After the first month of the 2012 World Series of Poker, there's really only one thing that this panel needs to say … Mr. Ivey, we're sorry and we were wrong. Ivey returned to the WSOP felt after skipping it in 2011 and although he didn't win a bracelet in June, he ran over the tables. During a 12-day span, Ivey made five final tables and brought back the buzz to the WSOP. His historic run has once again earned him the top spot in these rankings and, as was said during the first few installments of this list a few years ago, there's only a very small chance that he's going to be removed from No. 1 anytime soon. That's unfortunate news for Jason Mercier who has now been relegated to No. 2.
Ivey's start of the Series wasn't impressive, but he put the pieces together when many of the others on this list just simply could not. Three who couldn't, Daniel Negreanu, Erik Seidel and Chris Moorman, fell out of the rankings this month. Taking those coveted spots were two players who have had previous stints in these rankings, $50,000 Poker Players' Championship winner Michael Mizrachi and all-time bracelet leader Phil Hellmuth, and newcomer John Monnette.
Mizrachi came close to making the rankings in May after his third-place finish in the World Poker Tour Championship. He's added three final tables at the Series (first, fourth and fifth) and earning his third bracelet was enough to bring him all the way to No. 3. Mizrachi fell out of the rankings shortly after his fifth-place finish in the 2010 main event. Hellmuth trails right behind Mizrachi in the rankings as he returns to The Nuts at No. 4. He earned his 12th WSOP bracelet, finished fourth in the $10,000 HORSE and cashed three other times in June to give him a total of 90 cashes on the WSOP felt. Monnette debuts at No. 8 thanks to finishes of first, second, third and 94th place in this Series. Monnette prefers cash games and doesn't play tournament poker all that often. However, when he does play tournaments, they're usually of the limit variation where he's proved he is one of the best in the world.