Day 3 Completed
|Blinds||25,000 / 50,000|
Day 3 Completed
Panagiotis Panagiotidis won the PokerNews Cup Kulata €550 Main Event for €18,450 after agreeing to a four-way deal with Rosen Simeonov (second - €14,526), Konstantin Aykov (third - €12,878), and Achilleas Nomidis (fourth - €8,056).
The win nearly tripled the almost $7,000 in live tournament cashes Panagiotidis had to start the tournament.
*Reflects four-way deal.
The final day began with the field whittled down from 141 entrants to an eight-max final table. Panagiotidis entered the day in the chip lead, although he didn't hold onto it throughout the final day.
All four opening day chip leaders parlayed their stacks to the final table after a successful penultimate day including Simeonov, Dimitrios Michailidis, and Marian Ivanov. Michailidis' brother Spyridon Michailidis also was at the final table as the short stack.
Ivanov was the first player eliminated at the final table. He jammed with queen-eight with an open-ended straight draw on the turn only to be called by Simeonov with second pair holding jack-deuce. Another jack came on the river and Ivanov headed to the cashier to collect the eighth-place prize of €2,350.
Soon after, Spyridon Michailidis hit the rail in seventh place for €3,180. He three-bet jammed ace-seven suited and didn't get there against the pocket eights held by Konstantin Aykov.
A little time passed before Loukas Kioutsoukis was eliminated in sixth place for €4,170. He three-bet jammed a short-stack with king-queen and ran into Simeonov's kings.
At this point, Simeonov was in the lead. This didn't last long as Dimitrios Michailidis took the lead with a full house in a big pot against Simeonov.
Michailidis was unable to hold onto the lead. Panagiotidis bet all three streets after first hitting a set of nines on the flop and quads on the river and Michailidis called with pocket queens all the way.
A short while later, Michailidis jammed 15 big blinds with ace-ten from the button. Simeonov quickly called from the big blind with kings. The flop gave Simeonov a set and Michailidis was drawing dead on the turn.
Michailidis didn't only got home from the PokerNews Cup with the fifth-place prize of €5,250. Earlier in the festival, he shipped the PokerNews Cup High Roller for €23,025 after agreeing to a heads-up deal.
This concludes our coverage of the PokerNews Cup Main Event. Stay tuned at PokerNews as we cover all of the biggest poker events around the world.
*Images courtesy of Omari Bryan and Katerina Lukina.
*Reflects four-way deal.
After a lengthy discussion, the final four players agreed to a deal with Panagiotis Panagiotidis declared the new champion. Here is a look at the final four payouts.
|Place||Player||Country||Original Payout||Deal Payout|
Stay tuned for the final recap of the PokerNews Cup Main Event.
The clock has been paused with 35 minutes left in the blind level for the remaining four players to discuss a potential deal.
Dimitrios Michailidis open-jammed for about 800,000 from the button and was quickly called by Rosen Simeonov in the big blind.
Simeonov had an advantage before the flop which turned almost invincible after the flop gave him top set. Michailidis was drawing dead after the came on the turn and headed to the cashier to collect the fifth-place prize of €5,250 after the hand.
Although Michailidis was unable to win a PokerNews Cup Main Event winner's trophy he did win the High Roller earlier in the week for €23,025 as part of a heads-up deal.
Panagiotis Panagiotidis three-bet to 300,000 from the big blind a bet from Dimitrios Michailidis who was under the gun.
Michailidis called and a big pot began to develop. Panagiotidis bet 250,000 after the hit the flop and got a quick call.
Panagiotidis fired out a bigger bet of 600,000 after the hit the turn and got another call. The paired the board on the river. Panagiotidis bet 300,000 leaving about 200,000 behind.
Michailidis tanked for two minutes before he made the call.
Panagiotidis turned over for quads and Michailidis showed he had .
Dimitrios Michailidis bet 375,000 into a splashed pot of a little more with the on the board. Rosen Simeonov waited 20 seconds before he made the call.
Michailidis won a big hand after he turned over for a full house and Simeonov tossing his hand into the muck.
After the hand, Michailidis was in the driver's seat with the chip lead. He has already won the PokerNews Cup High Roller and it is possible he could become the first player in PokerNews Cup history to win two big events in one festival.