Online Poker Helps Sportingbet Grow in Q2 2006

The second quarter results for online gaming company Sportingbet have been released, and they indicate strong growth. The growth is fueled in part by increased revenue from the company’s Paradise Poker Internet gaming site. Figures for the publicly-traded company indicate that its take from online poker games has doubled in this year’s Q2, to an average of $541,782 per day, compared to just $261,668 a day in last year’s second quarter.

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Thu, February 23rd, 2006

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Useful poker terms:

  • OPEN-ENDED STRAIGHT - Four cards to a straight which can be completed by drawing a card at either end. E.g., 6-7-8-9 is an open-ended straight. Also: BOBTAIL STRAIGHT. Compare: INSIDE STRAIGHT.
  • ONE-EYED - The jack of hearts, jack of spades or king of diamonds. So named because the characters are drawn in profile, thus showing only one eye.
  • ROLLED UP - In seven-card stud, being dealt three of a kind in the first three cards.
  • OPENER - The player who opens the betting, especially in draw poker. A hand may have no openers, in which case it is PASSED OUT, i.e., new hands are dealt.
  • FLAT LIMIT - A variant of fixed limit where all bets are the same amount.
  • DOOR [CARD] - A player's first upcard in stud games.
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