Cruising for $50,000 at 50,000 feet
On the way home from Monte Carlo I decided to give up my airline ticket and pay for a one-way seat on Larry Flynt’s private jet. With one quick stop scheduled in Bangor, Maine, for fuel and pizza, it was to be pretty much a 12-hour straight shot to Vegas.
Phil Ivey, Gus Hansen, Mike ‘’The Mouth'’ Matusow and I were scheduled to play $400-$800 limit poker all the way home! So what’s not to like? We were flying high on Larry’s Gulfstream IV, playing high-stakes poker (so the time would pass more quickly), and perhaps I could win $50,000 on the flight home.
We hired a dealer to deal to us all the way home…
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Poker glossary:
- SEVENTH STREET - The seventh card dealt in 7-card stud.
- 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.
- MIDDLE POSITION - Betting positions approximately halfway around the table from the first player to act.
- DOYLE BRUNSON - In Hold'em, 10-2 in the hole. So named because Doyle Brunson won two straight WSOPs (q.v.) in 1975 and 1976 with 10-2 on the last hand. (Suited (spades) in 1975, unsuited in 1976).
- BURN - To discard the top card of the deck prior to dealing, usually done for every dealing round except the first. The theory being that if somehow the cards are marked (illegally) no one will know what card will next be dealt, only what card will be burned. This makes marked cards less of an advantage, hence tends to reduce cheating.
- WORLD SERIES OF POKER - A series of several different poker games with relatively large buy-ins, culminating in a $10,000 buy-in no-limit Hold'em tournament, the winner of which is crowned the World Poker Champion. Sponsored by Binion's Horseshoe Club in Las Vegas.

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