The 314 players who returned to the Crown Casino for Day 2 of the 2012 Aussie Millions with dreams of becoming the next Aussie Millions Main Event Champion saw their numbers slashed to just 74 players by the end of the day. With just 72 players slated to make the money in the tournament, the first few hands on Day 3 should very interesting!

One player who seems virtually assured of making the money, and an incredible deep run, is Phil Ivey, who came into the day with the 6th largest chip-stack and will be going into Day 3 of the Aussie Millions Main Event with the 2nd largest chip-stack.

While most of the biggest names who took part in the tournament have been eliminated, in addition to Ivey, a number of other top-flight poker players made Day 3 of the tournament including former Aussie Millions Champion Lee Nelson, David Steicke, Jason Koon, Michael Tureniec, Kenna James, Isaac Baron, Billy “The Croc” Argyros, Grant Levy, and Jamie Rosen.

Leading the way into Day 3 will be Tim O’Shea, who is fast approaching the 1 million chip mark, and leads Ivey by roughly 150,000 chips. Here is a look at the Top 10 chip-counts heading into Day 3 of the 2012 Aussie Millions Main Event:

1. Tim O’Shea — 921,000

2. Phil Ivey — 778,500

3. Aage Ravn — 708,500

4. Jason Koon — 667,500

5. Oliver Speidel — 540,000

6. Patrick Healy — 521,000

7. Ron Angood — 500,000

8. Yann Dion — 495,000

9. Mohammed Kowloon — 477,000

10. Rob Angood — 470,500

With the official tally changed from 650 to 659 entrants (due to some late registrations) the Aussie Millions was a bit late in sending out the payout structure of the tournament, but on Day 2 word finally came down on what the total prize-pool and payouts would be for the 2012 Aussie Millions Main Event. Here is a look at what the remaining players will be battling for on Day 3 of the Aussie Millions:

* 1st place: $1,600,000

* 2nd place: 1,000,000

* 3rd place: $610,000

* 4th place: $405,000

* 5th place: $300,000

* 6th place: $230,000

* 7th place: $170,000

* 8th place: $125,000

* 9th place: $125,000

* 10th place – 12th place: $100,000

* 13th place – 15th place: $75,000

* 16th place – 18th place: $60,000

* 19th place – 24th place: $40,000

* 25th place – 30th place: $35,000

* 31st place – 36th place: $30,000

* 37th place – 40th place: $25,000

* 41st place – 56th place: $20,000

* 57th place – 72nd place: $15,000

Day 3 of the Aussie Millions will kick-off on Thursday at 12:30 PM Local Time, when we will learn who the two unlucky players will be who played three days of the tournament for ZERO compensation!

Tags: Argyros, Aussie Millions, Chip Stack, Croc, Crown Casino, James Isaac, Jamie Rosen, Kenna James, Koon, Leading The Way, Lee Nelson, Main Event 1, O Shea, Patrick Healy, Payout Structure, Phil Ivey, poker players, Prize Pool, Ravn, Speidel

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