Steve "MrSmokey1" Billirakis WPT Championship Chip Leader After Day 3

Published on April 22nd, 2009 2:19 am EST

1. WPT Championship Update. Day 3 of the $25,000 WPT Championship is now a wrap, with Steve "MrSmokey1" Billirakis ending the day as the chip leader.

There are currently 62 players left in the event, down from a starting field size of 338.

Billirakis, as mentioned, currently possesses the chip lead with a total stack of around 1.72 million.

Matt Hyman is right behind "MrSmokey1" with a stack of around 1.66 million. Mark Seif, Nenad Medic and David Singer all possess top five stacks as well.

The average chip stack is around 550k.

This is a super deep-stacked tournament, as the blinds are currently $4000/$8000 with a $1,000 ante.

The winner of the tournament will receive around $2.14 million dollars, while the second place finisher will receive $1.4 million dollars. We have almost reached the money, as the top 50 places will all be paid at least $32,585.

There are still four full days of play left, as the tournament will wrap up on Saturday.

There are a number of very well-known names still left in the tournament, including:

Phil Ivey - 1.036 million
Jennifer Harman - 828k
Jeff Madsen - 712k
Scotty Nguyen - 557k
Chad Batista - 515k
Bertrand "ElkY" Grospellier - 378k
Chris Ferguson - 338k
Boris Becker - 306k
Kathy Liebert - 290k
Mike Matusow - 272k
David Benyamine - 268k
Jimmy Fricke - 259k
Dutch Boyd - 253k
Sammy Farha - 90k

Some of the well-known names who hit the rail today included:

-Daniel Negreanu
-Justin Bonomo
-Phil Laak
-JC Tran

Action will pick up at Noon local time on Wednesday.

2. Gus Hansen Update.

No one will ever accuse Gus Hansen of being a boring online poker player.

The Danish poker player is known for his wild bankroll swings, and this month has been no different.

According to HighStakesDB.com, Gus Hansen is currently down nearly $3.3 million dollars over the first 20 days of April.

He has dropped this money over a total of 16,710 tracked hands, meaning that he has lost around $200 for every hand that he has played this month.

Since March 29th, the results are even worse for Hansen, as he has suffered a $4.1 million dollar loss on Full Tilt Poker since that date.

A $4.1 downswing is quite incredible, even for the ultra-volatile Hansen.

Source: HighStakesDB.com


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