Time for a recap of the Tuesday night tournament action:

Kassela bests Kessler at Stud 8

Frank Kassela outlasted Allen Kessler and the rest of a stacked final table to win the $10,000 Seven Card Stud Hi/Lo 8 or better World Championship along with $447,446. Jennifer Harman, Steve Zolotow, and John Juanda finished third, fourth and fifth respectively. A full list of the results and Nolan Dalla’s tournament report can be found at wsop.com or read what Pauly wrote about the final table here.

Baker leads 1k final table

Veteran pro David Baker leads the final table of the $1,000 No-Limit Holdem final table when play resumes at 2:30pm. Here’s how the rest of that table will be seated, with the winner pocketing $472,479:

Seat 1: Jared Hamby – 423,000
Seat 2: Daniel Thomas – 602,000
Seat 3: Matthew Vance – 1,731,000
Seat 4: Jeffrey Gross – 281,000
Seat 5: Mats Gavatin – 393,000
Seat 6: Nicholas Heather – 993,000
Seat 7: David Baker – 2,553,000
Seat 8: Kyung Han – 613,000
Seat 9: Steven Gee – 1,540,000

Phillips leads Day 3 of $1,500 6-max

Carter Phillips (922,000) leads the remaining 16 players who’ll return at 2:30pm to determine the winner of the $1,500 No-Limit Holdem 6-max event. Other notables returning include Mark Flowers (545,000), and Jimmy Tran (219,000). The full list of players remaining are at PokerNews.com.

Goosen Leads 5k NL Day 2

Steven Goosen (229,000) leads the 202 players who made it through the first ten levels of the $5,000 No-Limit Holdem who return at 2:30pm. Other notables also returning: Chino Rheem (185,800), James Dempsey (165,800), Michael Gracz (131,800), Tony G (98,500), Joe Sebok (88,100), Phil Hellmuth (82,100), and TJ Cloutier (77,200). The full list of chip counts is now online at PokerNews.

Wednesday’s Tournaments

The doubleheader returns to the WSOP this afternoon, first is the $2,000 Limit Holdem event starting at 12pm. Dutch pro Marc Naalden won this event last year in a field of 446 for $190,770. At 5pm is the $10,000No-Limit 2-7 Lowball Single Draw World Championship, last year won by Nick Schulman for $279,751 in a field of 96. This event starts you out with 7,500 in chips with three additional “rebuy” chips, each good for 7,500 in chips to be added to your stack anytime during the first four hours.

Follow along at home starting at high noon over at PokerNews or www.wsop.com

Recapping Monday’s WSOP, with another bracelet winner awarded:

Yan Chen Lowball Winner

The $1,500 No-Limit 2-7 Lowball, Single Draw champion was Yan Chen, a cash game veteran defeated Mike Wattel heads-up to earn his first bracelet, along with $92,817. The full results and Nolan Dalla’s tournament report are online at wsop.com. Check out a brief documentary on Chen, which I believe appeared on Pokerati a while ago, here.

18 Left for Day 3 of 10k Stud 8

Day 2 of the $10,000 Seven Card Stud 8 or Better World Championship concluded with 18 players returning at 3:30 this afternoon, but only 16 will make the money. The current chip leader is Frank Kassela (515,000), followed by Sergey Altbregin (497,000) and Kirill Rabtsov (388,000). Other notables returning include John Juanda (368,000), Allen Kessler (316,000), Steve Zolotow (301,000) and Vladimir Schmelev (275,000). Here’s the full list of the remaining field.

Vance leads day 3 of $1,000 NL

Matt Vance (547,000) will lead the day 3 field of $1,000 No-Limit Holdem event with 56 players remaining. Other notables returning at 2:30 to maybe play down to a winner: Mats Gavatin (453,000), Carl Olson (325,000), Jared Hamby (217,000) and Ylon Schwartz (183,000). See the full list of chip counts here.

Teska Tops for Day 2 of $1,500 NL 6-max

The $1,500 No-Limit Holdem 6-Max event drew a field of 1,663 players, with the field making the money near the end of play. When the 146 players return at 2:30 this afternoon, Roger Teska (221,000) will start with the chip lead, with familiar names David Sands (117,800), JP Kelly (92,900), Mark Seif (70,300), and Bryan Micon (65,500). Event 16 chip counts here.

Tuesday’s Tournament

The only tournament starting today is at noon, the $5,000 No-Limit Holdem event should bring out a strong field of pros, both live and online. Last year’s event was won by Brian Lemke, cousin of Justin Shronk, for nearly $700,000. Follow all the action this afternoon at WSOP.com or PokerNews.

They’re into the money in the $25k WPT World Championship Event. Every remaining player is guaranteed $39,570 (a $14.5k payday) while they compete for the $3.4 million first prize.

As of this moment, there are 85 players left — Anna Wroblewski just went out … she was looking strong all tourney long. Our best friend Tom Schneider is still alive with a slightly above average stack. (Notice he’s our best friend as opposed to just a friend or Pokerati contributor now that he’s secured the money. If he can make the final table, he’ll be our super-best-very-best friend … and I’m sure that’s what’s motivating him.)

Other names of note (to me) that are still live include Carlos Mortenson (defending champ), Rhynie Campbell (met him last night, he seems funny and cool), Mark Seif (who’s been keeping people posted about the condition of his wife’s cervix), Isabelle Mercier and Kristy Gazes (attractive women), Jared Hamby (Go Texas!), Tommy Le (one of my MySpace friends with a really cool name), Steve and Danny Wong (Go 2007 Fantasy Team!), and TJ Cloutier (Go same Dallas flight!)