Jesse Lonis Has 14.16M Chips and Two Bracelets. Evan Krentzman Has Zero.

Seven players remain at the $5,000 Pot-Limit Omaha final table at the Horseshoe, and the stack distribution tells two very different stories.

Jesse Lonis sits behind 14.16 million chips. He has two WSOP bracelets, three Circuit rings, 28 career final tables, and $10.56 million in lifetime tournament earnings. He is, by any measure, the most credentialed player at this table and the runaway chip leader.

Then there's Evan Krentzman, second in chips with 4.65 million, whose entire career reads like a different sport.

Krentzman's $1.64 million in lifetime earnings wouldn't cover the combined buy-ins of a single Triton series.

The Gap

Krentzman has zero bracelets, zero rings, and exactly one prior final table on his WSOP record. His $1.64M lifetime puts him closer to a solid regional grinder than a $5K PLO finalist. Yet here he is, holding nearly a third of the chips that Lonis has and more than anyone else at the table besides the leader.

Stephen Hubbard is right on Krentzman's heels at 4.5 million. His profile looks similar: no bracelets, $490K in lifetime earnings, three final tables. He and Krentzman are the two biggest stacks outside of Lonis, and neither has ever won hardware at the WSOP.

The contrast with Lonis is stark. His 28 final tables are more than the rest of the table combined. His $10.56M in cashes is more than six times Krentzman's total.

The Bracelet Winner in the Room

The pitch for this piece centered on Jarred Graham, the Australian bracelet winner who was sitting on 1.36 million chips when 15 players remained. Graham has one bracelet, $666K in lifetime earnings, and three career final tables. He didn't survive to the final seven. Zackary Estes, who held 1.5 million at two tables, also busted on the bubble (finishing eighth with zero chips recorded at the final table redraw).

That leaves Justin Scott as the shortest stack among the final seven with 1.8 million. His profile is the thinnest of the group: no bracelets, no rings, and no publicly recorded lifetime earnings in the WSOP database.

What Lonis Is Chasing

A third bracelet would put Lonis in rarefied company. Only a handful of active players have three or more bracelets AND significant PLO credentials. His two existing bracelets and $10.56M bankroll suggest he's played high-stakes tournaments for years, but a $5K PLO title would be a statement piece.

Jeffrey Madsen was in the field too, carrying four bracelets, one ring, 37 final tables, and $4.6M in earnings. He held 585K at two tables. Whether he reached the final seven isn't confirmed by the final-table data, but his presence in the field underscores the caliber of competition Krentzman has already outlasted.

The Math for Krentzman

Krentzman's 4.65 million is roughly a third of Lonis's stack. That's a real deficit in an eight-handed PLO format where pots balloon fast and positional edges compound. But it's also more than double the shortest stack at the table.

Here's the number that matters for Krentzman: the first-place payout in a $5K WSOP event typically exceeds his entire career earnings. A win wouldn't just give him a bracelet. It would more than double his lifetime total in a single night.

For Lonis, the math is different. He's playing from a position of abundance, both in chips and experience. Twenty-eight final tables means he's been in this exact situation dozens of times. Krentzman has been here once before.

The cards will sort it out. But the storylines at this final table split cleanly: Lonis grinding toward a legacy piece, and Krentzman trying to compress an entire career's worth of validation into one session at the Horseshoe.