Poker pros, fans going all in
No longer shunned to the dark, back rooms of casinos, poker is sizzling in the mainstream, having ridden twin tidal waves of exposure to the masses the Internet and television. The hottest happening is the WSOP the longest continual tournament (eight weeks) in poker.
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Poker lexicon:
- NO-LIMIT POKER - A game where there is no maximum bet; a player can wager any amount (perhaps above some minimum) up to whatever money is on the table in front of him.
- BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
- SHORT-STACKED - Playing with a only a small amount of money, thus limiting one's risk and reward.
- BET - To put money into the pot, pursuant to the rules of the game, thus maintaining a chance of winning the pot.
- IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
- FOURTH STREET - In stud poker, the fourth card dealt to each player. Sometimes used to refer to the fourth community card dealt in Hold'em, although the more common term for this is TURN (q.v.).
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