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World Series of Poker -- Steven Kelly Wins Event No. 39 ($1,500 No-Limit Hold'em Shootout)

Captures First Bracelet and $381,922

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Steven KellySteven Kelly entered the final day of event No. 39 ($1,500 no-limit hold’em shootout) with one of the slimmest poker résumé remaining.

However, early Thursday morning at the 2010 World Series of Poker, Kelly became one of the more accomplished.

His first major tournament score was two weeks ago in event No. 16 ($1,500 no-limit hold’em six handed). His second deep run resulted in a bracelet and $381,922 in prize money.

Kelly navigated through two ten-handed tables to reach the final 14 on the last day of play. Starting with the same number of chips as experienced pros J.C. Tran, Annette Obrestad and Jeff King wasn’t a problem for Kelly.

AnnetteObrestad

When all the chips were done being shuffled, Kelly had beaten King in a quick heads-up contest. King fell short once again at his fifth career WSOP final table.

21-year-old Obrestad’s first WSOP had the chance to be a historic one on Wednesday in the event.

The 2007 WSOP Europe Main Event Champion flirted with the chip lead early on, but lost a couple of crucial coin flips that rendered her short stacked. She eventually fizzled out in 11th place for her third, and by far the deepest, cash of the 2010 WSOP.

Here is a look at the final results:

1. Steven Kelly — $381,922
2. Jeff King — $236,819
3. Derric Haynie — $161,117
4. Dustin Dirksen — $112,214
5. Reagan Leman — $78,361
6. Brett Shaffer — $56,446
7. Paul Varano — $40,887
8. Michael Cooper — $30,119
9. Justin Scott — $22,575

Here are the elimination hands as featured in Card Player’s live updates:

Justin ScottJustin Scott Eliminated in 9th Place ($22,575)

Michael Cooper opened to 65,000 and Justin Scott moved all in for 200,000. Action was folded back to Cooper and he made the call. Cooper exposed the AHeart SuitJClub Suit and was racing against the 7Spade Suit7Club Suit of Scott. The flop came JHeart Suit9Club Suit2Heart Suit as Cooper hit a pair of jacks. The turn and river bricked for Scott and he was eliminated. Cooper was at 500,000 after the hand.

Michael Cooper Eliminated in 8th Place ($30,119)

Michael Cooper shoved for 343,000 and Dustin Dirksen moved all in over the top. Everyone else folded and Cooper tabled the AHeart SuitQDiamond Suit and was in great shape against the ADiamond Suit10Diamond Suit of Dirksen. However, the flop came ten high, giving Dirksen a pair. The pair of tens held and Cooper was eliminated. Cooper was out in eighth and Dirksen was at 760,000 after the hand.

Paul Varano Eliminated in 7th Place ($40,887)

Paul Varano moved all in for 260,000 and Steven Kelly called from the small blind. Kelly exposed pocket aces and Varano tabled the ASpade SuitQHeart Suit. The board ran out dry for Varano as it came 10Club Suit4Club Suit4Spade Suit7Spade SuitQClub Suit and he was gone. Kelly was up to 910,000 after the hand.

Reagan LemanBrett Shaffer Eliminated in 6th Place ($56,446)

Brett Shaffer opened to 80,000 from the cutoff and Jeffrey King defended his big blind. The flop came JSpade Suit8Club Suit7Club Suit and King checked. Shaffer bet 150,000. King raised to put Shaffer all in. Shaffer called and tabled the AClub Suit3Club Suit and was ahead of the QClub Suit9Club Suit of King. The KHeart Suit on the turn a brick for King. However, the QDiamond Suit on the river gave King the knockout. King was the chip leader with 2,740,000 after the hand.

Reagan Leman Eliminated in 5th Place ($78,361)

Reagan Leman open-shoved for just 600,000. Jeff King called in the small blind. Leman tabled AClub Suit5Heart Suit while King exposed the AHeart SuitQClub Suit. The board ran out QHeart Suit9Diamond Suit8Diamond Suit8Spade Suit2Heart Suit and Lehman was gone.

Dustin Dirksen Eliminated in 4th Place ($112,214)

Derric Haynie shoved from the small blind and Dustin Dirksen called 700,000 for his tournament life. Haynie tabled the QSpade Suit10Heart Suit while Dirksen exposed the ADiamond Suit10Diamond Suit. The flop came QHeart Suit10Club Suit6Club Suit giving Haynie the huge advantage. The 7Diamond Suit on the turn and the KHeart Suit on the river sealed the victory for Haynie. Haynie was over 2,000,000 after the hand.

Jeff KingDerric Haynie Eliminated in 3rd Place ($161,117)

Steven Kelly bet 165,000 and Derric Haynie moved all in for 1,000,000. Kelly called and exposed pocket eights. Haynie tabled the QSpade SuitJSpade Suit and was off to a race for his tournament life. However, the board offered no help to the over cards as it ran out ADiamond Suit9Club Suit2Heart SuitAClub SuitKClub Suit, eliminating Haynie.

Jeff King Eliminated in 2nd Place ($236,819), Steven Kelly Wins Event No. 39 ($381,922)

Jeff King shoved for 1,500,000 and Steven Kelly called. King tabled the KSpade SuitQDiamond Suit and had live cards versus the AHeart Suit9Diamond Suit of Kelly. The board ran out JSpade Suit9Club Suit3Spade Suit2Club Suit3Heart Suit and ace-high held to give Kelly the title.