Britain Had Great Online Poker Year

While the poker craze started in the United States of America, countries with more accepting gambling laws are the ones cashing in on the industry, and Britain is no exception. In 2005 three companies floated publicly on the London stock market after the industry had raked in over one billion Pounds. PartyGaming lead the charge, with five hundred million Pounds in revenue and floated for over four and half billion Pounds.

PartyGaming’s chief executive Richard Segal is excited not only about the phenomenal success his company is having, but about the whole concept of his company…

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Fri, December 23rd, 2005

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Poker terminology:

  • LIVE ONE - The best kind of opponent, a poor player with a lot of money to lose and in a hurry to lose it.
  • FULL OF - Describes a full house. "Fives full of queens" is 5-5-5-Q-Q.
  • RERAISE - To raise after an opponent has raised.
  • BIG BLIND - A blind bet, usually a raise of an earlier blind which would be called the SMALL BLIND. In limit poker, the BIG BLIND is usually the size of the minimum bet on the first round of betting.
  • TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
  • STEAM - Playing wildly, calling and raising a lot, because one is upset. Compare: ON TILT.
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