Web gambler stole to repay £26,000 loss

Couple threw away money on online poker tables · Fears that easy access is plunging more into debt.
A clerk at a bureau de change was jailed yesterday for stealing more than £26,000 in just four weeks to meet debts she and her boyfriend ran up by gambling on the internet. Cindy Streets fiddled computer records to try to hide the theft.

She and her boyfriend, Paul Hocking, described at Exeter crown court as a gambling addict, spent hours placing increasingly large amounts of money on online poker tables and betting exchanges, hoping in vain to recoup the losses. But after a month her bosses at Lets Go Travel noticed that £2,000 in foreign currency was missing…

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Fri, December 30th, 2005

Related Poker and Law News:

Poker argot:

  • TELL - Any personal mannerisms that reveal the quality of one's hand. E.g., constantly looking at one's hole cards is often a tell of a poor hand. (Some players, knowing this, will at times check their hole cards when they have a great hand and don't need to look.)
  • POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
  • OFFSUIT - Not of the same suit. "I held A-Q offsuit" or "The flop was 10-6-2 offsuit". When speaking of 5 or more cards, not all/ of the same suit, i.e., no flush, as in "button had A-K-10-8-7 offsuit."
  • SHORT-STACKED - Playing with a only a small amount of money, thus limiting one's risk and reward.
  • BUNNY - An eight. So named because one can easily draw "rabbit ears" above the numeral 8, "paws" in the middle and "feet" at the bottom. (Do this only at home, and not on cards that will be used for play.)
  • CHECK RAISE - To check initially, then raise a bet made later on in the same betting round. Frequently a sign of strength, but may be a bluff.
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