WPT CEO Steve Lipscomb Issues ‘Open Letter’
Today, World Poker Tour CEO Steve Lipscomb issued an ‘open letter to the poker community’, which we will reprint below in its entirety.
A bit of editorial here - While I think all parties involved in poker $1,000,000 freeroll at paradise Poker may have valid points in their various issues that they hold dear, the poker world should start to develop a indset of trying to work together…
Related World Poker Tour News:
- Foxwoods aces on poker: Room gets tour branding
- Poker Community On WPT
- Lipscomb to Deliver Keynote Speech at Poker Congress
- World Poker Tour Creator Sued for Stealing Televised Poker Idea
- Rumors Fly Over WPT Sale to BWin
- Poker gets chance to go straight
- WPT Enterprises has an excellent second quarter
- WPT Helps Lakes Swing to Profit
- WPT Losing Money
- World Poker Congress Announces November Gathering
- Poker Powers Converge at World Poker Congress
- World Poker Tour Launches New Website
Useful poker information:
- SPLIT [THE POT] - To split the pot between two or more players. Related term: QUARTER.
- EVEN-MONEY - A bet that pays off exactly the amount wagered. E.g., "Double or nothing" is an even-money bet.
- 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.
- BIG SLICK - In Texas Hold'em, hole cards of A-K, suited or not.
- PASSED OUT. - A hand in which nobody opens. What happens next is a function of the game being played.
- 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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