Betfair Poker Adds to Poker Festival Prize Pool

IRELAND (PRESS RELEASE) — Betfair Poker will add 10,000 to the “Main Event” prize pool at the Irish Classic Poker Festival. Cork’s Macau Casino is hosting the festival and has teamed up with Betfair Poker to put on the Main Event.

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Fri, June 30th, 2006

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Useful poker terms:

  • POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
  • RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
  • CHECK RAISE - To check initially, then raise a bet made later on in the same betting round. Frequently a sign of strength, but may be a bluff.
  • SUICIDE KING - King of Hearts. So named because in the drawing the king appears to be stabbing himself in the head.
  • BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
  • BAD GAME - Any game in which you figure to be the loser, because the other players are better than you.
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