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Michael Mizrachi has all the chips with four players left in the 2025 World Series of Poker (WSOP) Main Event. Okay, not technically allthe chips. But he'll enter the $10,000 buy-in tournament's last session on Wednesday with over 75% of all chips in play.

"The Grinder," a seven-time WSOP bracelet winner, will return to Horseshoe at 2 p.m. (3 p.m. livestream on PokerGO) with 445,500,000 chips, good for 178 big blinds. Two players — Braxton Dunaway and Kenny Hallaert — have 10 or fewer big blinds. John Wasnock, second in chips, has 94,500,000.

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There's a considerable gap between Mizrachi and everyone else at the final table. Does that mean the gold bracelet is his to lose? Yes, but there are no guarantees in no-limit hold'em (or any poker variant).

Chip and a Chair?

Mizrachi's opponents surely think, "chip and a chair." They all, unlike the other 9,731 entrants, still have a stack, which means they still have a chance. But they'll have no chance if the Grinder runs as pure as he did on Tuesday when he effortlessly crushed the competition.

Mizrachi ran hotter than the blistering Las Vegas summer heat. He was all in for his tournament life with ace-king against Wasnock's pocket kings early in the session. PokerGO commentator and Fox Sports personality Nick Wright, before the flop was dealt, predicted the winner of the hand would go on to win the tournament.

An ace from space landed on the river, and the chip lead shifted from Wasnock to Mizrachi. The lead would only grow throughout the remainder of what turned out to be a short day.

Mizrachi, who won his record fourth $50,000 WSOP Poker Players Championship earlier this summer, played big stack poker to perfection on Tuesday. He benefited from a couple of suckouts, but applied pressure in all the right spots, including a hand against Hallaert in which Grinder extracted maximum value with two pair against top pair.

Even Joe McKeehen, the 2015 champion, didn't blast through the first day at the final table so easily. No player has entered the last day of the Main Event with a higher percentage of all chips in play since Jonathan Duhamel did when he won in 2010.

Duhamel returned to action for one last day to play heads-up against John Racener, who only had 30,650,000 (14%) of the 219,600,000 chips in play. Mizrachi's task will be tougher than Duhamel's was because he must defeat three opponents, not just one.

There's no doubt Mizrachi is a heavy favorite entering the final table of the 2025 World Series of Poker. He's in every poker player's dream position: a massive chip lead at the final table of the biggest event in poker, playing for a $10 million first-place prize. But if his opponents score some early double-ups, it will be "game on."

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