Derek Ip Eliminated in 14th Place (A$70,980)
Level 16
: 5,000/10,000, 10,000 ante
Derek Ip was caught bluffing when he only had a bottom pair of deuces and Masato Yokosawa looked him up with 
for third pair.
That reduced the stack of Ip significantly and he dropped below 10 big blinds.
He was then in the big blind and faced a button raise to 23,000 by Tom Rafferty. Farid Jattin moved all in from the small blind and Ip called all-in for 81,000 from the big blind, Rafferty folded.
Derek Ip: 
Farid Jattin: 
The 
flop paired Jattin and Ip was in need of running cards to double. It was all over after the 
turn and the 
river mattered no more. Ip has been eliminated in 14th place and takes home A$70,980 for his efforts.
| Player | Chips | Progress |
|---|---|---|
|
1,180,000
145,000
|
145,000 |
|
1,020,000
210,000
|
210,000 |
|
||
|
450,000
-40,000
|
-40,000 |
|
450,000
20,000
|
20,000 |
|
Busted | |