Event #7: $365 No-Limit Hold'em Bounty

Event #7
No-Limit Hold'em Bounty
Buy-In: $300 (+$65)
Total Entries: 174
Prize Pool: $34,800

Michael Bailey Defends His Turf With a Victory in the Bounty Event.

Elizabeth, Ind. (October 8, 2015) -- Horseshoe S. Indiana regular, Michael Bailey, has won his first WSOP Circuit gold ring by taking down Event #7 - $365 No-Limit Hold'em Bounty. Bailey comes to the Horseshoe S. Indiana casino regularly to play in the weekly tournaments, but is relatively new to the WSOP. This is only the second WSOP event Bailey has ever played in.

"It feels great. Actually it is only the second World Series event I have played in," said Bailey about winning his first gold ring.

New to the World Series, Bailey didn't play like a rookie. He defeated a tough final table that included two gold ring winners. Third place finisher, Jason Hill, has two gold rings and fifth place finisher, Robert Cheung, has one gold ring. Cheung also has a gold bracelet to his name. The last opponent standing between Bailey and the gold ring was runner-up finisher, Barbra Walston. Walston has seen a fair bit of WSOP success over the past decade. She has now cashed 10 times in WSOP Circuit events, including reaching three final tables.

Beside the $9,396 first place prize, Bailey estimated that he had collected 12 bounties over the course of the tournament, which are worth $100 a piece. Bailey's post tournament plans are just to keep playing the game he enjoys. He expects to play in this weekend's Main Event to try to parlay his five-figure score into a potential six-figure score.

"I had a great time and enjoyed it," said Bailey on his WSOP experience.

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Event #7 was the seventh of 12 gold ring events on the WSOP Circuit schedule at Horseshoe S. Indiana. The $365 No-Limit Hold’em Bounty tournament attracted 174 players generating a $34,800 prize pool. Each bounty was worth $100. The top 18 players were paid.

Day 1 began Wednesday at noon and lasted 19 levels. Day 2 began Thursday at 2 p.m. with nine players remaining. The tournament concluded Thursday at about 5:00 p.m. near the end of Level 23.

Final table results:

1st: Michael Bailey - $9,396 + WSOP Circuit gold ring
2nd: Barbra Walston - $5,807
3rd: Jason Hill - $4,180
4th: John Denman - $3,064
5th: Robert Cheung - $2,285
6th: James Casement - $1,734
7th: Frank Schinco - $1,338
8th: Matthew Johnson - $1,050
9th: Luis Martinez - $837

Complete results can be found above under the "Results" tab.

Jason Hill (pictured) still leads as the field has been reduced to just five players. At this point the five remaining players are guaranteed at least the fifth place money of $2,285 and whatever they have in bounties.

Here is a look at the current chip counts:

• Seat 1: John Denman - 210,000 (17 BBs)
• Seat 2: Robert Cheung - 78,000 (6 BBs)
• Seat 3: Barbra Walston - 345,000 (28 BBs)
• Seat 4: Michael Bailey - 422,000 (35 BBs)
• Seat 5: Jason Hill - 605,000 (50 BBs)

- 50 minutes remain in Level 22: 6,000/12,000 with a 2,000 ante

Up-to-date results can be found above under the "Results" tab.

The final table begins today at 2 p.m.

Day 1 is quickly winding down. The tournament is down to its final three tables and the money bubble is approaching quickly. The top 18 spots are set to get paid with the 18th place finisher earning $467. Play will end for the night once the final table of nine players is reached. Those nine players will return tomorrow at 2 p.m. for Day 2 and the conclusion of the tournament.

Chip counts from this event will be made available tomorrow before the start of play.