Court: Poker Limits a Flop: Appeals Panel Says State Has No Reason to Regulate Pot Sizes
By David Angier, The News Herald, Panama City, Fla. Mar. 18–An appeals court Friday busted a play by the state wagering division to halt no-limit poker tournaments because they are dangerous to public health, safety or welfare.
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Poker lexicon:
- FREE CARD - A card dealt after all players checked in a betting round.
- BET - To put money into the pot, pursuant to the rules of the game, thus maintaining a chance of winning the pot.
- RAIL - A barrier dividing the card playing area from a public area.
- HOUSE RULE - Rules and interpretations (e.g., use of wild cards, or rules on having to show beaten hands) that are specific to an establishment or even tables within the establishment.
- RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
- 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.
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