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01-13-2008 00:34 UTC+10

All No-Limit, All the Time

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[user25067]

Now that we're down to heads-up, the betting will be no-limit both before and after the flop.

01-13-2008 00:32 UTC+10

$1.25 Million to the Winner

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[user24788]

The winner's trophy and first place booty

The winner of this event will collect $1.25 million. That will be the second largest prize ever in the history of the Aussie Millions. Last year's main event winner, Gus Hansen, took home $1.5 million for first place.

Second place in this event will win $650,000. Essentially this is a $550,000 heads-up match with Howard Lederer holding more than a 2 to 1 chiplead.

01-13-2008 00:28 UTC+10

Heads-Up

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[user25067]

We're down to heads-up play between Howard Lederer and Mark Teltscher. Here's how their chip stacks stand:

Lederer: 1,695,000
Teltscher: 810,000

01-13-2008 00:27 UTC+10

Hand #196 - Michael Sampoerna Eliminated in 3rd Place ($350,000)

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[user25067]

Mark Teltscher has the button in Seat 6. He raises to 140,000, Michael Sampoerna re-raises all in and Teltscher calls.

Sampoerna {7-Diamonds}

Teltscher

The board runs out {A-Hearts}

and Sampoerna is eliminated. He'll collect $350,000 for his 3rd place finish.

01-13-2008 00:24 UTC+10

Hand #195 - Mark Teltscher

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[user25067]

Howard Lederer has the button in Seat 3. He raises to 100,000, Mark Teltscher moves all in for 380,000 from the small blind, Lederer flashes J-T and folds. Teltscher shows 8-8 and wins the pot.

01-13-2008 00:23 UTC+10