Event #49: $5,000 No-Limit Hold'em

Welcome to Day 3 of Event #49: $5,000 No-Limit Hold'em

Margareta Morris will have the lead to begin Day 3.

Margareta Morris brings 805,000 in chips into Day 3 of Event #49: $5,000 No-Limit Hold'em, good for a solid chip lead over second-place John Dolan (719,000). Jason Koon (616,000), Kevin MacPhee (601,000), and Josh Arieh (267,000) are among the notables trailing Morris, who vaulted to the lead in one of the last Day 2 hands when she got incredibly lucky against Melanie Weisner.

Everyone left is guaranteed to walk away with $22,309, but the big prize up for grabs is $719,707 for first. Someone may claim that, along with a gold bracelet, at some point tonight, but the tournament is still scheduled for a fourth day.

The remaining contenders are scheduled to play 10 levels today, beginning with 5,000/10,000/1,000, so even shorter stacks like Arieh have plenty of play. Levels will be 60 minutes long, as always. Don't miss the exciting late portions of this tournament, as we bring you all of the updates right here on PokerNews.

Tags: Jason KoonJohn DolanJosh AriehKevin MacPheeMargareta MorrisMelanie Weisner