Recapping Tuesday afternoon’s action:

Lunkin Leads Six Pack of HORSE Finalists

Six players remain in the 50k HORSE, when they return from their dinner break at around 9pm PT, with the players returning to limits of 80k/160k:

Vitaly Lunkin 3,760,000
Erik Sagstrom 3,395,000
John Hanson 3,075,000
Huck Seed 1,730,000
David Bach 1,185,000
Ville Wahlbeck 955,000

The final table is available on ESPN360, www.bluffmagazine.com/live and wsop.pkr.com

Peisert Looking to Give Germany Bracelet #2

Jorg Peisert leads the final six players at the final table of the $3,000 Triple Chance NL Holdem. Michael Katz, Jason DeWitt, Benjamin Gilbert, Michael Noda and Jason Somerville make up the remaining field.

Kohler Looking to Sink Halpern in Stud 8

William Kohler and David Halpernare headsup for a bracelet in the $1,500 Stud Hi/Lo 8 or Better with Halpern currently holding the lead. Congrats go to Matt Savage, who finished in 5th, and a belated congrats to Norman Chad, for his 32nd place finish earlier today.

Boivin Buoyant in $1,500 NL

Day 2 of the $1,500 NL Holdem has about 130 players remaining, trying to whittle the field down as much as they can before the 3am deadline, which will certainly create a long day 3 tomorrow. Don Boivin (401,000) appears to be the chip leader at this time, with Vivek Rajkumar (115,000), Alex Bolotin (88,000), Richard Lee (64,000), Raymond Rahme (54,000), some of the notables remaining.

Libson Looking Live in Triple Draw

Brad Libson (164,000) leads the remaining 33 players in the $2,500 2-7 Triple Draw Lowball, of which 24 will make the money. Notables remaining include: Abe Mosseri, John Juanda, Jerrod Ankenman, Hasan Habib, Allen Kessler and Julie Schneider. They’ll be playing down to the final 7 players or the 3am deadline, whichever comes first.

$5k NL Six-Handed

The final prelim of this year’s WSOP, the $5,000 NL Holdem Six-Handed event drew a field of 928 entries, of which 384 return from the dinner break. The winner will take down just over $1,000,000, which is the third largest first place prize of this year’s WSOP, following only the 40k NL and $50k HORSE.

Unfortunately, there’s no established chip leader, but if you head to www.wsop.com one may be better established during the evening. Also check out Pokerati to see if Dan will have some exciting news, like the Jack Link’s Stacked Jacks promotion.

Recapping Monday night’s tournament action:

Final Table Set in 50k HORSE

The final table of the $50,000 HORSE was established early Tuesday morning, with Gus Hansen the unfortunate final table bubble boy. Here’s how the final table will be seated, with streaming coverage starting around 2pm PT at www.espn360.com and wsop.pkr.com:

Seat 1: Ville Wahlbeck – 645000
Seat 2: Erik Sagstrom – 3675000
Seat 3: John Hanson – 1700000
Seat 4: Huck Seed – 1380000
Seat 5: Vitaly Lunkin – 2490000
Seat 6: David Bach – 2345000
Seat 7: Erik Seidel – 965000
Seat 8: Chau Giang – 1075000

While Lunkin and Wahlbeck will be trying to win their 2nd WSOP bracelet this year, Wahlbeck will lead the WSOP Player of the Year race with just two tournaments remaining if he finishes first.

Carsten Joh Wins One for Germany

Carsten Joh took down the next to last $1,500 NL Holdemtournament picking up a WSOP bracelet and $664,426, besting Andrew Chen in heads-up play.

DeWitt DeLeader in Triple Chance

Jason Dewitt (1,599,000) leads the remaining field of 16 in the $3,000 Triple Chance as they play down to a winner starting at 1pm this afternoon. Among those trailing behind Dewitt: Alex Millar (1,006,000), Karga Holt (715,000), Jason Somerville (320,000), Max Greenwood (294,000), Eric “rizen” Lynch (230,000) and An Tran (216,000).

