WPT Season V: Exit PartyPoker and UltimateBet

WPT Enterprises, the company behind the World Poker Tour, earlier this week announced the WPT Season V schedule for 2006 to 2007. One new event was added to the 17-stop tour, the Mandalay Bay Poker Championship, hosted by the Mandalay Bay Resort & Casino in Las Vegas. WPT also stated it is dropping the events sponsored by PartyPoker and UltimateBet.

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Poker dictionary:

BICYCLE - The best possible low hand: A-2-3-4-5. More common term: WHEEL.
MILES OF BAD ROAD - Three of a kind. Prefixed with a number, 3*<N>, to indicate 3 <N>s. Thus "24 miles of bad road" is 3 eights, etc. (This obviously doesn't work for face cards.)
STAKE - The amount of a player's BUY-IN, or the amount of money they are willing to play with in a given session. Compare: BANKROLL.
RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
LIVE BLIND - The last and largest blind bet may or may not be LIVE. If LIVE, the blind bettor has the option of "raising" his own blind in the event the bet is called around to him. This is normal, and is sometimes referred to as "blinds are live".
SEVENTH STREET - The seventh card dealt in 7-card stud.

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