Timeline

$50K: Rast Fades 3 Flush Draws to Defeat Hellmuth

This is the 12th straight year with a multi-bracelet winner.
This is the 12th straight year with a multi-bracelet winner.

Phil Hellmuth had Brian Rast on the ropes with a 5.6-to-1 chip lead in heads-up play, but he couldn't cross the finish line.

In three post-flop all-in situations, Rast had the better hand against a flush draw from Hellmuth, and each time Rast's hand held up. The first two double-ups brought them nearly even in chips, and the third won the tournament for Rast.

Here were the approximate chip counts before Hellmuth's world turned upside-down.

Phil Hellmuth - 16,570,000
Brian Rast - 2,630,000

HAND #210: BRIAN RAST DOUBLES THRU PHIL HELLMUTH

After a flop of 10 4 4, Rast bet, Hellmuth moved all in, and Rast reluctantly called with A K for ace high. Hellmuth turns over 9 6 for a heart flush draw.

As always, Hellmuth went to the rail to sweat the turn and river with his wife.

The turn was the Q, the river was the 2, and Rast won the pot with his ace high to double up.

Phil Hellmuth - 13,940,000
Brian Rast - 5,260,000

HAND #213: BRIAN RAST DOUBLES THRU PHIL HELLMUTH (AGAIN)

Three hands later, they were all in again.

After a flop of K J 4, Rast bet, Hellmuth raised, and Rast moved all in.

Hellmuth called with 10 8 for a club flush draw, and Rast turned over K 7 for a pair of kings. Hellmuth went to his rail to sweat the turn and river with his wife.

Doesn't this ring a bell?

The turn was the K, the river was the 6, and Rast won the pot with trip kings to double up yet again.

Phil Hellmuth - 9,950,000
Brian Rast - 9,250,000

HAND #215: BRIAN RAST TAKES THE LEAD

Two hands later, Rast and Hellmuth played a pot worth about 2 million on a board of K 4 2 3 J. They both checked the turn, Rast bet the river, and Hellmuth called.

Rast turned over Q 4 to win the pot with a spade flush, and Hellmuth mucked.

That gave Rast the chip lead.

Brian Rast - 10,455,000
Phil Hellmuth - 8,745,000

HAND #217: BRIAN RAST WINS THE WHOLE DAMN THING

Two hands later, Hellmuth was stunned and it was all over.

Phil Hellmuth raised to 400,000, and Brian Rast called. The flop came J 10 9, Rast bet 500,000, and Hellmuth moved all in for more than 8 million.

Rast said, "I have the nuts," and he called with K Q for a king-high straight.

Hellmuth turned over 8 2 for a diamond flush draw and a (now meaningless) open-ended straight draw.

For the third time in eight hands, Hellmuth went over to the rail to sweat the turn and river with his wife. Only this time, he wasn't hoping to win bracelet #12 -- he was hoping to stay alive.

Hellmuth wanted a diamond, but the turn was the 5. The river was the 8, and Brian Rast won the pot -- and the WSOP's $50,000 Poker Players' Championship -- with a king-high straight.

Rast ran to celebrate with his friends on the rail, while Hellmuth wandered back toward the table, eventually congratulating Rast when he finished his initial celebration.

Phil Hellmuth records his third second-place finish of the 2011 WSOP, coming tantalizingly close to his 12th bracelet but never quite reaching it.

As a consolation prize, Hellmuth earns $1,063,034, which is the biggest tournament prize of his career. His previous high was $755,000, which he won for a little tournament called the WSOP Main Event back in 1989.

Yes, this was Phil Hellmuth's first seven-figure cash.

But the story of the night was Brian Rast, who seemed to control the tempo of the game when it was four-handed, begin heads-up play nearly even in chips, and then watch Hellmuth build up a huge chip lead before Rast turned it around in the span of eight hands.

Rast, who won his first bracelet earlier this Series, becomes the first (only?) multiple-bracelet winner of the year, in addition to winning the Chip Reese Memorial Trophy and $1,720,328.

Brian Rast adds his name to the Chip Reese Memorial Trophy alongside previous winners Chip Reese, Freddy Deeb, Scotty Nguyen, David Bach, and Michael Mizrachi.

Congratulations to Brian Rast!

