Calvin Ayre’s private mansion raided by Costa Rican officials
The private mansion of Calvin Ayre, CEO and founder of Bodog, was raided by over 60 police officers and other officials on Friday evening. According to Mr. Ayre, who coincidentally appeared on the cover of Forbes earlier this week, no arrests were made but computers and documents were seized.
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Poker glossary:
- FREEZE-OUT - A table-stakes game that continues until a small number of players (possibly only one) has all the money. The major event in The World Series of Poker is a freeze-out game.
- FACE CARD - A jack, queen or king (a card with a face on it, not joker).
- RING GAME - A standard game where players can come and go as they choose. The opposite of TOURNAMENT.
- WORLD SERIES OF POKER - A series of several different poker games with relatively large buy-ins, culminating in a $10,000 buy-in no-limit Hold'em tournament, the winner of which is crowned the World Poker Champion. Sponsored by Binion's Horseshoe Club in Las Vegas.
- NO-LIMIT POKER - A game where there is no maximum bet; a player can wager any amount (perhaps above some minimum) up to whatever money is on the table in front of him.
- HIT - To make a hand or catch a card or cards that improves one's hand. "I hit a gut-shot draw on the river."
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