Nick Schulman Leads WSOP 2011 $5,000 Pot-Limit Omaha Hi-low Split-8 or Better

WSOP 2011American Nick Schulman holds a healthy chip lead after the conclusion of the second day of the $5,000 Pot-Limit Omaha Hi-low Split-8 or Better event at the World series of Poker (WSOP) in Las Vegas.

New York’s Schulman holds 772,000 chips to be way ahead of second-placed Allen Kessler (568,000), of Pennsylvania, while California’s Bryce Yockey (323,000), Vegas-based Phil ‘The Unabomber’ Laak (319,000) and David Bach (310,000), of Athens in Georgia, complete the top five in an event that attracted a field of 352 to create a prize pool of $1,654,400.

Just 25 players will return for day three of event #57 after 10 intense levels of play as they chase down the gold bracelet and $397,073 at the Pavilion Room of the Rio All-Suite Hotel & Casino.

The 26-year-old Schulman – who won the $10,000 World Championship No-Limit 2-7 Draw Lowball event in 2009 for $279,742 – jumped into the lead last night after winning a massive pot with Gary Bolden, of Vegas.

Schulman raised to 15,000 pre-flop to be called by Bolden and the big blind. Thereafter, a flop of K-8-4 followed with two clubs, with Bolden checking to Schulman, who put in 40,000. But Bolden then raised to 170,000 as the big blind folded and Schulman went all-in.

Bolden called to show A-8-4-2, while Schulman held A-K-8-2. The turn and river changed little for Schulman to win the pot with a higher two pair to send Bolden to the exit door.

Other big-name pros to survive the day include seventh-placed Nick Binger (303,000), of Vegas, Washington State’s Lee Watkinson (18th on 111,000), and David Sands (19th on 110,000), of Vegas.

But among those to crash out before making the money are the likes of Noah Boeken, Dan Heimiller, Sorel Mizzi, Max Pescatori and Mike Matusow, although Ram Vaswani (27th for $12,623), John Hennigan (30th for $10,091) and Erik Seidel (33rd for $10,091) did make the money but failed to get past day two.

Top 10 chip leaders after day two of the WSOP 2011 $5,000 Pot-Limit Omaha Hi-low Split-8 or Better event:

1. Nick Schulman (USA) – 772,000

2. Allen Kessler (USA) – 568,000

3. Bryce Yockey (USA) – 323,000

4. Phil Laak (USA) – 319,000

5. David Bach (USA) – 310,000

6. Nick Binger (USA) – 303,000

7. Trevor Reader (USA) – 292,000

8. Raymond Dehkarghani (USA) – 266,000

9. Austin Marks (USA) – 230,000

10. Brent Wheeler (USA) – 157,000