PartyGaming Absorbs Partners

Online poker giant PartyGaming will be assimilating two of its four partners in preperation for launching a new and improved service. Of its four partners two, Multipoker and IntertopsPoker, will be bought and absorbed, one, Coral Eurobet will be leaving the platform and the fourth, Empire Online, is now wondering what will happen.

PartyGaming agreed to purchase Multipoker for $14.5 million cash and the bulk of IntertopsPoker for around $4 million cash. Combined these two deals will add around 300,000 players to PartyGaming’s PartyPoker Web site…

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Poker lingo:

INSIDE STRAIGHT - Four cards to a straight, where only one rank will complete the hand. E.g., 4-5-6-8 is an inside straight since only a 7 will fill (i.e., complete) the hand. Often called a GUT-SHOT. Compare: BOBTAIL STRAIGHT, OPEN-ENDED STRAIGHT.
LATE BLIND - In addition to "regular" blinds, some games allow a player (particularly a new one) to post a blind bet in return for the right to enter the game immediately and act last on the first betting round. The amount of the blind is determined by house rules, usually somewhere between the last blind and double the last blind. It is frequently a LIVE BLIND.
CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
TOP TWO PAIR - In flop games, having hole cards that make the highest possible two pair hand.
MARKED CARDS - Cards that have been (illegally) altered so that their value can be read from the back.
FIRE - To make the first bet in a betting round. Used to emphasize that the player bet when a check was possible, showing strength.

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