| 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. [1]
| 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 |
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 . [3]
| 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 |
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 |
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