Poker Business Looking Good For 32Red

The first year a business is in operation is always a risky one, and good financial numbers go a long way to making the owners confident in their future, or that they will even have a future. For online poker rooms things are looking good, but still the market is an unpredictable place. The first year a company goes public is likewise a tricky time, and good numbers are even more important, as the company value lives and dies on public perception…

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Useful poker terms:

BET - To put money into the pot, pursuant to the rules of the game, thus maintaining a chance of winning the pot.
RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
TOP PAIR - In flop games, having a hole card that matches the highest card on the board.
ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.
IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
POCKET PAIR - Generic Hold'em term for 2 hole cards of the same rank.

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