Event #12: $50,000 High Roller No-Limit Hold'em 8-Handed

In what turned out to be a quick final table at the World Series of Poker at Bally's and Paris Las Vegas, it was Jake Schindler who came out on top in Event #12: $50,000 High Roller No-Limit Hold'em. Not only did the high-stakes pro capture his first WSOP gold bracelet, but he also pocketed a whopping $1,328,068.

It was another milestone on the resume for Schindler as he defeated Brek Schutten in heads-up play, taking his name off the list of "best players without a bracelet". With over $34 million in live tournament winnings, Schindler is highly regarded as one of the best players in the game.

Despite a black cloud hanging over his head from recent cheating allegations, Schindler has seemed to put that past him. Coming off a runner-up finish in the $25,000 High Roller earlier this week, Schindler has finally claimed the top spot on the podium. The Pennsylvania native declined to speak afterward, but it's hard to dispute that he is one of the best no-limit hold'em players over the past decade.

The last hand of the tournament turned out to be a cooler as both players were dealt premium hands. Schindler held ace-king and was dominating the ace-queen suited of Schutten. A king on the flop put Schindler well out front and Schutten was left drawing dead on the turn.

Schindler put himself in a great position to end the match after making a hero call with top pair just a couple of hands before. As for Schutten, he will have to wait another day to try and win his first WSOP bracelet but will still walk away with more than $820,000 for his efforts today.

Final Table Payouts

Final Day Action

The third and final day kicked off with six players returning to their seats with hopes of capturing a WSOP gold bracelet. Andrew Lichtenberger came in as the short stack with roughly five big blinds. That number dwindled down to just two before he finally got his chips in the middle against Schutten. Unfortunately for "Lucky Chewy", he held the inferior ace and was unable to find any help on the runout.

Next on the chopping block was David Peters who was then the short stack with around ten big blinds. In a blind versus blind battle with Shannon Shorr, both players flopped top pair but it was Shorr who had the better kicker. Improving to two pair on the river, Shorr eliminated Peters who was looking for his fifth bracelet and his second this summer.

For the next two hours, the remaining four players passed chips around the table as they jockeyed for position. It was Shorr who accumulated a big chip lead, holding more than half of the chips in play at one point. However, two massive pots against Schindler led to his demise and Shorr would bow out in fourth place. It was a disappointing finish for Shorr who made his 14th WSOP final table but has yet to capture a title.

Just three players returned to the feature table after the first break with Schindler holding a distinct chip lead. However, Schutten managed to wrestle that away with multiple three-bet-shoves over Schindler's raises. Punnat Punsri held on to his short stack for a while but with fewer than 15 big blinds, he finally found two Broadway cards to go with. Unfortunately for him, Schutten held a big ace and Punsri was unable to connect on the board.

That left Schutten as a two-to-one favorite going to heads-up play with Schindler. It was an ill-timed bluff from Schutten that cost him the lead when Schindler called him down with top pair on the river. As the chip stacks flipped, Schindler was the favorite and ended the match just moments later.

That wraps up the coverage for this event, but stay tuned to PokerNews for all of the latest tournament updates throughout the summer.

Jake Schindler limped with    and Brek Schutten checked his option with   .

The dealer fanned the     flop and the duo checked to the   turn. Schutten checked, Schindler bet 800,000, and Schutten check-raised to 2,400,000. Schindler called.

The   fell on the river and Schutten announced "all in" fairly quickly. Schindler stretched his arms and looked at the board as he contemplated a decision for his tournament life. Ultimately, he put in the chips.

The hands were tabled and Schindler saw the good news as he stayed alive and jumped into the chip lead.

Jake Schindler	22,850,000	11,625,000
Brek Schutten	7,450,000	-11,625,000

Brek Schutten opened to 800,000 on the button, Punnat Punsri moved all in for 6,430,000 in the small blind, and Schutten called.

Punnat Punsri:   
Brek Schutten:   

The dealer spread the     flop to keep Schutten in the lead. The   turn gave Punsri a few more outs with a gutshot draw, but the   river bricked out to eliminate Punsri in third place.

Brek Schutten	19,675,000	7,025,000
Jake Schindler	10,625,000	-800,000
Punnat Punsri	0	-6,225,000

Punnat Punsri limped the small blind with    and Jake Schindler checked his option with   

The duo checked the     flop to the   turn. Punsri led for 400,000 and Schindler called.

Punsri led for 1,600,000 on the   river and Schindler quickly folded.

Jake Schindler	15,025,000	-2,000,000
Brek Schutten	8,050,000	1,600,000
Punnat Punsri	7,250,000	400,000

Players are now on a 15-minute break on the stream.

Jake Schindler	17,025,000	-1,000,000
Punnat Punsri	6,850,000	1,550,000
Brek Schutten	6,450,000	-550,000

Shannon Shorr open-shoved on the button and Jake Schindler called in the small blind for his 5,050,000 chips.

Jake Schindler:   
Shannon Shorr:   

The     flop kept Schindler ahead to the   turn. Needing to fade a queen, the   completed the board to secure Schindler's double as he moved into the chip lead.

Jake Schindler	11,000,000	5,200,000
Punnat Punsri	7,600,000	1,100,000
Shannon Shorr	6,275,000	-5,100,000
Brek Schutten	5,450,000	-1,200,000

Shannon Shorr open-shipped all in on the button with the two short stacks in the blinds. Brek Schutten called off his stack of 4,150,000 in the big blind and the cards were tabled.

Brek Schutten:   
Shannon Shorr:   

Schutten had Shorr pipped by one and the flop of     left him in the lead. The   on the turn and the   on the river changed nothing as Schutten scored a double up.

Shannon Shorr	11,975,000	-4,850,000
Brek Schutten	8,750,000	5,650,000
Punnat Punsri	5,750,000	-1,500,000
Jake Schindler	3,850,000	-800,000

Shannon Shorr raised to 600,000 on the button with    and Brek Schutten called from the big blind with   . Both players hit a pair on the     flop, Shorr's being the better of the two.

Schutten checked to Shorr who bet 500,000 and Schutten called. The turn was the   and Schutten checked again. Shorr slid out a bet of 1,450,000 and Schutten still called. The river was the   and both players checked, sending a healthy pot to Shorr and giving him more than half of the chips in play.

Shannon Shorr	13,175,000	3,450,000
Brek Schutten	3,100,000	-2,450,000

Brek Schutten opened to 500,000 on the button with    and Shannon Shorr defended the big blind with   .

The dealer spread the     flop and Shorr led for 350,000. Schutten called.

Both players checked the   to the  , Shorr led for 650,000, and Schutten sent his cards into the muck.

Shannon Shorr	9,725,000	975,000
Jake Schindler	7,800,000	0
Punnat Punsri	7,250,000	-125,000
Brek Schutten	5,550,000	-975,000

Punnat Punsri opened to 500,000 in the cutoff, Jake Schindler moved all in for 3,650,000 in the small blind, and Punsri put in the chips after some deliberation.

Jake Schindler:   
Punnat Punsri:   

The     vaulted Schindler ahead, and the   and   confirmed his double.

Punnat Punsri	8,400,000	375,000
Jake Schindler	7,800,000	4,400,000
Shannon Shorr	7,600,000	-750,000
Brek Schutten	6,525,000	-3,775,000