US watchdog probes $700m poker bid

US regulators are investigating a $700m bid for World Poker Tour Enterprises launched by Doyle Brunson, one of the games best-known players.

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Sat, December 17th, 2005

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Poker talk:

  • QUALIFIER - A minimum standard that a hand must meet in order to win. Usually applied to the lowball side of a high-low split pot.
  • FOLD - To decline to call a bet, thus dropping out of a hand.
  • LOOSE - Playing more hands than the norm. Antonym: TIGHT.
  • ONE-EYED - The jack of hearts, jack of spades or king of diamonds. So named because the characters are drawn in profile, thus showing only one eye.
  • BUTTON CHARGE - A periodic fee paid by whoever is the button, perhaps every 20 minutes or 30 minutes. Constitutes part or all of the HOUSE CUT.
  • 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.
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