20th Annual World Series of Poker
No Limit Hold'em Main Event
$10,000 Buy-In
Sunday, May 14, 1989
Casino: Binion's Horseshoe
Players: 178
Prize Pool: $1,780,000
| Place | Player | From | Prize Money |
| 1st | Phil Hellmuth Jr. | Palo Alto, CA, USA | $755,000 |
| 2nd | Johnny "The Orient Express" Chan | Las Vegas, NV, USA | $302,000 |
| 3rd | Don Zewin | Las Vegas, NV, USA | $151,000 |
| 4th | Steve Lott | Goliad, TX, USA | $83,050 |
| 5th | Lyle Berman | Plymouth, MN, USA | $67,950 |
| 6th | Noel Furlong | Clifton Lodge, IRE | $52,850 |
| 7th | Fernando Fisdel | $45,300 | |
| 8th | Mike Picow | $30,200 | |
| 9th | George Hardie | USA | $22,650 |
| 10th | Ali Farsai | $12,500 | |
| 11th | John Esposito | Las Vegas, NV, USA | $12,500 |
| 12th | Manning Briggs | $12,500 | |
| 13th | Carmen Valenti | $12,500 | |
| 14th | Jay Heimowitz | Bethel, NY, USA | $12,500 |
| 15th | Al Ethier | $12,500 | |
| 16th | John Bonetti | Houston, TX, USA | $12,500 |
| 17th | Ivan Trepner | Las Vegas, NV, USA | $12,500 |
| 18th | Ralph Morton | $12,500 | |
| 19th | Fredric David | $10,000 | |
| 20th | Jim Ward | Anchorage, AK, USA | $10,000 |
| 21st | Howard Lipman | $10,000 | |
| 22nd | Mickey Appleman | Fort Lee, NJ, USA | $10,000 |
| 23rd | Chip Reese | Las Vegas, NV, USA | $10,000 |
| 24th | The Boss | $10,000 | |
| 25th | Hilbert Shirey | Winter Haven, FL, USA | $10,000 |
| 26th | Al Korson | $10,000 | |
| 27th | Vagabond Prince | $10,000 | |
| 28th | Yosh Nakano | Los Angeles, CA, USA | $7,500 |
| 29th | Berry Johnston | Bethany, OK, USA | $7,500 |
| 30th | Jim Ray | $7,500 | |
| 31st | Jim Bechtel | Gilbert, AZ, USA | $7,500 |
| 32nd | Tommy Grimes | Houston, TX, USA | $7,500 |
| 33rd | Ron Graham | Takoma, WA, USA | $7,500 |
| 34th | Jim Pitzer | $7,500 | |
| 35th | Puggy Pearson | $7,500 | |
| 36th | Crandall Addington | $7,500 |
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