SEC issues subpoena over poker star’s WPT bid

The Securities and Exchange Commission, which is investigating professional poker player Doyle Brunson’s offer to buy WPT Enterprises Inc., said Thursday it has subpoenaed the man who operated Brunson’s personal Web site.

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Fri, February 3rd, 2006

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Poker talk:

  • PROP - Also PROPOSITION PLAYER. An employee of the gaming establishment whose primary purpose is to keep enough players at a table to prevent breaking up the game for lack of players. Unlike SHILLs "props" make a small hourly wage but play with their own money, winning or losing based on their skill.
  • TOURNAMENT - A highly structured game involving potentially dozens of tables where all participants pay an entry fee and obtain a fixed number of chips. Once a tournament has started, additional players may not enter. As the game progresses players bust out and are eliminated until only one winner remains.
  • STEAM - Playing wildly, calling and raising a lot, because one is upset. Compare: ON TILT.
  • BIG BLIND - A blind bet, usually a raise of an earlier blind which would be called the SMALL BLIND. In limit poker, the BIG BLIND is usually the size of the minimum bet on the first round of betting.
  • TAP - In no-limit games, to wager all of one's money in one bet.
  • OPEN-ENDED STRAIGHT - Four cards to a straight which can be completed by drawing a card at either end. E.g., 6-7-8-9 is an open-ended straight. Also: BOBTAIL STRAIGHT. Compare: INSIDE STRAIGHT.
February 2006
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