Event #2: $25,000 Mixed-Max No-Limit Hold'em

Phil Ivey vs. Dan Cates

• Level 11: 1,200-2,400, 400 ante

Dan Cates raised to 6,000 from the cutoff and Phil Ivey called from the big blind.

The flop came down {9-Clubs}{5-Spades}{2-Hearts} and Ivey check-called 6,000 from Cates to see the {10-Hearts} turn. Ivey check-called 18,000 from Cates this time, landing the {3-Clubs} 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 {A-Spades}{5-Diamonds} 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.

Player Chips Progress
Dan Cates us
Dan Cates
us 333,000 -67,000
Phil Ivey us
Phil Ivey
us 230,000 26,900

Tags: Dan CatesPhil Ivey