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

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

World1. 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, 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.



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