Nick Petrangelo Wins Stairway To Millions Finale for $1,026,000
Nick Petrangelo capped off the first-ever Stairway To Millions series with a $1,026,000 victory in Event #8: $100,000 NL Hold’em. Petrangelo topped a field of 19 entries to earn top honors, beating David Peters in heads-up play.
Stairway To Millions Event #8 Results
| Place | Player | Country | Prize |
| 1 | Nick Petrangelo | United States | $1,026,000 |
| 2 | David Peters | United States | $570,000 |
| 3 | Sean Perry | United States | $304,000 |
The tournament came down to three players returning for Day 2. Petrangelo entered the final day with the chip lead and he was up against Peters and Sean Perry for Thursday’s finale. Perry was the first player to bust, falling in third place, and then Petrangelo finished things off by besting Peters in the final duel. Peters won $570,000 for the second-place finish, and Perry took home $304,000 for placing third.
“No,” Petrangelo said about if the winning ever gets old. “It’s actually been a while since I had one like this. Well, I guess in the fall I did well in a couple, but we play so much now that my memory is pretty short. Every time you win, it feels great. I was looking forward to this series, and I’m looking forward to playing a lot of live [poker] in general this year. So no, the short answer is that it never gets old. It’s awesome. I’m really happy and fortunate that I’m running well.”
Petrangelo had quite an incredible Stairway To Millions series. Not only did he win the final event for a seven-figure score, but Petrangelo cashed a total of four times for more than $1,800,000. Included in those four cashes was a victory in Event #7: $50,000 NL Hold’em for $567,000, meaning Petrangelo closed things out with back-to-back wins.
“Confidence in poker is a huge thing,” Petrangelo said. “It’s a real thing because oftentimes you can get a little gunshy when you’re running bad – if you’re running big bluffs and everyone always has the nuts, or vice versa if you’re making calls and you’re just running into it all the time. Sometimes it can kind of mess with your head a little bit and make you second guess yourself. When everything is working out and things are going well and you’re making big hands and the bluffs are getting through, it just helps you play better. It’s as simple as that.”
Stairway To Millions Event #8: $100,000 NL Hold’em attracted a field of 19 entries and generated a prize pool of $1,900,000. The top three finishers reached the money, with Alex Foxen bubbling in fourth place late on Day 1.
For more on Petrangelo’s victory, check out the full recap on PGT.com.
Watch the Event #8 Final Table on PokerGO.com at 6 p.m. ET
The final table of Event #8: $100,000 No-Limit Hold’em of the 2022 Stairway To Millions is set and will be airing on PokerGO.com at 6 p.m. ET.
Watch the Event #8 final table on PokerGO.com here!
Nick Petrangelo finished as the chip leader with 2,305,000 in chips and is eyeing back-to-back Stairway To Millions titles. Sean Perry and David Peters are also at the final table as players are guaranteed $304,000 but chasing the $1,026,000 first-place prize.
| Event #8 Final Table | |||
| Seat | Name | Country | Chip Count |
| 1 | Sean Perry | United States | 1,085,000 |
| 2 | Nick Petrangelo | United States | 2,305,000 |
| 3 | David Peters | United States | 410,000 |
When play resumes there is 58:27 remaining in level 13, with the button in seat 2 and there is a dead small blind.
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Nick Petrangelo Leads the Final Three of Event #8: $100,000 No-Limit Hold’em
Fresh off his win in Event #7: $50,000 No-Limit Hold’em, Nick Petrangelo holds 61 percent of the chips in play as Event #8: $100,000 No-Limit Hold’em is down to the final three. Joining Petrangelo in the final three are Sean Perry, who sits second in chips with 1,085,000, and David Peters, who holds the short stack with just 410,000.
Registration in Event #8 closed with 19 entrants, and Petrangelo held the chip lead from then on but really started to put on the gas once the final table of nine began. Ali Imsirovic found himself all-in for 217,000 holding ace-king only to run into Petrangelo’s pocket aces with eight to go. The pot moved Petrangelo north of 1.6 million, and he’d keep climbing from there, even if play slowed to a halt. Petrangelo held over 50 percent of the chips in play after the Imsirovic elimination, and none of the other players gave an inch in the ensuing battle.
