The WPT World Championship has wrapped up at the Bellagio and David Chiu is the big winner for 2008. Chui was able to battle back from a 6:1 chip deficit against Gus “The Great Dane” Hansen to win the $3,389,140 first prize. He also gets a new WPT bracelet and an entry into the $25,000 WPT Season 7 Championship.

Hansen had to settle for the $1,714,800 second-place money, and will likely take a little while to deal with a loss that should never have happened. Even on the last hand, Chiu had to hit a river ace to beat Gus.

Chiu is no stranger to the winner’s position. He has numerous victories including four WSOP bracelets to his credit. He was already considered one of the world’s best players, and now this impressive win solidifies his presence in the elite category of the world’s best poker players.