19th Annual World Series of Poker
$1500 Limit Hold'em
$1,500 Buy-In
Wednesday, May 11, 1988
Casino: Binion's Horseshoe
Players: 400
Prize Pool: $600,000
| Place | Player | From | Prize Money |
| 1st | Val Carpenter | $223,800 | |
| 2nd | Jack Keller | Robinsonville, MS, USA | $139,875 |
| 3rd | Mike Lang | $55,950 | |
| 4th | Lamar Hampton | Casselberry, FL, USA | $33,570 |
| 5th | Eric Schulz | USA | $30,773 |
| 6th | Carl McKelvey | Houston, TX, USA | $25,177 |
| 7th | Howard "The Professor" Lederer | Las Vegas, NV, USA | $22,380 |
| 8th | David Dubose | $16,785 | |
| 9th | Men "The Master" Nguyen | Bell Gardens, CA, USA | $11,190 |
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