29th Annual World Series of Poker
$5000 Limit Hold'em
$5,000 Buy-In
Friday, May 8, 1998
Casino: Binion's Horseshoe
Players: 112
Prize Pool: $560,000
| Place | Player | From | Prize Money |
| 1st | Patrick Bruel | Paris, FRA | $224,000 |
| 2nd | Robert Redman | Liberty, MO, USA | $112,000 |
| 3rd | "Miami" John Cernuto | Las Vegas, NV, USA | $56,000 |
| 4th | Men "The Master" Nguyen | Bell Gardens, CA, USA | $33,600 |
| 5th | Kevin McBride | Boca Raton, FL, USA | $25,200 |
| 6th | Sam Grizzle | Las Vegas, NV, USA | $19,600 |
| 7th | Anthony Tran | West Covina, CA, USA | $14,000 |
| 8th | John Bonetti | Houston, TX, USA | $11,200 |
| 9th | Dan Alspach | La Jolla, CA, USA | $8,960 |
| 10th | Joe Macchiaverna | Las Vegas, NV, USA | $6,720 |
| 11th | David Tavernier | $6,720 | |
| 12th | Dan Heimiller | Plymouth, MI, USA | $6,720 |
| 13th | Alan Goehring | Henderson, NV, USA | $6,160 |
| 14th | Nhut Tran | Scottsdale, AZ, USA | $6,160 |
| 15th | Gorden Hall | $6,160 | |
| 16th | David Grey | Henderson, NV, USA | $5,600 |
| 17th | Ali Farsai | $5,600 | |
| 18th | Surinder "The Cobra" Sunar | Wolverhampton, UK | $5,600 |
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