Terrence 'Not Johnny' Chan Eliminated
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Neil Arce opened the pot with a raise to 15,000. Chan then bumped it to 44,000 and when the action got around to Karamalikis, he kicked it up to 100,000. Arce surrendered, returning the action to Chan who moved all in for just over 200,000. Karamalikis made the call holding pocket queens and Chan tabled two jacks.
For a moment it looked like Chan would catch a break after spiking a set of jacks on the flop, but Karamalikis resucked on the turn, spiking a third queen to win the pot and send Chan to the rail.
After the hand, Karamalikis stacked up 760,000 in chips to move into the overall chip lead.