Event #7: $10,000 Pot-Limit Hold'em Championship

Tommy Vinas raised to 25,000 under the gun and was met with a reraise to 90,000 by Marco Traniello in the hijack. When the flop came down    , Vinas check-called Traniello's all-in bet of 150,000.

Traniello:   
Vinas:   

Traniello held pocket rockets but it was no good against the flopped set of Vinas. The   turn and   river provided no help to Traniello and he became our 23rd-place finisher.

At the same time, Binh Nguyen was eliminated from a neighboring table in 22nd place for $20,129.

Tommy Vinas	830,000	445,000
Binh Nguyen	0	-106,000
Marco Traniello	0	-260,000

Thorsten Schafer opened for 24,000, Jennifer Tilly called behind and Nicolas Levi popped it to 77,000 from the button. Schafer potted and Levi was able to get all in.

Levi:    
Schafer:    

The board ran           and Levi doubled to 627,000 and Schafer was left with only 30,000.

After Nicolas Levi raised to 23,000 from the hijack, Mike "The Mouth" Matusow reraised from the small blind to get all in for his last 79,000. Levi made the call.

Levi:   
Matusow:   

Matusow was ahead with his ace, which he paired on the     flop to take a commanding lead. The   turn and   river changed nothing as "The Mouth" doubled through Levi.

Nicolas Levi	245,000	-147,000
Mike Matusow	168,000	79,000

Nenad Medic, who won this very event back in 2008 for $794,112, began the day as one of the shorter stacks and had his work cut out for him. In a recent hand, Medic raised from the hijack only to have Owen Crowe reraise from the small blind. Medic called off his remaining chips and discovered he was in bad shape.

Medic:   
Crowe:   

Medic's best hope to stay alive was to catch a ten, but the     flop did not deliver. The   turn left Medic drawing dead as the   was put out on the river. Medic was eliminated from the tournament in 25th place.

Owen Crowe	220,000	77,000
Nenad Medic	0	0

Chris Moorman was under the gun and raised to 21,000. which Robert Mizrachi called from early position. When action reached Jennifer Tilly in the cutoff, she put in a reraise to 99,000. Moorman repotted, Mizrachi folded, and Tilly called off her remaining chips.

Moorman:   
Tilly:   

Moorman had a good hand, but Tilly had better. The     flop changed little, but the   turn gave Moorman a gut-shot Broadway straight. The dealer burned and put out the  . It was a blank as far as Moorman was concerned and Tilly received an early double.

Jennifer Tilly	330,000	144,000
Chris Moorman	220,000	-162,000

Last night we were scheduled to play to a final table in the $10,000 Pot Limit Hold'em Championship; however, the calculated and patient play of the players made is so we just cracked the money at the final 27. Today, those players will return in an attempt to play down to a winner, who'll claim the first $10K Championship bracelet of the series and the $573,456 first-place prize.

The player best positioned to do just that is Stephen Chidwick, who emerged as the chip leader at the end of Day 2 with 697,000. Joining him are some stiff competition that includes McLean Karr (593,000), Amir Lehavot (628,000), Jarred Solomon (447,000), and Jason DeWitt (447,000), who all sit atop the leaderboard. In addition, notables Nicolas Levi (392,000), Robert Mizrachi (426,000) and Mike Matusow (85,000) all remain on Day 3.

The plan for the day is to play to a winner, but in all likelihood, we'll probably play ten levels and hit the hard-stop time before that happens. Our best guess is we'll make it down to five or six players and then return on Monday to play it out, but we'll have to wait and see if that prove accurate. The PokerNews Live Reporting Team is stationed in the Amazon Room and is ready to bring you all the action and eliminations from the $10,000 Pot Limit Hold'em Championship. Day 3 is set to begin at 3:00 PM PST, so check back then for all the latest.

In the meantime, here is a look at the seating assignments and chip stacks heading into Day 3:

[H] Table 292 [/H]

[H] Table 286 [/H]

[H] Table 280 [/H]