Schwartz beat a 192 men strong field in the $5,000 HORSE event to take home $275,000.

Winner of the $5,000 buy-in H.O.R.S.E. event is Ralph Schwartz from New York City. He's 28 and works as a money manager on Wall Street, specializing in the management of hedge funds.

Schwartz has been playing poker seriously for about four years. Before this win, Schwartz also finished in the money in a $1,500 No-Limit Holdem event (Event 3), finishing 100th.

2007 WSOP Event 26 Final Results

1. Ralph Schwartz, Manhattan, NY, $275,683


2. Bill Gazes, Las Vegas, NV, $153,408


3. Yuebin Guo, Brooklyn, NY, $99,264


4. Phil Ivey, Las Vegas, NV, $65,424


5. Robert Mizrachi, Sunny Isles Beach, FL, $49,632


6. Alexander Jung, Berlin, Germany, $37,901


7. Thomas Schultz, Littleton, CO, $28,877


8. Phillip Campbell, Duluth, GA, $20,755


9. Alex Kravchenko, Moscow, Russian Federation, $14,438


10. Greg Mascio, Brea, CA, $14,438


11. Rick Schwartz, Calabasa, CA, $13,085


12. Jeff King, Colchester, CT, $13,085


13. Michael Lemkin, Santa Monica, CA, $11,731


14. David Benyamine, Paris, France, $11,731


15. Jesse Jones, North Las Vegas, NV, $10,378


16. Luke Neely, Austin, TX, $10,378


17. Samuel Grizzle, Las Vegas, NV, $9,024


18. Randall Skaggs, Las Vegas, NV, $9,024


19. Daniel Alael, Las Vegas, NV, $9,024


20. Bill Argyros, Melbourne, Australia, $9,024


21. Gavin Smith, Las Vegas, NV, $9,024


22. Doyle Brunson, Las Vegas, NV, $9,024


23. Stephen Landrum, Pahrump, NV, $9,024


24. Linda Ducker, Las Vegas, NV, $4,512


25. Jean Kabbaj, United Kingdom, $4,512