Right after doubling through Carlos Mortensen, Tom Schneider lost some of those chips to Josh Mountain, who scooped him by making a seven-high straight and a 6-5-4-3-A low in a 30,000 pot.
Mountain is now up to 62,000 while Schneider was left with 4,200.
As he bet out on seventh street and prepared to show down his hand after playing a pot with John Juanda, Scotty Nguyen quipped, "If I lose this pot, I'll never play poker again."
Juanda hemmed and hawed a bit and made the call.
Nguyen ended up with ()() () for quads. He did have to split the pot with his monster hand, however as Juanda made an 8-7 low.
Thor Hansen brought in and then Soheil Shamseddin completed before Steve Sung and Pawel Andrzejewski called. Hansen called as well.
Shamseddin bet fourth and both Sung and Andrzejewski called. After fifth, Shamseddin bet again and Sung folded, but Andrzejewski called.
On sixth street, things got interesting when Shamseddin bet and then Andrzejewski raised. "Were you rolled up?" questioned Shamseddin. He then made the call.
After seventh, Shamseddin checked-called a bet from Andrzejewski. Andrzejewski rolled over in the hole for a full house, queens full of deuces. Shamseddin mucked his hand and dropped to 45,000 chips. Andrzejewski is up to 39,000.
Once nearly down to the felt, Tom Schneider just scooped a pot off Carlos Mortensen to double up to 12,600. Schneider made two pair, eights and fives, for high and an 8-7-5-4-3 low.
"I feel like the biggest stack at the table now, from being at 2,700. Carlos, beers are on me!" laughed Schneider.
Not all is lost for Mortensen, he's still on 21,000 in chips.
At last we have our first elimination in this event, and it was none other than Shawn "Sheiky" Sheikhan, who departed the Brasilia Room only moments ago.
Since Day 1 is proceeding at such a blistering pace, how about a look back at the last five WSOP Stud Hi/Lo events?
2008 $5,000 World Championship 7-Card Stud Hi/Lo
Winner: Sebastian Ruthenberg
The Final Table: Chris Ferguson, Robert Lauria, Marcel Luske, Annie Duke, Alessio Isaia, Steve Sung, Bob Beveridge
2008 $1,500 7-Card Stud Hi/Lo
Winner: Ryan Hughes
The Final Table: Ron Long, Thomas Hunt III, Alessio Isaia, Jonas Klausen, Timothy Dalessandro, Joshua Feldman, David Sklansky
2007 $2,000 7-Card Stud Hi/Lo
Winner: Ryan Hughes
The Final Table: Min Lee, Doug Carli, Greg Raymer, Stephen Graboski, Jim Weir, Roland Ware, Adam Spiegelberg
2007 $3,000 World Championship 7-Card Stud Hi/Lo
Winner: Eli Elezra
The Final Table: Scotty Nguyen, Dutch Boyd, John Harkness, David Sklansky, Thor Hansen, George Hardie, Marshall Ragir
2007 $1,000 7-Card Stud Hi/Lo
Winner: Tom Schneider
The Final Table: Hoyt Verner, Miguel de la Cruz, Scotty Nguyen, Saundra Taylor, Tony Ma, Tommy Hang, Woody Deck
On fifth street, Erick Lindgren bet and then Justin "BoostedJ" Smith raised. Mosseri asked, "Is this stud eight or better?" and then called. Lindgren called as well. On sixth, Lindgren bet and both players called. On seventh, Lindgren bet agian and both players folded.
Picking up the action on fifth street, Chiu fired after Arieh bet and was called. Chiu fired again on sixth and was called here as well. On seventh, Chiu didn't miss an opportunity to bet again. Arieh called one last time.
"Kings up," said Chiu as he rolled over , making two pair with kings and sixes.
Both Brown and Sklansky limped in on third street. Brown made an open pair of kings and led out on fourth, Sklansky making the call. Brown check-called a bet on fifth street when Sklansky picked up an ace, and check-called again on sixth and seventh.
Sklansky turned up in the hole for aces up and Brown mucked. With that pot, Sklansky is up to 38,000 while Brown slipped to 25,000.
There are eight players at a seven-card stud table and 52 cards in a deck. It very rarely happens but sometimes, between the burn cards, the down cards and the upcards... the dealer runs out of cards.
Such was the case when a multi-way pot unfolded over on Table 239, populated by Greg Raymer, Dario Minieri, John Hanson, Perry Friedman, and Gavin Smith. The floor was called to make a ruling and he explained that in cases like this, one community card is dealt as seventh street for all players in the hand.