Peco Stojanovski limped the button and Tom Rafferty bumped it to 120,000 from the small blind.
Stojanovski made the call to see a flop fall and Rafferty continue for 170,000. Stojanovski immediately made the call as the landed on the turn and Rafferty slid out a bet of 350,000 only to have Stojanovski fold on this occasion while slipping to 942,000 in chips.
Tom Rafferty opened to 95,000 from the button and Benjamin McLean made the call from the big blind.
McLean checked the flop before Rafferty made it 90,000 to go. McLean played the check-raise card by making it 250,000 straight with Rafferty smooth-calling as the landed on the turn.
McLean led out with a 375,000-chip bet to force a fold from Rafferty as McLean flashed the while climbing to 3,800,000 as Rafferty slipped to 1,900,000 in chips.
Jonathan Karamalikis opened to 115,000 from under the gun and Tom Rafferty made the call from the big blind.
Karamakilis fired out a continuation-bet of 175,000 on the flop to prompt Rafferty to check-fold his hand.
The following hand, Rafferty bumped it up from the small blind to 115,000 and Karamalikis made the call to see a flop fall. Both players checked, and when the landed on the turn, checked once again as the landed on river.
Rafferty tapped the table for the third time only to have Karamalikis push out a bet totaling 150,000.
Rafferty mucked, and after Karamalikis flashed his , he collected the pot to move to 2,250,000 in chips.
Catching the action on a flop of , we found Peco Stojanovski and Benjamin McLean bet and raising each other back and forth until Stojanovski found himself all in.
Stojanovski:
McLean:
With Stojanovski drawing virtually dead to only runner-runner, the on the turn ended Stojanovski's tournament as the meaningless landed on the river.
For Stojanovski's efforts, he will take home A$121,380 in prizemoney after a sensational run in the PokerStars.net APPT Sydney Grand Final.
With the action on Tom Rafferty in the small blind, he made it 125,000 to go only to have Jonathan Karamalikis three-bet to 300,000 from the big blind.
Rafferty contemplated for a few moments before moving all in, only to have Karamalikis beat him into the pot by screaming call and slamming down his like it was two jokers in a game of jokers wild!
Rafferty:
Karamalikis:
With Karamalikis spot on with his read that he was crushing Rafferty's hand, the flop kept Karamalikis in the lead and left Rafferty trailing and in need of an eight or running cards for a chop.
The on the turn saw the crowd hush quietly as it was just a dimple away from being the card that would save Rafferty.
Unfortunately for the ninth-place finisher from 2008, the river landed the to end his 2010 tournament in 3rd place for a A$161,730 collect as play between Karamalikis and Benjamin McLean are now at the heads up stage.