1988 World Series of Poker

1988 World Series of Poker
Location	Binion's Horseshoe, Las Vegas, Nevada
Dates	5 – 16 May
Champion
Johnny Chan

The 1988 World Series of Poker (WSOP) was a series of poker tournaments held at Binion's Horseshoe between 5 May 1988, and 21 May 1988.

Preliminary events

Event	Winner	Prize	Runner-up
$1,500 Limit Hold'em	Val Carpenter	$223,800	Jack Keller
$1,500 No Limit Hold'em	Russell Gibe	$181,800	Hans "Tuna" Lund
$2,500 Pot Limit Omaha	Gilbert Gross	$181,000	Hugh Todd
$5,000 Seven Card Stud	Thor Hansen	$158,000	David Heyden
$1,000 Limit Omaha	David Helms	$91,200	Don Williams
$1,500 Seven Card Stud Split	Lance Hilt	$123,600	Joe Petro
$500 Ladies' Seven Card Stud	Loretta Huber	$17,000	Ester Rossi
$1,500 Seven Card Stud	Merrill Hunt	$130,200	Johnny Moss
$5,000 Deuce to Seven Draw	Seymour Leibowitz	$157,500	David "Chip" Reese
$1,500 Ace to Five Draw	Johnny Moss	$116,400	Richard Chase
$1,000 Seven Card Razz	Don Williams	$76,800	Art Youngblood

Main Event

There were 167 entrants to the main event on 16 May 1988. Each paid $10,000 to enter the tournament, with the top 36 players finishing in the money. The 1988 Main Event was the second consecutive World Championship for Johnny Chan. The final hand that featured Chan against Erik Seidel would be featured in the 1998 movie Rounders.

Final table

Place	Name	Prize
1st	Johnny Chan	$700,000
2nd	Erik Seidel	$280,000
3rd	Ron Graham	$140,000
4th	Humberto Brenes	$77,000
5th	T. J. Cloutier	$63,000
6th	Jim Bechtel	$49,000

In The Money Finishes

NB: This list is restricted to In The Money finishers with an existing Wikipedia entry.

Place	Name	Prize
9th	Jesse Alto	$21,000
15th	Jay Heimowitz	$12,500
18th	Roger Moore	$12,500
20th	Mike Hart	$10,000
23rd	Ken Flaton	$10,000
26th	Don Williams	$10,000
27th	David Sklansky	$8,750
28th	John Spadavecchia	$8,750
31st	Jack Keller	$7,500
32nd	Chip Reese	$7,500
33rd	Phil Hellmuth	$7,500