Event #22: The LK Boutique $250,000 Challenge Day 1 | 2016 Aussie Millions

Event #22: The LK Boutique $250,000 Challenge

Day 1 Completed

01-31-2016 19:13 UTC+10

Byron Kaverman Leads a Stack Field in the LK Boutique $250K Challenge

Happy_Freaked

Level 6 : 2,500/5,000, 500 ante

The 2015 GPI Player of the Year, Byron Kaverman, bagged up the chip lead after the first day of the LK Boutique $250,000 Challenge at the 2016 Aussie Millions. Kaverman leads a field of 12 survivors with 708,000, with late registration and reentries still possible until the start of Day 2 tomorrow.

The day started with four players, Igor Kurganov, Ben Tollerene, Paul Newey and Fedor Holz, and the latter was the first player to get knocked out. Holz fell to Newey when he ended up all in on the turn holding both straight a flush draws against the pocket aces of his opponent. A blank river sent Holz back to the cashier, and he reentered shortly thereafter.

Phil Ivey was the fifth player to enter the event, which he's managed to win in 2012, 2014 and 2015. These three victories are also Ivey's three biggest cashes, totaling AU$8,205,000. Day 1 wasn't kind to Ivey, since despite getting a late double up through Holz, he bagged up just 52,500. On the last hand of the night, Ivey was crippled by Steve O'Dwyer, who bagged up 388,500. Holz meanwhile took 440,500 to Day 2, on his second bullet.

Newey held the chip lead for quite some time on Day 1, and he was the first player to eclipse the 500,000-chip mark, but in the end he bagged up 395,500 chips. Kaverman started his ascent by hitting a flush against O'Dwyer, followed by another flush versus Erik Seidel. Kaverman busted Seidel after getting it in with a pair and a flush draw against Seidel's overpair, and the river completed Kaverman's hand.

Seidel busted out just after Team PokerStars Pro Jason Mercier hit the rail, Mercier could not find a pair on the board after getting it in with ace-queen versus Holz's pocket nines.

With 15 total entries up until this point, and 12 players remaining, the prize pool sits at AU $3,675,000, meaning that the payouts are as following. Three places will get paid until there are 21 entries into this tournament, after which a fourth spot will be added.

Place	Payout
1	AU $1,837,500
2	AU $1,102,500
3	AU $735,000

Play will continue at 2:30 p.m. local time on Monday, and registration will close when cards are back in the air. PokerNews will have coverage all throughout the conclusion of this event, and with that the 2016 Aussie Millions.

Tags: Ben Tollerene Byron Kaverman Erik Seidel Fedor Holz Igor Kurganov Jason Mercier Paul Newey Phil Ivey Steve O'Dwyer

01-31-2016 19:12 UTC+10

End-of-Day Chip Counts w/ Day 2 Seat Draw (full)

Chad Holloway

Level 6 : 2,500/5,000, 500 ante

Seat	Feature	Count	Table 10	Count
1	Igor Kurganov	262,500	Phil Ivey	52,500
2	Steve O'Dwyer	388,500	Connor Drinan	238,000
3	Fabian Quoss	223,000	Fedor Holz	440,500
4	-	-	Ben Tollerene	263,000
5	Brian Rast	278,000	David Peters	365,00
6	-	-	Sam Greenwood	133,000
7	Byron Kaverman	705,000	-	-
8	-	-	Paul Newey	395,500

Player	Chips	Progress
Byron Kaverman	705,000	95,000
Fedor Holz	440,500	80,500
Paul Newey	395,500	-22,500
Steve O'Dwyer	388,500
David Peters	365,500	65,500
Brian Rast	278,000	-73,000
Ben Tollerene	263,000	-32,000
Igor Kurganov	262,500	82,500
Connor Drinan	238,000	48,000
Fabian Quoss	223,000	-8,000
Sam Greenwood	133,000	-8,000
Phil Ivey	52,500

01-31-2016 19:06 UTC+10

Ivey Crippled in Last Hand of the Night

Chad Holloway

Level 6 : 2,500/5,000, 500 ante

In the last hand of the night, Phil Ivey, who is looking to win this event for the third year in a row (and fourth out of five year), opened for 11,000 from the cutoff and Steve O'Dwyer three-bet to 34,000 from the button. Both blinds folded and Ivey moved all in. O'Dwyer called off for 189,000 total and the cards were turned up.

Ivey:
O'Dwyer:

Ivey was way behind, but the flop did give him a gutshot to Broadway. The turn gave him more outs as a club would give him a flush, but the river was not what he needed.

Since it was the last hand of the night, I've was left with just 52,500. With registration closing the minute Level 7 starts, Ivey won't be able to reenter, meaning is quest for three in a row will begin on the short stack on Day 2.

Player	Chips	Progress
Steve O'Dwyer	388,500	88,500
Phil Ivey	52,500	-227,500

Tags: Phil Ivey Steve O'Dwyer

01-31-2016 18:46 UTC+10

Four More Hands

Happy_Freaked

Level 6 : 2,500/5,000, 500 ante

The tournament clock has been paused, and four more hands will be played before Day 1 will be completed.

01-31-2016 18:39 UTC+10

Ivey Doubles Through Holz

Happy_Freaked

Level 6 : 2,500/5,000, 500 ante

Byron Kaverman just raised before the flop and Fedor Holz three-bet from the button, after which Phil Ivey moved all in from the big blind for 127,000. Kaverman folded right away, and Holz called.

Holz:
Ivey:

The board ran out and Ivey received a full double up.

Player	Chips	Progress
Fedor Holz	360,000	-180,000
Phil Ivey	280,000	105,000

Tags: Byron Kaverman Phil Ivey

01-31-2016 18:36 UTC+10

Who Is Phil Ivey Picking in the Super Bowl?

donpeters

Level 6 : 2,500/5,000, 500 ante

Tags: Phil Ivey

01-31-2016 18:31 UTC+10

O'Dwyer Recovers from the Short Stack

Chad Holloway

Level 6 : 2,500/5,000, 500 ante

Fabian Quoss raised to 12,000 under the gun and Steve O'Dwyer three-bet to 37,500 from the small blind. Chip leader Byron Kaverman then four-bet to 65,000 from the big, Quoss got out of the way, and O'Dwyer shipped it for 137,500 total. Kaverman didn't seem too excited but made the call nonetheless.

O'Dwyer:
Kaverman:

It was a flip, but Kaverman needed to improve if he hoped to eliminate yet another opponent. The turn didn't do much for him, but the turn have him a flush draw. Fortunately for O'Dwyer, the blanked on the river and his nines held to double through.

Not long ago O'Dwyer was down to 35K, but now he'd back in it sitting with more than the starting stack.

Player	Chips	Progress
Byron Kaverman	610,000	-140,000
Steve O'Dwyer	300,000	162,500

Tags: Byron Kaverman Steve O'Dwyer

01-31-2016 18:25 UTC+10

Drinan Folds to Rast On The Turn

Happy_Freaked

Level 6 : 2,500/5,000, 500 ante

Connor Drinan raised under the gun to 11,500 and Brian Rast three-bet from the big blind to 30,000. Drinan tanked for a while before calling, and the flop brought out .