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Andreas Walnum Wins WPT Festa al Lago

23-Year-Old Poker Pro Takes Down World Poker Tour Event, Takes Home $1.1 Million First Place Prize

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Six players, survivors of a starting field of 433, gathered in the Bellagio's Grand Ballroom to settle a four-daylong question. Who would win the World Poker Tour Festa al Lago championship and take home a $1,090,025 first-place cash prize?

While the remaining group featured five professional players, the buzz entering action centered on the final table's lone amateur, Joe Pelton, who was on the verge of winning his second World Poker Tour season five title.

The 2006 Legends of Poker first-place finisher, Pelton came into the last day of the Festa al Lago with the opportunity to join Gus Hansen, Howard Lederer, Erik Lindgren, and Daniel Negreanu as the only players to win multiple championship events in a single WPT season.

At 4:07 p.m. PDT, tournament director Jack McClelland introduced the six participants and the 2006 Festa al Lago final table began with $10,000-$20,000 blinds and $2,000 antes.

The chip counts and seating were as follows:
1. Joe Pelton - $2,923,000 (seat #4)
2. David Baker - $1,652,000 (seat #6)
3. Andreas Walnum - $1,374,000 (seat #2)
4. Chris Loveland - $1,059,000 (seat #5)
5. Steve Wong - $886,000 (seat #3)
6. Can Kim Hua - $765,000 (seat #1)

Employing an aggressive playing still since taking the chip lead on day three, Pelton continued to apply pressure on his opponents at the final table, albeit with much less success. On the second hand of play, Pelton doubled up Steve Wong after Wong, holding Aspade Kdiamond, called Pelton's Aheart 9heart all-in preflop raise.

One hand later, and with the board showing Adiamond Qspade 8diamond 8club 6diamond, Pelton called an all-in reraise by Andreas Walnum. When Walnum flipped over the 6club 6heart, Pelton mucked. The win gave Walnum the chip lead, and dropped Pelton's stack down to $850,000

At one time ahead by over $1 million, Pelton fell to the bottom of the leader board, but he would not be the first player to exit from the Festa al Lago final table. An hour and 45 minutes into play, the other short stack, Can Kim Hua, called an all-in reraise by David Baker. A veteran pro with over $2 million in winnings but no major titles, Hua showed Aspade Kspade, only to have Baker turn up Aclub Aheart. Baker's aces held and Hua became the 2006 Festa al Lago sixth-place finisher ($83,490).

Despite the win over Hua, Baker failed to drag any other significant pots and his stack steadily declined. Down to his last $720,000, Baker, a high-stakes limit player, moved all in preflop, and Pelton, again wielding a sizable chip stack after doubling up several times, called. A slight race situation developed with Baker's Aclub 5spade against Pelton's Kdiamond Qspade. The Qheart 9club 2diamond flop and Kspade turn, however, gave Pelton two pair and Baker's tournament run ended in a fifth-place finish ($125,240).

Like Baker, Chris Loveland seldom found himself on the winning end of big hands at the Festa al Lago final table. Less than 20 minutes after doubling up through Pelton, and still the short stack, Loveland pushed all in over the top of a Walnum preflop raise. Walnum called, flipped over Adiamond Kclub, and Loveland took a slight lead with 7club 7heart. The statistical edge vanished when Walnum paired his ace on the flop and Loveland exited in fourth place ($187,745).

The departure of Loveland put Pelton within two eliminations of tying a WPT record, but any hopes of joining the likes of Lindgren and Negreanu ended two hands later. On a Kdiamond 8heart 7heart flop, Pelton made an all-in call, and his Jheart 9diamond needed to improve after Walnum turned over Kspade Qclub. Pelton missed his outs with the 3club turn and Aspade river. After making two WPT final tables in two months and flirting with poker history, Pelton walked off the televised set as the third-place finisher ($292,220).

The chip counts going into heads-up play were:

1. Andreas Walnum - $6,200,000
2. Steve Wong - $2,600,000

Walnum, a 23-year-old Norwegian poker pro, doubled up five times on day four to battle back from a short stack, and doubled once at the final table to take a chip lead he never lost. As for Wong, the 33-year-old professional player from Holland hovered near the middle to top of the leader board for the better part of days three and four en route to his final table appearance.

In the end, the all-European heads-up match lasted only two hands, and, in keeping with a current trend at World Poker Tour events, the winner was yet another talented, up-and-coming young player.

The final hand of the 2006 Festa al Lago started when Walnum made a $175,000 raise from the big blind and Wong called. Walnum bet another $200,000 on the Kheart Jheart 2club flop. The 8club generated a $400,000 bet by Wong, followed by Walnum raising to $800,000. With the 5diamond coming on the river, Walnum pushed all in. Wong called, flipped over the Kdiamond 4club, and then turned away from the table when Walnum showed the 2heart 2diamond.

Wong earned $542,000 for his runner-up finish.

As for Walnum, the youngest player at the Festa al Lago final table took home a diamond-encrusted Bellagio bracelet, a $1,090,025 first-place cash prize, and a $25,000 entry into the World Poker Tour Championship event.