It took four days and more than 32 one-hour levels, but we have a reached a winner in Event 50, the $5,000 No-Limit Hold'em. Panayote "Peter" Vilandos is the sole survivor of a field than began with 1,001 players. He'll take home the $952,694 first-place prize, along with his third World Series of Poker bracelet.
Saturday's Day 3 failed to deliver a winner, so the remaining three players returned Sunday with the chance of capturing the coveted WSOP bracelet. Dan Smith entered Day 4 with the chip lead, but was the first to go. Unable to ride the momentum from Day 3, Smith found himself as the short stack at the table by the time his chips were in the middle. He was ahead with against the of Vilandos, but a fortunate turn gave Vilandos the lead, and soon the pot, to take a solid chip lead into heads-up play.
With about 8.8 million to Kyle Julius' 5.2 million, Vilandos didn't allow his young opponent to gain any traction. He quickly extended his lead by the time Level 32 ended and shortly into Level 33, Julius was all in at risk with . Vilandos led with and dodged Julius' outs to seal the deal.
Final Table Results
|1||Panayote "Peter" Vilandos||$952,694|
For Vilandos, it his third WSOP bracelet. In 1995, he won a $1,500 Pot-Limit Hold'em event and followed that in 2009 by taking down a $1,500 No-Limit Hold'em event.
Congratulations to Panayote "Peter" Vilandos on a job well done and thank you for keeping it here at PokerNews. Be sure to check out our Live Reporting page for updates on all of the other events taking place.