Despite getting an early triple up to get back to a six-figure stack, Phil Ivey's 2016 Aussie Millions LK Boutique $250,000 Challenge has come to an end.
Ivey check-raised all in on the flop with the against Ben Tollerene, who made the call with the . The turn was the , which helped Ivey pick up a couple more outs with a straight draw, but the river missed him completely with the and Tollerene won the hand.
With that, Ivey's run at back-to-back-to-back titles in this event has come to an end.
We wrote that same headline on Day 1 early on in Level 2. Holz opted to reenter, and his second bullet seemed to go well as he bagged a big stack. Surprisingly, Holz became the first player to bust today.
It happened when Phil Ivey raised to 13,000 from the hijack and Holz called from the button. David Peters came along from the big blind and three players saw a flop of . Two checks saw Holz bet 16,000, Peters called, and Ivey got out of the way.
After the dealer burned and turned the , Peters checked and Holz bet again, this time 28,000. Peters woke up with a check-raise to 80,000 and Holz thought long and hard before making the call.
Peters then shoved all in for 240,000 on the river and Holz, who barely had him covered, hit the tank for more than two minutes before making the call. Peters rolled over the for the flopped straight, which bested the of Holz, who was left with just 17,000 after the hand.
In the very next hand, Holz moved all in from the cutoff and Sam Greenwood called from the big blind.
Greenwood:
Holz:
The board ran out to give Greenwood two pair, and just like that Holz was the first to hit the rail.
The final day of the 2016 Aussie Millions Poker Championship is upon us, and with that comes the final day of the LK Boutique $250,000 Challenge. After 15 entries were generated on Sunday's Day 1, 2015 Global Poker Index Player of the Year Byron Kaverman finished atop the advancing 12 players.
Kaverman bagged up 705,000 in chips. Most of Kaverman's chips came in a clash with Erik Seidel when the two got all the money in on the flop. Kaverman had the for top pair and a flush draw, and Seidel had an overpair with the . Because Seidel had the queen of diamonds in his hand, he was still a favorite, but it wasn't by much. According to the PokerNews Odds Calculator, Seidel was 54% to win the hand versus Kaverman's 45% chance. The on the turn kept Seidel in front, but the on the river delivered Kaverman a flush.
Fedor Holz finished in second place, but he's in the event for two bullets thanks to an early elimination at the hands of Paul Newey. Holz went on to bag 440,500 in chips, and along the way he busted Jason Mercier with pocket nines. Mercier had the and couldn't find what he needed to stay alive.
Newey finish in third place on the leaderboard with 395,500 in chips.
Bringing up the rear was a player with no shortage of success in the LK Boutique $250,000 Challenge, Phil Ivey. Ivey wasn't exactly burning down the house on Day 1 this year, but he did advance to Day 2. He did get crippled on the last hand of the night by Steve O'Dwyer and will now only take 52,500 in chips into the final day of play. In the five previous times the LK Boutique $250,000 Challenge has been held, Ivey won three, and could make it three wins in a row if he claims victory this year. His other victory was in 2012.
With late registration and reentries open until the start of Day 2, the field size could increase a tick or two more. Right now, the prize pool stand at AU$3.675 million.
Day 2 of the LK Boutique $250,000 Challenge will commence at 2:30 p.m. local time on Monday — a day that also happens to be Ivey's 39th birthday. Stay tuned right here to PokerNews.com for continued coverage and check out our video interview with Ivey while you wait.
![[user68268]](/img/avatars/avatar.svg){kind=avatar}
flop with the 
against Ben Tollerene, who made the call with the 
. The turn was the 
, which helped Ivey pick up a couple more outs with a straight draw, but the river missed him completely with the 
and Tollerene won the hand.
. Two checks saw Holz bet 16,000, Peters called, and Ivey got out of the way.
, Peters checked and Holz bet again, this time 28,000. Peters woke up with a check-raise to 80,000 and Holz thought long and hard before making the call.
river and Holz, who barely had him covered, hit the tank for more than two minutes before making the call. Peters rolled over the 
of Holz, who was left with just 17,000 after the hand.
to give Greenwood two pair, and just like that Holz was the first to hit the rail.
on the river delivered Kaverman a flush.
and couldn't find what he needed to stay alive.