Haibo Chu Eliminated in 8th Place ($4,530)
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Level 16
: 4,000/8,000, 0 ante
It didn't take long for 2007 Melbourne Poker Championship Main Event winner Haibo Chu to get the rest of his stack into the middle, but he's just surrendered those last chips to Harry Demetriou to finish in eighth place.
The action folded around to Chu who raised to 24,000 from the cutoff. Demetriou called from the small blind and Michael Guttman folded his big blind to make it heads-up to a flop of 
.
Demetriou check-potted Chu's bet of 56,000, Chu shoved the rest of his stack into the middle and Demetriou called, showing 
against Chu's 
for the flush draw. However, Demetriou improved to a straight after the dealer revealed the turn and river of 
, 
and has now moved up to 410,000 in chips while Chu collects AUD $4,350 for his efforts.