The Business of Poker: Part Two With Brian Balsbaugh
Part two of my interview with top poker player agent, Brian Balsbaugh, who represents Daniel Negreanu, Phil Hellmuth, Erick Lindgren, and many more.
Brian started his company, Poker Royalty, about two years ago in the basement of his Minneapolis home. Since then, the poker explosion has brought him to Las Vegas. In part one of this interview, Brian and I discuss the state of sponsorship, and what being an agent to the fastest rising group of celebrity nouveau…
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Poker dictionary:
- FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
- RIDER BACK (TM) - A brand of playing cards that feature a bicycle rider on the back of the cards. Often used in home games. Compare: BEE No. 92.
- SCOOP - To take all of a pot that is normally split, either by winning both halves outright or winning one half when no players qualify for the other half.
- DRAWING DEAD - A draw in which it is impossible to obtain a winning hand for any of a variety of reasons: an opponent's hand is better than whatever you are drawing to, the card(s) that make your hand are out of play, or (in Hold'em) give an opponent a stronger hand even if it makes yours. Frequently used in the past tense, since one rarely knows it at the time.
- STRING BET - An unethical and often illegal means of raising whereby a player puts a call-size stack of chips into the pot and, after observing the reactions of the players, then goes back to his stack and puts out more, thus raising.
- BOAT - A FULL HOUSE, three of a kind and a pair.
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