Race for the Purple Jacket. With Adrian Mateos in the clubhouse on 451 points, here's how Nick Palma or Jeremy Ausmus could win the overall Poker Masters title.

• Adrian Mateos: 451 points
• Nick Palma: 407 points
• Jeremy Ausmus: 321 points

With the following points up for grabs, Palma just needs to cash to overtake Mateos. Ausmus needs to finish at least second. A win for Ausmus would see him don the Purple Jacket regardless of where Palma finishes. If he finishes second, he needs Palma to finish fourth or worse.

1. $620,000 + 248 PGT points
2. $387,500 + 155 PGT points
3. $248,000 + 99 PGT points
4. $170,500 + 68 PGT points
5. $124,000 + 50 PGT points

Watch the rest of Day 1 play out below.

Poker Masters Championship: Day 1 coverage of the series-closing $50K No-Limit Hold'em is now live on the PokerGO YouTube channel – see below for the link. 

Adrian Mateos, Nick Palma, and Nick Seward, the frontrunners in the race for the Purple Jacket, are all still in the field with 20/31 remaining at the time of reporting. 

After a runner-up finish in Event #9 on Thursday, Daniel Negreanu chose not to partake in the Championship. 

Day 1 coverage of Poker Masters $25K: The cards are in the air for the penultimate event of the series. 

At the time of reporting, 19 players remain from a field of 50 entries. Among those still battling it out are Adrian Mateos and Nick Palma. The two are currently in first and second respectively in the race for the Poker Masters Purple Jacket and Event #9 could have huge implications in that regard. 

Daniel Negreanu, Nick Schulman, and Jesse Lonis are all on the feature table at the moment, along with Super High Roller Bowl XI winner Brandon Wilson. 

Final five set in Poker Masters Event #8. It was a brutal end for Nick Palma, who started the final table as chip leader but busted before the night was over. Action resumes at 4pm ET – watch the livestream on the PokerGO YouTube channel and recap Day 1 below.

1. Vitalijs Zavorotnijs: 2,980,000
2. Justin Vaysman: 1,565,000
3. Sam Soverel: 1,485,000
4. Keith Lehr: 1,315,000
5. Nicholas Seward: 1,055,000