Jose Torres, a 38-year-old business owner from Hollywood, outlasted Jacobo Fernandez of Hollywood to win a Pot-Limit Omaha tournament at Beau Rivage Resort & Casino in Biloxi.

It is Torres' third major tournament victory in three years. He received $95,895 in cash and a white gold and diamond bracelet.

According to a release from the Southern Poker Championships, Pot-Limit Omaha has been a staple of the Mississippi poker scene for many years. The World Poker Open – which was played every January in upstate Tunica between 2000 and 2007 until a schedule-changed moved the event to the fall – routinely attracted swarms of eager PLO enthusiasts.

The key hand of the tournament took place late when Fernandez flopped two pair to go along with a flush draw. Torres flopped a straight. His hand held up while Fernandez failed to improve, the release said.

Torres has previously won the Five-Star World Poker Classic, which is part of the World Poker Tour. This was his 25th time to cash. He now has over $300,000 in career tournament winnings.

Fernandez, a poker pro from the Dominican who has homes other than Hollywood, was the runner-up. He cashed seven times at the 2008 WSOP. Fernandez received $53,275 in this event as his official payout.