WPT Enterprises, Inc. Responds to Complaint Filed by Seven Poker Players
WPT Enterprises, Inc. today announced, that while it has not received formal notice of a filing of suit, based on an initial review of a complaint posted on a website by seven poker players, the Company believes the asserted antitrust and other claims severely distort the facts and misrepresent the current state of competition in the poker industry.
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Poker jargon:
- OMAHA - A variant of Hold'em where each player receives 4 hole cards and must use exactly two of them (together with 3 of 5 board cards) to make a hand. Often played high-low split with an 8 qualifier for low.
- WORLD SERIES OF POKER - A series of several different poker games with relatively large buy-ins, culminating in a $10,000 buy-in no-limit Hold'em tournament, the winner of which is crowned the World Poker Champion. Sponsored by Binion's Horseshoe Club in Las Vegas.
- OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
- OVERCALL - To call a bet after one or more players already called.
- MILES OF BAD ROAD - Three of a kind. Prefixed with a number, 3*<N>, to indicate 3 <N>s. Thus "24 miles of bad road" is 3 eights, etc. (This obviously doesn't work for face cards.)
- TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".

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