Columnist Jeff Haney: On LV’s Negreanu plays ’small ball’ to earn big win on World Series of Poker circuit in Tunica

ROBINSONVILLE, Miss. — Lee Markholt, a poker pro from Washington state, had just been eliminated from the final table of the World Series of Poker circuit tournament at the Tunica Grand casino in Mississippi last Friday night.

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Wed, February 1st, 2006

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Casino poker language:

  • NICKEL - Five dollars, usually represented by a red casino check.
  • 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.
  • POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
  • ASSAULT RIFLE - In Omaha, hole cards that are A-K-4-7 of any suit(s).
  • LOOSE - Playing more hands than the norm. Antonym: TIGHT.
  • LITTLE SLICK - In Hold'em, hole cards of A-2, suited or not.
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