Filipe Oliveira Wins 2018 Caribbean Poker Party $10,000,000 Guaranteed Main Event

Portugal’s Filipe Oliveira has won the 2018 Caribbean Poker Party $10,000,000 guaranteed $5,300 buy-in no-limit hold’em main event. The tournament drew a total of 1,815 entrants, which meant that the event ended up with an overlay of more than $900,000. Oliveira earned a massive $1,500,000 payday as the champion of this event, dwarfing his previous career live tournament earnings of just over $100,000.

In addition to the money and the title, Oliveira also earned 2,160 Card Player Player of the Year points for the win. This was his first POY-qualified score of the year, but it alone was enough to see him climb into 91st place in the 2018 POY race standings.

Oliveira entered the final day of this event in fifth chip position with 11 players remaining, including the likes of Anton Wigg (10th – $110,000), 2018 World Series of Poker main event seventh-place finisher Alex Lynskey (9th – $155,000) and Joe Kuether (8th – $218,500).

While Oliveira came into the day with an above average stack, he found himself tumbling down the leaderboard after losing several big pots at the final table. He dwindled down to just 3.5 big blinds during six-handed action but managed to find a triple up, getting all-in with K6 and flopping a six to take the lead in the hand. He held from there to chip up from 35,000,000 to roughly 120,000,000. He found another double up not long after that to get himself right back into contention.

Oliveira won a coin flip with pocket nines against the KJ of Pascal Hartmann. The board ran out A4285 to send the German home in fourth place with $800,000.

Oliveira continued to chip up during shorthanded play, taking the chip lead into heads-up even after Craig Mason knocked out Marc MacDonnell in third place ($1,000,000). Oliveira increased his advantage even further as heads-up play continued.

In the final hand Mason raised from the button and then called Oliveira’s three-bet to 120,000,000. The flop brought the Q92 and Oliveira bet 60,000,000. Mason moved all-in for 299,000,000 and Oliveira called with A9 for middle pair and an ace kicker. Mason was in rough shape with the K9. The turn was the J and the river the 4, securing the pot and the title for Oliveira and sending Mason to the rail in second place ($1,200,000).

Here is a look at the payouts and POY points awarded at the final table:

Winner photo credit: partypoker LIVE.

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