We now have a new chip leader, and it's none other than defending APT Philippines 2010 champion Neil Arce.

Pre-flop, Neil raised to 3,500 from the cut-off. Fellow Filipino pro Jun Te then re-raised to 10,500. The blinds got out of the way and action went back to Neil, who made the call.

Flop:

Neil led out for 14,000, only to have Jun Te respond by re-raising to 34,000. Sparks went flying as Neil declared all-in, and Jun instantly called!

Neil:
Jun:

A horrified Jun was looking to hit an ace now after thinking that he had the best hand on the flop. The turn and river did not help him, sending the once big-stacked Jun to the rail and giving Neil a whopping 160,000 in chips!