Viktor "Isildur1" Blom has taken over the chip lead at the prestigious $50,000 Players Championship 8-game event at the 2012 World Series of Poker.

At just 21 years of age, the 2012 WSOP is Blom's first taste of World Series action, but already the online star is making a splash at the tables.

Blom entered the second-most expensive event on this year's WSOP schedule alongside 107 of the biggest stars in modern poker, and navigated his way through the first three days of play with a medium-sized stack.

At the end of Day 3 last night, Blom found himself in a potentially life-threatening situations, as he ended all-in on a flop during a hand of PLO.

Blom held for a flopped set, but was in serious trouble against Joe Cassidy, who already won one event this year.

Cassidy held for a bigger set, and left Blom drawing to just a single out to make quads and win the pot.

Incredibly, the dealer laid out the saving on the river, and a stunned Blom could scoop the monster pot.

With that hand, Blom took over the lead, and he is now the chip leader of the event with just 26 players left.

The list of runners counts names like David Oppenheim, Daniel Alaei and David Baker in the next spots, while other stars like Michael Mizrachi, Phil Ivey, John Monette and Phil Hellmuth are also still in contention.

Day 4 of the event will kick off tonight, where play will continue until a ten-player final table is set.

The money bubble will burst at 16 players, who will each pick up at least $91,549, while the first prize is $1,451,527 - the biggest of the 2012 WSOP so far.

For more updates and chip counts, see the WSOP website.