Event #4: $5,000 No-Limit Hold’em

Steven Levy opened to 24,000 only to have Nicholas Blumenthal three-bet to 54,000. With the action back on Levy, he pushed out a four-bet to 118,000 only to have Blumenthal move all in for 310,000.

Levy insta-folded and slipped to 260,000 as Blumenthal moved to 500,000 in chips.

From the button, Bernard Lee pushed his last 101,000 into the pot and Farzad Bonyadi made the call from the small blind.

Lee:   
Bonyadi:   

The       board would see Lee hit the rail as our first casualty of the day.

Farzad Bonyadi	365,000	104,000
Bernard Lee	0	-122,000

JC Tran bumped it up from the hi-jack to 22,000 and had Richard Lyndaker make the call from the small blind.

The       board was checked down until Tran fired out a very delayed continuation-bet of 38,000. Lyndaker check-called, but mucked when shown the    of Tran as he moved to 420,000 while Lyndaker slipped to 330,000 in chips.

Joseph Kuether pushed his final 82,000 in from the button and Matt Glantz made the call from the small blind.

Kuether:   
Glantz:   

The board was spread       to see Kuether double to 182,000 as Glantz slips to 315,000 in chips.

Maria Ho has managed to find a double through Thomas Ross.

Ho:   
Ross:   

The board was spread       to see Ho move to over 200,000 as Ross slips to be even keel with Ho.

Michael Hahn entered the pot with a raise to 21,000 only to produce folds from the table.

"Not much!" stated Hahn as he flashed his   .

Welcome back for the third day of play here in Event #4: $5,000 No-Limit Hold'em at the 2011 World Series of Poker. Things will be recommencing at 2:30 PM PT and what a day it's going to be. Leading the final 42 players who have advanced this far is the 2009 winner of this very event Brian Lemke. He holds nearly one million in chips and nearly a 300,000-chip lead over Allen Bari in second place.

Those two aren't the only big names left in the field. Sergey Rybachenko, Steven Levy, Jonathan Little, Matt Glantz, JC Tran, Carlos Mortensen, Tim West and Bernard Lee are all still alive to join them, making this an extremely tough field of competitors. Out of that bunch, it's Rybachenko holding the most chips with 614,000. There is also still one woman left in the field and that's Maria Ho. She's clinging to the second shortest stack in the room with 91,000, but everyone knows she's dangerous and that anything can happen in this game.

With 42 players left, everyone is guaranteed at least $18,863 in prize money. That's not going to be what's on their minds though as first place sits at nearly $875,000! Everyone, including Joseph Kuether with the shortest stack in the room, has their eye on that top prize.

As always, PokerNews has got you covered on all things WSOP. Our very own resident Aussie, the lovely, beautiful and talented Lynn Gilmartin will go ahead and give you the skinny on the most current happenings at the WSOP in the June 4th update below.

We'll see you back here around 2:30 PM for the start of Day 3 of this event. In the meantime, PokerNews has plenty of other live reporting going on for the 2011 WSOP, so be sure to check that out.