$80m poker prize up for grabs
THE world’s richest poker game, with a staggering $80 million winner-take-all prize, will be held at Melbourne’s Crown Casino next year. Aussie poker king Joe Hachem is expected to be among the six players who will each pay $13.3 million to enter the tournament.
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Poker lingo:
- BIG BOBTAIL - An open-ended 4-card straight flush.
- FULL HOUSE - A hand consisting of 3-of-a-kind and a (different) pair.
- WIRED [PAIR] - A pair in the hole. In 5-card stud, a door card that pairs the hole card.
- FLOORMAN - The casino representative in charge of the card room or a section of a card room. Arbitrates disputes when unusual events happen.
- ANTE - A small bet all players are required to make before a hand is dealt. Not all games have an ante. Related terms: BLIND, FORCED BET.
- 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.

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