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World Series Of Poker -- Dwan Leads After Day Two

Takes Big Chip Lead Into Final Day Of Event No. 55

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Tom DwanTom Dwan will have another chance to put a major dent in the bankrolls of some of poker’s elite.

Dwan will take close to 1 million in chips into the final day of event No. 55 ($10,000 Pot-Limit Omaha Championship). That is good for the overall chip lead by a wide margin. He started day two 21st in chips and tread water during the early portion of the day.

He then started a steady climb toward the top of the leader board that culminated with a hand against Alessio Isaia during the seventh level of play. Here is how it was reported on CardPlayer.com’s live updates:

Dwan Takes The Chip Lead

Picking up the action after the river, the board read 10Spade Suit 4Diamond Suit 2Spade Suit ASpade Suit 9Diamond Suit. There was 100,000 already in the pot and Tom Dwan bet 87,000.

Alessio Isaia made the call and Dwan showed KDiamond Suit KSpade Suit 7Spade Suit 6Spade Suit for the nut flush and Isaia mucked. Dwan took the pot and he was up to 420,000. He was the new tournament chip leader after that hand.

Dwan proceeded to steamroll his opponents for the rest of the night, seemingly winning every pot he played and knocking out players without mercy.

The top prize for this event is $780,599 which is the largest of any of the $10,000 buy-in tournaments so far. But it’s no secret that Dwan stands to win much more thanks to the many rumored bracelet bets he has going with players like Daniel Negreanu and Phil Ivey among others.

It will be Dwan’s second opportunity at a bracelet in the 2010 World Series Of Poker. He finished second in event No. 11 ($1,500 no-limit hold’em).

Phil HellmuthIt will not be easy for Dwan to capture his first career WSOP bracelet. There will be 33 players returning on the final day and there is still plenty of talent between him and a bracelet. Phil Hellmuth skipped half of day one and finds himself in the top 15 on the final day. He will be looking to take home his 12th bracelet and first non-hold’em bracelet. Other notables in the field include Jason Mercier, Michael Binger, Daniel Alaei, John Racener, Jason Lester and David Ulliott.

The money bubble burst on the last level of the night so the remaining players are guaranteed at least $19,839. They will return Saturday at 3 p.m. with the blinds at 4,000-8,000 and the average stack holding 314,545.

Stay tuned to CardPlayer.com as we bring you all of the live updates from what is sure to be an exciting final day.