Students make big money Internet gambling
Nearly every visitor to Las Vegas shares the dream of one day returning to the Strip with enough cash to sit down at the high-stakes tables with movie stars, Saudi royalty and international financiers. Few realize that that dream is reality for several Stanford undergraduates who play for big money online sometimes losing or winning tens of thousands of dollars in a single day.Texas Hold em exploded as a national sensation in 2003, the year that ESPN first broadcast the World Series of Poker.
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Poker terminology:
- EVEN-MONEY - A bet that pays off exactly the amount wagered. E.g., "Double or nothing" is an even-money bet.
- BIG BOBTAIL - An open-ended 4-card straight flush.
- 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.
- BUNNY - An eight. So named because one can easily draw "rabbit ears" above the numeral 8, "paws" in the middle and "feet" at the bottom. (Do this only at home, and not on cards that will be used for play.)
- REBUY - [1] To purchase additional chips after an initial buy-in, usually after losing most or all of the previous buy-in. This term is most often used in certain tournaments where if one loses all one's chips, or falls below a certain minimum chip level, for an additional sum of money one can purchase a fixed amount of additional tournament chips. Usually there is a time limit (The "REBUY PERIOD") as to how long rebuys are allowed. [2] The additional chips "rebought" in tournament play.
- FLUSH - A poker hand consisting of five cards all one suit.
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