Peter Eastgate limped on the button and Ivan Demidov checked preflop. The flop was dealt K 3 2 and Demidov checked. Eastgate bet 1.25 million and Demidov made the call. The turn card fell 4 and Demidov checked. Eastgate bet 2 million and Demidov check-raised to 6 million. Eastgate made the call and the 7 fell on the river. Demidov moved all in for his final 7.95 million and Easgate called him down. Demidov turnd up 4 2 for two pair, but Eastgate turned A 5 for a wheel and he won the tournament.

Demidov was eliminated in second place and he will take home $5,809,595 in prize money. Eastgate has become the 2008 world champion of poker and he is $9,152,416 richer. He has also become the youngest WSOP main event champion in history at 22 years old, breaking the record set by Phil Hellmuth in 1989.

A recap of the heads-up match will be posted in about an hour.

Blinds/Antes: 500,000-1,000,000 with a 150,000 ante

Players Left: 2 of 6,844

Chip Leaders:

Peter Eastgate: 97,400,000
Ivan Demidov: 39,500,000

Average: 68,000,000

Big Hands:

Peter Eastgate Now Holds 100 Million

Ivan Demidov raised preflop to 2.75 million and Peter Eastgate made the call from the button. The flop was dealt 9 7 6 and Demidov bet 3.625 million. Eastgate made the call and the J fell on the turn. Both players checked and the Q fell on the river. Demidov bet 7 million and Eastgate made the call. They turned up their hands and Demidov held A 10 against the J 8 of Eastgate. Eastgate held 100,300,000 after the hand. Demidov was knocked down to 36,600,000.

Longest WSOP Final Table Ever

During the last hour the 2008 main event final table surpassed the 2005 main event final table that was won by Joe Hachem as the longest ever. That table lasted 14 hours and 10 minutes. This one will last much longer.

Biggest WSOP Blind Ever

It was announced that level 39 saw the largest big blind in the history of the WSOP. It was the first time the big blind has ever reached seven figures.
 

Blinds/Antes: 400,000-800,000 with a 100,000 ante

Players Left: 2 of 6,844

Chip Leaders:

Peter Eastgate: 81,025,000
Ivan Demidov: 55,975,000

Average: 68,000,000

Big Hands:

Ivan Demidov Comes Out Swinging

Ivan Demidov came out of the gates strong in his heads-up match with Peter Eastgate, scoring the first three blows and the majority of them during the first hour to pull even and then take chip lead with 73,645,000. He did so by accumulating most of the small pots that transpired while these two players warmed up and felt each other out at the beginning of their heads-up match.

Blinds Up

The blinds are now 400,000-800,000 with a 100,000 ante. The average stack is 68 million, so each players has about 85 big blinds to work with. It would take a major cooler at this point in play for things to come to an all-in showdown.

Peter Eastgate Fights Back

Peter Eastgate bet 2 million preflop and Ivan Demidov made the call. The flop was dealt 8 8 5 and both players checked. The A was dealt on the turn and Eastgate bet 2.25 million. Demidov called and then both players checked the 4 on the river. They turned up their hands and Eastgate took down the pot with queen-high over Demidov’s jack-high. The pot put Eastgate back into the chip lead.

Eastgate Increases his Lead

Demidov raised to 1.75 million on the button preflop and Eastgate made the call. The flop was dealt 9 8 4 and both players checked. The 3 fell on the turn and Eastgate bet 2.75 million. Demidov made the call and the river brought the J. Eastgate led out for 3.5 million and Demidov mucked and he was knocked down to 55,975,000 after the hand. Eastgate was up to 81,025,000.

Here are the chip counts:

Peter Eastgate: 79,500,000
Ivan Demidov: 57,725,000

There are 8 minutes and 48 seconds left in level 37 with blinds at 300,000-600,000 with a 75,000 ante and after that blinds jump up to 400,000-800,000 with a 100,000 ante for level 38.