We didn't catch the hand as it happened, but we do know that Alex Gomes was just eliminated when his 
failed to overcome the 
of Thiago Nishijima. With that, the bubble was burst after just one hand and the remaining 117 players are now in the money.
| Player | Chips | Progress |
|---|---|---|
|
Busted |
Now that we are one off from the money, the tournament director has announced that hand-for-hand play will begin until the money bubble bursts.
| Place | Player | Points |
|---|---|---|
| 1 | Phil Ivey | 539.70 |
| 2 | John Monnette | 524.25 |
| 3 | Michael Mizrachi | 486.20 |
| 4 | Andy Frankenberger | 406.66 |
| 5 | Phil Hellmuth | 368.70 |
| 6 | Andy Bloch | 340.50 |
| 7 | Jan-Peter Jachtmann | 325.63 |
| 8 | Michael Gathy | 321.25 |
| 9 | David “Bakes” Baker | 317.94 |
| 10 | David “ODB” Baker | 314.88 |
We unfortunately missed the hand, however, according to David Williams' Twitter feed, he got into a preflop raising war with pocket eights against an opponents pocket aces and busted.
dwpoker David Williams Depressed. Grinded short all day. Got it up to 82k at 1.5/3k. Get 88 in sb. Raise. He 3 bets I ship. He had AA. Out 4 from the money. On
June 29 2012
| Player | Chips | Progress |
|---|---|---|
|
Busted |
Matt Giannetti, who finished fourth in the 2011 World Series of Poker Main Event for $3,012,700, raised from the cutoff only to have Harold Evans three-bet to 33,000 from the button. The blinds got out of the way and Giannetti simply moved all in for 126,500.
Evans had about 115,000 behind, so a call would mean his tournament life. He thought long and hard as he agonized on what to do, but ultimately he made the call.
Showdown
Giannetti: 
Evans: 
It was a classic flip, but it seems that today the pairs have held in such situations. This hand would be no different as the board ran out 
, sending a dejected Evans home just shy of the money.
| Player | Chips | Progress |
|---|---|---|
|
|
245,000 | 119,000 |
|
Busted |
As you can see, Joseph Cheong has managed to accumulate a huge amount of chips and is easily the chip leader in the field at the moment.
| Player | Chips | Progress |
|---|---|---|
|
450,000 | 220,000 |
|
310,000 | 84,000 |
|
285,000 | |
|
255,000 | 55,000 |
|
203,000 | 3,000 |
|
190,000 | 15,000 |
|
185,000 | 50,000 |
|
180,000 | -30,000 |
|
125,000 | -20,000 |
|
120,000 | 25,000 |
|
110,000 | 20,000 |
|
110,000 | |
|
110,000 | -5,000 |
|
95,000 | -35,000 |
|
80,000 | -57,000 |
|
80,000 | -135,000 |
|
44,000 | -38,500 |
|
26,000 | -12,000 |
We're not sure of the betting action, but we do know a big pot developed just before the level up with Jason Wheeler getting all in for 58,000 preflop, Erik Aude calling him, and another player folding .
Showdown
Aude: 
Wheeler: 
The player who folded big slick was understandably upset as he folded the best hand, but as it was Aude's hand was out in front; in fact, the PokerNews Odds Calculator tells us that Aude was a 58.42% favorite to win the hand against Wheeler, who stood a 41.14% chance of surviving.
The 
flop was kind to Aude as it gave him top pair and made him a 83.64% favorite. With that said, Wheeler did have a 16.36% chance of winning, with a queen his best option as it'd make him a straight. The 
turn increased Aude to a 93.18% favorite, meaning Wheeler had just a 6.82% chance to survive.
While a victory by Aude was seemed guaranteed, the 
spiked on the river to allow Wheeler to defy the odds and double to 130,000.
| Player | Chips | Progress |
|---|---|---|
|
131,000 | |
|
130,000 | 72,000 |
Level: 16
Blinds: 1,500/3,000
Ante: 500
We caught up just as Galen Hall said, "I know you're ahead, but I call," against Edwin Movagharian, who had moved all in for his last 42,000.
Hall:
Movagharian:
Indeed, Movagharian was ahead.
The board ran out 
and Movagharian doubled through Hall - knocking him back down to 145,000.
| Player | Chips | Progress |
|---|---|---|
|
145,000 | -60,000 |
The following players are no longer involved in this tournament. There are currently 127 players remaining, which means we are one table break away from the bubble.
| Player | Chips | Progress |
|---|---|---|
|
|
Busted | |
|
Busted | |
|
|
Busted | |
|
Busted | |
|
Busted | |
|
Busted |
