Pennsylvania’s New Slot Law
“Politics is the art of the compromise” -Anonymous
Legalizing gambling is not the same as decriminalizing it. When a state’s lawmakers decide to make gaming legal, they never repeal the state’s criminal anti-gambling statutes. Instead, the legislature creates a licensing system for operators and suppliers. A license has such great commercial value because it allows the holder to do something which would otherwise send that person to jail.
Lawmakers have to decide what forms of gaming will be allowed and how many licenses will be issued. Since licenses are valuable because they are rare, legislatures want the state to get paid the maximum possible.
They also have to determine who gets the licenses. This is usually done by creating an administrative body which evaluates applicants, issues the licenses and then watches over the operation.
But, because politics is behind the entire system, administrators often have little choice. … Continue reading Pennsylvania’s New Slot Law
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- Video Poker Tips
Useful poker information:
- PASS - Opposite of bet. To check, if checked to. To fold, if bet to.
- FISH - A player who loses money. An old saying is "If you can't spot the fish at the table, *you* are the fish.".
- 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.
- 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.)
- FULL HOUSE - A hand consisting of 3-of-a-kind and a (different) pair.
- SPLIT [THE POT] - To split the pot between two or more players. Related term: QUARTER.
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