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Qinghai Pan is now a three-time World Series of Poker bracelet winner after emerging victorious in Event #77: $10,000 Stud Hi-Lo Championship. Pan also earns his first live bracelet after claiming WSOP.com victories in 2022 and 2023. Pan now eclipses $1,060,000 in lifetime tournament earnings, according to The Hendon Mob.
The Stud Hi-Lo Championship attracted an 186-entrant field and created a prize pool of $1,729,800. The final 28 players finished in the money, and included Phil Hui, Jake Schwartz, Scott Bohlman, Craig Chait, Esther Taylor, Phil Hellmuth, and Vikto Blom prior to the final table being set. Day 3 play continued until just four players remaining, and play was halted for the evening.
Andrey Zhigalov was the first to fall when he was all-in on third street and finished with a pair of deuces, but was unable to best Pan's pair of kings. Pan continued to surge ahead before Luke Schwartz was eliminated in third when he was all-in on fourth street with a wheel draw but didn't improve any further against David Lin's pair of eights.
Pan held just under a three-to-one chip lead, and after a lively heads-up match, he delivered the final blow when the remainder of Lin's chips entered the middle on fifth street. Lin held split sevens against Pan's pair of eights. No help came for Lin, and he was eliminated in second place as Pan was crowned the champion.
2025 WSOP Event #77: $10,000 Stud Hi-Lo Championship Results
| Place | Player | Country | Prize | PGT Points |
| 1st | Qinghai Pan | United States | $411,051 | 411 |
| 2nd | David Lin | United States | $274,023 | 274 |
| 3rd | Luke Schwartz | United Kingdom | $188,105 | 188 |
| 4th | Andrey Zhigalov | Russia | $132,423 | 132 |
| 5th | Tomasz Gluszko | Poland | $95,665 | 96 |
| 6th | Timothy Frazin | United States | $70,970 | 71 |
| 7th | Alex Livingston | Canada | $54,105 | 54 |
| 8th | Jared Rubin | United States | $42,421 | 42 |
Event #77 of the 2025 World Series of Poker was the 24th PGT-qualifying event of the series. With Qinghai Pan's victory, he moves to 83rd on the PGT leaderboard following his first win and second cash of the season. David Lin sits 119th with 295 PGT points following his second cash. Luke Schwartz, Andrey Zhigalov, Timothy Frazin, and Jared Rubin all earned their first cash of the season, while Tomasz Gluszko moves into 175th on the back of his third cash this season. Alex Livingston sits 115th overall with eight cashes for the season.
PGT Leaderboard Top 10
| Rank | Player | PGT Points | Wins | Cashes | Winnings |
| 1st | Alex Foxen | 1,929 | 2 | 15 | $4,585,157 |
| 2nd | Nick Schulman | 1,673 | 1 | 19 | $1,689,296 |
| 3rd | Daniel Negreanu | 1,470 | 2 | 18 | $2,123,536 |
| 4th | Chino Rheem | 1,327 | 2 | 15 | $1,410,103 |
| 5th | Andrew Lichtenberger | 1,211 | 1 | 7 | $2,040,132 |
| 6th | Eric Blair | 1,157 | 2 | 13 | $1,174,570 |
| 7th | Philip Sternheimer | 1,156 | 1 | 8 | $1,303,528 |
| 8th | Michael Wang | 1,108 | 1 | 2 | $1,402,579 |
| 9th | Kristen Foxen | 1,086 | 3 | 9 | $883,077 |
| 10th | Dylan Linde | 1,015 | 1 | 7 | $2,316,739 |
These are the leaderboard standings as of Thursday, July 3, 2025. The complete and current PGT leaderboard is at pgt.com/leaderboard.
The next eligible WSOP event to earn PGT points is the Event #88: $50,000 No-Limit Hold'em High Roller on Wednesday, July 9. Beginning on Saturday, July 12, is the Event #94: $10,000 No-Limit Hold'em 6-Handed Championship, while the final PGT-qualifying event of the series is the Event #98: $25,000 H.O.R.S.E. High Roller. The WSOP Main Event continues to accept registrations through Day 2D on Monday, July 7.
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