Online poker captures nation
BRITAIN has perfected its poker face this year and helped the sport to explode outside its native USA.
Online poker has captured the public interest in 2005 - three companies successfully floated on the London stock market after poker players spent £1.2bn on internet gaming, and a raft of games and books have hit the shops just in time for Christmas.
The biggest winner was PartyGaming, taking around £500m in revenues and floating for around £4.6bn.
But the company has also had mixed fortunes…
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Poker slang:
- REBUY - [1] To purchase additional chips after an initial buy-in, usually after losing most or all of the previous buy-in. This term is most often used in certain tournaments where if one loses all one's chips, or falls below a certain minimum chip level, for an additional sum of money one can purchase a fixed amount of additional tournament chips. Usually there is a time limit (The "REBUY PERIOD") as to how long rebuys are allowed. [2] The additional chips "rebought" in tournament play.
- NO-LIMIT POKER - A game where there is no maximum bet; a player can wager any amount (perhaps above some minimum) up to whatever money is on the table in front of him.
- OPENERS - Cards in a hand that qualify a player to open the betting.
- FLOORMAN - The casino representative in charge of the card room or a section of a card room. Arbitrates disputes when unusual events happen.
- POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
- NUT / NUTS - The best possible hand of a given class. Not a LOCK unless all cards have been dealt. The "nut flush" is the highest possible flush, but might still lose to, e.g., a full house. Usually used in Hold'em games.
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