Once again, here's the fabulous write-up from PokerNews.com:

Magnus Petersson open-shoved for 44,000, Stephen Kenna called from the cutoff, and Edward Zane moved all in for 237,000 from the small blind. With Petersson already all in, the action was back on Kenna, who folded face-up.

Petersson

Zane

The flop was — Zane's leading, but Kenna would have flopped a set of tens. The turn was the , the river was the and Zane raked in the pot, eliminating Petersson.

Petersson ended up finishing in 337th place out of over 6,800 players who started this event and he receives $32,166 for his efforts.

Meanwhile, Evelyn Ng had a bit of a tangle-up with Phil Hellmuth and lost a chunk of chips but still has plenty to play with at 230k and Will Soffin keeps raking in monster pots and is up to almost 1.3 million in chips and fourth overall.

Stay tuned for more WSOP live updates.

Petersson got his money all-in pre-flop with pocket tens while his opponent shoved with Big Slick. The board ran 10-J-5-5-Q. Magnus' initial reaction was anger as he only saw the straight his opponent made not realizing he had made full house on the turn.

The 150,000 pot pushed his stack up to a comfortable 240,00.

On the opposite side of the WSOP tournament floor Bodog poker pro Evelyn Ng also took down a monster pot of 115,000 building her stack up to 260,000.

Jean-Robert Bellande has taken a few hits and is currently at around 150,000.

There are currently 792 players left in the WSOP field leaving only 126 eliminations before the bubble bursts.

The money bubble burst with 36 players remaining out of the original 381, a pretty large field for a $10k buy-in Omaha event, and the eliminations started in flurries with people pushing and either doubling-up or busting out. At the end of this string of eliminations, Williams and Petersson both found themselves with their chips in the middle trying to put themselves into sposition to make a run at the final table, however they would end up busting just two spots away from each other, Wiiliams in 26th place and Petersson in 24th.

For their finishes, Williams and Petersson earn $28,651 each. This total gives Williams an impressive $177,265 in cashes so far for the 2008 WSOP and this is the first WSOP cash for Petersson, who has only played in a couple of events.

We're sure this is not the last we have heard of either of them at the 2008 World Series of Poker, there's still two more events yet to begin. So, stay tuned to the Beat for your live WSOP updates and see how Team Bodog fares as we approach the mother of all poker tournaments, the WSOP Main Event.

Team Bodog poker player Magnus Petersson started Day 2 of the EPT Polish Open in the top 15. (Image Courtesy of PokerListings.com)

The 130 players that managed to survive the two flights of Day 1 at the EPT Polish Open congregated back at the Hyatt Regency in Warsaw and Team Bodog's Magnus Petersson. Last year's EPT Copenhagen winner started the day 15th in chips and is looking to notch his third EPT cash.

Speaking of, the prize pool and payouts for this event have been announced. The total amount collected for dispersal is just over $3.1 million. The top 32 players will be receiving a little something for their trouble. First place gets $946,269 then all the other places gradually get less and less all the way down to $12,628 for 32nd.

European Poker Tour final tables consist of eight players, just to be different (WPT is six, WSOP nine), and that will be the goal by the end of play today. That, or eight blind levels, whichever comes first. Current chip leader is Jean-Claude Perrot and Petersson is moving slowly up the leaderboard and is currently sitting in about 12th.

Come back here for more updates from the EPT Polish Open.

There are still plenty of opportunities to qualify online for an EPT event in the Bodog Poker room, so head over and check to see when your next chance is to win a $12,000 Bodog "Player's Choice" prize package.

Team Bodog poker player Magnus Petersson is out to defend his EPT Copenhagen title. (Image courtesy of pokerstarsblog.com)

A come-from-behind win at the 2007 EPT Copenhagen against noted online poker pro Bertrand "ElkY" Grospellier thrust Team Bodog's Magnus Petersson into the limelight and he's looking to get himself back there a year after his epic victory.

Ironically enough, Petersson sat down for Day 1 of this year's event at the same table as Grospellier, nothing like a little pressure to start the day off right. In 2007, at his first ever EPT event, the Swedish financial advisor won roughly $800,000. This year, he is looking to defend his title and take home what will most likely be just over $1 million.

The payouts have yet to be announced, but based on a complex formula in which we throw out numbers that look impressive to us, this will most likely probably be something close to what it will end up being. Precision, that's the name of the game.

Even more pros have hit the rail since our earlier post, including Grospellier himself, Dag Martin Mikkelsen and Dario Minieri. For the love for all that is holy, couldn't some of these so-called "pros" learn to survive past Day 1 of a major tournament. What was that? We couldn't do any better? Buy us in and let's find out, just send a $10,000 check to "Attn: I Don't Understand Snark, 1 Bodog Beat Ave, STFU."

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