Dan Kelly raised to 4,000 and his neighbor, Tyron Krost, three-bet to 10,500. Action got folded to Marvin Rettenmaier who shoved all-in for his last 23,000 chips. Kelly gave up his hand and Krost called right away.
Marvin Rettenmaier
Tyron Krost
The board ran out leaving the German with just ace-high. Krost raked in another pot and is back up to 99,000 chips.
Tony Sama raised to 4,200 from middle position and Mike Watson, to his left, decided to go all-in. Action got folded to Sama who called all-in for his tournament life giving us another big showdown.
Tony Sama
Mike Watson
The board ran out and with that we say goodbye to Tony Sama. Watson is up to 90,000 chips and we are now down to the final six players.
After Dan Kelly had opened for a standard raise, Mike Watson three-bet to 10,000 from the button. Kelly, who had around 45,000 total, then moved all in. Watson made the call and discovered the bad news.
Showdown
Watson
Kelly
Kelly had Watson crushed, and the latter failed to catch as the board ran out . Kelly doubled on the hand to around 90,000 while Watson dropped to 30,000.
The 10th Anniversary Tournament of Champions has begun. The crowd here at the Crown is electric, and while we will not be live reporting the event, we will periodically provide you with some updates. Here is a look at the seat draw for the TOC:
Aussie Millions Tournament of Champions
Seat
Player
Year They Won
1
Tyron Krost
2010
2
Peter Costa
2003
3
Gus Hansen
2007
4
Stewart Scott
2009
5
Jamil Dia
2005
6
Lee Nelson
2006
7
Tony Bloom
2004
8
David Gorr
2011
*Alexander Kostritsyn won in 2008 but was unable to attend the TOC due to the anticipated birth of his child.
Mike Watson was all in preflop holding and up against the of Dan Kelly. While he was ahead preflop, the flop delivered a blow to Watson as Kelly paired his jack. The turn gave Watson a little help, but he would need another eight or a king on the river to survive.
Wouldn't you know it, the spiked to deliver Watson new life.
Jim Collopy raised to 6,000 under the gun and Dan Kelly, who was next to act, three-bet to 13,300. Action folded back around to Collopy and he moved all in for a little over 50,000, which Kelly called.
Showdown
Collopy
Kelly
Collopy was dominated and in need of a ten, and while the window card was the , it was followed by the and on the flop. Both players had flopped a set, meaning Collopy needed to catch the case ten to survive. The turn was not it, and neither was the river. Collopy was eliminated on the hand in sixth place.
Thanks for following along with our coverage of the 2012 Aussie Millions on PokerNews. Be sure to check out our friends at the PartyPoker blog as well for great posts by Mike Sexton, Tony G, Kara Scott, and Dragan Galic.
leaving the German with just ace-high. Krost raked in another pot and is back up to 99,000 chips.
and with that we say goodbye to Tony Sama. Watson is up to 90,000 chips and we are now down to the final six players.
and up against the 
flop delivered a blow to Watson as Kelly paired his jack. The 
spiked to deliver Watson new life.
, it was followed by the 
and 
on the flop. Both players had flopped a set, meaning Collopy needed to catch the case ten to survive. The 
turn was not it, and neither was the 