Mizrachi third in WPT event, wins $424K

South Floridian Michael "The Grinder" Mizrachi finished third in the World Poker Tour World Championship in Las Vegas, earning $424,618.

The tournament is the climax to the WPT's season, and includes winners of the season's WPT events and others who pay the $25,000 entry fee.

Mizrachi, who has won two WPT events in his career, took the chip lead Saturday when his pair of 10s helds up against two opponents' ace-kings, but was eventually eliminated.

German pro Marvin Rettenmaier won the tournament and $1,196,858. Philippe Ktorza was second, winning $803,310. Get more information at WorldPokerTour.com.

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