1st Place: Brian Rast - $1,720,328
2nd Place: Phil Hellmuth - $1,063,034
3rd Place: Minh Ly - $665,763
4th Place: Owais Ahmed - $482,085
5th Place: Matt Glantz - $376,750
6th Place: George Lind - $300,441
7th Place: Scott Seiver - $243,978
8th Place: Ben Lamb - $201,338

As exciting as this final table was, the WSOP Main Event begins tomorrow (later today?) at 12:00 noon. Stay tuned.

Average Stack
19200000
Players Left
1
Tables Left
1

$50K: Phil Hellmuth 4-to-1 over Brian Rast Heads-Up

Phil Hellmuth is as close to #12 as he's ever been.
Phil Hellmuth is as close to #12 as he's ever been.

Phil Hellmuth eliminated Minh Ly with A 6 against K 5 to get heads-up against Brian Rast. At the start of heads-up play, the two were nearly even in chips, but since then, Hellmuth has opened up a huge chip lead.

Hellmuth, as you know, is looking for his record-breaking 12th WSOP bracelet. Rast is trying to become the first (and only?) player to win two bracelets at this year's WSOP.

HAND #166: MINH LY OUT IN 3rd PLACE

Phil Hellmuth raised from the button, and Minh Ly moved all in from the small blind for 1.9 million. Hellmuth thought for a while before he called with A 6.

Ly turned over K 5, and he'd need to improve to stay alive. Hellmuth walked over to his wife to sweat the board and said, "Here we go again, baby."

The board came 9 7 6 5 3, and Hellmuth's pair of sixes bettered Ly's pair of fives.

Minh Ly was eliminated in third place, earning $665,763.

HEADS-UP CHIP COUNTS

These were the official heads-up chip counts with the blinds still at 60,000-120,000 and a 30,000 ante:

Brian Rast - 10,015,000 (83 bb)
Phil Hellmuth - 9,185,000 (76 bb)

PHIL HELLMUTH TAKES A HUGE POT -- AND A HUGE LEAD

In Hand #178, Hellmuth and Rast limped to a flop of Q 9 6. Rast bet 180,000, and Hellmuth called.

The turn card was the 3, Rast bet 410,000, and Hellmuth raised to 2,000,000. Rast called, making the pot worth nearly 4.4 million.

The river card was the J, Rast checked, and Hellmuth quickly bet 3,000,000. Rast tanked for a while before eventually folding, and most of the crowd seemed to cheer as Hellmuth won the pot to take a huge lead.

A short while later, Hellmuth won a nice pot with a middle straight against Rast's pocket kings to open up a 4-to-1 chip lead.

UPDATED CHIP COUNTS

There is still about half an hour left in the current level, with blinds at 60,000-120,000 and a 30,000 ante:

Brian Rast
Brian Rast has fallen behind, but don't count him out yet.
 

Brian Rast - 3,600,000 (30 bb)
Phil Hellmuth - 15,600,000 (130 bb)

1st Place: $1,720,328
2nd Place: $1,063,034

3rd Place: Minh Ly - $665,763
4th Place: Owais Ahmed - $482,085
5th Place: Matt Glantz - $376,750
6th Place: George Lind - $300,441
7th Place: Scott Seiver - $243,978
8th Place: Ben Lamb - $201,338

Stay tuned to PokerListings.com to see if Phil Hellmuth can win his record-setting 12th WSOP bracelet, or if Brian Rast can make a huge comeback to claim his 2nd bracelet of the 2011 WSOP.

Average Stack
9600000
Players Left
2
Tables Left
1

$50K: Brian Rast Leads the Final 3; Ahmed Out 4th

Brian Rast has been controlling the pace at this table.
Brian Rast has been controlling the pace at this table.

Brian Rast has been running over this table and controlling the action since the dinner break, putting Phil Hellmuth in some frustrating spots.

Owais Ahmed couldn't hold on to his short stack and was eliminated in fourth place, while Minh Ly has been treading water as the short stack.

Here are the highlights from the last level:

HAND #123: PHIL HELLMUTH vs. BRIAN RAST

In Hand #123, Minh Ly raised under the gun, Brian Rast called from the button, and Phil Hellmuth reraised from the small blind. Ly folded, and Rast called.

