Chips in Chips

RFID (radio frequency identification) is the hot new chip-tracking technology that is taking the casino industry by storm. RFID (the patents to which have been obtained by ShuffleMaster Inc. for use in casino applications) works by way of microchips that are placed inside objects and communicate via radio waves with…

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Tue, December 27th, 2005

Related Poker Industry and Poker Accessories News:

Poker lingo:

  • BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
  • KICKER TROUBLE - Not having as high a kicker as an opponent.
  • POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
  • BLUFF - To make a bet or raise with a poor hand, in hope that the remaining active player(s) will fold.
  • TABLE STAKES - A standard rule whereby during a hand players can only bet the money they have on the table. If the bet to a player is more than the player's stack, that player may call with all his chips and be eligible to win only that portion of the pot he contributed to equally. A side pot is created, for which only the remaining players may compete.
  • WIRED [PAIR] - A pair in the hole. In 5-card stud, a door card that pairs the hole card.
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