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2011 42nd Annual World Series of Poker

Tuesday, July 05, 2011 to Thursday, July 07, 2011

Event #57: $5,000 Pot-Limit Omaha Hi-Lo 8 or Better

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  • Buy-in: $5,000
  • Prizepool: $1,654,400
  • Entries: 352
  • Remaining: 2

EVENT UPDATES

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Friday, July 8, 2011 4:32 PM Local Time

Nick Binger, Champion.

Day 3 of Event #57, the $5,000 Pot-Limit Omaha Hi-low Split-8 or Better, saw the final 25 players of a 352-player field return for their shot at the last non-Main Event bracelet up for grabs at the 2011 World Series of Poker. After 12 intense hours, play came to an end with only two players remaining: David Bach vs. Nick Binger.

The duo returned on Friday for Day 4 to play out the tournament, and in the end it was Binger who emerged victorious to win his first bracelet and the $397,073 first-place prize.

Binger's path to victory did not come easy. On Day 3, he had to play his way through 23 tough competitors, many who fell long before the final table. Some of the notable players who fell on the road to the final table were Padraig Parkinson, Lee Watkinson, Grayson Nichols, David "Doc" Sands, and Kirill Rabtsov. Here is a full account of the payouts leading up to the final table:

Day 3 Eliminations

PlacePlayerPrize
25Joseph Marchal$12,623
24Padraig Parkinson$12,623
23Raymond Dehkarghani$12,623
22Fabrizio Gonzalez$12,623
21Lee Watkinson$12,623
20Tobias Hausen$12,623
19Marcelo Costa$12,623
18Grayson Nichols$15,915
17Anders Taylor$15,915
16Igor Sharaskin$15,915
15Alexander Dovzhenko$20,299
14David "Doc" Sands$20,299
13Peter Levine$20,299
12Austin Marks$25,874
11Kirill Rabtsov$25,874
10Brent Wheeler$25,874

Brent Wheeler's elimination shortly after the dinner break left just nine players in the field, which comprised the official final that looked a little bit like this:

Final Table

SeatPlayerChip Count
1Phil Laak801,000
2Nick Binger936,000
3Bryce Yockey1,140,000
4Allen Kessler143,000
5Nick Schulman632,000
6Trevor Reader309,000
7Peter Charalambous145,000
8David Bach862,000
9Bjorn Verbakel312,000

It didn't take long for things to heat up at the final table; in fact, a big pot developed when Phil Laak was on the button and potted to 52,000, which Bryce Yockey called from the big blind. It was heads up to the     flop, which saw Yockey check-call a bet of 48,000. When the   was put out on the turn, Yockey check-called another bet, this time 174,000.

The   completed the board and Yockey checked one last time. Laak thought for a few moments before sliding in the remainder of his stack . . . 527,000! Yockey snap-called only to muck when Laak rolled over      for trip threes with the nut low. With that, Laak takes a commanding chip lead while Yockey was reduced to just 328,000.

The first elimination happened a short time later when Allen Kessler got all in preflop holding      and was up against the      of Laak. The board ran out       and Kessler was sent to the rail in ninth place for $33,352. The next few eliminations took awhile to develop, but ultimately saw Bjorn Verbakel, Nick Schulman, and Peter Charalambous sent to the rail in eighth, seventh, and sixth places respectively.

After Trevor Reader made his exit in fifth place, the fan favorite fell. It happened after Laak, who couldn't capitalize on the early chip lead and grew short stacked, raised to 80,000 under the gun, which David Bach called from the big blind. Both players checked the     flop, leading to the   on the turn. Bach checked for a second time, and after a moment's thought, Laak fired out 150,000. Bach thought for a bit and then check-raised enough to put Laak all in. A call was made and the cards were turned up:

Laak:     
Bach:     

The   river didn't change a thing and Laak became the fourth-place finisher, worth $133,377.

Not long after, Yockey was sent packing in third place after failing to mount a comeback. That left Bach (3,010,000) to do heads-up battle against Binger (2,270,000). The latter was supported by a cheerful rail that included Michael Binger, Liv Boeree, James Dempsey, Darryll Fish, Matt Waxman, Xuan Liu, Dan Shak, Gloria Balding, Kevin MacPhee, and Jeff Madsen.

Final Table Payouts

PlacePlayerPrize
1stNick Binger$397,073
2ndDavid Bach$245,314
3rdBryce Yockey$180,180
4thPhil Laak$133,377
5thTrevor Reader$99,512
6thPeter Charalambous$74,845
7thNick Schulman$56,729
8thBjorn Verbakel$43,328
9thAllen Kessler$33,352

Congratulations to Nick Binger on winning his first WSOP bracelet!

That does it for our coverage from Event #57 $5,000 Pot-Limit Omaha Hi-low Split-8 or Better; in fact, this will be the last recap resulting in a bracelet winner until November when the Main Event concludes. With 57 events down, be sure to follow along with our extensive coverage on the Main Event which will be running between now and July 19th.

