Guillermo Olvera Wins 2013 Punta Cana Poker Classic

Mexico’s Guillermo Olvera has won the 2013 Punta Cana Poker Classic, after besting a field of 490 players on his way to capturing the coveted title, and collecting the $171,100 first place prize.
The $1,650 buy-in tournament was held at the Hard Rock Hotel in the Dominican Republic and attracted an impressive sized field to create a prize pool worth $712,950, with the top fifty players then receiving a cash payout. The event was also well attended by sponsored pros representing online poker sites Team Bovada, Americas Cardroom, and BetCRIS.com, and impressively six members of Team Bovada ended up cashing in the money.
By the time the final table of nine had been reached, Leo Otazo was the chip leader on a 2.47m stack, with Guillermo Olvera in 4th spot (940k), and Jonathan Iavouelli in 8th on a 495k stack. Other players also competing for a shot at the title included Chanracy Khun, Derrick Scott, Gabriel Diaz, Patrick Serda, Anthony Zinno, and Stuart Marshak.
Eventually three-handed play would be reached with Mexico’s Guillermo Olvera facing-off against Chile’s Leo Otazo and USA’s Jonathan Iavouelli. Unfortunately for Iavouelli, though, he exited in 3rd ($62,740) after his pocket sixes faltered against the pocket kings of Otazo, thus ushering in the heads-up phase of the competition between Olvera and Otazo.
As the heads-up battle commenced, both players were fairly even in chips and it would then take two hours before the defining hand was played after Leo Otezo moved all-in holding Qd-2d on a 10d-3-4d flop. Unfortunately for him, Olvera (Kd-7d) had the better flush draw and with the turn and river producing a harmless 6c and As, Leo Otazo had to be satisfied with a runner-up finish worth $101,952, while Guillermo Olvera was crowned the 2013 Punta Cana Poker Classic champion.
Final Table Payouts:
1 Guillermo Olvera    $171,100
2 Leo Otazo           $101,952
3 Jonathan Iavouelli  $62,740
4 Anthony Zinno       $38,500
5 Chanracy Khun       $30,657
6 Gabriel Diaz        $23,527
7 Patrick Serda       $20,676
8 Derrick Scott       $17,824
9 Stuart Marshak      $14,972