Day 2 is set to begin in just a few short moments. Out of the 147 entrants that began the event, 35 of them remain. Layne Flack is the chip leader with over 75,000 chips. Phil Ivey, Freddy Deeb, Tony G, Mike "The Mouth" Matusow, and Phil Hellmuth are also still remaining in the field. Markus Gosler and Peter Jetten are the only two players that will enter today with less than 10,000 chips, so things might be a little bit more difficult for them.
Twenty-one spots will be paid out and the plan is to play down until the final table of seven. For most of the day, play will be seven handed though.
Stay tuned for all the action coming shortly from the Rio.