The flop came 9 3 2, and Hellmuth check-called a bet from Rast. The turn was the K, and Hellmuth checked again. Rast bet 675,000, and Hellmuth asked how many chips Rast had behind. It was nearly 2 million.

Hellmuth called and immediately checked in the dark.

Phil Hellmuth
Hellmuth has been getting frustrated since he lost the chip lead.
 

The river card was the 10, and Rast bet 1.36 million. Just like the last hand before the dinner break, Hellmuth tanked for a very long time. Several times, he asked Rast if he had a set.

Hellmuth eventually folded, and showed one card -- the K for top pair. Hellmuth didn't show his kicker, but he said it was big.

Brian Rast took the pot, evening up the top three chip stacks between him, Hellmuth, and Minh Ly. (A situation that wouldn't last long.)

After the hand, Hellmuth said, "Once people start bluffing me, they never stop. That's one thing I know to be a fact. Once they start, they can't stop." He's clearly hoping to catch a big hand against Rast at some point.

HAND #126: PHIL HELLMUTH vs. BRIAN RAST, TAKE 2

Three hands later, Rast and Hellmuth tangled again.

In Hand #126, Rast raised from the small blind, Hellmuth reraised from the big blind, and Rast called.

The flop came 9 6 4, Rast bet, and Hellmuth quickly called. The turn card was the Q, and Rast bet again. Once again, Hellmuth almost beat him into the pot with his call.

This is a strong contrast to their last big hand, when Hellmuth was really taking his time.

The river card was the 3, and Rast checked. Hellmuth quickly checked behind and flipped over A 6, convinced it was good. Rast mucked, and Hellmuth won the pot with a pair of sixes.

As he was pulling in the pot, Hellmuth said, "It would've been fun if he bet a million on the river. I could've snapped him with the six."

Hellmuth moved into the lead with 6.8 million, and Rast dropped to third place with 4.2 million.

HAND #127: BRIAN RAST DOUBLES THRU MINH LY

Rast's aggression against Hellmuth paid off in a hand against Ly.

In Hand #127 (the next hand), Minh Ly raised under the gun, Rast reraised from the button, and Ly called. The flop came 7 6 2, Ly bet 1,000,000, and Rast thought for a bit before moving all in.

Ly called with J 7 for a pair of sevens, but Rast turned over 10 10 for an overpaid. Rast was poised to double up if his tens could hold.

The turn was the K, the river was the 3, and Brian Rast doubled into the chip lead with about 8.7 million.

HAND #131: OWAIS AHMED OUT IN 4th PLACE

In Hand #131, Phil Hellmuth limped from the small blind, Owais Ahmed moved all in from the big blind for 1.7 million, and Hellmuth insta-called with A J. Ahmed turned over K 10, and he'd need to improve to stay alive.

The flop came K 9 7, and Ahmed threw his arms in the air as he paired his king to take the lead. Once again, Hellmuth was on the rail with his wife, burying his head while she watched the turn and river on his behalf.

Phil Hellmuth Rivers a Winner
Hellmuth rivers a winner to bust Owais Ahmed.
 

The turn was the 5, and the river was -- the A.

Ahmed dropped his head as Hellmuth leaped for joy on the rail with his back still to the table. If there was any doubt that this was a pro-Hellmuth crowd, it was erased on this hand, because the cheers were overwhelming.

Owais Ahmed was eliminated in fourth place, earning $482,085.

OFFICIAL CHIP COUNTS

The level came to an end after Hand #154, and the players took a 15-minute break. Here are the official chip counts from the break as the blinds increase to 60,000-120,000 with a 30,000 ante:

Seat 1. Brian Rast - 9,505,000  (79 bb)
Seat 3. Phil Hellmuth - 6,800,000  (56 bb)
Seat 6. Minh Ly - 2,895,000  (24 bb)

1st Place: $1,720,328
2nd Place: $1,063,034
3rd Place: $665,763
4th Place: Owais Ahmed - $482,085
5th Place: Matt Glantz - $376,750
6th Place: George Lind - $300,441
7th Place: Scott Seiver - $243,978
8th Place: Ben Lamb - $201,338

Stay tuned to PokerListings.com for continuing highlights as Phil Hellmuth plays for his record-breaking 12th WSOP bracelet, Brian Rast tries to become the first two-bracelet winner of 2011, and Minh Ly goes for his first WSOP bracelet in the toughest event on the schedule.

