Welcome to Day 2

Yesterday, 2,563 players entered the Rio for the third $1,500 No-Limit Hold'em event of the 2010 World Series of Poker.

After Day 1, only 297 players remain.

We are just 27 players away from a minimum payout of $2,802, and we plan to play down to the final table today. There you can earn the greatest prize in poker, a WSOP gold bracelet, and a cool $614,248.

There are some notable names with sizable stacks like Casey Jarzabek (105,200 chips) and Blair Hinkle (112,400 chips). But they are all dwarfed by our chip leader Venkatesh Gupa who sits with 199,100 chips, 48,500 more chips than his closest competitor.

With the bubble on the horizon and a bracelet in the distance, the action today is primed for excitement. The cards will be in the air at 2:30 PST, so stay tuned for all you exclusive live updates from the PokerNews Live Reporting Team!