Bellagio Five Diamond World Poker Classic - Live Updates

The heads-up match didn't last as long as one might have thought. In fact, this has to be one of the fastest final tables in WPT history.

The action on the final hand began when Ted Kearly made it $380k total and Eugene Katchalov made the call. The flop came down 6♣ 10♠ 3♦ and Katchalov check-raised a $300,000 bet from Kearly, making it $500k more.

Kearly wasted little time announcing he was all-in and almost as quickly Katchalov made the call. It turned out Kearly shipped it with two overcards to the board holding K♣ J♠. Katchalov only needed to fade a king with his 10♦ J♥. The turn was the J♦ and the river the 2♥ ending the Doyle Brunson Five Diamond World Poker Classic.

Ted Kearly takes home second place and the 75-year-old former football coach will cash $1,252,640 for his efforts.

Katchalov gets a seat at the WPT Championship, a lovely chip set, his very own interview with PL.com coming up on the site a little later and, oh, by the way, a cool $2,482,605 in prize money.

Thanks for keeping it locked!

Somebody finally went up against Eugene Katchalov and won. Katchalov open-raised to $300k and Ted Kearly moved all-in for his last $1.2 million.

Katchalov called showing A♥ 4♠ and was in the lead against Kearly's Q♦ J♣. The flop of K♥ J♠ 4♦ gave them both pairs, but put Kearly in the lead. He doubled-up when the 7♣ K♠ turn and river ended the action.

"I'm against Katchalot and catch even better," David Ulliott chimed in. "What am I going to do."

With the Devilfish miked up everybody is being treated to a few of his hilarious barbs.

A few minutes ago Tournament Director Jack McClelland reminded the crowd - as if they needed to be - that the veteran card player is one of the most colorful characters the WPT has ever seen. He told what he claimed is a true story about a phone call he received from The Fish one evening a few years back. Apparently Ulliott couldn't get a lady friend into the Bellagio buffet and was looking for some help.

"Why won't they let her in?" McClelland asked.

"I don't know; they told her to come back in a few years when she's 21," Devilfish answered.

Devilfish will turn 58 in the new year, but apparently likes his ladies on the younger side.

Chip Count

Here are the latest counts as we begin a short break for the WPT cameras to change their tapes.

Jordan Rich, the player many were calling the favorite to win this event, has been eliminated. Throughout the last day Rich has been butting heads with Eugene Katchalov and his final hand was no different. Katchalov opened to $300,000 from under the gun and when it got to Rich in the big blind he re-popped to $1 million.

Katchalov then moved all-in and after a bit of thought Rich made the call. We saw Rich was crushed with J♥ J♣ against A♥ A♠. The flop was scary, coming T♦ 9♣ 8♥ and giving Rich the open-ender, but the board finished out T♥ 5♠ and Katchalov's pocket aces were good for the pot and the elimination. Jordan Rich is out in fifth for $289,070.

As expected, Ryan Daut shipped it early. Hand one, to be exact, when he woke up with A♦ J♥ in middle position. Ted Kearly called from the small blind with 8♣ 8♦ and the race was on.

Wasn't much of a tight one though, as Kearly flopped a set when the 8♠ 5♠ 2♣ came. Already drawing dead, Daut got the feeling he wasn't wanted around here much more when Kearly turned quads with the 8♥.

The river was the Q♥ and the 2007 Pokerstars Caribbean Adventure winner Ryan Daut heads out sixth, picking up $192,715.

We've made it to the final six here at the Doyle Brunson Five Diamond World Poker Classic and things are just about to get under way from the Bellagio Convention Center.

Expect action early and action often as the price of poker continues to go up.

Ryan Daut ($330,000) is certainly going to have to make some moves. The 2007 PokerStars Caribbean Adventure winner comes into the day with the shortest stack and should look to double-up early or get eaten up by those ever-increasing blinds.

Chip leader Eugene Katchalov ($8.3 million) rode a raft on top of some incredibly lucky rivers into the final six and has close to $2 million more than the aggressive Jordan Rich ($6.5 million). Both players combined make up more than two-thirds of the chips in play and are the only ones above the average chip stack.

The biggest name left from a field that included some of the biggest would have to be David "Devilfish" Ulliott. The Fish played almost the entire tournament around the average chip stack, but is within striking distance at $1.9 million.

Relative unknowns Ken Rosen ($1.1 million) and Ted Kearly ($1.6) million round out the top six. Based on their play throughout, Rosen is most likely to gamble as Kearly seemed more interested in moving up the pay structure on Day 5 than getting his chips in the middle. All that could change under the pressure of a WPT final table and we'll have to wait and see how it all shakes down.

One thing you can count on is PokerListings.com. As always, we'll be bringing you live updates throughout the final table until they crown a Five Diamond champ. With a $2.4 million first place prize, where else would you rather be!