Jae Kyung Sim Wins 2013 PokerStars.net APPT Cebu

Jae Kyung Sim Wins 2013 PokerStars.net APPT Cebu

For the first three days of the 2013 PokerStars.net Asia-Pacific Poker Tour Cebu Main Event, Jae Kyung Sim was content with sitting back and letting his opponents take each other out. Sim rode a short stack for much of Day 3, and he only collected chips late in the night to set himself up for Saturday's final table. However, Sim turned it on for the last day of play, knocking out six of his eight opponents on route to winning the event, along with PHP 3,948,000 ($96,646 USD).

2013 APPT Cebu Final Table Payouts
Place Name Prize (PHP)
1 Jae Kyung Sim 3,948,000
2 Magnus Karlsson 2,538,000
3 Anthony Wright 1,480,000
4 Jim Collopy 1,128,000
5 Daniel Spence 917,000
6 Bawod Hyunshik Yun 705,000
7 Timo Kohijoki 564,000
8 Michael Allmrodt 458,000
9 Andrew Nguyen 352,920

Philippine peso? Wow I guess its value against the dollar has risen in the past couple of years. Before @ 4 million would be $80,000 USD