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World Series Of Poker
 H.O.R.S.E Result
15th June
June 1 – July 17 2006

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Event #26
Entries -- 192 (-)
Buy-in -- $5,000
Prize Pool -- $902,400
Ralph Schwartz
wins $275,683 and
WSOP bracelet
Pos. Player Origin Prize
1 Ralph Schwartz $275,683
2 Bill Gazes Vegas $153,408
3 Yuebin Guo NY $99,264
4 Phil Ivey Vegas $65,424
5 Robert Mizrachi FL $49,632
6 Alexander Jung Berlin $37,901
7 Thomas Schultz CO $28,877
8 Jeff Campbell GA $14,438
9 Alex Kravchenko Moscow $13,085
10 Greg Mascio CA $13,085
Other Facts 
25 places paid - 12th Jeff King (United Kingdom) $11,731, 25th John Kabbaj (London, United Kingdom) $4,512
The winner of the $5,000 buy-in H.O.R.S.E. championship was Ralph Schwartz from New York City. He is a 28-year-old money manager who works on Wall Street. He specializes in managing hedge funds. Schwartz is a graduate of Northwestern University. He is currently single. Schwartz has been playing poker seriously for about four years. Prior to this win, Schwartz' one and only in-the-money finish occurred a few weeks ago in the $1,500 No-Limit Hold'em competition (Event #3) in which he finished 100th. He collected $3,500. This time, his cash prize was significantly higher $275,683 for first place. Bill Gazes was the runner up. He has a storied tournament record over the past decade, but he has yet to win a World Series gold bracelet. Gazes played remarkably well, overcoming a nearly impossible chip disadvantage at one point when play was at five-handed. He managed to survive and move up the money ladder but failed to catch the rush of cards necessary to go the distance. Gazes collected $153,408. This was poker superstar Phil Ivey's second final table appearance at this year's World Series. He was the runner up in the Seven-Card Stud World Championship (Event #11) last week. His quest for a sixth WSOP gold bracelet fell short yet gain, as he ended up going out in fourth place. Robert Mizrachi has already made it to two final tables this year. Remarkably, both have been in HORSE competitions. He was sixth in the $2,500 event (#16) and did a little better this time, taking fifth place.
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