. The players will have one re-entry available should they bust on Sunday, then there will be a final “last chance” for players to buy in (30K in chips for $ 4000; it is possible that a player could burn through seven buy-ins, or $ 28,000, without success) before the start of Day Two on Monday. With the popularity of the first two days of the tournament, it is likely that the 2017 WPT Legends of Poker will crack the 500-entry mark and could take a run at 600.

Poker News Daily

Money Bubble Pops at PokerStars Championship Barcelona, Benjamin Richardson Holds Chip Lead

 Money Bubble Pops at PokerStars Championship Barcelona, Benjamin Richardson Holds Chip Lead

After taking a break for this summer’s World Series of Poker, the PokerStars Championships have come back with a bang. After Day 3 at the Casino Barcelona in Spain, Benjamin Richardson is holding down the top slot on the leaderboard with 2.804 million in chips.

There were going to be some unhappy campers who came back to the felt on Thursday. 287 players remained from the sizeable 1682 player field, but only 247 of those players would partake of a piece of the €8,157,700 prize pool that was built. At the start of the day, Mauricio Salazar Sanchez was the chip leader with 507,000 in chips, but he faced challenges from such pros as WSOP bracelet winner Asi Moshe (411,500), Patrick Leonard (394,000), Kyle Bowker (392,500), Dario Sammartino (355,500) and Juha Helppi (335,000), just to name a few.

With 40 players to eliminate, it was natural that the play was deliberate. It took more than 90 minutes to work down to 250 players, at which point the tournament went into hand-for-hand mode. Although 2017 WSOP bracelet winner Upsheka De Silva was quickly dispatched from the festivities (after getting his final chips in good with pocket Aces only to see Ramon Miguel Munoz call with pocket nines and flop a set), it was a grind to find the other two unfortunate souls who would depart with nothing to show for their efforts.  After another 90 minutes of action, Roi Pereira Conde found himself drawing thin with his 10♠ 7♠ against Alexandros Papadopoulos’ A♠ 3♠ on a J J♠ 4♠ board. It went from thin to out by the river once a K♠ hit the river, giving Papadopoulos an unnecessary nut flush to send Conde to the rail in 248th place (€0).

Once the remaining 247 players were guaranteed the minimum payday of €9400 (for a €5000 buy in tournament), the cash out cage became a busy place. Paul Newey, Adrian Mateos, Thomas Muehloecker, Saar Wilf, and Sammartino all collecting their own pieces of the prize pool prior to the dinner break. After the sustenance Moshe, Maksim Prokhorov, and Helppi would hit the rail. By the time the final elimination was made on Thursday night, only 70 players remained:

1. Benjamin Richardson, 2.804 million
2. Tsugunari Toma, 2.448 million
3. Scott Wellenbach, 2.032 million
4. Aleksandr Gofman, 1.915 million
5. Patrick Leonard, 1.785 million
6. Nadia Wanzi, 1.657 million
7. Mesbah Guerfi, 1.552 million
8. Brian Kaufman Esposito, 1.465 million
9. Albert Daher, 1.381 million
10. Aeragan Arunan, 1.345 million

The plan for Friday is for the remaining 70 players to battle through another five levels of play (90-minute levels) and try to reduce the field to a manageable number. The final table is set for Sunday, meaning that bringing the field to roughly four eight-handed tables (32 players) by the end of play on Friday would leave a manageable number for Saturday’s efforts. It is also possible that, if the players are particularly itchy to get their gamble on, that the day on Friday could end earlier if the field is culled quickly.

The PokerStars Championship Barcelona is the biggest yet for what used to be called the European Poker Tour and it remains to be seen if this is a trend that will continue. For now, officials with PokerStars are pleased and the players are quite happy as well, having the opportunity to play for a €1,410,000 first place prize (and a final table where each participant will receive a six-figure payday) and, at least for a moment, rekindle the past greatness of the European circuit.

Poker News Daily

2017 Seminole Hard Rock Poker Open Main Event Day 1B: Top Four Survivors from Day’s Action Take Overall Chip Lead

 2017 Seminole Hard Rock Poker Open Main Event Day 1B: Top Four Survivors from Day’s Action Take Overall Chip Lead

The second of two-Day Ones is in the books at the 2017 Seminole Hard Rock Poker Open Main Event, with the top four finishers from the Day 1B action taking down the overall leaderboard of the tournament because of their play.

