Legends of Poker: Lyle Berman
Lyle Berman. The name means different things to different people. People in the United States, especially the mid-west, think of the CEO and Chairman of the Board of Lakes Entertainment Inc….
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Poker argot:
- FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
- RIVER - The last card dealt in a hand of stud or Hold'em.
- STRING BET - An unethical and often illegal means of raising whereby a player puts a call-size stack of chips into the pot and, after observing the reactions of the players, then goes back to his stack and puts out more, thus raising.
- BICYCLE - The best possible low hand: A-2-3-4-5. More common term: WHEEL.
- TELL - Any personal mannerisms that reveal the quality of one's hand. E.g., constantly looking at one's hole cards is often a tell of a poor hand. (Some players, knowing this, will at times check their hole cards when they have a great hand and don't need to look.)
- SHOWDOWN - The point at the end of the hand where all active players reveal their cards and the pot is awarded to the winner(s).
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