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