Time to recap the Saturday afternoon action:

Lindgren and Nguyen highlight 5k 6-max FT

Six players remain at the $5,000 No-Limit Holdem 6-max final table with Jeffrey Papola (2,340,000) leading when play resumed at 9pm. The rest of the final table is made up of Erick Lindgren (1,670,000), Men Nguyen (1,505,000), Orlando Delacruz (1,100,000), Bruno Launais (1,003,000) and Mark Radoja (480,000). Follow the action at PokerNews.

Velador vibrant at PLO/PLH FT

Eight players remain in the $2,500 Pot-Limit Omaha/Pot-Limit Holdem final table with Jose Luis Velador (985,000) holding the chip lead. Kevin MacPhee (631,000), David Chiu (437,000), Rob Hollink (323,000), and Victor Ramdin (200,000) are the notable names remaining, follow the action at PokerNews.

10k NL HU at Round 4

The $10,000 No-Limit Holdem Heads-Up Championship is currently at round 4 with players now in the money. Among the round 4 winners: Faraz Jaka, Bertrand “ElkY” Grospellier, Brian Rast, Kido Pham, Ludovic Lacay and Jason Somerville. One more round is scheduled for 11pm tonight, with the 8 survivors playing to a winner Sunday afternoon. See who else moves on at wsop.com.

Seniors’ sauntering along at day 2

Less than 150 players remain as play continues on day 2 of the $1,000 Seniors’ No-Limit Holdem Championship with Duane Gerleman (210,000) reported as the chip leader. Other notables in the hunt: Team Pokerati/Loudmouth Poker pro Tom Schneider (181,000), Berry Johnston (110,000), Susie Isaacs (60,000) and John Spadavecchia (55,000). Find more info over at wsop.com.

Day 1a of 1k NL underway

A field of 2,485 1,987 started day 1a of the $1,000 No-Limit Holdem with around 550 players remaining, scheduled to play 10 levels or down to about 360 players, whichever comes first. Notables who’ve grown their 3,000-chip stack: Scott Montgomery (25,000), Liv Boeree (24,700), Neil Channing (18,000) and Lee Childs (11,000). More updates and chip counts can be found at PokerNews.

3k HORSE field saddles up

The 5pm tournament today, $3,000 HORSE, drew a field of 478 entrants with the top 48 making the money, with the winner earning $329,840. The early leader is Robert Willamson III with 16,000 in chips, followed by Andre Akkari (13,000), Shaun Deeb (12,500), Matt Savage (11,700) and Scotty Nguyen (10,500). More updates as eight levels of play is scheduled at PokerNews.

Recapping Thursday’s action with two bracelet winners:

Keikoan grinds out 10k limit title

After almost five hours of heads-up play, Matt Keikoan defeated Daniel Idema in the $10,000 Limit Holdem World Championship. Keikoan earns $425,969 and his second WSOP gold bracelet, while Idema will have to be consoled with earning $263,244 for the runner-up finish. Full results and Nolan Dalla’s tournament report are available at wsop.com.

Proulx powers his way to PLO bracelet

Miguel Proulx dispatched Loren Klein in heads-up play to win the $2,500 Pot-Limit Omaha bracelet along with $315,311 early Friday morning. Klein pockets $195,147 for falling just short of the bracelet. Dalla’s report and full results at wsop.com.

Gonzales leads 1500 NL field for day 3

Day three of the $1,500 No-Limit Holdem has Christopher Gonzales leading the field with 1,315,000 in chips as 21 players remain when play resumes at 3pm to play down to a winner. Other notables: Neil Channing (461,000), Jean Gaspard (413,000), and David Sands (346,000). Chip counts for the remaining field is online at PokerNews.

Puchkov leads HORSE field on final day

The final day of the $1,500 HORSE will have Konstantin Puchkov (465,000) leading the final 24 players when play resumes at 3pm. Others looking to make their way to the top include Robert Mizrachi (238,000), Allen Kessler (229,500), Cliff Josephy (165,500), Chip Jett (120,000) and defending champion James Van Alstyne (111,500). The full field is now online at PokerNews.

Harder holding 5k 6-max lead for day 2

Day two of the $5,000 No-Limit Holdem 6-max event has 116 players remaining when play resumes at 2:30 this afternoon with Christian Harder the chip leader with 258,700. Other big names returning to win the $667,433 top prize include David “Devilfish” Ulliot (176,000), Phil Ivey (148,300), Isaac Haxton (123,100), Chad Brown (101,400), and Todd Terry (99,500). The full list of chip counts can be found here.

