Registration has closed in this event with 1,841 players parting company with $1,000. Those players have created a prize pool of $1,656,900 and it is to be shared among the top 198 finishers.
Reaching the money means a payout of at least $1,872 and anyone navigating their way through to the final table can look forward to receiving $22,484. The eventual champion takes the lion's share of the prize pool, some $306,634 in addition to the much sought after World Series of Poker bracelet.
For a full breakdown of the prize structure head to our payouts tab.
Popular French pro and all-round nice guy Arnaud Mattern is motoring up the chip counts right now, having added 10,000 chips to his stack since we last caught up with him.
The same can be said for Dwyte Pilgrim and Sunny Chattha who have 21,300 and 19,500 chips respectively.
A quartet of Brits have bought in late and one has busted already. Ben Dobson explained that he was going to have a day off and decided to register late so he didn't have to play poker for hours on end. His plan worked because he busted within a couple of hands.
Phil Laak on the other hand has managed to add 50 percent to his stack since sitting down and says "I can actually breathe now."
Inside the Rio All-Suite Hotel & Casino isn't the only place for you to satisfy your World Series of Poker appetite. WSOP.com is the leading online poker site in Nevada and has plenty of action running around the clock, seven days a week.
All summer long, a special promotion labeled Multi-Table Madness will be running from 6 p.m. to 11 p.m. PST each night. The promotion will select one random hand at a random cash-game table during those hours that will award every player dealt into the hand with a cash bonus up to $100.
What's more is that WSOP.com will be sweetening the prize by giving players as much as $100 more for each additional table they're playing at during the time of the drawing. That means if you're playing in four different cash games when your table is selected, you could walk away with up to $400 in bonus money.
For complete information regarding WSOP.com's Multi-Table Madness promotion, please click here.
Jack Ellwood's tournament is over despite him flopping trip aces in a hand against .
We caught Ellwood talking to his fellow British pro Mathew Frankland where he explained he got his chips in with and was called by . The flop came down and Ellwood still lost, presumably to a flush.