Dan Cates raised to 6,000 from the cutoff and Phil Ivey called from the big blind.
The flop came down and Ivey check-called 6,000 from Cates to see the turn. Ivey check-called 18,000 from Cates this time, landing the river. Ivey checked again and Cates fired 46,500. After about 90 seconds in the tank, Ivey called.
"I don't think I'm going to win this one," said Cates. "Queen high."
Ivey tabled for a pair of fives to win the pot.
"I wasn't going to call, but I just couldn't take it. I knew you were gonna show it if I folded," said Ivey.