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Phil Hellmuth may win his twelfth WSOP bracelet some day, but it won't be here in Event 15: $5,000 Seven Card Stud Hi-Low Split 8-or-Better.

After winning a few small pots, Hellmuth was back above 100,000 chips. After a hand with Adam Friedman however, he was left with only 18,000.

Hellmuth: {x-} {x-} / {6-Spades} {10-Hearts} {a-Diamonds} {10-Spades} / {x-}
Friedman: {x-} {x-} / {5-Diamonds} {3-Clubs} {a-Spades} {k-Diamonds} / {x-}
Phil Ivey: {x-} {x-} / {a-Hearts} {q-Spades} {k-Spades} (FOLDED)

We got to the table on fourth street, and the action checked to Friedman who bet. Both Ivey and Hellmuth called. On fifth, Ivey and Hellmuth checked again, and Friedman bet. This time, only Hellmuth called. When Hellmuth paired on sixth, he reached for chips.

"Go ahead and bet," Friedman said.

He did, and Friedman called.

"I don't think you understand the concept of hi-lo games," Friedman told him.

Hellmuth checked on seventh, and Friedman tossed out a bet before he even looked down at his seventh card.

"Nice call," Friedman jabbed again. "If you call you're the next one out."

Hellmuth begrudgingly called, and Friedman turned over {6-Diamonds} {4-Diamonds} before squeezing his last card - the {q-Diamonds} . Friedman gave a little fist pump, while Hellmuth tabled {7-Clubs} {3-Hearts} {4-Clubs} , and began incorrectly pulling his bets back.

"What are you doing?" Friedman shot at him.

Hellmuth eventually realized that Friedman had the best of both, and mucked his hand. Friedman continued jabbing Hellmuth after the hand, until Jack Effel stepped in and stopped it.

A few hands later, Hellmuth was all in on third with a pair of nines, and Friedman had {a-Spades} {10-Spades} {2-Spades} . Friedman picked up a pair of aces on fourth and then two pair on fifth, and Hellmuth never caught up.