Event 1: Derek Buonano Wins $90,000 in a 9-Way Chop

After nearly two levels without a bustout at the final table of Event 1 ($350 No-Limit Hold’em), the final nine players took their scheduled break and came back talking about a chop scenario.

Everyone counted their chip stacks and entered the numbers into an online ICM calculator. (ICM calculations are designed to split a prizepool based on a player’s reasonable expected value rather than a straight % based on chip counts.)

The primary holdout was chipleader Derek Buonano, who had a big chip lead, while everyone else had fewer than 25 big blinds. The ICM calculation would award him $81,702, which was about third-place money, and he wasn’t happy with that since he had a big chip lead.

Eventually, a deal was reached for other players to kick in enough money to award Buonano an even $90,000 for first place.

Their finishing places were determined by the agreed-upon payouts:

1st:  Derek Buonano  –  $90,000
2nd:  Steven McKoy  –  $64,001
3rd:  Jaime Campos  –  $58,418
4th:  Zack Goodman  –  $58,323
5th:  John Liu  –  $57,557
6th:  David Diaz  –  $50,047
7th:  Jeff Yeh  –  $42,742
8th:  Kevin Ho  –  $41,000
9th:  Daniel Navarrete  –  $38,787

Derek Buonano, 1st Place ($90,000)
Derek Buonano, 1st Place ($90,000)
Steven McKoy, 2nd Place ($64,001)
Steven McKoy, 2nd Place ($64,001)
Jaime Campos, 3rd Place ($58,418)
Jaime Campos, 3rd Place ($58,418)

 

Zack Goodman, 4th Place ($58,323)
Zack Goodman, 4th Place ($58,323)

John Liu, 5th Place ($57,557)John Liu, 5th Place ($57,557)

 

David Diaz, 6th Place ($50,047)
David Diaz, 6th Place ($50,047)

Jeff Yeh, 7th Place ($42,742)Jeff Yeh, 7th Place ($42,742)

Kevin Ho, 8th Place ($41,000)
Kevin Ho, 8th Place ($41,000)
Daniel Navarrete, 9th Place ($38,787)
Daniel Navarrete, 9th Place ($38,787)

Event 2: Final Table Begins

After the eliminations of Jeff Coutroulis in 11th place and Tony Herring in 10th place the official final table for Event 2 ($1,100 no-limit hold’em) has begun. Here is a look at where the players are seated after drawing for new seats.

Seat 1: Ben Stark
Seat 2: Alain Rodriguez
Seat 3: Christopher Mitchell
Seat 4: Chris Karambinis
Seat 5: Moe Musa
Seat 6: Michael Wakefield
Seat 7: George Dolofan
Seat 8: Francesco Pisani
Seat 9: Yaroslav Nakonechnyy

The final nine players are all now in the money. Here is a look at the final table payouts:

1: $34,300
2: $19,600
3: $12,740
4: $8,820
5: $6,860
6: $5,390
7: $4,410
8: $3,430
9: $2,450

Event 1: Prizepool Worth >$1 Million; 1st Place is $138,952

Day 2 of Event 1 ($350 No-Limit Hold’em) began with about 20% of the field remaining (697 players from a field of 3,391 entrants), and the big story today will be the Money Bubble. The final 306 players will finish in the money, guaranteed at least $407. The total prizepool is worth $1,017,300.

First place is worth $138,952, nearly 400x the buy-in of $350.

Here is the full list of payouts for Event 1 ($350 No-Limit Hold’em):

1st:  $138,952
2nd:  $103,970
3rd:  $79,615
4th:  $56,870
5th:  $39,265
6th:  $30,240
7th:  $23,020
8th:  $16,880
9th:  $12,095
10th-12th:  $9,766
13th-15th:  $7,630
16th-18th:  $6,409
19th-27th:  $5,392
28th-36th:  $4,578
37th-45th:  $3,866
46th-54th:  $3,357
55th-63rd:  $2,950
64th-72nd:  $2,645
73rd-81st:  $2,340
82nd-90th:  $2,136
91st-99th:  $1,933
100th-108th:  $1,628
109th-117th:  $1,526
118th-126th:  $1,424
127th-135th:  $1,322
136th-144th:  $1,221
145th-162nd:  $1,119
163rd-180th:  $1,017
181st-198th:  $916
199th-216th:  $814
217th-234th:  $712
235th-252nd:  $610
253rd-279th:  $509
280th-306th:  $407

Payouts

The top 306 finishers from the 3,391 entries will make the money. First place is set at $133,664, while a min-cash pays $407.

1st – $133,664
2nd -$109,345
3rd – $79,640
4th – $56,885
5th – $39,275
6th – $30,250
7th – $23,025
8th – $16,885
9th – $12,100
10th-12th – $9,769
13th-15th – $7,632
16th-18th – $6,411
19th-27th – $5,393
28th-36th – $4,579
37th-45th – $3,867
46th-54th – $3,358
55th-63rd – $2,951
64th-72nd – $2,646
73rd-81st – $2,340
82nd-90th – $2,137
91st-99th – $1,933
100th-108th – $1,628
109th-117th – $1,526
118th-126th – $1,425
127th-135th – $1,323
136th-144th – $1,221
145th-162nd – $1,119
163rd-180th – $1,018
181st-198th – $916
199th-216th – $814
217th-234th – $712
235th-252nd – $611
253rd-279th – $509
280th-306th – $407