Here’s a look at Saturday evening’s WSOP action, starting with the two bracelet winners:

Men Master’s Stud for Bracelet #7

The $10,000 Seven Card Stud World Championship was won by Men “The Master” Nguyen defeating Brandon Adams heads-up to win his 7th WSOP bracelet and $394,807, moving him into a tie for 5th place with Phil Ivey and Billy Baxter. The full results and Nolan Dalla’s tournament report are now online at wsop.com.

Dempsey Flush with a Bracelet

James “Flushy” Dempsey wins his first WSOP bracelet, in the $1,500 Pot-Limit Holdem event, defeating Steve Chanthabousay heads-up to win $197,470. A complete list of results plus Nolan Dalla’s report is at wsop.com.

Dwan Durrrrable in $1,500 NL

Day 3 of the $1,500 No-Limit Holdem has Tom “Durrrr” Dwan the chip leader (1,068,000) with 21 players remaining. Play resumes at 2:30pm to play down to a winner and PokerNews will be following all the action.

Lucky Thirteen Going for Limit Bracelet

Day 3 of the $1,500 Limit Holdem event has 13 players returning at 3pm to play down to a winner. Jason Potter moves into the chip lead (371,000) followed by day 1 chip leader Jameson Painter (307,000) in second. Terrence Chan (288,000), Matt Matros (272,000) and Frank Kassela (162,000) are the other notables returning this afternoon. Find all chip counts and live updates this afternoon over at PokerNews.

The 15% Solution

Day 1a of the second$1,000 No-Limit Holdem played about halfway into level 9 this morning, with 278 players, about 15% of the field, returning Monday at 2:30pm. This decision was made after last weekend’s $1,000 event had players getting eliminated too quickly, a problem Tao of Pokerati discussed with Ty Stewart. The current chip leader is Andy Black (90,275), with Phil Gordon (44,225), Jena Delk (34,300), Shaun Deeb (26,850), Victor Ramdin (23,350) and An Tran (20,350) are some of the recognizable names returning Monday at 2:30pm. The full list of players and their chip counts is now available over at PokerNews.

Binger Best in 2-7 Lowball

A field of 67 returns Sunday afternoon at 3pm for day 2 of the $1,500 No-Limit 2-7 Lowball, Single Draw with Nick Binger the leader with 54,300 in chips. Scott Seiver is in 2nd with 46,875, with Chino Rheem in 3rd with 42,725. Other notables include Dario Minieri (31,725), 2-7 Triple Draw Lowball winner Peter Gelenscer (21,925), Michael Binger (17,350) and Erick Lindgren (16,600). Only 28 make the money, with the winner earning $92,817. The full list of players counts is at PokerNews.

Sunday’s Bracelet Action

Starting at 12pm is day 1b of the $1,000 No-Limit Holdem event, will there be a smaller field like last week? The 5pm tournament starts the $10,000 Seven Card Stud Hi/Lo World Championship. Jeff Lisandro won this event last year in a field of 164, one of the three he won in 2009. Plenty of big names are expected to turn out for their chance to win a bracelet without so many donks in the field.

Wrapping up the Friday tournament action, with another bracelet winner determined:

Québécois LeFrancois wins $1,500 NL

Pascal LeFrancois, a 23-year old student from Quebec, won the $1,500 NL Holdem event, winning $568,974 along with the coveted WSOP bracelet. LeFrancois defeated Max Steinberg in heads-up play, with Steinberg collecting $352,916 for his runner-up finish. The full list of results, Nolan Dalla’s tournament report, and a first for the official winner’s photo, can be found over at wsop.com.

Schmelev and Mizrachi at it Again in 10k Stud

Twelve players remain for day three of the $10,000 Seven Card Stud World Championship with Vladimir Schmelev and Michael Mizrachi looking to renew their rivalry from the $50,000 Players’ Championship won by Mizrachi earlier this week. Schmelev is the current chip leader (921,000), with Mizrachi in third (544,000). Other notables: Nikolay Evdakov (543,000), Steve Bilirakis (448,000) and Men Nguyen (302,000). The full list of chip counts is now available at PokerNews.

Chanthabousay Leads Pot-Limit Final Table

The final table of the $1,500 Pot-Limit Holdem gets underway at 2:30 this afternoon. JJ Liu is the first woman to make a final table at this year’s, starting third in chips with 479,000. Here’s how the entire final table will look:

Armen Kara 220,000
Gregg Wilkerson 230,000
Mark Babekov 246,000
JJ Liu 479,000
Edward Brogdon 89,000
Scott Haraden 224,000
Steve Chanthabouasy 533,000
Joseph Williams 385,000
James Dempsey 528,000

Gupta Going Great in $1,500 NL

Day 2 of the third $1,500 No-Limit Holdem event resumes at 2:30 this afternoon with 291 players returning, 270 making the money. Venkatesch Gupta will be the leader with 199,100 in chips. Among the notables: Blair Hinkle (112,400), Shannon Shorr (64,300), Erick Lindgren (57,600), Jerry Yang (49,100), Tom Dwan (44,500) and Neil Channing (42,000). Team Pokerati’s Pat Poels finished the day in 288th place with 3300 chips. The full list can be found over at PokerNews.