Smith boosted into PLO/PLH lead

Justin “Boosted J” Smith (130,000 in chips) leads the day 2 field of 126 survivors in the $2,500 Pot-Limit Holdem/Pot-Limit Omaha event when action resumes at 3pm. The tournament drew 428 entrants, with the top 45 making the money, with $260,517 going to the winner. Other notables returning include Victor Ramdin (54,750), Ashton Griffin (44,000), Jeff Lisandro (40,200),

Friday’s tournaments

Two tournaments on Friday’s agenda, with the 12pm event the $1,000 Seniors’ No-Limit Holdem Championship, with players who are 50 years old and over eligible to participate. Last year’s winner was Michael Davis who defeated a field of 2,707 entrants, good for $3437,358. The 5pm tournament is the $10,000 Heads-Up No-Limit Holdem Championship, guaranteed to attract a sold-out field of 256. Last year Leo Wolpert was the winner, earning $625,682.

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.

It’s now official, the LAPT tournament at the Marival Resorts and Suites in Nuevo Vallerta, Mexico has now been canceled according to Dr. Pauly over at Pokernews.

How it’s being resolved is that the remaining 89 players (among them Greg Raymer and Victor Ramdin) will evenly chop the prize pool, meaning they’ll each take home about $7,000 got $5,000 from the prize pool, with the remaining prize pool given to the players based on their chip count, plus an additional $500 from Pokerstars for their troubles. Expect a more official statement at Pokerstars.com in the very near future.

Update: Pokerstars released the following statement on their LAPT site:

The Latin American Poker Tour (LAPT) confirms that it is cancelling the poker tournament in Nuevo Vallarta, Mexico, due to an indefinite suspension served on one of its local partners.

The LAPT states it has cooperated fully and in good faith with the requirements outlined by the Mexican government. The LAPT respects and abides by local regulations in each market.

LAPT’s partner in Mexico obtained a formal ruling from the Mexican Ministry of the Interior (SEGOB) allowing the event to take place. As the LAPT compiled with every rule stipulated by the Code of the Mexican Federal Law of Games and Raffles, the reasons for suspension are being reviewed by lawyers of all parties.

Play ended on an explosive note last night as Phil Hellmuth’s antics earned him a 1 orbit penalty for his prolonged verbal attack on Cristian Dragomir on the last hand of play. 79 players return at 12 today to play down to the final 27, however long that takes. There’s still two women in the field (Tiffany Michelle 5th with 3,438,000 and Lisa Parsons 73rd with 581,000). The leader is Mark Ketteringham, with 5.8m in chips,Andrew Brokos in 2nd with about 4.08m, and Nikolay Losev in 3rd with 4.06m. Notable names remaining include David Benefield, Brandon Cantu, Kido Pham, David “Chino” Rheem, Mike Matusow, Hellmuth, Victor Ramdin, Matt Matros, Keith
“The Camel” Hawkins, Alex Outhred, and Thomas Keller. To see everyone’s situation in terms of chips and where they sit, head to page 2:

More…

747 733 players survived to make the dinner break, trying not to crash eliminate themselves just short of the money at a devilish 666. Strangely, the current chip leader has less chips than the leader at the end of day 2 as Brian Schaedlich, who started with 801,000 in chips has gone under 300,000 in chips after Jeff Kimber flopped a set of queens to Brian’s AA in a 681,000 chip pot (he’s since recovered to be just under 500,000 in chips). However, the leader going into the dinner break is Jeremiah Smith, with 766,000 in chips. Kimber’s in 4th with the Satan-like 666,000, other notables with a pretty good stack include Victor Ramdin, prospective member of Team Pokerati Raja Kattamuri, Matt Matros, Adam “Roothlus” Levy, James McManus (not the author), Chip Jett, Brandon Cantu, and Steve Bilirakis. Notable players who won’t have to worry about the bubble: Chris Moneymaker, Phil Gordon, Tony Hachem, Andy Griggs, and Steve Zolotow. More updates can be found at the WSOP.com site here.

Once the players return from dinner break, there’s a couple more two-hour levels left for today, but the bubble will be looming in that first level, we’ll see if the tournament staff adds time back to that level and maybe stop play after it’s broken, depending on the time of course.