Friday, July 8, 2011 4:19 PM Local Time

David Bach - 2nd place

David Bach raised on the button to 300,000. Nick Binger re-raised the pot to 900,000 and Bach came right back over the top with a pot-sized raise, putting him all in. Binger called and the cards were on their backs.

BInger:     
Bach:     

Binger was looking for a low flop with clubs and boy did he find it as the flop came down    . Binger flopped the nut low and had the nut-flush draw for the high as well. The turn was the   and locked up the high for Binger, who needed to dodge a three on the river to scoop the pot. The   fell, bringing the tournament to an end for David Bach, finishing runner-up for $245,314.

Friday, July 8, 2011 4:09 PM Local Time
Level: 30
Blinds: 50000/100000
Ante: 0
Friday, July 8, 2011 4:07 PM Local Time

David Bach called on the button and Nick Binger raised to 240,000. Bach called to see the flop roll out    .

A check from both led to the   on the turn. Two more checks brought the   on the river. Binger bet 325,000, getting Bach to fold instantly.

Friday, July 8, 2011 4:02 PM Local Time
Nick Binger3,500,000500,000
David Bach1,785,000-500,000
Playtika - Jason Alexander
Friday, July 8, 2011 4:01 PM Local Time

Nick Binger

Nick Binger called on the button and David Bach checked his option.

Both checked the     flop, landing the   turn card. Bach checked it again, leading to Binger betting 130,000. Bach folded and surrender the pot to Binger.

Friday, July 8, 2011 3:56 PM Local Time

The last three pots have gone to Binger and he is now back in the lead.

Nick Binger3,000,000405,000
David Bach2,285,000-405,000
Friday, July 8, 2011 3:49 PM Local Time
David Bach2,690,000450,000
Nick Binger2,595,000-450,000
Friday, July 8, 2011 3:47 PM Local Time

David Bach called on the button and Nick Binger checked his option.

The flop fell     and Binger check-called 150,000 from Bach. Both checked the   turn, landing the   on the river. Binger bet 300,000 and after about 30 seconds, Bach called.

Binger acknowledged he missed his draw, while Bach tabled      for a pair of queens to win the pot.

Friday, July 8, 2011 3:39 PM Local Time
Nick Binger3,045,000-630,000
David Bach2,240,000630,000
Playtika - Jason Alexander
Friday, July 8, 2011 3:38 PM Local Time

Nick Binger called on the button and David Bach checked his option.

The flop came down     and both checked. When the   hit the turn, Bach checked. Binger bet 130,000, but saw Bach put in a raise to 550,000. Binger called and when the   hit the river, both checked.

Bach tabled      for top two pair, taking down the pot.

Friday, July 8, 2011 3:34 PM Local Time
Nick Binger3,675,000125,000
David Bach1,610,000-125,000
Friday, July 8, 2011 3:32 PM Local Time

David Bach called on the button and Nick Binger raised to 240,000. Bach called and a     flop followed.

Binger bet 300,000, but was faced with a decision when Bach re-raised all in for 1,450,000 total. Binger took about two minutes before calling, showing     . Bach tabled     , meaning both were tied for the lead with ace-king and each had low draws.

The   turn and   river improved neither player's hand, chopping the pot.

Friday, July 8, 2011 3:20 PM Local Time

Nick Binger called on the button and David Bach checked his option.

The flop fell     and Bach checked. Binger bet 130,000, only to see Bach pop it to 300,000. Binger didn't seem to mind, re-raising to 730,000. Bach mulled it over for about a minute, but opted to lay it down

Nick Binger3,870,000380,000
David Bach1,415,000-380,000
Friday, July 8, 2011 3:14 PM Local Time

Nick Binger raised to 180,000 on the button and David Bach called from the big blind.

The flop came down     and Bach checked. Binger bet 225,000, getting Bach to lay it down.

Nick Binger3,410,000180,000
David Bach1,875,000-180,000
Playtika - Jason Alexander
Friday, July 8, 2011 3:07 PM Local Time
Level: 29
Blinds: 40000/80000
Ante: 0
Friday, July 8, 2011 1:52 PM Local Time

David Bach & Nick Binger

Welcome to PokerNews' coverage of Event #57, the $5,000 Pot-Limit Omaha Hi-low Split-8 or Better. Three days and 28 levels of play have not been enough as two men remain with hopes of capturing the coveted WSOP gold bracelet.

On one side of the table is David Bach. The Athens, GA native is looking to add a second WSOP bracelet to his wrist. He came close last week, finishing third in Event #49, the $2,500 2-7 Limit Triple Draw Lowball and will no doubt be looking to seal the deal this week. On the other side of the table is Nick Binger. With two third-place finishes on his WSOP résumé , Binger will look to break through and capture the first WSOP gold bracelet for the Binger family. The support for Binger last night was immense as his brother Michael, Liv Boeree, and Dan Shak were among those on the rail in support.

Binger holds the lead to start the day, sitting with 3,230,000 to Bach's 2,055,000. Play resumes today at about 4:05 p.m. PST, about one hour from now, so be sure to join us then to see who captures the gold!