Poker News 
/ Short-Stacked Shamus / 18 February 2012 / Leave a Comment 
Ciao Cesar Pimenta leads with 24 left at the LAPT Grand Final in Brazil (Photo: PokerNews / PokerStars)
Daniel Negreanu nearly grabbed a massive chip lead on Day 2 in a huge, half-million-chip pot versus Ciao Pimenta. Pimenta had an overpair versus Negreanu's straight and flush draws, but the turn and river blanked for Kid Poker and Pimenta took the chips and the lead.
They've played down to 24 in São Paulo at the Latin American Poker Tour Grand Final, with online star Caio Cesar Pimenta of Brazil leading the final group as the only player with more than 600,000 chips. The Venezuelan Vincenzo Giannelli is Pimenta's nearest competitor at present with 538,000, with Carlos Ibarra, Joshua Ewing, and Vitor Torres rounding out the top five. And Daniel Negreanu remains in the hunt as well in 10th place.
A total of 367 players entered the event which sported a buy-in of R$4000 (about $2,333 USD). Of that group just 107 survived Friday's first day of play, with Jean Double, Robinson Carnero Quirouga, and Shaun Sheffield leading the counts to start Saturday's Day 2.
As it happened, neither Double nor Quirouga would be able to maintain their positions at the top of the leaderboard, and both would fall shy of the final 48 and the money. It didn't take long, in fact, for the cash bubble to burst, with Felipe Ramos being the unfortunate player to go out one spot shy of profiting.
Among the first to be eliminated thereafter were 2012 World Series of Poker Europe Main Event winner Elio Fox (47th), Patrick Mahoney (39th), Sheffield (36th), and Leo Fernandez (32nd), each of whom earned R$6,320.
Along the way a huge hand took place between Pimenta and Negreanu that helped establish the former as end-of-day chip leader. Preflop action had seen Negreanu raise, Pimenta three-bet, and Kid Poker call, then both watched the flop come 10h-Kh-6d. When Pimenta continued, Negreanu shoved all in, and Pimenta quickly called, tabling Ac-As to Negreanu's Ah-Qh.
The turn was the 10c and river the 8s, thus giving Pimenta the 530,000-chip pot and the lead. Meanwhile Negreanu was left with a still-healthy stack of 375,000, and he would add a few more before play concluded.
About eight hours after they started on Saturday, Vitor Torres knocked out Victor Silva Talamini in 25th (R$6,320) when his pocket jacks held versus Talamini's Ks-10d, and the remaining players bagged their chips for the night.
Here's how the top of the counts appear heading into Sunday's Day 3:
1. Caio Cesar Pimenta -- 607,000
2. Vincenzo Giannelli -- 538,000
3. Carlos Ibarra -- 479,000
4. Joshua Ewing -- 460,000
5. Vitor Torres -- 447,000
6. Daniel Nestola -- 443,000
7. Hugo Mora -- 414,000
8. Mayu Roca Uribe -- 412,000
9. Felipe Morbiducci -- 402,000
10. Daniel Negreanu -- 398,000
Also returning to the shortest of stacks tomorrow will be Humberto Brenes, 24th of 24 with just 51,000 chips.
Day 3 will see the tourney to play down to an eight-handed final table, then the final group will return for one last day of poker to determine who among them will be taking away the title and R$324,600 first prize.
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