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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Useful poker information:
- SEAT POSITION - The actual seat a player has, normally numbered sequentially starting with 1 as the first seat to dealer's left. Not to be confused with POSITION in a particular pot. Typically unrelated to play of a hand but often important in peripheral aspects, e.g.: "Seats 1 and 10 are nonsmoking here", "Seat 5 has a good view of the table", "Seat 3 is in a high-traffic area".
- FLOORMAN - The casino representative in charge of the card room or a section of a card room. Arbitrates disputes when unusual events happen.
- HOOK - A Jack. So named because the "J" resembles a hook.
- LOOSE - Playing more hands than the norm. Antonym: TIGHT.
- HIGH-LOW SPLIT - Forms of poker in which the pot is split between the best hand and best lowball hand.
- 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.

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