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Down Again
The action started off with a raise from Joe Cassidy who was on the button. Phil Ivey was in the big blind, and he put in the three-bet after which both his opponents called.
The flop came down 
, and Ivey bet, Nguyen raised, Cassidy called and Ivey put in another raise. Both Nguyen and Cassidy called. The turn was the 
and this time Ivey checked. Nguyen bet and both Cassidy and Ivey called. On the river the 
popped up and the same process was repeated.
Nguyen showed 
for a wheel and the nut low while Cassidy had 
for a broadway straight. Ivey mucked his cards and is back down to just 310,000 chips.