Online Poker a Tempting Investment

With around three hundred online poker rooms, billions of dollars flowing back and forth in the poker community and the fact that poker ranks behind only football and car racing as the most watched “sport” on cable TV, investors are hot to get in on the poker phenomenon before the money river dries up. Despite its technical illegality in the US, folks like Las Vegas attorneys are feeling pretty good that the government will not take any enforcement action; besides, most US businesses that run poker rooms are actually based off shore, complicating any enforcement matters. Nearly two million players log on to poker rooms every day, and nearly three quarter of them are from the US…

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Sun, March 19th, 2006

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Poker dictionary:

  • 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.
  • SIXTH STREET - The sixth card dealt in 7-card stud.
  • WHEEL - A-2-3-4-5. Usually discussed in the context of lowball where it is the best possible hand. Can also refer to a 5-high straight in high games. Also: BICYCLE.
  • SHOWDOWN - The point at the end of the hand where all active players reveal their cards and the pot is awarded to the winner(s).
  • WHITE BLACKBIRD - A hand so astonishingly rare as to be unworthy of the opponents' consideration, e.g., being dealt a pat royal flush in 5-card draw.
  • ON THE COME - A situation where the player does not have a complete hand but hopes to make one if the right cards come up.
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