| Competition: | 1998 World Series of Poker |
| Location: | Binion's Horseshoe, Las Vegas, Nevada |
| Dates: | April 21 – May 15 |
| Champion: | Scotty Nguyen |
| Prev: | 1997 |
| Next: | 1999 |
The 1998 World Series of Poker (WSOP) was a series of poker tournaments held at Binion's Horseshoe.
| Event | Winner | Prize | Runner-up | |
|---|---|---|---|---|
| $2,000 Limit Hold'em | Farzad Bonyadi | $429,940 | Paul Scarim | |
| $1,500 Razz | Doyle Brunson | $93,000 | Ray Dehkharghani | |
| $1,500 Limit Omaha | Michael Shadkin | $109,800 | Jan Lundberg | |
| $1,500 Seven Card Stud | Kirk Morrison | $148,185 | Max Stern | |
| $1,500 Pot Limit Omaha w/Rebuys | Donnacha O'Dea | $154,800 | Johnny Chan | |
| $1,500 Seven Card Stud Split | Tommy Hufnagle | $139,305 | Don Holt | |
| $2,000 No Limit Hold'em | Jeff Ross | $259,000 | Layne Flack | |
| $2,000 Omaha Hi-Lo Split | Chau Giang | $150,960 | Carl Bailey | |
| $2,000 Pot Limit Hold'em | Daniel Negreanu | $169,460 | Dominic Bourke | |
| $2,500 Seven Card Stud | Artie Cobb | $152,000 | Helmut Koch | |
| $2,500 Pot Limit Omaha w/Rebuys | T. J. Cloutier | $136,000 | Doyle Brunson | |
| $2,500 Seven Card Stud Hi-Lo Split | Bill Gempel | $120,000 | Hershey Entin | |
| $3,000 Limit Hold'em | David Chiu | $205,200 | Mickey Seagle | |
| $3,000 Omaha Hi-Lo Split | Paul Rowe | $133,200 | James Van Alstyne | |
| $3,000 Pot Limit Hold'em | Steve Rydel | $206,400 | Dave Ulliott | |
| $5,000 No Limit Deuce to Seven Draw w/Rebuys | Erik Seidel | $132,750 | Lamar Wilkinson | |
| $3,000 No Limit Hold'em | Ken Buntjer | $268,620 | Gorden Hall | |
| $5,000 Seven Card Stud | Jan Chen | $208,000 | Don Barton | |
| $5,000 Limit Hold'em | Patrick Bruel | $224,000 | Robert Redman | |
| $1,000 Ladies' Seven Card Stud | Mandy Commanda | $40,000 | Jerri Thomas |
There were 350 entrants to the main event. Each paid $10,000 to enter the tournament, with the top 27 players finishing in the money. The 1998 Main Event was notable for having only five players reach the official final table for the first time in WSOP Main Event history.
| Name | Number of chips (percentage of total) | WSOP Bracelets* | WSOP Cashes* | WSOP Earnings* | |
|---|---|---|---|---|---|
| Scotty Nguyen | 1,184,000 (33.8%) | 1 | 7 | $244,462 | |
 Kevin McBride | 873,000 (24.9%) | 0 | 1 | $25,200 | |
| T.J. Cloutier | 829,000 (23.7%) | 4 | 27 | $1,255,886 | |
| Dewey Weum | 376,000 (10.7%) | 0 | 9 | $135,267 | |
| Lee Salem | 240,000 (6.9%) | 0 | 2 | $23,223 |
| Place | Name | Prize | |
|---|---|---|---|
| 1st | Scotty Nguyen | $1,000,000 | |
| 2nd | Kevin McBride | $687,500 | |
| 3rd | T. J. Cloutier | $437,500 | |
| 4th | Dewey Weum | $250,000 | |
| 5th | Lee Salem | $190,000 |
NB: This list is restricted to In The Money finishers with an existing Wikipedia entry.
| Place | Name | Prize | |
|---|---|---|---|
| 6th | Ben Roberts | $150,000 | |
| 9th | Paul McKinney | $57,500 | |
| 10th | Susie Isaacs | $40,000 | |
| 12th | Bobby Hoff | $40,000 | |
| 17th | Kathy Liebert | $30,000 | |
| 20th | Vince Burgio | $25,000 | |
| 21st | Thor Hansen | $25,000 | |
| 22nd | Jack Keller | $25,000 | |
| 23rd | Rod Peate | $25,000 | |
| 25th | Paul Clark | $25,000 | |
| 27th | Farzad Bonyadi | $25,000 |