Hellmuth Denied 12th WSOP Bracelet, Chan Closing In On 11

11-time WSOP bracelet winner Phil Hellmuth (above) was out-stacked at the final table of Event No. 28.

There will be no 12th WSOP bracelet for Phil Hellmuth. At least not today.

Severely out-stacked when play began today, Hellmuth had his work cut out for him against a seriously stacked final nine in the $5,000 buy-in PLO w/ Rebuys event, which included pros Phil "OMGClayAiken" Galfond, Kiril Gerasimov, David Benyamine, John Juanda, Johnny Chan and Daniel Negreanu. Doubling up during the first level of play, Hellmuth was able to hang in there early, but after just about three hours, his chance to further distance himself in the WSOP bracelet count came to an end.

Hellmuth's 8th place finish does add to his record-setting number of WSOP cashes, now at 64.

He also holds the record for number of WSOP final tables: 40.

Also eliminated from the final table so far: Brian "tsarrast" Rast - 9th place, Daniel Negreanu - 7th and John Juanda - 6th.

Still in and sitting with the second most chips last we checked is Johnny Chan (a ginger?), who is hoping to match Hellmuth's record 11 WSOP bracelets tonight. Chan is currently stacked at 2,125,000 while online poker phenom OMGClayAiken is the leader with 2.3 mil. Benyamine and Gerasimov (where's he been?) are fading away with 750k and 745k, respectively.

Keep track of chip counts here.

Hear what Daniel Negreanu has to say about OMGClayAiken here.

David Benyamine looking his best here.

UPDATE: Chan is choking, down to 330k. Some guy named Adam Hourani is apparently still in at the final table, with over 1.2 mil in chips.

UPDATE: Chan canned. OMGClayAiken, Benyamine and Adam Who?-rani remain.