Poker's Toughest Tournament Returns as WSOP Gets Ready for $50K PPC

Calum Grant
Senior Editor & Live Events Executive
3 min read
PPC

The tournament many players consider the toughest in poker gets underway on Sunday as the $50,000 Poker Players Championship returns to the 2026 World Series of Poker at Horseshoe and Paris Las Vegas.

Now in its 16th edition, the PPC has become one of the most coveted titles in the game, with only the WSOP Main Event rivaling it in prestige for many of poker's elite.

Over five days, a field packed with mixed-game specialists and Hall of Famers will battle across nine disciplines in pursuit of the Chip Reese Memorial Trophy and a place alongside some of the game's greatest champions.

The seven-handed tournament rotates between No-Limit Hold'em, Seven Card Stud, Omaha Hi-Lo 8 or Better, Razz, Pot-Limit Omaha, Limit Hold'em, No-Limit 2-7 Lowball Draw, Seven Card Stud Hi-Lo 8 or Better, and 2-7 Triple Draw. Players begin with 300,000 chips and face 100-minute levels throughout the event.

Another Chapter in PPC History

Michael Mizrachi wins fourth PPC title
Michael Mizrachi wins fourth PPC title

The PPC debuted in 2010 as an eight-game mix and has evolved into the nine-game format used today after No-Limit 2-7 Lowball Draw returned to the rotation in 2021. Over the years, the event has been dominated by some of the game's most accomplished players.

Michael Mizrachi captured a record fourth PPC title in 2025, adding to victories in 2010, 2012 and 2018. His four wins account for half of his eight WSOP bracelets and have helped him accumulate more than $6 million in earnings from the event alone.

Brian Rast has won the title three times, in 2011, 2016 and 2023, while Dan "Jungleman" Cates became the only player to successfully defend the championship when he went back-to-back in 2021 and 2022. Daniel Negreanu ended an 11-year bracelet drought with victory in 2024.

“There is one event in the world I want to play more than any and I wanted to win more than any, and it’s this one. This is the one,” Negreanu told PokerNews after his victory two years ago.

“Obviously, the Main Event is special in a different way. But this one is all the best players in the world, pro-heavy field, playing 100-minute levels, days and days of grind, 12 hours a day. So to come out on top, you can’t fluke that.”

Only two players have won their first bracelet in the event. Matthew Ashton did so in 2013 after topping a record field of 132 entrants for $1,774,089, while Elior Sion joined him in 2017.

Mizrachi also owns five final table appearances, the most of any player, while Rast, Phil Ivey and Ashton each have four.

Two women have cashed in the event's history. Melissa Burr finished seventh in 2014, and Esther Taylor came within two spots of the title last year, taking third place for $595,136.

2026 Poker Players Championship Schedule

  • Date: June 21-25, 2026
  • Start Time: 2 p.m. local time
  • Format: Nine-game mix
  • Starting Stack: 300,000
  • Level Length: 100 minutes
  • Late Registration: Open through the start of Level 10 on Day 2 (approximately 7:30 p.m.)
  • Reentry: None

The first three days feature six levels each, with Day 4 scheduled to play down to the final five players. A new champion will be crowned on June 25.

Last year's edition attracted 107 entries and generated a $5,082,500 prize pool, with Mizrachi earning $1,331,322 for his historic fourth title.

Who will emerge from another star-studded field and add their name to one of poker's most exclusive honor rolls?

Stay tuned to PokerNews for live updates, chip counts, and complete coverage from every stage of Event #60: $50,000 Poker Players Championship.

All PPC Winners

YearEvent NameEntrantsWinnerPrizeSecond
2025$50,000 Poker Players Championship107Michael Mizrachi$1,331,322Bryn Kenney
2024$50,000 Poker Players Championship89Daniel Negreanu$1,178,703Bryce Yockey
2023$50,000 Poker Players Championship99Brian Rast$1,324,747Talal Shakerchi
2022$50,000 Poker Players Championship112Dan Cates$1,449,103Yuri Dzivielevski
2021$50,000 Poker Players Championship63Dan Cates$954,020Ryan Leng
2019$50,000 Poker Players Championship74Phil Hui$1,099,311Josh Arieh
2018$50,000 Poker Players Championship87Michael Mizrachi$1,239,126John Hennigan
2017$50,000 Poker Players Championship100Elior Sion$1,395,767Johannes Becker
2016$50,000 Poker Players Championship91Brian Rast$1,296,097Justin Bonomo
2015$50,000 Poker Players Championship84Mike Gorodinsky$1,270,086Jean-Robert Bellande
2014$50,000 Poker Players Championship102John Hennigan$1,517,767Brandon Shack-Harris
2013$50,000 Poker Players Championship132Matthew Ashton$1,774,089Don Nguyen
2012$50,000 Poker Players Championship108Michael Mizrachi$1,451,527Chris Klodnicki
2011$50,000 Poker Players Championship128Brian Rast$1,720,328Phil Hellmuth
2010$50,000 Poker Players Championship116Michael Mizrachi$1,559,046Vladimir Shchemelev
2009$50,000 World Championship H.O.R.S.E.95David Bach$1,276,802John Hanson
2008$50,000 World Championship H.O.R.S.E.148Scotty Nguyen$1,989,120Michael DeMichele
2007$50,000 World Championship H.O.R.S.E.148Freddy Deeb$2,276,832Bruno Fitoussi
2006$50,000 H.O.R.S.E.143David "Chip" Reese$1,716,000Andy Bloch
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Calum Grant
Senior Editor & Live Events Executive

Calum has been a part of the PokerNews team since September 2021 after working in the UK energy sector. He played his first hand of poker in 2017 and immediately fell in love with the game. Calum has written for various poker outlets but found his home at PokerNews, where he has contributed to various articles and live updates, providing insights and reporting on major poker events, including the World Series of Poker (WSOP).

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