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Buy-In: $1,600
Prize Pool: $798,000
Entrants: 560

$1,600 CPPT No-Limit Hold'em $500K GTD

  • Jan 05, '23 - Jan 08, '23
  •  

 
 

Updates on Final Day (Jan 08, 23)

 
 

Alan Mastic Wins CPPT Venetian Main Event For $131,746

The $1,600 buy-in Card Player Poker Tour main event, part of the DeepStack Extravaganza series at The Venetian on the Las Vegas Strip, drew a field of 560 entries. The turnout helped the prize pool easily top the $500,000 guarantee, coming in at $798,000.

The biggest slice of that prize pool went to Reno, Nevada’s Alan Mastic, who banked a personal-best $131,746.

“It was just steady playing,” the 69-year-old said. “I got lucky one time at the final table, and it went well from there.”

The computer programmer has been playing poker for the last 25 years. This was the second Venetian title for Mastic in the last week. On New Year’s Eve, he beat out 95 players in the $400 buy-in MonsterStack event to earn $9,546.

Mastic’s previous best score came in the 2022 World Series of Poker main event when he finished 200th for $53,900.

In order to claim the title, he had to overcome a tough final table that featured accomplished tournament player Khoa Nguyen (8th), three-time bracelet winner Kristen Foxen (7th), WSOP.com Player of the Year Mike Holtz (5th), recent Poker Hall of Fame nominee Kathy Liebert (4th), and WPT champion and bracelet winner Jared Jaffee (3rd).

It was another deep run for Liebert, who has been on a tear recently. This summer she final tabled the WSOP senior’s event, banking $186,541 for fifth place and in November she won a WSOP Circuit ring online. She cashed four times at the WPT World Championship, including a fifth-place finish in the Ladies Championship.

Foxen, nee Bicknell, had a good chance at the win but had her pocket aces cracked by Jaffee’s A-10. It was Jaffee’s second big suckout, having also beaten pocket kings with K-Q to bust Adam Walton in 13th place.

Jaffee’s good fortune finally ran out after running a dominated ace into Mastic during three-handed play.

With that, Mastic took a 4:3 chip lead over Marquis Waters to start heads-up play. After Waters asked for a chop, however, the two decided to pause the clock.

After breaking down the chip stacks and running the numbers, the two agreed to end the tournament with a deal. Waters took home $128,500, with Mastic signing for $131,746.

Final Table Results

Place Player Payout POY
1 Alan Mastic $131,746 840
2 Marquis Waters $128,500 700
3 Jared Jaffee $74,104 560
4 Kathy Liebert $52,723 420
5 Michael Holtz $38,185 350
6 Mark Koeln $28,162 280
7 Kristen Foxen $21,157 210
8 Khoa Nguyen $16,196 140
9 Pierce McKellar $12,638 70
Player Tags: Alan Mastic
 

Alan Mastic Wins Card Player Poker Tour Venetian Main Event - Marquis Waters Takes 2nd Place

Marquis WatersThe final two players decided to chop up the remaining prize pool to crown a champion in the Card Player Poker Tour Venetian main event.

Alan Mastic took home $131,746 in prize money as the winner of the tournament, along with the title and the trophy, while Waters was awarded the second-largest portion of the prize pool to the tune of $128,500.

Player Tags: Alan Mastic,   Marquis Waters
 

Jared Jaffee Eliminated in 3rd Place by Alan Mastic

Jared JaffeeJared Jaffee was all in preflop for 3.3 million from the button, and Alan Mastic thought for a minute before calling to cover on the big blind. The two players then flipped over their cards.

Mastic: ASpade Suit8Club Suit
Jaffee: AHeart Suit5Heart Suit

Board: QHeart Suit7Heart Suit2Diamond Suit6Spade Suit10Spade Suit

Jaffee was eliminated in third place, good for $74,104, and Mastic stacked up 12.7 million after collecting the pot. He will take that stack into the heads-up final against Marquis Waters, who holds 9.7 million.

Alan Mastic – 12,700,000 (63 bb)

Player Tags: Jared Jaffee,   Alan Mastic
 

Chip Counts

Here are the chip counts for three-handed play.

Player Chip Count
JARED JAFFEE 6,200,000
MARQUIS WATERS 9,600,000
ALAN MASTIC 6,600,000
 

Kathy Liebert Eliminated In 4th Place

Kathy LiebertKathy Liebert shoved on the button for 1,250,000 and Alan Mastic eventually made the call in the big blind with ADiamond Suit6Diamond Suit.

Liebert held KSpade Suit9Spade Suit, but couldn’t catch up on a board reading AClub SuitJSpade Suit10Heart Suit8Diamond Suit9Heart Suit.

Liebert earns $52,723 for her latest deep run.

Player Tags: Kathy Liebert,   Alan Mastic
 

Mike Holtz Eliminated in 5th Place by Jared Jaffee

Mike Holtz2021 WSOP.com Player of the Year Mike Holtz was all in for a little less than 2 million with KSpade Suit9Spade Suit in the hole, and Jared Jaffee had him covered holding ADiamond Suit6Club Suit.

The final board read ASpade Suit5Club Suit3Diamond SuitAClub SuitJSpade Suit, and Holtz was eliminated in fifth place, good for $38,185. Jaffee stacked up 6.65 million after collecting the pot.

Jared Jaffee – 6,650,000 (33 bb)

Player Tags: Jared Jaffee,   Michael Holtz
 

Level 31

Play continues as the blinds increase to 100,000-200,000 with a 200,000 ante.

The average stack is currently 4,500,000, for an average of just over 22 big blinds.

 

Mark Koeln Eliminated in 6th Place

Mark KoelnThere was 2.9 million in the pot, and the board read KSpade Suit9Heart Suit2Heart SuitAClub Suit when Mark Koeln got all in for 3.2 million. Marquis Waters thought for a minute before calling all in for 3.15 million. The two players then flipped over their cards.

Waters: KDiamond Suit2Diamond Suit
Koeln: 7Heart Suit6Heart Suit

The river delivered the 5Diamond Suit, and Waters doubled up to survive with 9.2 million. Koeln held just 75,000 after the hand.

Koeln got that 75,000 into the middle immediately on the next hand of play, and Waters was once again his opponent. This time around Koeln held QSpade Suit7Diamond Suit against the 7Heart Suit7Club Suit of Waters.

The board ran out 10Club Suit6Heart Suit5Spade Suit2Spade Suit10Diamond Suit, and Koeln was eliminated in sixth place, good for $28,162 in prize money.

Marquis Waters – 9,275,000 (77 bb)
Mark Koeln – Eliminated in Sixth Place ($28,162)

Player Tags: Mark Koeln,   Marquis Waters
 

Chip Counts

Here are the chip counts during the short color-up break that just occurred.

Seat Player Chip Count
1 MARK KOELN 4,675,000
2 JARED JAFFEE 5,100,000
3 KRISTEN FOXEN 7th ($21,157)
4 KATHY LIEBERT 2,550,000
5 MARQUIS WATERS 4,225,000
6 KHOA NGUYEN 8th ($16,196)
7 PIERCE MCKELLAR 9th ($12,638)
8 MIKE HOLTZ 1,500,000
9 ALAN MASTIC 4,400,000
 

Level 30 Begins

Play continues as the blinds increase to 75,000-150,000 with a 150,000 big blind ante.

 
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