Joe Hachem Keeps Poker Fortune Safe From The Taxman
In a victory that looks even more fortuitous than his epic performance at this year’s World Series Of Poker main event, Joseph Hachem has outwitted the Australian Taxman. His lawyer successfully argued that when Hachem won his $7.5 million poker was merely his hobby and not his liveihood. This gambit will certainly not work for Hachem in the future, however.
Since winning the WSOP and beating the largest field ever assembled fore that event, Joe Hachem has moved along…
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Useful poker information:
- EDGE - An advantage over an opponent, either specific or subjective.
- CUT - To break the deck into 2 stacks of at least 5 cards each. Usually performed by the player to the dealer's right to insure that the the deck is not stacked.
- ACTION - Money that is being bet. "NO ACTION" means a hand or game has few bettors and fewer raisers. "Gimme some action" is ostensibly a plea for calls and raises.
- WIRED [PAIR] - A pair in the hole. In 5-card stud, a door card that pairs the hole card.
- 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.
- ASSAULT RIFLE - In Omaha, hole cards that are A-K-4-7 of any suit(s).
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