Swinford Stud Leader

Brian Swinford leads (292,000) the day 3 field of 14 in the $1,500 Stud Hi/Lo 8 or Better when play resumes at 1pm this afternoon. Notables remaining: Chad Brown (284,000), Max Stern (216,000), Allie Prescott (202,000), Richie Sklar (134,000), Matt Savage (106,000) and Vince Burgio (40,000).

Christensen Leads Final $1500 NL Event

Jon Christensen of Oslo, Norway leads the field when day 2 of the $1,500 NL Holdem returns Tuesday afternoon with 160,800 in chips with action resuming at 2pm. Among the notables among the 397 returning players: Alexandre Gomes (76,000), Raymond Rahme (51,800), Dean Hamrick (39,500), Richard Lee (and his San Antonio sweatshirt – 34,300) and Vivek Rajkumar (31,800). 297 players will get paid over the next two days as they get close to the final table by the 3am deadline.

2-7 Triple Draw

Adam Ewenstein (71,800) leads the returning 73 players for Day 2 of the $2,500 2-7 Triple Draw Lowball, with only 24 players making the money when play resumes at 2pm. Notables returning: Rick Fuller (55,200), Blair Rodman (46,500), Tuan Le (42,000), Justin “Boosted J” Smith (33,700), Shawn Sheikhan (31,100), Julie Schneider (25,700), David Sklansky (22,600), and Jimmy “Gobbo” Fricke (18,700).

Tuesday’s Tournament

The final preliminary tournament of this year’s WSOP starts at 12 noon with the $5,000 NL Holdem 6-max event, won last year by Joe Commisso in a field of 805 for over $900,000. The WSOP Staff Guide projects a field of 865 today, which could delay the start of Day 2 in the $1,500 NL and $2,500 Triple Draw Lowball events.

Live updates of the last day of six tournaments begins around noon at www.wsop.com and Pokerati will surely have all sorts of stuff during the other parts of Tuesday.

We all know Richard Lee settled his case — pleading no contest and forfeiting more than $2 million dollars to make it all mostly go away. That seems to be the way it goes with enforcing the Class A misdemeanor of “operating a gambling place” … “like seriously, don’t make us try to send you to jail, just give us all your money and everything will be fine.”

Earlier this month, with approval from Texas Attorney General Greg Abbott, Bexar County officials released the names of Lee’s alleged punters. Some 3,200 of them — the juiciest ones, presumably, redacted … complete with cell phone numbers, you know, so other bookies can find these customers in need. Click here to see for yourself, and let us know if you recognize any celebs on the Lee-List. I definitely maybe know one dude from Dallas on there. I think he plays poker. He lives kinda near where there used to be a poker room. Sounds vaguely and theoretically familiar.

From KSAT:

According to [Bexar County District Attorney Susan] Reed, though, the list does not mean her office will pursue charges against those on the list.

“Being the number of names on here, being a Class C misdemeanor… the cost of that would be incredible,” she said. “(It’s) not something I’m interested in spending a huge amount of taxpayer money on.”

That’s the story and he’s sticking to it.

Pleading no contest and saying goodbye to that much money means one of two things. Either:

1) He made so much money from his legally questionable online gambling business that $2.2 million is simply an affordable nuisance “cost of doing business”

or

2) This was a deal worked out not just with prosecutors (who wanted to send Lee to jail on felony charges) but also with Lee’s top customers, who supposedly included some of the most powerful people in San Antonio, including the former mayor, in which case they might have let him know they would make it up to him.

NOTE: Link fixed.

The state wants to confiscate the money found at his house — about as much as he won in the 2006 WSOP — and other assets for good. Arraignment on charges of running an illegal bookmaking operation (based in Costa Rica) is scheduled for November 7th.

