World Poker Tour creating networking site

The parent company of the World Poker Tour is building a huge table of players. WPT Enterprises Inc. and Chipleaders Inc. are teaming up to create an online social network specifically for poker enthusiasts.

The network, which will be accessible from www.worldpokertour.com, will allow users to find and interact with other poker players from around the world.The site will be powered by Chipleaders technology, and will allow users to create profiles, upload photos, communicate with friends, make ne…

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Wed, November 23rd, 2005

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Useful poker terms:

  • EXPECTATION - The long-run [dis-]advantage of a given situation, specifically without reference to any particular outcome. I.e., what you figure to win [lose] on average after a large number of repetitions of the same situation.
  • CAP - To cap the betting is to make the last permitted raise in a round.
  • RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
  • KICKER TROUBLE - Not having as high a kicker as an opponent.
  • DEAD MONEY - Money contributed to the pot by players who have folded.
  • OVERCALL - To call a bet after one or more players already called.
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