Stephensen made his presence felt early on in the final table when he pulled off a bluff against Billy Pappas. With blinds of 200,000/400,000 and a 50,000 ante, Pappas raised to 900,000 with 88 and Stephensen defended with Q2. The flop was A54 and Pappas led out for 1.25 million. Stephensen called and the K fell on the turn and Pappas checked. Stephensen bet 1.75 million and Pappas check-called. The river was the 7 and Pappas checked again. Stephensen bet 4 million and took the pot after Pappas folded.
Stephensen went to the first break near the top of teh chip counts, but came back to blinds with 250,000/500,000 and a 50,000 ante and the Norwegian began to bleed some chips.
Stephensen dropped a pot to Jorryt van Hoof when he couldn’t top van Hoof’s QQ with AT. He check-called two streets and check-folded the river as the board ran out KKT5A. He then dropped more chips to Mark Newhouse when Newhouse turned a flush with QT against Stephensen’s AK on a board of KT824. Like with van Hoof, Stephensen check-folded the river after check-calling the flop and turn.
He dropped back into sixth chip position as they moved to the second break of the day, but he gained some momentum back when he eliminated Bruno Politano in eighth place. With blinds of 300,000/600,000 and a 75,000 ante, Politano moved all in from the button for his last 8.1 million with QT and was called by Stephensen from the big blind with 77. The board ran out 632K9 to send chips into Stephensen’s stack.
The blinds were increased to 400,000/800,000 and a 100,000 ante when Stephensen slid back to the official short stack of the table while it was six-handed. There was a failed bluff attempt against Martin Jacobson, which left him with just under 20 million. He slid even further and was down to 11.575 million when he scored a double up through Jacobson.
Stephensen got his chips in preflop with 77 against Jacobson’s A9. The board ran out 87263 and Stephensen found life again as he doubled up to over 24 million in chips. He doubled up again when he sucked out against van Hoof.
Pappas raised to 2.25 million on the button and Stephensen moved all in for 20.8 million out of the small blind. Van Hoof moved all in over the top from the big blind and Stephensen was in bad shape to stay alive. Stephensen showed A8 and was up against van Hoof’s JJ. Stephensen flopped an ace as the board ran out A65T7 to double him up to 44.6 million.
Stephensen was able to use those chips to survive the rest of the day and make the second day of the final table as he came back as the short stack in a three-handed match against van Hoof and Jacobson.
He suffered a big setback early in the final table when he dropped a big pot to Jacobson. With blinds of 600,000/1.2 million and a 200,000 ante, Jacobson raised to 3.6 million from the small blind with AA. Stephensen defended the big blind with KJ and they saw a flop of T75. Stephensen called 4 million on the flop and the K on the turn. Jacobson fired 10 million and Stephensen called again. The river was the Q and Jacobson bet 15 million, which Stephensen called and dropped to 24.1 million in chips as Jacobson took over the chip lead from van Hoof.
He found a double up shortly after van Hoof raised to 2.6 million on the button with Jc5s and Stephensen called out of the big blind with 98. Both players checked a flop of 943 and the 5 fell on the turn. Stephensen bet 4 million and was called by van Hoof. The river was the K and Stephensen took some time before moving all in for his last 17.1 million in chips. Van Hoof took some time in the tank before tossing in a call. Stephensen doubled up to 48.6 million and was able to chip up a little bit more before van Hoof was eliminated by Jacobson.
Stephensen started heads-up play at a chip disadvantage, sitting with 58.5 million against Jacobson’s 142 million. Stephensen couldn’t find any traction in the heads-up match and was quickly chipped down to his last 28.3 million.
On the final hand of the tournament, with blinds of 800,000/1.6 million and a 200,000 ante, Stephensen raised to 3.5 million on the button. Jacobson moved all in and Stephensen quickly called off the rest of his stack.
Stephensen was in bad shape with his A9 against Jacobson’s TT. The flop didn’t leave him with much hope as it fell T93, giving Jacobson top set and leaving Stephensen drawing to runners. The turn was the K and Stephensen was drawing dead. The river was the 4 and Stephensen was officially eliminated in second place and took home $5,145,968 for his efforts, while Jacobson was crowned as the 2014 WSOP Main Event Champion.
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