Phil Ivey Has a Big Stack as Bubble Bursts in WSOP Poker Players Championship

Jon Sofen
Senior Editor U.S.
Eliot Thomas
Editor, Poker & Casino
3 min read
Phil Ivey 2026 WSOP

Phil Ivey has never won the $50,000 WSOP Poker Players Championship, one of the few accomplishments in poker hasn't achieved. But the poker legend is making a run at what would be his biggest win.

The 11-time World Series of Poker bracelet winner has not only reached the money in the prestigious mixed games event. He was right up near the top of the chip counts just after the bubble burst with 17 remaining players Tuesday night on Day 3.

Ivey Chasing 12th WSOP Bracelet

Phil Ivey 2026 WSOP
Phil Ivey

Ivey, who won his last bracelet in 2024, is second all-time in WSOP victories. But he still hasn't won the Main Event or Poker Players Championship. That could all change on Thursday if he reaches the PPC final table.

As for now, he's sitting in 5th place with 2,400,000 chips, trailing chip leader Benny Glaser after Bryce Yockey's 18th-place bustout burst the bubble. Ivey, along with the rest of the 17-player field, has locked up a minimum cash of $100,934, with the first-place payout in one of the summer's marquee events confirmed at $1,343,764.

The Poker Hall of Famer has cut a relaxed figure throughout a long evening session of cards, even taking the time to watch the World Cup soccer on the big screens at Horsehoe and Paris during hands.

In one pot between Paul Volpe and Bryce Yockey, PokerNews' David Salituro reported Ivey spent all of the hand standing up from his seat watching the Colombia vs. Congo match on the television screen. "Phil, play some poker," Eric Wasserson told him, drawing the iconic Ivey death stare.

Colombia happened to score right after. "Wass, don't talk to me while I'm watching soccer," Ivey told him.

Hellmuth Still in the Hunt for No.18

Phil Hellmuth

Alongside the second-most decorated WSOP player of all time, the most decorated player in series history also remains in contention: Phil Hellmuth.

The 'Poker Brat,' who recovered from COVID just in time to enter this year's PPC, didn't join the field until around the dinner break on Day 2. Despite the late start, he tripled his stack by night's end and has continued to spin up a stack on Day 3.

Unlike Ivey, who sits among the chip leaders, Hellmuth occupies a lower-midfield position with 875,000 chips and in 14th position. Still, with plenty of play left before Thursday's final day, he has more than enough ammunition to mount a deep run in the tournament many consider the purest test of all-around poker skill.

For all of Hellmuth's record 17 WSOP bracelets, the Chip Reese Memorial Trophy remains conspicuously absent from his illustrious honor roll. Unlike Ivey, however, Hellmuth can boast of winning poker's most revered title, having famously won the WSOP Main Event in 1989.

Latest Chip Counts - WSOP 2026 $50,000 Poker Players Championship

With the bubble now burst, here are the updated counts late on Day 3 in this year's PPC, correct at the time of writing (~00:30 PT):

RankPlayerChips
1Benny Glaser4,300,000
2Paul Volpe3,760,000
3Kristopher Tong3,600,000
4Nick Guagenti2,900,000
5Phil Ivey2,400,000
6Jason Mercier2,200,000
7Josh Arieh2,175,000
8Maxx Coleman2,150,000
9Alex Livingston1,475,000
10Chris Hunichen1,340,000
11Chris Brewer1,250,000
12Jesse Lonis1,050,000
13Roy Thung900,000
14Phil Hellmuth875,000
15Maksim Pisarenko600,000
16Matt Glantz485,000
17Dara Taherpour410,000
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Jon Sofen
Senior Editor U.S.
Eliot Thomas
Editor, Poker & Casino

Eliot Thomas is an Editor at PokerNews, specializing in casino and poker coverage. He has reported on major events around the world, including the World Series of Poker, European Poker Tour, and Triton Super High Roller Series.

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