The World Series of Poker Main Event draws its third largest field in history. John Monnette holds Player of the Year lead going into Main Event. Check out these stories and more in the Tuesday Hit and Run.

Ongoing WSOP Main Event Action

Another 4,262 players entered the WSOP Main Event on Day 1C, bringing the overall field to an impressive 7,221 players. This is the third largest Main Event field in history, behind only the 2006 (8773) and 2010 (7319) Championships. Last year the event drew 6737 players. This means that the over $72 million in prizes will be shared between the 1,084 players that make the money. First place in the event will receive $8,150,000 with all other players at the final table receiving at least $1 million.

Tuesday’s action got underway at 11 AM PT with 2,959 players left before the start of Day 2ab (the first of two Day 2 flights). At the start of the day, Morten Mortenson was the chip leader after the first day with 279k chips from 1a while Richard Dubini has the most from 1b. Those groups will meet to play in 2ab on Tuesday. Notables who remained at the start of the Day 2AB included Mike Matusow, Barry Shulman, Brandon Adams, Barry Greenstein, Layne Flack and Andy Frankenberger. Among the players who busted on Monday includ Sam Trickett, John Juanda, Shaun Deeb, Frank Kassela, James Woods, Tony Dunst, Maurice Hawkins and Nick Petrangelo.

By 3:30 PM PT, some notables who had busted out so far on Tuesday include Phil Laak and Sam Soverel.

For Your Streaming Enjoyment

– The viewing schedule for the Main Event has been released, with action available to watch through PokerGo and ESPN/ESPN2 throughout the series. on Tuesday, poker fans can tune into PokerGo at 2:30 PM ET and 11 PM ET for coverage with prime time action on ESPN from 8-11 PM ET.

WSOP Quick Hitters

– The WSOP Player of the Year outcome is still very much in the air but here is who has the edge going into the Main Event: John Monnette (865.21), John Racener (853.16), Chris Ferguson (848.31), Ryan Hughes (820.71) and Raymond Henson (722.86). Other big names in the top 20 include Daniel Negreanu in 7th (717.76), James Obst in 10th (667.48), Chris Moorman in 11th and Barry Greenstein in 15th (605.14).

– The World Series of Poker has announced WSOP China through a partnership of Chinese mobile gaming company Tencent. WSOP China will award WSOP bracelet events beginning this December and hopes to make further inroads into the “untapped” Asian market.

– Bad news, Phil Ivey fans: Phil Ivey was not among the 7200+ players who joined the WSOP Main Event before registration closed Monday afternoon. Phil Hellmuth was among those that were surprised by the news.

– Since launching PokerStars Power Up into alpha testing, the new concept has been winning fans, including some of the most critical online poker players.

– Grinderschool classic poker training video of the day is part 3 of 8 on the “How to Master Full Ring No Limit Hold’em” series.