David Bach raised from the small blind and Michael DeMichele called from the big blind. The flop came and Bach bet. DeMichele called and the hit the turn.
Bach fired again and DeMichele called. The river fell the and DeMichele folded to Bach's bet. After the hand Bach climbed 585,000 while DeMichele is still a force with 1,090,000.
Everyone who cashed in last year's $50,000 H.O.R.S.E. also played in this year's event.
Of the 16 players who cashed last year, only three remain in this year's field: Barry Greenstein, Gabe Kaplan, and Mark Gregorich.
The only player still with a shot to make back-to-back final tables in this event is Barry Greenstein.
The same number of players (148) who entered last year's event entered this year's event. However, 50 members of the 2007 field chose not to enter in 2008. This includes Gavin Smith, Phil Laak, Darrell "Gigabet" Dicken, "Captain" Tom Franklin, Tony Cousineau, Kristy Gazes, David Sklansky, Sam Grizzle, Marco Traniello, Jason Lester, Jerri Thomas, Dan Shak, Tuan Le, Ted Lawson, Victor Ramdin, John Phan, Sam Farha, Mark Vos, David "The Dragon" Pham, and Josh Arieh.
And, of course, we lost the late, great Chip Reese, for whom this tournament is now named.
There were 49 new faces in this year's $50,000 H.O.R.S.E., including Tom Dwan, Phil Galfond, Mark Goodwin, $1,500 NLHE bracelet winners Luis Velador and David Woo, Layne Flack, Brian Rast, John Monnette, Joseph "bigjoe2003" Michael, Raymond Davis, Billy "The Croc" Argyros, Marcel Luske, David Bach, Matt Glantz, Jan Von Halle, Perry Friedman, "Miami" John Cernuto, Kirill Gerasimov, Ram Vaswani, Hoyt Corkins, Andy Black, and current chip leader Michael DeMichele.
Brandon Adams just took a nice pot from Bill Chen. There was at least one bet per street with the lead hand betting the whole way. When the action was complete Chen showed but couldn't beat Adams' . Adams surged to 380,000 chips while Chen slips to roughly 205,000.
Luske completed on third street, Negreanu raised, and Luske called. On fourth street Luske checked the high board, Negreanu bet and Luske called. On fifth, Luske made an open pair of aces and led out, getting a call from Negreanu. Luske fired again on sixth street and Negreanu called. On seventh both players checked.
Negreanu showed for two pair kings and queens. Luske mucked and is down to only 60,000 in chips.
Lindgren was all in on third street for 43,000. There was action between Bonyadi and Kaplan through the river but Bonyadi mucked when he couldn't beat Kaplan's queens up. Lindgren took down the main pot with his aces up and tripled up to 144,000. Kaplan had a net gain on the hand and now sits with about 350,000 in chips.
Raymond Davis was all in on sixth street in a hand against Katja Thater. When all the cards were out, Thater tabled a low but Davis had her beat with his . He doubled to 226,000 and left Thater with just about 165,000.
Of the four women who entered this prestigious event, only one remains. Katja Thater is the "last woman standing" in this tournament. Her stack is currently below average at approximately 165,000.
Marcel Luske completed, Chad Brown raised, Farzad Bonyad three-bet, Daniel Negreanu four-bet, Luske and Brown folded and Bonyadi called. On fourth street Negreanu led out and Bonyadi called. On fifth, Bonyadi made the high board when he caught the and checked, Negreanu bet, and Bonyadi folded.
"Stud machine!" said Erick Lindgren with a laugh as Negreanu raked in the pot. It sent his stack up to 1,050,000.
Scotty Nguyen and Matt Glantz just locked horns in a hand that saw Nguyen betting every street through sixth. Scotty check-called the river and Glantz showed him . Nguyen had that beat however with his .
Scotty stacked the pot and took his chip count to about 440,000.
Huckleberry Seed brought it in with the , Lyle Berman completed, Matt Glantz raised, Seed folded and Berman called. On fourth street Glantz led out and Berman called. On fifth street Berman checked the high board, Glantz bet and Berman called. On sixth street Berman check-called another bet from Glantz and on seventh. Berman checked again, but this time Glantz checked behind.
"Good check, sir" said Berman as he rolled over , having hit his straight draw on seventh Glantz held for two pair.
"You got lucky there, baby" said Scotty Nguyen, as Berman dragged the pot. He's now up to 897,000.