Ivey In, Ivey Out

Phil Ivey, one of a couple hundred late registrants, managed to see two hands before getting all of his chips into the pot.

On the first hand, Michael "Texas Mike" Moncek, another of the late arrivals, raised all in and the table folded.

In the next, Ivey raised to 15,000 from the small blind. Dong Chen called to defend from the big.

The flop hit 4♣2♦5♥ and both players checked. The turn came 4♦ and Ivey moved all in. Chen quickly called.

Phil Ivey: 8♠8x All in
Dong Chen: K♠4♠

Chen had trip fours, needing only to fade an eight on the river. The A♠ landed last and Ivey was done.