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Jeff Madsen Wins the Borgata Winter Open

Madsen Takes Home the Top Prize Worth $625,006 and Surpasses $3 Million in Career Earnings

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2010 Borgata Winter Open Champion Jeff MadsenThe final table of the Borgata Winter Open $3,000 no-limit hold’em championship began just after 11 a.m. EST today at the Borgata Hotel and Casino in Atlantic City, New Jersey. The initial field of 766 players had been whittled down to the final 10, and all of them were guaranteed at least $31,876 in prize money. Here is a look at the chip counts when play began:

1: Al Grimes — 4,100,000
2: Jeff Madsen — 3,185,000 (pictured right)
3: Chan Pelton — 650,000
4: Sirous Jamshidi — 4,750,000
5: David Fox — 1,695,000
6: Nick Kamen — 3,320,000
7: Thomas Marchese — 1,623,000
8: Jonathan Hamilton — 1,555,000
9: Ross Mallor — 880,000
10: Matt Matros — 1,195,000

The first player to fall at the final table was one of the most well-known players remaining. Matt Matros was eliminated in 10th place ($31,876) when his pocket sixes fell to the A-K of Nick Kamen. Chan Pelton was able to double up after that, but his luck ran out when tried to double up a second time. He held A-10 against the pocket eights of Jeff Madsen. The board brought blanks, and Pelton was eliminated in ninth place ($49,039).

An hour after Pelton took his leave, Ross Mallor shoved all in for his final 770,000 with K-Q in the hole. Al Grimes made the call with A-10, and he promptly made two pair to send Mallor home in eighth place ($67,429). Another professional fell next, and he is one of the most consistent performers at Borgata tournaments, David Fox. The pro moved all in for 375,000 under the gun, and two players called him down. Fox held A-7 against the K-Q of Grimes and the KSpade Suit 3Spade Suit of Sirous Jamshidi before the board gave Grimes two pair to win the hand. Fox took home $91,919 in seventh place.

Al Grimes fell next in sixth place ($116,468). He moved all in on a 10-10-5-Q board with J-9 in the hole, but Madsen was waiting with 10-8. The river brought another 5, and Madsen made a full house. Very soon after that, Kamen tried to make a move by shoving all in for 2.1 million with A-8 in the hole. Barkley Hamilton woke up with pocket kings behind him and quickly made the call. The kings held, and Kamen took home $140,988 for fifth place.

Hamilton was the next player to fall over an hour later. Hamilton held pocket threes during the hand on a board that ran out 9-5-3-10-4. Hamilton led the betting the whole way, but after he bet 1.3 million on the river, Madsen reraised all in. Hamilton made the all-in call and discovered the bad news. Madsen held pocket fours, and he hit a higher set on the river to win the hand. Hamilton was eliminated in fourth place ($165,508) after suffering the bad beat. Third place was a less messy affair. David Marchese moved all in preflop with pocket nines, and Madsen made the call with A-Q. The board gave Madsen a queen and an ace, and Madsen claimed another victim. Marchese took home $190,027 for the third-place finish.

The heads-up final between Madsen and Jamshidi began with the two players even in chips. During the first hour of heads-up play, Madsen grew a 2-1 chip lead over his opponent, holding 15 million to 7 million. Another half hour transpired without an all-in bet between the two finalists, and Madsen grew his chip lead to 20 million. Madsen employed a small-ball strategy to grind his opponent down, and it eventually worked to give him the win.

On the final hand, Jamshidi moved all in preflop for his final 1.9 million. Madsen made the call, and they flipped over their cards:

Madsen: KHeart Suit 10Diamond Suit
Jamshidi: QSpade Suit 2Spade Suit

Board: JDiamond Suit 7Heart Suit 6Club Suit KDiamond Suit 5Club Suit

Jamshidi was eliminated in second place after the hand, and he took home $367,794 for his efforts. Madsen won the top prize worth $625,006 and he now holds more than $3 million in career earnings.

Final-Table Results:

1st: Jeff Madsen — $625,006
2nd: Sirous Jamshidi — $367,794
3rd: David Marchese — $190,027
4th: Barkley Hamilton — $165,508
5th: Nick Kamen — $140,988
6th: Al Grimes — $116,468
7th: David Fox — $91,949
8th: Ross Mallor — $67,429
9th: Chan Pelton — $49,039
10th: Matt Matros — $31,876