Event 1: David Diaz Leads the Final 35

The final 35 players return from the last break of the day to begin Level 29, with increased blinds of 35,000-70,000 and a 10,000 ante.

The average chip stack is a little more than 1.9 million, which is worth about 27 big blinds.

Here’s a look at some of the updated chip counts:

David Diaz  –  5,230,000  (74 bb)
Daniel Navarrete  –  4,030,000  (57 bb)
Derek Buonano  –  4,000,000  (57 bb)
Mike Chiappetta  –  3,850,000  (55 bb)
Steven McKoy  –  3,700,000  (52 bb)
Kevin Ho  –  3,600,000  (51 bb)
Chad Eveslage  –  3,425,000  (48 bb)
Oscar Ortiz  –  2,350,000  (33 bb)
Brian Phillis  –  1,500,000  (21 bb)
Marlon Ballentine  –  1,200,000  (17 bb)
John Liu  –  1,200,000  (17 bb)
Mike Beasley  –  1,100,000  (15 bb)
Michael Tait  –  1,000,000  (14 bb)

Daniel Navarrete moved into second on the leaderboard after eliminating Pedro Rios. They had gotten it all in preflop with Navarrete’s pocket aces dominating the pocket nines of Rios. The board brought quad fours (Q-4-4-4-4), and Navarette won the pot with one of his aces as the kicker.

Action will continue tonight until the field reaches the final table (very unlikely) or the end of Level 31 (about 2:35 am EDT).