The big games in Macau are still running, with Tom Dwan completing round two in his heads up match with a Chinese gambler. According to the updates from Macau, Dwan won almost $9 million in the second match but is still down for the trip!

The latest word from Macau is that Phil Ivey has already packed his bags and flown home as a winner, whereas Tom Dwan is still playing. durrrr completed round 2 in his head up match with the anonymous Chinese gambler and won 68 million HKD ($8.8 million) but is reportedly still down for the trip. Hopefully we will have more info in the coming days.

Among the updates from Macau is this hand history between one of the pros and a local regular:

Blinds 10k/20k HKD with 10k ante. Chinese player raises to 120k, one player calls, pro raises to 600k from the blinds, first raiser 4-bets to 1.6m, pro calls.

Flop Ac Jh 7c. Pro checks, Chinese player bets 3m, pro goes all-in, Chinese players calls for 12m. Pro has Ah Kc, Chinese player has 5c 3c. Turn is a club, river blanks, and the 33 million HKD ($4.3 million) pot goes to the Chinese player.

Winfred Yu, manager of the Poker King Club at the Starworld Casino and a high stakes player himself, explained what it's like to play with these players:

"These guys are not complete fish. They have been playing poker for two years and they have improved a lot. Playing against them means that you are constantly under pressure. They like to overbet the pot and sometimes you just don’t have a strong enough hand to call."

"At these kinds of stakes, it is not a question of who is the better player anymore. It is a question of whether you have the guts to put your chips into the pot and take a chance against them. They have a lot of money, and to them, losing HK$5 million or HK$10 million is nothing – they treat this money as ‘tuition fees’. They flew down from Beijing and Shanghai with HK$10 million each just because they heard that Phil Ivey was here, and they wanted to play against him. I don’t think any professional poker player can lose HK$10 million and walk out with a smile on their face."

However, not all of the Chinese players are too savvy - in fact, some of them don't even know the rules but still play relatively high stakes. There is another memorable hand history from a 300/600 HKD (39/78 USD) game. On the turn, the board is QQ5 6 and there's 6k HKD in the pot. One of the local regulars overbets 20k, and a random fish raises to 260k. The regular tanks for awhile and elects to fold a weak queen because he thought his opponent looked very confident. It turned out he was right - about his opponent being confident, that is, as the fish agreed to show his hand because "he had not been bluffing". He turned over 56; "Three pair," he said proudly.

View the cliff notes version on 2+2 for all things Macau.