Average Stack
6400000
Players Left
3
Tables Left
1

$50K: Hellmuth Builds His Lead; Still 4 Left

Three players stand (sit?) between Hellmuth and bracelet #12.
Three players stand (sit?) between Hellmuth and bracelet #12.

After losing three players during the previous level, there were no bustouts during this level.

There have been more and more situations where players have moved all in during the last level, probably because as Hellmuth accumulates more chips, the other stacks get smaller.

And Hellmuth has been accumulating more chips. With four players left, he has been holding roughly half the chips in play.

The short stack is Owais Ahmed, who has been treading water as he tries to mount a comeback. But it's been tough on him.

HAND #78: PHIL HELLMUTH vs. OWAIS AHMED

In Hand #78, Owais Ahmed raised from the cutoff and Phil Hellmuth called from the big blind before checking in the dark.

The flop came 8 7 5, Ahmed bet 170,000, Hellmuth check-raised to 380,000, and Ahmed called. The turn card paired the board with the 5, Hellmuth bet 380,000, and Ahmed called.

Owais Ahmed is Proud To Be Pakistani
Something tells us that Owais Ahmed is proud to be Pakistani.
 

The river card was the Q, and Hellmuth bet 440,000. Ahmed tanked for a long time -- perhaps the longest tank we've seen today.

Hellmuth seemed extremely confident, and when Ahmed started theorizing possible hands that Hellmuth could be holding, Hellmuth countered that he could have something like 10-9 of diamonds or even J-9.

Ahmed tanked for a very long time but didn't bite, folding his hand. Hellmuth took the pot without showing.

Phil Hellmuth - 8,445,000
Owais Ahmed - 1,560,000

HAND #88: BRIAN RAST vs. OWAIS AHMED

A short while later, Ahmed was involved in another tough spot, this time against Brian Rast.

In Hand #88, both Ahmed and Rast checked to the turn on a board of Q 8 8 Q. Ahmed checked, Rast bet 250,000, and Ahmed called.

The river card was the 6, Ahmed checked again, and Rast carefully slid out a bet of 570,000.

Once again, Ahmed tanked for a long time, put under pressure in a tough spot. Ahmed eventually folded, leaving himself chips to fight another day.

Brian Rast - 4,625,000
Owais Ahmed - 1,320,000

HAND #106: PHIL HELLMUTH vs. BRIAN RAST

Phil Hellmuth's lead was larger before the last hand of the level, when he found himself in a tough spot against Brian Rast.

After a flop of K Q 3, Rast bet, Hellmuth raised, and Rast called. The turn card paired the board with the 3, and both players checked.

The river was the K, Rast bet 470,000, and Hellmuth tanked. He tanked for a long time.

Hellmuth counted out the bet to see how it would affect his stack. He would still be chipleader if he lost this pot, but he would be way off his peak and much closer to the rest of the pack.

At one point, Hellmuth asked how much time was left in the level. When he learned this would be the last hand (time had already expired), he was not pleased, saying he didn't want to be tilted during the dinner break.

Hellmuth eventually called, and Rast flipped over K 7 for a full house, kings full of threes.

Hellmuth was livid, and made a few standard Hellmuthian threats toward Rast, like "When you get it all in against me, I'll be holding aces."

OFFICIAL CHIP COUNTS

After three levels and 106 hands, it's time to take a dinner break. The players will break for one hour, with play resuming about 10:35 pm with the blinds increasing to 50,000-100,000 with a 30,000 ante.

Here are the official chip counts:

Seat 1. Brian Rast - 4,730,000 (47 bb)
Seat 3. Phil Hellmuth - 6,875,000 (68 bb)
Seat 4. Owais Ahmed - 2,185,000 (21 bb)
Seat 6. Minh Ly - 5,410,000 (54 bb)

1st Place: $1,720,328
2nd Place: $1,063,034
3rd Place: $665,763
4th Place: $482,085
5th Place: Matt Glantz - $376,750
6th Place: George Lind - $300,441
7th Place: Scott Seiver - $243,978
8th Place: Ben Lamb - $201,338

Return to PokerListings.com for continuing coverage as Phil Hellmuth seeks his record 12th WSOP bracelet.

