State warns charities to fold ‘em

The recent surge of interest in poker has many California charities turning to the games to raise money. Now they’re learning it’s a bad bet. The state Department of Justice has been warning surprised fundraisers about a 2-year-old law that makes the games illegal.

One San Jose organization, the Almaden Business Association, found out the hard way earlier this month. Three days before its scheduled charity poker tournament, association officials were forced to cancel their fundraiser for the Almaden …

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Poker glossary:

SET - In Hold'em, three of a kind where two of the cards are hole cards.
BIG BOBTAIL - An open-ended 4-card straight flush.
HIGH-LOW SPLIT - Forms of poker in which the pot is split between the best hand and best lowball hand.
S&M - Sklansky & Malmuth. Generally refers to the ideas and algorithms published by these two authors. When used in a 7-card stud context, often refers to "7 Card Stud For Advanced Players", and when used in a Hold'em context, often refers to "Texas Hold'em For Advanced Players".
BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
DOOR [CARD] - A player's first upcard in stud games.

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