Before the cards even went into the air on Saturday, an important milestone had been eclipsed. With 212 players in their seats (at $ 5000 a pop), the $ 3 million guarantee was met for the Main Event. This was important because the last three SHRPO Main Events had failed to meet their guarantees, with the Seminole Indian operators of the Hard Rock picking up the overlay. Before the tournament even started, the Tribe was clear of any financial dues for the tournament, something that they had to be pleased with.

As with Day 1A, top poker pros were more than willing to step back into the ring following a post-World Series of Poker slumber. Jonathan Little was one of those players, getting a big double up only four hands into the action. As Little recounted over Share My Pair, he was UTG +1 with pocket Aces and found a willing combatant in the big blind with pocket Jacks who wanted to three-bet him. After some back and forth, all the chips were in the center, with Little’s pocket Aces standing tall to give him twice his starting stack and leaving an unfortunate soul questioning how to play pocket Jacks.

By the time noon had passed, the tournament clock showed 700 entries in the tournament, with former SHRPO champion Blair Hinkle back for a second bite of the apple after not making it through Day 1A (the other three former champions – Dan Colman, Omar Zazay and defending champion Jason Koon – all made it through Day 1A). Tony Dunst, Matt Stout, former World Champion Joe McKeehen, Brian Altman, and current World Champion Scott Blumstein were also on their second chances (or fourth, depending on how you count – players could re-enter once each Day One, for a grand total of $ 20,000 (plus juice) if all four chances were used) in the tournament.

 After late registration/re-entry closed following Level 9, the players got their first look at the bounty they were playing for. An astounding 887 entries were received in the tournament, building a $ 4,301,950 prize pool for the top 111 players to divvy up. Nearly the entire final table will take home a six-figure payday (ninth place will “only” earn $ 75,413), with the eventual champion of the 2017 Seminole Hard Rock Poker Showdown Main Event taking home a $ 754,083 boost to the bankroll.

When the clock called for the end of Day 1B, it wasn’t surprising that the top four players from Day 1B’s action would take over the tournament leaderboard:

1. Diana Shirey, 398,900
2. Chance Kornuth, 365,000
3. David Diaz, 346,000
4. Shawn Nguyen, 345,800
5. Benjamin Ridgway, 285,900
6. Gabriel Andrade, 277,000
7. John Dubois, 234,100
8. Samuel Bernabeu, 214,700
9. Nipun Java, 213,900
10. Jorge Gomez, 211,100

When merged with the leaderboard from Day 1A, here are your overall leaders:

1. Diana Shirey, 398,900
2. Chance Kornuth, 365,000
3. David Diaz, 346,000
4. Shawn Nguyen, 345,800
5. Andy Philachack, 290,000*
6. Pablo Fernandez, 290,000*
7. Benjamin Ridgway, 285,900
8. Gabriel Andrade, 277,000
9. Lahn Pham, 270,500*
10. Alexander Turyansky, 263,300*

(* – Day 1A players)

142 players from the 480 entries made it through the Day 1B battlefield and, combined with the 127 players from Day 1A, will make for a busy Day 2 with 269 players. Plans are to play down to a final table by Tuesday, however, meaning that there will be a great deal of carnage today, not only to just get to the money bubble but also to get to a manageable number of players for action on Monday at the 2017 Seminole Hard Rock Poker Open Main Event.

Poker News Daily

Macau Police Nab Pair of Chip Counterfeiters

 Macau Police Nab Pair of Chip Counterfeiters

Last week, Macau’s Judiciary Police arrested two men for alleged casino chip counterfeiting, charging them with fraud. It is also very possible, if not likely, that the men are linked to as many as six other counterfeit chip cases since July 19th.

In a press release, the police department indicated that it responded to a complaint from a casino on July 22nd that it suspected two men of running counterfeit chips. The men were apprehended and were discovered to have 85 fake chips both on their persons and at the table. Each chip had a face value of HKD 10,000 (approximately USD $ 1,280).

Going further, it was found that the men had arrived from the “mainland” (China) that day and had gotten in touch with a local accomplice who provided them with 100 counterfeit chips, all with face value of HKD 10,000. It is thought that the men scammed the casino out of HKD 350,000 (USD $ 44,813) through a combination of cashing in the chips and using them to gamble before a dealer noticed the bogus chips.

