Day 2 of the 2013 PokerStars Caribbean Adventure began with 500 players and although that number was more than halved by end of day, a few more players have to hit the exit before we'll have the 144 who get paid.
Prizes start at $15,000 and go all the way up to the $1,859,000 that will go to this year's winner.
The tournament room at Atlantis was buzzing today with side events and cash games to go along with the main event, a silver lining for the hundreds of busted players.
Faring far better than the busted and joining Michael Mizrachi near the top of the chip counts are a host of elite players.
WSOP Circuit and APPT title holder Eddy Sabat finished in the top 10, as did former WPT winner Matt Waxman.
And just squeaking onto the leaderboard is Ty Reiman, who finished second in this tournament in 2010 for $1.75 million.
Also bagging big stacks this evening were Max Silver, Carlos Mortensen, Shannon Shorr, Greg Mueller and Eugene Katchalov, to name a few.
Here are the top ten stacks going into Day 3:
Nicolas Godoy - 724,200 Darren Elias - 558,900 Michael Mizrachi - 540,700 Jose Quintas - 497,900 Joe Serock - 493,600 Jonathan Roy - 419,600 Eddy Sabat - 410,200 Ryan Carter - 374,700 Matt Waxman - 360,400 Ty Reiman - 359,100Among the fallen on Day 2 were a few of the biggest names in the business.
Phil Ivey, Phil Hellmuth and Daniel Negreanu all went bust this afternoon, joining players like reigning world champion Greg Merson, last year's PCA runner-up Kyle Julius and Canadian sensation Xuan Liu, who also made the final table of this tournament last year.
Also eliminated late in the evening was the most successful athlete in the history of the Olympics, Michael Phelps.
Michael Phelps Misses First $10k Cash
This PCA main event marked the first $10,000 poker tournament for 18-time Olympic gold medalist Michael Phelps but unfortunately for the swimmer he came up just short of the money.
Phelps was cruising at a tough table that included Eddy Sabat, and in the end it was Sabat who dealt Phelps the death blow.
Sabat opened with a raise and Phelps called before the flop came down K♠ Q♦ 5♦.
Sabat fired again and Phelps called. The turn was the 6♣ and Phelps took the lead with a bet after Sabat checked.
The river was the J♣ and Sabat moved all-in. Phelps called but saw Sabat had rivered the Broadway straight, holding A♣ T♣.
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