Event 5: The Fourth Annual Jack Binion World Poker Open $500 + 40 Three Draw Lowball
Details
| Event | Event 5 |
| Buy In | $540 |
| Players Paid | 6 |
Payouts
| 1st |  Jacky Chitwood |
$38,024 |
| 2nd | Bob Walker |
$23,765 |
| 3rd |  Galen Kester |
$14,259 |
| 4th |  Jim Lester |
$8,555 |
| 5th | James Whitehead |
$5,704 |
| 6th | Doc Jenning |
$4,753 |