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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Poker jargon:

POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
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.
FISH - A player who loses money. An old saying is "If you can't spot the fish at the table, *you* are the fish.".
THIRD STREET - In Stud, the third card dealt to each player.
LIMIT POKER - A poker game wherein the amount to be bet is fixed, or at most variable within a prescribed minimum and maximum. Ant.: NO-LIMIT POKER.
CHASE - To continue in a hand, often at poor odds, in the hopes of catching a much better hand. "He called, chasing the flush.".

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