Magnus Petersson Busts Out of 2008 WSOP

Team Bodog poker player Magnus Petersson has been eliminated from the 2008 WSOP Main Event. (Bodog Beat Image)"]

Team Bodog poker player Magnus Petersson has found his WSOP run at an end here during the second level of Day 4 of the 2008 WSOP Main Event. Petersoon started the day witha healthy stack above average but found himself slipping courtesy of a few unfortunate cards and ended up having to make a decision with a marginal hand.

Once again, here's the fabulous write-up from PokerNews.com:

Magnus Petersson open-shoved for 44,000, Stephen Kenna called from the cutoff, and Edward Zane moved all in for 237,000 from the small blind. With Petersson already all in, the action was back on Kenna, who folded face-up.

Petersson

Zane

The flop was -- Zane's leading, but Kenna would have flopped a set of tens. The turn was the , the river was the and Zane raked in the pot, eliminating Petersson.

Petersson ended up finishing in 337th place out of over 6,800 players who started this event and he receives $32,166 for his efforts.

Meanwhile, Evelyn Ng had a bit of a tangle-up with Phil Hellmuth and lost a chunk of chips but still has plenty to play with at 230k and Will Soffin keeps raking in monster pots and is up to almost 1.3 million in chips and fourth overall.

Stay tuned for more WSOP live updates.