29th Annual World Series of Poker
$1500 Limit Omaha
$1,500 Buy-In
Wednesday, April 22, 1998
Casino: Binion's Horseshoe
Players: 183
Prize Pool: $274,500
| Place | Player | From | Prize Money |
| 1st | Michael Shadkin | USA | $109,800 |
| 2nd | Jan "The Walrus" Lundberg | London, UK | $54,900 |
| 3rd | Frank Schend | Solvang, CA, USA | $27,450 |
| 4th | Robert Gingras | Las Vegas, NV, USA | $16,470 |
| 5th | Herb Owenby | Sevierville, TN, USA | $12,353 |
| 6th | Carl Heller | Kingwood, TX, USA | $9,608 |
| 7th | Chris Bjorin | London, UK | $6,863 |
| 8th | Gerry Berger | USA | $5,490 |
| 9th | Scotty Nguyen | Henderson, NV, USA | $4,392 |
| 10th | Ted Forrest | Las Vegas, NV, USA | $3,294 |
| 11th | Thor Hansen | El Segundo, CA, USA | $3,294 |
| 12th | J.C. Pearson | Las Vegas, NV, USA | $3,294 |
| 13th | Mitch Miller | $3,019 | |
| 14th | Mitch Look | $3,019 | |
| 15th | Barry Bindelglass | Ft Lauderdale, FL, USA | $3,019 |
| 16th | Paul Honas | Las Vegas, NV, USA | $2,745 |
| 17th | Mitch Merritt | $2,745 | |
| 18th | Surinder "The Cobra" Sunar | Wolverhampton, UK | $2,745 |
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