$2million Won by Nguyen at World Series of Poker.

Today, Scotty Nguyen has won his 5th gold bracelet at the World Series of Poker, winning nearly $2million pounds and beating 148 other competitors.

The player managed to beat 23 year old, Michael DeMichele, at the game H.O.R.S.E. which costs a massive $50,000 just to enter! H.O.R.S.E is a game of poker and is played at the high end stakes tables at casinos and involves playing various rounds of different forms of poker such as Seven card Stud and Texas Hold'EM.

H.O.R.S.E is widely held by the poker elite to be the most important tournament in the World Series of Poker, in addition to the main event. Because of the way the game is structured it tends to favour as a winner the most technical and skilled rather than the most lucky.

"Scotty Nguyen's gonna be triple crown, baby!" Said Nguyen whilst counting his chips, stacked in $100's, and happily posing for TV cameras with his new golden bracelet, "That's my dream."

Nguyen is also hoping, this year, to win the main event at the World Series of Poker, as he did in 1998, when he won $1million. To achieve his dream of winning the triple crown, he will also need to win the Series Player of the Year tournament, of which he can be fairly confident if his recent win is anything to judge by.

Today (30/06/2008) saw Nguyen win his fifth bracelet by forcing DeMichele to go all in on an ace and a 10, at limit Texas Hold'EM. DeMichele made his call with an ace and a 3, he was already very behind with his number of chips compared to Nguyen, they drew on the aces, but Nguyen managed to beat him with the 10. Although he came second the 23 year old DeMichele still managed to win a massive $1.24million, not bad for someone so young "I guess I'll have to live with being that guy," said DeMichele of New York.

Nguyen was very pleased with his win as well, especially seeing as it is the first gold bracelet he has won since 2001 "I'm gonna make Phil Hellmuth squirm," Phil Hellmuth currently holds the record for the highest numbers of bracelets won at the World Series of Poker, he currently has 12 bracelets.

The final table started on Sunday and involved such high profile professional poker players as Erick Lindgren and Huck Seed, Nguyen had the second highest chip stack when the final tournament started.

Matt Glantz fell out of the tournament around midnight on Sunday leaving three competitors, Lindgren, DeMichele and Nguyen who battled on into the early hours of this morning. Of the three, Lindgren was first to be eliminated this happened at around 4.30am this morning, after he lost with a pair of eights to Nguyen's pair of nines. For finishing third Lindgren won $781,440.

The game finally finished at around 5am when DeMichele could no longer compete against Nguyen chip stack- Nguyen said "After E-dog's gone, everything's just like a walk through the park. Nobody's going to stop me. This is what I want, baby."