Jeremy Scharf Eliminated in 2nd Place ($45,970)

Jeremy Scharf has been eliminated in second place.

Scharf got all in with the on the flop against the of Bogert. Bogert had top pair and needed to dodge a diamond to seal the deal against Scharf's flush draw. Scharf missed his draw and that gave the win to Cory Bogert.

There was a deal made during three-handed play and as part of the deal, Scharf, who had the most chips at the time, took $45,970, which is about $16,000 shy of the original first-place prize, but a bit more than the original second-place prize of $38,036.

The three players played for the HPO $2,500 Championship Event seat and were required to finish the tournament. Scharf came up short of winning the seat, but made the most money of the three players.

As side caveat to the deal, Scharf will be getting 25% of Bogert's action in the Championship Event at the M Resort in Las Vegas this June.