Event 16: Steve Cardarelli – 8th Place ($1,625)

$400 Seniors 50+ (Re-Entry)
Structure | Payouts
Level 21:  10,000/15,000 with a 15,000 ante
Players Remaining:  7 of 159

Steve Cardarelli
Steve Cardarelli

Steve Cardarelli got it all in preflop for 95,000 with 8h8c, and needed his hand to hold to stay alive against the 2s2c of Peter Muehlbek.

Cardarelli stayed in the lead after the flop of AhJs9c, but the 2d on the turn gave Peter Muehlbek a set of deuces to win the pot. Cardarelli was eliminated in eighth place.

Peter Muehlbek  –  550,000  (37 bb)
Steve Cardarelli  –  Eliminated in 8th Place  ($1,625)

With seven players remaining from a field of 159, the average chip stack is around 455,000 (30 big blinds). The remaining players are guaranteed at least $1,850 each.