Event #5: $10,000 NLH
Day 2 Completed
Event #5: $10,000 NLH
Day 2 Completed
California businessman Peter Placey has been playing poker recreationally for 40 years, and he can now add a high roller title to his resume. Today, he shipped Event #5: $10,000 inside the PokerGO Studio for $224,000 as he defeated heads-up opponent Qinghai Pan.
The fields at the 2026 U.S. Poker Open (USPO) in Las Vegas have mainly consisted of high-stakes pros, but it was a recreational player who took down today's event.
Placey, who runs an information company in California, told PokerNews he always admire(s) and enjoy(s) the opportunity to play with the level of players here." In 2022, he finished tenth in this very same event for $19,800.
"I love playing in this room," Placey said. "I seem to have done okay the times I've played here. This is the perfect exclamation point."
| Place | Player | Country | Prize |
|---|---|---|---|
| 1 | Peter Placey | United States | $224,000 |
| 2 | Qinghai Pan | United States | $144,000 |
| 3 | Anil Jivani | United States | $104,000 |
| 4 | Brandon Wilson | United States | $76,000 |
| 5 | Justin Zaki | United States | $56,000 |
| 6 | Cherish Andrews | United States | $40,000 |
| 7 | Jesse Lonis | United States | $32,000 |
The second $10,000 buy-in of the series drew 80 runners for a prize pool of $800,000. Those who ran deep in the event include Poker Hall of Famer Nick Schulman, top pro Jesse Lonis, and poker power couple Cherish Andrews and Brock Wilson, who have both won events this series.
Placey, who had the chip lead for part of Day 1, has never had trouble battling top pros. In 2014, he finished 35th in the WSOP Main Event for $230,487, busting to eventual champion Martin Jacobson.
Day 2 began with short stack Andrew going out in sixth place, enough to put her in first place on the overall series leaderboard.
Justin Zaki and Day 1 chip leader Brandon Wilson were the next two out, and it ended up being the two players with accomplished careers outside of poker, Placey and Pan, a doctor, that played for the title as Anil Jivani bowed out in third place.
Pan managed to double into the chip lead through Placey, but he was no match for Placey's flopped trips against top pair that turned into quads to end Pan's run.
That wraps up PokerNews' coverage of Event #5 here at the U.S. Poker Open in Las Vegas. Check out the live reporting hub for other series highlights.
*Photos courtesy of PokerGO
Peter Placey is the winner of Event #5: $10,000 NLH as he defeated Qinghai Pan to win $224,000 and his first major poker title.
Stay tuned for a full recap and winner's interview.
| Place | Player | Country | Prize |
|---|---|---|---|
| 1 | Peter Placey | United States | $224,000 |
| 2 | Qinghai Pan | United States | $144,000 |
| 3 | Anil Jivani | United States | $104,000 |
| 4 | Brandon Wilson | United States | $76,000 |
| 5 | Justin Zaki | United States | $56,000 |
| 6 | Cherish Andrews | United States | $40,000 |
| 7 | Jesse Lonis | United States | $32,000 |
In a single-raised pot, Peter Placey checked on the flop of 3♣3♥8♣ and Qinghai Pan continued for 350,000. Placey check-raised to 1,000,000 and Pan three-bet jammed for 4,175,000 to be put at risk.
Qinghai Pan: K♣8♦
Peter Placey: Q♦3♦
Pan's top pair was crushed by trips and the 3♠ turn made it worse as Placey made quads to have Pan drawing dead before the A♦ river to be sent out in second place for $144,000.
| Player | Chips | Progress |
|---|---|---|
|
|
10,000,000
4,550,000
|
4,550,000 |
|
|
Busted | |
|
|
||
| Player | Chips | Progress |
|---|---|---|
|
|
5,450,000 | |
|
|
4,550,000 | |
|
|
||
Level: 23
Blinds: 75,000/150,000
Ante: 150,000
Qinghai Pan was all in for 3,125,000 against Peter Placey in the big blind on a flop of 4♠8♥5♥
Qinghai Pan: J♣8♣
Peter Placey: K♠5♣
Pan's top pair stayed ahead as the board ran out 3♦10♥ to see him double into the chip lead.
| Player | Chips | Progress |
|---|---|---|
|
|
6,975,000
3,925,000
|
3,925,000 |
|
|
||
|
|
3,025,000
3,925,000
|
3,925,000 |
Qinghai Pan opened to 275,000 on the button with 9♦7♠ and Peter Placey called with K♣J♦.
The flop of 9♥9♣9♠ checked through and Pan bet 400,000 on the 8♥ turn. Placey called.
Placey checked again on the 6♦ river and Pan bet 625,000 to bring a quick fold from his opponent.
| Player | Chips | Progress |
|---|---|---|
|
|
6,950,000
750,000
|
750,000 |
|
|
3,050,000
750,000
|
750,000 |
|
|
||
Peter Placey called on the button with A♦J♣ and Qinghai Pan raised to 325,000 with K♠7♦.
Placey then three-bet to 1,850,000 and Pan folded to avoid being put at risk.
Level: 22
Blinds: 75,000/125,000
Ante: 125,000