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Southern Poker Championship / WPT Event Season 7

Event #13 - Pot Limit Omaha Championship
January 11, 2009 at 12:00 PM
Beau Rivage Hotel & Casino
Tournament Schedule
Buy-In $5,000 + $150
Prize Pool $213,100
Entries 46
Report Available
Jose Torres

Jose Torres

Place Name Prize
1 Jose Torres AKA "AK is not a pair" (Cooper City, FL, USA) $95,895
2 Jacobo Fernandez (Hollywood, FL, USA) $53,275
3 Scott Clements (Mount Vernon, WA, USA) $31,965
4 Dau Ly AKA "Tommy Ly" (Duluth, GA, USA) $21,310
5 R.S Peter (Susanville, CA, USA) $10,655

Tournament Report

Jose Torres Wins Biggest Buy-In Pot-Limit Omaha Tournament Ever Held in the South

Business Owner and Poker Player Defeats Fellow Hollywood, FL Resident Jacobo Fernandez in Heads-Up Play; Two-Time WSOP Event Winner Scott Clements Takes Third

Biloxi, MS (January 12, 2009) - The biggest buy-in Pot-Limit Omaha tournament ever in the history of the South was held today at Beau Rivage Resort & Casino in Biloxi. This was the third straight year such an event has been offered at an MGM-Mirage property. Gold Strike Casino Resort in Tunica, MS played host to a similar event the past two years.

Pot-Limit Omaha has been a staple of the Mississippi poker scene for many years. The World Poker Open - which was played every January in upstate Tunica between 2000 and 2007 until a schedule-changed moved the event to the fall - routinely attracted swarms of eager PLO enthusiasts. High-stakes cash games, often with millions of dollars at stake, and several PLO events on the tournament menu always managed to draw players not just from the U.S. but from Europe as well, where PLO is one of the most popular variations of poker. It was no surprise then that Ken Lambert, Jr., Director of Poker Operations made PLO a top priority on this year's Beau Rivage schedule.

This was second of two Pot-Limit Omaha tournaments on the 15-tournament schedule. A $500 buy-in Pot-Limit Omaha tournament ended a few days ago with poker pro Brent Carter taking the top prize. This competition was played over two consecutive days. Due to the high buy-in of $5,000, the field was limited to 46 players who participated. But the field was indeed world-class with several famous names and faces competing for $213,100 in total prize money.

The winner was Jose Torres, a 38-year-old business owner from Hollywood, FL. Following his third major tournament victory in three years, Torres was presented with $95,895 in cash and the custom-designed white gold and diamond bracelet, which is the top prize at all SPC events. He also received an entry into the championship event valued at $10,000, which will take place later this week.

Predictably, the route to victory had many obstacles. After most of the field was eliminated on the first day, nine survivors took seats at the final table. Day two began with top pro Bill Edler (131K) holding a slight chip lead over another Las Vegas poker pro Michael Binger (115K). Eventual winner Torres was in third place. Four of the nine finalists did not receive any payout. In fact, neither of the early chip leaders -- Edler nor Binger -- made it into the money. After former WSOP event winner Edler was eliminated in sixth place, the five remaining players were guaranteed prize money, with nearly a hundred grand going to the winner. The top five finishers were as follows:

*5th Place -* R. S. Peter, a 60-year-old administrator from Susanville, CA finished in fifth place, which paid $10,655.

*4th Place -* Tommy Ly, a professional poker player from Duluth, GA finished in fourth place and collected $21,310. He also made it to back-to-back final tables in PLO events at the 2007 World Series of Poker.

*3rd Place -* Scott Clements, a 27-year-old touring poker professional from Mt. Vernon, WA took third place. He was officially paid out $31,965 (a deal was reported made when action became three-handed). Clements, who holds two WSOP gold bracelets, now has nearly $3.2 million in career tournament winnings.

*2nd Place -* Oddly enough, both of the final two players were from Hollywood, FL. Their homes are only miles apart. Jacobo Fernandez, a poker pro was the runner up. He cashed seven times at the 2008 WSOP. Fernandez received $53,275 in this event as his official payout.

*1st Place -* The key hand of the tournament took place late when Jacobo Fernandez flopped two pair to go along with a flush draw. Jose Torres flopped a straight. The made-hand held up while Fernandez failed to improve. A few hands later, Torres took the rest of his opponent's chips and the tournament was over.

Torres has previously won tournaments, including the Five-Star World Poker Classic, which is part of the World Poker Tour. This was his 25 th time to cash. He now has over $300,000 in career tournament winnings.

Through the end of the Pot-Limit Omaha championship, a combined 4,267 players have now entered the 13 events played at this year's SPC. With this event, the total payout has been $2,469,095 in prize money paid out to winners. There are two events still to be completed. The championship event ends on January 17th.

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