PokerStars up for sale according to The Times
If you have some dead money in your savings account and are looking for a nice investment you might want to spend it on PokerStars. The world’s second largest poker room, which is controlled by the Israeli Scheinberg family, is reportedly up for sale for a "bargain" price of $2 billion dollars, according to The Times.
Related Poker Industry News:
- PokerStars to Investigate Sale or Float Options
- PokerStars Sale a Possibility
- 2011 PokerStars.net APPT Queenstown Day 1c: Sale-ing into the Chip Lead
- Online Poker Powerhouse PokerStars Leans Towards IPO
- The Weekly Turbo: Rio for Sale, Tony G’s Take on Victor Blom, and More
- Harrah’s Sale Completed
- Poker.org sold for $1 Million, Most Ever For .org Domain
- Poker TV Network Inc. Announced Today the Sale of Certain Non-Performing Assets
- Las Vegas From Home.Com Entertainment Inc. Closes the Sale of its Operating Unit, Action Poker Gaming Inc.
- Party Poker Up for Sale?
- Binion’s Sale Set to Close
- Las Vegas From Home.Com Entertainment Closes the Sale of Action Poker Gaming
Poker jargon:
- ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.
- TO GO - The current betting level, as in "$20 to go" meaning every player must contribute $20 (total) or drop. A $10 raise would then make the pot "$30 to go".
- FORCED BET - In some stud games a player may be required to make a bet to start the action on the first card. This is similar conceptually to blinds and antes, but in this case is dependent on the cards shown rather than player position. Usually the weakest hand is forced to bet.
- FREE CARD - A card dealt after all players checked in a betting round.
- STEAM - Playing wildly, calling and raising a lot, because one is upset. Compare: ON TILT.
- IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
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