Aussie Millions kicks off at Melbourne’s Crown Casino
The 2006 Crown Australian Poker Championship officially began this Friday. The third edition of the Championship, better known as the "Aussie Millions", offers a plethora of Limit, Pot Limit and No Holdem events, as well as a couple of Omaha tournaments, and a unique Speed Poker tourney.
The $5 million main event starts January 15. It’s is a No Limit Texas Holdem tournament with a buy-in of $10,000+$500. It will be filmed by Fox Sports and broadcast in March 2006.
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- PokerNews Jet Set: Melbourne, Part 1
- PokerNews Podcast: 2011 Aussie Millions feat. Jonno Pittock
Poker argot:
- REPRESENT - Implying, by one's betting style, that one has a particular hand.
- RAISE - To wager more than the minimum required to call, forcing other players to put in more money as well.
- RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
- POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
- PAY STATION - A player who rarely folds, thus who frequently calls better hands and loses. Almost as much fun as a LIVE ONE.
- BET - To put money into the pot, pursuant to the rules of the game, thus maintaining a chance of winning the pot.
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