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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Sun, February 12th, 2006

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Poker slang:

  • BACK DOOR - Applies to a hand that was made in the last card or two, specifically not a hand the player was originally planning on having. Most often applied to straights and flushes.
  • MITES AND LICE - A hand consisting of two pair, threes over twos.
  • READ - To determine whether an opponent has a good, medium or bad hand by observing his personal behavior. An inexact science.
  • QUARTER - [1] Twenty-five dollars, often symbolized by a green casino chip. [2] To divide half a pot between two tying hands. In split pot games, a player who "ties" another player for their half of the pot is said to be "quartered". One might say "I didn't bet my A-2 because I figured I'd get quartered".
  • TRIPS - Three of a kind. In Hold'em the term SET is used when two of the three cards are hole cards.
  • 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".
February 2006
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