Phil Ivey wins Monte Carlo Millions
Phil Ivey won the Monte Carlo Millions tournament this week at the famous Casino de Monte Carlo. The Monte Carlo Millions had a $3 million prize pool this year, fully covered by the Prima Poker Network.
Five-time WSoP bracelet winner Phil Ivey took home the $1 million dollar first prize after beating Paul "Action" Jackson from Great Britain.
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Poker talk:
- TOP PAIR - In flop games, having a hole card that matches the highest card on the board.
- FREE CARD - A card dealt after all players checked in a betting round.
- LIVE [CARD] - In Stud, a card probably not held by other players.
- POT - The total amount of money bet so far in a hand.
- UNDER THE GUN - The position that has to act first in a round of betting.
- 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.

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