American poker player Peter Placey began Day 6 of the 2014 World Series of Poker Main Event with 3,415,000 in chips, which placed him in the top third of the field in 24th place with 79 players remaining. He bowed out of the Main Event in 35th place for $230,000.

Placey is from Newport Beach, California and it had been over six years since he had recorded a live poker tournament cash going into the 2014 World Series of Poker Main Event. Placey had moderate success, with almost $96,000 in live tournaments from 2004 to 2008.

According to the Global Poker Index, Placey’s first recorded live poker cash occurred in August 2004 when he took fifth place in the $1,060 buy-in World Poker Tour Legends of Poker at the Bicycle Casino in Los Angeles for over $6,000.

Placey’s next cash came in an event that 2006 World Series of Poker Main Event Champion Jamie Gold won when Placey finished in 17th place in a $225 Rebuy at the Bicycle Casino for over $1,000 in August 2005. While the buy-in of this event was relatively small, the tournament was a sign of things to come, as Gold pocketed over $54,000 for winning and Placey finished in 144th place in the 2006 WSOP Main Event for about $47,000.

Later in August 2005, Placey finished in 17th place for almost $3,000 in a $1,580 No Limit Hold’em tournament, also at the Bike, for almost $3,000. He followed this up in February 2006 by finishing in sixth place for over $10,000 in a $2,590 buy-in No Limit Hold’em event during the LA Poker Classic at the Commerce Casino.

Placey once again had a deep run in a LA Poker Classic event in 2008 when he finished in sixth place in the $2,590 buy-in No Limit Hold’em event for over $28,000.

Image courtesy Hendon Mob