Yet another fascinating poker-related shakedown legal case that could be rough on the defendant(s). But considering “The Chinaman’s” connection to the mayor of San Antonio and other prominent figures — and the questionable strength of the laws he’s accused of violating — we’ll have to see how hard they are willing to press.

We’re hearing some interesting rumors from reliable sources about a fundraising poker tournament that didn’t happen in San Antonio this weekend. The purpose was reportedly to raise money for the American Legion there — with top prize being a WSOP main event seat. Either that prize was donated by none other than Richard Lee … or Lee had something to do with the organization of it. But apparently the cops shut it down before it happened.

Ahh, remember the good-ole-days when the police could just look the other way?

For those of you who may not recall, Lee was the well-connected, family-lovin’ San Antonio bookie businessman who finished 6th in last year’s WSOP main event (winning a cool $2.8 million) … only to have his hometown police rain on his welcome-back parade by busting into his house to confiscate cash and cars on allegations that he was running an online gambling ring. His case is still pending.

So much going on with the Richard Lee case. He’s friends with the mayor, yet San Antonio PD has been investigating him for months. He’s allegedly the bookie to the stars in San-An, or at least to a lot of prominent judges, lawyers, and other big-city players.

He also happened to be playing on PartyPoker when the raid went down. A few SWAT guys and everything, one of whom was a poker player and couldn’t help but ask him about a few hands. And the Bexar County DA is now saying (unequivocally?) that playing online poker is in fact a crime in Texas. Wow, and yeow.

All this while the Senate is a few days away from beginning consideration of federally prohibiting online gambling/gaming/poker of any sort (except for lotteries and horse racing).

I gotta say, I feel good that so much of all the challenges ahead are falling in the lap of Richard Lee, as opposed to Jamie Gold. Gives me the sense that whatever happens, poker is gonna be OK.

Meanwhile, I’ve been getting scooped on much of this by my own girlfriend at PokerBlog. (Bitch! Well done, Sweetie.)

Wicked Chops and CardSquad are keeping on top of things very well, too.

And by the way, to the commenter who wondered why a potential bookie story has anything to do with the “war on poker” … if you don’t see it now, just stick around. You will see.

We’re all in for a fun ride.

Here’s the latest on Richard Lee … who shows why, regardless of what crime he may or may not have committed, he’s probably a good-guy.

Compare Lee’s first public statement on his legal troubles to that of Jamie Gold … who hired a PR firm to spew a bunch of yadda-yadda bullshit.

This just in … a few hours ago police in San Antonio raided the home of Richard Lee — 6th place finisher in the WSOP.

Click here to see the TV news report.

Police reportedly were executing a warrant that allowed them to seize everything inside his estate in the tony Shavano Park neighborhood … because cops claim possessions inside may all be ill-gotten gains. According to a police spokesman, this was not a raid to arrest Lee, but it was part of an investigation into a “major” online gambling ring.

Wow wow wow.

Of all the final tableists, Richard Lee was arguably the nicest guy there. The anti-Jamie Gold. After he busted out in 6th place (winning $2.8 million), I asked him:

You’re the only one at the final table not wearing anything from an online poker site. Why is that?

His answer:

“I don’t need the money, I have plenty of money, and I decided that I wasn’t going to endorse anyone but God, my family, and San Antonio, Texas.”

Yee-haw! I screamed on the inside. I looked over at Nolan Dalla, because he knew what I was getting at with my question, and being a Texan, he, too, likely felt the internal whoop.

Anyhow, it was an impressive statement by Lee. Supposedly the going rate to wear an online poker site’s gear at the main event final table was $500k. (As opposed to $50k at other televised final tables.) But if what police are suspecting is true, then huh … wonder if there wasn’t some other reason he didn’t want to attach his name to any semblance of an online gaming site.

(Mean Gene can add another one to his entertaining POKER: CSI line-up.)

UPDATE: Here’s the San Antonio Express-News on the investigation.