Party Poker Dodges Potential Fallout
When the higher ups from BetonSports Plc faced arrests this week investors in the gambling and gaming market quickly started looking to dump their shares, and everyone from traders to CEOs to members of Congress expected the ramifications of the arrests to send shockwaves of destructive poker throughout the gaming community. In fact, while there certainly were some impacts from the events, in other ways it was business as usual.
Congress, with HR 4411 through the House and waiting on the Senate, has not rushed to turn the anti online gaming bill into law. Party Poker, one of the biggest online poker rooms, reported second quarter KPI’s of a positive gross revenue up nearly half, to $319.3 million….
Related Poker News:
- Fallout 3 Broken Steel Trailer Up, DLC Available Tomorrow
- Inside Gaming: PokerStars in Belgium, Blackjack on Cake, UIGEA Fallout, and Poker in Chicago
- California Poker Room Dodges Bullet
- PartyPoker will follow you everywhere, including the toilet
- MGM Resorts Strikes Online Poker Deal With Bwin.Party
- WSOP Player Dodges Jail Time
- WSOP Updates – Mary Jones Dodges Bullets to win the Ladies Title
- Dealerless Poker Dodges Tips
- Poker Organizer Dodges Death
- UltimateBet Studio 54 Party Kicks Off WSOP Party Season
- HSBC upgrades rating for PartyGaming
- Party Poker for Mac
Poker jargon:
- FILL - To draw a card that makes a five-card hand (straight, flush, full house, straight flush).
- OVER - A term used in describing two pair or a full house. "Kings over tens" means two pair, kings and tens. "Jacks over", also "Jacks up" describes a hand that is two pair: Jacks with an unspecified lower pair. Also used to describe a full house, distinguishing the three of a kind from the pair. The hand J-J-J-A-A could be described as "Full house, Jacks over Aces".
- OFFSUIT - Not of the same suit. "I held A-Q offsuit" or "The flop was 10-6-2 offsuit". When speaking of 5 or more cards, not all/ of the same suit, i.e., no flush, as in "button had A-K-10-8-7 offsuit."
- SHOWDOWN - The point at the end of the hand where all active players reveal their cards and the pot is awarded to the winner(s).
- 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.
- NUT / NUTS - The best possible hand of a given class. Not a LOCK unless all cards have been dealt. The "nut flush" is the highest possible flush, but might still lose to, e.g., a full house. Usually used in Hold'em games.
RSS feed
