The final table of the £1 Million Showdown event at EPT London is underway. Blinds are 10,000-20,000 with a 2,000 ante. Full details of the payout structure can be found here and you can follow all the action on EPT Live.

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12.10am: Jason Mercier of the United States, wins the EPT £1 Million Showdown, earning £516,000 for first place.
Following a Juanda raise Jason Mercier moved all-in for a total of 1,210,000, the third time in about 15 minutes. John Juanda talked out loud about it, saying that he couldn't fold again and made a long slow call showing As-Jc. Mercier turned over Kc-Qd and it was all left to the dealer. The flop was a beauty for Mercier, Th-9s-Js for a flopped straight, delivered by the poker gods. The 5s on the turn ended it and no one really cared about the river. Jason Mercier wins the EPT £1 Million Showdown.

12.09am: John Juanda, USA, eliminated in second place, earning £327,000.

12.03am: First flop of Tuesday
We see a limped flop of Jd-9d-Ks. Juanda checks and Mercier made it 33,000, getting called. Both check the 7h on the turn and 3s river. Juanda shows a nine, good for the pot.

11.57pm: Latest chip counts
Jason Mercier - 1,173,000
John Juanda - 548,000

11.47pm: Flopping hands
The hand started with a Juanda bet and a Mercier call for a flop of Jh-6s-Jd. Mercier checked the flop and Juanda bet out 55,000. Mercier called for a turn card 7d which both players checked. Now to the river card, a 5h. Mercier raised, 75,000. By now it was a 285,000 pot. It took him a while but Juanda called. Cue Mercier’s J-6. He’d flopped the full house for another big pot.

11.40pm: Chip counts after the first all-in
Jason Mercier - 1,084,000
John Juanda - 637,000

11.38pm: First hand, all-in
We don’t have to wait for the first all-in of the heads-up match. On the first hand John Juanda moves all-in. Mercier smiles, pulls a few faces and calls, showing Q-J. Juanda had A-2 which puts him ahead. All they can do is wait for the board. The flop came th-8h-7c, giving Mercier more outs with a queen, jack or nine giving him the pot. The turn misses but the river brings a jack, doubling up Mercier.

11.34pm: The heads up chip counts
John Juanda - 1,185,000
Jason Mercier - 536,000

11.31pm: Michael Watson, Canada, eliminated in third place, earning £241,000.
Michael Watson moves all-in for 365,000. Taking everyone by surprise John Juanda calls, and with good reason, turning over A-K to Watson’s A-7. The board doesn’t bring the much needed seven for Watson, who busts out in third. Play goes to heads up.

11.26pm: Checking to the river
Juanda takes down a tentatively played pot, checked from flop to river on a board of Td-Ad-3c-Jd-Ah. Juanda shows K-T for aces with a ten kicker, enough to beat Mercier who passes.

11.22pm: The blinds are up to 10,000-20,000 with a 2,000 ante. Chip counts three handed:

John Juanda, 646,000
Jason Mercier, 610,000
Michael Watson, 465,000