Photo: IMPDI / WSOP.com

Eric Drache had one thought when then-Golden Nugget executive Bobby Baldwin suggested he manage the Fremont Street casino’s poker room in the early 1980s.

How long could he last working for Steve Wynn?

Baldwin, the 1978 World Series of Poker champion, thought Drache, who was the annual tournament’s director, could give Wynn’s poker facility a much needed lift.

Drache was perplexed. He was an expert seven-card stud player and had managed the old Silver Bird Casino poker room. But this was big time.

“Are you kidding?” Drache recalled saying. “Steve will fire us within 10 minutes.”

Baldwin and Drache recalled that story last month during a ceremony at the Rio celebrating Drache’s induction into the Poker Hall of Fame.

Drache, 69, joined the late Brian “Sailor” Roberts as the 43rd and 44th members of the Hall of Fame, which is managed by the World Series of Poker.

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Edit: Here’s the official chip counts:

Sunday brought another three-level day to the WSOP, with just 185 players remaining when play resumes Monday afternoon at 12pm. The current unofficial leader is Warren Zackey, who’s listed from Honeydew, South Africa with 4,977,000 in chips. The most notable name at the top of the leaderboard is 2007 WSOP POY and member of Team Pokerati Tom Schneider at 3,168,000, good for 4th place. More notables, with their unofficial chip counts: Noah Boeken (2,4000,000), Eugene Katchalov (2,1000,000), Ludovic Lacay (1,685,000), Fabrice Soulier (1,450,000), Bertrand Grospellier (1,400,000), Blair Hinkle (1,100,000), Joe Sebok (1,100,000), Joe Hachem (1,000,000), Peter Eastgate (927,000), Blair Rodman (890,000), Joe Serock and Prahlad Friedman (760,000) and Kenny Tran (700,000).

Notable eliminations: Kevin O’Donnell, Mickey Mills, Cornel Cimpan, Kara Scott, Dan Shak, Nick Binger, Bobby Baldwin, Kevin Saul, William Robertie and Can Kim Hua.

Hopefully the official chip counts will be coming shortly, and Pokerati will be the 5th place to find them. Follow Pokerati also for Dream Team Poker updates, when they return from dinner break.

Day 3 of the Main Event were able to play five full levels yesterday, with 789 players surviving to return at noon Saturday as they crawl their way to the money bubble at 648 players. The only player with a 7-figure chip stack is Bertrand “ElkY” Grospellier with 1,380,500. Other notables who are still hanging around: Blair Hinkle (542,000), Dennis Phillips (510,000), Phil Hellmuth (485,000), Kara Scott (456,500), Mike Sexton (414,000), David Benyamine (381,500), Lou Diamond Phillips (359,500), Kelly Kim (346,000), Joe Sebok (297,500), Joe Hachem (239,500), Tom Schneider (231,000), Bobby Baldwin (193,500) and The Big Randy (190,500). The entire list of survivors is available below:

Five more levels of play are scheduled for today, but a prolonged period of bubble play can play havoc, depending on when they start hand for hand play and how much time is added back after the money is reached. In any case, it’ll be a joyous occasion for most who make the money, while the more established players will be looking to abuse the bubble, and take chips off players looking to get out of Vegas with their $21k+ payday.

Follow all the action over at www.wsop.com here and Pokerati for other stuff going on during Saturday.

One of the first “big” WSOP events will be the special, invitational Champions tourney … a non-bracelet freeroll for all previous main event champions, which will be one of only four televised ESPN events. This made-for-TV No-Limit Hold’em brouhaha — where players are competing for a shiny trophy and a red Corvette — should give the old-dog pros a chance to remind the 21st century WSOP millionaires who’s really boss … and the Varkonyis and Golds and Yangs a chance to say, “Hey, I didn’t just get lucky, Doyle Biznatch!”

27 players are eligible … and almost all have pre-registered. Bobby Baldwin ’78 has RSVP’d in the negative. But there’s one interesting name on the list of non-confirmeds* — well actually there’re five, but one of these is not like the others … in fact, as a member of the WSOP PAC, he’s probably on Jeffrey Pollack’s speed dial:

Mansour Maltoubi ’90
Hamid Dastmalchi ’92
Russ Hamilton ’94
Noel Furlong ’99
Chris Ferguson ’00

None of these are holdouts, from what we’re hearing … just MIA. (Though we’re not so sure the WSOP is looking that hard for Russ, because they could always give his invitation to Layne Flack.)

Wicked Chops is on the hunt for them here.