Praz Bansi Wins the Bracelet

After a short heads-up match which Praz absolutely dominated he had opponent Anh Lu all-in. Anh was the one to move in and when Praz made the call Anh shook his head letting everyone know he only had rags. He turned over a 9-3 which was behind Praz's A-8. Praz made a pair of Eights on the flop and hit an Ace on the river to finish with two pairs.
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Heads-Up play is about to begin at this final table. The players are currently on a break and will return in about ten minutes. Anh Lu has $674,000 in chips and Praz Bansi is the leader with $967,000
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Five Players Left

There are now five players left in the tournament.
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Down to Seven Players

Nick Memeti was eliminated in 8th place. He flopped a set of 3's which he slowplayed without getting any action. Instead he moved all-in on the turn after some raising only to find that one of his opponents hade made a gut-shot straight.
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Down to the Final Table

Only 8 players remain in the tournament. No big names are seated at the final table.
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Chipping Away at the chips

Jong Choi's chip lead has been seriously depleted. It could be partly due to Francois Soulier who has been one of the opponenets chipping away at Jong's chip stack to increase his own sizeable stash.
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The first to be eliminated

The first one to leave from the final two tables is Seat 1 of Table 2. Seat 1 raised to $10,000 and Seat 4 responded by moving all-in. Seat 1 revealed K-A and Seat 4 showed a pair of sevens. No top cards came on the flop, turn or river resulting in Seat 4 knocking out Seat 1 with a pair of sevens.
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Two Tables Left...

Only 18 players remain in the tournament. Jong Choi and Krazy Kanuck, Jim Worth are seated beside one another.
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Jong Choi Mucks

Jong Choi the chip leader went up against an opponent with a pair of Kings and mucked when the board brought 8-7-5-4-3.
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Phil Hellmuth on the prowl

Phil Hellmuth was spotted on the sidelines of the event chatting with a fellow onlooker. Couldn't get close enough to hear what they were talking about though.
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The Playing Field Gets Smaller

Only 27 players remain in this event. They will be playing down until a winner is decided and a World Series bracelet is awarded tonight.
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Day 2 of Event 40 begins

Event 40 is underway today, although most people are too busy watching the Main Event to notice...
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Event Name Event 40, No-Limit Hold'em
Venue Rio All-Suites Hotel and Casino, Las Vegas
Date 3 August 2006
Final Day 4 August 2006
Buy In $1,000
Entrants 1100
Prize Pool $1,001,000
First Prize $230,209
Level Ante Blinds
Level 1 0 25/25
Level 2 0 25/50
Level 3 0 50/100
Level 4 0 100/200
Level 5 25 100/200
Level 6 25 150/300
Level 7 50 200/400
Level 8 75 300/600
Level 9 100 400/800
Level 10 200 600/1200
Level 11 200 800/1600
Level 12 300 1200/2400
Level 13 400 1500/3000
Level 14 500 2000/4000
Level 15 500 2500/5000
Level 16 1000 3000/6000
Level 17 1000 4000/8000
Level 18 2000 6000/12000
Level 19 2000 8000/16000
Level 20 3000 10000/20000
Level 21 4000 12000/24000
Level 22 5000 15000/30000
Level 23 5000 20000/40000
Level 24 5000 25000/50000

Praz Bansi

Event 40, No-Limit Hold'em

Top Money Finishers Prize
1. Praz Bansi $230,209
2. Anh Lu $120,120
3. Baktosh Gulzarzada $63,570
4. Fabrice Soulier $50,050
5. Earl Coggin $40,040
6. John Buttifant $35,035
7. Mark Petrillo $30,030
8. Nick Mehmeti $25,025
9. Vijayan Nagarajan $22,523
10. Hudson Bethard $20,020