PartyGaming Likely to Settle Online Poker War with Empire Online for $200 Million
A settlement for $200 million. That’s what it looks like it will take to finally bring an end to the hostilities between online poker providers PartyGaming and Empire Online. PartyGaming is reportedly prepared to compensate Empire Online with this huge sum in light of having cut off its poker site, Empire Poker, from the millions-strong PartyGaming player base. As of last year’s severance of ties between the two organizations, Empire Poker was left with only a small percentage of active poker players on the site, causing "substantial damage" to Empire Online revenues.
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- BLUFF - To make a bet or raise with a poor hand, in hope that the remaining active player(s) will fold.
- OPEN - Make the first bet in a hand, especially in draw poker.
- POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
- SEVENTH STREET - The seventh card dealt in 7-card stud.
- FIFTH STREET - In stud poker, the fifth card to be dealt to each player. Sometimes used to refer to the last card dealt in Hold'em, although the more common term for this is RIVER (q.v.).
- OPENERS - Cards in a hand that qualify a player to open the betting.