$80 Million Poker Prize
At Australias Crown Casino, in Melbourne, the biggest prize purse in Aussie history will be up for grabs next year. Six of the best poker players in the world will play for a purse of $80 million, the crown event of a tournament being launched from Los Angeles. American poker pro Phil Ivey is the first known player announced, signed up by the event organizers…
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Poker terminology:
- HIT - To make a hand or catch a card or cards that improves one's hand. "I hit a gut-shot draw on the river."
- LATE BLIND - In addition to "regular" blinds, some games allow a player (particularly a new one) to post a blind bet in return for the right to enter the game immediately and act last on the first betting round. The amount of the blind is determined by house rules, usually somewhere between the last blind and double the last blind. It is frequently a LIVE BLIND.
- FLUSH - A poker hand consisting of five cards all one suit.
- BACK DOOR - Applies to a hand that was made in the last card or two, specifically not a hand the player was originally planning on having. Most often applied to straights and flushes.
- SHILL - A card room employee who plays with House money, and does not share in any of his (her) winnings or losses. Shills are used to facilitate starting games, and keeping them going. Compare: PROP.
- STRING BET - An unethical and often illegal means of raising whereby a player puts a call-size stack of chips into the pot and, after observing the reactions of the players, then goes back to his stack and puts out more, thus raising.
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