Lakes Entertainment Considers Selling World Poker Tour

Major casino developer Lakes Entertainment Inc, has announced that it may sell all or a portion of its shares in World Poker Tour operator WPT Enterprises Inc. (WPTE).

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Fri, November 25th, 2005

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Useful poker terms:

  • LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
  • FLAT CALL - To call a bet. Emphasizes that the caller did not raise.
  • DOUBLE BELLY BUSTER - A two-way inside straight. E.g., 3-5-6-7-9.
  • BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
  • RAINBOW - In flop games, a flop in which no two cards are of the same suit. "The flop was A 9 7 rainbow."
  • ASSAULT RIFLE - In Omaha, hole cards that are A-K-4-7 of any suit(s).
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