Average Stack
4800000
Players Left
4
Tables Left
1

$50K: Seiver 7th, Lind 6th, Glantz 5th, Hellmuth Dominates

Scott Seiver wore a PH to honor (mock?) Phil Hellmuth.
Scott Seiver wore a PH to honor (mock?) Phil Hellmuth.

The last level was an active one, as we lost three players and the field is down to the final four. Meanwhile, Hellmuth held on to the lead the entire time, at one point it seemed that he had twice as many chips as anyone else.

Here are the major highlights from the last level.

HAND #34: SCOTT SEIVER OUT IN 7th PLACE

In Hand #34, Scott Seiver moved all in preflop for about 1.3 million, and Brian Rast called with A A. Seiver turned over 8 8, and he'd need to improve to stay alive.

The board came 7 6 3 2 9, and the pocket aces held up for Rast to win the pot.

Scott Seiver was eliminated in seventh place, earning $243,978.

George Lind
Kara Scott interviews George Lind after he finishes in 6th place.
 

HAND #50: GEORGE LIND OUT IN 6th PLACE

In Hand #50, George Lind and Minh Ly saw a flop of A Q 6, and Lind check-called a bet from Ly.

The turn card was the 10, and this time, Lind check-raised all in -- and Ly quickly called with 8 7 for a spade flush.

Lind turned over Q 10 for two pair, queens and tens, and he'd need to improve to a full house on the river to stay alive.

The last card was the 3, and Minh Ly won the pot with his spade flush.

George Lind was eliminated in sixth place, earning $300,441

HAND #62: MATT GLANTZ DOUBLES THRU OWASIS AHMED

Yesterday, Minh Ly was accused by Scott Seiver of slow-rolling Ben Lamb in a few pots, and today, Minh Ly is receiving more criticism.

In Hand #62, Minh Ly raised under the gun, and Matt Glantz moved all in from the cutoff. Action folded to Owais Ahmed in the big blind, but before he could act, Minh Ly folded out of turn.

To be fair, Ahmed's cards were on the other side of his chips, and not clearly visible. But Glantz was put in a bad spot, as it is much easier for Ahmed to call now that Ly isn't waiting to act behind him.

Ahmed eventually did call with A Q, and Glantz turned over Q Q. The board came K 6 6 9 K, and Glantz's hand held up to win the pot.

Glantz continued to complain to TD Robbie Thompson after the hand, but Ly didn't receive a penalty.

After the hand, Glantz would go to the rail (still mic'd) and say he thought Minh Ly was angle-shooting. As one of the shortest stacks, Ly would stand to benefit with a pay jump if Glantz were eliminated ahead of him.

Regardless of how it happened, or why, Matt Glantz doubled up to 2.7 million in chips.

Matt Glantz
Matt Glantz busted in 5th place in the last hand before the break.
 

HAND #67: MATT GLANTZ OUT IN 5th PLACE

In Hand #67, with five players left, four of them saw a raised flop of A Q 7. Phil Hellmuth bet from the small blind, Owais Ahmed folded the big blind, and Minh Ly called under the gun.

In the cutoff, Matt Glantz thought for a while before moving all in, and Hellmuth asked for a count. It was about 2.4 million, and Hellmuth tanked for a while before he folded.

The action was back on Ly, and he tanked for a while before he called with A K for top pair, top kicker. Glantz turned over J 10 for a flush draw with a gutshot straight draw. Glantz would need to improve to stay alive.

The turn was the 10, the river was the 3, and Minh Ly won the pot with his pair of aces.

Matt Glantz was eliminated in fifth place, earning $376,750.

OFFICIAL CHIP COUNTS

Glantz was eliminated in the last hand of the level, and the players took a 15-minute break. Here are the official chip counts for the final four players as the blinds increase to 40,000-80,000 with a 20,000 ante:

Seat 1. Brian Rast - 5,340,000 (66 bb)
Seat 3. Phil Hellmuth - 6,110,000 (76 bb)
Seat 4. Owais Ahmed - 2,060,000 (25 bb)
Seat 6. Minh Ly - 5,690,000 (71 bb)

5th Place: Matt Glantz - $376,750
6th Place: George Lind - $300,441
7th Place: Scott Seiver - $243,978
8th Place: Ben Lamb - $201,338

Stay tuned to PokerListings.com for continuing highlights as they play down to see who will become this year's WSOP Players' Champion.

