Doyles Room Feeling The Heat From The SEC
Did Doyle Brunson give his long-time pal and poker crony Lyle Berman an illegal helping hand last year? Brunson’s much-ballyhooed offer to buy the World Poker Tour for more than twice it’s market value sent the stock up 66% on the day, but was that offer genuine? The SEC clearly doesn’t think so…
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Poker lingo:
- ROYAL FLUSH - An ace-high straight flush, the best possible hand in regular poker.
- STEAM - Playing wildly, calling and raising a lot, because one is upset. Compare: ON TILT.
- IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
- BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
- 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.
- CHASE - To continue in a hand, often at poor odds, in the hopes of catching a much better hand. "He called, chasing the flush.".
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