Doyle Brunson Under SEC Investigation

Poker legend Doyle Brunson recently came under investigation by the Security and Exchange Commission for a possible case of anti-trust law violation. The investigation was launched after a series of events which included an unsolicited bid by Brunson to purchase the gaming group World Poker Tour Enterprises, Inc for a figure that was twice the estimated worth of the company.

Brunson, through his attorneys, made an offer for $700 million. When the news was leaked of the offer, WPT stock jumped by 50% in one day…

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Poker slang:

MAIN POT - The main pot, as related to one or more side pots, when there are one or more all-in player(s). The main pot is the one in which all active players participate.
ON TILT - Playing worse (usually, more aggressively) than usual because a player has become emotionally upset.
DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
BRODERICK CRAWFORD - In Hold'em, hole cards of 10-4. From the 1950s TV series "Highway Patrol", starring Broderick Crawford.
FLAT LIMIT - A variant of fixed limit where all bets are the same amount.
RAIL - A barrier dividing the card playing area from a public area.

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