Storyline continues: Ivey reaches fifth final table in quest for WSOP bracelet No. 9

For the fifth time at this year’s World Series of Poker, Phil Ivey has reached the final table at an open event.

When he sits down at 2 p.m. today at the Rio to finish the $2,500 buy-in Mixed Hold'em event, Ivey again seeks his ninth individual event championship bracelet and first since 2010.

Ivey has placed second, third, fifth, and seventh in the previous four final tables. Coupled with a fifth in-the-money finish at an earlier event, the results have pushed Ivey into second place in the points standings for the World Series of Poker’s Player of the Year award.

Ivey will begin today’s event — which alternates between limit and no-limit hold’em — seventh with 169,000 in tournament chips.

Joep van den Bijgaart leads with 605,000 in chips. Michael Gathy of Belgium is third 418,000 in chips and is seeking his second gold bracelet of the 2012 World Series of Poker. He won a $1,000 buy-in No-Limit Hold'em event.

First place pays $210,107.