Average Stack
4800000
Players Left
4
Tables Left
1

$50K: Hellmuth Leads; Ben Lamb Out in 8th

Phil Hellmuth rolls while Ben Lamb falls.
Phil Hellmuth rolls while Ben Lamb falls.

Phil Hellmuth flops a set of jacks against Brian Rast to double up into the chip lead, while Ben Lamb gets short and busts in eighth place with A 2 against Scott Seiver's A J.

That's the quick summary, and here's the big hands that tell the story in more detail.

HAND #7: BRIAN RAST DOUBLES THRU MINH LY

In Hand #7, Minh Ly raised from early position to 125,000, Brian Rast reraised from the cutoff to 355,000, and Ly called. Both players checked to the river on a board of 8 3 3 4 4. Ly checked, Rast bet 735,000, and Ly went into the tank.

Brian Rast
Brian Rast had the chip lead for two hands.
 

After nearly three minutes, Ly called. Rast showed A 4 to win the pot with a full house, fours full of threes, and Ly mucked.

With that pot, Brian Rast took the lead with 5.1 million in chips.

HAND #9: PHIL HELLMUTH DOUBLES THRU BRIAN RAST

Brian Rast's chip lead was short-lived, as Phil Hellmuth took it from him two hands later.

In Hand #9, Rast raised from middle position to 125,000, Hellmuth reraised from the cutoff to 250,000, and Rast called. The flop came Q J 5, Rast bet 2,000,000, and Hellmuth moved all in (possibly called all in) so forcefully he knocked his chip stacks over.

Rast called with 7 5 for a pair of fives with a diamond flush draw. Hellmuth turned over J J for a set of jacks, and Rast would need a diamond to bust Hellmuth. Hellmuth walked over to the rail to be with his wife, and turned his back and covered his head so he couldn't see the cards. Hellmuth let his wife watch so she could tell him what happened.

The turn card was the 7, the river was the 7, and both players made full houses. But Hellmuth's jacks full beat Rast's sevens full, and Hellmuth took the pot.

Phil Hellmuth
Hellmuth hugs his wife after doubling up with jacks full.
 

With that hand, Phil Hellmuth took the lead with about 4.75 million in chips. Rast dropped down to about 2.75 million.

HAND #14: BEN LAMB ELIMINATED IN 8th PLACE

Ben Lamb was steadily draining chips, and was down to about six big blinds.

Scott Seiver min-raised from early position to 100,000, Ben Lamb moved all in for 295,000, and Seiver called with A J. Lamb turned over A 2, and he'd need to improve to stay alive.

The board came K 6 4 3 9, and Seiver won the pot with his jack kicker.

Ben Lamb was eliminated in eighth place, earning $201,338.

After the hand, Hellmuth complimented Lamb by saying he is an excellent player, and then said he didn't want to tell Lamb that while they were still playing against each other. High praise from Hellmuth, who sometimes seems reluctant to compliment his opponents.

OFFICIAL CHIP COUNTS

There were a total of 25 hands played among the final eight players during that level. Here are the official chip counts from the break as the blinds increase to 30,000-60,000 with a 15,000 ante:

Ben Lamb Out in 8th
Kara Scott interviews Ben Lamb after his 8th place finish.
 

Seat 1. Brian Rast - 1,995,000 (33 bb)
Seat 2. George Lind - 1,985,000 (33 bb)
Seat 3. Phil Hellmuth - 5,830,000 (97 bb)
Seat 4. Owais Ahmed - 1,885,000 (31 bb)
Seat 5. Scott Seiver - 1,945,000 (32 bb)
Seat 6. Minh Ly - 2,405,000 (40 bb)
Seat 8. Matt Glantz - 3,155,000 (52 bb)

8th Place: Ben Lamb - $201,338

Stay tuned to PokerListings.com for continuing coverage of all the highlights as Hellmuth goes for bracelet #12 and Rast and Ahmed go for their second bracelets of this WSOP.

