$600 Badugi (Re-Entry)
Structure  |  Payouts
Level 18:  15,000/30,000 Limits
Players Remaining:  5 of 48

Ryan Hoenig completed the small blind to 15,000, and Jacob Babins checked his option in the big blind.

Draw #1:  Hoenig took two cards, and Babins took two. Hoenig bet 15,000, and Babins called.

Draw #2:  Hoenig stood pat, and Babins took one card. Hoenig bet 30,000, and Babins called.

Draw #3:  Hoenig stood pat, and Babins took one card. Hoenig bet 30,000, Babins raised to 60,000, and Hoenig went into the tank to think.

Babins smiled and said something along the lines of, “I’m not good enough to bluff, but I might be raising incorrectly.”

Hoenig folded, and Babins showed a six-high badugi with as he took the pot.

Jacob Babins  –  400,000  (13 BB)
Ryan Hoenig  –  215,000  (7 BB)

With five players remaining from a field of 48, the average chip stack is around 288,000 (10 Big Bets). The remaining players are guaranteed at least $1,975 each.