Caio Pessagno Clinches WPT500 Knockout Title ($102,704)

Ciao Pessagno wins

Caio Pessagno is the 2021 WPT Online Series WPT500 Knockout champion! The talented Brazilian came out on top of a 2,054-strong field to claim a prize worth $102,704 with bounties included.

WPT #08 WPT500 Knockout Final Table Results

PlacePlayerCountryPrizeBountiesTotal prize
1Caio PessagnoBrazil$62,240$40,464$102,704
2Manfred HermannAustria$62,135$25,480$87,615
3Yulian BogdanovBulgaria$40,019$15,788$55,807
4Diogo CoelhoMalta$26,321$11,073$37,394
5Sebastian Hoyes VillegasMexico$17,816$4,091$21,908
6Michiel BrummelhuisNetherlands$13,540$6,121$19,662
7Charles La BoissonniereCanada$9,796$3,972$13,769
8Fabiano KovalskiBrazil$7,771$3,323$11,095
9Jerry WongCanada$6,064$1,828$7,892

The final table kicked off at 7:05 p.m. BST on May 26 with nine players in the hunt for the title. Little did the finalists know at the restart that Lady Luck was not a fan of strong hands, the cruel mistress would crack some powerhouse holdings.

Jerry Wong was the first player to discover this. Charles La Boissonniere opened with a raise to 5,400,000 at the 1,250,000/2,500,000/315,000a level, chip leader Yulian Bogdanov three-bet to 15,125,000, only for Wong to four-bet jam for 33,011,309. Only Bogdanov called. It was the very strong {a-Clubs}{k-Hearts} for Wong, but the {k-Spades}{k-Diamonds} for Bogdanov. The kings held, and the final table lost its first player.

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Kovalski Runs Kings Into Aces

Fabiano Kovalski suffered a similar fate in that he found a super-strong hand that looked almost certain to double his stack. Kovalski got his chips into the middle with {k-Spades}{k-Spades} only to run straight into the {a-Diamonds}{a-Hearts} of Pessagno. The five community cards provided no drama, and Kovalski bowed out.

Aces were then cracked to reduce the player count further. La Boissonniere got his stack into the middle of the felt with {a-Diamonds}{a-Hearts} with the board reading {7-Clubs}{10-Clubs}{5-Clubs}{j-Diamonds}. Manfred Hermann held {a-Clubs}{4-Hearts} and spiked the flush-completing {q-Clubs} on the river.

The {a-Clubs}{a-Hearts} of Michiel Brummelhuis proved no match for the {k-Hearts}{q-Hearts} of Bogdanov soon after La Boissonniere's demise. Brummelhuis three-bet Bogdanov's preflop raise before open-shoving for 76,869,147 into a 63,480,000 pot on the {9-Hearts}{k-Diamonds}{q-Diamonds} flop. Bogdanov called with his two pair, which held as the turn and river bricked.

Kings No Good For Villegas

Amazingly, the run of big hands being useless continued when Mexico-based Sebastian Hoyos Villegas found {k-Diamonds}{k-Hearts} in the hole. Villegas was down a shade over ten big blinds when he looked down at kings. He jammed all-in from under the gun, and Bogdanov called from the big blind with {a-Hearts}{8-Hearts}. Bogdanov flopped two pair as the five community cards fell {q-Hearts}{8-Clubs}{a-Spades}{4-Clubs}{q-Clubs}.

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Fourth place went to Diogo Coelho who could not crack the nines of Hermann. Hermann raised 2.5 times the big blind with {9-Hearts}{9-Spades} and called when Coelho ripped it in for 20 big blinds from the big blind with {a-Diamonds}{7-Diamonds}. Hermann flopped a set on the {2-Hearts}{9-Diamonds}{j-Hearts}{k-Clubs}{10-Clubs} board.

Heads-up was set when Hermann's pair of nines held in a major coinflip. Pessagno opened the preflop betting with {3-Clubs}{3-Diamonds}, Bogdanov three-bet with {k-Diamonds}{q-Diamonds} before calling off the rest of his stack when Hermann four-bet jammed with {9-Hearts}{9-Clubs}. Bogdanov had a plethora of outs on the turn of the {2-Clubs}{8-Diamonds}{10-Clubs}{5-Diamonds}{j-Clubs} board but none of them came in.

Pessagno went into the one-on-one battle with Hermann holding a 604,049,738 to 418,864,613 chip lead, and he never fell behind. The final hand saw Hermann raise to 17,600,000 with {9-Spades}{8-Hearts}, and Pessagno call from the big blind with {j-Clubs}{3-Clubs}. Pessagno check-called a 11,160,000 continuation bet on the {k-Diamonds}{6-Diamonds}{j-Hearts} flop, and a 44,000,000 bet on the {7-Clubs} turn. Pessagno expertly checked again on the {4-Hearts} river, leading to Hermann committing all but five of his chips as a bluff. Those chips and the final pot of the evening went to Pessagno when he raised all-in.

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