After trading chips around the table for the better part of four hours, Bill Klein was the next to fall at the hands of Petrangelo when Petrangelo’s ace-seven ran down his pocket queens. An ace on the flop gave Klein one foot out the door, and when the dealer turned a seven, Petrangelo improved to two pair, needing to fade a queen or a king on the river. The river fell a blank, and Petrangelo had his second victim of the final table.
They played hit a wall for the second time after Klein’s elimination, and it would be another two hours before Stephen Chidwick would fall in fifth place. Thirty minutes later, Alex Foxen found himself all-in on the bubble, holding pocket nines against Petrangelo’s king-jack.
The flop and turn fell clean for Foxen, but the river landed a king, and Foxen was eliminated, denying him his second cash of the series while the buzzsaw that was Petrangelo chopped down his final tree of the evening to close with the chip lead for tomorrow’s streamed final table.
The 19 entrants into Event #8: $100,000 No-Limit Hold’em created a prize pool of $1,900,000, and the final three are all guaranteed at least $304,000, all eyes, however, are on the first-place prize of $1,026,000.
Petrangelo is not only looking for back-to-back Stairway to Millions titles, but the long-time high-stakes veteran has a chance to turn $25,000 into the over $1.7 million in prize money after climbing the Stairway to Millions thanks to his second-place finish in Event #6 and his win in Event #7. Perry and Peters, on the other hand, secured their first cash of the series.
Click here to view the 2022 Stairway To Millions Structure and Payout Information
| Event #8 Final Table | |||
| Seat | Name | Country | Chip Count |
| 1 | Sean Perry | United States | 1,085,000 |
| 2 | Nick Petrangelo | United States | 2,305,000 |
| 3 | David Peters | United States | 410,000 |
When play resumes there is 58:27 remaining in level 13, with the button in seat 2 and there is a dead small blind.
The final three players will return to the PokerGO Studio on Thursday, January 20, at 2 p.m. PT with the final table airing on PokerGO.com at 3 p.m. PT.
Connect with PokerGO Facebook, Twitter, and Instagram. Use code “PGT2022” for $20 off an annual PokerGO.com subscription now!
End of Day Chip Counts
| Player | Chips | Change |
|---|---|---|
| Nick Petrangelo | 2,305,000 | - |
| Sean Perry | 1,085,000 |
660,000  |
| David Peters | 410,000 |
-200,000  |
Alex Foxen Eliminated to Burst the Event #8 Money Bubble
As reported by tournament floor staff
Alex Foxen was all-in holding [9x9x], and Nick Petrangelo had called holding [KxJx].
A king landed on the river, and Foxen was eliminated in fourth place to burst the Event #8 money bubble.
| Player | Chips | Change |
|---|---|---|
| Nick Petrangelo | 2,305,000 |
275,000 |
| Alex Foxen | Busted |
-465,000 |
David Peters Doubles Through Nick Petrangelo
Nick Petrangelo moved all-in from the cutoff, and David Peters called all-in for 290,000 effective.
Petrangelo: [KsJh]
Peters: [AdQd]
The board ran out [6d4s5hThTd], and Peters’ ace-high held to double.
| Player | Chips | Change |
|---|---|---|
| Nick Petrangelo | 2,030,000 |
-220,000 |
| David Peters | 610,000 |
320,000 |
Nick Petrangelo Leans on Stephen Chidwick
Nick Petrangelo opened to 35,000, and Stephen Chidwick called on the button.
The flop fell [8s6d3d], and Petrangelo checked. Chidwick bet 25,000, and Petrangelo called.
The dealer burned and turned the [5s], and Petrangelo led for 50,000. Chidwick folded, and Petrangelo extended his chip lead.
| Player | Chips | Change |
|---|---|---|
| Nick Petrangelo | 2,250,000 |
120,000 |
| Alex Foxen | 465,000 |
65,000 |
| Sean Perry | 425,000 |
-10,000 |
| Stephen Chidwick | 370,000 |
-80,000 |
| David Peters | 290,000 |
-95,000 |
David Peters Takes One Down
David Peters opened to 35,000, and Stephen Chidwick called in the big blind.
The flop fell [QhTs5s], and Chidwick checked. Peters bet 25,000, and Chidwick folded.
| Player | Chips | Change |
|---|---|---|
| Nick Petrangelo | 2,130,000 |
55,000 |
| Stephen Chidwick | 450,000 |
110,000 |
| Sean Perry | 435,000 |
-115,000 |
| Alex Foxen | 400,000 |
-135,000 |
| David Peters | 385,000 |
85,000 |
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