We are all set to go here at the final table. The players have been introduced, and there is a rowdy crowd of spectators beginning to file into their seats.
Our eight finalists are prepared for battle, and by the end of the day, one of them will be $241,735 richer and be inscribed in the books as the champion of the 2008 LAPT Punta del Este!
Alexandre Gomes raises under the gun to 27,000. Action folds around to Juan Jose Perez, who moves all in for 155,000 chips. Gomes thinks for a minute or two before folding his hand, and Perez scoops up some early chips.
Jose Miguel Espinar raises under the gun to 26,000. Paulo Cesar Ribeiro announces a reraise, and makes is 52,000 total, a minimum raise. Espinar calls.
The flop comes . Espinar checks, and Ribeiro bets out 100,000. Espinar moves all in on a check-raise, and Ribeiro quickly calls. He is all in for 226,000 total and is at risk of elimination.
Espinar:
Ribeiro:
The turn brings the , meaning that Ribeiro is drawing completely dead. Just for good measure, the dealer reveals the on the river, making Espinar the winning quadruple kings.
Paulo Cesar Ribeiro is our eighth place finisher, taking home $17,025 in cash.
In early position, Juan Jose Perez comes in with a raise to 35,000. From the button, Espinar reraises to 92,000, and very quickly Perez moves all in for a total of 196,000. Espinar makes the call, and the hands are shown down:
Perez:
Espinar:
The flop brings a bit of a sweat for Perez, rolling out , giving his opponent a gutshot straight draw.
The turn is the , making Perez top set but not changing anything as far as Espinar is concerned.
River: . Espinar comes rallying from behind to make his Broadway straight and eliminate Juan Jose Perez. Perez nods knowingly, smiles, and makes his way to the cashier to pick up $25,535 in greenbacks.
Under the gun, Sidney Chreem moves all in for 50,000 chips. Everyone passes to the button where Gallo looks down at . He makes the call, putting Chreem at risk of elimination. He tables and is racing for his tournament life.
The board runs out , and Chreem comes in second. He is eliminated in sixth place, and will take home $34,045 for his work over the last three days.
After the early fireworks, play has calmed down considerably. In fact, we are seeing very few flops over the last 15 or 20 hands. The majority of the pots are being won with a pre-flop raise or a reraise following that. It is apparent that the players have settled into their chairs and are content to feel each other out for the time being.
The table folds around to the blinds, where Lisandro Gallo raises to 30,000. Gylbert Drolet makes the call, and the two men go heads up to the flop.
The dealer spreads out . Gallo checks, and Drolet makes a bet of 30,000. Gallo thinks for a minute before making the call.
Turn: . Again, Gallo passes and lets Drolet bet 70,000. Gallo makes the call.
River: . Both men check. Lisandro Gallo turns over , and his ace-high is the winning hand. He stands up and makes a loud exclamation in Spanish before raking in a nice pot.