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Kurt Chenchick moved all in for 63,000 and was called by Carl Torelli.
Chenchick held 
, Torelli the 
.
A final board of 
and Chenwick was out.
| Player | Chips | Progress |
|---|---|---|
|
480,000 | 72,000 |
|
Busted |
Dennis Phillips opened the action with a raise for 40,000 from the button and the small blind folded. James Mallen moved all in for 154,000 in total and Phillips was sent into agony. "Guess I am supposed to call here," he said. Then asked the dealer again how much more it was. Another minute passed by. "Sorry guys," he apologized for pondering about the decision. "Take your time," Stephen Wood said from the small blind. Ultimately Phillips tossed in the chips.
Phillips: 
Mallen: 
"I am ahead, barely," Phillips said upon discovering the cards of his opponent. The 
board stayed clear and we are down to 25 players.
| Player | Chips | Progress |
|---|---|---|
|
810,000 | 160,000 |
|
Busted |
Lenard Sepke was crippled a few hand earlier and now he got it in with 
and ran into the 
of Alan Gillespie.
The cards ran out 
| Player | Chips | Progress |
|---|---|---|
|
Busted |
Doc Barry raised to 40,000 and Milwood Motley three-bet to 100,000. Barry moved all in and Motley called off for approximately 350,000. Both had suited aces but Barry was slightly ahead with the 
, Motley needed a queen or spades with the 
. The board ran out 
and we have our first chips millionaire. Motley takes home $19,633 for his efforts.
| Player | Chips | Progress |
|---|---|---|
|
1,350,000 | 510,000 |
|
Busted |
Alan Gillespie moved all in and was called by Carl Torelli.
Gillespie was the player at risk with 
but he was ahead of the of Torelli.
The cards fell 
and a set for Torelli right on the flop and no magic seven would appear for Gillespie to send him to the rail.
| Player | Chips | Progress |
|---|---|---|
|
Busted |
First Michael Wilson got it in with only to get crushed by the 
of his opponent to drop as low as 28,000 chips. Another 3,000 chips went into the next hand as ante and he was all in for 25,000. David Smith isolated to 150,000 and all other opponents folded. Wilson doubled up with his favorite hand 
versus 
on the 
board.
Again one hand later, Wilson was all in for 98,000 and got called by Doc Barry one seat over. All other players got out of the way and Wilson had one over card with the to the of the chip leader. He spiked the 
flop but the turn left him drawing dead. A meaningless completed the board and Wilson headed to the payout desk to collect $19,633.
| Player | Chips | Progress |
|---|---|---|
|
Busted |
Walter Davis open shoved from the cutoff for what looked like 250,000 and one seat over, Dan Heimiller moved all in as well. All opponents folded and Heimiller opened his cards with the words "Okay I gamble here," to which Davis replied "You gamble with the best hand."
Davis: 
Heimiller:
The 
board wasn't really a sweat and Davis was sent to the rail in 21st place.
| Player | Chips | Progress |
|---|---|---|
|
700,000 | 87,000 |
|
Busted |
James Miller moved all in on a flop of 
and Jim Custer snapped him off.
Miller had 
but Custer was good all along with his .
The turn card and river completed the board and Miller was the next player to be eliminated.
| Player | Chips | Progress |
|---|---|---|
|
930,000 | 530,000 |
|
Busted |
Craig Carrillo moved all in and was quickly called by Jim Custer.
They both had pairs but the 
of Carrillo was crushed by the of Custer.
The board ran out 
.
Carrillo couldn't come from behind and Custer's march up the leader board continued into second position.
| Player | Chips | Progress |
|---|---|---|
|
|
1,410,000 | 480,000 |
|
Busted |
Stephen Wood raised to 81,000 and the action folded to Dan Heimiller in the small blind, who opted for the call. Dennis Phillips folded his big blind and both went to see the 
flop. Heimiller checked, Wood moved all in and got an instant call.
Wood: 
Heimiller:
The 
turn gave Heimiller the full house and Wood trips, a meaningless river saw Wood out in 18th place for $24,961.
| Player | Chips | Progress |
|---|---|---|
|
|
1,400,000 | 410,000 |
|
Busted |
