It has not taken long to lose our first player…thirteen minutes in fact. That unfortunate nameplate has just been affixed to Nicholas Augustino. He made a standard raise on the button and when the action folded to Stephen Reynolds in the big blind he moved all-in. It was just what Augustino had ben waiting for and he snap-called.
The PokerNews Odds Calculator shows us that Augustino was a 59.82% favorite to win the hand. The flop came down and despite Reynolds taking the lead Augustino was still a 59.39% favorite because of his additional flush-outs. The turn swung the pendulum around and he was now a 38.64% dog before the on the river made the percentages completely irrlevant. Augustino was out.