The accomplice has not been caught.

Police have said that there were six similar cases in just the three days before the men were caught, with a total of 32 chips with denominations of HKD 10,000 found. The Judiciary Police have not said outright that they believe that all seven cases are related, but they also “do not rule out the possibility that these cases were committed by the same criminal syndicate.”

It sounds like the two men who were arrested were not going to receive the entire benefit of the proceeds from the counterfeit chips, but were instead getting paid for their role in the operation. According to a report from local new outlet TDM, Judiciary Police spokeswoman Lei Hong Nei said, “They would have received 150,000 dollars each as a reward.”

Considering the face value of the fake chips the two men were given was well in excess of HKD 150,000 (either HKD 1 million or HKD 2 million in total – the press release is not clear as to whether each person was given 100 chips or if they were given 100 chips combined), it seems like the goal was to launder them through the gaming tables and then cash out as much money with legitimate chips as possible. After delivering the cash to their handlers, the men likely would have then received their HKD 150,000 reward.

Though the exact casino or casinos where the counterfeit chips were put into play have not been named, TDM has said it believes Galaxy Macau was the venue. It is not known if the casino was targeted for a specific reason, but one were to guess, one might theorize that it was determined that the casino had the most lax security and/or keen-eyed dealers. But again, that would just be a guess.

 

Poker News Daily

PokerStars Championship Monte Carlo Day 2: Nick Petrangelo Assumes the Chip Lead

 PokerStars Championship Monte Carlo Day 2: Nick Petrangelo Assumes the Chip Lead

The PokerStars Championship is back in action, now in sunny Monte Carlo, Monaco. I am not there, personally, so I cannot guarantee that it is sunny, but I would like to think so because whenever I see anything about Monaco on television or perhaps in a James Bond film, it is always wonderful from a weather standpoint. I suppose I could check a weather report on the internets, but that would be a waste of bandwidth. This event is called the PokerStars Championship presented by Monte-Carlo Casino, which is painfully inelegant. I much prefer the standard live tournament naming convention using the city or country rather than the casino name (and the awful “presented by”), so therefore, as you can see in the title of this article, I am siding with my colleague Earl Burton and calling it “PokerStars Championship Monte Carlo.” At any rate, after Day 2, Nick Petrangelo is the chip leader with 562,000, so congratulations to Nick for the time being.

There were two starting flights, but frankly, we are going to ignore those because they occurred when I wasn’t schedule to write and therefore for all intents and purposes* never happened. When registration closed Monday, there were a total of 727 entries for the €5,300 Main Event, creating a €3,525,950 prize pool. 143 players will make the money, but first place will get half a million Euro plus another €800. That’s nice.

Everybody playing on Tuesday has already made the money, as the money bubble burst at the very end of Day 2. Salvatore Candido Graziano had just 28,100 chips with blinds and antes at 1,500/3,000/500. Davidi Kitai made the call, showing A-K against Graziano’s pocket Queens. Race! An Ace flopped and that was it for Graziano, who went home with nothing after many hours of poker.

Odds are (ha, that’s kind of a gambling pun) most of the remaining players are sleeping fairly well Monday night, knowing that they have made the money. One might expect that there will be a bunch of quick eliminations early in Tuesday’s action as the short stacks go all Leeroy Jenkins to try to make amazing happen.

Start time is noon in Monte Carlo and the plan is to play five hour and a half levels. Stay tuned for more hard-hitting coverage!

*I was going to make a joke along the lines of Donald Trump probably thinking the phrase is “all intensive purposes,” but let’s be honest, his vocabulary isn’t advanced enough to even string those words together incorrectly.

2017 PokerStars Championship Monte-Carlo Casino Main Event – Day 2 Chip Leaders

1.    Nick Petrangelo – 562,000
2.    Michael Kolkowicz – 470,500
3.    Patrik Antonius – 452,500
4.    Faraz Jaka – 416,500
5.    Mark Teltscher – 408,000
6.    Stefan Schillhabel – 402,000
7.    Sebastian Malec – 382,500
8.    Andreas Klatt – 375,000
9.    Fabrice Soulier – 364,500
10.    Dmytro Shuvanov – 353,000

Poker News Daily



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