23rd Annual World Series of Poker
$1500 No Limit Hold'em
$1,500 Buy-In
Sunday, April 26, 1992
Casino: Binion's Horseshoe
Players: 254
Prize Pool: $381,000
| Place | Player | From | Prize Money |
| 1st | Lance Straughn | $152,400 | |
| 2nd | Greg Angel | $76,200 | |
| 3rd | Dave Crunkleton | Las Vegas, NV, USA | $38,100 |
| 4th | Freddy Deeb | Las Vegas, NV, USA | $24,765 |
| 5th | Dewey Tomko | Winterhaven, FL, USA | $19,050 |
| 6th | Pat Flanagan | $13,335 | |
| 7th | Doug Randolph | $9,525 | |
| 8th | Eldon Elias | USA | $7,620 |
| 9th | Phil Hellmuth Jr. | Palo Alto, CA, USA | $5,715 |
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