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After Chan limped his button, Hellmuth raised to 27,000 and Chan called.
The two saw a flop of 
and Hellmuth fired out 40,000. After some thought, Chan let go of his hand and Hellmuth raked in the pot. Let's see if he can use this as a swing of momentum. So far, it appears, he has not had much to work with.
Hellmuth limped his button and Chan decided to make it 38,000 to go. Hellmuth called and the flop came 
. Chan bet 100,000 and Hellmuth flatted. The turn was the 
and after Chan fired 200,000, Hellmuth threw his 
face up. Hellmuth is all the way down to 530,000 and Chan has a near 3 to 1 chip lead.
Made for television, this rematch is already going to the next level. Blinds will now be 6,000-12,000 with 1,000 ante.
Chan opened the action from the button with a raise to 20,000 and this time Hellmuth opted for a three-bet to 60,000. Chan called and the two saw a flop of 
and after some thought Hellmuth decided to check. Chan checked as well and the turn was the 
. This time Hellmuth fired 90,000 and Chan called. The river was the 
and both players checked.
When the tournament director announced the checks and asked the hands to be turned up both players waited for the other. Finally Chan turned over 
for a pair of fours and Hellmuth sheepishly mucked.
Chan min-raised the button and Hellmuth called from the big blind.
The flop came 
and Hellmuth check-called Chan's 30,000 chip bet.
The turn was the 
and Hellmuth checked again. This time Chan fired out a pot sized bet of 110,000 forcing Hellmuth to fold 
face up.
So far both players have been playing on the passive side. Each player has won a couple of pots no larger than 100,000. They have limped the button more often then they have raised it and Chan currently holds a slight edge with 950,000 chips.
After introductions, Phil Hellmuth Jr. and Johnny Chan took their seats. The two players will each start with 890,000 in chips with the blinds at 5,000-10,000 and a 1,000 chip ante.
The crowd here is definitely buzzing and cheering with each announcement and action by either player.
Back in April, PokerNews reported that this year's World Series of Poker was instituting inaugural Main Event “Grudge Matches” that will feature three of poker’s most famous heads-up battles. Today, those matches will be decided as some titans of poker take to the felt to do battle in a historic rematch.
One of today’s matches will be a rematch of the 1989 Main Event when Phil Hellmuth put a halt to Johnny Chan’s attempt at a three-peat. The grudge match will be a single match with even stacks, winner takes all the glory.
The second match is will see a poker-boom grudge match decided as Sammy Farha attempts to exact revenge on 2003 World Champion Chris Moneymaker -- a feat that could have altered poker history had he done so in the original match. “Winning the WSOP Main Event was a life-altering moment,” Moneymaker said of the grudge match. “Even though I’m agreeing to run it again against Sammy, I have been assured they can’t take away my title if my bluffs don’t work as well this time.”
The Moneymaker vs. Farha matchup will feature a best two-out-of-three format with the first match using the same starting stacks the players had when they entered heads-up play back in 2003 (Moneymaker: 5,490,000; Farha: 2,900,000). The second match will reverse the stacks, and the third match, if required, will start players with even stacks.
The third and final match was determined by you, the poker fans, on a poll previously located on the WSOP’s Facebook page. Four matches were available to choose from including: Jamie Gold vs. Paul Wasicka; Greg Raymer vs. David Williams; Jonathan Duhamel vs. John Racener; and Erik Seidel vs. Johnny Chan. Given Seidel’s 2011 heater, it was no surprise the latter match earned the most votes.
In that original match, that was immortalized in the poker film Rounders, the reigning World Champ flopped a straight with 
on a flop of 
. He coyly slow played, giving then-newcomer Seidel the opportunity to hang himself with his . That is exactly what Seidel did as he bet the 
turn and then moved all in on the 
river. Chan made the easy call -- and the rest is history. However, that may all change today!
The WSOP Grudge Matches are set to begin shortly here on the main stage in the Amazon Room at the Rio. Be sure to stay tuned to PokerNews for all the hands, actions, and eliminations!
WSOP Rematches
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