Jack Effel opened the festivities and finally the cards were in the air. Kelly Kim was the short stack of the tournament and actually played the very first hand, which happened to be from the button. He won the hand, and then was relatively quiet until he was nearly blinded down to nothing. His stack got down to less than 1 Million and Ivan Demidov put him all in. Amazingly, Kim woke up with pocket kings in the big blind and called. The kings held up and he had a few more waiting chips. And wait he did. Kim only seemed to have one goal, and that was to finish in at least 8th place.

Dennis Phillips lost most of his stack in the early going when a couple of well timed re-raises from both Ivan Demidov and Ylon Schwartz forced him to fold big pots. At one point he was the 2nd short stack with just under 5 Million chips. He was able to claw his way back up.

Craig Marquis then became the short stack and was all-in pre-flop. Scott Montgomery made the call with A-Q. Marquis held pocket sevens. The flop would come A-10-7 to give Marquis a set and leave Montgomery drawing thing. However, in poker, even the smallest percentages can win. Montgomery was able to catch a Jack on the turn to give him a gutshot straight draw and then he caught the miracle card on the river when a King fell to give him the straight and eliminate Marquis in 9th place. Marquis will receive no additional money as all players were paid out 9th place money in July.

Kelly Kim was the next player eliminated. As expected, he moved all in and received multiple callers. In the end, Darus Suharto had a pair of nines to beat Kim’s fours and Kim finished in 8th place and took home $1,288,217.

Chino Rheem could never get anything going and was finally all in with A-K against Peter Eastgate’s A-Q. Unfortunately for Chino, Eastgate would spike a queen on the flop and the pair of queens would hold. Rheem finished in 7th place, making $1,772,650.

Players went on dinner break and came back to watch both Dewey Tomko and Henry Orenstein inducted into the Professional Poker Hall of Fame. Action was somewhat slow for a while after dinner until Darus Suharto decided to move all-in over the top of a raise from Scott Montgomery. Montgomery finally made the call after tanking a while. Montgomery held As-Qd and Suharto held Ah-8c. The flop would fall all spades to give Montgomery the nut flush draw and the turn would complete Montgomery’s flush. Darus Suharto would take home $2,418,562 for his strong finish at the WSOP Main Event.

A huge pot would then develop between Ivan Demidov and Scott Montgomery. Pre-flop, Demidov would come over the top of a raise from Montgomery to make it 4.025 Million to go. Montgomery would then decide to move all-in and Demidov insta-called. Demidov held pocket Kings and Montgomery had only Ad-9d. Amazingly the flop fell with two diamonds to give Montgomery the nut flush draw. The turn and river both missed Montgomery and Demidov doubled up through Montgomery to over 51 Million in chips. Scott Montgomery was left with only 6 Million.

Four hands later, Montgomery was all in with Ad-3d against the pocket sixes of Peter Eastgate. An ace would hit the flop to put Montgomery in the lead. An ace would also hit the turn, leaving Eastgate needing a six. Someone mentioned that they had folded a six, so there was only one six left in the deck. Amazingly, the case six in the deck hit the river to give Peter Eastgate the full house. Scott Montgomery finished in 5th place for $3,096,768.

Hand 154 of the event saw the elimination of Ylon Schwartz. On the turn, the board read 2s-Kh-8h-Kd. Peter Eastgate bet 1.75 Million and was called by Schwartz. The river fell the 5d and Eastgate bet 4.6 Million. Schwartz then moved all-in for 20.775 Million. Eastgate went into the tank for a very long time contemplating a call. He finally made the call and Schwartz told him “Good Hand” as he showed A-10 for air. Eastgate showed pocket fives for fives full. Schwartz finished in fourth place. $3,774,974 would be his prize for fourth.

It didn’t take long after that to get down to heads up. Peter Eastgate made it 1.5 Million to go pre-flop of hand 168 and Dennis Phillips called. The flop fell Jc-3s-4d. Eastgate then made a bet of 1.5 Million. Phillips then came over the top all in for 16.8 Million and Eastgate snap called. Eastgate had flopped a set with pocket threes and Phillips had 10-9 for nothing but a backdoor straight draw. An Ace fell on the turn, leaving Phillips drawing dead and as the third place finisher. The man who started the day as chip leader finished in 3rd and took home $4,517,773.

The final two that will return Monday night at 10 p.m. Pacific are Peter Eastgate and Ivan Demidov. Eastgate has the chip lead with 82,585,000 and Demidov has 54 Million. Eastgate has the lead, but Demidov has the experience, making the final table of the WSOP-E. It should be a great heads-up match to determine the 2008 WSOP Main Event Champion.