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"We're Not Dead Yet!" Lauer Left Short, Then Quadruples
Leo Saiag raised to 375,000 in the cutoff, James Lauer moved all in from the cutoff, and Saiag called for 1,975,000.
Leo Saiag: A♦J♦ 
James Lauer: K♦K♠
Lauer had found two kings and was poised for the knockout as the 9♦2♦3♥ flop gave Saiag some hope with a flush draw. The 6♣ fell on the turn, but the A♣ came on the river to give Saiag a pair and the double up.
"God! F**K!. Story of my year. I just can't fade that," Lauer said as he shot out of his seat and paced around the table muttering to himself.
A few hands later, Paul Spitzberg limped in from early position and Lauer moved all in for 185,000 in the cutoff. Anthony Wong and Dennis Melandro called in the blinds, as did Spitzberg.
Melandro bet 275,000 on the Q♠3♣2♦ flop, and both Wong and Spitzberg folded.
James Lauer: A♣6♣
Dennis Melandro: 4♦3♥
Melandro had flopped a pair to take the lead, while Lauer picked up a flush draw on the K♣ turn. The Q♣ river gave him his flush, and the defending champion quadrupled up.
"We're not dead yet! I hate to be that guy, but that's been the story of my year," Lauer shouted.