Just over 12 hours after the final day began with 15 players returning to the felt for action, it's all over. Steve Jelinek has emerged as the champion of Event No. 41, capturing the title of this year's $1,500 Pot-Limit Omaha Hi-low Split-8 or Better champion, the WSOP gold bracelet and a hefty payday of $245,871!

Last year, Jelinik final tabled this very same event where he went on to finish in sixth place. This year, he didn't leave himself too much room for improvement, but he was able to claim the best spot of the five that could beat his performance last year.

John Gottlieb finished in second place and had himself one heck of a run, but couldn't help but feel completely shattered without taking home the win. After the final hand, Gottlieb stared at the two hands from each player and the final board, trying to piece together any scenario which would give him even just a portion of the pot. It wouldn't be though as the cards fell in the favor for Jelinek.

That wraps up our coverage of Event No. 41 as we watch another bracelet winner named at the 2010 WSOP. Congratulations to all the winners and especially to Steve Jelinek who took the title.

Don't forget to browse around and check out all the coverage we still have going on of the other WSOP events right here on PokerNews.

Steve Jelinek opened the pot with a 300,000-chip raise and John Gottlieb moved all in. Jelinek called. Although this is a pot-limit event, the rules were once again somewhat tossed out the window as this is how the action occurred.

Showdown

Jelinek:

Gottlieb:

The board ran out and gave Gottlieb a second-best hand and second place in this tournament for $151,884. He had just 135,000 chips less than Jelinek at the final countdown of the stacks.

Cards are flying again!

We're now on a 10-minute break by players request.

John Gottlieb opened the pot with a 200,000-chip raise and Steve Jelinek called.

The flop ran out and both players checked. The turn was a , Steve fired a 300,000-chip bet and was called.

The river card was a and Jelinek check-folded when Gottlieb moved all in.

Jelinek slipped to 2,000,000 and Gottlieb is now up to 1,900,000.

With the board reading John Gottlieb fired a 180,000-chip bet and was called.

The turn card was a and Steve Jelinek bet pot (540,000), Gottlieb tank-folded.

In the last hands Gottlieb slipped to 1,540,000 chips.

Last level before the break there were a few all-in situations resulting in some double ups and big pots. This level, not so much. The player has slowed significantly and the action is hard to find. Each hand is taking a little bit longer than they did before and it may be due to the players realizing how close they are to a bracelet. Last year, Steve Jelinek came in sixth in this very event and surely won't want to go back-to-back years without capturing the gold.

The remaining two are on a 20-minute break.

Steve Jelinek raised to 240,000 from the button and John Gottlieb called. The flop came down and Gottlieb check-called a pot-sized bet from Jelinek. The turn was the and Gottlieb fired all in. Jelinek made the call.

Gottlieb held the and Jelinek held the .

The river completed the board with the and gave Gottlieb a straight. He began jumping up and down, having doubled up with a scoop. Gottlieb now has about three million in chips.

Steve Jelinek and John Gottlieb got all of the money in preflop after a raising war broke out. Gottlieb held the against the for Jelinek.

The board ran out and Gottlieb scooped the entire pot with just a pair of fours. He moved back to 1.5 million in chips while Jelinek dropped to about 2.3 million.

With the final board reading , John Gottlieb tabled the for sevens full of aces. Steve jelinek held the for kings and sevens. Gottlieb scooped the pot and moved back to 910,000 in chips.

With only 465,000 chips, John Gottlieb ended up all in pre-flop. Steve Jelinek tabled and Gottlieb showed .

The board spread and Gottlieb doubled up, is now up to 930,000 chips.

Steve Jelinek limp-called the pot raise made by John Gottlieb. The flop ran out and the players ended up all in.

Jelinek tabled and Gottlieb .

The turn card was a , the river a and the chopped the pot.

On the second hand of heads-up play between Steve Jelinek and John Gottlieb, the action was potted preflop by Gottlieb on the button. Jelinek made the call. The flop went check, check after the fell.

After the fell on the river, Jelinek fired out the pot for 360,000. Gottlieb tank-folded and the pot was pushed Jelinek's way.

Anders Taylor raised the pot from the button and then Steve Jelinek reraised from the big blind to put Taylor all in. Taylor called off the small remainder of his stack and the hands were turned over.

Taylor held the and was up against the for Jelinek.

The flop was huge for Jelinek when it came and gave him a full house. The turn was the and the river the . Taylor filed to improve on the turn and river, giving Jelinek the pot and eliminated Taylor on the hand.

Taylor earned just short of $100,000 for his third-place finish while Jelinek increased his lead going into heads-up play.

With the board reading Anders Taylor and Steve Jelinek ended up all in.

Showdown

Taylor:

Jelinek:

The turn card was a and the river brought a to the felt. Double up for Jelinek, who is now up to 2,500,000 chips. Taylor slipped to 270,000.

Steve Jelinek opened the action with a pot raise on the button. In the big blind, John Gottlieb raised pot and Jelinek called.

Showdown

Gottlieb:

Jelinek:

The board ran out and Jelinek doubled up to 1,220,000. Gottlieb slipped to 785,000.

Michael Chappus raised from the button before Anders Taylor reraised all in from the small blind. After the big blind, John Gottlieb, folded, Chappus called and was all in.

Chappus held the . He was up against the for Taylor.

The flop came down and things didn't look good for Chappus. The turn was the and the river ended things with the . Taylor stood and shook the hand of the defeated Chappus, who exited to the rail in fourth place and earned over $71,000 for his finish.

The final four are now on a 20-minute break.

Ben Lamb raised to 175,000 and Anders Taylor made the call. After the flop came down , the two quickly got the money in the middle for another head-to-head battle.

Taylor held the for the nut low and a spade flush draw along with a pair of fours. Lamb held the for a straight draw, a weaker low and top pair.

The turn was the and the river the . The river made Taylor a spade flush along with the nut low, 6-4-3-2-A, and he scooped the entire pot. Not only did he win the pot, but Taylor also busted Lamb on the hand, who finished in fifth place for over $53,000 in winnings.

With only 260,000 chips on his stack, Ben Lamb opened the pot with a 175,000-chip raise. Next to speak, Anders Taylor called.

The flop ran out and Lamb fired a 75,000-chip bet, leaving 10,000 behind. Taylor called.

The turn card was a and Lamb moved all in for 10,000 chips, Taylor called.

Showdown

Taylor:

Lamb:

The river card was a and Lamb took the pot, is now up to 520,000 chips.