Jorryt Van Hoof Leads as WSOP Final Table Down to Three

Favorite Jorryt van Hoof will go into the WSOP Final Table finale as chip frontrunner tonight, as three players battle for the $10 million prize that is first.
The World variety of Poker table that is final down to three players, with Dutchman Jorryt van Hoof finishing yesterday’s play as he started, with the chip lead and bossing the table around.
And despite Phil Hellmuth’s once disparaging remark about ‘Northern European idiots,’ three players hailing from the upper part of that very landmass that is continental bagged by themselves gold, silver and bronze in this race, with the last great American hope, Will Tonking from New Jersey, bowing out gracefully in fourth.
Joining van Hoof tonight to play for the title that is biggest in poker is going to be Sweden’s Martin Jacobson, who has 64.75 million in chips, and Norway’s Felix Stephensen, with 46.1 million. Van Hoof, meanwhile, has a by-no-means insurmountable chip lead of 89.6 million. Tonight, the players will compete for the prize that is top of10 million while the title of World Champion.
Déjà vu
November Nine play started off cagily, you a house or two as you might expect for a tournament with millions of dollars at stake in which some of the pay jumps could buy. In fact, it took 12 hours to whittle nine straight down to three. Initial elimination, whenever it came, was extraordinary, in that it ended up being Mark Newhouse, the guy who finished ninth year that is last. Someone determined that the odds of Newhouse making back-to-back final tables was 524,558-1, and so the odds of him completing ninth twice should be off the chart.
It needed been particularly galling for Newhouse, because he started the final table third in potato chips and a respectable 65 big blinds. But, if it is any consolation, some may genuinely believe that coming in ninth twice is really a tad more impressive than winning the whole thing once, albeit somewhat less lucrative. Newhouse picked up $ 730,725, for his incredible ninth spot finish, two and a half grand less than he won year that is last.
Fooseball Champion
Very entertaining performances regarding the night had been that of Billy Pappas, a fooseball that is celebrated from Massachusetts, who began the table as one of the short stacks, then became the actual shortstack, before doubling through twice to suddenly find himself second in potato chips.
We all love a rags-to-riches story, but alas is was not to be for Pappas, whose run came to an end when he ran his head that is a-J on Martin Jacobson’s pocket fives. A five on the flop crippled Pappas and he was out next hand in 5th, selecting up a handsome $2,143,794 for his crazy ride.
Van Hoof Nevertheless Favorite
Van Hoof will definitely be the favorite going into tonight’s finale, as he’s got a chip that is commanding, and also a vast level of tournament experience. However, there is lots of play left in those chips. Lying in 2nd, Jacobson is a good bet, too; a hugely constant competition player, he’s $4.8 million in lifetime real time tournament earnings, topping the money list that is swedish. Few players have actually made more EPT tables that are final Jacobson, yet that major first-place finish still eludes him. Could this be his year?
As well as the card that is wild be online player Felix Stephensen, who made a decision to enter the Main Event along with his winnings after betting that Holland would beat Australia precisely 3-2 in the planet Cup. Stephensen has recently parlayed that $1,000 bet into at minimum $3.8 million, the minimum each player will win tonight.
Caesars Entertainment Tanks with $908.1 Million in Third Quarter Losses
Caesars Entertainment CEO Gary Loveman is bullish on their company’s future, despite near to one billion dollars in losses within the third quarter alone. (Image: Vince Talotta/Toronto Star)
Caesars Entertainment is the company to compare your self to if you ever want to feel better about your spending habits or bank statements.
Already much-chastened with the casino industry’s highest financial obligation load by far, brand new reports of posted Q3 losses of $908.1 million can only just compound Caesars’ woes. Despite being probably the most recognized casino conglomerate in the world, Caesars’ level of financial obligation is colossal, standing at $22.88 billion at the end of September.
The organization is engaged in a battle with its creditors and bondholders in a bid to restructure some $18 billion of that stranglehold obligation.
Caesars acquired nearly all of its debt when the outfit went private in 2008, after a $30.1 billion takeover by Apollo worldwide Management and TPG Capital, simply as the downturn that is economic. As the recession ravaged the casino that is land-based in America, Caesars, with its 50 casinos across the US, was hit the hardest.
The company announced its intent to restructure its debt back in May, which analysts have actually stated is a necessity in an effort to avoid bankruptcy. The process would eradicate more than $1 billion of payments due in 2015 while not eliminating any long-term liability.
This in turn, said CEO Gary Loveman, would ‘lay the foundation for both de-leveraging that is significant value creation at Caesars Entertainment.’
Caesars Interactive Doubles Revenue
In August, the casino giant filed a lawsuit against a number of its investors, claiming these people were wanting to impede its efforts to restructure, and also the quick hits game slot machine company happens to be undergoing negotiations that are private banking institutions and lenders even now.
Loveman would not divulge details this on the progress of the talks, other than to say that Caesars was ‘keenly focused on deleveraging’ the balance sheet week.
