Bracelet winner Derek Raymond was just eliminated in seventh place.
To start this hand, Raymond limped in from early position, Scott Clements limped in from the hijack seat, Jeff Madsen called from the cutoff seat, Tom Schneider completed the bet from the small blind, and Tyler Patterson checked his option in the big blind.
From there, the flop came down , and Schneider led with a pot-sized bet of 100,000. Patterson folded, Raymond called, Clements folded, and then Madsen raised the pot to 500,000. Schneider called all in for 357,000, and Raymond reraised all in for a little under 600,000. Madsen called the extra bit from Raymond's shove, and the card were tabled.
Both Madsen and Schneider had flopped the nut straight with jack-eight in their hands. Raymond, on the other hand, had flopped a pair of nines along with the nut flush draw and the backdoor nut low draw.
The turn was the , pairing the board and keeping both Madsen and Schneider in front. After the river delivered the , Raymond was left wanting and his quest for his second World Series of Poker gold bracelet came to an end.
Madsen, the three-time WSOP bracelet winner, and Schneider, the four-time WSOP bracelet winner, chopped up the main pot with jack-high straights, and then Madsen took the remainder of Raymond's stack and added it to his.