Chase Cup set to break ₱5M guarantee; Abel Pelayo tops largest flight yet

Chase Cup

The inaugural Chase Cup taking place at Poker8 Cebu in Mandaue City, Philippines kicks off today with its fifth and final starting day. With the event attracting 291 over the past four days, only 14 more are needed to breach the ₱5 Million (~USD 86,900) guaratntee which is expected to happen within minutes of the first level.

Cards start flying at 1pm local time. Registration closes at the start of Level 9 at around 7pm. Bagging time is at ITM of 12.5% of the field.

The Chase Cup is the first poker event in the Central Visayas region of the Philippines in over a decade. To spice it up, the eventual champion will receive a Rolex Submariner along with a substantial cash prize.

Chase Cup review

Date: May 1 to 7, 2024
Buy in: PH₱ 18,800 (~USD 327)
Guarantee: PH₱ 5,000,000 (~USD 86,900)
Cumulative entries: 291

Day 1  numbers

Day 1A: 41 entries / 6 ITM
Day 1B: 32 entries / 4 ITM
Day 1C: 84 entries / 11 ITM
Day 1D: 134 entries / 17 ITM

Chase Cup – Structure

Starting stack: 30,000 (150x starting blinds)
Day 1 Starting blinds: 100-200 ante 200
Level increases: 40 minutes
Registration: ends at start of Level 9
Bagging time: 12.5% of the field

This is a shot clock event which means the Action Clock will be in place from the start. Each Day 1 player will be given five time-banks worth 30 seconds each

Abel Pelayo tops largest Day 1

Abel Pelayo at Chase Cup
Abel Pelayo

The Chase Cup started with a slow engine then picked up tremendously at Day 1D making it the largest flight to date. A large contingent of locals from Metro Manila filled the room along with a scatter of regional and international players. Among the arrivals were Vamerdino Magsakay, Florencio Campomanes, Moses Saquing, Richard Marquez, Emman Segismundo, Alexis Lim, however all fell including Kai Paulsen on the bubble.

Chase Cup Cebu 2024: Main Event – Day 1D (Live Updates)

Locking up Day 2 / ITM round spots were notables Mike Takayama, Edilberto Gopez Jr. Joven Huerto, Jeorge Lagatuz, and Jonald Garcia. Closing out the day with the largest stack was Abel Pelayo with 529,000 in chips putting him right under top ranked Day 1A leader Joshua Figuerres in the Day 2 leaderboard.

Day 2 – Top 10 in chips

Rank Player Stack BB
1 Joshua Figuerres 611,000 153
2 Abel Pelayo 529,000 132
3 Joel Diaz 443,000 111
4 Clyde Ravina 380,000 95
5 Michel Anchez 377,000 94
6 Junnie Pamplona 343,000 86
7 Rey Bagyo 314,000 79
8 Alexis Cruz 314,000 79
9 Kenrick Lim 311,000 78
10 Jeorge Lagatuz 303,000 76

Cash Games

For those that have advanced, take advantage of the daily cash games. Stakes available are: 25-50 and 50-100. For VIP grinders, 500-1,000, 1,000-1000, and 1,000-1,000-2,000.

Chase Cup – Schedule

Chase Cup ₱5 Million guaranteed

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Tricia David

Tricia David has long experience as a recreational poker player and has been covering poker events since 2010 for numerous outfits in Asia. She spent one year working part time with Poker Portal Asia then became editor and lead writer for all event coverage of the Philippine Poker Tour (PPT). Under the PPT, she overlooked content for their website, and produced live updates on all their events. In addition, she served as the live and online events website content writer for the Asian Poker Tour. Currently, she does live events reporting in Asia for online news site Somuchpoker and is also one of their news contributors.

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