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
4 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 he 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 and WPT Global Ambassador 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.

Fancy playing some poker yourself?

If the WSOP action has inspired you to hit the tables, check out our guide to the best online poker sites and current welcome bonus offers available to new players.

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

WPT Global Welcome Bonus and Offers

WPT Global is running one of the most generous offers PokerNews has ever seen, one worth up to $3,348, a variety of MTT, and Global Spins tickets.

When they deposit just $10, first-time depositors receive a $15.50 gift package consisting of a $5 poker bonus, a $5 casino bonus, a $2.50 MTT ticket, and $3 in Casino Coin.

The bulk of the bonus comes via poker and casino cashback. Deposit between $10 and $3,000 and you'll be able to earn 100% of it back as cash. Half of the welcome package cashback is released in $1 increments each time you contribute $10 to the poker rake or pay in tournament fees. The other 50% is released in $1 increments for each $500 wagered at the WPT Global casino. Both the poker and casino elements of the bonus expire 60 days after issuing.

In addition, you also receive a bunch of poker tickets depending on the size of your initial deposit amount, as shown in the table below.

Deposit AmountBonus
$10-$492 x $2.50 MTT tickets plus $1 Global Spins ticket
$50-$992x $5.50 MTT tickets + 1x $2.50 MTT Ticket
$100-$4991x $11 MTT Ticket, 3x $5.50 MTT Tickets, 2x $2.50 MTT Tickets + 1x $5.50 Global Spins ticket
$500-$9991x $55 MTT Ticket, 1x $25 Global Spins ticket, 1x $22 MTT Ticket + 1x $5.50 Global Spins ticket
$1,500-$2,9991x $110 Sunday Slam Ticket, 2x $55 MTT Tickets + 2x $25 Global Spins tickets
$3,000+1x $110 Sunday Slam Ticket, 3x $55 MTT Tickets, 1x $50 Global Spins ticket, 1x $22 MTT Ticket + 1x $11 MTT Ticket

Just use the PokerNews-exclusive bonus code 'PN1500' to claim it

Add as a preferred source on Google Follow on Google News
Share this article
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 is currently on the ground in Las Vegas covering the 2026 World Series of Poker and has previously worked at the European Poker Tour and Triton Super High Roller Series.

More Stories

Other Stories

Recommended for you
Poker Player at WSOP in Hot Water Over Sex Toy Card Protector Poker Player at WSOP in Hot Water Over Sex Toy Card Protector