David Chiu Eliminated in 2nd Place ($160,902)
Pot-Limit Hold'em
Jose-Luis Velador had the button and made a raise before David Chiu reraised from the big blind 124,000 more. The initial raise amount was unknown. Velador made the call and off to a flop they went.
The flop came down 
and Chiu fired 372,000 into the middle. That was more than half of his stack and when Velador reraised the pot to put Chiu all in, Chiu made the call. Velador held the 
for top pair and Chiu held the 
for two live overcards.
The turn was the 
and was close, but not what Chiu needed. He still needed an ace or a ten on the river, but couldn't find it when the 
fell on the river.
Velador had Chiu well covered and that was it. Chiu and Velador shook hands before Chiu took the gold bracelet out of its holding case and put it around Velador's wrist for a very nice gesture. Chiu walked away with over $160,000 for his finish.