We started the day with 54 of the world's finest mixed game players and after 12 hours of game time, the field has been reduced to just 21. Some of today's casualties included Barry Greenstein, Noah Boeken, Scotty Nguyen, Jeff Lisandro, Chris Ferguson, Phil Ivey, Doyle Brunson and the defending champion David Bach.
The early story was the rise through the pack of Alexander Kostritsyn who at one stage had more than double the chips of second place with just 31 players remaining. But like a good cycling peloton, the pack reeled in the runaway leader and by the day's end had surpassed the young Russian.
Michael Mizrachi, Vladimir Schmelev and David Oppenheim all had a very solid day on the felt, with Grinder bagging up the chip lead with 1.483 million in chips. Check out our chip counts page shortly for the official end-of-day counts.
Join us once again from 3pm tomorrow as we do it all again with Day 4 of this $50,000 Poker Player's Championship. We'll have some tense moments as we burst the money bubble and then surge towards our final table lineup. We look forward to your company then!
Chip leader photos from Day 3 of the $50,000 Poker Player's Championship.
The clock has been paused and the players will play only six more hands on each table before we call it a night.
Hasan Habib was all in on fifth street against Kirk Morrison, holding a pair of deuces and a low draw while Morrison held a pair of queens. Morrison made aces up on sixth street and neither player made a low, Habib heading to the rail in the final minutes of Day 3.
Morrison is up to 610,000.
No Limit Holdem
Four players limped in to see a cheap flop of . Action checked through to James Van Alstyne on the button who tossed out 35,000. John Juanda and Alexander Kostritsyn got out of the way but David Oppenheim made the call.
The turn brought the and play checked to Van Alstyne who fired a second barrel worth 60,000. Again Oppenheim made the call.
The river was the and again it was checked to Van Alstyne who bet once again for 100,000. Oppenheim made the call but mucked when Van Alstyne showed for trip sevens.
Nick Schulman has just caught Lyle Berman's hand firmly in the cookie jar. The game was Stud and Berman raised fourth street, before firing bets on fifth, sixth and seventh streets, with Schulman calling him down the whole way.
Berman: (X-X) (X)
Schulman: () ()
Schulman could only muster a pair of sixes but it was enough as Berman mucked. Schulman is up to 665,000 with Berman down to 330,000.
Erik Sagstrom just went from short-stacked to on the rail in the space of two hands. And it happened in what is probably the Swede's best game-- limit hold'em.
Sagstrom open-raised from late position and James Van Alstyne defended his big blind. The flop came down and Van Alstyne check-called a bet from Sagstrom. The turn was the and Van Alstyne turned around and led out. Sagstrom called and they went to the river which fell the . Van Alstyne bet and Sagstrom folded.
A few hands later, David Oppenheim raised, Sagstrom three-bet all-in and Oppenheim called. Sagstrom's did not improve against Oppenheim's and he made a quiet exit.
The players are now taking their final break of the day. One more level to go!
2-7 Triple Draw
David Oppenheim raised the button with Michael Mizrachi making the call in the big blind. "Grinder" drew three as Oppenheim took two. Mizrachi led out with a bet before Oppenheim raised it up. Mizrachi made the call and both players drew one card each.
Mizrachi checked and then called the bet from Oppenheim. Mizrachi took another card as Oppenheim stood pat. However Mizrachi came out betting with Oppenheim looking him up.
Mizrachi tabled to narrowly better Oppenheim's -X.