Thanks to a strange decision by the Michael Binger, Victor Ramdin, Nam Le, Scotty Nguyen and Haralabos Voulgaris all managed to keep their heads above water as the action unfolded.
With 570 players buying-in to this tournament, the prize pool amounts to an impressive $5,529,000, of which 54 players will partake and take home at least $13,823 per person. The top end of the prize pool will see every member of the TV final table take home at least a quarter million dollars, with payouts starting at $276,450 and continuing upwards to the Big Kahuna, a $1,604,410 first prize.
At day's end, chip leader is Erik Cajelais, who has found himself knocking at the door of greatness for the past few months, riding a hot streak that included a 17th place finish at the United States Poker Championship, a 10th place finish at the North American Poker Championship, a 22nd place finish at the World Poker Finals and a victory in a preliminary event at the Five Diamonds World Poker Classic (he would finish 58th in the Main Event).
While not a household name by any stretch, Cajelais has certainly made a name for himself with his knack for taking a stack deep into most every tournament he plays. Along with Haralabos Voulgaris and Nenad Medic, the Montreal native leads a contingent of young Canadians who are taking the tournament circuit by storm, and the odds are that sooner or later both Cajelais and Voulgaris will experience near the same level of success that Medic achieved with his victory at the World Poker Finals.
Cajelais has $449,600 going into Day 3, which is good for a $17,600 lead on second place John Turner. Kyle O'Donnell rounds out the top three with $375,000. Although none of these men need worry about elimination just yet, the plan for the third day is to pare the field down from the 107 who will start the day to a final three tables comprised of 27 players in total.
With deep stacks and slow blind levels, it's a good player's paradise out there, but it also means the day could go mighty long tomorrow. PokerListings.com will be there from the 11 a.m. (EST) start time to whenever the 28th place finisher finally busts, and as usual we'll keep it popping with comprehensive results, thrilling photographs, and the livest updates in the business. Log on early and refresh often and we'll see you all day tomorrow.