Originally Posted by K_Kahne_Fan
If the 3rd place chip stack's hand beats the 2nd place chip stack's hand, the game continues.
Not if the 1st place person had a higher chip count than both of them, because all their chips are gone.
Example: Persons A, B, C and D. Stacks: A=1000, B and C = 500, D=250.
Everyone is All In, Person A wins. Persons B, C and D are eliminated.
Person A = 1st place, wins 1st place prize money
Person B and C = 2nd place, win (2nd place + 3rd Place)/2 each
Person D = 4th place, wins 4th place prize money
The game will not continue because person A has all the chips. Person B and C split the prize money for 2nd and 3rd place because their chip stacks were equal and second most, person D gets 4th place because his chip stack was the smallest.