End of Day 2 chip counts and payout information:

That was fast. The final six are already set and off for a night of relaxation, rest, and...Never mind. With John Phan among the leaders, they're probably all off to party. Gioi Luong and John Phan are tied for the chip lead with 290,000 chips. Robert Mizrachi and Sun Uchida are close behind, and Ben Ponzio and David Sklansky have a ways to go to catch up. So how did they reach the final table so fast? Here are the dirty details:

Ben Ponzio took out Mike Wattel in 9th place ($12,317). Ponzio showed 7-6-4-3-2, and Wattel tossed his cards into the muck and hit the road.

Steve Sung was next, leaving with 8th place and $15,054. After a raising war with Shun Uchida, Sung moved all in for 21k, and Uchida called. Sung drew two cards on the first draw, showing the two Aces he was discarding. Uchida also took two. Sung was satisfied with his hand after the first draw, while Uchida took one card on the second. Both stood pat on the third, and Uchida showed 7-6-4-3-2. Sung didn't have the nuts and headed out, leaving the remaining seven players to redraw to one table.

Billy Baxter sat down at the seven-handed table with only 25,000 in chips, and it didn't take long for him to lose them. Still, for someone who began Day 2 as the shortest stack of the remaining 30 players, 7th place and $15,054 isn't bad. Baxter raised pre-draw, and SB David Sklansky and BB Gioi Luong called. Each took two cards, and Sklansky and Luong checked to Baxter. Billy bet, prompting a fold from Sklansky. Luong called and drew two while Baxter drew one. Luong checked again, and Baxter bet with all but his last 1,000. At Billy's request, Gioi raised him all in. Both drew one card on the third draw, and 7-6-5-2 and a Queen. Baxter's 8-5-4-2 had a shot until he saw that he'd also drawn a Queen.

Baxter's bust set the final table and ended Day 2. The final table begins at 2:00 pm PDT on Tuesday.

Greg Raymer made his exit in 11th place, cashing for $9,580. He was crippled by big losses to Richard Chase and Mike Wattel, and Raymer risked what was left before the first draw. Richard Chase called his all in, and both drew two cards. That was it for Chase, making the Fossilman nervous as he drew two more on the second draw and again on the third. Chase flipped over 8-5-4-3-2 before Raymer looked at his last two cards. He showed 6-5-2, telling the table he just needed a 7. Maybe he should have been more specific. He got what he asked for, turning over a 7. But the second card was a duck, giving him a pair and an 11th place finish.

Raymer's nemis, Richard Chase, followed him out. Chase finished 10th for $12,317. All in from the button, he found a caller in BB Gioi Luong. Chase drew one card and stood pat, and Luong took two and did the same. Chase saw Luong's 8-7-6-4-3 and mucked, heading toward the payout desk. Luong is the new chip leader with 240,000.

The energy at the remaining two tables is high as each bust out brings them closer to the final table. James Copeland busted in 13th place, taking home $6,843. His 8-6-5-3-2 wasn't quite good enough against Ben Ponzio's 7-6-4-3-2. After Copeland's departure, the field redrew to two tables.

Dario Alioto was the first to leave his new table, finishing in 12th for a pay bump of $9,580. John Phan took most of Alioto's stack when he made an 8-7 to defeat Alioto's Ten. Left with only 4,500, Dario moved all in a few hands later and couldn't have been happy when Phan called. Alioto drew three, three, and two, looking more and more discouraged each time. The Razor took two, then one, and then stood pat with his 9-8-5-3-2. Alioto showed 9-3-2 and then a King and 2 on his way out the door.

Raymer takes a big one.

Greg Raymer put in a raise on the button and would call a reraise to 8K from Ralph Perry to draw one. Perry would stand pat and lead out. Raymer would call to draw one more. Perry would bet again, this time Raymer would call and both would pass on the draw. This drove Perry to check-call a bet from Fossilman. Raymer showed 8-6-5-3-2 to take down a 36K pot.

Day 2 Chip Counts and Seating Assignents