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Jake Cody Busts Short of the Money in the WPT World Championship

Jake Cody

Team PokerStars Pro Jake Cody will not be adding the title of World Poker Tour World Championship winner to his impressive list of poker achievements after he busted out on Day 4 of the $25,500 buy-in Main Event.

Cody, whose only previous cash in a WPT event was when he won WPT London in August 2010, crashed out at the hands of the controversial Chino Rheem during the second level of play on Day 4. With the blinds at 6,000/12,000/2,000a, Rheem opened to 25,000 from the hijack seat and Cody was next to act in the cutoff. Cody moved all in for 264,000 and after some deliberation Rheem decided to call with {9-Diamonds}{9-Spades}. Cody showed {J-Diamonds}{10-Diamonds} and the race was on.

It was a race that was over almost as quickly as it had started because although Cody flopped a ten, Rheem flopped a set of nines. Rheem’s set held – Cody improved to a second-best two pair on the river – and Cody was sent to the rail in 19th place with 15 places paid.

Jake CodyOh well life is good, Mexico in a few days for the end of SCOOP on Pokerstars then straight back to Vegas #bracelethunting

If it is any consolation to Cody, Rheem put his chips to good use and finished the day as an overwhelming chip leader. By the time the curtain came down on the day’s proceedings, Rheem had amassed 4,839,000 chips, almost double that of his nearest rival Erick Lindgren who banked 2,518,000 chips.

Rheem has a long list of impressive poker tournament results including a seventh place finish in the 2008 World Series of Poker Main Event ($1,772,650), a win in the 2008 WPT Doyle Brunson Five Diamond World Poker Classic ($1,538,730) and a victory in the now defunct Epic Poker League ($1,000,000). When added together, Rheem’s live tournament cashes total $5,966,174 and he is now in with a realistic chance of securing an additional $1,150,297.

Just eight players remain in the WPT World Championship, each are guaranteed a payday of at least $101,935. But there is more on the line than just the money for Jonathan Roy, who needs to win the tournament outright in order to be crowned the WPT Player of the Year, a title he will snatch at the last minute from Matt Salsberg.

Day 5 should be a brief affair as the eight remaining players fight it out for the six seats on the televised final table. Rocco Palumbo (680,000) and Daniel Negreanu (545,000) are the shortest stacks at the start of play and with the blinds commencing at 15,000/30,000/5,000a they are going to have to make moves sooner rather than later if they are to secure a final table seat.

WPT World Championship Day 5 Seat Draw

1Jonathan Roy1,987,000
2David Peters858,000
3Erick Lindgren2,518,000
4Rocco Palumbo680,000
5Brandon Steven1,235,000
6Daniel Negreanu545,000
7Matt Hyman1,940,000
8Chino Rheem4,839,000

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