Howard Lederer’s Twitter says it all:

”

Phil Ivey defeated Bill Chen heads-up in the $3,000 HORSE earlier this morning, winning $329,840 (along with several million in bracelet bets). Bill Chen earned $203,802 for finishing 2nd, full results and Nolan Dalla’s tournament report soon at wsop.com.

Note: Ivey has a $5,000,000 bet with Lederer: Ivey needs to win two WSOP bracelets from 2010 to 2012. If one of Ivey’s bracelets is at a WSOP Europe event, it’s considered a push.