European, Latin American, Australian Casinos Conduct Satellite for 2006 WSOP

LAS VEGAS, Oct. 31 /PRNewswire-FirstCall/ — Harrah’s Entertainment, Inc. (NYSE: HET - News) said today casinos in Europe, Latin America and Australia are awarding tournament winners seats in the 2006 World Series of Poker Main Event, whose prize pool is expected to exceed $70 million.The most recent operator to sign an agreement with Harrah’s Licensing Company, LLC, is Holland Casino for their Master Classics of Poker. In Holland Casino Amsterdam the winner of the euro 5,000 ($6,000 US) Texas Hold ‘Em …

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Poker lingo:

POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
FLUSH - A poker hand consisting of five cards all one suit.
PAY STATION - A player who rarely folds, thus who frequently calls better hands and loses. Almost as much fun as a LIVE ONE.
CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
SMALL BLIND - In games with two blinds the first blind is the SMALL BLIND because it is usually one-half (or less) the second or large blind.
CHECK RAISE - To check initially, then raise a bet made later on in the same betting round. Frequently a sign of strength, but may be a bluff.

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