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.
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.
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.
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.
Greg Mascio was all in preflop against Scotty Nguyen and Lyle Berman. In the side betting between Nguyen and Berman, Nguyen led the whole way and Berman called him down on an eventual board of .
Nguyen showed -- a 7-6 low and a pair of deuces for high. Berman tabled for the same low and no high. Mascio mucked and headed to the rail while Nguyen stacked up the high pot and split the low with Berman.
In a three-way pot with Joseph Michaels and Katja Thater, Justin Bomono got his walking papers. Micheals locked up a low by sixth street and had Bomono drawing dead.
As we mentioned on Day 1 of this event, there were three players with an opportunity to take over the #1 spot on the all-time money list should they take home a title in this event.
Allen Cunningham and Phil Hellmuth are no longer with us, but Daniel Negreanu is still alive and above average in chips. Should Negreanu emerge as champion, not only would he win his second bracelet at this year's WSOP, his career earnings would surpass those of current #1, Jamie Gold.