Ivey takes Third in WPT Bellagio Cup

Posted on by RTR Rachel

While many eyes were focused on the WSOP Main Event, Phil Ivey was focused on winning his second World Poker Tour title at Bellagio Cup VI.  Unfortunately for Ivey, his bid for a second title fell short, but he did manage to make a record ninth WPT final poker table after finishing in third place.  In taking third, the Full Tilt Poker pro earned a nice cash of $363,650, which probably isn’t that much to Ivey.

Another Full Tilt player in Justin “Boosted J” Smith had the good fortune of playing for the title against Moritz Kranich.  Smith was at a decided poker chip disadvantage going into heads-up play as a 2 to 1 underdog.  The disadvantage only grew as Kranich won the fist 9 poker hands of the matchup.  Eventually, the German-born Kranich would finish Smith off en route to the win.  After winning the poker tournament, Kranich cashed for $875,150 while Smith still earned a fair amount of money with $594,755.

Other notable holdem poker players who cashed in Bellagio Cup VI included Maria Ho (10th place, $40,783), Jeffrey Lisandro (15th place, $33,986), Joe Hachem (24th place, $20,392), Men Nguyen (34th place, $16,993), Annette Obrestad (35th place, $16,993), and Dave Ulliot (38th place, $16,993).

One very interesting thing about this year’s Bellagio Cup is that the buy-in was knocked down from $15,000 to $10,000 so that more people could play poker in this event.  Because of the lower buy-in, the Bellagio Cup attracted its highest number of participants ever at 353 players.  But even with the larger number of players, the prize pool was down including the first place prize, which dropped by $300,000. 

Even still, the WPT looks poised for yet another strong season as lots of people are trying to win seats to their events through online poker qualifiers.

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