Event 1: Pedro Palacio Out in 9th Place ($12,692)

$350 Deep Stack No Limit Hold’em (Re-Entry)
Level 33:  100,000/200,000/25,000 Ante

Pedro Palacio
9th-Place Finisher Pedro Palacio

Pedro Palacio moved all in from middle position for 1,235, Jack Rolnitzky moved all in over the top from the hijack for about 4.7 million, and everyone else folded.

Palacio turned over Ad8h, and he needed to improve to stay alive against the AsAh of Rolnitzky.

The board came Js10d6d9s9d — Palacio turned an open-ended straight draw, but improved no further. Rolnitzky won the pot with his pocket aces to eliminate Palacio in 9th place.

Jack Rolnitzky  –  6,500,000  (33 bb)
Pedro Palacio  –  Eliminated in 9th Place  ($12,692)

With eight players remaining, the average chip stack is about 7.55 million (38 big blinds).