$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 dictionary:
- CASE - The fourth card of a particular rank, as in "he folded the case 9" when describing where all the 9s were in a hand. Comes from the game of Faro where an employee of the house, called the "case keeper". kept track of the number of each rank of card remaining.
- OVERPAIR - In Hold'em, a pair in the hole that is larger than any community card on the board.
- POT - The total amount of money bet so far in a hand.
- POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
- UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
- WALK - A pot won by the last blind when no one opens.
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