Legends of Poker: Howard Lederer

It’s 1987 in Las Vegas, 102 degrees on the street outside Binion’s, and I’ve just finished a pizza in the casino two doors down that cost me $2. Life is good. The World Series of Poker is winding down and I have to push my way through a good-sized crowd towards the back of the casino. It’s almost as hot inside as out with the crowd and bright camera lights.

When I get a little closer to the final-table action I recognize Bob Ciaffone and Johnny Chan, but that’s it. Chan has a huge stack of chips, at least twice what Ciaffone has, and there’s also a young bearded fellow trying hard to defend his short-stack each round. He looks a bit like a younger version of “Treetop” Jack Straus…

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Useful poker terms:

• BARN - A FULL HOUSE, three of a kind and a pair.
• FLOP - [1] In Hold'em, the first three community cards, dealt simultaneously. [2] To deal a flop, or to make a hand on a flop. "I flopped trips".
• TIGHT - [1] A style of play that entails playing fewer hands than average. Antonym: LOOSE. [2] A FULL HOUSE.
• PAY OFF - Calling a bet with little expectation of winning, unless the opponent is bluffing.
• FIRE - To make the first bet in a betting round. Used to emphasize that the player bet when a check was possible, showing strength.
• FIFTH STREET - In stud poker, the fifth card to be dealt to each player. Sometimes used to refer to the last card dealt in Hold'em, although the more common term for this is RIVER (q.v.).