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World Series Of Poker -- Vladimir Schmelev Leads $10k Stud and Grinder 3rd Heading into Final Day

Schmelev Enters Final Day With Just Under 1 Million In Chips

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Vladimir Schmelev LeadsVladimir Schmelev entered the 2010 World Series Of Poker as a relative unknown, but the Russian banker is on the verge of making two final tables in his first two tries. He finished second in event No. 2 ($50,000 Players Championship) and enters the final day of event No. 10 ($10,000 Seven-Card Stud Championship) with the chip lead and almost 1 million in chips.

Day 1 chip leader Michael Mizrachi finished the day in third chip-position with 544,000. Sirous Jamshidi finds himself sandwiched in between the final two from the Players Championship final, with 638,000 in chips.

Schmelev steamrolled the competition on day two after entering the day in second chip-position. He knocked out his share of players on day two, adding to the tally of the 76 players that fell during the day.

Freddie EllisDefending champion Freddie Ellis found himself among the casualties on day two just a few spots shy of the money. Ellis held pocket jacks in the hole, JSpade Suit JDiamond Suit and he was up against Brandon Adams’ 9Diamond Suit 9Club Suit in the hole. Ellis caught the 10Club Suit on fourth street to pair his exposed card, the 10Spade Suit. However, Adams also hit pay dirt on fourth street with the 9Heart Suit for three nines. Ellis could not improve and the defending champ’s quest for a repeat came to an end.

The most memorable event on day 2 was the bursting of the money bubble. Alexander Kostritsyn was eliminated in 18th place and hand-for-hand play took over for almost two hours. Dario Alioto was the short stack and managed to nurse it for a long time until he confronted Men “The Master” Nguyen. Here is how the hand was reported on CardPlayer.com’s live updates:

Dario AliotoAlioto was responsible for the bring-in of 2,000 and Men Nguyen called. Alioto was showing a 2Club Suit while Nguyen showed 7Heart Suit.

Nguyen received a 3Spade Suit on fourth street while Alioto received the KHeart Suit.

“You’ve got two options,” Nguyen said. “You check, I bet; or you bet, I raise.”

Alioto decided to bet and Nguyen was true to his word, raising enough to put Alioto all in.

Nguyen turned over (ASpade Suit 7Club Suit) for split sevens while Alioto had nothing. Nguyen held the lead until the river when Alioto flipped over the KDiamond Suit to pair his king. Nguyen then sweated his river card and finally turned over the 3Heart Suit to make two pair and finally burst the money bubble.

Once the bubble burst, the field saw four players hit the rail during the final level of play. Edouard Mignot (16th), Yuval Bronshtein (15th), Pat Pezzin (14th) and Shane Douglas (13th) all cashed out on the last level of play.

The remaining players will return Saturday at 3 p.m. to play down to a winner. The last player standing will win $394,800 and the bracelet.

Stay tuned to CardPlayer.com for in-depth coverage of the final day for the $10,000 seven-card stud world championship.