Taking it to the Limit for Day 2

The $1,500 Limit Holdem event returns with 177 players returning at 3:00pm to attempt to play down to a final table. Jameson Painter, who finished 5th at the $2,500 2-7 Triple Draw event earlier this week, starts play today as the chip leader with 47,600. David Williams is 3rd in chips (41,800) with Jason Potter (32,800), Jeff Madsen (28,700) and Matt Hawrilenko (23,900) among the notables near the top of the standings. The full list of players returning can be found at wsop.com.

Saturday Tournaments

Saturday brings Day 1a of the second $1,000 NL Donkament to the WSOP at 12pm today, with about 4,000 runners expected over the next two days. The plan is to play ten one-hour levels today per usual, but if the pace of eliminations is as rapid as it was last Saturday, there could be a change in plans. The 5pm tournament is the $1,500 NL 2-7 Lowball Single Draw event, won last year by Phil Ivey when it had a $2,500 buy-in with a field of 147.

Recapping Sunday afternoon’s activities:

Mueller Muscling His Way to Bracelet #2

The final table of the $1,500 Limit Holdem Shootout has 6 players remaining after returning from their dinner break. Greg Mueller is the current chip leader (950,000), followed by Marc Naalden, Millie Shiu, David Williams, Flaminio Malaguti and Matt Sterling.

Erik Looking to put the 123 on the HORSE Field

Erik Sagstrom, an early Internet poker sensation, is the current chip leader (1,280,000) of the $50,000 HORSE with 31 players remaining. Ville Wahlbeck (775,000) is in 2nd place, followed by Vitaly Lunkin (735,000) in 3rd as the players take their dinner break. Day 2 chip leader Gus Hansen (670,000) is still in the top 10, along with Todd Brunson (610,000) and Freddy Deeb (560,000).

Hedler Ahead of the Field in $1,500 NL

Jason Helder (440,000) is the current chip leader in the $1,500 NL Holdem with about 120 players remaining as they try to play down to 9 before the 3am deadline. Notables with chips left include Men Nguyen, Cody Slaubaugh, Jason Potter, Owen Crowe and Vinny Pahuja.

Triple Chance NL Holdem

A field of 854 started today’s debut of the $3,000 NL Holdem Triple Chance event, with a field of approximately 400 remaining. No chip leader has been named yet, but the updates say that there’s a few players with stacks of 70,000 from their starting stacks of 9,000.

Stud 8 or Better

A field of 467 showed up for the $1,500 Stud 8 or Better event that started at 5pm, they have eight levels of play today, with the only notable casualty so far being Perry Friedman.

Check out www.wsop.com for more updates, and some stuff overnight from Pokerati.

Catching up on the goings on from a busy Saturday night:

Ivey Going for Bracelet #7…

Four players remain in the $2,500 Omaha 8/Stud 8 event, with Phil Ivey the current chip leader with over 1.1 million in chips. Ming Le, Carlos Mortensen, and Dutch Boyd round out the remaining players.

and #8?

Remarkably, Ivey is still in the field in the $5,000 PLO 8 or Better event with 23 players remaining, 18 make the money. He’s played very few hands in this event, but the ones he has played have given him a medium sized stack. The current chip leader is Anthony Lellouche with 357,000 in chips. Other notables include: Brett Richey (250,000), Scott Clements (155,000), Jeff Lisandro (124,000), and Ivey (92,000).

McCaffrey One to Beat in $1,500 NL

The final table of the $1,500 NL Holdem event now has six players remaining with Glenn McCaffrey the current chip leader with 2.64m in chips. Michael Greco battled back from a short stack to take second with 2m in chips, followed by Andy “BKiCe” Seth, “Pete the Greek” Vilandos, Dean Hamrick and Alan Jaffray, and round out the field.

Check-Raise FTW

The $1,500 Limit Holdem event is now down to 44 players with Glenn Englebert the leader with 144,000. Notables remaining include Rep Porter, Paul Darden, Noah Boeken, Justin Bonomo and Phil Tom.

Donking Around

The $1,500 NL Holdem donkament field has returned from their dinner break with 846 players remaining from a field of 2,641. Jason Potter is the unofficial chip leader at 28,000 and a cast of hundreds following behind him. Four more levels of play remain, unless they’re near the money and extend play for a few extra minutes.

Tete a Tete on the Felt

The $10,000 Heads-Up NL Holdem World Championship has concluded round 1, with the 2nd round starting at 10pm PT. Notables returning at that time include David Benefield, Dustin “Neverwin” Woolf, Tom Dwan, Greg Raymer, Brock Parker, and Chris Ferguson. Phil Hellmuth, Nam Le, Gus Hansen, Erick Lindgren, Vivek Rajkumar and Howard Lederer weren’t as lucky, as they were early eliminations.

A few more hours remain on Saturday, so check out www.wsop.com and Pokerati for more stuff.