Velador Tanks
Pot-Limit Omaha
Phil Ivey started things off with a limp under the gun and then Jose-Luis Velador completed from the small blind after action folded to him. Gavin Cochrane was in the big blind and raised to 24,000. Ivey called and then Velador called as well.
The flop came down 
and Velador checked. Cochrane fired a continuation bet worth 48,000 and then Ivey folded. Velador tanked for several minutes and eventually folded.