Picking action up on the flop in a raised pot, the board read . Phil Hoff bet 35,000 from the small blind and got called by Matt McGuire on the button.

The turn brought the and Hoff moved all in for about 130,000.

"Oh don't do that, I've got the straight," said McGuire as he happily called and showed his .

Hoff could only show for two pair, and after the fell on the river, the defending champion's day was done, with the final 29 players all in the money and onto Day 2.

Matt McGuire	630,000	445,000
Phil Hoff	0	-260,000