Phil Ivey opened to 2,400 from under the gun, and Alejandro Chongwong flatted from the button, only to see Ryan Schoonbaert three-bet to 10,600 out of the small blind.
Next to act, Christophe Gross four-bet jammed for his last 30,000 or so, leaving Phil Ivey to tank long and hard in the next seat over. With the next player eliminated falling just short of the cash, Ivey took his time to assess the situation, but he finally folded his hand in frustration, pushing the cards down into the felt as he slid them to the dealer.
Chongwong decided to lay down as well, and Schoonbaert made a quick call with his , only to find his pocket pair to be second best against Gross' .
The final board ran out and Gross doubled through with his ladies, leaving Ivey to lament the fact that he had tossed into the muck.
"I had ace-king..." he told Chongwong from across the table. "What you have, ace-queen?"
"I had jacks," replied Chongwong, confirming that a massive preflop cooler — and the bursting of the money bubble — had been avoided thanks to two disciplined folds.