Former Las Vegas Hotel Owners and Reality TV Stars Join CEO Poker Competition
(Press Release) Timothy Poster and Tom Breitling, former owners of the Golden Nugget, and leads in The Casino reality show, will play in the CEO Poker event at The Palms, Oct 22-27, for the title of Chairman of Poker. Poster and Breitling, the two 34 year old millionaires, revolutionized the travel industry by creating the "merchant model" for hotel and vacation packages reservations with Travelscape .com, and later sold it to expedia .com.
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Poker lexicon:
- HOOK - A Jack. So named because the "J" resembles a hook.
- MUCK - [1] A collection of face-down cards near the dealer composed of discards, i.e., folded hands, burns and discards for drawing purposes. [2] To throw one's cards into the muck, thus folding.
- LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
- DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
- FORCED BET - In some stud games a player may be required to make a bet to start the action on the first card. This is similar conceptually to blinds and antes, but in this case is dependent on the cards shown rather than player position. Usually the weakest hand is forced to bet.
- SEAT POSITION - The actual seat a player has, normally numbered sequentially starting with 1 as the first seat to dealer's left. Not to be confused with POSITION in a particular pot. Typically unrelated to play of a hand but often important in peripheral aspects, e.g.: "Seats 1 and 10 are nonsmoking here", "Seat 5 has a good view of the table", "Seat 3 is in a high-traffic area".
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