Kihara’s Back-to-Back Bracelets & Kessler’s Near Miss

Steve Topson
June 8, 2026
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Naoya Kihara has joined poker’s most elite company by capturing consecutive WSOP Championship bracelets, while Allen Kessler’s quest for his first piece of gold ended in heartbreak at the final table of the $10,000 Seven Card Stud Championship. The Japanese pro’s victory makes him just the sixth player in history to accomplish this rare feat, joining legends like Doyle Brunson and Stu Ungar.

What Happened

The $10,000 Stud Championship final table delivered drama from start to finish, with multiple compelling narratives converging on a single felt. Kihara, fresh off his triumph in the $10K 2-7 event days earlier, returned to Day 3 among eleven survivors looking to etch his name in WSOP history books.

Reigning Main Event champion Michael Mizrachi arrived fashionably late despite holding the chip lead, ultimately parlaying his stack into a sixth-place finish worth $54,458. High-stakes regulars Chris Brewer and Jeremy Ausmus both made deep runs, finishing fifth and fourth respectively, but couldn’t break through to the final three.

The most compelling storyline belonged to Allen Kessler, the famously vocal grinder known more for his complaints about tournament structures than his trophy case. Despite five previous top-three WSOP finishes dating back to 2005, Kessler has never captured a bracelet. This event appeared poised to change that narrative.

James Cheung entered the final day with momentum after winning the $1,500 Stud event earlier in the series, chasing an unprecedented category sweep. He would fall just short, finishing runner-up to Kihara for $201,308.

When three-handed play began, Kessler held the shortest stack but mounted an impressive comeback, climbing to approximately 2.7 million in chips while his opponents battled each other. The rail began buzzing with anticipation of a potential Kessler breakthrough.

Then the wheels came off. A devastating sequence saw Kessler’s two pair lose to Cheung’s improbable straight, followed by an even more brutal cooler against Kihara. Holding tens and eights against Kihara’s lone pair of sixes, Kessler watched helplessly as his opponent spiked a six on Sixth Street—after raising on Fifth Street with the inferior holding. Kessler busted shortly thereafter, earning $139,036 for third place.

Heads-up play saw Kihara leverage his chip advantage ruthlessly. After Cheung mistimed a bluff, Kihara seized control and closed out the match shortly after midnight, securing two pair on the final hand and his second Championship bracelet in less than a week.

Kessler's buzzy run blows up in WSOP $10K Stud, Kihara wins again
Kessler's buzzy run blows up in WSOP $10K Stud, Kihara wins again

The Poker Strategy Breakdown

Seven Card Stud presents unique strategic challenges that separate it from the Hold’em variants dominating modern poker. The game rewards memory, observation, and mathematical precision in ways that community card games simply cannot replicate.

Kihara’s aggressive play on Fifth Street with a single pair of sixes against Kessler’s superior holding illustrates a crucial Stud concept: leveraging board texture and perceived strength. When your opponent shows strength but you hold live cards with substantial equity, applying pressure can force mistakes or build pots when you improve.

The decision to raise with one pair on Fifth Street appears reckless in isolation, but context matters enormously in Stud. If Kessler’s board suggested two pair but his betting pattern indicated uncertainty, and if Kihara’s sixes were live with additional backdoor possibilities, the aggressive line becomes defensible. Stud rewards players who can accurately assess not just their current hand strength, but their potential to improve relative to visible cards.

Kessler’s downfall also highlights the brutal variance inherent in Stud. Unlike Hold’em where bad beats typically occur on the turn or river, Stud spreads the pain across multiple streets. Watching your opponent catch their miracle card on Sixth Street after you’ve already invested heavily creates a unique psychological torture that tests even experienced players’ composure.

The hand against Cheung where Kessler’s two pair lost to a straight demonstrates another Stud reality: drawing hands have more streets to hit, and straight draws in particular can be deceptively strong when cards are live. What appears to be a “bingo” moment may actually represent reasonable odds when accounting for multiple opportunities to complete.

Kihara’s heads-up execution showcased textbook big-stack strategy. By applying consistent pressure and forcing his opponent to make decisions for their tournament life, he created opportunities for mistakes. When Cheung’s ill-timed bluff failed, Kihara had effectively ended the match, demonstrating that chip leverage matters just as much in Stud as in any other poker variant.

Reading The Field & Table Dynamics

The final table composition told a story about modern Stud’s ecosystem. You had Mizrachi, a mixed game legend with multiple bracelets, alongside hungry young guns like Brewer seeking to establish mixed game credentials. Ausmus brought decades of tournament experience, while Kessler represented the grinder’s grinder—a player who’s logged countless hours without the hardware to show for it.

Kihara’s back-to-back victories reveal something profound about tournament poker momentum. Winning breeds confidence, and confidence enables the aggressive plays that accumulate chips. His willingness to raise with one pair on Fifth Street likely stems from the fearless mindset that comes with recent success. Players on heaters make plays that others cannot, not because they’re reckless, but because they trust their reads and aren’t paralyzed by fear of elimination.

