7:35 p.m. ET: Chris Moneymaker was one of the first major casualties of Day 1B. The 2003 world champ was eliminated when his 10-10 ran into his opponent's pocket aces. However, that's not the entire story. Just moments before, Moneymaker lost another key pot to the same opponent and was visibly frustrated. Seemingly steaming, his tournament quickly ended after the dealer failed to put up a 10. Walking out of the Amazon Room, Moneymaker commented that he played poorly, but he also might have been tilted by his attire. Apparently, Moneymaker lost a prop bet which resulted in him wearing a Florida Gators jersey to the felt. As his chip stack dwindled, the jersey came off, but it wasn't enough to keep Moneymaker around for Day 2.

Players have now gone on their 90-minute dinner break. Yes, once again, it's 4:30 p.m. PT. I don't get it. What I also don't understand is a recent rumor around Media Row that there will be five levels played on Day 1C and Day 1D. Due to the massive field sizes on the final two starting days, maybe the tournament staff realized that they might not have enough room at the Rio to house all the Day 1 survivors. If there are five levels played on Day 1C and 1D, the remaining players will return for Day 2CD and, I'm assuming, only play four levels to even out with the fields from Day 2AB (who will begin play on Level 5).

While it's a smart decision, I think it was made too late. You're going to end up with a situation where some players are going to be more tired than others due to the extended Day 1 grind. It's a mistake, in my opinion, to give any reason for players to believe that the action isn't conducted evenly across all days. Yes, both sets of players will have played the same amount of time, but a grueling five-level first day will take more out of the Day 1C and Day 1D fields for the rest of the tournament.

Small blinds: Phil Gordon is hosting his annual BBQ today and of course, there will be a Poker Edge Podcast right from the venue. … Joe Sebok, Barry Greenstein and Greg Raymer made some positive upward movement during the last level after a tough start. Chris Ferguson, Shaun Deeb and Todd Brunson have also accumulated a good stack. Meanwhile, Jeremiah Smith suffered a bad beat with aces and has dropped down to around $45,000. … Amarillo Slim is playing today. … At the two feature tables, Mike Matusow and Doyle Brunson are both hanging around their starting stacks. … Boxer Winky Wright was eliminated early in Level 2. … One player here is proud of his Canadian heritage during Independence Day. He's wearing an oversized Canadian flag hat and matching T-shirt. … The World Series of Roshambo takes place tonight. … Dennis Phillips might show up in "Fossilman" sunglasses tomorrow. I also found out that Phillips is actually good friends with rapper Nelly.