Pot-Limit Hold’em/ Omaha $ 2.5K: Jose-Luis Velador has the victory
2010-07-28
Jose-Luis Velador emerged victorious in the $2,500 buy-in Pot-Limit Hold’em/Pot-Limit Omaha championship at the ongoing World Series of Poker (WSOP). After his victory in the $1,500 buy-in No-Limit Hold’em event at WSOP in 2008, this was Velador’s second WSOP gold bracelet victory. He got earnings of $ 260,552 for his victory. The event had a total of 482 entries for the 45 paid places in the event which had a net prize pool of $ 1,108,600. The event was held at the Rio All-Suite Hotel & Casino Las Vegas, Nevada.
The event had some of the big names in the 482 entries that were seen on the first day. There were 126 players who survived the first day and got an opportunity to come back on the second day. There were only nine players who could make it to the final table on the last day. Out of these nine three had earlier won a gold bracelet, Luis Velador and Rob Hollink had won one each while Dave Chui had won four earlier.
In fact Velador, Chui and Ivey had finished at the top of the leader board at the end of day two. At the end of the event, David Chiu finished as the runner up while Rob Hollink got the third position. It was for the first time in 2010 WSOP that the first three spots had been taken by former winners.
David Chui got $ 160,902 for his position while Rob Hollink earned $ 116,358 for being the third finisher. David Chiu’s last gold bracelet victory came in the year 2005 while Rob Hollink had won the $10,000 buy-in Limit Hold’em championship in 2007.
As the match became two handed in the last stages, Chiu found himself short-stacked and after 20 minutes he went out. When Luis Velador was dealt 7d 6c against Chiu’s Ac Th, the final hand of the tournament came. 6s 3s 2d 9c Js ran on the final board, giving Velador his second WSOP title.
Craig Gray the fourth finisher pocketed earnings of $ 85,029 while Kavin Macphee earned $ 62, 791 for finishing fifth. Cashing in for the 16th time in his WSOP career was Annand Ramdin who earned $ 46,860 for the sixth position. James Mitchell from England received $35,331 as he had finished seventh while Gavin Cochrane who had finished at the eight position and Matt Sterling who finished ninth won $ 26,905 and $ 20, 697 respectively.
Born in Mexico Luis Velador has been playing poker professionally for the past 13 years. He first entered in the WSOP main event in 2006 which he followed up by participating in the same event in 2007 and was lucky enough to cash in both the events. Prior to turning a professional he was a tile setter.
After winning his second WSOP he said that there was a very tough final table and it is not easy to win a title considering the number of strong players that one has to beat. He said that winning a title meant a lot to him. He also said that the game of poker was getting tougher each day with new kids playing in.
On a lighter note when asked what he was going to do with the bracelet, he said that he was going to gift it to her wife on her birthday.
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Pot-Limit Hold’em/ Omaha $ 2.5K: Jose-Luis Velador has the victory News