First, some belated congratulations to the winners of the tournaments that started on Monday. The media tournament was won by Brett Collson of pocketfiveslive.com (he donated his $5,000 prize to the Wounded Warrior Project. The casino employees winner was Jonathan Kotula, who works at the O’Sheas casino on the LV Strip.

Day 2b of the Main Event started with almost 2,400 players looking to play again tomorrow for day 3. The dinner break started a few minutes ago, and about 1,400 players are still in action today as they finally got everyone into the Amazon Room at the Rio. The current leader appears to be Steve Lade, who has about 380,000 in chips. Notables near the top: Day 1c leader Hennig Granstad, Victor Ramdin, David Singer, a much slimmer Thomas “Thunder” Keller, Nenad Medic, Evelyn Ng and Chip Jett. You can follow all the action when they return around 8:45pm Vegas time at the WSOP website here.

More updates later…

Registration is finally over for the Main Event, and a record 2,461 took to the felt today in their quest to be part of the November Nine and take down the over $9.1m first place prize. Among those who’ve already been eliminated today: Phil Ivey, Jennifer Tilly, Andy Bloch, Jose Canseco, Annie Duke, Allen Kessler, David Williams and Noel Furlong. The leader at the dinner break appears to be Brad Tisdale with about 112,000 in chips. Notables towards the top of the leaderboard: Victor Ramdin, Thomas “Thunder” Keller, Aaron Kanter, Jean-Robert Bellande, Brandon Cantu, Mark Newhouse and Antonio Esfandiari. You can follow the players as they return from their dinner break at the WSOP.com site here.

More updates later this evening…

What’s happening at the WSOP in Vegas, while some may be planning their itinerary around the WSOP Europe (press release found on page 2).

The $1,500 HORSE event is down to their final table, and Phil Hellmuth is currently in 2nd place as he looks to take down his 12th bracelet. To see if Hellmuth gets that 12th bracelet, you can catch the live updates here. Here’s what the final table will look like as they’re now on their dinner break:

Seat 1: James Schaaf – 392,000
Seat 2: Matt Grapenthien – 46,000
Seat 3: Sam Silverman – 310,000
Seat 4: Phil Hellmuth – 400,000
Seat 5: Jason Dollinger – 346,000
Seat 6: Tommy Hang – 680,000
Seat 7: Victor Ramdin – 78,000
Seat 8: Esther Rossi – 166,000

The $10,000 Pot Limit Omaha World Championship is down to 5 players as they take their dinner break with Marty Smyth recently doubling through Michael “The Grinder” Mizrachi to take the chip lead. Kido Pham ran into Mizrachi at the wrong time and was eliminated in 6th place. Follow the action at the wsop.com website here.

Other tournament action, plus the 2008 WSOPE announcement, on page 2:

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What’s been happening at the WSOP since last night, while Dan Michalski anxiously awaits his attempt to make good on his $300 All-In “investment”:

The $10,000 Pot Limit Omaha final table has been set, this group of 9 faces the hot lights of the ESPN cameras:

Seat 1: Kido Pham 1,080,000
Seat 2: Brandon Moran 1,286,000
Seat 3: Peter Jetten 492,000
Seat 4: Michael Mizrachi 1,767,000
Seat 5: Billy Argyros 729,000
Seat 6: Greg Hurst 637,000
Seat 7: Tom Hanlon 192,000
Seat 8: Marty Smyth 1,068,000
Seat 9: Richard Harroch 372,000

The other final table scheduled for today and the other tournament action on the next page:
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Louis Lee continues to kick arse at the US Poker Championship in Atlantic City. They’re down to three and he’s the middle in chips. Go Louis!

By the way, one hand that deserves mention … Louis knocked out Victor Ramdin, who was previously belittling his play and claiming he would take all of Lee’s chips. From PokerListings:

Sickening!
Louis Lee raises to $68,000 on the button and Victor Ramdin comes over the top all-in for another $205,000 from the small blind. Ed Brogdon gets out of the way in the big blind and the action’s on Lee, who ruminates for a few minutes, saying, “This would be the sickest thing in the world if I called this.”

It is the sickest thing in the world, because Lee calls with [cards]Kd 7c[/cards] and is way behind Ramdin’s [cards]Ah Ks[/cards]. The flop is cruel, coming [cards]Qc 7d 6c[/cards], and after the turn is the [cards]Qs[/cards] the river is the [cards]9s[/cards] and Victor Ramdin, who yesterday told Lee he’d take every last one of his chips before the tournament was over, has been eliminated at the hands of the man he’d trash talked.

