Mikhail Smirnov was the preflop three-bettor in the small blind, and he and three others went to the flop after committing 10,500 chips apiece. The dealer gave them , and Gus Hansen led out with 14,000 from his under-the-gun seat. Jason Mercier folded in position, Smirnov check-called, and Masa Kagawa check-raised all in for 28,500 total. Hansen raised it back up to 44,000 total, and Smirnov tanked and called again.
The turn brought the and another bet from Hansen — 45,500 this time. It was a full 30 seconds before Smirnov folded, and Kagawa and Hansen showed up their hands. "I hope you don't have much," Hansen said as he tabled for one pair. He was ahead, but Kagawa's had plenty of outs to try and chase down.
The river was a blank , though, and that's the end of the road for Kagawa. With his chips, Hansen moves his way up into the chip lead with 278,000 — there or thereabouts.