Kessler’s three-handed surge demonstrated his technical proficiency, but his ultimate demise raises questions about risk management with a short stack. When you’ve waited decades for a bracelet and find yourself three-handed in a Championship event, the pressure to avoid mistakes can actually create them. Every decision carries enormous weight, and that psychological burden can subtly influence hand selection and aggression levels.

The fact that Cheung came so close to sweeping the Stud category highlights an interesting dynamic: winning a smaller buy-in event can provide both momentum and a strategic blueprint for the higher stakes. He clearly understood the game at a high level, but heads-up against an opponent riding a historic heater proved insurmountable.

Table dynamics in Stud differ fundamentally from Hold’em because of the information available through exposed cards. Observant players gain massive edges by tracking folded cards and calculating live outs with precision. At this level, all players possess these skills, so edges come from psychological reads, bet-sizing exploitation, and the courage to make aggressive plays in marginal spots.

How To Apply This To Your Game

The first lesson from this final table is perhaps the most important: live cards change everything in Stud. Before committing chips to any pot, mentally catalog which cards you’ve seen folded and calculate your true outs. A pair of sixes with all remaining sixes live is dramatically stronger than the same hand with one or two sixes already dead.

Second, don’t be afraid to apply pressure with draws and marginal made hands when your cards are live and your opponent’s board looks scarier than their betting suggests. Kihara’s aggressive play with one pair worked because he correctly assessed that his hand had significant equity and his opponent might be vulnerable. This requires keen observation and courage, but it’s how edges are created in Stud.

Third, manage your emotions during bad beats. Kessler’s frustration was understandable, but dwelling on unfortunate runouts prevents you from playing your best poker in subsequent hands. In Stud especially, where variance runs high across multiple streets, maintaining composure is essential for long-term success.

Fourth, recognize that chip leads in Stud matter enormously heads-up. If you find yourself short-stacked, you may need to take stands earlier than feels comfortable. Conversely, with a big stack, apply relentless pressure and force your opponent into difficult decisions. Kihara’s heads-up dominance stemmed from understanding this dynamic perfectly.

Finally, study the game’s history and respect its complexity. Stud rewards experience and pattern recognition in ways that Hold’em doesn’t. The players who consistently succeed in these events have logged thousands of hours specifically in this variant. If you’re serious about mixed games, dedicate focused study time to each discipline rather than assuming your Hold’em skills will transfer seamlessly.

Key Takeaways

  • Naoya Kihara became the sixth player ever to win back-to-back WSOP Championship bracelets, joining Brunson, Ungar, and Mercier in an elite club
  • Allen Kessler’s fifth career top-three WSOP finish ended without the bracelet he’s long sought, falling in third place after a brutal three-handed sequence
  • Live cards and board texture matter more in Stud than absolute hand strength—aggressive plays with live pairs can be correct even against apparent two pair
  • Tournament momentum is real: Kihara’s fearless play likely stemmed from the confidence of his recent victory
  • Chip leverage in heads-up Stud allows the big stack to dictate action and force mistakes through relentless pressure
  • James Cheung’s near-sweep of the Stud category demonstrates that success in lower buy-ins can translate to higher stakes with proper game selection

Frequently Asked Questions

Who else has won back-to-back WSOP Championship bracelets?

Only five players before Kihara have accomplished this feat: Doyle Brunson, Stu Ungar, Jason Mercier, and two others. It’s one of poker’s rarest achievements, requiring not just skill but also perfect timing and significant run-good across multiple high-stakes events within days of each other.

Why hasn’t Allen Kessler won a WSOP bracelet despite five top-three finishes?

Kessler is an extremely solid tournament player who consistently makes deep runs, but converting final table appearances into victories requires both skill and fortune. His conservative playing style and tendency to run into coolers at crucial moments have prevented him from closing out events. Variance plays a huge role in tournament poker, and Kessler has been on the wrong side of it at critical times.

What makes Seven Card Stud strategically different from Texas Hold’em?

Stud requires tracking exposed cards to calculate live outs, rewards memory and observation more heavily, spreads action across more betting streets, and lacks community cards that create shared equity. Hand values shift dramatically based on which cards are dead, and the game rewards mathematical precision and patience. Drawing hands have more opportunities to complete, but you must pay for each street of information.

Final Thoughts

Kihara’s historic achievement reminds us that poker greatness isn’t confined to Hold’em specialists. The Japanese pro’s mastery of two distinctly different Championship events within days showcases the kind of versatile skill set that defines complete poker players. His aggressive, confident approach—raising with one pair when others might check-call—demonstrates that championships are won through courage as much as calculation.

For Kessler, this near-miss adds another painful chapter to a career defined by consistency without the ultimate breakthrough. Yet his performance validates his technical abilities and suggests that, at age 50-plus, he remains competitive at poker’s highest levels. His prediction about potentially winning the $10K Razz shows the mindset of a player who refuses to let disappointment derail future opportunities.

The broader lesson from this final table is that mixed game events reward specialists who’ve invested time mastering variants beyond Hold’em. As the poker ecosystem matures, edges in these disciplines grow larger, not smaller. Players willing to dedicate serious study to Stud, Razz, and other classic games will find softer fields and bigger opportunities than in the oversaturated Hold’em landscape.

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Author Steve Topson