World Poker Tour Enterprises Inc Hires Financial Advisor
World Poker Tour Enterprises Inc, the parent company of the ultra popular poker circuit and TV show the World Poker Tour, seeks to establish a bigger presence in the online gaming market. They have made a start with the launch of the poker room portion of their website, and have taken another step by hiring Thomas Weisel Partners.
The parent company of the World Poker Tour has to explore options, including a sale or merger, to help the company grow. WPT Enterprises is not disclosing any information about the potential of a merger or sale…
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Useful poker terms:
- BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
- WHEEL - A-2-3-4-5. Usually discussed in the context of lowball where it is the best possible hand. Can also refer to a 5-high straight in high games. Also: BICYCLE.
- BLUFF - To make a bet or raise with a poor hand, in hope that the remaining active player(s) will fold.
- BAD GAME - Any game in which you figure to be the loser, because the other players are better than you.
- HIGH-LOW SPLIT - Forms of poker in which the pot is split between the best hand and best lowball hand.
- UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
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