Two more bracelet winners became known Sunday morning, and the rest of Saturday’s action:

Papola denies the Master bracelet #8

Jeffrey Papola defeated Men Nguyen in the $5,000 No-Limit Holdem 6-max event, earning $667,443 and his first career bracelet. Nguyen earned $412,746 for the second-place finish, moving into a three-way tie for first in the WSOP Player of the Year race with Michael Mizrachi and James Dempsey. Erick Lindgren finished sixth for $82,303. Full results and Nolan Dalla’s tournament report are available at wsop.com.

Velador slams the door on his second bracelet

Luis Velador took down the $2,500 Pot-Limit Omaha/Pot-Limit Holdem title as he defeated David Chiu heads-up, good for $260,517 and his second career WSOP bracelet. Chiu earned $160,902 for the second place finish, moving into a tie for 6th in the WSOP Player of the Year race. Full results and Dalla’s tournament report can be found at wsop.com.

10k NL Heads-Up down to an Elite 8

The final day of the $10,000 Heads-Up No-Limit Holdem Championship resumes at 3pm with these matchups:

Jason Somerville vs. Kido Pham
Faraz Jaka vs. Ayaz Mahmood
Alexander Kostritsyn vs. Ludovic Lacay
Ernst Schmejkal vs. Vanessa Rousso

The matches will be single-elimination until the finals, a best of three match. Follow the action at PokerNews.

Minetti leads Seniors’ event, Schneider among final 23

Day 3 of the $1,000 Seniors’ No-Limit Holdem Championship resumes at 2:30pm with Michael Minetti leading the final 23 players with 1,038,000 in chips. Other notables returning include Michael Woo (523,000), Jack Ward (519,000), and Team Pokerati/Loudmouth Poker pro Tom Schneider (284,000). The full list of chip counts is at PokerNews.

Montgomery leads day 1a of 1k NL

Original November Niner Scott Montgomery (75,200) led the day 1a survivors in the $1,000 No-Limit Holdem event as the field played halfway through level 9 to get down to 286 players. Other notables: Neil Channing (64,500), Michael Gracz (52,700), Fabrice Soulier (39,125), Liv Boeree (24,275) and Leo Margets (22,875). The full list of chip counts is available at wsop.com.

Siegel super at day 1 of 3k HORSE

Day two of the $3,000 HORSE resumes at 3pm with Jordan Siegel leading the 207 players who remain with 66,900 in chips. Other recognizable names include: Darus Suharto (55,100), Dan Heimiller (52,100), Howard Lederer (44,400), Chau Giang (36,400) and Eugene Katchalov (29,900). The full list of chip counts is available at wsop.com.

Sunday’s tournaments

12pm is day 1b of the $1,000 No-Limit Holdem event, with a field of at least 1,000 expected. The 5pm tournament is the $10,000 Pot-Limit Holdem Championship, won last year by John Kabbaj in a field of 275 for $633,335.

Here’s a couple of hands from this year’s PokerStars Caribbean Adventure in the Bahamas.

The most recent hand came from the final table of the World Cup of Poker VI yesterday, as 2008 November Niner Darus Suharto is the victim of one of the worst slowrolls ever. Note: As this is a team competition, players are allowed to call a time-out in the middle of the hand.

The slowrolling came back to bite the Germans, as they were eventually eliminated by Canada, but it was the team from Taiwan Chinese Taipei who took down the title.

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The first three levels of the Main Event have seen over 900 players already hit the rail, leaving around 1,100 players returning from dinner break. The unofficial chip leaders are Brian Hanson and James Akenhead with 625,000 in chips. Other notables with an above average stack (currently around 170,000): Owen Crowe (555,000), Bertrand Grospellier (520,000), Sorel Mizzi (445,000), David Benyamine (402,000), Phil Hellmuth (390,000), Phil Ivey (360,000), Lou Diamond Phillips (345,000), Mike Sexton (297,000), Dennis Phillips (240,000), Tom Schneider (230,000), 2009 WSOP Player of the Year Jeff Lisandro (211,000) and Jason Alexander (190,000).

Notables who hit the rail:

Erik Seidel, Raymond Rahme, Jimmy Fricke, Jean-Robert Bellande, Bill Edler, Darus Suharto, Ville Wahlbeck, “Miami John” Cernuto, Bryan Micon, Roland de Wolfe and Sam Farha.

More stuff from Pokerati later this evening as the money bubble may be reached tonight, depending on how fast the eliminations go after dinner.

There’s been much talk online and off- about the long-awaited 60 Minutes story on the AP/UB cheating scandals — which we now know will air Sunday, to be seen by some 15 million viewers, far more than the 1.9 million who tuned in to see Peter Eastgate follow in Jerry Yang’s footsteps.

The generally spot-on Wicked Chops, for example, have been calling it a “hatchet job”. Well-informed poker-biz insiders have told me privately it’s going to be “terrible for poker”. I’ve even heard some say the WSOP’s cooperating with CBS will prove to be “Jeffrey Pollack’s downfall”.

I respectfully and wholeheartedly disagree.

The fear, of course, is that the piece will end up condemning the entire industry. But look, 60 Minutes doesn’t exactly have a history of botching stories in its 41 years on the air. They typically get pretty darn close to The Truth. There may be some short-term backlash to the not-so-pretty sides of online poker being revealed, but in the long run, we WANT the non-poker public to understand our dilemmas … and, assuming we really are on the right side of the UIGEA, some might argue we need them to.

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Players are off on dinner break … and the chip counts are nicely on display for all to see:

Ivan Demidov: 30,725,000
Peter Eastgate: 27,175,000
Dennis Phillips: 26,950,000
Ylon Schwartz: 20,475,000
Scott Montgomery: 20,300,000
Darus Suharto: 10,600,000

Damn, that’s tight poker. And I don’t mean tight tight … I mean close-tight.

Before dinner break, btw, Phil Hellmuth introduced Johnny Chan, and Hellmuth got more boos than Tiffany Michelle. He said, that’s OK, boo all you want … and the crowd that is at this point tired-drinky (think post-football game tailgate in college) obliged.

They were announcing a multi-year deal between the WSOP and ALL IN energy drink. Oy, I guess all I can say for now is that after going through my bajillion cases … I didn’t rebuy.

A few weeks back, a bunch of us got a press release from PokerStars boasting that six of The November Nine were Team PokerStars players. Now don’t get me wrong — I’ve got lots of friends at PokerStars and generally like what they do. But c’mon, who ya tryin’ to fool? Those guys aren’t really PokerStars players — at least not in the way Chris Moneymaker and Greg Raymer were!

So while I’m happy to share the official word on the Stars-heavy WSOP main event final table (even though none only one of their 2,000 true online qualifiers made it), I couldn’t help but try to get a little more info first on what goes into buying a temporary online team in an effort to increase the odds that the buyers will indeed get to be the site that crowns the next American (or non-American) Poker Idol:

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