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Phil Ivey continues to shine during this year’s World Series of Poker as he has just won his 2nd WSOP bracelet this year and 7th overall.  This one came in Event #25, a mixed tournament of Omaha and 7-Card Stud Hi/Low, 8 or Better Split.  Interestingly enough, Ivey has never won a bracelet in a hold’em event.

Ivey came into the final table of 9 as the short stack at the table.  The table featured some very recognizable names and excellent players who were not about to lay down and let Ivey run them over.  The other 8 players along with Ivey at the final table were Ming Lee, Carlos Mortensen, Eric Buchman, Jon Turner (a.k.a. PearlJammer), Dutch Boyd, Tom Koral, Steve Wong, and Pete Gelencser.

However, after a few other players were eliminated, Phil Ivey really began to make his move and built a very nice chip stack.  In fact, when play finally got down to three handed, Ivey had about 1/2 of the chips in play sitting in front of him.  Ming Lee was able to get to heads-up play with Phil, but saw himself with quite a mountain to climb.  Ivey held about a 4-to-1 chip lead entering play.  Not to go down without a fight, though, Lee actually got to about even before Ivey finally went on another run and eliminated Lee in second place, taking down the bracelet.

The final table payouts:

1st – Phil Ivey – $220,538

2nd – Ming Lee – $136,292

3rd – Carlos Mortensen – $89,342

4th – Dutch Boyd – $61,919

5th – Jon “PearlJammer” Turner – $45,237

6th – Eric Buchman – $34,747

7th – Tom Koral – $27,993

8th – Peter Gelencser – $23,600

9th – Steve Wong – $16,517