O'Dwyer, Madsen Lead as WPT Festa Hits Money

Jeff Madsen
Jeff Madsen sits within a few chips of leader Steve O'Dwyer heading into Day 4 Monday.

The money bubble popped on Day 3 in the 2010 WPT Festa al Lago main event at Bellagio in Las Vegas Sunday.

Play began with 99 players but was down to 41 by the time five 90-minute levels were through.

2009 WPT Five Diamond finalist Steve O'Dwyer grabbed the lead in the late stages, stacking big pots from both overnight leaders Annette Obrestad and Matt Affleck to become the first player past the one million chip mark.

He dipped a bit before the end of play and will start Day 4 Monday with 844k and 2006 WSOP Player of the Year Jeff Madsen just 30k behind.

2009 WPT Spanish Championship winner Randall Flowers and 2007 EPT Dortmund winner Andreas Hoivold are also among the leaders.

PokerListings Blogger Matt Stout sits above average with a group that includes Jason Koon, Tom Marchese, Jared Jaffee and Daniel Alaei, Annette Obrestad, McLean Karr, and Matt Affleck.

335 players entered the event, creating a $3,249,500 prize pool with $831,500 set aside for first.

Day 4 will begin at 12 p.m. PT Monday with tentative plans to play five more levels or consult the players if they get close to the final six.

The 2010 WPT Festa al Lago main event runs through Oct. 20.

For coverage from the floor at Bellagio, tune in to PokerListings' WPT Live Updates.

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