Players Left
7
Tables Left
1

$50K Championship: Jason Lester Out in 9th

Jason Lester finished 4th in the Main Event in 2003.
Jason Lester finished 4th in the Main Event in 2003.

The start of the action in the $50,000 Poker Players' Championship was a bit anti-climactic, as there wasn't much announcing and fans couldn't see much on the monitors during non-flop games.

Eventually, Jason Lester got it all in during limit hold'em against Minh Ly after a flop of A J 2.

Lester turned over A K for top pair, top kicker, and Ly was behind with A 8.

But the turn card was the 8, giving Minh Ly a huge lead with two pair. Lester would need to catch a king or a jack not he river to stay alive.

The river card was the 3, and Minh Ly won the pot with two pair, aces and eights -- the dead man's hand.

In this case, the dead man is Jason Lester, who bubbles the official final table in ninth place.

OFFICIAL CHIP COUNTS

The remaining eight players have reached the official final table in the $50,000 Poker Players' Championship. The game will be no-limit hold'em from this point forward, and the blinds are starting at 25,000-50,000 with a 15,000 ante:

Seat 1. Brian Rast - 3,860,000 (77 bb)
Seat 2. George Lind - 2,840,000 (56 bb)
Seat 3. Phil Hellmuth - 2,345,000 (46 bb)
Seat 4. Owais Ahmed - 1,225,000 (24 bb)
Seat 5. Scott Seiver - 1,100,000 (22 bb)
Seat 6. Minh Ly - 4,490,000 (89 bb)
Seat 7. Ben Lamb - 655,000 (13 bb)
Seat 8. Matt Glantz - 2,685,000 (53 bb)

Action should resume soon (around 4:30 pm or so), and stay tuned to PokerListings.com for continuing updates until somebody wins the Chip Reese Memorial Trophy.

Players Left
8
Tables Left
1

$50K Championship: Shuffle Up and Deal!

Will today be the day that Phil Hellmuth wins his 12th bracelet?
Will today be the day that Phil Hellmuth wins his 12th bracelet?

The ESPN arena in the Amazon Room has nearly filled up, and we expect it to be standing-room only once action has been underway for a while in the $50,000 Poker Players' Championship.

Here are the official chip counts, as the limits will be starting at 100,000-200,000:

Action was scheduled to start at 3:00 pm, but the introductions from WSOP Tournament Director Jack Effel pushed the start back to about 3:15 pm.

Since there are still nine players, they will continue playing the eight mixed games as the structure indicates. When one more player is eliminated, they will switch to no-limit hold'em for the rest of the way.

Seat 1. Brian Rast - 2,660,000 (13 big bets)
Seat 2. George Lind - 2,315,000 (11 big bets)
Seat 3. Phil Hellmuth - 2,245,000 (11 big bets)
Seat 4. Owais Ahmed - 1,425,000 (7 big bets)
Seat 5. Scott Seiver - 725,000 (3.6 big bets)
Seat 6. Minh Ly - 5,215,000 (26 big bets)
Seat 7. Ben Lamb - 1,180,000 (5 big bets)
Seat 8. Jason Lester - 920,000 (4.6 big bets)
Seat 9. Matt Glantz - 2,535,000 (12 big bets)

The live stream is scheduled to begin on ESPN3 at 4:00 pm, and it will be on a 30-minute delay.

The cards are in the air, so stay tuned to PokerListings.com as we'll be providing updates throughout the day.

Players Left
9
Tables Left
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Event Name Event 55 - $50,000 Poker Player's Championship
Date 2 July 2011
Final Day 6 July 2011
Buy In $50,000
Entrants 128
Prize Pool $6,144,000
First Prize $1,720,328
Brian Rast

Brian Rast
wins
$1,720,328

Event 55 - $50,000 Poker Player's Championship

Top Money Finishers Prize
1. Brian Rast $1,720,328
2. Phil Hellmuth $1,063,034
3. Minh Ly $665,763
4. Owais Ahmed $482,085
5. Matt Glantz $376,750
6. George Lind $300,441
7. Scott Seiver $243,978
8. Ben Lamb $201,338
9. Jason Lester $168,529
10. Vladimir Shchemelev $168,529