Free Online Poker Tournaments Provide a Window to World Series of Poker

The public was stunned and amazed when they learned in 2003 that the World Series of Poker Championship winner, Chris Moneymaker, got his way into the $10,000 main event through a $40 online satellite. Ever since then the field of poker players in professional tournaments have been divided among those who pay their way in, and those who win their way in. One online player recently won his way in, and it didn’t even cost $40…

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Poker lingo:

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.
MIDDLE POSITION - Betting positions approximately halfway around the table from the first player to act.
EXPECTATION - The long-run [dis-]advantage of a given situation, specifically without reference to any particular outcome. I.e., what you figure to win [lose] on average after a large number of repetitions of the same situation.
RAGS - Board cards that are small, not suited and not in sequence, e.g., 9-5-2. When "rags flop", it is unlikely that anyone has a good hand, except possibly the big blind in an unraised pot.
READ - To determine whether an opponent has a good, medium or bad hand by observing his personal behavior. An inexact science.
COMPUTER HAND - Texas Hold'em hole cards of Q-7 offsuit. More generically, any hand that computer analysis/simulation determines is positive but turns out to be difficult to play in practice.

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