Charities may soon cash in
For a prominent Peninsula-based charity, its annual casino night last week was an unusually low-stakes affair.Under orders from Attorney General Bill Lockyer, the traditional Texas Hold ‘em poker game went from no-limit wagering to no cash winnings and the grand prize went from a weekend in Las Vegas to a $12 trophy.”Technically, we were probably in violation of state law last year, so this year we played it safe” said Ken Goldstein of EHC Lifebuilders, a San Jose-based charity assisting the hom
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- Kentucky Derby Poker Wins Big for Charity
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- House rejects more frequent charitable poker tournaments…
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Poker lingo:
- BURN - To discard the top card of the deck prior to dealing, usually done for every dealing round except the first. The theory being that if somehow the cards are marked (illegally) no one will know what card will next be dealt, only what card will be burned. This makes marked cards less of an advantage, hence tends to reduce cheating.
- LIVE [CARD] - In Stud, a card probably not held by other players.
- BUTTON CHARGE - A periodic fee paid by whoever is the button, perhaps every 20 minutes or 30 minutes. Constitutes part or all of the HOUSE CUT.
- 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.
- RERAISE - To raise after an opponent has raised.
- S&M - Sklansky & Malmuth. Generally refers to the ideas and algorithms published by these two authors. When used in a 7-card stud context, often refers to "7 Card Stud For Advanced Players", and when used in a Hold'em context, often refers to "Texas Hold'em For Advanced Players".

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