APPT9 Aussie Millions: Final eight set in the LK Boutique $250,000 Challenge
You can buy a lot with $250,000.
On Day 2 of the LK Boutique $250,000 Challenge, however, all it will get you is 12.5 big blinds.
And a shot at more than $2 million.
There were 23 total entrants on Day 1 of this massive event including two from Doug Polk and three from Scott Seiver. Luckily their respective $500,000 and $750,000 investments ended up at least getting them to Day 2.
Isaac Haxton joined Polk and Seiver in the re-entry club when he plonked down the $250,000 before play on Day 2, sitting with those 12.5 big blinds we just mentioned.
Brian Rast, meanwhile, was the only other player to jump in on Day 2.
This was Rast's first entry into the event because he was a little busy at the final table of the $10,600 Aussie Millions Main Event yesterday. Rast ended up finishing 5th which awarded him $315,000 - more than enough to cover his entry into the $250,000 event.
Those two late entrants brought the total field to 25 and set the prize pool at $6,124,000.
Here are the payouts:
1st - $2,205,000
2nd - $1,592,000
3rd - $1,041,000
4th - $735,000
5th - $551,000
The plan on Day 2 was simple: The 12 players would fight it out at two six-handed tables until nine remained, at which point there would be an unofficial final table of nine. One more player would then need to be lost and then there would be a break in play before the official final table is filmed later this evening.
The first player eliminated to kick off the day was Ole Schemion. He was short stacked and got his K♣6♣ in preflop and couldn't compete against Doug Polk's 9♦9♥.
Schemion finished runner-up for a massive score in the recent $100,000 Challenge so
despite being eliminated here can count his 2015 Aussie Millions as a successful one.
Igor Kurganov was also eliminated early on Day 2, followed by Brian Rast.
Polk was the man to send Kurganov to the rail when his 7♠7♣ had Kurganov's 6♦6♠ all-in preflop dominated. The news only got worse for Kurganov on a 7♦4♥2♠8♥A♠ board.
Just moments after Kurganov hit the rail and Rast would follow him out the door when his A♦T♦ all-in preflop couldn't catch up against Team PokerStars Pro Online Isaac Haxton's A♥Q♦.
Once these three were eliminated, it was down to the unofficial final table of nine.
Play slowed down a little at this point with the full-ring action and chance at making the televised final table of eight making the players a little more cautious.
Eventually it was Jason Mo who found the rail as the final table bubble boy.
Mo was sent to the rail when he shoved his last 13 big blinds with K♠Q♠ and ran into Scott Seiver with A♥A♦. Despite hitting a king, the board didn't bring enough help for Mo to survive and with that, the final table of eight was set.
Here is how the filmed final table stacks up.
Seat 1: Scott Seiver - 1,107,000
Seat 2: Isaac Haxton - 430,000
Seat 3: Doug Polk - 1,904,000
Seat 4: Dan Smith - 286,000
Seat 5: Erik Seidel - 330,000
Seat 6: Richard Yong - 325,000
Seat 7: Mike McDonald - 329,000
Seat 8: Phil Ivey - 1,541,000
As you can see, Doug Polk's two entries have paid off as he leads the final eight.
Phil Ivey is the big story, however, as he has the second largest stack and a chance at winning this event for the second consecutive time and the amazing third time in his career.
When the players return to the television studio, from 4:30pm local time in the Exhibition Hall, they will play down to a winner.
Right here on the PokerStarsBlog is where you can find out who claims the title and the massive seven-figure top prize. If you check out the APPT9 Aussie Millions page you will find a live update feed at the top of the page and feature stories right below. Enjoy!