Poker players aim for Vegas tourney

Larry Chebowski would never think of surrendering $10,000 of his own hard-earned money to play in the World Series of Poker, but he’ll be competing anyway, courtesy of Fort McDowell Casino, a charitable spirit and an ugly little 5-3 off-suit.

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Thu, February 16th, 2006

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Poker lexicon:

  • BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
  • CUT - To break the deck into 2 stacks of at least 5 cards each. Usually performed by the player to the dealer's right to insure that the the deck is not stacked.
  • CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
  • 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.
  • HIGH-LOW SPLIT - Forms of poker in which the pot is split between the best hand and best lowball hand.
  • NUT / NUTS - The best possible hand of a given class. Not a LOCK unless all cards have been dealt. The "nut flush" is the highest possible flush, but might still lose to, e.g., a full house. Usually used in Hold'em games.
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