Cary Katz opened for 36,000 under the gun and was soon met with a three-bet to 146,000 from Guy Laliberté in the cutoff. The button and small blind both got out of the way, but Philipp Gruissem decided to four-bet to 290,000 from the big blind. Katz got out of the way, but Laliberté wasn't done.
He gather some chips, announced a raise, and then made it 286,000 more to go. Gruissem thought for almost two minutes, carefully eyeing up Laliberté, and then released his hand.
Level: 5
Blinds: 8,000/16,000
Ante: 2,000
Jonathan Duhamel and Brian Rast just played a pot that ran a few minutes into the break. With the magnitude of this tournament, it's been common to see several hands run over into the break.
Picking up the action on the 
flop, Rast had raised a bet of 175,000 from Duhamel to 439,000 before Duhamel came back with a reraise to 865,000. After some tanking, Rast moved all in for 2.427 million. After 20-30 seconds, Duhamel said, "All right, I call."
Duhamel held the 
for a pair and a flush draw against Rast's 
for bottom set.
The turn was the 
and gave Rast a full house. The river was the 
and kept Rast in front, delivering him with the double and nailing Duhamel with a big blow.
Phil Galfond tweeted the following:
PhilGalfond Phil Galfond Just saw the craziest hand I've ever seen. Guy folded 88 face up on Js87s8sKs.
July 01 2012
Catching up with Eugene Katchalov on the break to grab a summary of the hand, he said Mikhail Smirnov did indeed fold quad eights to John Morgan. Katchalov told us that Tom Dwan had opened and received a call from Smirnov and Morgan before the 
fell. Dwan checked and Smirnov bet. Morgan called and Dwan folded.
The turn was the 
and Smirnov bet 200,000. Overhearing a conversation from Smirnov, he said Morgan called within five seconds and looked extremely excited about the hand.
The river completed the board with the and Smirnov bet 700,000. Morgan raised all in for 3.4 million total and Smirnov tank-folded the 
face up for all to see.
We caught up with Daniel Negreanu on the break, and according to him, on Phil Hellmuth's double-up hand, there was an open to 35,000 and two calls. Hellmuth then re-raised to 650,000, and before you knew it, Paul Phua and Hellmuth were all in. Hellmuth's aces held against Phua's kings, doubling him to over 5 million chips.
The players are now on their second 20-minute break of the day. We're grabbing full counts now.
When we reached Table 391, the board read 
. Nick Schulman checked, and Tom Marchese fired 235,000. Schulman called, and the 
completed the board. Schulman checked again, and Marchese slid out 740,000.
Schulman tanked for over two minutes, throwing his hands up from time to time before finally cutting out enough chips to call. He then tanked for another half a minute or so, then committed the chips.
Marchese tabled 
for the nuts, and Schulman mucked his hand, leaving himself with just 940,000 chips.
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