‘While its premature to report on the details of these negotiations with creditors, it is fair to state that the talks have now been constructive,’ Loveman stated. ‘Further, we have been intensely concentrated on ensuring operating costs are aligned with the current environment to enhance profitability.’
The business’s web loss for the quarter was 19.3 percent greater than its net loss in the quarter that is third year ago; but, revenue really increased, to $2.212 billion, which Loveman said was driven mainly by Caesars’ social and mobile gaming operations, and reflected ‘strength in the interactive business, stabilizing trends regionally, and generally good performance in vegas.’
Caesars Interactive Entertainment (CIE), a subsidiary of Caesars Growth Partners (CGP), has seen revenue that is net to $161.6 million. CGP has made four purchases of social gaming development organizations over the previous years that are few has announced its intention to ‘be number 1 in the casino genre on mobile and Facebook.’
Meanwhile, CIE operates the popular WSOP.com on line poker brand in Nevada and nj-new Jersey.
Unfavorable Hold
Loveman stated that the business’s profits had suffered because of ‘unfavorable hold’ in the casino at Caesars Palace, which had cost the company around $35 million in operating. He said the nevada Strip casino also was struck by ‘a decline in high-end international play.’
Nonetheless, he also stated he was positive about the year-on-year development for the Las vegas, nevada tourism industry, specially on the Strip. ‘The trend reinforces our confidence in the investments we now have made on the Strip,’ he said. ‘Our new opportunities in Las Vegas have added significant value to our profile.
‘Moving forward, we come across several characteristics that bode well for the future, including signs of improvement in local markets, given supply that is limited and greater traction from our investments in hospitality and activity offerings across our system,’ he added.
Sweden’s Martin Jacobson Sweeps World Series of Poker Principal Event
Martin Jacobson may be the very first player from Sweden to win the WSOP Main Event. (Image: GutshotMagazine.com)
Martin Jacobson of Sweden won the World group of Poker (WSOP) Main Event on Tuesday evening, making a set of tens regarding the final hand to claim poker’s biggest championship. Jacobson’s victory marked his WSOP that is first bracelet, and also was included with $10 million in prize money.
Jacobson’s effort was one of the more impressive Main that is WSOP Event in recent history. The Swedish poker professional ended up being the leader by the end of Day 1A, and remained among the chip leaders virtually through the entire event until the final table, where he entered just in eighth place having a fairly short stack.
But Jacobson played brilliantly at the table that is final seemingly making techniques at the right times to keep his stack and chip up whenever possible. By the time play broke after A monday that is long session Jacobson sat in 2nd place with only three players remaining in contention.
Van Hoof Knocked Out in Third Place
It is hard to imagine being disappointed with a third place finish at the WSOP Main Event and a $3,807,753 prize, but Jorryt van Hoof could legitimately feel as though he must have done better. He entered both the final dining table and the final three with the chip lead, but failed to find any success during his last three hours into the tournament.
On his hand that is final Hoof held A5 of diamonds and moved all in for 46.2 million potato chips. Jacobson called with AT, establishing a potential removal. Van Hoof hit a five on the flop, but Jacobson also improved by having a ten. The turn and river both came down as queens, giving Jacobson the pot and van that is taking out in third destination.
‘ In the end, we completed third in the WSOP Main Event,’ Van Hoof said. ‘So, I can’t complain.’
Jacobson Pulls Away in Heads-Up Battle
That elimination set the stage for a heads-up battle between Jacobson, who now had 142 million in potato chips, and Norway’s Felix Stephensen, that has 58.5 million. Stephensen discovered some success that is minor, nevertheless the Swede eventually pulled away, pushing his opponent to under 30 million chips after having a little more than an hour of heads-up play.
That left Stephensen in a position where all-in moves were most likely the best option to get back to the fight. Both players moved all-in without being called on a few occasions ahead of the final hand that decided the tournament when and for all.
On that tactile hand, Stephensen exposed the action by raising to 3.5 million chips on the button. Jacobson very nearly immediately moved all in, and Stephensen quickly needed his final 28.3 million in chips. Stephensen showed their A9 of hearts, but he had been well behind Jacobson’s pocket tens.
Jacobson’s buddies and fans began calling for the ten from the rail, and their request was granted as the flop came 3-9-T. Stephensen had enhanced since well, but he now needed two cards to overcome Stephensen’s three tens. When a king arrived on the turn, the competition was over; the four on the river only managed to get official, as Jacobson was crowned as 2014’s World Champion.
Stephensen’s run through the field of 6,683 players could have ended in 2nd place, but he’ll still be well-rewarded for this kind of result that is impressive. Due to the fact runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a career who has recently been quite successful. He had currently won over $4.8 million in his tournament career before his WSOP victory, and was commonly regarded as the most accomplished player during the table that is final. He’s now the very first Swedish player to win the WSOP Main Event and also the winningest tournament poker player in the country’s history.
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