Frenchman Ludovic Lacay is one of the Europeans chasing current chip leader Matthew Woodward.

The pursuit of European poker’s most prestigous title is down to just 31 players. Day 3 action at the PokerStars European Poker Tour Grand Final saw the elimination of 116 players. If the title is going to return to a European player for the first time since Rob Hollink won it in Season I it will up to one of the 22 remaining Europeans to catch current chip leader American Matthew Woodward.

Woodward wrapped up the day with 2,726,000 chips which put him and France’s Ludovic Lacay, who bagged up 2,235,000, as the only players above 2 million in chips. The average chip stack is 906,000 and only the top ten players are above that. Two other American players are in the top ten; Steven Silverman (1,509,000) and (1,340,000).

Marcel Luske, who busted out on the bubble earlier in the day, wasn’t the only big name to be sent packing. Sorel Mizzi found himself out before the cash was flowing but JJ Liu, EPT all-time cash leader Luca Pagano and Phil Laak will all be leaving town with a few extra Euros in their pockets.

The payout schedule was announced Friday and the winner will be walking away with a pultry €2,300,000 ($3,050,000 US) which is almost €300,000 more than Glen Chorny took back to Canada last year. The second and third place finishers will also walk away with at least $1 million US. The eventual runner-up will bank €1,300,000 ($1,700,000) while third place will earn €800,000 ($1,060,000).

Other players still in pursuit include Annette Obrestad (668,000), Dag Mikkelson (553,000) and sitting with the shortest stack is John Cernuto (166,000). The remaining players will return to the felt on Saturday at Noon local time to play down to the final eight players for the televised final table.

EPT Grand Final Top 10 Chip Counts

1. Matthew Woodward – 2,726,000
2. Ludovic Lacay – 2,235,000
3. Marc Naalden – 1,770,000
4. Johannes Strassmann – 1,612,000
5. Steven Silverman – 1,509,000
6. Peter Traply – 1,449,000
7. Bart Spijkers – 1,377,000
8. Grayson Physioc – 1,340,000
9. Grigory Zima – 1,313,000
10. Alexander Morozov – 1,202,000

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