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Champ Event 1 - $175 No-Limit Holdem

Day 2 Completed

10-22-2007 15:58 UTC+11

Steve Charles Wins Event #1 ($16,615), Jim Mastorakos Eliminated in 2nd Place ($12,050)

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[user25067]

Jim Mastorakos raised to 150,000 from the button and Steve Charles called. The flop was {7-Spades}

. Charles bet 300,000, Mastorakos moved all in and Charles called. Mastorakos turned up {A-Clubs}

for the nut flush draw, while Charles tabled {7-Diamonds}

for top pair. The turn was the {10-Spades}

, the river was the {4-Hearts}

, and after a quick count by the dealer to confirm that Charles had Mastorakos covered, he was declared the winner, taking home $16,615. Mastorakos earned $12,050 for his runner-up finish.

Congratulations to Steve Charles, who battled back after having his stack crippled to less than a big blind to win Event #1 of the Poker News Cup!

Level: 15

Blinds: 30,000/60,000

Ante: 0

10-22-2007 15:40 UTC+11

Steve Charles Gains Some Ground

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[user25067]

Jim Mastorakos limped in on the button and Charles checked from the big blind. The flop was {Q-Spades}

and both players checked. The turn was the {10-Spades}

. Charles checked, Mastorakos bet 100,000 and Charles called. The river was the {K-Spades}

. Charles bet 200,000 and Mastorakos called. Charles turned over {A-Diamonds}

, Mastorakos mucked and Charles dragged the pot.

After the hand, Charles was up to 925,000 while Mastorakos slipped to 700,000.

10-22-2007 15:34 UTC+11

Updated Chip Counts

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[user25067]

Jim Mastorakos 1,250,000
Steve Charles 425,000

10-22-2007 15:34 UTC+11

At Last, a Flop

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[user25067]

Steve Charles limped in on the button and Jim Mastorakos checked his option from the big blind. The flop was {Q-Diamonds}

. Mastorakos bet 100,000 and Charles called. The turn was the {A-Clubs}

. Mastorakos fired out another 100,000 and Charles called again. The river was the {Q-Spades}

. For the third time, Mastorakos bet 100,000 but this time, Charles folded and Mastorakos dragged the pot.

10-22-2007 15:28 UTC+11

Small-Pot Poker

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[user25067]

Thus far, Mastorakos and Charles have been playing small-pot poker with a hand rarely getting past the flop. A pre-flop raise and a bet on the flop so far has been enough to take the pot.

Level: 14

Blinds: 25,000/50,000

Ante: 0

10-22-2007 15:23 UTC+11