Poker Industry Gets Nod From LA Times

When a major newspaper comes out and says “you’re okay” many people consider that a ringing endorsement. In a recent article entitled “Don’t Bet the House” the LA Times rang the bell quite loudly when they came out behind legalizing online gambling and poker, a move that is in direct opposition to the current heading of the Ship of State in Washington DC.

The article sums up the reasoning of legislators who are seeking to enforce the illegality of online poker, but also points out the inconstancies of policies, such as ignoring online horse gambling. The Times says the major reason to regulate the industry is the ability to keep it safe for those who like to partake, as well as tapping into a $12 billion industry that is taking American money and not giving any back….

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Sun, June 18th, 2006

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Poker lexicon:

  • LOWBALL - Generic term for poker where the lowest hand wins.
  • MAIN POT - The main pot, as related to one or more side pots, when there are one or more all-in player(s). The main pot is the one in which all active players participate.
  • RERAISE - To raise after an opponent has raised.
  • STAKE - The amount of a player's BUY-IN, or the amount of money they are willing to play with in a given session. Compare: BANKROLL.
  • TIGHT - [1] A style of play that entails playing fewer hands than average. Antonym: LOOSE. [2] A FULL HOUSE.
  • BRODERICK CRAWFORD - In Hold'em, hole cards of 10-4. From the 1950s TV series "Highway Patrol", starring Broderick Crawford.
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