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12:25pm: Ravesi stays alive
One short stack who was a little more fortunate was Paul "The Virus" Ravesi. He started the day with 13,700 in chips but it now breathing a little easier with around 30,000 after he doubled up.
Following an early-position raise to 2,700 from Erich Stadler, Ravesi moved all in for another 10,600 from the small blind. Stadler called with [ac][tc] but Ravesi held a dominant [ad][jc].
The board was spread [ks][4d][3d][2h][kh] to double up Ravesi.
12:20pm: Cohen cut
Last year's ANZPT Queenstown champion Julian Cohen entered today as one of the short stacks of the field with just 13,100. Looking for a double up, Cohen was able to steal a few blinds and antes before moving roughly 15,000 into the middle with [qd][td]. Unfortunately for him, Leigh Warne made the call with a dominant [ac][ts].
The board fell [kc][6s][kd][5c][2d] to leave Cohen to make a quick exit on Day 2.
12:10pm: We're underway on day two!
The players have found their seats, and as have we, although it did take a little longer this morning. Rather than in our usual home in the tournament area of the Crown Poker Room, we find ourselves based over near the Poker Pro machines in the overflow area. We have seven tables set up here while another six are over under the big screen. Yep we're going to be spread pretty thin for a while until they break this direction.
So why the change of scenery? The Crown Poker Room is gearing up for the EJ Whitten Foundation Charity event this afternoon which will be hosted by Tony Hachem and will include many Melbourne celebrities and sports personalities. The buy-in is $300 with $100 rebuys and first prize will include a 2012 Aussie Millions package. It should be a great afternoon, so if you're in Melbourne why not come down to Crown at check it out.
But for now, we're setup away from the circus as the Main Event is back underway!
Welcome back to Melbourne's luxurious Crown Casino Complex for the continuation of the PokerStars.net ANZPT Melbourne Main Event. We're in for another long day today as we work our way from 113 players down to the money for the final 36 and eventually towards our final table of nine.
PokerStars qualifier Ryan Hong enters as our chip leader with a host of well-known pros lurking in the wings.
Top Ten Chip Counts
Ryan Hong (Australia) (PokerStars Qualifier) - 178,800
John Apostolidis (Australia) - 140,300
Ryan Larkin (Australia) - 127,100
Jesse McKenzie (Australia) - 124,700
Stephen Eliesen (Australia) - 117,100
Jarred Graham (Australia) - 115,400
Leigh Warne (Australia) - 113,200
Peng Khoo (Australia) - 107,200
Mario Ljubicic (Australia) - 106,700
Justin Sanchez (Australia) - 100,500
Click here for the complete end of Day 1 chip counts
Click here for the Day 2 seating draw
Play will recommence at 12:10pm (GMT+10) with all the live updates brought to you exclusively on the PokerStars Blog. Don't go anywhere!
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