Ramdin is out in fifth place and will take home $71,586 to add to the coffers.

Awesome. You can see why I am such a big Louis Lee fan.

UPDATE: They’re down to heads-up. Louis is guaranteed $318k … winner takes home $606k. He has 1.6 million chips, to Adam Gerber‘s 3.8 million.

UPDATE: Rough hand … but Lee couldn’t lay down his boat and he got 2nd place:

Louis Lee limps-in and Adam Gerber pops it to 125,000. Lee makes the call and the flop comes [cards]6d 6c 5c[/cards]. Gerber checks and Lee bets 200,000. Gerber immediately pops to 500,000 and Lee makes the call. The turn is the [cards]6h[/cards] and Gerber moves all-in, putting Lee to a decision for his tournament life.

Lee tanks for a good five minutes, standing and pacing and trying to figure out his move. After an agonizing deliberation he makes the call, shoving his stack into the middle and turning up [cards]5s 3s[/cards] for the boat. Gerber has a better boat, however, with [cards]8s 8h[/cards] and Lee is drawing dead. After the [cards]Kc[/cards] hits the river it’s official; Adam Gerber is USPC Champ!

While Louis may be rethinking the call for a while, one thing that probably makes it a little more stomach-rumbly is the chop he turned down. When they got to heads-up, Gerber (the 2.5x bigger stack) offered him $450,000 and they’d play for the bracelet and a Rolex. Very fair, he agreed, but Louis wanted to play it out.

Still, nice debut performance on the high-stakes circuit. Big congrats to LL.

Louis Lee, sitting pretty at the final table in his first $10,000 event, is no longer being underestimated by his competition. [photo: Dale Perryman]

The story of Louis Lee has made the USPC entertaining for some of us to follow — moreso than, say, Gavin Smith, who busted out in 9th place when his two-pair couldn’t hold up against a flush draw. With eight players remaining, Lee, who has just $4,000 in major tournament winnings prior to this event, is 2nd in chips with 1.35 million. His trash-talking next-door neighbor Victor Ramdin (last week’s cover of CardPlayer, by the way) is 5th with 322k. Fun!

While this tournament hardly qualifies as a “major,” it still offers potentially life-changing money to the winner. $32k to the next player out; $600k to the last man standing. That’s a big-time sit-n-go no matter how you look at it. (Can we say chop?) For a not-so-winning player like yours truly, it’s kinda extra cool to see a guy sitting next to me at a 2/5 table at WinStar just a month ago in this situation.

Louis and his poker buddy Dale were kind enough to keep us updated throughout Day 4. Click below to see how he got to the final table in such a strong position, where he can theoretically weather a bad beat or two, and totally dominate if he happens to get a tad lucky:

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An update on the US Poker Championship at the Taj Mahal in Atlantic City as they get near the money bubble. For all you Louis Lee fans out there:

Up to 460,000 chips. 22 players left. Ramdin crippled Bill gaze. Pocket 10 held up to pocket 7. Gaze out. got most of my chips from ramdin.

Excellent. Final table in his sights.

Coverage from PokerPages here.

Coverage from PokerListings here.

UPDATE: From PokerListings:

As we start hand-for-hand play, Victor Ramdin turns to seatmate Louis Lee and tells him, “I promise by the end of the tournament I’m going to take every one of your chips. I promise. And you know why? Because you play bad. You’re playing bad poker. And people who play bad poker, I take all of their chips.”

Awesome … Ramdin sounds like a break-even online player.

With 27 players remaining in the U.S. Poker Championship, held at the Taj Mahal in Atlantic City, Louis Lee from Plano will start Day 4 tomorrow 4th in chips. Jeff Madsen is the fairly dominant chip leader, followed by his party pal Gavin Smithr. Other recognizable names still alive in this $10k event include Allen Kessler, Victor Ramdin, Cliff Josephy (aka JohnnyBax), and Bill Gazes.

Eighteen get paid, with first prize being a little more than $600,000. (164 players started — kinda small, no?)

PokerPages is the only outlet following the action semi-live …

CORRECTION: PokerListings is at the USPC tables, too.

Louis’ up-and-coming tournament history here.