Play progressed somewhat slow to begin with but soon picked up as the structure for this even seems a little fast. Phil Ivey took down a nice three way pot during a stud 8 round against Jason Newitt and Thomas Bihl. Ivey led the action on fourth and fifth streets. Bihl caught a pair of queens on sixth, and bet out showing a board of (X-X)Jc-9s-Qd-Qc. Ivey raised showing a board of (X-X) 6c-5s-6s-Jd. Newitt folded. Seventh Street was dealt face down and Bihl checked to Ivey, who fired out a bet. Bihl made the call. Ivey showed 6d-5c for his down cards for the full house and Bihl mucked. At this point in the event, Ivey was around 18,000 in chips.

Several tables had very strong lineups but none compared to table 8. Table 8 had Doyle Brunson, Chad Brown, Max Pescatori, Thor Hansen, John Juanda, Chris Bjorn, Jean-Robert Bellande, Robert Wiliamson III, and some unknown guy. Oh wait, the unknown guy is the dealer.

Chad Brown ended up being the first big name eliminated from today’s H.O.R.S.E. event. In an Omaha 8 or better round, Chad Brown made it two bets to go on a flop of 5h-2c-7h. Both Robert Williamson III and Jean-Robert Bellande made the call. The turn of the Qc and the river of the 10h were checked down. Williamson showed 8h-6c-3s-Ac for the nut low and Bellande showed 6d-3h-2h-Kc for the flush. Brown mucked his hand and headed out of the tournament area.

Andy Black was the next big name to hit the door. During a stud round, Black made a raise on Fourth Street showing a (X-X) Jd-4h. The original bettor, Ivo Donev, made the call showing (X-X) Jh-5s. Black caught a 3c on fifth and Donev caught the 3s. They both checked. On sixth, Donev fired out a bet after catching an Ah. Black only had three 25 denomination chips and made the call after catching the 2c. Donev showed Js-9h for a pair of jacks. Black showed A-Q for a wheel draw. Donev caught a nine on the river for jacks up and Black only caught a king, and Andy faded to Black.

Phil Hellmuth has been really holding his own today. He has been near the top of the chip lead for most of the session. In an Omaha 8 hand between himself, Layne Flack, and Neal Friets, Hellmuth bet out on a board of 5h-6s-4h-6d and Flack moved all in. Hellmuth and Friets called along. The river fell the Jd and Hellmuth bet out. Friets made the call. Friets showed 2s-3d-9c-7s for a seven high straight and a 6 low. Hellmuth then flipped over Ac-3c-6h-6c for quad sixes and second nut low. Flack commented, “Quad sixes and the second nut low, is that all you got?” He then mucked his hand and departed from the tournament area.

Shortly afterwards Mike “the Mouth” Matusow started razzing Hellmuth about the fact that Hellmuth has not won a bracelet in a non-holdem event. This is actually true. Hellmuth has 11 gold bracelets, but all in one form of holdem or another. Norman Chad has been quoted as saying, “He is a one trick pony, but boy, what a trick.”

H.O.R.S.E. is not the only thing being played today. During the breaks Mike Matusow, Doyle Brunson, John Juanda, and Phil Hellmuth decided to play some $1,000 a point Chinese Poker. Unfortunately for Matusow, he didn’t win a hand. The crowd could hear his tirade across the room after the break.

Thor Hansen again could not summon help from Odin and busted out from today’s event, although we do not have the details of his bustout. Dave “DevilFish” Ulliott busted out shortly after losing a big stud pot against Gary Jones “ace high.” Michael Binger was eliminated by David Williams when Binger’s buried queens could not outdraw Williams split aces. Chris Ferguson and Mike “Timex” McDonald were also casualties of the last level.

After a 12 and ½ hour session, the first day of the H.O.R.S.E. event concluded with Phil Ivey in the lead. This should come as a shock to noone since Ivey is considered by many to be the best overall poker player alive. In a shocking development to all, Phil Hellmuth is in second place with 54,200 chips. Woody Deck is third in chips at 37,500. Daniel Negreanu and Howard Lederer are both hovering around the 30,000 chip mark. At present it appears that Richard Ashby is the short stack at 3,200 in chips. For some unknown reason, Mike Matusow did not report the amount of chips he had remaining, but he is indeed still in this event. It also appears that Doyle Brunson busted somewhere around the end of the day, but we do not have any information on how this occurred.

56 players survived Day 1 of this £2,500 H.O.R.S.E. event. Tomorrow promises to be a long day as we are expected to play to the final table. With the fast structure of play, expect a lot of early bustouts and then play to slow to a grind as we approach the money bubble. Only 16 players will be paid in this event with 16th place paying £4,812. The winner of this event will take £76,999 and the coveted gold bracelet. Day 2 of this event will start Sunday at 2 p.m.